You are viewing a single comment's thread from:

RE: EOS jumps 33% in a single day

in #eos7 years ago

EOS for me is a long term hold and I'm using a similar buy strategy. Bought my first at around 1.80$, some more around 1$ and doubled up last week at 0.49$.

The project makes a lot of sense to me and all the reasons why the price is under heavy pressure can be explained dispite it looking like a scam.

Year long ICO = sure it's an optimal way to make as much as possible, but in the end the market forms the price and everyone gets a fair chance.
Using Ethereum = It's the best way to distribute the tokens right now while developing the platform.
Nothing is promised = best way to avoid it being a security. They can perfectly run away with all the money but it would make no sense whatsoever. The way I'm reading things, there really is pure intend and money will be used for future projects.

Off course I could evaluate the entire situation wrongly but the odds are just too good on this one. With the price being under such a heavy pressure also because chinese money has been stopped it's potentially very cheap. 500k marketcap vs 30M for Ethereum.

Also if I'm not mistaken there will be a way to generate a passive income by lending out bandwith on the network if you hold tokens.

I'm really looking forward to see how EOS will play out in a couple years.

Sort:  

Thanks a lot for your imput. Pretty much I have the same opinion. My stratefy is long term.I don’t look to sell before 2019. If we are proven correct, return on investment will be at least 40x. Keeping my fingers crossed 🤞🤞

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 61599.30
ETH 3389.34
USDT 1.00
SBD 2.50