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RE: What is Your Advice on Buying EOS (EOS) Now at $1.62

in #eos7 years ago (edited)

If you are in it for the longterm and want to hold for at least 2-3 years this is the time to buy in.
I personally do not trade new cryptos because they are not established yet. They have not shown that they can keep their value over an extended period of time. Many cryptos go to exact zero after the initial hype. Yes you might win big if it goes up again, but who knows?
What I do is I scan for volume spikes if the currency has kept its value for at least a year (better two years) then go with the flow and buy again the first dip.

EW analysis:
I looks like a double ZigZag correction is over or about to be over. If you see a spike up above 2.35 it is likely that the correction is over and a new upmove could slowly develop.

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