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RE: ⏺My 5 crypto picks for the next 12 months! #4 EOS!
You got some facts wrong on this one. EOS is already on a ton of exchanges Kraken, HitBTC, etc. Buying from their site is somewhat a gamble.
In my opinion, it's still too early to buy EOS. The total supply of EOS will triple. So, if the market cap doesn't grow the price will go down from $1.37 to $0.45.
I will only consider buying EOS when it releases around 800 000 000 tokens.
Hahaha well thanks for that brother! Yeah, I am by no means an expert about these things lol. Thanks for that input! And so we learn ;) So how confident are you that price is likely to drop to that price point?
Talk soon.
I'm basically guaranteed it will. If you want similar examples, check out Steem charts, when the token supply was doubling through out a year the price quickly dropped.
It has also been super quiet about EOS so, the hype to keep the price up is gone. It will start climbing once it shows some results and that will only happen after the ICO when it's fully released and active.
Good and fair point. Also, the fact that we have the same developer for both currencies, it's likely to follow a similar trend. Nicely thought out bro :)
Stay in touch. If you'd like to discuss things more, you are welcome to reach out to me over Steemit Chat.
Talk soon!