Dear friends,
Yes, EOS has great technology, that, in the mid to long term may/will outperform ETH.
But... when the price of an asset goes times 6 (at its peak) in just a few days, it's hype and euphoria that're driving the price.
So, in this 'just before bed'-post, I would like to advise you to not get caught up in the EOS-hype. What goes up fast, comes down even faster. As an entry point, I would look for something in the range of USD 3.30 to 3.50, which was the price when the trading on Kraken started.
For now: keep calm and buy at the right time.
Good night people!
agreed, don't get too ahead of yourself!
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Agreed. EOS is but a glorified idea on paper as of this point. No proof of the technology has been built at all. I'm bothered by this $1B+ valuation it is already receiving assuming all tokens sell through for at least USD $1. It seems ridiculous.
However, the general rule at this moment is ICOs tend to generate a multiplier effect on the amount invested.
From a speculation standpoint people are walking out with profit galore as long as they sell within the first couple of days of the coin hitting the market. Really a sad environment to be in right now.
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