Well, EOS did it well for investors and maybe there are lots of bag holders waiting to cash in their EOS after it hit a price of $5.35 but well since the hype got over we see the price keeps declining at a steady rate and and is back $2.89.
That is almost a 50% price depreciation. Is it time to buy?
Well I guess EOS at $2.50 would be a good buy ;)
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NO.
I have already said that this is a GOOD project but INFLATED. I would wait until 100 days to see where it goes, I think it will touch down close to $1...it should go to $10 or $25 or even $100 BUT AFTER it proves its worth in real market...not based on hype.
That is my view, I am in US so I cannot invest direct through ICO...if you can - go for the ICO, and get on when ETH is low...
OPINION. NOT AN ADVICE.
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Great post dailysteemnews, 😎 you may be interested in some of my Cryptocurrency recommendations. All the best
https://steemit.com/steem/@crypto-expo/cryptocurrency-altcoins-top-20-to-invest-in-2017
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