RE: Say No to FOMO. EOS ICO: A Call to Rationality

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Say No to FOMO. EOS ICO: A Call to Rationality

in eos •  7 years ago 

Wow man, that's kind of harsh. I don't think what I wrote was nonsense as I tried to explain my reasoning as best I can. I don't have a crystal ball.

$10 is just a random number example. The price could end up lower or higher.

I didn't give a specific price prediction. My thoughts on this have more to do with the long-term price of EOS throughout the entire ICO window. If buying at $0.8253 or $1.5816 today is a great buy and this is the lowest price we'll ever see, then I'm definitely and completely wrong which will be a bummer for me since I really want to end this year with as much EOS as possible.

If, on the other hand, the price is much lower 6 months from now, then what I wrote still holds and it's better to wait unless someone wants to play the day trader game of buying now, selling higher and then buying lower.

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Yeah. You are right. Sorry :( I guess it was something personal related to the Ico, not to you.
I knew it will be like this, because of the Chinese market. I know its dynamics. I am a trader. The calculation would have worked if exchanges like Yunbi wouldn t have been involved.
Today Window 3, 12 hours to go. Price? $ 1.16 It was .87 cents in the first one. But I do apologize for the language in the first comment. I deleted the last part :)

Thanks for the edit and apology. :)

I want to get myself a lot of EOS... I'll be really surprised if this buying sustains itself for 300+ days... but who knows. I'd rather have EOS than ETH and ETH is going for a lot more than $1.16 so what do I know. Maybe I should be FOMO buying like everyone else.