RE: EOS Strategy - How to profit off of exchanges adding EOS.

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EOS Strategy - How to profit off of exchanges adding EOS.

in eos •  7 years ago 

Hi Crypto-investor, I was about to buy some EOS when I saw somebod in a blog saying it's better to participate directly into the ICO. Then I came across your column, and if I understand you correctly, you say 65 cents per coin is too expensive. Currently EOS trades at over 400 cents on the exchanges. Is that price comparable to the price I would pay if I would join the current ICO? Could you tell me how to calculate the price? For example, the current ICO window is at 3677 ETH and 12 hours remaining. I have no clue on how to calculate the price based on that, and because of that I also don't know how to decide what would be a good moment to buy EOS. I do like to diversify a bit away from Ether, because you seem to know what you're talking about and you have some confidence in this coin. What moment would you recommend for me to buy EOS in an ICO? This week? Wait a month? Wait a few months? My investment goal is long time (at least a year).

Sorry for all those questions, and thanks for any guidance you could give me!

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Hm, so I already found the answer to one of my questions. To calculate the price of the EOS in the current ICO I divide the number of expected ethers for this ICO times the current ether price in USD, by 200.000, is that correct?

I believe that is correct, if you look at http://eosscan.io/ that's the calculation used.