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RE: Bottom in on EOS? Slowly building into a margin long
Only invest what you can afford to lose. I think EOS will continue to decline in value until the ICO is over. I really think they made a mistake with this year-long death by a thousand cuts. Remember we are not even 50% of the way through it. I'll probably buy if it starts showing signs of moving up or at least stabilizing over a decently long period (a month or two) as the released tech starts to build some substantial buzz. Remember it took a long time for ETH to really build momentum and value. There was a pretty long period when you could pick it up for a song and that was without a year long drip, drip, drip of 2 million EOS per day and few Chinese buyers to (legally) buy it.
No mistake... done by design. This was targeted so non-traditional investors could buy a monthly stack while giving EOS some time to produce Dapps as well as battle test the network for launch ... The hardest part is building the community. The plan was to spread the tokens as far and wide as possible and prevent whales.
Spot on!
Completely agree. I don't know if it was a mistake by the team but if it wasn't then it is even worse. This is the reward to early investors... Not buying any more EOS and I will be happy with just recovering from the loses.
Don't worry about losses, I'm riding this baby to the top. The way I see it, the cheaper the better at this point.
You could be right, but I hope not - @turmericrob makes an interesting point above about inflation actually slowing as the ICO drags on!