Ongoing market downturn destroyed last year's hype and many people surrender and sold all Cryptos that they have. I really understand why they did that, because constant FUD that we can hear lately pushed weaker hands to sell. Many people have invested in Cryptos because of all hype, without really understanding Cryptos. They have sold first for sure, because if they don't understand importance of Cryptos then they have no reason to hold their positions.
This market downturns always create buying opportunities and NEO is my current BUY.
I am not going to explain what is NEO. There is many nice articles about it and don't want to repeat that. I will just try to explain why I think that NEO is BUY at current price of 53$.
%20%2453.08%20(-10.36%25)%20I%20Coin_%20-%20https___coinmarketcap.com_currencies_neo_.png)
NEO had a peak in January like all Crypto market and price was around 160$.
%20%2453.08%20(-10.36%25)%20I%20Coin_%20-%20https___coinmarketcap.com_currencies_neo_.png)
Some Cryptos maybe will never reach heights like before but NEO will in my opinion and with current price of 53$ I will have 300% profit if that happens.
There are many nice projects but not all of them will be successful and used. Only projects with real use case will have high price of their tokens. This is why I think NEO price will be higher, because NEO already has many DApps on it's platform. You can see at http://ndapp.org/ DApps on NEO. They are working really hard to promote NEO Smart economy and you can see at https://neo.org/event how many events they had to spread a word about it.
Usage is most important thing for some project. Without it, you can even have best project but if nobody use it, it will fail. ETH is currently most used platform for DApps and its tech is far from being best at moment.
My friend @fullcoverbetting made great comparison with previous video systems, Betamax and VHS. Betamax had superior tech but VHS was used more and Betamax failed.
In case of NEO, NEO has great tech, it is used and it will be used more and more for DApps. That is why I see NEO as a BUY at 53$. Plus you get dividend in GAS for holding. Dividends are great thing, especially when price is dropping. It is easier to hold when you have some passive income.
I would like to hear your opinions about NEO and current Crypto market situation.
I am not finansial advisor and this is only my opinion about NEO. If you want to invest you should do your own research.
Regards,
Neo is my main holding, I also have many NEP-5 tokens, APH,DBC,SWTH,EFX,CPX,MCT. The whole NEO Smart Economy is amazing and I feel its the most undervalued blockchain out there.
check out this airdrop on the neo blockchain - after the massive surprise that ONT was this is well worth getting in on!
Use this link for extra coins when joining - here
Thank for info about Epiphany. Never heard before for it.
You are welcome:) Me neither until last week, but it looks interesting - Neo airdrops can be amazing! i got 13k MCT tokens dropped over two wallets - I see some are selling them but I am deffo holding for now.
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I think I am now focusing more accumulating more Steem than any other Cryptos. Many evidence are coming out right now that Steem is far superior in any other blockchain.
I like STEEM also. You can't make mistake if you buy STEEM at current price!
I agree with you.. While the crypto market dropped in recent days, Steem still made gains.
This is very good analysis. Keep up the good work
Neo is one of my favorites, too. The current restructuring of the foundation has even strengthened my opinion here. All activities are showing how well thought the strategy. Also, the people involved are outstanding from my perspective.
NEO has additionally shown some added value by recent Airdrops which alone made some people rich. Take ONT which is a new superstar for me. MCT might also offer great opportunity once listed on exchanges.
If you read the whitepapers of involved companies like Ontology, these are also profound and well thought.
The only back draw was recent news of vulnerability of some issued tokens, the communication of these topics was extremely honest.
Strong buy or hold for me, too.
i`m going to buy some thanks for the info
neo is looking good
Neo was my second moon coin and the one that set me up in crypto. Add in the fact that the Chinese seem to have strong loyalty to their own. I doubt this coin fail to remain in top ten in the near future.
I cant not agree more with you. i intend selling most of my holding to buy Neo. still weeping over not getting the 1st and second airdrops. but God knows am so not missing the next set of drops. my eyes are steaming hot for Cryptos
You forgot to mention the porn 😂
I am a strong believer in Neo and your analyse comfirmed my thoughts!
Let Neo skip to loon and go straight to Mars.
Lets see if we can catch some copy cats again 😁
Edit: forgot to mention. Walk around the house and see how much things com from China. The communist party will make sure that it is a success!
True about porn :-) so we need porn DApp on NEO for success :-)
Naw hentai dapps or are they called Napps?
Get it Neo has N
N you know means....
Porn is what made the internet what it is today! If we like it or not but it is a fact.
When stepping into the cryptoworld I told myself sports betting and porn coins will have a future. But I do have neither of them.
Both sectors are always front runners on the technology front!
Steem's already got porn, check out @dporn. Why invest in neo when there's steem?
Because you need to spread you investments! I do have a firm believe in Steem, but I would not place all my investment in it.
Didn't know we already had porn :)
Thats very true, I've been trying to diversify more, but I keep coming back to STEEM. Slowly but surely I'll be diversifying. I used to be 100% BTC, but now I hold a few coins but most is in STEEM.
Neo is awesome rishi - definitely worth getting some. Diversity is naturally Key - I have just powered down over 2000 steem - whilst it might fly i realised i was way over exposed to it.
If you make a neo wallet you can also sign up for this airdrop - here
While I do think that steem could be a good investment, I wouldn't bet my life on it :)
Feel free to take a look at my portfolio!
The lessons I learned during my crypto investments, is not to diversify too much and that it is better to make a few big investments than a lot of small ones
we really need to spread our investment. it is important that we don't carry all our eggs in one basket.
I think hentai is the best type ;) , hentai dapps needed cough cough I must be hacked ;)
:)
Wow, I did not think I would find this string of comments on this post lmao
+1 :-)
NEP5Token = NEW ECONOMIC/ENVIRONMENTALLY Friendly PORN support it guys make the porn of the future
IS THAT REALLY THE MEANING OF NEP5????????
Ya, why not porn subscribers need the most privacy and the blockchain peer to peer model really address that.
Can not understand . Why talk about porn. if it is a question of quotations, about money. It's about very serious things. Thanks to the author for reviewing this topic.
The porn talk was about an earlier comment. Betamax lost the battle against VHS because they offered porn tapes, while Betamax didn’t jump on that wagon fast enough.
That is why porn for into the picture.
It wasn't only porn responsible for beta's decline.Why the fixation on porn? I get the point about gambling and porn are often front runners in digital or transmission technology but that doesn't mean something will fail if not utilizing those markets.
I think humanities growing need to view pornography and its treatment of women in that industry are very concerning in the modern age.
A good discussion of it all the same,,
Well to be honest there is no fixation on the pron according to me. It were just examples!
It is true that both sectors aren’t going to make a shitty product a great product, I did just want to point out that these sectors are mostly frontrunners!
I do have an opinion about porn and based an your reply we will be mostly on the same page!
But we cannot neglect that both setors could be giving a good enough product or technology a strong push in the back!
I agree with you up to a point. Wouldn't getting more people in developing world access to finance be the better push?
These sectors are also pro fiat i think you'll find.
Am so counting on that bro. so counting on that.
I hope so, NEO is currently my largest holding!
NEO is most certainly a buy at these prices. They are getting more and more ICO's on their blockchain.
On NEO I'm still studying fundamentally.
About the current market conditions, considering ETH a key player, an unfinished retracement is still due. I will hold and buy @ 550$, 525$ and if still drops, @ 425
this is my long term plan (based on MA200 on daily chart)
It is always good to have plan for market drop :-)
Could the bottom be in for a host of cryptos? Sure was a relief this morning in the cryptosphere. Thanks for your analysis.
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Just a quick suggestion.
You only used 4 of the 5 tags.
How about using NEO as a tag to improve the search capability?
I am little fed up with posts like "buy now" or "1000% profit", but can't say that fully disagree with you.
I share your idea that it is a good time to invest. NEO seems to be a platform with a very solid project to think long term. There will always be risks, but whoever does not take risks does not win.
Why do you think Neo is so underpriced right now?
Crypto price in USD is relative. If you compare NEO for example with ONT, on total coin supply ONT has bigger market cap at these price even it has no working product. NEO is working well established platform with many DApps and it has lower market cap than Cardano, Tron, Iota... In comparison with them is undervalued...
Ada,tron,iota are penny coins, neo is not, u cant compare like that.
They have large number of coins so you can't compare price, just market cap...
Neo is a better coin, Learn some new from your post. Love to read it.
Formerly known as Antshares, NEO is a recent iteration on Ethereum’s smart contracts. NEO uses a unique blockchain algorithm that improves upon Ethereum’s model. While the basics still apply, it also supports decentralized commerce, identification and digitization of several assets. NEO also closes loopholes that have caused some Ether contracts to be vulnerable to hackers.
Can i use your picture?? i think it's great.
Great information, Im just starting to inform myself on Cryptos.
I like your posts and your stories are very organized
Thanks!
I buy it bc I have a feeling China gov will accept it but in terms of my ideals Neo is just not for me. Neo just ain't that decentralized but hey it better than Ripple.
True but they say that in the future it will be more decentralized...
...You can always refer back.
Great post!
Been tracking NEO for a long-term advance in the coming weeks.
https://steemit.com/neo/@tradingew/neousd-h2-long-term-longs
yess and im the one of them who already destroyed investment in crypto
Sorry to hear that...
Cryptocurrencies are the future and thank goodness that we are part of it..good post
you are right...
A nice idea, we can use your daily publications on this subject, to be certain to make the right decision.....
that is damn true, thanks for this information sir..
Uhm, this is really cool and informative update on crypto currency, I actually follow your view on this matter, I believe you are talking from experience, the best time to buy any crypto is when the price is falling but it is this time some people would be afraid and desires to sell since they might think they will lose all, they ever invested. Thanks to you I really get the picture really well. This is the right time to invest if I'm right when the price is obviously 👇. Your opinion on neo is really superb though I don't know much about NE(0.i only got to know about it through your piece. Ride on, I will love to receive more of this update from you.
Thanks!
That’s really awesome about NEO ndapp.org is really a good future the one thing is important at this moment have some patience keep HODL you will be seeing good returns in coming time. So my 💯 vote to NEO.
Cheers!!!
Neo to the Moon
Why everyone talking about porn?
Neo is currently in buying zone! Do not miss it!
It may outrun ether as soon as Bull market starts!!
BUY!! and HODL!!
NEO's payment of GAS tokens really make it a great buy as well. If BTC continues to fall, having "cashflow" or gasflow for that matter (lol) gives you some capital to reinvest.
insanely cheap considering the vision is so huge
Nice post! Please follow my page and support my music guys
I hope the prices drop a bit more. Beside NEO I am watching ONT and Pundi X. Both pay or will pay dividends and ONT is related to NEO. Good time to get bigger amounts for cheap!
Binance giving away free GAS for holding NEO is a good enough motivation for me .
this is great post. the discount on the price and the fact its a dividend makes this prime time. I will be picking up a few today. thanks for the post!
Hold a small stake in NEO. Wish I had more funds to buy some more but I'm happy to be a part of the community.
very good analysis !
I've to say NEO is my main holding coin,
think we are just at the beginning !
thanks you for your article,
have a great day !
I am looking for low value coins with high potential growth. Thousands of dollars investing in NEO or any other high valued coins can get you only 300 to 400% as they have already traveled much, but investing in thousand of dollars in low value coins who has smart team and potential growth might give you more than 1K+% easily similar as already done by NEO and other high valued coins.
Neo is going through the dip that all cryptocurrencies are having. Neo is a product with features similar to EOS and Cardano. However, it has an actual product unlike EOS which is still an ICO and have a bigger market cap.
nice
Another nice post.. thanks for sharing this..
Am selling 50% of my holding to buy neo. thanks dude.
Never invest more than 10-20% in one coin...
Actually NEO is doing really well against the dip. And also in the future I think they can use the GAS token to increase its value (giving less gas per month)
I am holding Neo and Ont. I think these along with Etherium will be the most favoured crypto's in the coming years.
i suppose i have been nostalgic for BTC for a long time and it took a while to let go of that..
I love the idea of "gas". It makes holding a currency a bit more easy as you gain this passive income from holding onto your Neo. That has to be one of it's main attractions..
I have high hopes for Neo, Stellar and Ontology.
Thank you for post..