Ohh, your prediction was right - now I'm thinking I should invest in WAVES, too, after your post the other day. There are so many exciting projects in crypto right now, I love it. Thank you for helping me learn more about some of the most promising ones!
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NP but I am talking about long term investing rather than day trading. Day trading is a risky game, however if you invest long term in projects that have a sound development team and idea behind them then you reduce the risk of losing money quite significantly.
I definitely agree. I already have insomnia as it is so I don't need to take on day trading haha, HODLing a few quality tokens is my preference. On that note, I hope EOS will come down in price later in the year as the supply increases and hype cools off, I've been holding out for a drop... What are your thoughts?
Hard to say what the EOS price will do. It may never fall and may even go up if the whole market gets even more bullish and people are looking for the next coin to hit Ether levels.
One of the things that surprised me was that the first batch of tokens sold for the lowest price by a factor of about 3 compared to the next lowest price - luckily I put a small bid in then.
To spread the risk what I'm doing with EOS is buying up ETH whenever it dips and then sending small amounts to buy quantities in advance.
That way whatever the market does you reduce the effect of fluctuations.
So far I have buys spread out over 100 days. If you want to do this you will need to use the Metamask wallet as it allows you to bid for any of the days in advance:
https://metamask.io/
Follow the instructions on the EOS page here to access the EOS sale using Metamask (it is pretty simple but dm me if you are having trouble):
https://eos.io/#
(Click the Get EOS button, it will ask you to agree to certain terms.)
It might also be worth putting some low buy orders on Kraken just in case there is a flash crash.
Wow, thank you so much for all your insight and suggestions, I truly appreciate it! I'm going to check out Metamask now and start strategizing. Thanks again for pointing me in the right direction.
NP let me know if you have any problems.