3 Reasons why tezos is Undervalued and is a great investment ?

in #cryptocurrency6 years ago (edited)

Tezos got a lot of hype during the ICO and due to the delays and problems with the Tezos foundation the price has not increased that much. But i think tezos is a great investment opportunity now if you can wait till the next bull run.
Here are some points which implies that tezos is a great investment.

  1. Price of Tezos is undervalued :
    Lets see why the price has fallen after beta net : Most of you must be disappointed to see tezos drop to 1$ after its betanet launch.
    It’s important to note that we are still in a bear market .All the altcoins lost like 50% to 90% in the past few weeks due to btc dropping below 6000$.
    Its mainly due to only one usable exchange that is gate.io listing tezos. Only few people are willing to access gate.io for trading or for selling their ico investment for a quick profit. And there was also the KYC problem which some investors thought was a problem as the foundation did not mention KYC during the ICO period.
    Take an example like quarkchain which listed on binance quickly after the ico . The amount of circulating supply was only 4 million worth of tokens or 4% approx which was the total amount that was sold during the public sale. So they created artificial scarcity to pump the price up 20x following by a quick dump .
    EOS fell to 1$ from 5$. It went all the way upto 17$ and now its 8$. So even if tezos goes below ICO price it will go back up way faster than it went down. Once investors see tezos below ico or close to ico price they will get in.
    So if you believe in tezos as a blockchain , it will surely get 10x to 20x in the near future when you buy low at 1$ ranges.
    Due to low volume if some whale wants to sell 100k tezos the price might dump back to ico price too. If it drops its a great idea to buy some more.

  2. Why tezos is different from other blockchains like EOS , ETH , NEO ?
    Cardano is a research project and if a developer wants to add a functionality to cardano he cannot do it without being approved by the Cardano founders. So cardano core development is centralized in creation and upgrades .
    Now for tezos if the developer wants to add a feature he can do so and he can get approved by community voting and doesn't need to a member of the tezos foundation or he doesn't need to be a founder to add a functionality to tezos . This functionality is called Self-Amending Protocol

  3. You get rewarded for holding and banking your tezos
    If you are a Hodler and wanted to hold tezos for atleast a few years.Then baking is the best option. You get rewarded like 10% ( Depending on the total percentage of tezos being used for baking) every year.
    So there is a reward for holding your tezos tokens if you don't like to trade.

Disclosure : I have invested in tezos during the ICO
I have shared the article on reddit here ~~~ embed:tezos/comments/8xna56/3_reasons_why_tezos_is_undervalued_and_is_a_great/ to reach members of the reddit community. reddit metadata:fHRlem9zfGh0dHBzOi8vd3d3LnJlZGRpdC5jb20vci90ZXpvcy9jb21tZW50cy84eG5hNTYvM19yZWFzb25zX3doeV90ZXpvc19pc191bmRlcnZhbHVlZF9hbmRfaXNfYV9ncmVhdC8gIHRvIHJlYWNoIG1lbWJlcnMgb2YgdGhlIHJlZGRpdCBjb21tdW5pdHkufA== ~~~

An upvote is appreciated on steemit . And also if you are interested in cryptocurrency be sure to follow me as i will be writing more articles about other cryptocurrencies as well.

I am still holding all my tezos.

Thanks.
Technology Geek.