Because of the testnet and the London conference I went long on EOS around 1.40 and increased my holdings a few times on the way down but stopped because the bottom is not in sight yet.
I fear that this could go down to bitshares level. I remember buying in several times in the spring and watching it grow and now all profit is gone. It is really frustrating to watch investments in alt's lose value to bitcoin. I really don't believe in BTC because of it's numerous flaws but it is really a no risk investment compared to alt's
I double my stack every time it half's.... and can do it a few more times .... if it drops to those levels (unlikely being that it's actually a thing "dawn") I would have over 100k coins.
If .18 EOS happens I'm going to sell my entire ETH stack into it.
I doubt EOS will go anywhere near BTS, but I am slightly worried by spikes lower triggering my margin!
Re: bitcoin and risk ... I don't think this is likely at all, but it's not hard to imagine a scenario where the top is already in and it just dies. The tech is redundant lol
Re: Bitcoin and risk. Impossible, still too many buyers. Network effect will get stronger.
True. The "problem" is you (almost) still have to get some btc to get any other alts.