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RE: What is Your Advice on Buying EOS (EOS) Now at $1.62

in #eos7 years ago

The bottom hasn't been hit yet. It will level out below 1.5 for sure. The first window price was under 1$ and the second around $1.25. I believe the bottom will be closer to $1.25. Remember that new tokens are still being issued each day. There is no shortage of supply.

I am very bullish and want to hoard some myself but after my purchase in the first window and then the one at $6 I had to liquidate all of my holdings so I could break even.

Once the bottom is clearly hit I will buy up a large amount to hedge my ETH holdings

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Using your analysis so far I am leaning now toward buying around here now (1/3 of my desired position) and with another 1/3 order in at $1.25 and leaving the remaining 1/3 position open just in case it drops below $1

Thank you @forward-thinker for your insight on this

That is a solid plan

Thanks for those numbers @forward-thinker, I'll be dollar cost averaging my way in.