Update: The original original post is not to be taken as investment advice and no posts from me in the future should be considered as investment advice. Due to the fact that Steemit.com removed update features, an update had to be provided in this way. The original post was provided for informational purposes based on what was available at the time.

Cite my previous post for my views:

1. https://steemit.com/tauchain/@dana-edwards/how-to-become-a-stakeholder-in-agoras-and-indirectly-tauchain

Whether or not AGRS is a security or not, I do not yet know for certain. In fact, right now AGRS isn't much more than a presale token which represents something on a platform yet to be built. Day trading these crypto tokens is very risky and I don't endorse the idea. In the blog post above I am speaking of acquiring stake (percentage stake) long term in the Agoras project when I wrote:

If you wait then you might find that the cost of obtaining a sizable stake is no longer cost effective for you.

I'm not suggesting anyone in the present or in the future to try to time the market or day trade. That said I am confident in the long term viability of Tauchain and AGRS if it can be built.