That seem like a pretty smart strategy right now. However, I'm also thinking that EOS will rise pretty sharply due to hype around launch, so it might also be a good idea to hodl some EOS during the launch as well.
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Agreed but then when to sell? It could drop after launch or rocket. There are several airdrops in the pipeline and you’ll need to hold EOS at the time to benefit! Decisions decisions!!
That's the million dollar question ;)
I have a feeling that the launch hype will pump it pretty high, and then the hype will die down after a few days. I think a few days after the launch is a good time to sell some for profit, and hold some long-term if that's your thing.
Or sell some for profit then buy a k in a couple of months later when price has dropped off!
Yes, that sounds like a pretty good plan. This strategy could potentially allow for a nice profit while also letting us buy in the same amount of tokens for cheaper after a while. A big win-win situation :)
Agreed. Alternatively you can grow your token holdings over time. You do risk the price continuing to rise and missing out on airdrops straight after launch but you’ll have to take these risks into account.
Yep, it's a difficult choice! I will play it a bit safe probably, and try to make some profits, but still hold onto a fair share of tokens, so that way I have a safety net either way.
Agreed. Iam in a similar position but I have real life responsibilities, a mortgage to pay etc so I need to balance risk, reward and reality!