That is correct. I've read they have to be linked to an ETH Wallet. I've seen instructions posted for doing that. Why I'm excited about EOS is that I've read tokens will own the rights to use the blockchain platform. If the platform becomes widely used tokens should be revenue producers as people want to build applications on the platform. I do expect the price of EOS to be suppressed until the offering period is over, but frankly I'm afraid not to have a position in case I'm wrong.
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I agree with that. Since they sell 2 million tokens daily, the price is (almost) bound to go down. I may or may not purchase more EOS tokens if the price drops significantly.
Most traders I know buy investments that are increasing in value because the investment has momentum. Crypto's are a different animal to me. Trading them seems like gambling because they are incredibly volatile. I'd rather buy and hold.