IOTA is totally new to me. Did not even know it excisted until it hit the top 10 in the cryptocurrency market. Interesting approach, yet need to dive into that deeper.
For me buying has a lot to do with 'gut' feeling, a hunch and sympathy for a certain project. Also what I think about the technology is important and if it is Free and Open Source.
That is not always the most profitable, but it is something that works best for me. Even when I do lose some in the proces, my focus is long-term.
For me IOTA is outside my field of interest. Yet, I guess that most would state that it is best to buy when the price is relatively low and a huge gain is to be expected. Often that is when it is in the red, or like Heidi Travels wrote: "that is when they are on sale."
But, it is your choice to make, I can only share how things work for me personally.
I think that price right now pretty high, we can compare with BitShare who have about the same number of coins and stable system Steemit, Golos.
I guess question only in how to use it and stable systems created on this platform.
I'm still waiting and looking at market from time to tyme.
Hope soon will be good technical review, because my last post in blog is not enough.
It would indeed help to get more insight it the technical part of it all. That is why I prefer Free and Open Sourced projects. Maybe there will be more technicla info soon.
Bitshares, Golos and Steem are indeed very stable high performance platforms.
More info is always welcome it can really help choose wether to invest or not.
I'm trying to accumulate information in this post https://steemit.com/iota/@aivanouski/hi-i-m-iota-what-where-when-how-is-usd-1-7-billion-the-6th-place-on-the-market-cap
Iota vs byteball added.
Right now looking for transaction speed test and comapring with BitShare
Speed is essential, in my opinion. My view is quite narrow, all those other systems and cryptos are too much to handle for me. Currently I focus on BTC, LTC, DGB, VERGE and NLG. And for the modern tech Steem (Golos), Bitshares and for the future EOS.
When projects are centralized closed sourced, or banks/government connected, I cast them aside right away. But that is my personal choice. The technology of iota seems quite interesting, yet I am short in time as it is, but hope to be able to dive into their whitepaper at a later stage.