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RE: Bottom in on EOS? Slowly building into a margin long

in #eos7 years ago (edited)

Also in for a bit of leverage on the upside of this. I could get margin called at 15c or so at present and if it reaches that level then it is possible that the project is going nowhere - If it comes to that, I'll assess it and if I am still positive, I will cover and look at doubling up as I plan to use the tokens for app development.

A lot of the recent price reduction seems to have been Chinese and FUD related. So far 47.6% of tokens have been distributed (if we count block.one's 10%) but from now on the amount of inflation and risk could come down considerably. By the end of December EOS Dawn 2.0 will be out and 67% of tokens will be distributed. We also may well have some more clarity on community choices for blockchain implementation.

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Seems like we're in a very similar trade!

That's a very interesting point you raise about inflation slowing as the ICO drags on - never thought of that!