Getting the Most Out of the EOS Crowdsale
eos·@shenanigator·
0.000 HBDGetting the Most Out of the EOS Crowdsale
Let me start by saying - **Don't listen to me. Seriously.** There are much better minds out there regarding this topic. I just wanted to share my thoughts about it. ### If you care to continue reading, here's my tentative plan: - Buy a small amount of EOS within the first five days of the crowd sale. - Sell that EOS in the first significant pump. - Wait for crypto prices to crash, then start to make daily purchases of EOS. If you didn't stop reading up there, you'll probably quit now, since I said crypto prices are going to crash. Nobody wants to listen to bears - I get that. If it's any consolation, I'm not bearish long-term, just in the short-term.  [source](https://steemit.com/eos/@destbest/daniel-larimer-eos-fanbot-the-first-and-only-telegram-bot-to-keep-up-to-date-with-eos) <BR> ## The only reason I will buy EOS within the first five days Holders of ETH have seen tremendous gains over the past year, and they'll be looking to diversify. Given this fact, Dan's history, and the hype around his new project, I believe a massive amount of ETH will flow into EOS within the first few days, and the price will explode on exchanges for a short amount of time. I don't think buyers of EOS will get a good price in that first five-day period, but traders on exchanges will pump it. To sell it during this pump, you need to have some in hand. This expected pump is the only reason I will buy EOS immediately - it's my belief there's some quick money to be made. <BR> <BR> ## Why I think EOS will get pumped: For the same reasons I just mentioned. - There's tremendous hype around EOS. - Dan Larimar has two successful blockchain projects under his belt (both top-15 in market cap). - Dan has made early adopters of his past projects a lot of money. **Considering these reasons, I think *Fear Of Missing Out* is likely to kick in.** I'm not usually one to make short-term gambles, but instead, take a few steps back and view things with a longer time horizon. However, I think there are enough potential gains here to risk some cash. I'm not extraordinarily confident in this assessment. Therefore, I won't be risking much money within the first few days. **However, I am convinced that EOS is a game changer, and I want to acquire a significant amount for the best possible price.** In my view, getting the best price will largely depend on what happens to the crypto market as a whole, and to ETH in particular. <BR> > Who said crypto prices are going to crash? Me. Unfortunately, I lost my crystal ball, so it's difficult to know for sure. But, I am confident we will see a massive retracement in crypto prices. There are too many coins with absurdly high market caps. As @liberosist put it: > Crypto traders are irrational lunatics who don't give a shit about what they are pumping. They'll pump anything. Further corroborated by the fact that there are plenty of worthless shitcoins with zero active development worth millions of dollars. <BR> ## What if I'm wrong and prices don't crash? I could be completely wrong. Prices could continue to trend upward for quite some time. If we aren't in a bubble, my strategy for acquiring EOS is worthless. It's a risk I'm willing to take. <BR> <BR> ## What will happen if prices do crash? The average investor doesn't know how to make money. They buy when everyone else is buying, and they sell when everyone else is selling. In other words, they buy high and sell low. The EOS crowd sale is lasting a year - an eternity in the crypto space. If the crypto bubble pops any time in the next year, it will create an outstanding opportunity to pick up some cheap EOS. And it's what I'm counting on. Similar to what happened after some Bitcoin bubbles popped in the past, extreme pessimism will reveal itself. The same thing happened when the STEEM price fell month after month. Almost nobody was buying, and everybody was selling. I remember a prolific blogger on the platform saying "This thing is dead." It was around this time I purchased a lot of STEEM, and was basically called an idiot because "it's going down to a penny." Once the crypto bubble pops, I think prices will decrease for months. After months of falling prices, I think we will see the pessimism come out in droves. Everyone will want to sell, people will call crypto a scam, and there won't be many buyers. THIS is when I'll be purchasing all the EOS that I can. This is when it will be cheap. <BR> <BR> > **Buy when there's blood in the streets.** <BR> <BR> ## Follow me @shenanigator
👍 shenanigator, anyx, patrice, prameshtyagi, zoee, artz, sharingeverybite, gaybeeoh, wackou, joseph, brich, pkattera, virtualgrowth, someguy123, ebargains, renzoarg, thegame, steembets, vannour, innafanz, steemland.com, steemprentice, irawandedy, stefan.steynberg, dubi, dongu, jyp, corvuscoraxx, strangerarray, tuck-fheman, very, kyusho, pheonike, dahaz159, grandpere, viktorcapulet, berkah, picokernel, cube48, jaycobbell, freedomnation, s0u1, timbot606, countryfolk1, malonmar, bola, fajarsdq, g-dubs, ajmalsoby, igster, mark-waser, digital-wisdom, davidjkelley, ethical-ai, jwaser, bwaser, ellepdub, herpetologyguy, morgan.waser, strong-ai, technoprogressiv, edb, furion, steemsports, acidyo, robrigo, biophil, ozymandias, rok-sivante, freeyourmind, someonewhoisme, snowflake, philipnbrown, slowwalker, roelandp, poeticsnake, projectnewbie, fisteganos, samether, christoryan, skapaneas, cryptochannel, reisman, lenatramper, rubenalexander, tarazkp, looftee, kpine, lexiconical, runridefly, meesterboom, roswellrockman, alenevaa, dajohns1420, anahilarski, herbertmueller, nang1, vi1son, steemer0815, michaellamden68, ezzy, tfeldman, uwe69, profitgenerator, rea, happyphoenix, terencehill888, coininstant, honusurf, myroadtours, sv67216721, teammo, bosjaya, tamsguitar, the-alien, magick323, mikebluehair23, sevinwilson, kingscrown, neoxian, fminerten, inv, fmooo, steempty, boatymcboatface, theshell, writingamigo, rossco99, almost-digital, thomasgutierrez, uday625, frankydoodle, bledarus, da-dawn, capgains, kim0jh0, crawfish37, richardcrill, belleontherocks, vir, xiobus, randowhale, samupaha, logic, transisto, greenman, bigmo, minrr, writewords, wattacut, cassidyandfranks, user786, becerra18, testz, synapse, steembass, marble, blubeast, kevinwong, samwara, parthpatel, stray, donkhalil, benjimin, azlicr, sanilmodi, williamevans, lautenglye, remnant39, sunshinetraveler, gordonovich, anacristinasilva, yvonnebraaf, cobloc, nadejde, nerboda, fathin-shihab, ooeygooey, feelsomoon, mdosev, sam99, drako, catcryptik, tommtk611, tudoriliescu, true-profit, themonetaryfew, hedge-x, crypt0, tomino, robertvogt, jessijellibean, magicalvin,