Golem GNT is at an excellent price level to accumulate. Given the current Etherium price around $150 it seems that Golem is lagging Etherium considerably. I have recently sold nearly all Etherium to buy Golem. I expect upward momentum to favor Golem over Etherium in the next few days or weeks. I also expect that Golem GNT's downside is much more limited giving GNT a favorable risk/return over Etherium. I will continue accumulating Golem GNT at this price level.
GNT/ETH
Relative to Bitcoin
During much of the run up to high price levels this month, the so called altcoins rose at the expense of bitcoin's market capitalization. Bitcoin is absorbing less and less of new capital inflows entering the cryptocurrency market. This trend should continue and makes pricing in bitcoin less and less reliable as a price guage.
How to buy Golem?
For a wallet I am currently using Exodus at https://www.exodus.io/ Convert Etherium or Bitcoin at shapeshift.io and move into the Golem wallet A good online wallet is at myetherwallet.com
Whether buying Ether or Golem these are good entry prices. I always recommend keeping fiat in a currency portfolio to take advantage of major price swings. Even if Ether loses half its value I will still have the funds to buy more at the lower levels.
Golem is a global, open sourced, decentralized supercomputer that anyone can access. It's made up of the combined power of user's machines, from personal laptops to entire datacenters.
(source golem.network)
Etherium Price
Golem depends on Etherium blockchain which is much more reliable than the bitcoin blockchain which has major scaling issues. Golem is one of the few icos that have been launched which have real world applications. Many recent icos seem to be to complex or convoluted to attract general users.
Golem Price In BTC and USD has Found Major Support
GNT's price is strongly supported at these levels making a further decline less probable. In the event that GNT does overshoot to lower levels I would be prepared further increase my position by selling USD/GNT
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