Let’s talk NEO and GAS
First off most of you know that NEO is china’s answer to Eth and although many people including myself believe that NEO is everything eth cannot be at this time we won’t cover the differences in this topic.
Instead I would like to go over the importance of NEO and it’s fuel currency “GAS”
Now a lot of speculators believe that GAS is what you should be buying and not NEO and I am here to help you understand that that is NOT the case.
Let us examine facts.
The only way to create GAS is by holding NEO
You need 1000 NEO in order to create 0.35 GAS per day roughly which is currently worth $45000 USD
GAS has made some MASSIVE gains as well and is currently sitting at $35 USD
Now understand that although there are less GAS units than there are NEO, you cannot I repeat CANNOT create GAS WITHOUT NEO.
So the best bet is to Buy NEO and hold it for at least 1-3 years in order to create and accumulate as much GAS as possible.
Because GAS can only be created by NEO holders that translates into GAS being a total seller’s market.
Once this beauty hits major exchanges, smart money will be selling GAS for triple or even 10 times the price it is currently at simply for the fact that they know the buyer cannot get it anywhere else (unless of course they have 1000+ NEO to create it themselves but that also takes time)
So the end result will be very simple, People will pay more for GAS per unit simply because it is so SCARCE BUT NEO will also make MASSIVE and I mean MASSIVE gains because you cannot have GAS without NEO.
In short
NEO --> CREATES GAS --> WHICH IS USED FOR NEO SMART CONTRACTS--> WHICH THEN DISAPPEARS ---> AND WE ARE BACK AT THE STARTING POINT = NEO --> ALL
STACK NEO, HOLD IT AND WATCH YOUR PRIVATE WALLET ACCUMILATE GAS FOR YOU ON A DAILY, IT IS TRULY THE BEST CRYPTO INVESTMENT IN MY OPINION SIMPLY FOR THE FACT THAT IT MAKES YOU MONEY WHILE YOU WAIT FOR THE PRICE TO GO UP.
Disclaimer*
I am NOT a financial advisor, only make investments you are willing and able to lose.
As always
Wishing you all the best
G.H