When I wrote about EOS 4 months ago when it was at $0.70 and described the potential for EOS going to $50 by September 2018, I got quite a few questions marks from people who were asking how something could rise by 7000% within one year? It's becoming more clear to me over time knowing that this $50 mark could be blasted through before the summer of 2018.
Today Brendan Blumer (CEO EOS) announced the 2nd big VC (Venture Capital) partner which is Galaxy Digital. The first Crypto merchant bank ever which will be a HUGE deal over time. Still many people are trading EOS like it's an short-term asset and I can't blame them, if you make a good 30% in 2 days it's a fantastic return. But would I be pissed at myself when I sold EOS at $13.80 (for a 30% profit) and in 2 years I'm looking back at a $500 for one EOS.
Now $500 sounds like an unbelievable market capital, I know. That would mean EOS would be worth 500 Billion dollar. But let me tell you that in todays regular market there are 10 "non blockchain" tech giants that are topping 1 trillion USD ONLY in sales in one year and many of those companies are worth more then $500 Billion.
That the potential of EOS is enormous is already quite known in the crypto space, but how fast and how big it can grow is the million dollar question. If you ask me;
- with the unique scalable blockchain network (ultra fast)
- non charging (not like Ethereum paying for every small change or transaction you make)
- brilliant experienced team developing 24/7
- one Billion dollar return into the development of EOS
I personally see EOS going to the unthinkable within less then 2 years.
How to protect yourself from not selling EOS
- Invest and forget about it; don't check the price 24/7 because the market is volatile and linked to BTC which will cause huge swings.
- Look and learn from the past; Check EOS's it's biggest "competitor" and how it's price evolved. In 2016 Ethereum was bouncing between $2 and $10, just imagine when you sold all of your Ethereum at $2 and today it's worth $1000+, you don't want to be that guy right?
Below example; not even 13 months ago Ethereum came down to $5.81
So the moral of the story is not to remind you I wrote about EOS when it was at $0.70 and $1.40. I really couldn't care less. The moral of todays story is to HODL EOS no matter what the price does. Look at above price swings from Ethereum. Don't be that guy who sold his Ethereum 13 months ago for $5.81 so he could buy a BigMac Menu with a small coke.
Yours Truly,
CryptoPaul