Currently, with the downtrend in cryptocurrency the best time to invest is now. Many people are afraid and become bearish, but the time to buy tokens is always during the dips. Obviously, this is a hard concept for the many as psychologically downtrends cause people to be weary of investing or backing projects.
To further my point, I believe the best time to invest in ICOs is during downtrends. The reason is because the cost of many of the payment options for ICOs (ETH, BTC, and LTC) are on a major correction from ATH's. I am of the belief that the overall market cap of crypto will end 2018 around $1.5 to $2 trillion.
So, when ETH reaches $500 or below, and an ICO is accepting this specific coin, then I think it is great value to purchase other tokens with promise. My two reasons are that I think ETH will be worth 10x $500 at the end of 2018 AND tokens with major marketcap potential like XPST can double or even 10x quickly.
This brings me to my point about PokerSports. When people first see the name they believe it is a poker token like Poker Stars, but the project is much larger and ambitious. They specialize in daily fantasy sports (DFS). The current market for DFS in the United States alone is $7.25billion in 2017. The market cap of buying XPST during the 50% bonus presale is only $12.5 million.
$12.5 MILLION compared to just the US market of $7.25 BILLION. You can get the token for a cost of $0.025. If the token gets released at $0.05 you double your investment, but why stop there? What would keep this coin from a 4x or 10x or dare I say 100x?
The ambition of the project is to move into a eSports and iGaming. They intend to use their platform to create 15-20 games and even competitive sports leagues (CFS) that will be streamed on Twitch. The market for gaming is enormous. Think of the potential money market cap for eSports alone?
This small team has somehow assembled a crazy advising all-star team and really looks to change DFS by jumping over to blockchain technology. I think it is a brilliant move that gives the industry a sense of transparent and feeless transactions. Individuals will have instant payouts and control their funds in a decentralized ecosystem.
So, I think there is nothing that stops this token from being a success and being an incredible opportunity for investors during this downtrend and presale bonus. The only question is how much will the investors make?
PokerSports Website: https://goo.gl/V1A8jT
Bitcointalk ANN: https://goo.gl/7TmZsK
PokerSports Twitter: https://goo.gl/7s4fwX
