"To thine own self be true," says Polonius in Hamlet.
I've learned a lot about myself in the past 6 months. Namely the following:
- 1.0 Trading is hard and if you don't have an edge...you will lose money (or future gains).
- 2.0 I don't have an edge to trade
- 3.0 Everyone looks like a genius in a bull market
Enter EOS
I started accumulating EOS in July of 2017 shortly after Jeff Berwick's interview with Dan Larimer.
When I invest, I invest first in people and second in the product. He had a good track record and I believed in his core principles. Steemit and Bitshares, Dan's previous two projects I both love. For me it was an easy move.
That interview led me to make several large purchases of EOS at the time which so far have paid off nicely. They have paid off nicely because I have mostly HODL'd through some stormy seas over the past few months. Back in July and August of 2017, there were a lot more people calling EOS a scam for its long token sale period than there were people saying to buy. That's why it sank under $1 for weeks!!! That may have turned out to be the buying opportunity of a lifetime. Most people who didn't watch that video didn't understand the long token sale period was more about decentralizing the tokens than maximizing profits (although it probably did some of both).
Then EOS shot up to $3 and a bunch of people were saying 'I sold, I sold and I tripped my money, I'll buy it back when it dips!!!' Congrats on your win ma'am, how do you know its going to dip? Why did you even buy in the first place? I'm guessing many people didn't buy back in and have since missed out on massive gains.
Now EOS has shot up to $20+ and people are saying to sell and buy back in later after the dip. Will EOS drop from here? Maybe/Probably (It has tripped in 3 weeks). Do things go straight up forever? No. Could EOS go up to $30 or $40 before it pulls back? Maybe. Is it really premature to sell anything if you believe in the technology since the network hasn't even launched yet? Absolutely. If you have massive gains, should you maybe sell out your initial investment and free-roll the rest? Don't be greedy. Maybe buy some investment grade Silver or Gold with some of those gains? I did.
Where do you think EOS will be 6 months / 12 months after the launch and there are hundreds (maybe thousands) of DAPPs on the platform all using EOS coins? Under $20? Highly Unlikely.
I am Lord 
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