I believe that The current price isn't the ideal price as Mobilego has a lot of potential to grow up.
I suspect this is exactly why it just shot up. many early investors and people who missed out KNOW the trend of cryptos and aren't gonna miss out on this big one within 2 months I bet $3 will be a thing of the past!
I have about $2k already invested into Mobilego, and my investment has shot up to $3k now thanks to Mobilego's explosive growth. I have 6 ETH left since I couldn't participate in the Status ICO, so I am thinking of investing those 6 ETH into Mobile go. Do you think Mobile go will reach $4 or so? What's your take? Thanks
The rise of your holding token is only due to the price rise of the BTC,ETH etc... If you hold $2k of your BTC or ETH, you have over 3k$ now...
If this was true, then hodling my ETH would be around 70k today yet my MGO is over that, and is only 1/3 that
that particular eth was traded foralso, half the time btc/eth go up or down there's always 1-3 tokens that are immune to the wave.
Shouldn't tell people their view on the price is inaccurate because you're also encouraging the 'phantom losses' mentality...my god with phantom losses I'm already a broke billionaire...
all I really know is if I held the ETH it would've hit a cap of 80 or so as of now, yet moved into other tokens, EVEN WITH BTC HOLDING STEADY, it's gone at least 30% over that number, despite many other tokens following the up/downs WITH btc/eth.
People don't like price-watching in fiat, it's my preferred method especially considering the ICO trend. wtf does it matter if btc/eth go up? PHANTOM LOSSES ARENT REAL ITS AN ALTERNATE TIME LINE NO WAY OF KNOWING!!!!
All I know is if you put 2k into something and it turns into 100k, but the btc/eth hodl'd would've been 120k, YOU DID NOT LOSE 20k!!!