Ninjastic
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Board Speculation (Altcoins)
Re: Antshares/ NEO [NEO]
by
nydiacaskey01
on 30/08/2017, 09:34:12 UTC
Quote from: NesNes on August 30, 2017, 08:01:55 AM
Quote from: nydiacaskey01 on August 30, 2017, 07:47:07 AM
Quote from: NesNes on August 30, 2017, 07:41:55 AM
Quote from: CoinratZ on August 30, 2017, 06:56:00 AM
Price still declining, thinking about buying some more.. Big chance it will bounce back on friday the 1st of september.

What will happen on friday the 1. september?
Nothing will happen on September 1 as the ghost month continues until September 19 so son't expect to much pump on NEO. I already dropped my bag of NEO as I am already losing everyday. I can use that money invested in NE with something else that can help me earn and gain back what I have lost with NEO. But dont get me wrong, NEO is a good investment if you are willing to wait, I believe after the ghost month, price of NEO will recover.

Do you think this ghost month has such an big influence on the market?

Isn't that just a traditional thing which most people there celebrate but they don't really care about and keep investing? Do you made any experiences in the last years with this ghost month?
Nope, no experience last year with ghost month since NEO got my attention only this year, and some are saying its the Chinese investors are the one who are pumping this token. Now that its the ghost month and Chinese have this superstition not to engage in any major business decision or they might fail. There's an article in Cointelegraph about it cointelegraph.com/news/east-asias-ghost-month-scare-may-explain-flat-trading-in-certain-altcoins