Quote from: megget on November 29, 2017, 10:32:43 AM

Quote from: caretaker on November 29, 2017, 09:59:39 AM

As we can see, IOTA is going up crazy atm while I'm still waiting for my Bitfinex verification it was going up for around 300% which annoys me a lot. Now I'm not sure anymore whether it's the right time to invest as there might be a correction coming soon after such a big rise in the last month.

What do you guys think?

It's the right time to wait. The technicians invested in IOTA after breaking through the downtrend above 0.45. And those who believed in IOTA bought 0.36. IOTA can grow more, but at this level there is a big risk. IOTA now must go to the correction.

I was lucky and invested in IOTA when it cost 70 cents. Now it crazily grows every day, but I am not planning to sell it any time soon. I think IOTA has the potential to grow up to $100 or so in a few years. The project is truly amazing.
That's why I would say that if you also believe in the project long-term then $2.5 is a very good price. Yet if you look at it rationally then I don't think IOTA improved as much as the price grew. I guess the correction is likely to come anyway, so maybe for now it would be better to wait.