Post
Topic
Board Altcoin Discussion
Re: I went $150.000, into NEO (screen)
by
vova387
on 27/06/2019, 04:48:27 UTC
There were some times, NEO was marketed as ETH's competitor. The NEP5 ecosystem once was very potential with Ontology, DeepBrain Chain, Thor, Zeepin... But clearly things changed.  You must be very positive on NEO to put $150k on it. If it were me, I'd buy BTC instead.

My mistake was that i didnt calculate ico projects rise ups, and still considered that the current market has about 1000 ico projects out there. Ofcourse because of many different ico projects the money spread will be wider.
But it doesn't really matter, ones altcoin season hits the market the most famous names will go to the same estimated btc worth... It will just take a longer time. For example: You buy for 2 btc in Neo, btc is rising up it is now
worth 1.2btc. Altcoin season hits in and the value will increase to previous highs if not more. That's why selling  alts and moving into btc when btc is rising is money loss. I've made many succesfull altcoin investments and the number 1 reason is always hype/marketing for me.

This altcoin season is very different, that's why the coins in like top 50 will do good and are a safe investment. When ico's were a new thing the best investment was in top 100-200 range. But this altcoin season will be more specific.