Should I invest in NEO now? - page 6.

Jating

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Quote from: David1996 on August 23, 2020, 07:58:13 AM

I observe that the NEO coin has been sideways for more than a year in the 0.00156BTC-0.00160BTC range. I want to invest some in this coin. Is this the best price range yet?
Please give me advice. Thank all!

The first rule of thumb here is that you don't seek financial advise. It's because people here are just like you and me, all of us look at the trend and graphs and we really don't know what the future bring.

With that said, it's better that you do your own investigation so that you can learn a thing or two. And besides, you might hear contradictory advise here, other might tell you not to buy and wait, while there could be advising you. In the end it boils down to your risk aversion and what if the price goes down about you buy it because you listen to someone?

Iyeman

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NEO has already started to enter into the bullish zone and the pattern has already shown a signal to the pump.

You must also see the fundamental of NEO too and it's clearly announced by the developers if there will be a big update to the NEO platform. It will be more scalable, complex and suitable to be used for the defi development.

It's the best price to enter before it's too late.

kindbtc

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Quote from: David1996 on August 23, 2020, 07:58:13 AM

I observe that the NEO coin has been sideways for more than a year in the 0.00156BTC-0.00160BTC range. I want to invest some in this coin. Is this the best price range yet?
Please give me advice. Thank all!

No one can predict exact tops and bottoms but yes neo seems to find support range and it is ranging here for months which could be a sign of accumulation before big rally so maybe good time to enter now.

Princejebs

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Quote from: David1996 on August 23, 2020, 07:58:13 AM

I observe that the NEO coin has been sideways for more than a year in the 0.00156BTC-0.00160BTC range. I want to invest some in this coin. Is this the best price range yet?
Please give me advice. Thank all!

There should be a reason why you are holding a coin for long term. Remember that trend changes as the year goes by.
This coin was founded in 2015 and rebranded in 2017 been called smart economy system. I haven't noticed a significant growth in their deveolopment so far. I you have any other reason unknown to people, you may choose to other wise, I suggest you do your own research into some other alts on the market.
Isn't just about the price but what it can change that can result to massive demand of its little supply

tsaroz

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I'd call NEO a dead coin. I've been following them from the start and was a long time holder since they were Antshares. I personally made some profit on selling NEO but I again bought them to stake. I staked them for a long time yielding nothing. The price of coin+GAS were much less than what I paid for and ever since I sold them for loss, they haven't had any significant increase. Though the team reaches every crypto related conference talking about NEO 2.0, they have zero strategy to increase the adoption of their blockchain.

cabron

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Well if it dips, it should be a good time to buy. One good reason to actaully invest on NEO is GAS. It hasn't taken off, you still can ride on it. If people are buying ETH while th pe price is almost $400, they will still profit once it goes further up.

The fact that this project has good support and also starting to get more dapps on it, it will grow. It grew unnoticed by investors. Its price is even way higher than the popular platforms like WAVES, EOS and TRON.

Apostlekin$$$

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Quote from: David1996 on August 23, 2020, 07:58:13 AM

I observe that the NEO coin has been sideways for more than a year in the 0.00156BTC-0.00160BTC range. I want to invest some in this coin. Is this the best price range yet?
Please give me advice. Thank all!

This is a bad idea because NEO have already taken off, too costly presently, I have interest in this coin as well and I could have buy few when it was trading at 7$ to 10$ range but I don't have much money at the time, presently Neo is trading at 17$ per coin, it will be a huge loss if bears attack the market.

Furious 7

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If you ask other people for advice, it will be very different from your point of view and other people so keep investing in the coins you buy, you should be able to see how the reason you buy is whether you have analyzed more about NEO or just corrected the market after going down will be pumped again it also needs to be considered.

Fredomago

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Quote from: David1996 on August 23, 2020, 07:58:13 AM

I observe that the NEO coin has been sideways for more than a year in the 0.00156BTC-0.00160BTC range. I want to invest some in this coin. Is this the best price range yet?
Please give me advice. Thank all!

The best price is not easy to trace as volatility are really active to this market, you have to understand the very reason why the coin
will move, aside form staking gas I don't see anything from this project. You need to do your research that's the best advice as you'll
bringing your money to something that you are not sure which ways the market will lead you. Be very active with their community and
try to go deeper so you'll be expecting things that will bring great outcome with your investment.

maxreish

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If you look at this chart from coingecko;

That is a 10 day chart. It was obviously pumping well. So if you'll gonna invest and buy it right now, I don't think it's a good entry.
But if you are still on doubt, there are still ways to find out when is the right time for buying entry. If you know how to read technical analysis preferably indicators, you'll not gonna seek some advice here and decide for yourself about this kind of thing.

Anyway, it's you choice to invest and hold some neo. Just let it subside a little or wait for dump so you'll be ready to get some profits after holding it. You can also consider other altcoins aside from neo. They give more potential progress and profits.

ryzaadit

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Want some advice?

If you don't know the reason why you are buying and holding that's a coin, then do not put your money or do some investment/trade. Always keep in your mind, to have the reason why you are buying and holding that's coins not just because the price side away or down a lot. If you asking some people about to enter, they always talk and give you advice all prediction based on their own speculation "DYOR and DWYOR" when following their advice.

David1996

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I observe that the NEO coin has been sideways for more than a year in the 0.00156BTC-0.00160BTC range. I want to invest some in this coin. Is this the best price range yet?
Please give me advice. Thank all!

Topic: Should I invest in NEO now? - page 6. (Read 744 times)