BitMango

Massive 30% upside potential on EOS in the next 30 days.

Long
BITFINEX:EOSUSD   EOS / Dollar
Alts are starting to break to the upside, so i'm looking for ones that lag the others but have big potential. EOS , looks like it could bart up at some point. It's happened in past..
Comment: Assuming BTC doesn't enter a mega bear market and destroys all alts. There is no better time to buy EOS
Comment:

Comments

I completely agree. EOS is so oversold, Block One has continued improving EOSIO and the market hasn't cared, it's an ALT! The underlying tone of market sentiment is strong, this one may in fact achieve mass adoption the elusive dream of altcoins. Everything including governance challenges is being addressed. Thanks for your highlighting this asset as a strong contender, the market seems to agree this last month.
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Alt season or just isolated alts? EOS has had a terrible June July and August, although August it looks like the downside has flattened and it's gathering itself for a run. EOSBTC has strengthened, EOSUSD is also forming a base. It will depend on what BTCUSD does, I don't see it breaking away on it's own, do you?
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BitMango Jrdelane
@Jrdelane, There is no such thing as alt season. Alts generally go up when BTC goes up, and generally go down when BTC goes down. However, some alts move faster than others, and that creates distance gaps. EOS is one of those coins that has lagged, which means in the future it will rally to catch up probably.. It depends on the market moving into bull territory over the coming weeks.
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Jrdelane BitMango
@BitMango, 'Alts generally go up when BTC goes up' has not held true this season, alts often go down when BTC goes up and they have not recovered all season, with few exceptions. EOS has just taken a fresh path to diverge from Bitcoin, let's see what happens. I am long (long term long) both EOS and Bitcoin. I win either way if they go up, at different times matters not to me, as long as both retain market dominance. Thank you for the response. I enjoy the expertise you demonstrate.
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