Sanakoev Letter 8
Hi Fellow Steemians,
Two things: Uranium and EOS!
Short update on my 5th Letter about uranium mining: Recently, Cameco has closed their McArthur River mining operations, taking away 12.5% of global uranium production. The URA ETF surged 14% that day. There are mass lay-offs, blood is in the streets, I feel the bottom is close. And yes, I know people have been saying this for years about uranium. :-)
I have recently purchased EOS, because EOS shows very limited correlation with other coins over the past 3 months (see the white column and row corresponding to EOS compared to the green in the rest of the table):
Picture is courtesy of https://cointrading.ninja/correlation. I have started accumulating EOS because the EOS "ICO" is about halfway over, and the bottom seems to be in. Due to EOS' limited correlation with other coins, EOS is ideal to decrease the volatility in your crypto portfolio.
Happy investing,
Sanakoev
It is for these exact same reasons that I also purchased EOS.
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