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RE: Best Time to Buy EOS or Any New Cryptocurrency?
Exactly. There are so many Youtubers even authors on Steemit urging people to buy and hodl....forever without substantiating their conviction with logical good reasoning. Just because everybody is jumping on the bandwagon doesn't make it a good investment (ie. think great fool theory).
Just because some gurus copied and pasted a price chart on a post in Steemit doesn't make Steem a good investment.
In every market, somebody is losing and somebody is winning from the financial perspective. If everybody is winning, then who's actually losing? "Free" money sounds like an extremely tempting proposition, but logically, it simply cannot work.