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RE: Why am I investing in EOS? (SWOT analysis)

in #eos • 7 years ago (edited)

i'm also accumulating EOS and believe in it long term. however, i'm not sure how we actually earn money from EOS. is it proof of stake - i.e. you just hold the tokens and earn something on the side?

or do we buy EOS tokens when cheap but selling them high later?

7 years ago in #eos by
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     7 years ago 

    I'm betting that we can lease out our stake.

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     7 years ago 

    i hope so too. i wont feel good selling EOS lol

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       7 years ago (edited)

      That is correct. Buy low, sell high. In order for coin price to go high, there should be a demand. Demand will be there because coin will be used for utility of the network. For example, if you hold 1% of the coin, you are guranteed for 1% of the network, storage capacity, etc. Dapp companies will want to hold more EOS which will increase the demand.

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       7 years ago 

      ohh.. i thought we can earn from EOS by just holding them.

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