mistahtom

IOST - the run before big announcement

BINANCE:IOSTBTC   IOStoken / Bitcoin
IOStoken has an announcement that is scheduled for tomrorow, the 9th             . I won't play the speculation game here and try to guess what the announcement is but the CEO             has been spending quite some time in Korea. Is it a new partnership? A new exchange? Who knows, only time will tell. A rising wedge is depicted in my graph and I believe we'll retrace back a bit to the 480s before finishing off point E of the wedge before taking off. My target pre-announcement is around 600 sats             . There will no doubt be a dip prior to the release of the news, and depending on the news... IOStoken can skyrocket or dump hard if the news does not match the hype. Regardless, IOS is a longterm investment for me so small price fluctuation will not matter much.

This is not investment advice, this is just my take on IOS token. Happy investing all.
Bình luận: Unfortunately news was not received well by the community, even though locking up 35% means less total supply. Less total supply would inherently increase the value of the tokens during to less circulating coins. It's a shame the community was speculations impossible things such as a partnership with apple, but I cant blame them given that IOSt team used a picture of Apple's CEO. Regardless this is a long term position so any short pullback is not concerning for me.
Unfortunately news was not received well by the community, even though locking up 35% means less total supply. Less total supply would inherently increase the value of the tokens during to less circulating coins. It's a shame the community was speculations impossible things such as a partnership with apple, but I cant blame them given that IOSt team used a picture of Apple's CEO. Regardless this is a long term position so any short pullback is not concerning for me.
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