So, while we saw the price come tumbling down after people selling the news, this NASDAQ article confirms that ANS will hit new all time highs once everyone understands the potential of its tech and its future role on the Chinese market. Your opinions? Is this all long-term hold or not?
long term hold!
I think so too, the current FUD is totally artificial and whales are manipulating the price like mad. The conference was great!
The risk to loose everything is always there, but to gain way greater profit over a long-term hold of a yet hidden gem is worth the risk.
I'm not too invested, I currently recuperate my losses by daytrading. However, I like that there has been so much good news right after the conference.
I'm not sure either way. This thing came up overnight and seemed to really surge before going down. I hear it's like ETH only endorsed by China. That could pan out well for it (their stock market is protected - perhaps their crypto could be, also?), but it could also backfire on them. Perhaps it'll develop into a LTC BTC relationship with ETH (ETH being the BTC).
I'll be watching it, but it's too rich for my blood right now.