So if you haven't been around crypto very long, you may not know that theres usually a fairly close parity in price between NEO and GAS (they are connected afterall), and gas has been worth more than neo for periods of time, albeit not terribly long periods.
However after Neos blazing run up recently to over 100$s, gas has lagged behind. Now I read the work of someone who crunched the numbers and surmised that Gas should be worth more than Neo at some point in the future... I can get the reference if people are interested.
So this has me thinking. Gas is currently 50$ and Neo is currently 100$... what are the odds that gap closes and Gas gets closer to 100$? My ultimate goal (well I have a lot of goals, but this one is relative to gas/neo) is to accumulate as much Neo as possible to earn as much gas dividend income as possible.
So this is more of an open thought/question. Do you think Gas is a good investment right now, based on the premise there is usually parity in price, and right now gas is 50% cheaper than neo. If you wanted to accumulate Neo, would it be smarter to buy GAS right now and then sell it for Neo if/when GAS hits say 100$ or somewhere close (so long as neo is still around current prices.
Some food for thought.... I'm contemplating buying some gas with the end goal of essentially getting neo for 50$ rather than 100$ right now. Would appreciate any thoughts/feedback, thank you.
-best