Hey Cryptopeople,
I was interested in investing in Vice Industry Token ICO. But a lot of things changed my mind. So I though I will maybe invest after the ICO. Now I was patiently waiting for the price to drop and it looks like we are almost in a good phase for accumulating.
We are looking at a multi Billion Dollar industry. Look at the current mcap of Steem and compare it to the current Vice mcap. $917,693,009 / $4,991,256 = 183,4.
If Vice reaches the current Steem mcap in any point in the future. We could be looking at extrem multipliers of around x180. This is not even unrealistic if they deliver as promised.
Personally I'd prefer it to go down to around $0.015 to $0.002 before buying.
But be aware that they will distribute 50% Bonus to every participant of the ICO and 80% bonus to investors who bought at least 40 ETH worth of VIT in the ICO. So the circulating supply will be more after distribution of the bonus.
This might cause the price to drop!
My strategy is to buy some in the near future and watch what happens and if the price drops I might add more to my position.
What do you think? Do you agree with me?
Did you buy in the ICO or want to buy in the future?
Leave it in the comments! Let us share our thoughts and profit all together!
Maybe you want to take a look.
https://bitscreener.com/coins/vice-industry-token
https://vicetoken.com/
As always this is not investment advice! Please do your own research!
I wish you all the best of luck and until next time guys!
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https://steemit.com/steemit/@cnt/btc-nice-run-up-can-we-break-12k-r-will-we-retrace-to-7k
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Thank You!
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