Bitcoin Forum

Is Sell off in NEO over? can some one start buying NEO and accumulate for good profits in future?  ???

NO.

Target price around 12usd.

NEO is currently at the end of its sell off and its bubble. but also this has coincided with the overall market crash which means all altcoins are dropping in value and NEO is not an exception.

if you want to buy in, they waiting is a better option in my opinion.

I think the problem was that it grew so fast so much, now it has so much room to cool off and it keeps falling therefore

Whales have been pushing the price down with "sell-walls" for almost 8 hours. The price will go up once they stop doing that.

Thanks for the valuable information.

Yeah, he has shared very nice info and I am glad for holding my neo in offline wallet than selling it off. I am sure neo is going to increase significantly in value and at that time I will be really proud of my decision. There is nothing wrong with holding neo at present rather it is good opportunity to grab coins at cheap rates.

I think the lowest Price is around 18-20$, but that's only the Support, doesn't mean it has to fall this far.

I will hold my NEO too since I believe in a pump as soon as we get good News from China again (expected in oct/nov).

The neo will try to continue the story after the press release by the pboc regarding the china banned ico. But this time looks to be a good time to buy the neo. But too many exchange sites already delisted neo in china that was affecting the price of neo. This is the right time to buy.

be careful with NEO, it has pumped so much in the past months, maybe it need time to correct, what's more, its Chinese coin originally, it will be influenced by the regulation heavily

Then, Do you believe NEO will reach $30 by the end of the week?

Never existing concept of cryptocoin's over that it used to reach $1b capitalization.

it is not correction it is dump and it seems like the resistance is good for NEO for now and it has kept the price up and didn't let it fall below the resistance line.
and it is an altcoin much like others and it can not be regulated the way any others can not be regulated.

I think it is the right time to buy NEO. Twenty-five dollars fell from fifty dollars, and it will not fall any more. I say this because I believe and invest.

Even now, OmiseGo has fallen behind, but it will not last long and it will recover soon.

I don't think so. As i said, i expect good news from china by theend of the year... maybe till then it reaches 27$ and gets pumped significantly again in 2018.

NEO is a bit smaller than $20 right now. I guess it's a good price. Yet is it worth to buy NEO even again? I mean, the price has been falling since the ban but the problem is that the ban is really making neo not that great and useful. Chinese were supposed to build as much icos as possible and thus pump the price. This will not happen, I think it's obvious now. I think we have to dump neo forever.

We shouldn't forget about the fact that the devs will continue to work - they will follow the regulation of the government and will get pumped again - since the chinese don't want to ban cryptos at all, they will push their own projects further. Amd NEO is their #1 blockchain project.

I tell you, be very very careful in investing NEO. I am not saying it is not a good coin and the project is not good also. I am just saying that you need to carefully monitor the movements as well as price of NEO. It used to jump very high almost in no time, mostly because of hype. Not substantial for me and may break anytime. Moderate amount of investment in NEO is highly advisable.