I heard before about it on this forum but dunno if it's smart to invest in it. Anyone with a vision about DAO and can tell me why I should invest in it.
Well, actually if i knew DAO would take some much money through ETH i would have put all my money on ETH, but who knew it would be so huge. All this huge surge in ETH price was probably because of those +100 million dollars put in the DAO recently. Actually, investing in DAO is not that risky because at the end of the crowfunding you can trade your DAO's for even a better price you paid on exchanges (or not, haha), ir you can split it back into ETH getting the same amount of ETH you paid to adquire the DAO's.
Of course doing this makes no sense if you are for the long term. But if you are for a short, it is "almost the same thing" as investing in ETH as The DAO's are tokens tied to ETH coins. People who bought DAO's are probably going to get ROI, because the price increases day by day now, you don't get 100 DAO's for every 1 ETH anymore. So those who are late buying are in more risk because early investors can sell the DAO's in the market for a cheaper price.
At this point i would not invest in it, it is getting riskier day by day as the price of it is increasing. But as i invested in it getting for the smallest price which is 1ETH/100 DAO's i am not really worried about it, probably going to take some ROI.
