RE:RE:Level 2s looking very light on the asks Iseneschal wrote:
Or not !
Don't forget to look at the alternative stock quotes for Level 2.
You probably don't see it.......... unless you pay for it.
AMS currently offered at 5 cents on Aequitas NEO - U
Just FYI
Okay, Im going to wegh in here lets compare apples to apples not apples to oranges… Most investors here have known idea how or what NEO is. Here’s my take, NEO is widely considered to be China’s answer to Ethereum. Both crypto currencies use smart contracts but NEO takes advantage of its unique blockchain in order to improve on Ethereum network. NEO have defined themselves as the distributed network for the smart economy
The usual disclaimer: it goes without saying that, as always, none of this information is investment advice. Investing in crypto currencies is extremely risky and you should always rely on your own research or that of a professionally licenced financial adviser before making any investments. There are plenty of “golden rules” about investing. But one that stands out for me is this: never invest in anything you don’t understand.
Like all crypto currencies, NEO will tend to follow the rest of the market. If you see a fall in the price of Bitcoin then you should expect to see NEO and other altcoins take a hit as traders panic and attempt to sell off their assets before they make a loss. Like most crypto currencies, NEO is fairly volatile. You should expect to see some dramatic ups and downs.
NEO is also heavily driven by media attention. When NEO (then antshares) first hit Western headlines there was only a single broker to purchase the altcoin from. This led to a rush to buy it and the price was driven through the roof. Any price rise driven by headlines tend to go through a period of correction as traders engage in profit taking and the value of the token slips.
NEO’s primary user base is in China. This means that the currency is more strongly influenced by news from that region. If you are interested in investing in NEO you will need to keep an eye on developments in China and any incoming regulations from the Chinese government’s.
The price outlook for NEO is a little uncertain. In the short term, you should expect to see volatility as speculators take advantage of the uncertainty surrounding the crypto currency’s future.
In the medium to long term, NEO will go one of two ways. There is the unlikely outcome, that Chinese government will begin a full crackdown on crypto currency. In which case you should expect to see NEO’s value collapse. A more likely long-term outlook is that NEO and China will come to an understanding and the currency will see mainstream adoption among Chinese enterprises. If this happens then expect to see the value explode.
Make of that what you will, but either way, if you’re going to consider investing in NEO – or any crypto currency for that matter – it’s worth understanding how it works and comparing it to TSX or any other exchanges is wrong!
n