How to Buy EOS, Invest & Make Money with Crypto in 2024

EOS Review and Analysis

EOS statistics & facts

Overview

The EOS token ICO was launched in June 2017, whilst its full platform emerged in mid-2018, as a technologically improved platform where developers could build decentralized applications and smart contracts. The man behind EOS is Dan Larimer, who is also the founder of the cryptocurrency exchange Bitshares and blockchain-based blogging site Steemit.

By the end of the guide, you should know the following:

• A brief history of EOS.
• What EOS can be used for.
• If EOS is a good or a bad investment.
• How to buy EOS.
• Where to buy EOS.

Pros and Cons of Buying EOS

The Benefits of EOS

Thanks to its advanced mechanism for transaction verification (Delegated Proof-of-Stake + Byzantine Fault Tolerance) EOS is much more scalable than its competitors, such as Ethereum, since it claims to capable to process 10,000-100,000 transactions per second.

Unlike some of the other top 10 cryptocurrencies, EOS supports multiple languages, including C++ and this makes it more accessible and attractive to potential miners and developers and helps it expand its community.

The expert team behind EOS is highly experienced team and boasts a successful and proven track record.

Things we didn't like in EOS

The biggest issue with the EOS platform is that its full launch is still relatively recent and one cannot be yet fully certain of what the future will hold for it.

Historical performance

In terms of its performance, EOS managed to raise $700 million in its ICO from mid-2017 to January 2018, while it has also raised even more since. The EOS ICO was ongoing and it opened up for short time periods at regular intervals.

EOS price charts

Price of EOS token

Testament to its popularity and success, the EOS token price has grown considerably since its ICO launch. In fact, it was one of the very few cryptocurrencies to almost entirely escape the 2018 crypto market crash.

EOS price charts

The overall performance of EOS as it is also illustrated by its price and volume undoubtedly ranks it as one of the top cryptocurrencies for 2021.

EOS Future Price Forecast Predictions

* The prediction figures outline some of the Potential high and low of EOS price prediction forecasts for the years 2021, 2022, and 2025 based on the data collected from various sources meant strictly for educational purposes only and not taken as investment advice.

EOS Price Prediction for the year 2021

By the end of the year 2021, using forecast and algorithmic analysis, our price prediction forecasts suggest that one EOS will reach an average price of $11.9, which will be an impressive 2513% growth from it's current market price.

EOS Price Prediction for the year 2022

By the end of the year 2022, our price prediction forecasts suggest that one EOS will reach an average price of $17.35, which will be an impressive 3665% growth from it's current market price.

EOS Price Prediction for the year 2025

By the end of the year 2025, our price prediction forecast suggests that one EOS will reach an average price of $145.625, which will be an impressive 30762% growth from it's current market price.

Where Can You Buy EOS

There are several online sites and platforms where people from across the globe can buy EOS at good exchange rates and with low or no transaction fees. To aid your quest we have comprised a list of some of the most popular methods and platforms to buy EOS from and your strongly advised to consult this list before making your first purchase of or investment in EOS.

How Can You Buy EOS

It only takes a few easy steps to buy EOS with credit card instantly. Speed matters - get instant confirmation, minimal registration & KYC verification!

By the end of the guide, you should know the following:

• Click the Buy Now button.
  Buying EOS with debit card is easy, fast and risk-free. All you need to do is click the “Buy Now” button and then be safely directed to the check-out page.
• Fill in the fields.
• Proceed to checkout.
• Receive your EOS.

To help you pick the right choice, we combed through the leading exchange offerings, and reams of data, to determine the best crypto exchanges as well as the top cryptocurrency brokers when it comes to trading and investing in EOS and other cryptocurrencies.

EOS investment analysis

EOS is viewed by many as one of the most interesting projects in the crypto world and besides ranking in the top ten largest crypto coins, it is also a very strong competitor to Ethereum’s smart contract/dApp enabled blockchain. By addressing the scalability in dApp projects, EOS poses as a very promising investment vehicle.

The overall philosophy of EOS is based on the experiences of its CTO Dan Larimer, on his previous projects such as BITSHARES and STEEM, coupled with the more practical approach of Brenden Blumen, its CEO, both of whom envisage free market solutions which lead to security for the life, freedom and property of users.

Risks of Investing in EOS

EOS is by all accounts and measures a promising platform to invest in, given that it stands out for offering as free services scalability, service friendliness and dApp web assembly tools.

When compared to other similar configurations where transactions usually take about 45 seconds to complete, the EOS network fares much better in terms of transaction confirmation times, since this is down to about 1.5 seconds, proving that it is both fast and efficient.

Unlike other cryptos, EOS has experienced few price setbacks since its initial ICO launch in July 2017, and when they occurred such setbacks could be viewed as opportunities. Moreover, EOS was also affected by the early 2018 massive price correction, but it was less affected than other cryptos and has since registered other rises and drops in its price.

The safety of EOS as an investment shows a great potential especially if one takes into account its widespread adoption and great coin circulating power exemplified. Moreover, its popularity is further show by its large fan base and support on social media platforms and channels. Finally, the fact that the EOS project is constantly in a further development and optimization phase means that better things may be expected for the future.

Tips on How to Invest in EOS and Make a Profit

There is no guarantee that you will make a profit when you invest in EOS. However, to give yourself the best chance possible we have hand-picked the three most valuable such strategies, which you can find below:

• Tip 1: Set your own specific Financial Goals
• Tip 2: Dollar-Cost Average Your EOS Investments
• Tip 3: Diversify Your EOS Investment

Overall Conclusion – Final Thoughts

Ripple’s best features are its fast transaction speeds and ease of performing international payment transactions, which ensure it a vast market presence. Since it is centralized and its majority is controlled by its owner company, contrary to other cryptos Ripple cannot be mined, but can only be obtained if it is bought or traded. Some crypto enthusiasts may be put off by this, especially those with the knowledge and resources to engage in mining. Others may see this as an advantage, since it means that the process of getting hold of some Ripple is clearer and more streamlined.

In this guide, the aim wasn’t only to answer simple questions like “how to buy EOS?” or “where to buy EOS?”. Instead, the goal was to equip you with the relevant knowledge and insight to be able to see and understand the bigger picture as well as make your EOS investment journey as successful and as profitable as possible!