57,334,955 Circulating EDO Supply
The ticker symbol for Eidoo coin/token is EDO. It is currently priced at $0.42 (this is the going rate on most exchanges), with a 24 hour trading volume of approximately $44,539.78. The price has decreased by -0.41% in the last 24 hours.
Eidoo coin/token has a market capitalization of approximately $24,094,417.12 with 57,334,954.77 circulating supply. It was launched on
As it is with all crypto projects, we encourage you to do your research on Eidoo coin/token before purchasing it. Using google to look up information on Eidoo coin/token is a good starting point and looking at bitcointalk.org is also another good alternative. We will soon be putting up trading guides on Eidoo.
Because we care about our users, here are four crucial Safety tips for trading Crypto assets. Be mindful that you apply these tips to Eidoo too.
Look for similar coins to Eidoo and don’t put all of your eggs in one basket. It goes without saying that diversification is essential. This principle carries over from investing in stock and commodities.
By diversifying we also mean away from crypto assets, don’t focus solely on crypto currencies, Invest in crypto and mix it up with stocks, bonds and commodities (e.g gold). Digital Assets are growing and are a viable investment strategy. Remember, Diversify.
ICOs (Initial Coin Offerings) and IEOs (Initial Exchange Offerings) , are a popular way for crypto currencies to raise funds from the public. They are also an easy way to prey on the vulnerable, financial regulators have warned investors about what it calls “these very high risk, speculative investments”. It warns that there’s little consumer protection and high potential for fraud, as well as high volatility. Some ICOs are regulated by the FCA, but this is on a case-by-case basis, depending on how they are structured.
Initial Exchange offerings are better than ICos, because they have been vetted by Exchanges, but you must do your research asn a crypto investor.
According to an FCA spokesperson, “You should only invest in an ICO project if you are an experienced investor, confident in the quality of the ICO project itself,”.
Crypto Investors should learn not to me ruled by fear, whether it is the Fear Of Missing out (FOMO) or the Fear Uncertainty or Doubt (FUD)
FOMO is one of the biggest dangers. You might look at people around and see that they made money, but just because your family or friend made money on a certain cryptocurrency it does not mean you will. The point at which everyone is talking about a certain investment is the point when it is too late to invest in it. What you need is proper research, sensible assessment of loss potential and an understanding of what you are investing in.
In the crypto space there is always a dooms day predictor who is predicting the end and collapse of the crypto space, as an investor you must not be guided by this fear as it can lead you to make rash decisions.
Keeping your computer and your crypto keys safe is paramount. Always make sure your antivirus is updated and you don’t store your seeds on your computer. You should also use a hardware wallet or cold-wallets.