EOS Crypto-Currency: The Other Dallas EOS

As a Dallas EOS ® Implementer I spend a bit time each week researching the state of EOS (The Entrepreneurial Operating System®) in Dallas. It didn’t take long for me to realize that EOS is also the official abbreviation for Ethereum, one of the world’s most popular crypto currencies.

Now, I am not a crypto-expert. But, I do have an interest in the market and have followed it for quite some time now. When Bitcoin, the Godzilla of crypto currencies, exploded last year it caused unprecedented popularity in crypto as a speculation market rather than a daily usage currency. I’m not here to argue either way on that subject.

I am here to tell my readers that no matter how exciting an investment may seem. It’s never a good idea to get involved with something you don’t understand. If you’ve never read The Richest Man in Babylon, you should. One of my favorite parables within the book is the man who invests heavily in gems. He hears from a friend that trading in gems is lucrative, so he gives the man some money to start a trade route. 

Long story short, the two get hosed, because they didn’t understand the product they were buying.

Crypto currency is no different. Sure, there is money to be made, and a smart investor can probably do very well for themselves. However, like all things, if you don’t understand it, you’re just playing the odds. The difference with Crypto currency is that the information is so dense, so overwhelming. It’s hard to know where to start. 

That’s where this nifty graphic comes in. I found this on one of the crypto sites I read, Bitcoinplay. I won’t make you a trading expert, but it gives a solid foundation for learning about the general market and the major currencies in it. In short, it’s a launchpad for people who are curious. 

Again, my Dallas EOS is The Entrepreneurial Operating System, so I’m not expert. But, this is a good way to start learning.

Give it a read and let me know what you think. 

 

Dallas EOS Crypto Chart

 

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