What's wrong with Iota?
I'm guessing he means this may not be the best time to buy in his opinion. A few weeks back it was around .30 and it's ATH was around $5. Currently the price is dropping. I don't see it dropping below $3 but if it hits the $2 range I'll buy more.i bought in the .30 range so even if it drops more than it's current price I'm ok with it.
Part of the reason it is going up has to do with it's upcoming market place which will include a partnership Microsoft and other known companies.
At one bought people did like it because they didn't see it reaching its current level based on the supply. in my opinion they didn't take into account that it is a utility token more or less.
Also, even though it has been around for a few years (development wise) it may still be in Alpha if I'm not mistaken.it may be a long term play, but it is related to the internet of things so it has a lot of potential to me.