Hi! I'm a bit of an idiot when it comes to crypto (jumped in october 2017), but I have read about electroneum and it really looks promising in my eyes. At the moment, ETN is still only available on cryptopia and I am thinking on putting half of my investments on this coin before it becomes available on other exhanges and especially before the mobile mining comes online. It could become huge. For me it feels almost impossible that ETN would not gain when this happens. If it reach 1 USD this year, my lambo dream would come true. ATM, I am just waiting for my altcoins to grow a bit before I sell and buy ETN. Probably in late February. What do you ETN lovers think? From a speculative point of view, would it be better to invest now or in like 1 month?
If you are new, putting half your investment into something is alot of your eggs in one basket. Also, id highly suggest doing the research yourself on why you should invest. Other people may have their own agenda to get you to buy into the project.
Here's my 2c. Right now ETN is below the 1000-1100 sats it's been at for a few months, so is a great time to buy in. However, I would read some of the articles and announcements first, and decide if you want to invest based on those. Nobody can say where it will be at the end of February, it could be $0.01 it could be $1, if you believe in the project, now is a great time to get in.
I agree. If you are new to crypto trading, I would advise on holding a large amount (around 50%) on safe coins such as BTC and ETH. Then use the remaining 50% or so and divide it into altcoins such as ETN that you think will be successful.
The main thing when you are starting out is to think of trades more as a learning experience, and not to focus so much on making profits. Everyone takes losses when they first start, so don't worry so much about it. Because you are likely to take losses when you first start investing, don't put such a large percentage of your holdings into smaller altcoins.
I think it's great though that you found ETN, because I think it's a great project with a lot of potential. I still have a good portion of the ETN coins that I received, and I intend to keep them for a while. The important thing for you, and newer investors is to keep researching and learn more about crypto and different projects.
