ETN

in electroneum •  7 years ago  (edited)

So guys.. I've got 10,000 of these. The question is - sell now at a tidy profit or actually back the company and see if it can hit the 1.00 mark? I'm stuck between a rock and a hard place here. The "inner trader" in me is screaming out to sell now but I just can't part with it yet!

If anyone mentions XRP - bugger off. I'm not backing a centralised system even if it makes me a millionaire.

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I am holding my ETN waiting for 2018 and what it has in store for us.

I think it'd be silly to not wait till March time at the very least?!

Wait a month and see where it goes. And sell 50% of it. I think you should never completely sell a coin.

For sure; I'm thinking assess the situation at the end of Q1 '18? - it'd need a serious jump in price for me to clear the lot out.

Check the roadmap of your crypto. If they are delivering then have patience.

Gains are gains.

I usually have a few thought processes/options for scenarios like this:

  1. I got a lot of shares for a low cost. Nothing I'd care about losing. If that's the case, hold and see if you go to the moon.
  2. I got the shares at a cost I'd like to recoup, but I don't really have a lot of profits yet. If that's the case, maybe sell a little but hold onto a decent amount.
  3. It cost me a lot to get the shares (money I would be sad to lose, but gambled anyway). If that's the case, sell if you're not confident in the tech, or if you just need FIAT, but don't be upset if it rockets up after.

As far as ETN is concerned ... it looks like they have a good PR team. Don't have the time to look at all of their LinkedIns, but I didn't see any glaring red flags. Their product seems interesting. Might be worth a hold.

Thanks for your reply bro, I'd say I'm at 1.5. Kind've new to this whole crypto world - it'd be my first proper profit from my portfolio and it'd be nice in the sense of satisfaction I'm getting somewhere. But then again; I get this just by looking at the charts. I'd have to agree with you on the team behind it; they seem honest and capable of pushing this coin to it's potential. Did you manage to get involved with the ICO?

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