Bitcoin Forum

Hi to all cryptocurrency lovers to day I am looking some suggestions for them I was holding the ETN coin when iit was 0.00000900 Santoshi but it was gone down I never expected, so any crypto experts give me some time to cover my loss do I buy more now? or sell what I have now? Please give some suggestions about ETN.

I don't personally believe in ETN, there isn't much in the way of progress, both in development and the price of the coin. I don't think it's a terrible project, I just feel like there are better investment opportunities. I would sell and invest in to some other stronger alts, ADA, XLM, EOS to name a few.

ETN is a known scam. They raised $70 milions to fork Monero. Anyone can do that fro free. And after they forked, they did not even managed to provide a wallet for many many months. So are incompetent scammers. That coin is of zero use and it uses Monero code from 2 years ago.

You see here: https://coinmarketcap.com/currencies/electroneum/   There is 21 billion ETN in existence an only $8b in circulation. The rest is hold by scam organizers. Just stay away and buy coins that will exist 5-10 years form now. They will have way higher value as today. Scams will have zero value then.

https://i.gyazo.com/7769c787692472942b9b03a0998b1578.png

etn is a project with huge marketing in the beginning,, but, from the beginning i did not interested with this project
because something strange on etn the team with their massive marketing strategy
i think just find a good sell zone,, then buy anothers altcoins with huge potential such as eos and ada my friend

I think you no need to worry so much about ETN. It's a good cryptocurrency and at the moment price of ETN is much lower than before just because of downward trend and not only ETN is being in this situation, you can take a look at ETH, the best altcoin, is also being the same. Try to hold until next year then you'll get what you deserve :D

It's still above the ico price in dollar term as far as i remember about this coin is over valued because this coin has nothing to be used. It's only having a crap system that produce more and more supply to be distributed to the market. This coin is an example about how bad the inflation is.

You want to cover your loss? then don't buy ETN anymore.

Why not buy another coin that will cover your losses and expand your portfolio with a better and reliable coin such as ETH. That coin is just brought to the market due to the hype and I guess you have to learn from that rightaway. I never bought that coin but there's too much hype for that.

I agree that there was too much hype on this coin especially in our country and I believe because of too much advertisement that people got into it.

I had this coin before for bounty and little investment and I got a lot from it because of its timing during the bull run. For you OP, I suggest to cut your losses by selling this and look for other coin because it hard for this coin to go up again.

Im done with ETN mate ever since Im being robed by my account before and the hacker took all my 26k ETN. It is due to their poor account security before.Now I don’t have anymore regrets since theres no point holding ETN in the first place due to its fomo type of coin that capture people to buy it and now it seems like dead and dumb.Its a pure hype coin I guess.

Most of the time I don't pity certain people, any projects where there is rumor of scam/fraud the best thing to do is to avoid it, there will surely be another projects to invest into. The question I was asking during their ICO was why would they need so much money for this project and people should not be surprise to see another exit scam from the team which is becoming a trend nowadays

all really hope ETN will break the 0.2 dollar price again, but it looks like it's not easy or even impossible for the end of this year. I think to break the price of 0.04 at the end of this year is already very difficult

Not sure if this is legit or not, or if you have heard of this or not, but somewhere/sometime on this forum, ETN was a scam is a very common discussion and knowledge. Anyways ETN was easy to gain in the past, it was mineable and it's price was a bit high earlier but I guess with the market down today, and the supply increased as before. This is a no brainer it's price decreased this much.

It has so much hype everywhere and not only on your country.

And I think that another reason why it got so much hype because it has been said to be partnering with steam. With their simulation of mining on mobile that also brought a lot of attention in the community where people wanted to mine it all of the time with their mobile phones. But if you have losses with this coin its better to stop your losses with it already.

You do not need to sell at a loss what you have. better wait until the market starts to grow and you are happy with the result

Now many investors are in the same position as you. just need patience and wait. the market will soon recover

no need to worry. The market will start growing soon, so you should be patient. sell at a loss you always have time

One thing to note, while reading a lot of the replies. Of those who were positive they just noted how the price will recover when the market does. But that is true for all coins. The real thing you need to consider is if the price will increase by more or less than other coins that you could transition in to.

In general, the Electroneum (ETN) cryptocurrency shows a good growth over the past forty days. I think with price of $ 0.015111 USD Electroneum could grow by 1000 percent in the near future

good choise to sell all of your etn. when that coin easy to get one where you get mining phone. dont lost alot of money, look at today and tomorrow maybe etn will give you some profit.

now to get ETN from mining it has begun to be difficult. income has started to decline for every day. this might be a good point for ETNs where we expect ETN prices to rise for a while.
maybe one year ahead will break the price of 0.2 dollars

Just because mining profits are going down doesn't mean that price will increase. It's just as possible that people stop mining all together which would be the worst possible thing for ETN. It's happened with alt-coins before.

I see ETN is going down and can not recover. So it is best to sell it and invest in a more valuable coin as BTC, ETH, XRP, XLM.

How did you say ETN will not recover, It have more mining consumer so again this will prove the right value in future. But all the altcoins are depends on Bitcoin so once it will raise gradually others are follow the same way. Electroneum having occupy the same position in marketcap sometimes move backward and forward at one step so it is one of the standard cryptocurrency.

ETN is over i think, when mining with phone is live the price is dump everywhere, its not favourite coin anymore even its have good news about payment.

You are right, there are a lot of similar coins to the one that you have invested and should not be loops, it is better to look for something more promising and stable.

There is now a good movements and developments  for ETN and I am hoping that things will get more rosy for this coin. yes, this may not be one of the best altcoin but certainly not the worse also. I still believe that there is a good future for ETN though it is quite an uphill battle due to many factors involved. I am expecting ETN to be doing good next year so I can also unload my hoard of this from the bounty campaign made months ago.

Sorry for writing in this thread actually I wanted to know what exactly happening with ETN I bought some etn by thinking cheapest price even then after also price is soaring. Please suggest me about this coin can I hold it or sell it .

I would suggest you not to sell. If you have seen, ETN price went from 47 satochis to 53 satochis on this week. You should stay patient. For me, it looks like the bottom price now.

it is very new to me but I need to research about that how and which is the better future available in this investment then only I made my decision but right now I am collecting the Advisors about this investment otherwise I don't know anything about that much more.

 I think the price is developing right now so the investment time is definitely is perfect for you and you can trust the investment right now in this situation because of the development is increasing every day that's why I'm saying this is the best time for everyone was the to take the risk again for better future.

We do not say it is more valuable like that Bitcoin but we also don't say it is not valuable like Bitcoin that is the problem involved in the confusion between the success and defeat but most of the time the ethereum perform well so we can definitely trust it and make the future to be invested now.

right, ethereum is a good coin after bitcoin to invest because ethereum has a definite future instead of investing in ETN I prefer ethereum as my investment tool for the future

Electroneum started well with the right dynamics but it seems they have lost track of developments or taken a foot of gas. Investing in ten will be considered a right risk which I can do with a few dollars. I will rather go with btc and eth full time

I have a lot of ETN in 2017 and decided to save this token and starting in 2018 the price dropped dramatically and I decided to sell it all. they already have their own platform, I think 2020 will be a good year for ETNs.

I think things like this don't only happen to ETNs, but also to other altcoins. well, after all you've got a loss. for now, there are some coins that I hold, and have the same story. I only see conditions where I can minimize the losses I get, and I think the recovery of this market can be a good opportunity. sell or hold, it depends on your needs. I see the development of ETNs very stable at this time.