Electroneum

in #electroneum6 years ago

Has anyone invested or mined in Electroneum ?? Not sure if this is gonna make it or is another fallen ICO coin.. They spent quiet alot on marketing and are some of the best marketers in the UK.. They initially had a high ranking but then suddenly dropped to 1010 and who knows it they coming back..

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I have been mining Electroneum since the official pools were announced.

I mined some a while ago.. what are your takes on it?

I have 10 ETN on Cryptopia at the moment and quite a lot more as pending balance on various mining pools... I'm trying to get balance on official pools to minimum withdrawal limit of 20 ETN and then move as many coins as possible to Cryptopia and set sell orders on different prices between 1100 satoshis and 0.08 BTC. When the coins from ICO are released to investors I predict that the price on Cryptopia start to climb up and then I can cash out the coins on sell orders that are below current price.

I had heard about Cyptopia...Il check it out ... thankx for the info

It's wisest to transfer ETN there when the price is really low... Then wait until the price starts climbing up... When the price stops climbing up, it's time to sell some of the ETN and hold the rest. The trick is that when you trade the ETN to BTC, you can use the same BTC to pump the price up when no-one else does. Always use limit orders, so you don't have to wait for exact moment to sell and then someone else is faster than you and the price drops too low again.

When will the coin for the ICO be released to investors? Im guessing no date set yet ?? Do you also trade Bitcoin, as in buy low sell high and also hold BTC long term??

I hold Bitcoin, I don't have enough Bitcoin yet to trade with it. I mostly trade against Tether (USDT) because the minimum limits are lower and that means the prices are more volatile.
Coins for the ICO won't be released before mid-December, but we will know exact date when the tests are done and the results are published.

ok..Im guessing its also when their so called mobile mining app will be released

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