Enjin coin - hold or sell? | Bitcointalksearch.org

TastyChillySauce00

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Quote from: JamesDaniel90 on November 06, 2022, 07:31:52 AM

I started buying Enjin at 1.75 my average buy is now 0.63.

It's pretty good to see that you have been spreading your money into the various price. That deacreases your lose in enjin but this token is not worthy anymore to hold other than betting with the bull market that can come anytime.

Quote from: JamesDaniel90 on November 06, 2022, 07:31:52 AM

My main Metaverse play is Decentraland which I have been buying weekly this year.

Decentraland looked good in the past but not for this time. I think that you can re consider to invest in another metaverse. The metaverse like sandbox was offering gradual reward for their active users. I have been buying heavily when the price reached at the bottom (btc price 18k 19k)
I have not yet sold my sandbox token caused by i staked it and playing the metaverse gradually. Why are you seeing decentraland as a good investment than any other metaverse like sandbox? Tbh if decentraland has a horrible graphic compared with sandbox.
It's poorly built by the developers. No reward or anything. T

pawanjain

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Quote from: Baofeng on November 06, 2022, 04:54:57 AM

I'm also a huge fan of Enjin in the beginning, it was one of the hottest project back then and there are a lot of good news and the project seems to take off. But not just in the last 4 months or so, I haven't heard anything from them.

Fortunately, I sold everything last bull market and so I will say that I'm done with it.

Seems that it has lost it's touch already and investors are looking for other projects now. I won't give financial advise, but for me its better to look for other project that you can invest for the next bull run.

You must be really luck to sell everything in the bull run. You must have got the opportunity buy coins at such low prices right now.
How did you anticipate the bear run ahead and what motivated you to sell your coins at the right time ?
I wish I had sold all my coins as well but I kept on holding to it and still holding on to it.
Probably I will be able to sell them in the next bull run.

Beparanf

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Enjin project is tailored for NFT creation but since there is already a declined in NFT interest, This project token value is heavily affected. There is also a lot of platforms that offers easy minting of NFT that defeat the sole purpose of this project. NFT is not hype anymore while the project itself has a lot of competitors. It's not bad to still hold or accumulate some of it on the current price but don't expect that it will really that much again without a new hype on NFT market.

wheelz1200

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Quote from: JamesDaniel90 on November 05, 2022, 07:49:31 PM

Enjin coin was one of my first buys when I first started crypto in February this year.

It is now one of the smallest parts of my portfolio as I have been focusing on many others since the crash in June and have not bought as much Enjin at these lower prices which currently leaves me 32% down on my investment.

The reason I haven't bought so much Enjin is purely down to believing in other crypto more and hardly hearing anything about Enjin these last 3 or 4 months which isn’t a good sign to me.

I am intrigued to see how many of us hold enjin or at least rate it? For those who know of Enjin, is it worth holding or better to invest elsewhere?

Problem with most projects is that in terms of price it usually only gets one massive push and then traders move on to newer projects to push. Haven't checked back in awhile but if you believe they will continue to press forward stick around. You never know could hit big if they come through. Always liked the idea of enjin just never knew if they could make it a reality.

SUPERSAIAN

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Quote from: JamesDaniel90 on November 06, 2022, 05:26:56 AM

Quote from: Baofeng on November 06, 2022, 04:54:57 AM

I'm also a huge fan of Enjin in the beginning, it was one of the hottest project back then and there are a lot of good news and the project seems to take off. But not just in the last 4 months or so, I haven't heard anything from them.

Fortunately, I sold everything last bull market and so I will say that I'm done with it.

Seems that it has lost it's touch already and investors are looking for other projects now. I won't give financial advise, but for me its better to look for other project that you can invest for the next bull run.

I am hoping it can go on a bit of a run soon so I can cut losses at 20% or something and move my money into something stronger. Don’t feel it is worth selling just yet being 32% down may as well hold and see what happens

I hope it speeds up soon. Because they will pass Polkadot as layer 2 network. They will also launch side projects such as Efinity and NFT.io. In addition, enjin wallet 2.0 will be soon in the wallet update. While all of this is going on, I think it will be a wiggle. The drop from 4 dollars was very fast, and the bull season was not very productive because there was no product that was working properly. Either they could not grow these products or they are waiting for the right time.

ingiltere

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Quote from: JamesDaniel90 on November 05, 2022, 07:49:31 PM

Enjin coin was one of my first buys when I first started crypto in February this year.
It is now one of the smallest parts of my portfolio as I have been focusing on many others since the crash in June and have not bought as much Enjin at these lower prices which currently leaves me 32% down on my investment.
The reason I haven't bought so much Enjin is purely down to believing in other crypto more and hardly hearing anything about Enjin these last 3 or 4 months which isn’t a good sign to me.
I am intrigued to see how many of us hold enjin or at least rate it? For those who know of Enjin, is it worth holding or better to invest elsewhere?

Right now Enjin is one of the coins that have low volume and out of hype. I used to trade it when their main games were poppin' but now I don't see many people talk about Enjin and their games.
I don't know what developers think but I believe Enjin still have some potential. I wouldn't say I'm bullish specifically on Enjin but when we see a general rise in the crypto market Enjin will definitely take part of it. Current prices look like a good buying opportunity considering it's almost %90 down to all time high price. I suggest small part of your portfolio can stay in ENJ as I'll do the same.

JamesDaniel90

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I started buying Enjin at 1.75 my average buy is now 0.63.

My main Metaverse play is Decentraland which I have been buying weekly this year.

TastyChillySauce00

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Quote from: JamesDaniel90 on November 05, 2022, 07:49:31 PM

Enjin coin was one of my first buys when I first started crypto in February this year.

Uhh, you have bought your ENJ at a very high range. I guess you have lost lots of money on ENJ. You bought at average above 1,5 , right?

Quote from: JamesDaniel90 on November 05, 2022, 07:49:31 PM

It is now one of the smallest parts of my portfolio as I have been focusing on many others since the crash in June and have not bought as much Enjin at these lower prices which currently leaves me 32% down on my investment.

Glad to see that if you have been giving small allocation to the enjin. That was very good decision for you. Im still down alot in my investment too. Cheesy

Quote from: JamesDaniel90 on November 05, 2022, 07:49:31 PM

The reason I haven't bought so much Enjin is purely down to believing in other crypto more and hardly hearing anything about Enjin these last 3 or 4 months which isn’t a good sign to me.

Me too, i rarely heard a good news came to the enjin again. It seems like that this token is not a good thing anymore. I personally prefer to take sandbox rather than enjin.

Quote from: JamesDaniel90 on November 05, 2022, 07:49:31 PM

I am intrigued to see how many of us hold enjin or at least rate it? For those who know of Enjin, is it worth holding or better to invest elsewhere?

That doesn't to be look good as investment for now, i prefer to take sandbox rather than enjin caused by sandbox is also having so many active users than enjin.

JamesDaniel90

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Quote from: Baofeng on November 06, 2022, 04:54:57 AM

I'm also a huge fan of Enjin in the beginning, it was one of the hottest project back then and there are a lot of good news and the project seems to take off. But not just in the last 4 months or so, I haven't heard anything from them.

Fortunately, I sold everything last bull market and so I will say that I'm done with it.

Seems that it has lost it's touch already and investors are looking for other projects now. I won't give financial advise, but for me its better to look for other project that you can invest for the next bull run.

I am hoping it can go on a bit of a run soon so I can cut losses at 20% or something and move my money into something stronger. Don’t feel it is worth selling just yet being 32% down may as well hold and see what happens

Baofeng

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I'm also a huge fan of Enjin in the beginning, it was one of the hottest project back then and there are a lot of good news and the project seems to take off. But not just in the last 4 months or so, I haven't heard anything from them.

Fortunately, I sold everything last bull market and so I will say that I'm done with it.

Seems that it has lost it's touch already and investors are looking for other projects now. I won't give financial advise, but for me its better to look for other project that you can invest for the next bull run.

JamesDaniel90

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Activity: 840

Merit: 30

Enjin coin was one of my first buys when I first started crypto in February this year.

It is now one of the smallest parts of my portfolio as I have been focusing on many others since the crash in June and have not bought as much Enjin at these lower prices which currently leaves me 32% down on my investment.

The reason I haven't bought so much Enjin is purely down to believing in other crypto more and hardly hearing anything about Enjin these last 3 or 4 months which isn’t a good sign to me.

I am intrigued to see how many of us hold enjin or at least rate it? For those who know of Enjin, is it worth holding or better to invest elsewhere?

Topic: Enjin coin - hold or sell? (Read 81 times)