i think you have to know already that everywhere is good and bad people this is reality!!! dear!!! unfortunately. i lost 110k etn because of exchange but i am till here
My way of dealing with my own impatience being a Western investor is to put my mind on other things. Right now I’m playing cryptokitties and also another crypto game that is like the old board game Risk but it’s in Augmented reality. If anyone is interested PM me and I’ll give you my referral code so we both get a bonus.
This is going to take time but when it starts going I feel it will steam roll across Africa. I’m excited to see those M1 phones get released by ICASA and start selling. That’s when I think it will all start.
Thank you for your comments. I see you have done your due diligence, you have researched the project and the team behind it, you have followed all the basics you are cool as a cucumber. However, you are now dissatisfied with your decision. I understand your frustration, but you are making it sound like the company has gone off to boils. NOT true. As one of my colleagues pointed out above no time frames or monetary promises were ever made or implied by Richard or anyone on the Team. I am sorry things are not moving as fast as you thought they would and that you are dissatisfied with some of the comments you received.
There are many things that are taking place behind the closed doors, unfortunately, and I am sure you understand the details cannot be shared with everyone in the open, nor should be shared. We tend to focus on the minor things and not the major things that are important or what the Electroneum has done. Yes, every day is a struggle if you have a negative mindset, when you are wallowing in pity and misery looking at the price every 5 minutes. It is hard to see the good and the true potential that is with the Electroneum. I understand you are older than most and you do not have the luxury of time, but there are external forces such as market conditions, regulations to name a few that are beyond Electroneum’s control.
I know every person in this forum is at a different stage of their life journey, but it is quite clear across the board that no one wants to wait 15 or 20 years. Building of the fintech/cryptocurrency company takes a great deal of perfect execution, it requires hundreds of little tasks done well. The most difficult thing to get right is the execution. This is because running a successful company features a ton of moving parts. Getting all of these parts moving in the right direction is extremely difficult, but I can tell you they are doing better than most. The difference between successful people and unsuccessful people is the successful people do all the things the unsuccessful people don’t want to do. When 10 doors are slammed in your face, go to door number 11 enthusiastically and that is precisely what Richard had been doing.
I don’t have a crystal ball, but can say with an enormous amount of confidence that ETN will succeed, you got to give them more time to navigate.
p.s. 8% tip of the iceberg
I feel like this post should have its own thread. Nice
Thank you for your response, MSystem. I respect your opinion as I know you were in Barcelona at the conference and met with the Electroneum staff.
I realize that no time frames or monetary promises were ever made or implied by Richard or anyone on the Team, however we were told several times there were “Monster Deals” coming. To me, this implies that Electroneum should have a price of more than 1/2 a penny.
It isn’t that things are not moving quickly enough to suit me, the problem is the price of ETN is not moving AT ALL. I did not expect $1.00 (or the ridiculous $100) at this stage of the game. However, I did not expect to lose my entire investment either. As I stated before, I believe most other cryptos are rising with Bitcoin, but ETN is not rising at all. In fact, it keeps falling. The rating on Coin Market Cap went from 50 to 100. This is the wrong direction, as you are aware.
I believe what happened is that ETN was “hyped up” so much by Richard and all the YouTubers that were making Electroneum videos, (and especially those doing interviews with Richard) that when the price went down, it stayed down because people no longer believe Richard or the YouTubers. Now, all we hear is long term, long term, long term.
Well, let me tell you, I can wait for a couple of years (as long as I don’t drop dead in the process). I am not stupid enough to think you can build a business overnight. I know it takes time. HOWEVER, what I would like to see is Richard come out with SOME KIND OF NEWS that would get the public interested in ETN again. We cannot sit at 1/2 a penny for much longer as the entire crypto market is passing us by.
I’m not expecting a fortune, but is it too much to look for a dime while ETN is building their business? Half a penny is VERY CLOSE to ZERO, you do realize that, don’t you? I do believe, in all honestly that after 1/2 a penny comes zero. Something has to give and it has to be soon or no one will ever believe in ETN again, except for the few of us hanging on for dear life.
Again, I will give them all the time they need to succeed. If it takes longer than my lifetime, I will leave my ETN to my Grandchildren. But, someone besides me has to realize that there will be no further buyers of ETN crypto (except maybe the people using it as a means of money in Africa) unless SOMETHING brings that price past 1/2 a cent.
I do hope that you or someone else can communicate this to Richard Ells. Most people don’t have the patience to wait forever with an investment that languishes at 1/2 a penny.
Thank you comment and understanding, it is very much appreciated. I do not have all the answers, but I can tell you there are many irons in the fire. I am pretty sure you will still be very much around when things go well for ETN.
I’ll give it a go! (buncha characters)