Not exactly like ripple, but fair comparison as they hovered between .003-007 for 3 years, with 40B+ in cicrulation and 99B+ pre-mined XRP received a lot of hate in the early days. Now look at them…
Get outside, spend time with family and friends. Enjoy the outdoors. Being involved in the crypto space can be overwhelming at times. Although crypto trading can be fun and enjoyable having a healthy and balanced lifestyle is very important. ETN will not go from .005c to $2 overnight so do not worry you do not have to check it every 15 minutes.
ETN is still a baby so know that you actually did get in early enough just give it time. Large corporations, the general public, governments and investment firms are all watching this space closely and only dipping their toes into this market. There is still a lot of growth potential, especially when these big players start jumping in, there is a lot of talk in the US financial sector about crypto.
There’s been a migration of Wall Street’s top talent to the crypto space. Binance, the world’s largest crypto exchange, will be adding its first fiat trading pairs this year, in fact they announced it today. Nasdaq has expressed interest in trading cryptocurrencies and is supporting the launch of the DX crypto exchange overseas. Circle, backed by Goldman Sachs, purchased the crypto exchange Poloniex and Goldman is entertaining the possibility of trading Bitcoin. Coinbase is continuously active and has made a number of strategic acquisitions including Earn. Mobile applications supporting crypto, like Robinhood and Abra, are now making it more convenient and easy to purchase Bitcoin.The demand for blockchain and crypto-related jobs has also skyrocketed.
ETN has positioned itself in many respects ahead of the pack with KYC/AML being the most needed and crucial for mass adoption. Good days are ahead of us folks, do not lose hope, becasue you are down on your investment.
I leave you with this image:
ETN will have its day in the sun, that is for damn sure.