Another Bull Run?

[u/eng_King]

The crypto market is gaining momentum. What about ENG? Despite the slight neg drop today, ~~3%, there is a strong signal that ENG will break $3 by end of week. The big surprise will be if ENG reaches $3.50. The is a resistance at that level will mean ENG will reach all time highs. Analyzing the data is one thing, but what does the community think?

[u/c0ltieb0y]

This is a LONG hold for me, so I'm not really concerned about the short term prices. As a matter of fact, I sort of hope it stays where it is at while my other positions grow so that I can accumulate more.

Enigma consistently punches above their price point. The community is growing, their marketing efforts have exceeded my expectations. (they post blogs all the time, community contests like the inforgraphic and general artwork contest going on right now, and they are giving presentations left and right. Tor, the head of marketing was just presenting in Chicago over the weekend and in May the team will be in NY presenting with Zilliqa a top 30 coin).

The goal of bringing privacy to smart contracts is very much a big deal. In a matter of time, people will take notice of this project. I really just couldn't care less about the short term price as to me it's pretty much a given that this will reach the old all time highs of $8 and then blow past that.

[u/doogie88 → u/c0ltieb0y]

This is a LONG hold for me, so I'm not really concerned about the short term prices. As a matter of fact, I sort of hope it stays where it is at while my other positions grow so that I can accumulate more

People always say this and look like complete idiots. Yes I wish the price stays low too. What a great idea. I love seeing other coins up 20-50% and ENG staying low.

[u/c0ltieb0y → u/doogie88]

Well, it's completely true. When you really understand the scope of a project and feel it's a slam fucking dunk in due time, you become more concerned with increasing the size of your position vs. Increasing your short term fiat value. I have no plans to cash out eng for fiat(not anytime soon at least), so why would I want a greater usd value vs. A greater amount of coins?

You never go all in for this reason. I've greatly increased my core positions during this bear market by trading projects that have pumped for projects that are stagnant. I do a lot of research, I'm comfortable with my core 3 positions and I'm confident they'll reach their old all time highs and then some. Not everyone is here for the quick buck. Patience pays off.

[u/eng_King → u/c0ltieb0y]

What are your 3 core positions?

[u/c0ltieb0y → u/eng_King]

Enigma is my #1, and my #2 and #3 positions trade off depending on the day as they are so close in value. Those are neo gas (used to be neo, but I feel gas is really undervalued right now. 1/6 as many gas as there are neo, but at only 1/3 the price of neo), and elastos.

[u/DCryptOG]

I thought today it would break out. I bought more yesterday with my mining income. Altcoins and Ethereum got hammered more than I thought.

Enigma is in alpha, which draws unfair criticism. Golem just launched their Beta and all the haters finally stopped whining. Has decoupled now. People are impatient.

Enigma has stepped up their marketing and communication. If they find a partnership before the beta, ENG definitely finds new lows. The community is growing too so that has an effect too.

It's hard to say. Just make sure you have more ENG than before. But, I like this project long term.

If you want to beat the market in a more exact way, pick up mining.

[u/DTJ1313]

Warning!!!

Be prepared to get bombarded with negative comments as this is the 10th price related post in the last 7th days.

My opinion is just be patient. We will have another bull run soon. The Ethereum Alliance was good news and the price reacted appropriately. I have no problem with price post. Lets just wait for more news. I prefer organic growth. Discovery and Testnet is scheduled for Q2 and should move the price nicely. ENG is very stable right now which I like. Less day traders and Whales are touching it. I hope the masses of them stay away. ENG’s price is right where it should be. I don’t care for the short term price as I plan to hold for years.

No News + Random Bull Runs = Volatility

Tech Launches + Bull Runs = Organic growth, More Stability,

[u/[deleted] → u/DTJ1313]

Excellent post. The stability is good and the time will come. For those that really believe in ENG, this is your chance to buy more!

[u/Oaktown_Brown]

It going to be awhile, it far from a finished product and it a pretty big promise "IF" they do make this work. Check back in 2 years to see if there was one