WAIT!!! DO NOT BUY ENA NOW!!!
In the past few days, we have seen a calculated hype by the Ethereum and the big crypto power community concerning the new kid (#ENA) in the block. The project itself is an interesting one, especially considering that it's the first ever ethereum backed stable coin to hit the market. The prospects are great as I've already stipulated here. However, it is currently overpriced, which makes it a bad investment if we're to measure it with sound logic. Mind you, the project has high ROI potential but you should always have it at the back of your mind that the crypto market is very unpredictable, and now the general market has become more volatile over the past few hours. What does this mean for ENA? This means if you have any intention of buying ENA, wait for a huge retracement at almost 50% loss of its current market value. Do not rush into new tokens when they get listed on exchanges. Yes, read that again. One basic trick to making wealth in the crypto industry, is to hold on to your money when new tokens get listed for a day or two before buying and most importantly to do your research.
Do not sell your holdings now except you've gotten the profits you desire. Hold tight, we are few days away from the Bitcoin halving event.
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