If you want to mine this coin go ahead, if you want to buy it do it only for short term profit. This coin is so young and block rewards will not halve for another year, thus percentage wise inflation is very high for the coming weeks/months. Even if the market cap would triple in a months time the individual coin value will still  be less in a month than it is now. I'm not investing for another month, lets see what happens with the price for now.