well Cardano has a great team , if you read the white paper you will see it's been fully detailed not just some facts like many coins do!
it called the 3d generation of blockchain , i got some of it in my portfolio since it was 12 cents , well i'm not regretting for holding!
Topic: ADA Bleeding (Read 116 times)
I guess this was probably because of the bitcoin pruce was also in deep red. I lose a lot and cardano, but this time I just have to hold this coin, this has a future.
Do not exclude the fact that the coin can fall sharply to 2 cents again and never grow.
Yes right! But we never knew the future, maybe it will grow again maybe not. Lets just hope. 
Do not exclude the fact that the coin can fall sharply to 2 cents again and never grow.
All other top 10 coins have been trading sideways for the past several weeks, however Cardano has been on a slow bleed since 40c. Given the future potential behind Cardano I find this surprising but nevertheless that's the reality. What are fellow traders thoughts on the short/mid-term future of ADA? Why is it bleeding like this instead of trading sideways?
In roughly forty days, from 11/25/17 to 1/4/18, Cardano grew from around 2 cents to $1.25. That growth was beyond incredible, so it's natural to expect a large correction. When something grows that fast, there is no time for consolidation to build support levels. So when it takes a dive, there is nothing to stop the downward momentum. Short-term, there may be more downside. Long-term, I feel bullish on Cardano's growth.
Cardano grew very fast. Before they had more tools to justify the price. It's still well above the price 4 months ago. The difference is that unlike Scams such as TRon, Nano etc, they do not have a marketing group specializing in spreading any kind of news to raise the price. They do not pay publishers of socias medias, do not pay for magazine articles etc. They are focused only on the product and its development. It's quite different from these pump and dump schemes. If you think of 6 months or more to get a return, this is one of the best hours to buy. just look at the road map. Several projects will be presented in the coming months.
All other top 10 coins have been trading sideways for the past several weeks, however Cardano has been on a slow bleed since 40c. Given the future potential behind Cardano I find this surprising but nevertheless that's the reality. What are fellow traders thoughts on the short/mid-term future of ADA? Why is it bleeding like this instead of trading sideways?
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