Author

Topic: I am still at a 50% loss in my Cardano Holding since I have entered. HODLing.. (Read 203 times)

member
Activity: 290
Merit: 28
bitcoin is not a bubble, it is the pin
Cardano down over 6% today on coinmarketcap. I noticed that EOS was the only coin in the top ten that increased today,over 9%.

the performance of a single day tell you what exactly...any coin can have a good day or two but still be worthless, only the coins that are frequently in the top performing category should get your attention, I haven't seen Cardano in any top chart since the beginning of this year
member
Activity: 210
Merit: 10
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..
As same I you understand, I bought Cardano for 0.9$ and lost a lot of money, but I hope the price will recover and I'll make a profit.
member
Activity: 532
Merit: 13
Cardano down over 6% today on coinmarketcap. I noticed that EOS was the only coin in the top ten that increased today,over 9%.
member
Activity: 290
Merit: 28
bitcoin is not a bubble, it is the pin
Some people write it's time to accumulate more as it's cheap. I wonder how they evaluate that. I think it's rather the opposite, it's overvalued. It is one of these projects that have a great concept but no product. Do you know when there will be a testnet let alone a finished product? I guess not.
sr. member
Activity: 675
Merit: 254
So far so good
At this stage, it is probably best to keep your ADA for the long term as you do. Cardano is a very good project, with great potential. It is possible that in a few weeks, the situation will reverse and the ADA will reach a value between $3 and $5 or even higher, who knows.
member
Activity: 448
Merit: 10
Cardano coin is actually doing good performance in the crypto market and I believe there is a great future with this coin. It would be a great strategy in doing the HODL thing with this coin for a longer period since surely this will give you good beneficial profit in the coming years to come. Let's just hope BTC will continue to grow such that most of the alts price will also be stretch further in order to gain more profit from your investment.
member
Activity: 112
Merit: 10
Since I invested in Ethereum, I have lost almost 60%. The price of Ethereum when I bought them were about $1300.
But no matter what, I think I will hold until the end of the year.
member
Activity: 280
Merit: 20
It's time for accumulation my friend , ADA is very cheap. ADA is a very promising project in long term.
member
Activity: 238
Merit: 10
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..
You should cut loss  when the market is crashing. I hope that the market would turn side ways so you could recover your loses. ADA is a good coin but it is not immune to red market. Holding is good if you buy on the deep.
jr. member
Activity: 168
Merit: 5
You should be aware that you are not actually losing money untill you sell !
Cardano is a great coin, and i'm sure that after the market recovers it will get you nice profits. Just stay strong and don't sell unless you need to.
sr. member
Activity: 406
Merit: 250
Ya Cardano is only promises. I keep my investments in Ardor. It truly has a new and working product that will one day rival Ethereum without all the issues. Good luck with your promises.
ukw
sr. member
Activity: 616
Merit: 250
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..

I personally think you have made good choices and indeed the team behind this coin is pretty good. I think she has a chance to stand in the top 3 by the market cap.  Smiley
member
Activity: 266
Merit: 11
ADA is at the mercy of the whole market right now, they don't have anything coming up themselves that could stop a slide if the market is falling and so the only hope of a price recovery is if the total market cap increases back towards and beyond 500bn.
That's right, and that's make me a little bit sad. I was comparing three Ethereum's Killers - Tezos, EOS and Cardano, and really Cardano looks stronger than others, which have too much words in my opinion. But the weakness of Cardano is their roadmap. They are too slow...
sr. member
Activity: 574
Merit: 250
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..

I understand that you believe in the project and trust the team and I respect that

However technical is sometimes more important than fundamentals. Cardano entered into market just end of 2017 and increased up to top 5 in the market cap. It is just in the beginning era and total market cap was more than Neo, Monero, Litecoin, etc. That was too much overpriced and you should consider that. Good projects can also be overpriced.
member
Activity: 532
Merit: 13
Cardano is one of the cryptos I am looking to buy. I am waiting for eos to climb a bit then exchange some into cardano.
hero member
Activity: 1778
Merit: 520
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

If you are looking for long term investment then you should keep the coins and ignore the current price fall. In the long run, the price will be recovered and if the ADA team managed to achieve the targets set by them, then price can touch the sky.
member
Activity: 210
Merit: 10
The P2P Marketplace For Digital Content
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..
As far as i can see cardano is for a long term holding so you are still good theres a reason why this new coin is at the top,because the project itself is promising the product and the team are excellent you will just need to HOLD this coin as it is going to be more massive when it becomes mature enough in our community look at the roadmap and you will find why.
member
Activity: 182
Merit: 10
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..
ADA or cardano is for the long term investment so you wont need to worry about the short term dumps,you need to look further years from now cardano would be massive because its developers and the product is very promising the roadmap as well that it why it is one of the top coins even though it is still very new to the market,HOLD because it is worthy to hold.
hero member
Activity: 728
Merit: 500
The team can be great. But if the project does not need people, or it is not relevant, a great development team can not do anything about it
jr. member
Activity: 152
Merit: 1
I was thinking about entering ADA at this point. Anyone know why ADA took such a brutal dive? It's about 90% from ATH.
Any fundamental news on tech or dev team that I missed?

The drop is related to the whole market drop in general, not specifically to ADA. ADA was below 3 cents in November, 2017, hit ATH of $1.30 and now it's back down to 15-20c. Sure the drop was drastic but it's still higher than what it was before the bull run.
jr. member
Activity: 152
Merit: 1
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..

90% of my portfolio is in ADA. Bought below 5c and have kept HODL'ing even when it reached $1.30. I haven't sold a single ADA. Will continue to HODL for as long as I can.

ADA is the future for gen III blockchains Wink
Dude the level of onions and gonads on you is unreal. I would have passed out at about 50 cents let alone $1, insane you can hold through that. But you must have a grand vision and for your sake I hope ADA becomes big time. Btw the whole market is in shambles at the moment, it isn't just ADA so that should make you feel secure in your holding.

Hahaha.. Well I gotta admit, it wasn't an easy task. All my friends from work were telling me to sell and take profit but I didn't listen to anyone. I could be completely wrong but I see a great future for ADA (Cardano). Only time will tell. I will either be very happy or quite disappointed for not having listened to my friends at first.

I went from being an average person to being a half millionaire in my fiat currency rate and now I'm down to having less than what I invested (due to having bought other coins during the bull run)... Oh well though, it's part of life and risking right? Wink

I'll continue to HODL strong for as long as my heart can handle it Tongue

PS: Thanks for the words of encouragement Cheesy
member
Activity: 267
Merit: 77
I was thinking about entering ADA at this point. Anyone know why ADA took such a brutal dive? It's about 90% from ATH.
Any fundamental news on tech or dev team that I missed?
full member
Activity: 194
Merit: 100
Toplancer.co | PreSale is LIVE | Get Your Bonus
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..

90% of my portfolio is in ADA. Bought below 5c and have kept HODL'ing even when it reached $1.30. I haven't sold a single ADA. Will continue to HODL for as long as I can.

ADA is the future for gen III blockchains Wink
Dude the level of onions and gonads on you is unreal. I would have passed out at about 50 cents let alone $1, insane you can hold through that. But you must have a grand vision and for your sake I hope ADA becomes big time. Btw the whole market is in shambles at the moment, it isn't just ADA so that should make you feel secure in your holding.
jr. member
Activity: 152
Merit: 1
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..

90% of my portfolio is in ADA. Bought below 5c and have kept HODL'ing even when it reached $1.30. I haven't sold a single ADA. Will continue to HODL for as long as I can.

ADA is the future for gen III blockchains Wink
member
Activity: 189
Merit: 12
ADA is at the mercy of the whole market right now, they don't have anything coming up themselves that could stop a slide if the market is falling and so the only hope of a price recovery is if the total market cap increases back towards and beyond 500bn.

I'm afraid it may not happen this year to get back 500bln market cap BTC should be around 15k.
full member
Activity: 415
Merit: 100
ADA is at the mercy of the whole market right now, they don't have anything coming up themselves that could stop a slide if the market is falling and so the only hope of a price recovery is if the total market cap increases back towards and beyond 500bn.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
I only buy, and never sell my ADA because I believe in the team and what they are doing so much.

Just to put it out here so that I can revisit this later, once the layers on top of the base layer starts coming online from the end of this year..
Jump to: