Is Cardano still a good investment? - page 3.

doomloop

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Quote from: Jocuserious on August 02, 2023, 12:54:32 PM

It is a trusted coin that they have been living in the crypto market for a long time. Moreover they have stake program which is always preferred by the holders. I know there are many investors who will rush to buy from the dip price but you should research that one of the best coins never goes down in price. If you are long time investors then you can purchase this token with certainty.

Trusted yes, stake program yes as well but being always preferred by HODLers? I'm not really sure with that because I think there are better coins out there for staking than in Cardano. We are still in the bear but I don't see those many buyers you are talking about and if so then why does Cardano's price are still low? Why it was hardly being talked about?

It should be in the headlines already just like the others when their prices are pumping heavily and that is of course due to the heavy demand they are getting. Cardano is one of the best coins and the best coins are not immune to declines although it's not a bad thing. The fall won't still continue till zero. It's only a given opportunity for the buyers to invest in the coin at a better rate.

mich

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Well yes I do think ADA is a good investment still. If a project is still having big events we can think it will stay around for a long time.

The Cardano Foundation has now made a big announcement for its first event. Cardano Summit 2023 will take place in UAE on November 2.

https://u.today/cardano-foundation-highlights-significant-milestones-hit-in-first-annual-report

Jocuserious

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It is a trusted coin that they have been living in the crypto market for a long time. Moreover they have stake program which is always preferred by the holders. I know there are many investors who will rush to buy from the dip price but you should research that one of the best coins never goes down in price. If you are long time investors then you can purchase this token with certainty.

savetheFORUM

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Quote from: mich on July 28, 2023, 01:56:16 AM

Well if you want to invest in a project with a reliable blockchain. Then you can invest in Cardano. Because it now has been more then 5 years since there has been any network outages.

This same we can not say about most of the other blockchains. And it is one of most developed blockchains.

https://thecryptobasic.com/2023/07/27/cardano-now-has-zero-downtime-in-nearly-six-years/

Interestingly enough, not a lot of people care about that at all. I know that you would expect them to care, but if you look at the list you will realize that not all of them do. ADA is great and all, and it was somewhere near the second place for a while as well if I remember correctly during the bull run, but also there are things with worst blockchains that went ahead of it as well at times.

It definitely has one of the most reliable blockchains out there, and it has one of the hardest working dev team out there as well. But this causes them to be slow, they fail behind on trends because they work very carefully and put out a better product than anyone else, but while doing that they are usually quite far behind of careless quick ones.

FanEagle

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It's definitely not a terrible one, I would say that it's going fine so far and it could make some profit for some people as well. I understand that people could look into this situation like we are talking about a big deal here but the reality is that we are going to end up with something much different, and we could definitely do a better job at it as well. Just focus on how you could get better and that should be important to figure out as well.

ADA has been one of the best for a long time and if it keeps staying this good then it's going to be good but if we are talking about something that is realistic, then I could say that it may not do well on the next bull run because it hasn't really improved that much since last one.

fmz89

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keep in mind when coin already pumped really hard in the last cycle, which mean they already burned many fund, dont expect in next cycle will do the same Grin

as times passed on, many coin popup with more advance tech and whale love create new hype and fresh coin held by them, .............repeat Grin

mich

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Well if you want to invest in a project with a reliable blockchain. Then you can invest in Cardano. Because it now has been more then 5 years since there has been any network outages.

This same we can not say about most of the other blockchains. And it is one of most developed blockchains.

https://thecryptobasic.com/2023/07/27/cardano-now-has-zero-downtime-in-nearly-six-years/

peter0425

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Quote from: JamesDaniel90 on May 22, 2023, 06:07:13 AM

I am looking to add one more Crypto to my portfolio and thinking Cardano but wondering how high this can really go during the next bull run.

I am looking for a 10x minimum between now and bull run and the current price is £0.29 with a £10billion market cap - the chances of Cardano doing a 10x next bull run are likely right?

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

with this kind of action specially for the past few days , i think there are something supporters need to look at and sadly I have sold my ADA already so i may not be joining the party if hype happened sooner or early next year.

https://coinmarketcap.com/currencies/cardano/

have some look at other option because cardano is pumping high and look now , while bitcoin is dumping cardano maintain its double digit growth for the last 7 days.

savetheFORUM

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Quote from: GelatikKembar on June 07, 2023, 09:45:54 AM

Cardano is one of the top altcoins that still has a small ROI, I see on coinmarketcap ADA it already has 1400%,
compared to the top 10 but some are still very low, so I'm sure in the next bullish season ADA will reach $20 or even $40!
I'm sure of that because Cardano is indeed one of the blockchains that is said to be mass adopted by several companies.

1400% rise low? Hmm but I think it was big one already but it may not be as big as other top altcoins because they are much older and are performing well than ADA. After all, I still think that ADA was a good coin to include in our bags if we are into long term of investing. It is much better compared to the new coins with unpredictable future.

ADA's ATH is only 3 USD but your prediction of 20 and 40 USD seems huge already. Maybe ADA can reach 5 or 10 USD from this upcoming bull and those price you call will only happen in the next bull season. Not only ADA but other cryptos are also been adopted by big companies. It's impressive but the question is if they are continuously using it?

waONE

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Cardano is still a good investment choice, don't underestimate Cardano even though at this time Cardano is really quite good news,
and it's not even talked about much on social media like YouTube or Twitter, so this is a great opportunity to buy and collect ADA in your wallet to future investment,
I'm sure if Cardano appears good news then ADA will go to the moon easily.

mich

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Caradnos founder Charles Hoskinson praised Ripple for its victory in sec court case. It is because Cardano saw 25% price gains after the sec ruling.
And there is $2 Billion more being invested in ADA is just past 24 hours. There is still 'bullish' investors for #7 coin on coinmarketcap.
https://finbold.com/ghost-chain-cardano-sees-over-2-billion-inflow-into-ada-in-24-hours/

landheer

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investing in altcoins is of course very high risk but usually investing in altcoins when you get profits you always get very big profits, in my opinion if you are interested in investing in ADA CARDANO coins, in my opinion this is a good thing because now the ADA CARDANO coin on cmc is still in the ranking 7 and in my opinion it is still worth the ADA CARDANO coin as a future asset. because if the btc price goes up the ADA CARDANO coin always goes up too. but op the decision is yours.

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Quote from: shinratensei_ on July 14, 2023, 06:47:18 PM

Quote from: Desscount on July 07, 2023, 09:59:25 PM

Quote from: barhavsky on July 07, 2023, 05:06:39 PM

yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.

Yes regardless I still see ADA as a potential coin,
for long term investment it looks like it will be profitable and the important thing is to be patient waiting for the right time to sell it,
let's hope that when the ADA bullrun will reach a new ATH and we'll see.

this coin most certainly will have the chance of growing further if we see some rally and changing of season that is bullish season arriving.
honestly, there has been so many good coins with good potential has been rather stagnant, BNB is also one of them, despite the fact that there has been so many
events involving this coin it still rather stagnant, I don't know the exact reasoning but it seemed that majority of coins with high market capitalisation in general are just waiting
for bullruns to arrive,that seemed to most logical reasoning for right now.

altcoin ADA is in the range of altcoins that can survive during the bearish season, and can also follow the movement of bitcoin when it goes up and down. indeed this altcoin is one of the altcoins that can be prioritized for investment, considering that it will most likely also increase when the bullish season comes and it is also hoped that the increase will exceed the percentage of bitcoin, because that is what we hope to increase the investment risk, but also increase the target gain

shinratensei_

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Quote from: Desscount on July 07, 2023, 09:59:25 PM

Quote from: barhavsky on July 07, 2023, 05:06:39 PM

yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.

Yes regardless I still see ADA as a potential coin,
for long term investment it looks like it will be profitable and the important thing is to be patient waiting for the right time to sell it,
let's hope that when the ADA bullrun will reach a new ATH and we'll see.

this coin most certainly will have the chance of growing further if we see some rally and changing of season that is bullish season arriving.
honestly, there has been so many good coins with good potential has been rather stagnant, BNB is also one of them, despite the fact that there has been so many
events involving this coin it still rather stagnant, I don't know the exact reasoning but it seemed that majority of coins with high market capitalisation in general are just waiting
for bullruns to arrive,that seemed to most logical reasoning for right now.

o48o

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Quote from: mich on July 09, 2023, 11:41:58 PM

Well many Cardano millionaires still think yes ADA is a good investment. In the last 30 days ADA millionaires have grown their holdings by 3.19% in balances.
This is for investors with 100 Million to 1 Billion ADA tokens. Investors with 10,000 to 100,000 ADA have added 50 Million tokens to their wallets.
https://u.today/cardano-millionaire-whales-on-steady-buying-spree-as-ada-price-teases-next-move

OG holders often get stuck with the goldmine (what ever crypto they might be holding) that got their rich in the first place, so they keep investing it again when it's low because they know about it. They follow the news closely and look the charts closely. That's why big whales keep increasing their stacks. They could buy something else but why change the horse in the middle of the race. Going big on new cryptos is just an inconvenient hassle. I have been doing this in the past with some coins that didn't have such high marketcaps. But when you know a coin and it has already given you so much, it's hard to move on something else.

mich

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Well many Cardano millionaires still think yes ADA is a good investment. In the last 30 days ADA millionaires have grown their holdings by 3.19% in balances.
This is for investors with 100 Million to 1 Billion ADA tokens. Investors with 10,000 to 100,000 ADA have added 50 Million tokens to their wallets.
https://u.today/cardano-millionaire-whales-on-steady-buying-spree-as-ada-price-teases-next-move

tygeade

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Quote from: JamesDaniel90 on May 22, 2023, 06:07:13 AM

I am looking to add one more Crypto to my portfolio and thinking Cardano but wondering how high this can really go during the next bull run.

I am looking for a 10x minimum between now and bull run and the current price is £0.29 with a £10billion market cap - the chances of Cardano doing a 10x next bull run are likely right?

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

It's a bit bleak these days and I suggested that we should wait. I have seen the news and we discussed this with a few friends recently and we decided that we will get out for now. I am not saying it's a bad investment, I can't possibly know what's going to happen in the future, if I did then I would go find the winning lottery ticket and buy that one instead.

However, at the end of the day ADA looks like it's having a bit of a trouble and why would I want to invest into something that has a bit of a trouble within? It makes more sense to invest into something that will profit me a lot more. This is why we have decided to stay away from the ADA investments and instead we are investing into something that makes more sense, like bitcoin or ethereum.

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Quote from: barhavsky on July 07, 2023, 05:06:39 PM

yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.

Yes regardless I still see ADA as a potential coin,
for long term investment it looks like it will be profitable and the important thing is to be patient waiting for the right time to sell it,
let's hope that when the ADA bullrun will reach a new ATH and we'll see.

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Quote from: barhavsky on July 07, 2023, 05:06:39 PM

yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.

On every cycle, here comes that different new ATH on which surpassing the previous ATH which it is something that we do able to see in the market and comparing it on other coins
specially on top ranking ones on which they do able to break out their previous ATH. So far even ETH hadnt been able to break its 2021 ATh on which means that on this upcoming
cycle then we might be able to see difference. Although there's no assurance that it would happen but at least we arent that blind nor not really that too innocent on how this
market behaves. So far ADA is still really that good, they are still making updates and possible upgrades or whatsoever, it wont really be standing on the top ranks
if it was that a shit project after all.

barhavsky

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yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.

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