Is Cardano still a good investment? - page 5.

Psynthax

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Quote from: Romeotom on June 24, 2023, 12:10:25 PM

Yes cardano like a good investment because they have lot of volume with larger investors community. Just a one bull waiting then cardano price will rising more in my opinion. Anyway new technology lot of good effect for a old project so if they have then they will long run.

I think when it comes to investing in relatively more established coin we should also be looking
at their performance based on past chart, though this coin was favoured by many it stuck for so long already that I doubt its gonna be that great in the future.

JamesDaniel90

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Update - I decided to sell my Cardano for XRP for 25% profit.

I feel XRP is only weeks/months away from winning the lawsuit so want a few thousand XRP for when they do as it will pump when they win.

If Cardano falls below $0.25 again then I will buy more then.

bittraffic

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Quote from: doomloop on June 24, 2023, 12:44:39 PM

Quote from: JamesDaniel90 on June 19, 2023, 05:18:54 AM

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower Huh

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Good for you mate. That 600 Cardano was a good start but if you truly believe on the project then you need to add more in your bags. For now, you can try to wait and see if it falls down, since the bull run seems to be delayed again. BTC has fell from $27k and it was expected that other coins can follow. That is because the SEC are still hot with the cryptos and companies that surrounds it.

There is no way to predict if you much profit we will get so don't say that you can get an easy 15x as that sounds easy for you to say it. Maybe you need to lower that expectation of yours first for a coin which are being dormant for a very long time. Anyways good luck in your Cardano investment journey.

It appears he already profited in a short period of time. One that is very troubling for this Cardano this time is that after awhile of seeing the project grow. the prices still plummets that low, unlike the SOL or AVAX. This project will be some kind of pump and dump like those 2017 projects.

It's still not like ETH where there are users using the token to invest in projects while today after 5 years ADA has more things to prove. But Hoskinson is chasing Aliens Grin

doomloop

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Quote from: JamesDaniel90 on June 19, 2023, 05:18:54 AM

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower Huh

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Good for you mate. That 600 Cardano was a good start but if you truly believe on the project then you need to add more in your bags. For now, you can try to wait and see if it falls down, since the bull run seems to be delayed again. BTC has fell from $27k and it was expected that other coins can follow. That is because the SEC are still hot with the cryptos and companies that surrounds it.

There is no way to predict if you much profit we will get so don't say that you can get an easy 15x as that sounds easy for you to say it. Maybe you need to lower that expectation of yours first for a coin which are being dormant for a very long time. Anyways good luck in your Cardano investment journey.

monineklutak

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Cardano still ranks 7th according to coinmarketcap, of course ADA is still very suitable to be a future investment asset,
moreover, ADA's price is still relatively cheap and you can buy ADA at the current price and then hold it, then you will get x2 profit in the future.
don't worry about the development of the Cardano project, even though this year ADA hasn't shown good progress and even looks quiet, but I'm sure ADA will surprise us.

Romeotom

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Yes cardano like a good investment because they have lot of volume with larger investors community. Just a one bull waiting then cardano price will rising more in my opinion. Anyway new technology lot of good effect for a old project so if they have then they will long run.

LoganSibley

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Cardano and project like Cardano for example NeonLink is always deserve your attention that's for sure!
We can see how popular this project is and how powerful the tech part
No matter what I think there will be a huge opportunity for web3

JamesDaniel90

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Quote from: fzkto on June 19, 2023, 10:52:42 AM

Quote from: JamesDaniel90 on June 19, 2023, 05:18:54 AM

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower Huh

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Why did you choose cardano as an investment? I don't understand what they offer that other projects don't have. It seems to me that it is a dead project that has not done anything worthwhile in such a long time of development. It will take some time and it will be replaced by another newer project. I don't see the point in investing in old projects now. It's better to just save up money to buy something new a little later.

Because I have been in crypto 18 months now and a lot of people have been banging on about it and it never interested me but due to the crash thought it was worth an investment.

If it crashes further will buy more if not will just hold

fzkto

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Quote from: JamesDaniel90 on June 19, 2023, 05:18:54 AM

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower Huh

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Why did you choose cardano as an investment? I don't understand what they offer that other projects don't have. It seems to me that it is a dead project that has not done anything worthwhile in such a long time of development. It will take some time and it will be replaced by another newer project. I don't see the point in investing in old projects now. It's better to just save up money to buy something new a little later.

Doan9269

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Quote from: JamesDaniel90 on June 19, 2023, 05:18:54 AM

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

The market is bearish already and now is still a good time to set in for any aspiring cryptocurrency to invest and hold, this is most common to other cryptocurrencies that they all seems to move on the same terrain but with just some slight differences, we are still in the bear season.

Quote from: JamesDaniel90 on June 19, 2023, 05:18:54 AM

I am debating if I should buy another 600 soon or wait to see if we fall lower Huh

There's more possibilities that the market will get more dip anytime soon and also rises since the volatility will increases the more as we are getting more closer to the bullrun, why not buy nore or diversify to hodl more other cryptocurrencies to increase your profitability chances and opportunities.

Quote from: JamesDaniel90 on June 19, 2023, 05:18:54 AM

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Expect it more than that or a little more lower to this but there's more hope that things will go higher than being anticipated for

JamesDaniel90

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I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower Huh

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

mich

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Well I do think it is now risky to invest in any alt coin. We just do not know when this losing of profits will end. It will happen we know this just when is the question to ask ourself.

If I am going to invest in a alt coin, it would be Cardano. It is much cheaper now and in last bull run of 202-2021 ADA has 16,000% gains. That is more then BTC 2,100% gains and ETH 6,000% gains.

bitterguy28

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Quote from: TastyChillySauce00 on June 12, 2023, 10:49:45 AM

https://www.coindesk.com/business/2023/06/12/cardano-developer-iog-restructures-to-venture-studio-model-lays-off-some-staff/

Well done ADA. It seems like that this company has been turning into the small scale company. Who the fuck keep trust this garbage blockchain? So, billions of money wasted for nothing.

ADA is dead man. It tell you the truth. The company was starting to lay off caused by this is a non profit busines model. Waiting for another lay offs to come soon.

How I wish that many who tend to support Cardano will leave ASAP or they will be burned down together , just like what you said this has been a dead project and yes there are billions of dollars that already wasted and lets not add those who losses.
when we can survive investing in real and worth trusting one like Bitcoin or atleast Ethereum .

beerlover

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Quote from: TastyChillySauce00 on June 12, 2023, 10:49:45 AM

https://www.coindesk.com/business/2023/06/12/cardano-developer-iog-restructures-to-venture-studio-model-lays-off-some-staff/

Well done ADA. It seems like that this company has been turning into the small scale company. Who the fuck keep trust this garbage blockchain? So, billions of money wasted for nothing.

ADA is dead man. It tell you the truth. The company was starting to lay off caused by this is a non profit busines model. Waiting for another lay offs to come soon.

They were always a small scale company, they always looked at this as a startup, and that's the entire problem with the system. If they are a company, who keeps it afloat? How do they pay for the bills and the salaries? They are paying it with either by selling their own coin ADA and making it drop, or you are paying it by donating to them.

In the end, this would not work for too long and that's why it shouldn't have even be considered a good one, any project that has a company or a startup or a team of people behind it will require money, they need to live somehow, what are they going to eat. This is why I believe that we shouldn't really be investing in any of them, they can't scale too big and when they get close to it, they will burn out.

TastyChillySauce00

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https://www.coindesk.com/business/2023/06/12/cardano-developer-iog-restructures-to-venture-studio-model-lays-off-some-staff/

Well done ADA. It seems like that this company has been turning into the small scale company. Who the fuck keep trust this garbage blockchain? So, billions of money wasted for nothing.

ADA is dead man. It tell you the truth. The company was starting to lay off caused by this is a non profit busines model. Waiting for another lay offs to come soon.

raidarksword

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ADA will still be all worth to go venture with especially with the market we have right now that everything went down due to many fuds created by sec. Despite all that, ADA still sitting at top rank on CMC which makes still worth to invest with which remains a choice from major investors out here.

SaveOurSea

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Cardano still has the potential for at least x2 in the next bullish season,
but we as investors don't be too greedy if you already get a profit,
because we know that Cardano has tough competition with other altcoins that are both building technology.

Lagduf

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Since ada was launching its smartcontract and where the fuck projects that announced to release their smartcontract on ADA? I never heard them all anymore. ADA's smartcontract was disappearing like nobody care about that.

People are still putting their money in this shit. Sad

ningrum

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Quote from: huu78 on June 06, 2023, 06:48:23 AM

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.

I think it will be very difficult to make a top 10 cmc, giving 10x the profit especially in a short time, but if you want to take profits and not be too risky it is an option worth considering.

Cardano is one of the top 10 altcoins which in terms of market cap Cardano has a large market cap,
so pumping 10x in the short term will certainly be difficult because ADA is not a pump and dump coin,

but for the long term ADA still has great potential to increase 10x or even 20x,
it's just that the Bitcoin marketcap has to get bigger again from now on.

bitkanu

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Quote from: judaspriest on June 06, 2023, 06:57:00 AM

Quote from: Teraboy on June 05, 2023, 06:05:17 PM

i just don't think that coins like ada will thrive anymore, with the presence of some L2 that have better usage honestly, all we need actually are just some layer 2 for ethereum in containing some of dapps that requires massive amount of transaction executions like blockchain games, with L2 it's easily solved, and moreover these L2 are also uses ETH for their fee, they are just better honestly.

Just trust the developers from Cardano, if you trust them they will pay for that trust to come to you,
even though many Layer 2 projects have been born in crypto currency projects, they still haven't been able to beat ADA,
it's clear that ADA's market cap is still in the top 10 and that's the answer that Cardano is still very worthy of investment.

well isn't the fact that they are already ranked so high means that they probably will not give that much profit in the long runs? maybe its potential already drained, which means it's better to invest in new coins altogether.

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