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Topic: Is Cardano still a good investment? - page 6. (Read 1445 times)

full member
Activity: 928
Merit: 101
June 07, 2023, 01:48:17 PM
#73
While the current price of ADA may be significantly lower than the ATH  level, past performance does not guarantee future results. But I still see the potential for ADA to come back and hit a new ATH. Recently, I have also seen a lot of good news regarding coins. Moreover, the transaction volume on this blockchain has also increased significantly. Therefore, this is also a good choice on the investment list. You can also refer to ARB and SUI. I think these two coins will have explosive growth in the next cycle.
newbie
Activity: 20
Merit: 0
June 07, 2023, 12:08:54 PM
#72
If you're looking for projects like Cardano you should pay your attention to NeonLink, I think those guys have a huge potential
If Cardano is not the best way, then there is an opportunity to find new, fresh project
DYOR
full member
Activity: 854
Merit: 100
The OGz Club
June 07, 2023, 10:45:54 AM
#71
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.
full member
Activity: 1330
Merit: 100
C O M B O
June 06, 2023, 07:57:00 AM
#70
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.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
June 06, 2023, 07:48:23 AM
#69
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.
sr. member
Activity: 1526
Merit: 251
June 06, 2023, 07:45:59 AM
#68
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.
you don't have to ask here if you trust this coin but since you come here to ask meaning you are not that trusting Cardano ADA?
then why need to focus adding this when there are other coins that can bring you safe income for the holding?
or maybe best to add More on Bitcoin mate.

Diversification is a common strategy in investing. By spreading your investments across different assets, including cryptocurrencies, you can potentially reduce risk and take advantage of various market opportunities. Bitcoin (BTC) is the largest and most well-known cryptocurrency, and it has historically shown significant growth and potential as a long-term investment. However, no investment is guaranteed, and it's essential to evaluate the potential risks and rewards of each investment opportunity.
that why we need to spread our investment.
hero member
Activity: 2282
Merit: 505
June 05, 2023, 07:05:17 PM
#67
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.
sr. member
Activity: 1428
Merit: 436
duelbits.com
June 05, 2023, 05:27:16 PM
#66
When we enter bull cycle in 2021 i though cardano will made it, and now after i saw their price does not even got any better in 2021. Now there are a lot of better technology in term of smart contract coin. A lot of New powerfull L1 network like avax, solana, polygon, etc... cardano will never beat them. Also there are a lot of eth solution / L2.
Cardano made its ATH in 2021, it was in the altcoins season (bullrun phase). We are now still in the bearish season, it makes sense if Cardano price can't be as well as in 2021. You must wait for the next altcoins season to see a better price of Cardano. The next altcoins season probably happens in 2024-2025, so we must wait for 1-2 years. Anyway, Cardano doesn't need to beat other crypto projects to have a better price. As long as Cardano teams improve the projects, there will be always hope for a better value of Cardano price in the future.

legendary
Activity: 2212
Merit: 1014
June 05, 2023, 05:08:56 PM
#65
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.

many investors will likely be very disappointed with some top altcoin, better for you to make only x 3 with btc but secure money
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
June 04, 2023, 08:51:05 PM
#64
Yes, The reason why i like this coin because the dev and community is so active, has fundamentals and new developments coming all the time. One alt definitely worth buying, at these levels.

then why staying in this position ?
https://coinmarketcap.com/currencies/cardano/

if the activity of the admin and team is the basis of good coin then all shitcoins must be on top now?

what I see in Cardano is that it is being used as tools for something only the dev and the team will prosper .

Cardano (ADA) is top #7 ranked coin according to Coinmarketcap, so it’s can't be considering a bad coin. It’s bearish market so mostly altcoins are very low price, i think you can include it in your portfolio. It’s ATH was 3$+, it’s difficult to predict it will reach 10x or not in the next bull run, but i hope it will hit 2x-3x.
remember that even ripple and Litecoin are once ranked 3 mate but look at them now.
hero member
Activity: 1232
Merit: 502
June 04, 2023, 12:24:04 PM
#63
When we enter bull cycle in 2021 i though cardano will made it, and now after i saw their price does not even got any better in 2021. Now there are a lot of better technology in term of smart contract coin. A lot of New powerfull L1 network like avax, solana, polygon, etc... cardano will never beat them. Also there are a lot of eth solution / L2.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
June 04, 2023, 11:29:16 AM
#62
too many newer coins with etter potential released nowadays that I think the potential that ada have in term of for investment is inferior nowadays.
i think ada isn't really good for investment anymore unlike when its first appearance.
full member
Activity: 854
Merit: 100
June 04, 2023, 12:48:47 AM
#61
Yes, The reason why i like this coin because the dev and community is so active, has fundamentals and new developments coming all the time. One alt definitely worth buying, at these levels.
sr. member
Activity: 2128
Merit: 259
Vave.com - Crypto Casino
May 31, 2023, 10:39:22 AM
#60
Cardano (ADA) is top #7 ranked coin according to Coinmarketcap, so it’s can't be considering a bad coin. It’s bearish market so mostly altcoins are very low price, i think you can include it in your portfolio. It’s ATH was 3$+, it’s difficult to predict it will reach 10x or not in the next bull run, but i hope it will hit 2x-3x.
full member
Activity: 910
Merit: 100
May 31, 2023, 02:37:23 AM
#59
Cardano's all time high is at $3 and currently the ADA price is trading at $0.3 and yes it's still under $0.5 then we are still hesitating to enter ADA?,
take a look at this project what they are doing is really amazing, you can check out Github from the Cardano team and they are very active,
if you ask is ADA worth for investment? obviously the answer is very Worth it!.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
May 31, 2023, 12:44:43 AM
#58
Cardano has now launched its smart contract platform called Marlowe.  https://marlowe.iohk.io/

There are so many new things going on in Cardano. It is still a good investment for someone who wants to add to his portfolio. https://www.youtube.com/watch?v=Lq2tmN7p_D4
hero member
Activity: 2870
Merit: 612
May 30, 2023, 09:44:35 PM
#57
Well now Cardano is going into the meme ways. Did you hear about new meme coin called $Snek it was launched 15 days ago?

It has gained 425% in just these 2 weeks after the launch. And 72% in just past week.  Its marketcap went from $275k to now marketcap of $61.6 Million. I think this is 'bullish' news for Cardano and makes it still good investment.

https://tokenist.com/cardano-has-a-meme-coin-now-and-its-up-425-over-two-weeks/

So much hype about this meme lately that I checked it yesterday, it grows more than 35%. I think this is the best meme for now that is worth about 0.001$ none of the memes that is worth that much as of now but doge.

But the community forgot that the first meme that is most popular according to the community itself was the HOSKY token. Its unclear why Snek suddenly fly but its making Cardano popular.
member
Activity: 391
Merit: 13
Sugars.zone | DatingFi - Earn for Posting
May 30, 2023, 09:15:07 PM
#56
Advice :- If you do not know what you are investing just keep away from it.



Instead of cardano just look at ARB, SUI, BNB

Never heard of them so will stay clear of them too.

Well I know BNB but not a fan.
Cardano is an old coin that hasn't done anything serious since its creation. It has strong patrons behind it, roughly like Ripple. If you want to make life better for the people who are developing Cardano, you can invest in this project. But I am not sure that you will get good profits, because the coin has made huge growth in the past, and now it is time for it to be trashed, as it has been repeatedly with similar projects such as eos or xem.
I partially agree with this answer, but I have add opinion. While it's true that Cardano has been around for a while and has strong patrons behind it, I wouldn't dismiss its potential for growth in the next bull run. The Cardano project has been making progress in its development, and it has a solid research-driven approach. However, predicting a 10x growth is always uncertain in the volatile crypto market. It's essential to do thorough research and consider the risks before making any investment decisions.


full member
Activity: 854
Merit: 100
The OGz Club
May 30, 2023, 03:37:03 PM
#55
If you ask whether Cardano is still a good investment, then I think it's still good investment, but if your question is whether Cardano will jump ten times when the bull run came, then I think it will not. With the current situation of Crypto I doubt any top 20 or even top 100 coin will go 10x even when there is a bull run, more over no one knows when or if the bull-run is actually happen
but Cardano is still very feasible for long-term investment,
because Cardano's price is still below $0.5 which is a very low price compared to what they built,
I'm still sure I can reach at least 5x on Cardano when it's bullish.
legendary
Activity: 1064
Merit: 1228
May 30, 2023, 02:36:02 PM
#54
Cardano is not looking worthy now as many other chains are doing better than this. Most people were expecting very big from cardano and was favourite coin if 2021 but it's disappointed it's community and investors and people are still just waiting for good news and nothing real are happening while other new projects Sui and Aptos become famous very well amongst community. I think we should not invest new Fund in it, if someone already buy then just hold it.
ADA is not one of the altcoin I would be most interested if I plan to diversify the assets in my investment portfolio. But perhaps, the OP could have done it in small rather than larger amount than I was expecting. This is purely speculative - but if the bitcoin bullrun is able to drive ADA interest and trading volume, then holders might get 3-4x return on their investment. Who knows - this is speculation based on an analysis of the ADA on the market.
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