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Topic: Is Cardano still a good investment? - page 7. (Read 1445 times)

full member
Activity: 322
Merit: 113
Sinbad Mixer: Mix Your BTC Quickly
May 30, 2023, 02:22:55 PM
#53
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.
hero member
Activity: 2856
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Leading Crypto Sports Betting & Casino Platform
May 30, 2023, 09:45:22 AM
#52
I still have my cardano in holding  and not planning about selling any time soon , but adding more? nope I am not interested because there are so much to consider , factors and speculative .
and indeed that I am not trusting this to be an investment soon .

you have a valid point mate , but be careful still .
Maybe some investors still want to buy more Cardano because they feel Cardano is one of the hidden gems they are looking for. If you're not interested, that's fine too. The important thing is we can find more info before investing in any coin and still be careful, as you said.

I still own Cardano and have no plans to sell it, especially in the unstable market. It is possible that later there will be a large-scale movement from Cardano so that the price can increase.
legendary
Activity: 1666
Merit: 2204
Crypto Swap Exchange
May 30, 2023, 09:40:26 AM
#51
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'm indifferent to Cardano. I really think other chains are better investments at this point. Cardano already mooned and it has obsolete technology compared to Solana, Q Blockchain, and UTNP.

I don't know about all of those coins you referenced, but generally agree that Cardano technology wise is somewhat outdated. I still consider it to be "vapour-ware" as they say.

Ultimately it's been around for over 5 years and still struggles to become a popular or a high-usage blockchain as far as I can tell. Also while it made new highs against the dollar in 2021, it notably failed to do so against Bitcoin, which leads me to believe it will simply become a coin to trade (from the lows to the highs and visa versa), as opposed to any form of long-term investment. In that sense, 2021 was the time for Cardano to prove how far it has come as a blockchain, and how much it has developed, but compared to other L1 blockchains it really failed to impress it's investors and users.

It's still a Top 10 coin, I'll give it that, but I still remember when it was ranked higher in 2017. I wouldn't be surprised to see this coin struggling to stay in the Top 20 within a year or so. Much like Tron and Neo that used to be Top 10 in 2017 and have been struggling ever since to keep up with the fast developing market. It'd definitely a coin I'd consider trading for more satoshis in the near future though!
sr. member
Activity: 1358
Merit: 268
Graphic & Motion Designer
May 30, 2023, 08:59:25 AM
#50
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
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
May 30, 2023, 01:49:05 AM
#49
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/
hero member
Activity: 2282
Merit: 505
May 29, 2023, 06:32:53 PM
#48
it's still good investment, i think the thing with ada, solana and even matic are that they are waiting for bullruns for them to go up, so it requires patient investing in any of them right now.
after all, the money going to meme coins currently.
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
May 29, 2023, 05:30:46 AM
#47
I still have my cardano in holding  and not planning about selling any time soon , but adding more? nope I am not interested because there are so much to consider , factors and speculative .
and indeed that I am not trusting this to be an investment soon .
With Cardano's current price below $1, I think it could still be a consideration to make Cardano an additional investment besides Bitcoin. But you must determine when you buy it because amid ups and downs in this market, finding time to buy won't be easy. But with your analysis, you should be able to buy at a low price and hold or even do DCA. And Cardano is currently still in seventh position so there is a possibility that the price can increase and provide additional benefits for you. But be careful if you want to buy Cardano and make sure to buy it when the market is experiencing a correction because you can buy it at a low price.
you have a valid point mate , but be careful still .
hero member
Activity: 2856
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Leading Crypto Sports Betting & Casino Platform
May 29, 2023, 04:52:40 AM
#46
With Cardano's current price below $1, I think it could still be a consideration to make Cardano an additional investment besides Bitcoin. But you must determine when you buy it because amid ups and downs in this market, finding time to buy won't be easy. But with your analysis, you should be able to buy at a low price and hold or even do DCA. And Cardano is currently still in seventh position so there is a possibility that the price can increase and provide additional benefits for you. But be careful if you want to buy Cardano and make sure to buy it when the market is experiencing a correction because you can buy it at a low price.
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
May 29, 2023, 04:13:19 AM
#45
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.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
May 29, 2023, 02:43:20 AM
#44
Yes I do still think ADA is a good investment. In just last week we saw a 91% rise in DEX volume. So I think investors are still 'bullish.'  I also like it has a stable coin, Djed.

In a new video Charles Hoskinson explains how ADA will solve AI problems. https://www.youtube.com/watch?v=YIH6t0meOCg
full member
Activity: 1064
Merit: 101
May 29, 2023, 02:40:04 AM
#43
As long as Top 10 on coinmarketcap/coingecko which is still worth it to have it, but you should know CEO ADA coin not interested for increase of coin price, he is just focus for development their ecosystem, Project DevelopmentThe CEO's primary focus is likely on overseeing the development and advancement of the Cardano blockchain. This involves implementing technical improvements, enhancing scalability, improving governance mechanisms, and fostering partnerships to increase the overall value and utility of the Cardano ecosystem. So never expect Cardano price will be the same like 1 year ago
Yes, those on the top 10 are worth investing but we also have to consider their market performance and as we can see Cardano isn't that looking good. There are several coins that are not on the top 10 coins that are even performing so well which I think it was worth rather than choosing this project. What I mean is that Cardano is not the best coin that we are looking for if we wanted to earn a good profit unless the developer will tried to show more improvements of the project in order to look even better and usable in the crypto space.
So far it can be said that Cardano hasn't seen any extraordinary developments and I'm waiting for that,
Aptos I think it's a good project although it's not in the top ranking,
Of course, do your research before investing.
hero member
Activity: 2744
Merit: 517
★Bitvest.io★ Play Plinko or Invest!
May 29, 2023, 02:06:18 AM
#42
As long as Top 10 on coinmarketcap/coingecko which is still worth it to have it, but you should know CEO ADA coin not interested for increase of coin price, he is just focus for development their ecosystem, Project DevelopmentThe CEO's primary focus is likely on overseeing the development and advancement of the Cardano blockchain. This involves implementing technical improvements, enhancing scalability, improving governance mechanisms, and fostering partnerships to increase the overall value and utility of the Cardano ecosystem. So never expect Cardano price will be the same like 1 year ago
Yes, those on the top 10 are worth investing but we also have to consider their market performance and as we can see Cardano isn't that looking good. There are several coins that are not on the top 10 coins that are even performing so well which I think it was worth rather than choosing this project. What I mean is that Cardano is not the best coin that we are looking for if we wanted to earn a good profit unless the developer will tried to show more improvements of the project in order to look even better and usable in the crypto space.
jr. member
Activity: 840
Merit: 6
May 29, 2023, 01:03:54 AM
#41
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'm indifferent to Cardano. I really think other chains are better investments at this point. Cardano already mooned and it has obsolete technology compared to Solana, Q Blockchain, and UTNP.
full member
Activity: 672
Merit: 100
May 26, 2023, 12:16:02 PM
#40
As long as Top 10 on coinmarketcap/coingecko which is still worth it to have it, but you should know CEO ADA coin not interested for increase of coin price, he is just focus for development their ecosystem, Project DevelopmentThe CEO's primary focus is likely on overseeing the development and advancement of the Cardano blockchain. This involves implementing technical improvements, enhancing scalability, improving governance mechanisms, and fostering partnerships to increase the overall value and utility of the Cardano ecosystem. So never expect Cardano price will be the same like 1 year ago
full member
Activity: 1386
Merit: 101
ComboLabs
May 26, 2023, 10:29:20 AM
#39
if ADA is still in the top 10 position on coinmarketcap, then in my opinion ADA is still very good for investment, because many people still hold ADA for the long term, so many people believe that ADA prices can increase very high in the future, therefore I'm sure if ADA is still good for investment and can give you a big profits if you buy ADA at this time and hold ADA for the long term.
the ADA resistance price is at $ 1, if $ 1 is passed I believe ADA will be bullish again,
unfortunately for now the ADA price is still below $ 0.5 and most likely it will still consolidate there,
$ 0.3 is a good time to buy ADA and hold for 2024-2025.
full member
Activity: 1048
Merit: 102
May 26, 2023, 07:12:32 AM
#38
if ADA is still in the top 10 position on coinmarketcap, then in my opinion ADA is still very good for investment, because many people still hold ADA for the long term, so many people believe that ADA prices can increase very high in the future, therefore I'm sure if ADA is still good for investment and can give you a big profits if you buy ADA at this time and hold ADA for the long term.
Talking about ADA I think it is one of the potential coins which for long term investment it is a good choice,
but again everyone has their own decision,
Obviously ADA can be a great option for long term investment and is in the top 10 coins on Coinmarketcap.
sr. member
Activity: 2436
Merit: 324
May 25, 2023, 07:36:01 PM
#37
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.
Ive been bagholding some ADA and even this might be an old coin already or had already pumped up but i do still believe into its potential plus updates and news arent
really that idle either. How about to look up these things?

Cardano (ADA) and RenQ Finance (RENQ) backed by experts to be the top 2 tokens of the year
Cardano vs XRP: Which Cryptocurrency Will Reach $1 in 2023?

These are articles on which it would really be giving out that kind of thought that ADA could still have that steam on this upcoming Bull run. Well, everything cant really
be that predicted but at least bag holding it while its still cheap isnt really that a bad idea.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
May 25, 2023, 10:22:00 AM
#36
if ADA is still in the top 10 position on coinmarketcap, then in my opinion ADA is still very good for investment, because many people still hold ADA for the long term, so many people believe that ADA prices can increase very high in the future, therefore I'm sure if ADA is still good for investment and can give you a big profits if you buy ADA at this time and hold ADA for the long term.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
May 25, 2023, 10:18:02 AM
#35
No chance for ada to go to the 10x marketcap from here. it's too good to be true my friend. Just telling you about the fact that if ada will not increase even further. You can put your target in ATH of ada. I tell you the truth

The daily volume trade from ada has been decreasing so hard to the bottom. I see no chance for ada to go to the moon without bitcoin pump.

Bitcoin must be pumped 5x from the current price to make your prediction come true.  Cheesy
Even though ADA was once a good coin but indeed its better to be real and accept the fact that it may not be the same coin that we know. With that said, he may lower his expectations or better if he disregard the coin and switch to a much better one. There are still lots of them. The poor performance of ADA made more people tuned off and that badly affected its trading volume.

Even if bitcoin pumps hard I am not sure if ADA will be dragged away. The positive effect of BTC are only exclusive for those coins who are also performing well even though it wasn't consistent but as long as they are not in a deep sleep like what ADA is showing.
sr. member
Activity: 2002
Merit: 250
May 25, 2023, 04:03:41 AM
#34
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.
Cardano is a good choice but surely no one can know how high the price to increase in bullrun season. It is impossible, dude! Everyone just makes their own predictions related to the potential rise of the price.
But if you are looking for around high ROI, like what OP said they are expecting around 10x or more. I think it's much better to find a good gem that is still 'new'.
We all know that Cardano is already since before.
Cardano got good technology which is proof-of-stake and they have a team which are experienced engineers and they are know what they are doing.
Surely a lot of people also want that which is to find new gems,
but it's not an easy matter and it takes time for sure because to do research,
and when talking about Cardano I think we all know that it is one of the potential coins.
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