Is Cardano still a good investment? - page 9.

wheelz1200

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Quote from: JamesDaniel90 on May 22, 2023, 07:07:13 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.

If you don't know too much about it why would you think they could 10x BEFORE a bull run. Don't take anyone's advise here they are just gonna shill you a bag. Instead put your head down and start looking into it for yourself. Can you answer why do.you think it's likely to 10x when ypu don't know anything about it? Wierd comment

DeathAngel

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I think so, I still hold some. I’m not talking much, less than $1500 but I think it’s a good little hedge to have in a balanced portfolio. I predict it could hit $25 or something like that in 2025. I don’t expect any huge pumps imminently but it will definitely do well in 2024 & 2025.

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Quote from: JamesDaniel90 on May 22, 2023, 07:29:38 AM

Quote from: Shobhikhan_007 on May 22, 2023, 07:27:09 AM

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.

ARB and SUI are still new, you'll never know if by the next bull run they'll also be that high because, upon their launching, they're already high.

Quote from: JamesDaniel90 on May 22, 2023, 07:07:13 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.

Cardano(ADA) is still a rock on this market and what that means to me is like solid. But this is from a perspective without having a deep look on its roots and whatever is happening there already. It's just solid numbers looking at tracker websites like CMC. But if that's your basis of choosing it as it might multiply by 10x, no one knows.

Yatsan

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It is still a good investment; volume even if not as high as before, is still there. It just needs a hype and that is more likely once bulltrend happen probably on the next Bitcoin halving. Its market price still is following sudden pumps especially with Bitcoin so I guess that is an enough reason why it is considered as one of the good alternatives and also, not quite sure if there will be further improvements for the coin itself. But if this to just look for other crypto investments, the good ones I guess are APE and MAGIC. These tokens are usually having quite of large price increase and also moves faster than ither crypto market prices which for me is an easier way to make decision wether I'd be on short or long biased.

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Quote from: Xal0lex on May 22, 2023, 11:46:31 AM

10x? It is quite possible that ADA will make that kind of profit in the next bullrun if you buy this coin right now. 37 cents is not such a high price if you consider the bottom of 2022, but it bothers me that this coin hardly made any profit this year, even bitcoin and ETH grew 100% in the last six months, ADA is almost stagnating and has not brought any significant profit to its investors, although many altcoins managed to grow by hundreds of percent.

Yes. It's a burden for investors who still kept buying these days. I also have doubts about buying the token again.

The bottom of its price back in 2020 was $0.02 it must be rewarding still for those who bought at such a price and are still staking to this day. The price as of now ($0.36) was also the peak in the 2018 bull run. The token must be on the right track though. It could spike to more than 10x if it follows the same movement in the bull season.

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10x? It is quite possible that ADA will make that kind of profit in the next bullrun if you buy this coin right now. 37 cents is not such a high price if you consider the bottom of 2022, but it bothers me that this coin hardly made any profit this year, even bitcoin and ETH grew 100% in the last six months, ADA is almost stagnating and has not brought any significant profit to its investors, although many altcoins managed to grow by hundreds of percent.

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Quote from: JamesDaniel90 on May 22, 2023, 07:07:13 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.

We cant predict what direction cardano will go in the next bull run even though the coin have generated allot of hypes lately to the point that most investors have the coin on their top 5 and that is ok for them, but as for me personally i don't think the coin is at a stable position right now and that could possibly make the coin to become a high risk for those looking for potential long term stability since the next bull market is expected any moments.

Quote

I am looking for a 10x minimum between now and bull run and the current price 10 billion 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 currently top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

Expecting a 10 x minimum is kind of tough for Cardano and a couple of other coins but we may expect anything and x price movement is possible 10x moment sounds a little out of context and realities.

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The decision to get into any altcoin lay's in your hands because people might give you an insight about the project but at ends didn't up to what you expected, which might ends up losing hope of even regretting why you did follow some people over here. I have been hearing about this coin for long now but never picked interest to invest why because I have been reading some of the post over here talking about altcoin not the right choice of investment instead should venture into bitcoin investment. If you wanna buy and hold then you should be able to bear the risk associated with the coin maybe deep down me would suggest of buying ETH or BNB, ADA is a good choice but you should study it very carefully.

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Quote from: JamesDaniel90 on May 22, 2023, 07:07:13 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.

Cardano is not that bad, you can also consider some few other coins to complement it like Bitcoin, Ethereum, Polkadot, Litecoin and BNB, you will definitely have more reasons to earn better during the bullrun becau we are getting closer to that already, if you buy now and invest, hodl till the bullrun begin and things would have worked out beyond expectations.

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

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?

One about about bullrun is that we cannot predict the exact range limit it will go or how far it will reach, but what we normally work on is the new set on bitcoin all time high and this also makes every other cryptocurrencies move in the same pattern except for shitcoins.

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

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 can be among the top rated currencies but yet conduct your own personal research about the coin and know their current stand in the crypto market before investment, no one here will give you a guarantee on any coin or vouch for them because we are all on the same level of taking risk investing in them.

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Quote from: JamesDaniel90 on May 22, 2023, 07:29:38 AM

Quote from: Shobhikhan_007 on May 22, 2023, 07:27:09 AM

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.

JamesDaniel90

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Quote from: Shobhikhan_007 on May 22, 2023, 07:27:09 AM

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.

Shobhikhan_007

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Advice :- If you do not know what you are investing just keep away from it.

Instead of cardano just look at ARB, SUI, BNB

JamesDaniel90

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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.

Topic: Is Cardano still a good investment? - page 9. (Read 1435 times)