Is Cardano (ADA) a good coin to invest in it for long term?
Cardano was my favourite altcoin and i was got huge profit from Cardano on last year. now cardano price again dump too much for the bad market condition . so i think now is a another opportunity to invest on cardano and another coin like this. and if you can hold this coin long time then i believe you will able to get a good return but you must hold it long time.
Topic: Is it right time to invest in Cardano? - page 2. (Read 1069 times)
Is Cardano (ADA) a good coin to invest in it for long term?
Cardano was my favourite altcoin and i was got huge profit from Cardano on last year. now cardano price again dump too much for the bad market condition . so i think now is a another opportunity to invest on cardano and another coin like this. and if you can hold this coin long time then i believe you will able to get a good return but you must hold it long time.Yes it's true that at the previous halving of Cryptocurrency Cardano was also pass through in the good condition even then if we see now cardano is on top ten position in Cryptocurrencies on market cap . But now some more promising coins have come to the market. Polygon is one of these I think investing in polygon now is going to being more profit from cardano (ada)
Just don't forget to sell when it goes ATH because Cardano is a project that isn't really developed yet. They need more than another 5 years to probably fully developed and you look at thier roadmap where they planned to fork many times.
You can already see the pattern it made since the past bull run which could plunge to -80% every bear market. Most project on ADA is Defi as well. There ain't something worth it.
those who like this coin will of course answer "yes" because this coin is indeed very potential in the future. But if they don't go deep enough to study Cardona they won't understand that Cardona is really good in the long run. what i know about cardona, there are a lot of investors who are experts in prediction there, they seem to be taking long term for this project.
It is important that you do your own research, however, IMO, I consider Cardano to have potential especially as the team are working towards increasing its use case in the DeFi/DApp sector. According to the founder, Charles Hoskinson, the last year network upgrade, focused on enabling the Cardano blockchain to process smart contracts, self-executing agreements between buyers and sellers that have helped Ethereum dominate the DeFi sector. With increased use cases, Cardano have a good potential to grow (https://www.forbes.com/sites/ninabambysheva/2021/08/13/cardano-becomes-third-largest-cryptocurrency-overtaking-binance-coin-and-tether/?sh=3e9f84526f52).
Is Cardano (ADA) a good coin to invest in it for long term?
Well i see cardano is a good coin and i think holding it for long term is very good, it has a strong team and it is very popular right now so there is a possibility that cardano will rise in the future specially during bull season so go fot it. There is always a risk but i see cardano is low risk than investing in any other new altcoins that is newly develope, however you still need to do more research in crypto there is no assurance i loss in terra luna the thing that happen to terra luna is unpredictable it could happen to any coin in crypto be careful always for good. 
if you ask me. that's of course true. but for those who are not strong enough to hold it long term it will make them say this cardona is a bad coin. whereas Cardona is in great demand by high-end investors for those who want to keep it for the long term.
Carondan is one of the most reliable coins to invest in the current market. Cardano is moving slowly. However, they are constantly developing. It is believed that IOHK, along with the Cardano Foundation, may announce the Vasil upgrade to the Cardano mainnet today, September 22. Cardano Foundation has already completed preparations in this regard.
I think Cardano is good to invest in for long term, however, the development, IMO, is rather slow. As at last year there was a project launch aimed at facilitating the deployment of smart contracts on Cardano blockchain to facilitate DeFi which gave rise to a remarkable increase in the value of Cardano (https://www.forbes.com/sites/ninabambysheva/2021/08/13/cardano-becomes-third-largest-cryptocurrency-overtaking-binance-coin-and-tether/?sh=4633c1a26f52). However, I am yet to see improvement on the value of Cardano, though we cannot ignore the impact of the bear market. Cardano have number of quality attributes when compared to Ethereum. It is believed that deployment of smart contracts will boost the value of Cardano as it did for Ethereum.
Is Cardano (ADA) a good coin to invest in it for long term?
Of course, Cardano is a good coin for long-term investment. Because Cardano was developed with the concept of proof-of-stake blockchain. This concept is being run by Ethereum in light of the current energy crisis. In addition, Cardano has also developed smart contracts that generate multiple tokens in their blockchain, so this blockchain will always be active with higher transaction rates going forward. 
Is Cardano (ADA) a good coin to invest in it for long term?
right, now cardano is important to collect in your wallet. besides cardano, I think Solana and Matic are the right choice if you are sure that you invest. I'm holding it myself for now
I believe that coins that already have names and are highly ranked in the coin marketcap can all be used as long-term investments. ask yourself, can you afford to invest long term, Cardona is a good project, but some people have different opinions. You should research it yourself to get a more definite decision.
Cardano is one of the altcoins that has been in the crypto market for quite a while, so to invest in the coin is the right choice for now, although the market situation is not completely stable but investing in the long term is the best way, and the team managing the project is currently trying to develop the cardano coin so that the price increase can be realized when the bear market ends.
It has been over 5 years right? I remember during the last 2017 bull run they were around there, I mean they weren't really "huge" just yet, but they were known and that was a good period for all coins to do ICO and then grow big.I never invested into ICO's because I do not believe in paying someone to make a coin, if you want to make a coin then just do it, don't ask me money to build it, only after they already built it then I would be able to buy it. But even back then ADA looked so great that I was really close to buying it, because they are actually working on it unlike most other projects, and really working on it, means that it will go up for sure.
Cardano (ADA) If you decide to invest in this token for the long term, then you must have done something right. If you look at the current time, you can see that the market is in a very bad state. In other words, for this you can buy all coins or tokens at a reduced price. Let me tell you one thing, thinking about this period you can invest on the following coins as long term.
One last thing you want to invest on the coin or token you like the coinBecause it is good to invest in your own knowledge and play loss.
- Matic
- Solona
- BNB
- Dot
- Xrp
One last thing you want to invest on the coin or token you like the coinBecause it is good to invest in your own knowledge and play loss.
ADA CARDANO. is a good altcoin in my opinion very suitable for long term investment and I think now is the right time to buy and keep, ADA CARDANO. to make a long term investment. and now the price is still cheap so now is the right time to buy ADA CARDANO. and now I see big investors have started buying ADA CARDANO. because now the price is starting to rise gradually.
Quote
Quote
Is Cardano (ADA) a good coin to invest in it for long term?
Yes, it is a good coin to invest in for the long term. If the price is still at a lower price, you can buy many amounts, hold it, and not touch it before the price increases. At least, that is what I did before, and I sold it at the highest price the last year. With the price now being down a lot, I already bought some more and still hold them until now. The price is still good, so you can do DCA and start buying from the current price. While waiting for the price increase, you can also stake ADA on Binance.I think, those that bought Cardano and hold for long term in the community really made a huge amount of money few years ago that made many people to have interest on Cardano investment. Since the price of Cardano has decreased to the level were poor people can buy as many Cardano they want in this bearish season and hold until bullish season appear in the market before they can sell to make a good profits. Cardano price will definitely increase higher for those that invested on it few months ago to start preparing how to earn well from their investments.
With this month's hard fork, buying Cardano for now would be great as it increases throughput on the Cardano blockchain and boosts development of smart contracts and decentralized applications (dApps) so many predict that this update will change a lot of performance on their network, so decided to holding Cardano is indeed a very appropriate move for now, especially for the long term because the market is currently experiencing a bear market.
No doubt again that Cardano is great and convincing network, migration to coin and own network makes us worthy to make Cardano a long term asset, now is a good time because prices are cheap, I'm sure in 2 or 3 years Cardano price can reach 2 digits or more than $10 .
Cardano continues to grow and now has its own network that is proven to be faster and cheaper, many developers who divert projects to Cardano and I'm sure the price of Cardano will soon explode, this year I am optimistic that it can reach $ 1.
With the Vasil Hard Fork upgrade scheduled for late September, the ADA blockchain will improve transaction fees and processing speeds, and help ADA increase the scalability of decentralized applications. I don't know if ADA will explode or not, but if the upgrade is successful, it will more or less impact the price of ADA. ADA is the 8th project of CMC so it is one of the long-term investment worth projects, we are going through a bearish cycle so buying ADA now is very good if you want to invest in ADA.
I'm not been a big fan of Cardano since its existence, either way, I wouldn't because of the bitter taste I got for it call it a bad project. Of course, it network might have been disappointed in the past but that doesn't necessarily mean it wouldn't do better in the nearest future. After all, so many upgrades have happened since it last dissatisfies. So I think the time is now to invest in it
That means Cardano has improved development, they were not very good in previous years, but now development has brought them to better coins, personally I have not invested in Cardano, but there seems to be interest and start learning to find out this coin, due to market conditions and the ongoing reaction, it's a bit difficult to get into it, so it can't be as fast as expected? Jump to: