Is it right time to invest in Cardano? - page 3.

justdimin

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Quote from: maydna on September 02, 2022, 06:34:00 AM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

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 would say that it depends on what the team is planning on for the future and what the other project creators think about it as well. Remember BNB had the smart contract BEP20 way way later than Tron ever did, but Tron never went against ETH and won, they always lost and we are talking about a situation where it is looking like BSC is either winning or at least hurting ETH when it matters.

So in the end, ADA could be like BSC or it could be like TRX, we do not know which one it will be like. If they can build something amazing and attract many projects under their chain then it would be a high price coin for sure, if it fails to do that then it is going to be a bit of a tough deal for them to go up.

Bollexz1

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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

Wakate

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Quote from: adzino on September 02, 2022, 12:40:10 AM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

It is a good long term investment and right now a good short term investment too. There is an upcoming upgrade to the network, the Vasil hard fork which is going to take place this September (hopefully). People are hoping for a price boost and people will FOMO into it. So invest if you can now, hold, wait for the fork, and after few days, you can sell and take your profit because very highly likely the price will drop after the fork takes place as more and more people will start cashing their profits.

For long term, yes it is still good. Invest and stake your coins for passive rewards.

The price is still very affordable for everyone that are looking for good project to invest in. Cardano is a good project and the team had been doing a good job in making it a more reliable when it comes to investing and I am very sure that buying and holding it for long would be very profitable for all now that the crypto market is down and everybody is taking the opportunity to invest in strong project that could be yield better returns. Let wait how the market is going to go from now to the end of this year.

BuNga_cute

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Quote from: Morningstarr on September 02, 2022, 10:49:45 AM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Now is the perfect time to invest in any coin or altcoin that is in the top 10 be it Cardano, Dot or Matic. If we remove Dodge from the list, it will be better. As far as ADA is concerned, it is fundamentally a very strong project and its team is also excellent, So ADA is the best for investment in both the long and short term.
DYOR and Don't put all your eggs in one basket.

As you said, it is true that now is the best time to buy coins, because the bear market makes all the prices of coins decrease. But of course not all coins
are worth buying, choose potential coins, so that we can generate profits in the future. It's safer if we focus on investing in top coins, because Cardano is
one of the top coins, so don't hesitate to buy Cardano now. Even Cardano for me is one of the favorite projects in the crypto world, so I've started
collecting Cardano since the bear market happened. As you said Cardano is good for short-term or long-term investments, so investing in Cardano is
indeed profitable. The most important thing is to invest wisely by always using the extra money we have, and as you said do not spend our capital
to invest in just one coin. We have to diversify our investments, so in addition to reducing risk, the profit we generate will be much more optimal.

Ziskinberg

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Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Cardano is one of the most promising projects in the market and is good for investment. However, as we are aiming for a long-term investment, it is uncertain. Though we heard some information that an update is coming this month, however, this couldn't determine what really happen in the future which means that the risk is still high and no assurance for profit.
Of course, we can still buy this one and hold but never expect that it will reach your expectations.

Rengga Jati

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Quote from: Rufsilf on September 02, 2022, 09:04:01 AM

For some reason, I don't like ADA because of some losses due to I wasn't able to wait for the bull season to come before I sell them. I was clueless at that time but for now, it looks like ADA is performing well and able to maintain its position as one of the top 10 altcoins in the market. Yet, talking about long-term investment, that is something I couldn't assume will work fine due to possible market duels that would lead to price declines.

Actually, this is not only ADA, I also have some ADA and feel too late to sell in the previous Bullrun. What all ADA investors expect to the next Bullrun is that ADA can really reach at least their ATH again and moreover pass the ATH. This will be not easy because ADA sometimes also fae some probelms and also issues. But,ther team is seriously building and developing the project. So, I am also sure that ADA will have the chance to be one of the worthy ivestments

Morningstarr

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Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Now is the perfect time to invest in any coin or altcoin that is in the top 10 be it Cardano, Dot or Matic. If we remove Dodge from the list, it will be better. As far as ADA is concerned, it is fundamentally a very strong project and its team is also excellent, So ADA is the best for investment in both the long and short term.
DYOR and Don't put all your eggs in one basket.

Rufsilf

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Quote from: maydna on September 02, 2022, 06:34:00 AM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

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.

For some reason, I don't like ADA because of some losses due to I wasn't able to wait for the bull season to come before I sell them. I was clueless at that time but for now, it looks like ADA is performing well and able to maintain its position as one of the top 10 altcoins in the market. Yet, talking about long-term investment, that is something I couldn't assume will work fine due to possible market duels that would lead to price declines.

coinerer

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Quote from: Inwestour on September 02, 2022, 03:19:24 AM

Quote from: adzino on September 02, 2022, 12:40:10 AM

It is a good long term investment and right now a good short term investment too. There is an upcoming upgrade to the network, the Vasil hard fork which is going to take place this September (hopefully). People are hoping for a price boost and people will FOMO into it. So invest if you can now, hold, wait for the fork, and after few days, you can sell and take your profit because very highly likely the price will drop after the fork takes place as more and more people will start cashing their profits.

For long term, yes it is still good. Invest and stake your coins for passive rewards.

The same can be said about bitcoin, only a long-term investment in bitcoin for me looks much more reliable than an investment in cardano. ADA often follows bitcoin, i.e. repeats after it, so why not just invest in bitcoin? And I don’t want to say that investing in ADA is bad, or it will not bring profit in the future, I just want to say that this is a greater risk than investing in bitcoin.

Cardano is one of the reliable projects in the crypto market. The current Cardano project still holds the 8th position in coin market cap. And its price is now $0.45 I think long term investment can give good profit. Moreover, we have seen the demand of this coin in the past where it peaked around $3. Its current price is about 85% less than the high price. So in my opinion it can be a good investment.

maydna

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Quote from: Onyacin on August 28, 2022, 04:20:51 PM

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.

Inwestour

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Quote from: adzino on September 02, 2022, 12:40:10 AM

It is a good long term investment and right now a good short term investment too. There is an upcoming upgrade to the network, the Vasil hard fork which is going to take place this September (hopefully). People are hoping for a price boost and people will FOMO into it. So invest if you can now, hold, wait for the fork, and after few days, you can sell and take your profit because very highly likely the price will drop after the fork takes place as more and more people will start cashing their profits.

For long term, yes it is still good. Invest and stake your coins for passive rewards.

The same can be said about bitcoin, only a long-term investment in bitcoin for me looks much more reliable than an investment in cardano. ADA often follows bitcoin, i.e. repeats after it, so why not just invest in bitcoin? And I don’t want to say that investing in ADA is bad, or it will not bring profit in the future, I just want to say that this is a greater risk than investing in bitcoin.

adzino

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Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

It is a good long term investment and right now a good short term investment too. There is an upcoming upgrade to the network, the Vasil hard fork which is going to take place this September (hopefully). People are hoping for a price boost and people will FOMO into it. So invest if you can now, hold, wait for the fork, and after few days, you can sell and take your profit because very highly likely the price will drop after the fork takes place as more and more people will start cashing their profits.

For long term, yes it is still good. Invest and stake your coins for passive rewards.

ahmia39

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Quote from: Rigon on September 01, 2022, 07:57:19 PM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Cardano ADA Coin is a suitable coin to invest. But definitely the investment should be for long time.I consider all these coins to be the best ever to invest. Because they are always at the top position in market cap.But another thing is that all these coins will not make much profit which we have been noticing for a long time. If you invest you will not lose the amount of profit may be small.

Yes you are right. ADA has always been consistently ranked in the top 10 since its launch in 2017. The price of one Cardano token as of October 2021 is 2 US dollars.
As of October 2021, Cardano is ranked in the top 10 crypto assets in the world by market capitalization with a value of 66.6 billion US dollars.
Is this one cryptocurrency still relevant until the end of 2022?

Pujangga

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Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Today I bought around $500 Cardano and I used it for staking on Binance, I don't really care about the small APY because my focus is on selling Cardano for at least 10x the price, and I believe a 2 digit price can be reached soon.

Captain Corporate

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Quote from: n0ne on September 01, 2022, 07:59:25 PM

Quote from: Rigon on September 01, 2022, 07:57:19 PM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Cardano ADA Coin is a suitable coin to invest. But definitely the investment should be for long time.I consider all these coins to be the best ever to invest. Because they are always at the top position in market cap.

Agreed, it is for the long term profiting. Cardano staying on the top of the list with its high performance against other cryptocurrencies. For now it is a better choice for everyone who wants to invest on a small price altcoin. Cardano is much used by different platforms all around, few of which were the ERGO, SundaeSwap, Ardana and the list counts. It have got more number of blockchain projects getting built over Cardano platform. The increasing usage keeps it strong on the market, based on which we can invest with assured profit in the long term.

ADA "was" the most hardworking project that I have ever seen for a very long time, but then I realized I was just getting duped and that really upset me a lot. I don't know if you followed from creation to right now or just recently found it, but they were pretty proud of their github streak where they coded something every single day and "improved" it a lot. Of course knowing that there are people who worked on it made me want to buy more and more, and eventually it got to a point where it gave me a lot of profit. However, after the fall I learned that they didn't really coded anything important, and something as simple as smart contract function of it was just a pipe dream that they failed. Sure they may do it now, but they missed the most important period to actually achieve it, so now they are on the way down.

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Quote from: Rigon on September 01, 2022, 07:57:19 PM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Cardano ADA Coin is a suitable coin to invest. But definitely the investment should be for long time.I consider all these coins to be the best ever to invest. Because they are always at the top position in market cap.

Agreed, it is for the long term profiting. Cardano staying on the top of the list with its high performance against other cryptocurrencies. For now it is a better choice for everyone who wants to invest on a small price altcoin. Cardano is much used by different platforms all around, few of which were the ERGO, SundaeSwap, Ardana and the list counts. It have got more number of blockchain projects getting built over Cardano platform. The increasing usage keeps it strong on the market, based on which we can invest with assured profit in the long term.

Rigon

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Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Cardano ADA Coin is a suitable coin to invest. But definitely the investment should be for long time.I consider all these coins to be the best ever to invest. Because they are always at the top position in market cap.But another thing is that all these coins will not make much profit which we have been noticing for a long time. If you invest you will not lose the amount of profit may be small.

Yamifoud

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Quote from: globalpain on September 01, 2022, 06:50:48 PM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

for the long term you don't have to be afraid if you want to invest in Cardano,
because Cardano is one of the top projects in the crypto currency world, all of their development is really good,
the technology they use is very useful, what CZ said is very true about the " good project must have a good utility too".

Investing a coin for the long-term gives us nothing, it is certainly a huge mistake and a wrong choice of coin. I can't afford to do that but instead diversify my portfolio and take another project that is potentially more profitable than Cardano. Might CZ is giving some hope to their investors but it guarantees nothing. Maybe taking some share of your funds (just a small amount) to fill your confidence but for me, there are more potential coins than this.

goinmerry

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Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

Generally speaking, only your DYOR can answer that. Make your own speculation out of your own set of factors.

I don't like to say that ADA is a worthy coin but before, that coin is part of my portfolio, and thinking of doing some buybacks.

Considering an altcoin that is meant for the long term is very critical. You really need to put some money on that coin and try to give it a test.

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Quote from: Natalim on September 01, 2022, 07:00:53 PM

Quote from: Onyacin on August 28, 2022, 04:20:51 PM

Is Cardano (ADA) a good coin to invest in it for long term?

I see ADA wasn't looking good. I bought ADA many years ago but can't imagine of making a good profit from this. I actually sell them and move to potential projects. I tell you OP that if you will invest in this project, never expect a huge profit, you can actually make some but if you think triple or even more, I can't say that. Anyways, who knows exactly - but I suggest using your funds wisely. Perhaps you can try to verify the situation.

Chucky is slow in developing this project. Its been years and yet nothing is happening but staking only. Although he brags about many projects were using ADA, nothing so far that made it to the top of the rank to impress someone who is watching this market.

Is the only old investors who have millions of ADA while it was priced at $0.01 who are appreciating its slow pace because they are staking and receiving thousands every epoch. They could also be the ones selling at $0.45 that's why the price has not go beyond that for months and Charles is likely one of them dumping.

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