Is it right time to invest in Cardano? - page 5.

minairia3

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Quote from: Wexnident on August 29, 2022, 12:36:36 AM

It doesn't seem like they've done well so far in the past year, If you trust it enough you can do long-term investment on it but honestly, I'd rather do short-term investments instead. I don't think altcoins are investments you'd take for long-term ones, the only coin I'd ever go for long-term would be Bitcoin. Maybe invest and wait for 3 months to see what happens and if you think it'll still go up then yea stay, but honestly if you get positive by then I'd just take it and plan for another short-term investment.

Not all altcoins are as bad as you think, in the long run altcoins can still be where you put your trust like eth, bnb, sol… and ADA is also a case to consider. ADA is still one of the top 10 projects of CMC and ADA developers are still actively working over the years.

We are in the bearseason and if you buy ADA from this point and hold for 3 months I think you should not buy. How can it go up in 3 months when the market is gloomy and bitcoin cannot rise in price? Let's hold ADA at least until the next bull season before we can know if it's worth holding.

WalkerIVIV

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thinking in regard at how much of value ada has lost in this current trend, investing in ada could become a great idea, as long as you're willing holding it long term.
right now it seems current negative trend will lasts for even longer, even though with investing right now you get great value that's basically great entry for you, it could become a really long holding until future rally comes in.

BitDane

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I've seen how ADA developed for years and though it still needs more improvements and developments in the future, I believe that it would work well in the long run. It will be best to buy Cardano while the price is still low now but not for a short-term period. There are lots of investors who trust it and I'm sure that it could strike a good spot on the CMC when the market recovers.

ADA is supposed to be promising but the frequent delay of the release of updates somehow degraded it. When they announce an update, all are very exciting but when the release date is nearing, they often announce delays which somehow kill the momentum of the project. But still I think Cardano is a good buy for long term investment.

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Quote from: Xal0lex on August 29, 2022, 04:14:01 PM

Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

I would answer your question positively, but this is not investment advice. Cardano has now lost about 85% of its value and is not a bad option for a long-term investment, especially when you consider that Cardano is constantly working on updates of its project, adding new products. The vasil hardfork, which aims to improve Cardano's own features, is currently being prepared for release. In general, ADA is constantly evolving and for the long term it is a good option.

They are claiming to be more decentralized due to thousands of pools created on ADA. This vasil fork I heard on youtube update that it's almost completed which is why it's not going down terribly anymore, I guess it bottomed at -85%.

There is so much more to be developed in ADA if anyone reads its roadmap, the plans go ll the way to Voltair which will be years from now. Its a long wait, an investor has to be really patient to see results.

Xal0lex

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

I would answer your question positively, but this is not investment advice. Cardano has now lost about 85% of its value and is not a bad option for a long-term investment, especially when you consider that Cardano is constantly working on updates of its project, adding new products. The vasil hardfork, which aims to improve Cardano's own features, is currently being prepared for release. In general, ADA is constantly evolving and for the long term it is a good option.

bocyaj

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I had huge ADA holding for the long run.People inverse for the short term profit in ADA was not a good time now.People with huge knowledge in crypto currency will inverse for the long term profit. Only the day trader will keep their profit in short run.The day traders will choose the coin by analysing the short range pump and buy with huge investments.

serjent05

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

Definitely, ADA is a good coin to invest in in the long term. ADA' ATH is around $3+ and the current price is around $0.4, it is normal in a bear market. Now if we invest in ADA at the current market, it is like buying it at a discount. There is also an upcoming upgrade on ADA network called Vasil so there is a possibility of the market hype before this Vasil hard fork is implemented.

Sweetbtc

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If you can patience calmly then yes, Cardano(Ada) is best token to buy, specially in this dip it is great opportunity. It is long term coin, so you must not be panic if it went down more. If you want to buy then buy in parts. Buy some today or tomorrow some in next dip and so on. Hope you will get benefit.

ItsCrafty

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Crdano is appraise to be good investment, it is fact that cardano become more lesser and minimize in value in contrast to the other coins, but it is evaluated that after few years it will be be more up and will be better for you to swap and get good percentage. So cardano proves to be excellent investment, you can buy and hold it for at least one year. However it reduces from very high price but i think that after two to three year it will be rise much more than envision.

Doell

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In my opinion Cardano current price isn't too bad either, well Cardano a one of assets good choice if you want to hold it for a long terms, now price it is also relatively cheap when the market is dominated by bears. Also as an alternative asset many are interested in this product because of the quality their projects, but it is better not to put all your money in one asset, invest in the amount you can afford.

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

For long term I would not suggest this coin.
It’s better to go for something stable. It would be great if you can invest in BTC or ETH.
Guess what BTC currently present at the best price. If you can break the taboo and show more interest in Bitcoins, then definitely you get tons of profits from Bitcoins.
Else you can also for ETH if you also want. For short term ADA is good but for long term it’s really very risky.

kapalmabur

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

Cardano's current price is still below $0.5 and of course ADA is very cheap,
I'm sure big investors are already eyeing there for long-term investments,
because there's no doubt about the fundamentals of Cardano, even in the future ADA could shift Ethereum to rank 2,
just imagine how much will ADA cost in the future if it is in rank 2? of course it will be more than $10

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

Honestly, I'm not really interested in investing my funds into Coins (ADA), whether it's good or not depends on your courage to take risks on the investments you make, one thing that might make you make a decision, where Koin (ADA) is already registered in several major markets such as, Bianace, Coinbase, Kucoin, Gate.io, Huobi, Kraken, Poloniex, Bitfinex, Bittrex, and many more, I think the market I mentioned will make you want to try investing your funds in Cardano (ADA) ), because they are already registered in some of these markets.

Sweety1985

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Yes, it's right time to invest in cardano.

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

Since 2k17 Cardano (ADA) started their journey, Then after the pump of 2018 it deteriorated as the market went bearish but again made a very good come back in 2021, now dumping it for bearish market conditions, but with its heavy trade volume and good exchange listings and rankings. This good position I think will carry it well in the future. But in this current situation I would like to suggest it for short-term , you can chose btc for long-term for the security of your fund .

visionE2

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

For me personally, cardano is not a realistic project.
I think Charles as the founder of Cardano is too perfectionist, idealistic, and stubborn. How can cardano penetrate the regulations of various countries with Charles' character who is not dynamic?
In terms of the price of the coin it also looks unconvincing, never going up convincingly.
indeed Cardano put security first, cardano development is also slow.

BTC_Mouse

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The best coin for long-term investment no doubts it's not a wrong decision I think it's your right decision if you want to hold it for the long term then you do continuous DCA Every month. ADA team is developing a lot. See their project last few years. They have developed a lot. The price of their token has hugely increased. I believe that in the future, they will give better returns to all investors.

Jatiluhung

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please do the analysis by yourself. and do it in detail.
for me Cardano is quite potential. and deserves to be an investment choice. but I do not dare to long term. maybe in the medium term. or except with cold money. then I dare to save it for the long term. now the price is really cheap. because the market is currently bearish. but we have to know when the right entry. because if now we consider the price cheap. but then the price could go back down if bitcoin experienced a deeper decline. so be careful and if you want to enter. then enter at the right time according to the analysis you have done.

BitKongy

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

Cardano is a good altcoin anyone can buy and hold for a long time, it's really a worthy challenger of Ethereum blockchain, now that BTC is going down again it's another good opportunity to start buying because this could be the double bottom we are waiting for, we might not see BTC at this price again.

Sarah Azhari

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Quote from: Onyacin on August 28, 2022, 03:20:51 PM

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

Cardano coin and shiba Inu is a good corn to be invested not really a long time investment because nobody knows the possibility of these two above-mentioned coin can do in next 5 years or 10 years coming. What I want us to consider is that when investing into a cryptocurrency what year, know the kind of coins that is fit to that market not by rushing to the market.

I don't know how you compare them both. because Cardano and Shiba have different chains and projects, Shiba is just a meme while Cardano is a coin that looks promising with a strong team and has a step plan for years. When I have to choose, of course, Cardano is more than promised and I will buy more than Shiba.

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