No and I don't think it's flexible in any amount unless you really know the price of the deepest coin and buy it at that point and accumulate at what point the price will make you profit buying the coin.
doing cl over 30% I don't think the right choice, especially if you buy many types of coins.
So as much as possible, you don't have to cutlose, and buy deep coins with other money if you still have money saved.
Topic: Should I sell ADA for loss to buy more bitcoin at this dip? (Read 679 times)
My advice is that you better not sell your ADA and buy Bitcoin, because ADA is one of the best altcoin to invest, so of course you can make a big profits from investing in ADA, therefore I think it's better if you still hold your ADA for a long-term, because I believe the price of ADA can reach at least $3 this year, so of course you can make a big profit from investing in ADA at this time.
No, don't sell your ADA for loss to buy more bitcoin at this dip,
this moment is the best time for us to buy more ADA for a better option, because this is just a short crash that i think ADA will rebound again and can hit $3 in the next month. let's just wait until then.
this moment is the best time for us to buy more ADA for a better option, because this is just a short crash that i think ADA will rebound again and can hit $3 in the next month. let's just wait until then.
It is always good to buy low and sell high, I think this is one of those opportunities that can be bought and sold in the medium or long term, I am sure there will be very good profits with ADA:
This type of analysis shows what can come, this gives as a motivation for risk, of course buying now would be an excellent option because I am sure that ADA will pay off.
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The bulls will now try to push the ADA/USDT pair to $2 and then to the all-time high at $2.47. A break above this resistance could signal the start of the next leg of the uptrend. However, the flat 20-day EMA and the RSI just above the midpoint suggest a few days of range-bound action.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bchThis type of analysis shows what can come, this gives as a motivation for risk, of course buying now would be an excellent option because I am sure that ADA will pay off.
It's about to pump up. Just yesterday it went to 1.83USD it should come back up again anytime soon. I'm considering buying more actually convert some of my altcoins to ADA, sell my Link for ADA after all it's about to have their smart contract launch. There had been lots of shills for this token, kinda like XRP. Right now I have been staking some ADA, if I just have 1BTC right now, I could be buying it all for ADA and stake and then earn everyweek.
It is always good to buy low and sell high, I think this is one of those opportunities that can be bought and sold in the medium or long term, I am sure there will be very good profits with ADA:
This type of analysis shows what can come, this gives as a motivation for risk, of course buying now would be an excellent option because I am sure that ADA will pay off.
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The bulls will now try to push the ADA/USDT pair to $2 and then to the all-time high at $2.47. A break above this resistance could signal the start of the next leg of the uptrend. However, the flat 20-day EMA and the RSI just above the midpoint suggest a few days of range-bound action.
Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bchThis type of analysis shows what can come, this gives as a motivation for risk, of course buying now would be an excellent option because I am sure that ADA will pay off.
All morning, I just saw the price on the ADA market go up by 8% (2.2 $). ADA is a good coin, so I recommend sticking with it. I am sure that in the future there will be a significant increase. Like the Doge coin, Stellar used to be a small price, but now it's really going up in price. The market price value is strongly influenced by market players but is also influenced by the benefits of the coin in society.
At the moment ADA has a certain laterality, since the price has not changed much, although it has had good sustained growth, ADA is a currency that can take a bullish turn, even you can even think of a new ATH, the BTC is recovering, it is very likely that we will have a pleasant surprise, a buyer volume is seen.
ADA is an excellent currency to make HODL, for now I think that those who have ADA, in 1 or 2 weeks you can see new prices even reaching more than 2USD.
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Despite a short correction today, further growth might happen. At the moment, the crucial mark for bulls is to conquer $2. If they succeed, they may bring the coin to $2.20.
Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-14ADA is an excellent currency to make HODL, for now I think that those who have ADA, in 1 or 2 weeks you can see new prices even reaching more than 2USD.
Keep ADA for now. They have Africa Special in 6 days and maybe they will present some big news there. If it comes to be like that ADA will really pump in price so I would hold for now.
I agree with you, I think the best move for now is hold your ADA. I also think ADA price will pump up this month, maybe itu will hit $2.
But if you have extra money you can also invest some in bitcoin, because the price is decreasing right now, and we can gain some profit if bull run happen later.
If it's only a matter of 100$ then hold ADA for now. Also, ADA has recovered significantly from the point when you posted this, so if you don't feel like holding it then better to sell it for BTC. Recently BTC is fluctuating too much and there is no proper speculation on which side BTC will move so hold USDT until it settles or if you believe in the long term then just buy BTC and forget it.
If you believe with it then it's really good advise to buy and keep it inside your safe wallet then forget it,
either setting a target and make sure you have notification alarm once your target already been reached
it's the best way to sell it out and take your profits, better than keep checking the market and be shake
when you see the value dropped a lot.
I can say that it is a small amount for me in my current portfolio, but it does not matter because it depends on your current position when entering this market. Will you accept to lose money by entering this market, or it is just a test of your upcoming greed in the near future? Just taking the point of being serious from the beginning and being satisfied with what you have, I think you do not let your emotions affect it only for a short time that makes you lose control. Know that you have a great chance when the current market trend is still up and don't let greed get you out of here.
If it's only a matter of 100$ then hold ADA for now. Also, ADA has recovered significantly from the point when you posted this, so if you don't feel like holding it then better to sell it for BTC. Recently BTC is fluctuating too much and there is no proper speculation on which side BTC will move so hold USDT until it settles or if you believe in the long term then just buy BTC and forget it.
ADA moved horizontally for a long time. It upset its investors, but the recent ups and downs are really surprising. I think better days are waiting for Ada. I hope we continue this way and continue investing.
If you're already loss why you need to move into another coins, just remember ADA is a good coin if you hold this coin for long term you will be rewarded at the end.
But, at the end is your choice to if you think BTC can give you more profit then just go ahead.
Moving on to another coin, we are also maintaining losses, possibly even more later, instead of devising such an ineffective strategy, we should read more about the ADA project and compare its value in the past, the graph clearly shows it is still a good project and there will be no shortage of profit opportunities, maybe profit at that time is not yet coming but right now, ADA is really profitable, the bullish season will help the altcoin top go up, don't worry and redirect too quickly But, at the end is your choice to if you think BTC can give you more profit then just go ahead.
ADA holders will always win if the market continues to be bullish at its peak, the current ADA price has provided a profit if you still hold ADA it will provide maximum profit, it is very attractive if you buy ADA when the bear market, the profits you get, will definitely be greater. ADA top 6 Coinmarketcap until now has also been able to grow and is very valuable that ADA has great potential to be more valuable.
ADA holders are now enjoying what they are seeing inside the market, currently moving upwards and still gaining supports and investments.
If you still have it until today surely you see a huge profits in a span of almost 3 weeks, and if you are still positive and you bought more while corrections
is still ongoing,
You are adding more money to your investment and you'll earn more if you believe that this coin will achieved higher than this current value.
If you're already loss why you need to move into another coins, just remember ADA is a good coin if you hold this coin for long term you will be rewarded at the end.
But, at the end is your choice to if you think BTC can give you more profit then just go ahead.
But, at the end is your choice to if you think BTC can give you more profit then just go ahead.
Keep ADA for now because alts season is coming up, and you don't want to be left out. Benefit as ADA reaches its All-Time High; even though the amount is small, if it pumps, the OP might make a lot of money. As a result, he will track the ADA market and sell when it reaches its height. In the very least, you're making a profit rather than losing it.
ADA holders will always win if the market continues to be bullish at its peak, the current ADA price has provided a profit if you still hold ADA it will provide maximum profit, it is very attractive if you buy ADA when the bear market, the profits you get, will definitely be greater. ADA top 6 Coinmarketcap until now has also been able to grow and is very valuable that ADA has great potential to be more valuable.
I don't see a lot of profit in this coin, coinmarketcap is currently ranked 7th. Let's say ADA moves to the 4th-5th place, the capitalization will be approximately 80-90 billion, almost 2 times more, accordingly the price should be about $ 2.8. In my opinion, there is no point in investing, the profit is small.
I think that at the moment ADA is in an uncertainty due to the market movement, Bitcoin makes the difference with respect to all altcoins, although there is strong resistance due to the movements of May 4, now it may have a recovery if Bitcoin is in trend or enter a bullish rally.
I don't think it's a good idea to sell right now, and if you stay in Hodl mode and if the bullish movement triggers, your profit would be lost.
This article shows what one analyst thinks about it:
I don't think it's a good idea to sell right now, and if you stay in Hodl mode and if the bullish movement triggers, your profit would be lost.
This article shows what one analyst thinks about it:
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The ADA/USDT pair is likely to face stiff resistance near the $1.48 to $1.55 zone. If the price turns down from this zone, the pair could again drop to the moving averages and extend the stay inside the range for a few more days.
Source: https://cointelegraph.com/news/price-analysis-5-5-btc-eth-bnb-doge-xrp-ada-dot-ltc-bch-uni 
if u still hold , dont try to sell it, ADA will bring a new thing on their blockchain, a kind like NFT for sure, and we know exactly NFT is the biggest hype on this year .
It's good to diversify on last major market dump when Bitcoin dropped below $50K, I sold a portion of my bags ADA, and few other alts not doing too good and until now i'm satisfied. Bought back already some major alt and buying back every day some ADAs as well as these are my good solid bags. Since you have low amount, it would better stay with ADA.
At the moment ADA has recovered successfully, I would not think of selling because although it had a drop last week when the price of BTC rose a bit, ADA had a sustained recovery, I think that while there is an eventual and latent season of altcoins at least ADA should not be sold, this short-term analysis can give us an idea:
Source: https://cointelegraph.com/news/price-analysis-5-3-btc-eth-bnb-xrp-doge-ada-dot-uni-ltc-bch
I think that many will expect the price of ADA at approximately 2usd, it is speculated that when it reaches that price many will sell.
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Cardano (ADA) has been sustaining above the 20-day EMA ($1.27) for the past few days, suggesting the bulls are in no hurry to book profits. The altcoin remains on track to resume the up-move and reach the $1.48 to $1.55 resistance zone.
Source: https://cointelegraph.com/news/price-analysis-5-3-btc-eth-bnb-xrp-doge-ada-dot-uni-ltc-bch
I think that many will expect the price of ADA at approximately 2usd, it is speculated that when it reaches that price many will sell.
If you have as much as $ 100 in funds, you should choose a coin with a lower price such as BNB, or a coin that has the potential to carry it. Personally, I might prefer ADA to holding bitcoins if I had such an amount of money. it's because the amount I have is more, so the potential to increase is also quite large. other than that, BNB is also a good choice considering that bitcoin and ETH have very large fees at the moment. after all, it is the advice I give, and the decision is yours.
100 dollars is an amount of money so low that the OP cannot really do anything with it, if he wanted to move those coins on the bitcoin or ethereum network he will lose 10% of his coins just on that, if the OP wants to do something with that money then he will need to find a coin outside of the top 100 that has its own blockchain and try his luck there otherwise the fees alone are going to be enough to make him lose most of his capital relatively quickly.
What are you joking? At loss seems unnecessary unless you know bitcoin will pump its price 10x after you sell it,maybe a good idea.. But without any idea its like you're jumping in the building especially when you put your money to bitcoin and it collapse lm. For sure your dead.. Lol.. Dont be greedy bro be practical as long as you see the coin still alive there's always a potential to regain your losses.. Dont lose hope..
The truth ADA lately has had a great growth, not only from the speculative point of view of the market, it is very accepted in casinos and bookmakers, it is also having much more exposure on the African continent, for this reason it will always be tentative sell ADA to buy BTC and not miss the movements of BTC, if ADA grows more in price obviously it will be a gold mine, and it may have more growth for now that the dominance of btc has dropped and if the altcoin season is already developing , ADA will shine, on the African continent ADA is gaining a lot of ground:
When seeing a growth of this style it is better to wait a little to see how much the currency grows and when it has grown enough if you want it is exchanged for BTC.
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Following the recent trend, some independent analysts believe the vibrant altcoin which currently holds 2% of the entire crypto market has chosen a sustainable path and is capable of rising above the ashes of bearish runs to smash the $10 mark before the end of 2021.
When seeing a growth of this style it is better to wait a little to see how much the currency grows and when it has grown enough if you want it is exchanged for BTC.
If you are an active trader, maybe you should follow all the movements that occur, either down or up. But if you don't want to experience losses from the purchase you do, you should just wait until you really really sell it
I see ADA have raise to higher price right now and its the best way for you keep holding and never try to cut loss or buy other coin, I think you need waiting few weeks later and believe ADA move above $2 or more. I see many potential for growing up on this coin and depend how many time bitcoin keep raise to higher price.
In my opinion, bitcoin is still best to be bought at around 50 - 54k since its showing huge resistance at 50k. You can buy bitcoin at dips and can take short term positions and earn profit.
Chances are that bitcoin may cross 60k in near future, though anything can happen in crypto market.
Chances are that bitcoin may cross 60k in near future, though anything can happen in crypto market.
Anything can happened and it's not ours to accurately expect the next market movement. It's all about how you personally understand the coin that you invested your money, without that knowledge the next thing that will happen to you is to move blindly,
All things here inside the market are about how you manage to gather information, ADA is one of those projected project that have potentials, it's only time that will reveal whether this coins will success or not.
Take your time and assess more deeper if you are still undecided what you should do next.
I don't know if the OP data still holds ADA or not, but I just want to suggest you if you have a chance, get your capital back with itself and move on to find out what coins are in the school. I think ADA is not the prefix that will be of a power boost in this field, as what they can come up with makes me distrust the ecosystem and its value.
Not would be included on the power boost? Try to look its price on how it did make some gains on the last 24 hours? https://coinmarketcap.com/currencies/cardano/You can actually make out some short term trades with these movements and i dont see for this project to be a shit just like on most projects in the market which had been
pumped even though it isnt really that good after all.
For the decision of selling out some coins for buying out Bitcoin isnt really a bad idea at all but its your take on what are the decisions you would make.
I don't know if the OP data still holds ADA or not, but I just want to suggest you if you have a chance, get your capital back with itself and move on to find out what coins are in the school. I think ADA is not the prefix that will be of a power boost in this field, as what they can come up with makes me distrust the ecosystem and its value.
If you have as much as $ 100 in funds, you should choose a coin with a lower price such as BNB, or a coin that has the potential to carry it. Personally, I might prefer ADA to holding bitcoins if I had such an amount of money. it's because the amount I have is more, so the potential to increase is also quite large. other than that, BNB is also a good choice considering that bitcoin and ETH have very large fees at the moment. after all, it is the advice I give, and the decision is yours.
I have some ADS too and though it might not be as big as what others got, still I also find it a little bit discouraging to see the dip of the value a lot of times, especially when others are making a good pump. While other coins/tokens are pumping, ADA became stationary and yet when others got dumped ADA was doing the same thing. Yet, at the back of my mind, I am thinking that maybe there can be a time soon that ADA will be making that one big run. Is it coming? Nobody knows but maybe.
Don't sell ADA, just keep it until such time it would go further and reach a greater value. For now it's just not doing well, but in the future there could be a great potential that might exist.
Sometimes we just need more patience than rushing out for expectations, so learn it eventually rather than having a weak hands.
Sometimes we just need more patience than rushing out for expectations, so learn it eventually rather than having a weak hands.
I don't know how to think about it, but I find it funny that the OP is hoping for a sum of $100. Let's start with a worthy number to get serious advice, I personally although not a lot of money, but I never intend to invest such a small amount in anyone is a market. Redefine what it means to invest and what gambling is, if you say your assets only allow you to start with $100 then sorry I can't give advice to an over-calculated person. With a single money it is not going to help much in the present life.
I see it from a different angle:The OP can still be said to be a newcomer to this forum and the crypto market, so he must be able to adjust to the atmosphere in the market.
As a newcomer is starting trading with an initial capital of $100 is good enough, means he has the will learn how to trade in the crypto market.
Whatever we do need a process buddy. Likewise, when you have first got to know cryptocurrency, everything started from ZERO.
It doesn't make sense for someone who is new to cryptocurrency to immediately trade with a large amount of money because it is very risky for him, unless it is done by a professional trader it is very normal.
I actually agree with you. I have learned a lot since the last time I posted in this thread. And I am still learning more and more about the crypto market and all the markets in general. So I have decided not to sell my ADA, even though am a new trader I actually realize how volatile the market can be so I decided instead of actively trading and looking at the market and charts am just gonna leave my money as is in the exchange and am gonna HODL long term. While I am at it am gonna dollar-cost-average by adding a few capital every 2 months. And during this time am gonna be learning more and more about the markets and the technical and fundamental aspects of it. And after a few months/years when I feel confident enough to start actively trading and use more capital am gonna hope in. For the time been am just gonna enjoy the markets going up and down and my lil cute 100$ going with them. Also to note I entered the market fully knowing the risks and that I might lose my money so its not a big deal. Good luck to everyone and thank you all for your opinions and advices.
In my opinion, bitcoin is still best to be bought at around 50 - 54k since its showing huge resistance at 50k. You can buy bitcoin at dips and can take short term positions and earn profit.
Chances are that bitcoin may cross 60k in near future, though anything can happen in crypto market.
Chances are that bitcoin may cross 60k in near future, though anything can happen in crypto market.
At this time, the ADA team is about to comply with what they had planned 5 years ago, including smart contracts, although the Bitcoin market is having a rapid recovery, it is likely that while some altcoins are growing in price begin to stagnate as the bullish trend recovers, it is a great time to buy in the fall, but when checking that ADA characteristics improve even more, it draws more attention from investors.
“2021 is kind of our overflow year, where we’re pulling together and turning on all the things we dreamed of over the last five years. That includes things like our governance stack, smart contracts, our metadata standard, token issuance, full decentralization. We’ve hit almost all our goals: we’ve done metadata, we now have a native token. There are more than 10,000 tokens issued on Cardano in just a month, which is mind-blowing.”
Source: https://dailyhodl.com/2021/04/28/cardano-poised-to-hit-crucial-milestones-in-2021-says-creator-charles-hoskinson/
I think that it is not a good time to exit ADA even if it drops in price, since as these characteristics are integrated, it will be possible to have a good price rebound.
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“2021 is kind of our overflow year, where we’re pulling together and turning on all the things we dreamed of over the last five years. That includes things like our governance stack, smart contracts, our metadata standard, token issuance, full decentralization. We’ve hit almost all our goals: we’ve done metadata, we now have a native token. There are more than 10,000 tokens issued on Cardano in just a month, which is mind-blowing.”
Source: https://dailyhodl.com/2021/04/28/cardano-poised-to-hit-crucial-milestones-in-2021-says-creator-charles-hoskinson/
I think that it is not a good time to exit ADA even if it drops in price, since as these characteristics are integrated, it will be possible to have a good price rebound.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
My first advice is that your capital is too small to diversify, pick a coin and stick with it, personally I would have invested everything in bitcoin but there is nothing wrong to invest in an altcoin that is recognized by the community, just be careful, the volatility of the bitcoin market is already very high and altcoins suffer and even higher volatility which means that one day you could be making great profits and suddenly out of nowhere you are losing money and you have no idea why all of this is happening to you. A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
If i had only $100, i would definitely go for low/mid caps with good fundamentals to have more growth space, and stay away from ADA for example which is already overpriced imho. But then again i might be biased because i don't like really like ADA or their approach.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
100$ capital to be vested for Bitcoin? that's not appropriate for my part mate instead best to at least invest in altcoin to have more chances of gaining higher because Bitcoin is now on its peak and putting small amount as capital will bring you nothing but Peanut profit. If you have to sell it, wait for the 29th of April because ADA will have some event in Africa which I think can make the price spike high. I think its about time to buy some more. And you can sell later when the price is about to dip again. Just hope the BTC won't also spike tomorrow otherwise it won't be worth it.
News is that ADA as so they say that got a contract from the Ethiopian Government and thousands of school will be using ADA blockchain.
cut loss is a fundamental thing that really shouldn't be done. if you have such a cut loss mindset, it will be very difficult to get a lot of profit in cryptospace.
I hope he was not selling his ADA for bitcoin or he must pay more to enter into his position again. Bitcoin is starting to gain momentum. he was making the worst decision if he already sold his ADA for bitcoin. Bitcoin is increasing again but ada gets a better performance compared with bitcoin in terms of the recovery phase. Sell ADA for bitcoin is the worst decision consider ADA is also having a very good prospect in the future. I hope he was not doing it
This is not a good time to sell cardano, Cardano is looking for many ways to expand and now through Squissquote in Europe it is looking for a way to get much more exposure, and with good exposure the demand will increase incredibly causing more fame to the company. currency, the agreements you have reached for now speak to this:
Anything that helps spread the word in crypto is valid, and now reaching more people through banks is much better.
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Luxembourg-based Swissquote Bank Europe has added support for Cardano, Uniswap, Filecoin, Aave and several other cryptocurrencies, according to its April 27 announcement.
The fully regulated online bank launched its cryptocurrency trading service in mid-March. It will allow clients to buy and sell a total of 12 cryptocurrencies, a first for an EU bank.
Source: https://u.today/cardano-uniswap-and-other-altcoins-now-supported-by-swissquote-bank-europeThe fully regulated online bank launched its cryptocurrency trading service in mid-March. It will allow clients to buy and sell a total of 12 cryptocurrencies, a first for an EU bank.
Anything that helps spread the word in crypto is valid, and now reaching more people through banks is much better.
No, don't ever do that! when the price is decreasing, it's not the time to be panic, cut loss is a fundamental thing that really shouldn't be done. if you have such a cut loss mindset, it will be very difficult to get a lot of profit in cryptospace.
I do believe that ADA will hit their ATH again soon in the near future.
I do believe that ADA will hit their ATH again soon in the near future.
Don't be confused about small paper loss. It's not your actual loss until you hit the Sell Button.
Just hold those. Think of working on new money so you can accumulate more of that.
If you're not able to hold for long, you can't make good profits in the future.
Just hold those. Think of working on new money so you can accumulate more of that.
If you're not able to hold for long, you can't make good profits in the future.
Most people do not realize that to be able to make a large and good profit, we cannot get it instantly. The most important thing is we really have
to hold for long, so like you said we don't really lose until we hit the sell button. So from that we really have to be patient to really be able to
make big profits.
Don't be confused about small paper loss. It's not your actual loss until you hit the Sell Button.
Just hold those. Think of working on new money so you can accumulate more of that.
If you're not able to hold for long, you can't make good profits in the future.
Just hold those. Think of working on new money so you can accumulate more of that.
If you're not able to hold for long, you can't make good profits in the future.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
You can opt to sell the half for you to buy more bitcoin and the other half would be kept on ADA but its entirely depending on your choice.Profit wise then ADA could give it out on a short span of time considering the ranges on how much profit you could possibly make then its clear that Alts could really give out that chance but if you do stick aside with some sort of security or guarantees for long
term then no doubt that Bitcoin could give that but its up to your own choice though because its your money.Try to make some balance and realizations before making further step.
It depends on what you feel is right. If I were you I'd sell half if you think ADA will possibly continue to dominate but it might have peaked already. Or you can keep a quarter if you want to really diversify.
You have removed the other quote that I've said.
It's about ADA and bitcoin and I'm suggesting to test both of it if it's going to work for OP. That's the experimentation that I'm saying not with any random altcoins.
Because doing that isn't really a good strategy.
It's about ADA and bitcoin and I'm suggesting to test both of it if it's going to work for OP. That's the experimentation that I'm saying not with any random altcoins.
Because doing that isn't really a good strategy.
Yes, sorry, I tend to snip out comments when quoting but I did get it and I still stick to what I said. If OP is actually mining, I think it's a bad idea to enter into trading as well. You want to specialize into a field, not branch out. Otherwise you get to be a little of everything but never good at one thing. PLUS if OP is mining ETH, then he loses out in transfering out to trade, the commissions and fees, etc. Better to mergemine.
He get some profit in mining and he wants to grow his bitcoin stash and that's what he's resorting to do. Well, I'm also going to do that if I'm decided to get more bitcoin instead of holding it on any alt.
That's diversification for you and it's also a good strategy that most of us know.
Any advice is appreciated!
current bitcoin price is at $53000 and is consolidating, probably in the next few days it will approach $57000, I think you have to wait to see how the bitcoin price will behave and then make an assessment of how much damage you have had. because the ADA price in relation to USD will increase if the bitcoin price also increases or if there is some good news about ADA. after that big pump weeks ago I didn't see a big price increase
the resistance that is in the $1.55 zone is still a major obstacle. ADA would need good news to break this resistance, I hope you haven't bought it for more than $1.40
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
Hello mate you don't have much fund so what are you thinking for you can earn a few only .I think first you need to increase your capital then you can invest on different coin .Its always great idea to invest on bitcoin and ADA is also a good coin but you need to have a healthy fund before invest if you wanna get a good return. 
You have removed the other quote that I've said.
It's about ADA and bitcoin and I'm suggesting to test both of it if it's going to work for OP. That's the experimentation that I'm saying not with any random altcoins.
Because doing that isn't really a good strategy.
It's about ADA and bitcoin and I'm suggesting to test both of it if it's going to work for OP. That's the experimentation that I'm saying not with any random altcoins.
Because doing that isn't really a good strategy.
Yes, sorry, I tend to snip out comments when quoting but I did get it and I still stick to what I said. If OP is actually mining, I think it's a bad idea to enter into trading as well. You want to specialize into a field, not branch out. Otherwise you get to be a little of everything but never good at one thing. PLUS if OP is mining ETH, then he loses out in transfering out to trade, the commissions and fees, etc. Better to mergemine.
I don't know how to think about it, but I find it funny that the OP is hoping for a sum of $100. Let's start with a worthy number to get serious advice, I personally although not a lot of money, but I never intend to invest such a small amount in anyone is a market. Redefine what it means to invest and what gambling is, if you say your assets only allow you to start with $100 then sorry I can't give advice to an over-calculated person. With a single money it is not going to help much in the present life.
I see it from a different angle:The OP can still be said to be a newcomer to this forum and the crypto market, so he must be able to adjust to the atmosphere in the market.
As a newcomer is starting trading with an initial capital of $100 is good enough, means he has the will learn how to trade in the crypto market.
Whatever we do need a process buddy. Likewise, when you have first got to know cryptocurrency, everything started from ZERO.
It doesn't make sense for someone who is new to cryptocurrency to immediately trade with a large amount of money because it is very risky for him, unless it is done by a professional trader it is very normal.
That's not a big problem that you should be thinking because you can test the market with that amount and see which will benefit you most. It's like an experiment to you that you must do it without any regrets.
I don't know. If I'm mining, then I'd be focused on making more fixes and tweaks and upgrading to my mining and do the best to get the most out of it. I would maybe maximum merge mine to get all other alts and help supplement my income.
Testing waters with trading random altcoins? I think that's a bad recipe to lose money.
It's about ADA and bitcoin and I'm suggesting to test both of it if it's going to work for OP. That's the experimentation that I'm saying not with any random altcoins.
Because doing that isn't really a good strategy.
You are new to trading but you still enter a trade with a high potential of loss because where you bought bitcoin and ADA are considered overprice. My only advice is keep holding instead of looking at the charts and feel remorseful. Being patient and your coins will soon return to where you buy, even you will have some good profit
Right now, you should continue to learn trading more because it can give you more knowledge about the crypto market
Right now, you should continue to learn trading more because it can give you more knowledge about the crypto market
You are only wasting your time when you wanna try to convert your ADA for bitcoin. You can even imagine how much profit that you will get from your $100.
Bitcoin is always increasing from small to the small. You can get only 10% as the maximum gain on bitcoin and this takes a very long time to go.
Try to keep your ADA is the best thing right now.
Bitcoin is not so profitable for the small buyers.
- Agree, converting from ADA to bitcoin will not be perfect due to the inappropriate capitalization level and even if the capitalization conditions are full, our profits may not compensate for the sale of ADA in a stop loss state. Most especially, the dip phase is very sensitive to the value of bitcoin, it can drop very drastically when the market has always placed it as a barrier to prevent the residual wave and if we don't carefully convert, we lose even more while ADA is quite limited in dip, it seems to carry a stabilizing factor, which is quite reassuring that the recovery time will be fast and not risky. Bitcoin is always increasing from small to the small. You can get only 10% as the maximum gain on bitcoin and this takes a very long time to go.
Try to keep your ADA is the best thing right now.
Bitcoin is not so profitable for the small buyers.
That's not a big problem that you should be thinking because you can test the market with that amount and see which will benefit you most. It's like an experiment to you that you must do it without any regrets.
I don't know. If I'm mining, then I'd be focused on making more fixes and tweaks and upgrading to my mining and do the best to get the most out of it. I would maybe maximum merge mine to get all other alts and help supplement my income.
Testing waters with trading random altcoins? I think that's a bad recipe to lose money.
I don't know how to think about it, but I find it funny that the OP is hoping for a sum of $100. Let's start with a worthy number to get serious advice, I personally although not a lot of money, but I never intend to invest such a small amount in anyone is a market. Redefine what it means to invest and what gambling is, if you say your assets only allow you to start with $100 then sorry I can't give advice to an over-calculated person. With a single money it is not going to help much in the present life.
I see it from a different angle:The OP can still be said to be a newcomer to this forum and the crypto market, so he must be able to adjust to the atmosphere in the market.
As a newcomer is starting trading with an initial capital of $100 is good enough, means he has the will learn how to trade in the crypto market.
Whatever we do need a process buddy. Likewise, when you have first got to know cryptocurrency, everything started from ZERO.
It doesn't make sense for someone who is new to cryptocurrency to immediately trade with a large amount of money because it is very risky for him, unless it is done by a professional trader it is very normal.
You are only wasting your time when you wanna try to convert your ADA for bitcoin. You can even imagine how much profit that you will get from your $100.
Bitcoin is always increasing from small to the small. You can get only 10% as the maximum gain on bitcoin and this takes a very long time to go.
Try to keep your ADA is the best thing right now.
Bitcoin is not so profitable for the small buyers.
Bitcoin is always increasing from small to the small. You can get only 10% as the maximum gain on bitcoin and this takes a very long time to go.
Try to keep your ADA is the best thing right now.
Bitcoin is not so profitable for the small buyers.
$100 is not really much for bitcoin to be frank and selling at loss isn't good thing either not to mention that ADA is definitely more suitable crypto for you considering your portfolio, also you only lose your money if you sell it. ADA tbh has been having quite good performance and could probably dominate again in the future meanwhile if it's btc, even by making some transaction it's already eaten up 25% of your asset except you want to keep it on the exchange wallet you're not gonna need to spend money for gas fee.
IMO if i were you i'd just stick with ada waiting for pump and then sell, later buy the dip, there's reason why ADA could go this far in market cap ranking in website like cmc because people sees the project as good.
IMO if i were you i'd just stick with ada waiting for pump and then sell, later buy the dip, there's reason why ADA could go this far in market cap ranking in website like cmc because people sees the project as good.
I don't know how to think about it, but I find it funny that the OP is hoping for a sum of $100. Let's start with a worthy number to get serious advice, I personally although not a lot of money, but I never intend to invest such a small amount in anyone is a market. Redefine what it means to invest and what gambling is, if you say your assets only allow you to start with $100 then sorry I can't give advice to an over-calculated person. With a single money it is not going to help much in the present life.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
So you already have 0.0011 BTC, so you can still use $ 33 to exchange ADA / BTC with a good rate of approximately 0.00067 BTC. But given this small capital, I think your should keep holding ADA and waiting for bull run. ADA is also an altcoin that favors and nudges the current requirements well. Good to keepI mean, if the funding is this small, there's no need to worry. Do not let your psychology fluctuate, do not buy or sell right now.
Keep ADA for now. They have Africa Special in 6 days and maybe they will present some big news there. If it comes to be like that ADA will really pump in price so I would hold for now.
That will probably pump the price a bit but his investment is just $33 for ADA, it's too little for something to expect a huge return, I doubt you could get a single ADA in one epoch when its staked. It will take years for $33 worth of ADA to be $500 but it may just be worth the wait since the adoption of cryptocurrency is increasing particularly in Africa. Who known what could happen when ADA development of the smartcontracts and tokenbridges will bring ADA to its full potential.
I still find it really weird that people with enough technical knowledge to mine Ethereum still have questions like this. I mean first of all, how you can be buying ADA when you mine ETH, and then buy BTC.
Just keep mining your ETH and hodl. When ETH 2.0 comes and it's full staking you'll really be glad you stashed up on Ether because everyone will be staking it.
Just keep mining your ETH and hodl. When ETH 2.0 comes and it's full staking you'll really be glad you stashed up on Ether because everyone will be staking it.
So the thing is mining ethereum was just a temporary hobby. I used my RX 480 4gb GPU to mine ethereum for a month and a few weeks. After the pool sent me my ethereum I waited a bit until ethereum reached its peak and sold it for 103$ (initially 86 from mining). I then used the 103 in my exchange to buy 66% bitcoin and the other remaining in ADA. Just because I have enough knowledge to mine doesn't mean am a good trader. I cant mine more ethereum as 4gb cards cant mine ethereum anymore, I was lucky to be able to mine for a month and I dont have that much spare money to buy more eth so I decided I would learn how to trade and put the money to good use instead of cashing it out like any other 19 yo would do. And that's how people learn at the end of the day, thx for ur comment.
Keep ADA for the time being because alts season is approaching, and you don't want to be left out. Take profit as ADA hits its All-Time Peak and Though the sum is small, if it pumps, the OP might make a lot of money. As a result, he can keep an eye on the ADA market and sell when it peaks. In the very least, you're selling for a profit rather than a loss.
You do both with that amount.
That's not a big problem that you should be thinking because you can test the market with that amount and see which will benefit you most. It's like an experiment to you that you must do it without any regrets.
But if I'll be doing it, I'll forge ADA and buy it with bitcoin and keep up with the market to accumulate more.
That's not a big problem that you should be thinking because you can test the market with that amount and see which will benefit you most. It's like an experiment to you that you must do it without any regrets.
But if I'll be doing it, I'll forge ADA and buy it with bitcoin and keep up with the market to accumulate more.
Don't worry, because I think ADA still has the opportunity to grow even bigger in the future. indeed a sharp decline was experienced by all altcoins, but the decline did not last long, look at the market today, the green sign has started to look soothing to the eye. be a patient holder, because that is the key to trading. You don't need to check your total portfolio every time, because it can mentally affect you to sell at lower prices. Stay in control of your emotions, and think for the long term.
ADA is a potential coin, but it's your choice if you sell ADA and switch to bitcoin, but maybe you can divide the percentage into part of ADA and partly to BITCOIN because when bitcoin increases altcoins will be pumped too, and you can get profit from two places.
In weekly chart both ADA and BTC is down almost 20%. So I think you should stay with ADA there. Cardano is one of those top alts of crypto market. Don't forget that ADA will also follow the bull trend beside bitcoin. Your portfolio amount isn't so high, it would be better if you can manage some fiat funds to invest in bitcoin during this dip.
is not it better to hodl both? Even when you are converting all of your money on ada into the bitcoin and it doesn't give you guarantee you can get decent profit from your money.
You are only using small amount of money and i think that you should not feel worry about that dude.
I personally will try to hodl both rather than all in bitcoin. We can take the advantage from both.
With that amount and you will get very very small profit on bitcoin.
You are only using small amount of money and i think that you should not feel worry about that dude.
I personally will try to hodl both rather than all in bitcoin. We can take the advantage from both.
With that amount and you will get very very small profit on bitcoin.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
Hold both, selling an asset that you own while the price is down is a blunder that resulting in you are losing half of the money you have. The ups and downs of prices in the crypto market have occurred frequently, so you have to be ready when the market is down, Bearish condition is only temporary and the market will return to Bullish in the next few days. Panic sell will make you lose everything, now all you have to do wait until the market gets better again.
What is the main reason of buying ADA? Take profit? Save money? or what?
If you want to take profit just wait the best price. Trading without any knowledge is a bad idea. It's your money and it's too risky.
Save money in token that you don't know also bed. Try to be with market and not fight it.
If 100$ isn't a big money and you can pay them for experience that's a good approach. With more experience and knowledge, you can increase your crypto investment. You will have time for the next growth.
If you want to take profit just wait the best price. Trading without any knowledge is a bad idea. It's your money and it's too risky.
Save money in token that you don't know also bed. Try to be with market and not fight it.
If 100$ isn't a big money and you can pay them for experience that's a good approach. With more experience and knowledge, you can increase your crypto investment. You will have time for the next growth.
If you still believe that ada team will deliver the best platform, why would you sell it ? Why people dont understand that market sometimes down and sometimes up ? Trade only make you lose more money if you buy ada at its previous ATH $1.3 . I would rather put my ada in to my cold wallet and let it for years.
I still find it really weird that people with enough technical knowledge to mine Ethereum still have questions like this. I mean first of all, how you can be buying ADA when you mine ETH, and then buy BTC.
Just keep mining your ETH and hodl. When ETH 2.0 comes and it's full staking you'll really be glad you stashed up on Ether because everyone will be staking it.
Just keep mining your ETH and hodl. When ETH 2.0 comes and it's full staking you'll really be glad you stashed up on Ether because everyone will be staking it.
It is easy for ADA to bump with more 100% but it is difficult for Bitcoin to do it.
I suggest that you invest in it you might get some quick profits from it, especially its price is not breaking 2017/2018 ATH.
Bitcoin has a very very high fees and 33$ will be lost in fees if you want to exchange or withdraw your coins and I don't expect it to increase in price in the coming days.
I suggest that you invest in it you might get some quick profits from it, especially its price is not breaking 2017/2018 ATH.
Bitcoin has a very very high fees and 33$ will be lost in fees if you want to exchange or withdraw your coins and I don't expect it to increase in price in the coming days.
if you doubt wouldn't it be better to sell it. but if it's me, I'd rather hold it. buying btc in small quantities is not very profitable. better to hold ADA even at a loss of 1-2$, or you can sell it, but buy back ADA when the price is cheaper.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
Your choice because it isnt really that bad to sell out some coins to buy btc when its still cheap but if you are really after for profit on bigger multiplier then holding youraltcoins isnt really that bad at all but its your choice since its your money or investment which if you do look that it would be worth to deal with Bitcoin then its up
to your to decide but be sure that you wont really regret and dont tend to listen out with other peoples recommendation.Always follow your own
investment decisions so that you wont have any regret if things turns out to be on the other side.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
Whenever there are falls like that of Bitcoin it is time to buy altcoins, in this case you did well, but you did not sell on the ATH, it is normal, few did, when bitcoin goes down all the altcoins go down, at this moment ADA many are waiting that it goes down even more, it is not bad that you sell and buy Bitcoin fast, wait for the bitcoin to rise again and that in the next Bitcoin correction there if you invest in ADA, that is the best way to buy, at least the millionaires do that , use altcoins as a safe haven mechanism. Because ETH is going up so much, many are beginning to suspect that altcoin season is coming, because Bitcoin is falling and many alts are going up, that's reason to think about it. However there is no confirmation of this.
What were you expecting when you split that $100? Concentration of small capital in one asset is better than diversifying. You should probably establish your BTC portfolio before moving into altcoins. Some people also prefer investing in alts first so they can accumulate more bitcoins.
I agree with you point. You should focus on one asset instead of splitting your capital like this because you only have a small amount of money. But in my opinion, selling ada for bitcoin is not a good idea even though bitcoin is a good coin whenever there is a dump. I suggest you should continue to hold your coin
Keep ADA for now. They have Africa Special in 6 days and maybe they will present some big news there. If it comes to be like that ADA will really pump in price so I would hold for now.
If there will be upcoming significant event for ADA, I would suggest to hold for it. Though the amount is not that big, but if it will pump, the OP may get good profits. So he should be keeping an eye with ADA's market and sell when it pumps. At least, you are selling not at a loss but in positive profit.
Keep ADA for now because alts season is coming and you do not want to be left behind. When ADA pumps and reaches its All-time-high, take profit when you are already satisfied with your gains. Then let your gains in Bitcoin because many say that after Alt season, Bitcoin will dominate again the market and experts predict that it will reach $100,000 or more.
I think this is not just for now type of deal, it is a long term deal that you have to consider. Do you think ADA will go up faster than bitcoin? Because if you think ada will go up faster than bitcoin that means you should hold your ada, but if you think bitcoin will go up faster than ada, then you should sell your ada at a loss and buy bitcoin. Nobody knows for sure which one will happen, nobody can guarantee you anything and that means you have to either make decision yourself, or you have to listen to someone else who doesn't know neither but talks like they know.
I personally can't tell you which coin you should be picking up, I have my own coins, I buy few of them not just bitcoin or ada, and I keep buying and investing them and think long term, if you know what you are going to do keep doing that but if not you should just ask yourself the first two questions.
I personally can't tell you which coin you should be picking up, I have my own coins, I buy few of them not just bitcoin or ada, and I keep buying and investing them and think long term, if you know what you are going to do keep doing that but if not you should just ask yourself the first two questions.
Keep ADA for now. They have Africa Special in 6 days and maybe they will present some big news there. If it comes to be like that ADA will really pump in price so I would hold for now.
What were you expecting when you split that $100? Concentration of small capital in one asset is better than diversifying. You should probably establish your BTC portfolio before moving into altcoins. Some people also prefer investing in alts first so they can accumulate more bitcoins.
A few days ago I had 100$ in my portfolio that I got from mining some Ethereum. Without much thinking I bought 66$ worth of bitcoin when BTC was selling for 60K. I also bought some ADA Cardano with the remaining 33$. Now both bitcoin and ADA prices have dipped significantly. I was wondering should I sell my ADA for the loss of 1-2$ in order to catch more gains in the next Bitcoin bull run?. Or should I hold both of them. To me holding 30 bucks worth of ADA isnt that good in the long run. I am planning on investing larger amounts in ADA as I honestly believe in their project, once I get hold of things and establish a decent portfolio. Am new to trading and am still learning the technical and fundamental aspects of things. Any advice is appreciated!.
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