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Topic: Using Cardano as a hedge against Ethereum - page 2. (Read 247 times)

sr. member
Activity: 1400
Merit: 347
October 14, 2020, 10:53:22 AM
#1
I started buying ADA just in case Ethereum 2.0 takes too much time to be implemented, which could impact ETH price. The most close competitor is Cardano, so I thought about building a hedge in ADA. In case ETH goes down, ADA could go up, as projects would move to the Cardano network.

However, I dont know how much, percent-wise, I should buy of ADA. Should I put 10% of the value of my ETH stash in ADA? Or 20%? How much would you recommend? This is for security purposes. I still believe ETH 2.0 will succeed.
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