Bitcoin Forum

I've been buying up a few altcoins at the market low prices of the past month.  Currently HODLing Ripple, EOS, Litecoin, and Stellar.

I've been reviewing topics here and elsewhere, and I see Cardano / ADA mentioned now and then as one to buy.

The question is, why?  What potential does it have?  What is it good for?  What can it do that other coins can't? 

I really don't care about the long term viability of any coin, all I care about is how much money I can make.  According to its history on coinmarketcap, Cardano only ever popped over $1 for a couple days in very early 2018.

If I bought at the current price of five cents and waited, it might get back to a dollar for a nice 20x gain, but I want more.  And what if it doesn't pop again in the next bull run?  Why would it pop?  What if it just trickles off into nothingness like 98% of other coins? 

Tell me why I should buy it.

If you are expecting for more than a 20x return on your investment then i think you are living in a dream world.

Sure some coins will turn 20+ in 2019 but predicting which will do so is impossible. Anyone who tells you they can is lying to you.

But if you want to get rich then you need to be investing in HoloChain  8)

a coin needs two aspects to continue to increase and survive. that is a good and solit development team, then enough funding for the development. and ADA has both aspects. so ADA will continue to increase and survive.

Every people should not invest in cryptocurrency for a long time due to the fluctuating trends, just like Cardano. Just be sure you are not putting all your money.

I don't think anyone will tell you to buy Cardano when you want to get 20x profit, I just don't think that could happend, twice or five times profit might still be happened, but 20x.. meh, if it was a traditional investment you might get it if you hold it for 10-30 years, but no one really knows what will happen with crypto and it is very risky, so do not put your hope too high man.

You want to make a lot of money, and find good and cheap altcoin, then ADA course is a great option for you to invest. ADA is currently very low and hard to go lower, this is the most reasonable buying area possible in 2019

Investment should only be needed because the current market is difficult to predict and ADA is among them. Personally, I still see that ADA is a good project and has been developing widely in recent times, so the investment consideration at this time is a good choice because I highly appreciate the development team of They and their communities are tending to keep the ADA for long-term goals

In fact, I think that investing simply does not make sense, since today, apart from waiting for a good product, this project does not carry anything else. Therefore, I see no reason to invest there.

This year, the Cardano team made a lot of technical updates and also entered into many partnerships. so this coin is definitely alive and it will grow when the bull market will come

There are some coins in the market. These coins can annoy people. For example, XRP and ADA are such. They do not fit the expectations of the market. Unexpectedly, their prices may rise  and unexpectedly as they fall. I recommend that you stay away for your health.

there is nothing to say, if you are still hesitant to buy ADA coins then don't make a purchase, there is no 100% guarantee to go up in price even though there are many predictions, if you are more sure to buy another then it is better.

You are worried too much if it don't go in the bull run.

The best thing that you should do is to think of 100 times before buying this coin. And recently though I don't hold this coin, I've seen this article.

Cardano most actively developed cryptocurrency in 2018, bitcoin not even in top 50 (https://www.moneycontrol.com/news/business/cryptocurrency/cardano-most-actively-developed-cryptocurrency-in-2018-bitcoin-not-even-in-top-50-3350361.html)

This may not be the best time to buy a coin.
I think the cryptocurrency in the first quarter of 2019 may continue to depreciate, so I think I need to wait patiently for the next opportunity to buy coins. But perhaps the cryptocurrency market will suddenly rise, and if the cryptocurrency market suddenly rises above $5,000, then you can buy coins.

Actually, I don't agree with you.

Cryptocurrencies still can be profitable. In this worst situation, true investment is getting profit to investors.

For example Ripple, Waves and these days TRX. Even BTC price falls, didn't affect XRP rise. And after Waves. I think, it still profitable. But now, it needs info and attention.

20x? If you really count on it, then I have bad news for you. Your expectations are far from reality, and the fact that you are asking others to find reasons why you should invest means that you didn’t carry out your own analysis, I suppose you also chose other coins on someone’s advice.

In my opinion nobody can tell you for sure that the exact coin will give you the huge profit. You should better pay attention to the developing aspect and technical side of the platform or coin. Lots of people may consider the coin to be perspective and you may see some aspects that made you hesitate, so just listen to your mind, at least you will not regret after. But in case you want to buy and get guaranteed high profit rapidly, you should better not forget that the crypto market is unpredictable and may surprise you both in nevative and positive way. As for me I think that the ADA is a perspective coin, and nowadays has lots of pluses, more than minuses, but to invest in it or not it is only your choice.

one thing I know from cardano is cheap coins that are similar to ethereum, with fast transaction speeds. although the platform is still the best for ethereum. but in many articels it says that cardano is the next generation ethereum

If you want to invest in cardano (ADA) then invest with long term goal as they are developing their ecosystem step by step. They have huge community supports and followers and their team background is also good. If you are long term investors than invest in ADA without hesitation as the price will grow gradually in upcoming times.

I think that low-cost purchases of promising altcoins can lead to higher profits when the bull market comes.

I would not advise you now to invest in this project as now it is far from the best time and it is better to wait until the price starts rising again

You can read here to know why and why not you should invest in Cardano - https://coinswitch.co/info/cardano/what-is-cardano

I will not tell you anything so that you invest in Cardano because I also see no reason to invest in this project. It really has nothing promising, except white paper, which is generally written remarkably.

Cardano is a third generation crypto that is far more advanced than ethereum. Cardano benefits from better security as the code cannot be modified as easily as ethereum, hence the number of hacked ICOs on ethereum. Also ADA is popular in Japan which has many whales

Why not invest on trading coins on binance? Its quite much more promising as we are doing something to earn. But I guess the best altcoin for investment on long term is Ripple. Still strong.

In any case, today the most relevant is ethereum coin. never words on paper were more important than the situation in the cryptocurrency market.

Cardano is one of the most famouse altcoins now. It's blockchain has some similarities with Ethereum blockchain but it's more faster and cheaper. I think it's a very ambitious project and it's interesting to invest in it.

I agree, now all the coins are falling and I think you do not need to buy now because you can go into the negative at the moment , I think it is worth buying only when there is a breakout of the resistance line

I think the Cardano project is really good for investing as the developers are actively developing their platform and offer us a smart contract like Ethereum and NEO. So I think this coin is a good investment, but only for a long term.

Honestly, it seems to me that it is not worth buying these coins at all, they will no longer do the X's that many dream of!

There are actually not many reasons, or rather it seems to me that there are simply no such reasons. As I continue to say that many promises that were previously written were simply not fulfilled today, the price as a whole should generally equal 0

ADA Coins's future is bright and it can be much better in the future. This coin has more than 25 exchanges. Many people with ADA coins are doing a good amount of money and they can be invested. And is ranked the 11th ranking at a coinmarketcap

I see cardano is a good Dapps platform, they have a POS system. this is a very interesting thing, if we compare it with ethereum Cardono like the next generation of ETH. I say this for a reason. cardano was developed by former CEO Ethereum. so it's normal if we see that there are some similarities with Cardano.

I would not suggest buying because that is your decision. but I just want to say cardano can be an alternative to Dapps besides quality ethereum.

I like this project due to real problem and a good team, but... The recent kinda civil war around cardano made me worry about its future. There are three companies behind cardano - Cardano Foundation, IOHK and Emurgo. The problem is that the first one doesn't perform duties properly, so the community complaint about it. There was a conflict and IOHK and Emurgo have decided to split out from Cardano Foundation. This shows that there is not all that good in cardano from the organizational standpoint and it could be a great threat for its future.

It absolutely it have and so its potentiality still exist.  Though it considered as one of the top 20 coins still we can expect for another exponential value by now since we're in the hard situation. However,  it could possible soaring high if the market will bounce back from the drowning.  But for now,  you can't expect more profits on it and even in the other coins.

Cardano  has a promising future in which you are going to make a lot of profit in future and I think that is the main  of all investors but I can't promise that you can make 20x of your investment.

Congrats you have a big brave heart buying altcoins in this time of difficulties crisis of crypto, choosing lictecoin and stellar is a great decision. And adding Cardano coin is depends on your decision i think you read all comment of people cardano is one of most potential coin in the future.
At this time buying altcoins is opportunity investment because i still believe in the near future possible to give huge profits holding for long term.

I think that nowadays there are hundreds of useless cryptocurrencies without any special idea. But also there are quality projects with great products and high-leveled teams. And Cardano is one of them. If you want yo invest in ADA, it will be the right choise

Now not one project will not give a guarantee that it will soon unfold and bring profit to its investors. Having invested your funds there is a very high probability of losing everything. Therefore, about the Cardano coin, we can say that the project has its advantages among other altcoins in this market, and also has its own community, which believes in the great success of the coin. Therefore, I do not see anything wrong if part of their funds to invest in the project Cardano. I think the probability of profit is very high.