Based on the information I read that Cardano will launch its smart contract this month (CMIIW), if successful it will become a competitor to ETH and increase the price of the ADA coin.
Where does that increase the Cardano's price from? because as long as the demand in the market does not increase on Cardano, then the price of Cardano will not increase even though it has launched its own smart contract within this month, because the news about it does have an effect on Cardano, but the very basic thing is in the buying demand for Cardano in the market .
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No need to worry mate. Be strong and stand still despite the market experienced a sudden dump. Bitcoin is showing again its potential and dominance in this decline. Moreover, in due time the Bitcoin and some of altcoins will recover again in a matter of time.
Those who have invested a lot of money into the cryptocurrency space will always be worried that there will be a large drop in the market, because simply losing money is not everyone's goal and it is a very bad thing to happen under current conditions.
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yes, the market was growing day by day but now the situation is not good so if anybody wants to invest hare at fast need study BTC if BTC condition is good everybody can profit by trade otherwise not possible profit.
Profit or not profit in investing and trading really depends on the coin you choose and can survive in any conditions, because in every condition we must always use a very wise strategy so that we do not lose in every investment and trade
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Almost everyone has experienced problems, especially those related to the crypto world, be it trading or otherwise, if you make a mistake in buying some junk coins, it's a sign that the analysis you made is not right, so the purchase is meaningless at all, it requires careful analysis. carefully and from every purchase you make.
It's actually very easy to mark coins to buy during corrections and also during bullruns, because apart from choosing the best in terms of ranking, everyone can also see which coins are being developed by the team to get great attention from all investors, for example HEX, and SOL, so both are also very good to buy although the ratings are still not as good as BNB and ETH
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yeah it’s happened with me and my friends. when one of my friend continuously invest money to following a famous crypto influencers guidelines and fortunately he made profit but in my own research investment was failed. it seems he made profit without own knowledge but at the end of situation he lost of all money in one meme coin project.
Luck will not always be with the same person and also at different times with the same person, which is why many people prefer to do their own research after seeing what famous influencers have to say on their social media.
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I'm sure there are whales or groups of investors who are trying to manipulate the prices of coins with low market cap. Such situations will always happen. However, the overall trend is improving and it looks like the bulls have come back to push the price for new ATH.
The push for a new ATH will also take quite a bit of time as it would be very different from a correction that could occur in just a matter of days as everyone has seen in the past few days, so this is actually quite normal because it can provide an opportunity for those who haven't bought on the previous correction even though it's a harsh reality for the coin holders in the long term and haven't sold it till now.
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sometimes this has to be considered, choosing a solid token can affect emotions. this is true, if you have a solid token your emotions will be well maintained and stable. however, if you have a token that is less solid, it might be a little emotionally upsetting because of the worry and fear of loss. This is a valid statement and can be justified
It is indeed a very common thing that happens to all humans when he holds a certain token and as long as he holds a good token, then there is no need for fear or excessive emotion in dealing with all the realities that exist in the market today.
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I have some money on Cardano and Stellar Lumens. Cardano because I really believe it will be one of the greats in a not so distant future, Stellar because of the fast and very cheap transactions, and the big companies that support it.
If the reason you're holding Cardano is because it's going to be great in the near future, it's still perfectly logical for anyone to keep, but if the reason you're holding back Stellar Lumens is because transactions are fast and cheap, then it's a bit illogical because there are many other cheaper options in the market cost issues and also faster in terms of transactions
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BNB is one of the altcoins that has very good prospects, because its growth is increasing from time to time, even though BNB is currently experiencing a slight decline but binance is still very popular, I think it is not impossible that binance will reach $ 1000 in the next few months.
If in the next few months the market conditions are no longer as they are now, then in general the possibility will definitely happen, because BNB is a coin that has full support on its own exchange and full support for the existing BNB network, so it's not impossible to happen to BNB.
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I think the opportunity is still there for ADA, because in the near future ADA has an important update that could make it possible for him to hit 3$, this is just my personal prediction
Let's talk according to the data that has happened, because for the price of $3 on Cardano, I think it has happened to Cardano earlier this month, and if you didn't get to see it, then I'll give you a little snippet that I took. take it from coinmarketcap.
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3$ may be very difficult for xrp, but I'm sure when the problem with SEC is over to reach 3$ I think it's quite easy for xrp, but right now the market is not good so I think it's quite difficult for this month xrp to go to 3$ even 2$
Until when will you see the reason for a problem with XRP ? did you not see the improvement in XRP before this correction occurred? then if when XRP has increased he is finished from the problem? come on bro, think wisely and positively, because not all the declines that occur in XRP are just because of problems, but because of market conditions, that's all.
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This will happen but you will wait a long time. The latest Eth system is currently very helpful, every transaction there will be an amount of eth that is burned, of course this will reduce the circulating supply. While Eth's transactions are now very large, as can be seen from the very high gas fee.
It won't be too long if everyone has to wait to see that, because the price of ETH will continue to hold and increase after the completion of the correction because the effect of burning and supply reduction is a very good and big thing, moreover the number of enthusiasts for ETH is now never reduce.
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After I take time to check project details I can confirm there is potential. Your advice looks ok but nobody can be so sure when rise will happen. I think end of year can be interesting period. If sooner than even better. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) A better period at the end of this year is also uncertain because market conditions often change in a matter of days so that whatever is predicted can fall short of what everyone in the cryptocurrency space wants.
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defi area is in shadows now nfts took all the attention and it's a great time to pay attention to some projects like peak for example I find this one attractive
Before there are new things that are more interesting than NFTS, now the attention will always be on NFTS, and DeFi is still in demand even though it is slowly starting to decrease and people are starting to turn to NFTS
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Among the impossible, there must be the possible. Cardano or ADA in my opinion is a good coin apart from the current ETH you mentioned. Cardano is a coin with great fundamentals that could grow big this year.
That's obvious because right now Cardano is also going through a very good and big improvement, and I've been monitoring it very often in the market over the past week, is anyone sure that Cardano will reach $3 in this year?
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Current number of post (Including this one): 408 BEP20(BSC) address: 0x09095C90861D28a67B737c82e07652fBA42083ec
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