Is Cardano still a good investment?

[onecall123]

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

You don't know more about Cardano and you want to invest your money, when we have many potential altcoins in n the market that can give you double income if you can apply long term holding in that particular coin. There are some moved in the crypto market few days ago that make many altcoins price change positively which is a sign that Cardano will pump higher next year if you will be able to buy now and hold for the price to increase higher before you can visit the market to sell to make some income. If you are a short term holder, I don't think you will be able to make that kind of income from Cardano investment, because it require long term holding for you to be able to achieve something reasonable from your investment.

Finally, Cardano is walking up.

Cardano is one of my few long-term investments besides BTC. I've been holding since September 2021. For those who understand the 4-year cycles, while it definitely requires patience, so I'm feeling pretty good right now. I don't know what will happen next, but I feel good. From my understanding making a reasonable amount from altcoin investments requires luck because there's no shortcut.

[electronicash]

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

You don't know more about Cardano and you want to invest your money, when we have many potential altcoins in n the market that can give you double income if you can apply long term holding in that particular coin. There are some moved in the crypto market few days ago that make many altcoins price change positively which is a sign that Cardano will pump higher next year if you will be able to buy now and hold for the price to increase higher before you can visit the market to sell to make some income. If you are a short term holder, I don't think you will be able to make that kind of income from Cardano investment, because it require long term holding for you to be able to achieve something reasonable from your investment.

Finally, Cardano is walking up.

Cardano is one of my few long-term investments besides BTC. I've been holding since September 2021. For those who understand the 4-year cycles, while it definitely requires patience, so I'm feeling pretty good right now. I don't know what will happen next, but I feel good. From my understanding making a reasonable amount from altcoin investments requires luck because there's no shortcut.

4-year cycle is because of BTC halving, altcoins are just pulled up because all crypto prices are based on satoshis. but according to some people on some podcasts, the waking up of Cardano was because of their TVL on the Defi ecosystem which investors are starting to trust Cardano.

all i thought was that people were trying to get their hands on DUST token which will be airdropped to the ADA holders. 
started buying at $0.28 now i'm in profit. i wanna see how high it could go.

[mich]

I do think Cardano is still good if you want to invest in alt coins and not only Bitcoin. I am reading many 'bullish' articles saying Carano is going to moon after the Bitcoin halving.

And it is still a project that has the strong community to support it. Cardano founder Charles Hoskinson thinks his project is good enough and not wanting a partnership with XRP that was talked about before.

https://dailycoin.com/cardano-founder-against-partnerships-with-xrp/

[rodskee]

I do think Cardano is still good if you want to invest in alt coins and not only Bitcoin. I am reading many 'bullish' articles saying Carano is going to moon after the Bitcoin halving.

And it is still a project that has the strong community to support it. Cardano founder Charles Hoskinson thinks his project is good enough and not wanting a partnership with XRP that was talked about before.

https://dailycoin.com/cardano-founder-against-partnerships-with-xrp/

If bitcoin is going to the moon in halving then cardano will follow? is that what they
wanna people believe? but that isn't a bad idea after all because at least after Bitcoin then we can turn
into cardano investor till it grows high also and leave 

anyway I am not also a fan of Cardano so i really don't care what does this mean
if happen and I am not interested .

[mich]

I do think Cardano is still good if you want to invest in alt coins and not only Bitcoin. I am reading many 'bullish' articles saying Carano is going to moon after the Bitcoin halving.

And it is still a project that has the strong community to support it. Cardano founder Charles Hoskinson thinks his project is good enough and not wanting a partnership with XRP that was talked about before.

https://dailycoin.com/cardano-founder-against-partnerships-with-xrp/

If bitcoin is going to the moon in halving then cardano will follow? is that what they
wanna people believe? but that isn't a bad idea after all because at least after Bitcoin then we can turn
into cardano investor till it grows high also and leave 

anyway I am not also a fan of Cardano so i really don't care what does this mean
if happen and I am not interested .

Well yes it is something that I do think is going to happen. We know when the price of Bitcoin goes up well then so do the price of the alts.
Charles Hoskinson also did say this year is going to be very great year for Cardano. And I do like the projects when the founders discuss the projects in public like on social medias.
“2024 is going to be a great year for Cardano,” said Hoskinson, “2023 was actually a great year, all things considered -how much progress we made and how many things we thought through and did. This year, we’re just getting started.”
https://zycrypto.com/charles-hoskinson-predicts-unprecedented-growth-for-the-cardano-ecosystem-in-2024/

[Justin999]

If a altcoin don't bring anything new then it will lose its marketcap and value over time. Although Cardano (ada) is also same but somehow this altcoins still popular and still in top10 list even after dump 87.83% from ath of 3.09$ to 30 cent only. But within a year, it pumped at 52 cent currently and showing good growth. New coins should be hold for getting more advantage nut ada is still good to go in my opinion

[JeffBrad12]

If a altcoin don't bring anything new then it will lose its marketcap and value over time. Although Cardano (ada) is also same but somehow this altcoins still popular and still in top10 list even after dump 87.83% from ath of 3.09$ to 30 cent only. But within a year, it pumped at 52 cent currently and showing good growth. New coins should be hold for getting more advantage nut ada is still good to go in my opinion

wonder why cardano couldn't be more popular i remember back then every influencer quite literally are shilling for this coin but it turns out to be a massive flop though its still top 10 but honestly it could perform better if compared with its other competition like solana, ethereum and many more cardano is just falling behind compared to those.
but I guess the price rising about 80% from 30 cent to 50 cent is already good enough but i would be mad if i were a cardano holder and seeing solana taking off and reach 10x of its bearish price.
after all, many people back then also fudding solana so hard.

[niall51]

I am looking to add one more Crypto to my portfolio and thinking Cardano but wondering how high this can really go during the next bull run.

I am looking for a 10x minimum between now and bull run and the current price is £0.29 with a £10billion market cap - the chances of Cardano doing a 10x next bull run are likely right?

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

I personally don't buy Cardano, but if you want to buy, please do your research first before buying so you don't experience losses. Never buy if you don't know what you are buying. Research more deeply before buying because people's opinions on the internet are just data. and don't be fomo about what you say on the internet, be a smart investor

[KennyR]

Even if it reaches the previous all-time high value, it is hard to experience 10X profit investing at the current price of Cardano. More levels of development are under way, and it is said that every layer of development will lead to a good bounce in the market. Being in the top 10 isn't an easy thing, and that itself makes it a worthwhile investment. Few coins on the top order to be watched and don't have a good history of growth were Cardano and Tron. I hope these coins will make a big bounce in an unexpected time period.

[cryptodude]

The decision to invest in any altcoin is entirely up to you. Because different people will give different opinion which you may not like. Moreover, hope may not yield the expected results. You must do your due diligence before investing. Currently I think Cardano (ADA) will not be able to cross its previous ATH very easily. I would say invest in Bitcoin and ETH.

[Tipeform$]

I am looking to add one more Crypto to my portfolio and thinking Cardano but wondering how high this can really go during the next bull run.

I am looking for a 10x minimum between now and bull run and the current price is £0.29 with a £10billion market cap - the chances of Cardano doing a 10x next bull run are likely right?

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.

If you have sufficient funds to invest, you can definitely buy and invest in ADA. ADA is currently in a good position not a bad position. But it would be best for you to hold Bitcoin and Ethereum first. If you focus on unique coins without holding on to coins like Bitcoin and Ethereum, it will not do you much good. First of all invest in bitcoin ethereum then of course you can invest in ADA because ADA investment is very good for me and currently in a very good position I think ADA will definitely give you a chance to reach your target during the bull season.

[merekamo]

Advice :- If you do not know what you are investing just keep away from it.



Instead of cardano just look at ARB, SUI, BNB

For now, Cardano (ADA) is lack. For now, price still $0.5 - $0.55. But, I don't know in future, if OP need for short profit, please leave it ADA. 
For ARB, or Arbitrum for I think still has high feeeven if you have Eth Layer 2. for Sushiswap (SUI) it's a completely open market where any two tokens can be traded without going through a third party. More and more people are starting to see how useful DEXs like SushiSwap are as DeFi gains popularity. I think interested for this. I agree, and I now invest BNB to harving day. I choose it because lower trade fees.

[mich]

Well crypto analyst Ali Martinez is getting ADA hodlers very excited for his price predictions for the coin. He says there is similar patterns to late 2020.

He thinks price of Cardano can surge to price of $7. https://zycrypto.com/cardanos-surge-to-7-ada-price-envisioned-amid-consolidation-pattern-similar-to-late-2020/