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Author Topic: Why do you love Cardano?  (Read 341 times)
bryant.coleman
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February 21, 2021, 12:21:10 PM
 #21

Got tired of ADA and moved to full-time mining. Recently sold mine to buy another GPU. Well I am thankful that even though I lost with Ada I still.manage to cut it for about 30 percent. If you are planing to hold ADA then goodluck because for almost 4 years of waiting i did not manage to get profits, too bad for me I guess.

You could have held on to your coins for a bit longer. I made a similar mistake. I was planning to purchase ADA in 2018. But two factors made me think otherwise in the end. First of all, the exchange rates were going down like a falling rock. ADA lost 99% of its value in just 12 months. I thought that it was going to end up dead pretty soon. Another important factor that weighed in was the difficulty in storing ADA. Back in 2018, there was no lite wallet available to store ADA. Everyone needed to install the horrible Daedalus wallet.
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February 21, 2021, 12:27:32 PM
 #22

What makes Cardano so special in your opinion and why do you hold ADA?

How much of a role does Charles Hoskinson play in your decision to join and stay with the project?


Some people thought that ADA has a strong community and holders kept their asset safe by storing it in a cold wallet. Charles choose to stay with this project, because he trusted the platform of this project. Being part of this journey isn't easy, risk is there so we need also to be careful as well.

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February 21, 2021, 02:00:54 PM
 #23

What makes Cardano so special in your opinion and why do you hold ADA?

How much of a role does Charles Hoskinson play in your decision to join and stay with the project?


Cardano sees a huge increase in the number of new wallets online. The constant growth of new consumers means greater decentralization. Over 55 percent of the portfolios in the network have delegated all their funds to staking pools, marking an important stage in the network's path to full decentralization.


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Rampagoe004
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February 21, 2021, 03:54:49 PM
 #24

Since 2018 ADA is a project that we can rely on for the future and now all our predictions have been proven that ADA has rivaled the top rank in coinmarketcap and this is a very good achievement for a project held by Charles Hoskinson, we see for the future ada prices will continue to increase and this project is very good for us to invest.

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noormcs5
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February 21, 2021, 04:29:13 PM
 #25

What makes Cardano so special in your opinion and why do you hold ADA?

How much of a role does Charles Hoskinson play in your decision to join and stay with the project?


I am following cardano since 2018 and from that time i am bullish on this project. Although ADA is very low in btc term but i am sure that it will grow much more once we see dapps developed on this. I will advise everyone not to sell ADA until it reaches its pervious all time high.

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February 21, 2021, 07:12:44 PM
 #26

Cardano sees a huge increase in the number of new wallets online. The constant growth of new consumers means greater decentralization. Over 55 percent of the portfolios in the network have delegated all their funds to staking pools, marking an important stage in the network's path to full decentralization.

That is actually what the "flip" of cardano was, that is really something huge and it is not even talked a lot, it should be talked a lot more everywhere, I do not even see any topics about ADA passing that 50% mark on pools. In any case, we obviously have seen a huge increase in price of ADA and that means people do realize how awesome it is, just because we do not talk about it too much doesn't mean that we are not aware of it, we just lack the discussions but when it comes to buying people do buy ada a whole lot.

As long as we realize this potential, and decentralization, and all the improvements made on ADA, there is no reason why it would stop. It is already 5th in the rankings, it wasn't anywhere near these levels just a few months ago, so the increase is basically how market said to team "good job" and now we have to wait for the price to either go higher or at least settle a bit.

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February 21, 2021, 08:08:47 PM
 #27

Cardano has a very clear vision and solid values which people can get behind I don't think many other projects have this.
I find incentives voting to be one of the most fascinating aspects of the Cardano platform. IOG is putting just as much R&D into developing an incentivized voting scheme as they did to develop the rewards sharing mechanism and blockchain itself.

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February 21, 2021, 11:30:27 PM
 #28


i like Cardano since i happen to buy some because i saw it's the cheapest coin on top in early 2020. somehow its trading volume is too big to ignore so i read about it and the ouroboros. its quite new so it's a reason to try it out. Sadly i thought of it as just a short term investment that i just bought too few of it. i was about to decide to buy more when the price dip to $0.89 before it spike o $1.11 but i was hoping for $0.75. now its my loss.
I was expecting that also for ADA( Cardano) since it was actually a good coin in the previous years with an impressive market growth but somehow, it goes out something it changes after 2017 Bullrun and I'd never seen it moving forward, seems to be at stuck now. I do investment for this coin, make a trade but just a bad experience, I sold it for a loss and since from that, I'd never look them back and don't have a plan to reinvest.

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February 21, 2021, 11:56:17 PM
 #29

I used to own Cardano and I guess a part of me still has some hope for smart contract coins like Cardano and Ethereum, but I do know they are some ways away from being the game changing coins that I have such high hopes for.  I personally am looking forward to when DeFi is actually a legitimate thing, and smart contracts truly can change a large part of how the finance world works..but I know we are still some ways from the reality.  So both the legal and financial aspect is why I have some hope for this coin.

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February 22, 2021, 01:50:49 AM
 #30

Cardano has succeeded in attracting many people because Cardano has reliable transaction speeds, has a strong community and loyal investors.
after cardano moved to DPOS, many people chose to move to cardano, because by holding cardano they will get daily rewards. These are some of my reasons for investing in Cardano.
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