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Author Topic: If you are given this opportunity to choose which one will it be  (Read 268 times)
RussianEnglishTranslation
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June 15, 2022, 11:33:23 AM
 #21

Seeing Avalanche lose 80+% of its value compare to its all time high looks like a very tempting buying opportunity to me, if you are given the chance to only pick a wallet with 5000 pieces of Cardano or Avalanche which one will you go for and why?.
I wouldn't pick either. I don't think the progress that Cardano made over the last 7 years is significant enough. They just aren't competitive tech wise to other projects like FTM, MATIC and CNDL. As to Avalanche, I don't hold any and I preferred to participate in DeFi on Fantom in the past instead.
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June 15, 2022, 11:35:47 AM
 #22

In my opinion AVAX and ADA are coins that have great potential and prospects in the future, but if you look at the supply of each of these coins on the market, then I prefer AVAX because the supply is smaller than ADA, of course the coin has a great opportunity to be able to increase even higher in the future.

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June 15, 2022, 11:43:53 AM
 #23

The two coins are good of course, but for me I choose Cardano, although the market is currently in a big bearish cycle but big projects like Cardano and Avalanche have a great future regardless of the current price drop.
Cardano is a great project with a great vision for the future with an energetic team looking to constantly develop the network, we will surely see a big rise when the market recovers.
Also Avalanche has a good project despite the big drop at the moment, but this may be a great opportunity to buy from this point and wait for the market to improve

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June 15, 2022, 12:01:04 PM
 #24

Honestly speaking I would buy both 50% each because diversification is always good one should not depend only on one coin. But my friends there are some other good options that are old coins tested and trusted even you can check the top 10 coins if you find anyone good can consider adding that also.

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June 15, 2022, 12:27:55 PM
 #25

Seeing Avalanche lose 80+% of its value compare to its all time high looks like a very tempting buying opportunity to me, if you are given the chance to only pick a wallet with 5000 pieces of Cardano or Avalanche which one will you go for and why?.
They are of the closest comparison and similar market status...but for me, I'd choose Avax this time. Though Cardano has existed for a quite long time in the market, however, my trust is in favor of Avalanche.
Honestly, in investing we don't just talk about market performance but also we consider what we feel. I know both of them to have the potential and no regrets about choosing any of them. But as I've said, choose the project that you think was good.

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June 15, 2022, 01:04:10 PM
 #26

ADA and AVALANCHE were competitors. Both have almost the same spesification. It's hard to pick which one the best from both of them. ADA is far stable compared with avalanche in term of the price but avalanche is still undervalued at this moment caused by it was going back again to the bottom. I will pick avax as a good bet for long term although some people said that this was bad for now but i don't care so much about that caused by these days it's better to make money in short term rather than long term.

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June 15, 2022, 02:33:57 PM
 #27

Seeing Avalanche lose 80+% of its value compare to its all time high looks like a very tempting buying opportunity to me, if you are given the chance to only pick a wallet with 5000 pieces of Cardano or Avalanche which one will you go for and why?.
Perhaps, I will prefer Cardano over Avalanche because I see the potential for Cardano to develop will be better than Avalanche. But if I could choose both, I'd choose Cardano and Avalanche Grin

But what is clear, the two altcoins are not two that have a high potential to increase because there are ethereum and bnb, which are still above the two altcoins. So ethereum and bnb will be my focus on altcoins.

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June 16, 2022, 01:53:24 PM
 #28

It is not only Avalanche, bitcoin and other top altcoins are going down as well.
So, it is indeed the right time to buy some of them, that is the chance to buy low in this bear market.
Personally, i prefer to use polygon than avalanche, but it is ok if you want to buy avalanche.

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June 16, 2022, 02:22:23 PM
 #29

Well, I am supposed to sa that these coins are worth buying, maybe if I have some spare of money I would choose Avax instead of Cardano. I really see the opportunity with them but for now, I have been spending more on Bitcoin and ETH, which kinda be the best choice in this current situation.

I think you have already heard and read some replies, it is up to you now to decide as per to see that we have different opinions. I would just to say that you also have to listen to your heart and use your instinct as this sometimes works.

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June 16, 2022, 02:58:35 PM
 #30

Don't buy altcoins in middle of bear market because altcoins will be divided many times, and lose their values more dramatically than Bitcoin.

In middle of bear market, you should either keep your capital in fiat currencies or in Bitcoin only.

Then when bottom confirms, you can buy Bitcoin and top altcoins like Ethereum and BNB. For tier two and lower tier altcoins, you must wait for first rallies from Bitcoin and Ethereum to avoid bull traps.

Buying altcoins especially shit coins in middle of bear market will cause bankruptcy for your portfolio.

Both AVAX and ADA are really potential, if anyone is holding I think should hold, should not sell at this time. To start choosing coins to buy at this point, as you said choose only bitcoin or ethereum, only these two coins can guarantee our safety during bear season. If the market keeps falling a lot of altcoins will be divided many times and it will probably never recover after that, bitcoin and ethereum not.

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June 16, 2022, 03:03:04 PM
 #31

Seeing Avalanche lose 80+% of its value compare to its all time high looks like a very tempting buying opportunity to me, if you are given the chance to only pick a wallet with 5000 pieces of Cardano or Avalanche which one will you go for and why?.
Basically everything depends on the market trend. AVAX would definitely be a good investment if the market came from a bear to bull. But many of us cannot be confident about the stability of the market so our target is to invest in either BTC or Ether. However AVAX is a reliable platform which is far below from the all time high so investing here will be profitable at the moment.

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June 16, 2022, 04:55:23 PM
 #32

Seeing Avalanche lose 80+% of its value compare to its all time high looks like a very tempting buying opportunity to me, if you are given the chance to only pick a wallet with 5000 pieces of Cardano or Avalanche which one will you go for and why?.

Both coins have huge potential so both would be good picks. I would invest half on my funds in ADA and half for AVAX. I've seen how these coins developed and reached their ATHs as so I believe that they could reach more when the market recovers. As for me, it will be a good time to buy these coins.
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June 16, 2022, 05:53:26 PM
 #33

I think it's really hard to choose between the two because they are both very powerful and valuable, and I'd like to have both. But at the moment, the market is bearish and if I get the chance I will go this time with ADA because when the market recovers from the new during the oversold surely it will rise again to reach higher peaks than it is
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June 16, 2022, 08:54:55 PM
 #34

Anything that was trading at the bottom price must be considered as opportunity no matter what kind of coin as long as these are major coins and still worth to buy. i know that some people may feel disappointed caused by they were buying at the peak price but yeah.
That is how people feel frustated caused by buying at the top. So, i don't care anymore about that. I meant avalanche was offering very big opportunity along with ada coz both traded at the bottom price.
I just take both of coins as my portfolios.
Buying at the top doesn't even have to be the end case for these people. They need to learn that where you are buying doesn't matter, how you approach it matters. For example, if you have 10k to invest, if you buy bitcoin at 68k with all of your 10k then you made a big mistake.

But, if you bought 2.5k worth of it at 68k, and 2.5k more at 50k, then 2.5k more at 40k then 2.5k more at 30k, then you dropped your average to around 45k, and yes that is not great, but it is much better than 68k as you can see, 20k+ lower. This is why you should always reconsider DCA method, it would allow you to make sure that you do not end up buying at the top price.

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June 16, 2022, 10:10:55 PM
 #35

I think it's really hard to choose between the two because they are both very powerful and valuable, and I'd like to have both. But at the moment, the market is bearish and if I get the chance I will go this time with ADA because when the market recovers from the new during the oversold surely it will rise again to reach higher peaks than it is
ADA is old already and it still performing well. While Avax has a growing performance that caught the attention of many investors. Choosing any of them is still a good decision and feel no regrets. But what really matters is we make an investment in potential altcoins that we know will give us a profit (a big profit is possible) if we wait for the Bullrun. Importantly, we know how to manage investment otherwise, even choosing highly potential coins could make us losses if mismanage.

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poodle63
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June 16, 2022, 10:25:08 PM
 #36

cardano seems to bounce back quite higher compared with avalanche.
I'd say that if I were given such chance then i'd definitely go all in with cardano for the simple fact that it seems performing quite well even in the middle of bearish, it's just it has no choice but to follow the flow of the market.
but honestly you couldn't go wrong investing in both of them since they are already good enough for anyone to invest, and it seems they aren't gonna repeat the same mistake that luna has.

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June 16, 2022, 10:53:43 PM
 #37

Seeing Avalanche lose 80+% of its value compare to its all time high looks like a very tempting buying opportunity to me, if you are given the chance to only pick a wallet with 5000 pieces of Cardano or Avalanche which one will you go for and why?.
^ Probably ADA has potential if you compare it to AVAX, ADA has proven recently while the one that you compare is the new one.
But to be honest, I won't give a large allocation of my investment an altcoins like this, I am still on BTC which is my first priority, and the next one if there is an extra capital, I will go with altcoins, something like 25% total of my investment allocation was on altcoins.
If you will invest both much better, I did not see wrong in AVAX too, I cannot tell my prediction but it seems this coin will also have community support that possible will pumped soon.
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June 17, 2022, 12:01:06 PM
 #38

if you are given the chance to only pick a wallet with 5000 pieces of Cardano or Avalanche which one will you go for and why?.
If you compare AVAX and ADA, of course, these two types of crypto, including the target of investors, even though they are currently experiencing a bear market, but that means AVAX and ADA are not good.

Indeed AVAX has occupied the high price of $146, if you look at the Max Supply, AVAX only has 720,000,000, while Carnado 45,000,000,000, which means, AVAX has a greater chance of winning, I definitely prefer AVAX for the opportunity.
I wouldn't buy AVAX or ADA for a long term investment. I think other projects will do better, like Flare and CNDL. Both of these projects are technically superior and will offer a better return IMO.
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June 17, 2022, 12:21:18 PM
 #39

I will choose AVA over ADA because, honestly, after many years of witnessing the birth and development of many different platforms, I do not have too much faith in the ecosystem that ADA is building. It may not be the right time, but it's still a big question for many, myself included, when ADA's own ecosystem will be more competitive. However, on a positive note, both AVA and ADA have provided excellent returns since my entry into this market.

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June 17, 2022, 12:24:29 PM
 #40

cardano seems to bounce back quite higher compared with avalanche.
I'd say that if I were given such chance then i'd definitely go all in with cardano for the simple fact that it seems performing quite well even in the middle of bearish, it's just it has no choice but to follow the flow of the market.
but honestly you couldn't go wrong investing in both of them since they are already good enough for anyone to invest, and it seems they aren't gonna repeat the same mistake that luna has.
After we saw the altcoin market weakening in the past week, today we can breathe a bit of relief after the movement of some altcoins seems to have shown signs of improving, from some altcoins that are starting to improve it can be seen that Cardano looks be rising quite high with almost 14.76 percent strengthening in the last 2 days, it seems that those who bought when the price of cardano fell in the last week today look quite happy because they were able to get a big profit.

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