Is it right time to invest in Cardano?

[BitDane]

I've seen how ADA developed for years and though it still needs more improvements and developments in the future, I believe that it would work well in the long run. It will be best to buy Cardano while the price is still low now but not for a short-term period. There are lots of investors who trust it and I'm sure that it could strike a good spot on the CMC when the market recovers.

ADA is supposed to be promising but the frequent delay of the release of updates somehow degraded it.  When they announce an update, all are very exciting but when the release date is nearing, they often announce delays which somehow kill the momentum of the project.  But still I think Cardano is a good buy for long term investment.

[WalkerIVIV]

thinking in regard at how much of value ada has lost in this current trend, investing in ada could become a great idea, as long as you're willing holding it long term.
right now it seems current negative trend will lasts for even longer, even though with investing right now you get great value that's basically great entry for you, it could become a really long holding until future rally comes in.

[minairia3]

It doesn't seem like they've done well so far in the past year, If you trust it enough you can do long-term investment on it but honestly, I'd rather do short-term investments instead. I don't think altcoins are investments you'd take for long-term ones, the only coin I'd ever go for long-term would be Bitcoin. Maybe invest and wait for 3 months to see what happens and if you think it'll still go up then yea stay, but honestly if you get positive by then I'd just take it and plan for another short-term investment.

Not all altcoins are as bad as you think, in the long run altcoins can still be where you put your trust like eth, bnb, sol… and ADA is also a case to consider. ADA is still one of the top 10 projects of CMC and ADA developers are still actively working over the years.

We are in the bearseason and if you buy ADA from this point and hold for 3 months I think you should not buy. How can it go up in 3 months when the market is gloomy and bitcoin cannot rise in price? Let's hold ADA at least until the next bull season before we can know if it's worth holding.

[Rana590]

I had huge ADA holding for the long run.People inverse for the short term profit in ADA was not a good time now.People with huge knowledge in crypto currency will inverse for the long term profit. Only the day trader will keep their profit in short run.The day traders will choose the coin by analysing the short range pump and buy with huge investments.

ADA is suitable for long term investment. It is great to hear that you're holding good amount of ADA and I hope you'll be getting huge profit from it. No matter the price of ADA goes up or down, buy and hold it strongly until at least 10x.

[AjithBtc]

It doesn't seem like they've done well so far in the past year, If you trust it enough you can do long-term investment on it but honestly, I'd rather do short-term investments instead. I don't think altcoins are investments you'd take for long-term ones, the only coin I'd ever go for long-term would be Bitcoin. Maybe invest and wait for 3 months to see what happens and if you think it'll still go up then yea stay, but honestly if you get positive by then I'd just take it and plan for another short-term investment.

Not all altcoins are as bad as you think, in the long run altcoins can still be where you put your trust like eth, bnb, sol… and ADA is also a case to consider. ADA is still one of the top 10 projects of CMC and ADA developers are still actively working over the years.

We are in the bearseason and if you buy ADA from this point and hold for 3 months I think you should not buy. How can it go up in 3 months when the market is gloomy and bitcoin cannot rise in price? Let's hold ADA at least until the next bull season before we can know if it's worth holding.

ADA have given users with the best ROI. The same continues when the next bullish market picks up. Another reason is the development. For now it have developed the first layer, and more layers of development is available. With time when the same takes effect, we can experience the best out of ADA. For this reason it is the best choice for long term profiting as suggested by above mate.

[Frengki_cisco]

Is Cardano (ADA) a good coin to invest in it for long term?

I see Cardano (ADA), not having a good reaction in the market today, compared to a few years ago, maybe today we lack big investors to do something about ADA, I just think professional, at least ADA has a good chance.

[$anounimus$]

Is Cardano (ADA) a good coin to invest in it for long term?

If you believe that future cryptocurrencies should combine all the best features of other coins and provide a better crypto infrastructure, Cardano (ADA) seems worth considering on the other hand you need to also understand that the value of cryptocurrencies is always fluctuating whenever possible if you want to enter invest only part of it a small portion of your portfolio in this space because if it fails, the effect will not be felt by the rest of your crypto portfolio.

[budi691]

ADA is not bad for long term investment, but I don't want to take the risk, I still believe in Bitcoin for long term investment,
maybe I am selfish but I try to think realistically that Bitcoin is more promising for long term investment,
and Not that ADA is not good for investment,

[zaki12]

Cardano's current price is still below $0.5 and of course ADA is very cheap,
I'm sure big investors are already eyeing there for long-term investments,
because there's no doubt about the fundamentals of Cardano, even in the future ADA could shift Ethereum to rank 2,
just imagine how much will ADA cost in the future if it is in rank 2? of course it will be more than $10

If according to my understanding cardano is not an existing etherium killer they will co-exist by covering up their respective strengths and weaknesses. For cardano holders, you have to be patient waiting for the moment. Cardano Worth a long term investment, Cardano is slow to build or grow because it wants quality in its blockchain.

[Xal0lex]

Is Cardano (ADA) a good coin to invest in it for long term?

I would answer your question positively, but this is not investment advice. Cardano has now lost about 85% of its value and is not a bad option for a long-term investment, especially when you consider that Cardano is constantly working on updates of its project, adding new products. The vasil hardfork, which aims to improve Cardano's own features, is currently being prepared for release. In general, ADA is constantly evolving and for the long term it is a good option.

They are claiming to be more decentralized due to thousands of pools created on ADA. This vasil fork I heard on youtube update that it's almost completed which is why it's not going down terribly anymore, I guess it bottomed at -85%.

I am not at all sure that these are events that correlate with each other. ADA follows bitcoin just like other assets, and bitcoin follows an unstable economic situation. ADA has stopped falling because the market is no longer falling. If a new wave of sell-offs starts now and bitcoin updates the bottom again, ADA, like the whole altcoin industry, will also update its low price values, falling 90-95% from its last ATH.

[topman21]

Is Cardano (ADA) a good coin to invest in it for long term?

ADA is a good currency for long term investment. But when the Bitcoin market grows, all the coins will automatically start growing.So of course I would say for long term investment you can take Bitcoin Ethereum and BNB all these coins as long term.I don't think ADA is bad as a long term investment it is also a perfect investable coin.But no problem you can definitely buy ADA and invest for long term.

[poodle63]

I see Cardano (ADA), not having a good reaction in the market today, compared to a few years ago, maybe today we lack big investors to do something about ADA, I just think professional, at least ADA has a good chance.

You're taking wrong time to see the performance from ADA. You must see that when the bullish market was coming and not when the bearish trend has been dominating market like this. I think anyone aware about this. be patience and wait for another pump to come.
ADA is become a big thing right now compared a few years ago. i thought that you are seeing wrong chart

[bonyaserg]

For me personally, long-term investments are always a great investment. And you can always invest in any coin. And you can also invest in Cardano (ADA). Since soon the crypto market will become an excellent profitable business for many investors. And I also want to say that investment is also a big risk. Since there is always a high probability of losing your funds. And now you have to wait a very long time for a return on investment in Cardano.

[iv4n]

For me personally, long-term investments are always a great investment. And you can always invest in any coin. And you can also invest in Cardano (ADA). Since soon the crypto market will become an excellent profitable business for many investors. And I also want to say that investment is also a big risk. Since there is always a high probability of losing your funds. And now you have to wait a very long time for a return on investment in Cardano.

I agree that long-term investments are great, and is there a better timing for investing in crypto than now? I guess crypto will be for a while in this bearish period, and if some people don't take this opportunity to invest in some coins now when their prices are more than halved from their last records in a few years they will regret not doing it!

Cardano is one of the coins I keep for years, I still wait for Cardano to do something more... I add up some little amounts from time to time. I think it's one of the good coins, but it's not the only one, people should look for other coins as well.

[cryptobadshah]

ADA we have to keep hoping also, because the developer keeps us updated on his progress. The ADA is still worth it digital asset prices depend on various things to decide if an ADA token is worth holding, consider its value drivers because the supply of ADA coins is limited demand should rise as the technology evolves Cardano's decentralised layered architecture makes it secure and scalable These technical features make cardano a promising coin The number of dapps and smart contracts implemented on cardan's blockchain will determine its success peer reviewed research makes blockchain reliable Cardano has an excellent probability of gaining market share It's rising making it a good choice for traders and novice investors ADA crypto is a strong choice for diversifying portfolios.

[Devifajarina]

I agree that long-term investments are great, and is there a better timing for investing in crypto than now? I guess crypto will be for a while in this bearish period, and if some people don't take this opportunity to invest in some coins now when their prices are more than halved from their last records in a few years they will regret not doing it!

Everyone should take the opportunity to fulfill the investment, by looking at the opportunities that exist, although for now the market is in a correction stage, but that does not mean the market will show a negative side all the time, so be prepared to take a role

Cardano is one of the coins I keep for years, I still wait for Cardano to do something more... I add up some little amounts from time to time. I think it's one of the good coins, but it's not the only one, people should look for other coins as well.

Perhaps more precisely, Cardano is another potential altcoin that can be held in the long term, I also own this coin and continue to buy at certain times, because I see Cardano capable of being in a correction condition. Although for now, cardano hasn't shown any positive side

[Silberman]

Is Cardano (ADA) a good coin to invest in it for long term?

Cardano is on the top 10 and in theory it should be a relatively safe pick when thinking about investing long term, however the first thing that comes to my mind to ask you is how much bitcoin you have already in your portfolio? If you have not bought bitcoin yet then before you buy any ADA you need to buy bitcoin, as it has demonstrated over the years that it is by far the best coin you can hold for the long term and no altcoin will surpass bitcoin when it comes to this particular characteristic.

there are still a lot of misconceptions like that, they think bitcoin has gone too high and can't bring them significant returns and they look to altcoins as an alternative to invest, but they don't know their altcoin investment will be profitable when bitcoin goes up
since ada is one of the top 10 coins, ada is a good coin to invest in, however the risk is still there as luna did,
nothing is 100% safe in the market

This mistake is very common, newbies believe that since the price of bitcoin is so high not only their profits will be small but they will be limiting themselves by investing in bitcoin as the money they will have available to buy other altcoins will diminish, but what they cannot understand is that when you are making your portfolio you should always start by investing in the best assets possible, and only once you have done this then you can take greater risks, so anyone that doesn't have bitcoin in their portfolio in my opinion is making a huge mistake.

[icalical]

Yes, it is, ADA is one of the most consistent coin with their vision. It has been climbing the CMC ladder, from the top 100 to top 10 now, and the with the news of Vasil Upgrade more investors will speculate on it and the price should rise up. Other than that I believe for long-term, ADA is also a good investment their developer has been so communicative regarding their project development, and the community of ADA is also great.

[cloudfir3e]

Cardano is one of the most environmentally friendly cryptos as it consists of a proof-of-stake or PoS-based blockchain. For security, Cardano has several layers of security so it is considered to provide more protection.
Cardano also has the advantage of having multiple blockchains or having two separate layers. Create separate smart contracts and tokens. So that later if one is being handled, the other will not cause interference and also have more financial freedom. Thus providing excessive comfort for the user.

Therefore, there are still many investors who believe in holding or maintaining Cardano and they believe that Cardano is very worthy to be a long-term investment asset.

[haleema]

Yes you are right, its a right time to can buy cardano for long term no issue.  Cardano is one of the most valuable and demanded token.