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Author Topic: Opinion on Cardano  (Read 1283 times)
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April 07, 2023, 12:35:53 PM
 #21

It's probably still one of the sleeping giants out of the top crypto projects. If you're looking for something "safer" and for long-term investments then this is likely one of those. Don't take our word for it. You can check how many projects are building on Cardano before making a decision. That will somehow tell you how many trust this chain.
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April 07, 2023, 12:48:29 PM
 #22

First of all I think you are also just looking at the things that someone exaggerates about it, and in essence I am not denying this coin is not good. Some of Cardano's standout features include an improved and more efficient transaction system, scalability that is superior to traditional blockchains, enhanced security with multi-layered protection and manageability more advanced intelligence. With slow but reliable development, Cardano has received the attention of many investors and users. However, I always encourage investors to exercise caution and do a thorough research on all of their investments. You should assess for yourself the potential and risks of Cardano in the cryptocurrency market.
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April 07, 2023, 05:28:58 PM
 #23

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.

Cardano is already a so-called blue chip in the world of crypto investing. You should not expect big x50-style profits from it anymore, but it is quite suitable for conservative investing, considering its historical returns and ROI. Right now the price is quite attractive to buy, there is a high probability that in the next bull run ADA can outperform its ATH again.

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April 07, 2023, 09:44:19 PM
 #24

It's still one of the top coins and I think its community is sticking to it because of its development.
Top coins in cryptocurrency market are not forever. They can be top coins then become non top coins years later.

Cryptocurrency Historical Data Snapshot. Many top altcoins in 2013 now no longer actively developed and can be considred as dead altcoins.
You're right and that's why it's still at the top and we'll never know if it will remain there depending on their progress.

Quote
But one thing for you to follow is to read their not so active announcement thread: Cardano (ADA): A New Cryptocurrency and More

You can back read some of the discussions there but it's not that active at all unlike the other top altcoins like ETH that has a lot of posts into its thread.
Many altcoin projects abandoned Bitcoin talk and moved to build and be actively on their own forums.

Cardano has its own forum for

$ADA did made a x20 growth in the last bull run and from today price $0.38 to its latest all time high, you will have good profit.
Thanks for sharing their forum.

You're right that many successful projects after going on in the forum abandons their thread because they own one after their success. But still, the community that owns their coins/tokens are discussing and continues it there. Maybe some interesting addition to what they've discussed  can be extracted there.

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April 08, 2023, 04:00:57 AM
 #25

In my opinion, they are still one of the most active crypto based as Chris is still the face of it, for updates you can follow it here:

https://www.essentialcardano.io/development-update
~
I thought that the project doesn't have any updates anymore, but thanks to this.

I bought ADA when it was at around $0.13, and from that, I staked it, and still staking until now. The only problem with Cardano is that, their upgrades to their project takes a very long time, but when they release it, they are making sure that there will be no problems whatsoever. Charles Hoskinson is constantly promoting his project in different social media platforms, and is very active to the project. Currently, it is still on the top when it comes to market cap, and that shows that it still has community behind it, but I'm already thinking of selling all of my ADA holdings, and will buy Ethereum instead. After all, those who are at the top this time will not be at the top forever.

I mean, Ethereum already has a lower gas fees now, and what Cardano has is already in Ethereum. Cardano is one of the coins that they called "Ethereum Killers", but they can't just take down Ethereum, and they mostly will not succeed into it especially now that it already changed from POW to POS.

 
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April 08, 2023, 05:31:35 AM
 #26

currently cardano (ADA) is in position 7 CMC, CMC data also shows that the ADA price is currently in the range of $ 0.39 and the highest price reached by ADA almost touched $3. when the next bullish arrives there is still a chance for ADA to touch $3 again or even more. in other words investing in ADA is still highly recommended.

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April 08, 2023, 07:51:22 AM
 #27

Many believe that Cardano's technical specifications are better than other blockchain platforms and that it has great potential for use in various fields such as finance, government, medicine, etc. In addition, Cardano has a strong community and is actively developing, including the planned release of the "Alonzo" update with the possibility of smart contracts.
However, as with any other cryptocurrency, there is an investment risk and the price of Cardano can fluctuate depending on many factors such as market conditions, government and regulatory decisions, technical issues, etc.
Overall, Cardano is an interesting project with the potential for further development and success, but as with any investment, you need to do your research and make your investment decisions consciously.
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April 08, 2023, 08:51:57 AM
 #28

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.

It’s a good coin, has potential to really do well in the next bull run. Current price is $0.38 so it’s very cheap, there isn’t much risk in throwing a bit of fiat at it, just incase it moons hard. You don't want to miss the opportunity as it’s so cheap. What’s the worst that can happen, you’re down on a few hundred $ investment. The upside is worth the risk in my opinion.

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April 08, 2023, 10:49:31 PM
 #29

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.
It’s a good coin, has potential to really do well in the next bull run. Current price is $0.38 so it’s very cheap, there isn’t much risk in throwing a bit of fiat at it, just incase it moons hard. You don't want to miss the opportunity as it’s so cheap. What’s the worst that can happen, you’re down on a few hundred $ investment. The upside is worth the risk in my opinion.
Every coin has potential but our goal as an investor is to avoid wasting time and money to tokens which are not showing movement or growth; a matter of seeking for what's best. Cardano is a candidate for good tokens in this industry but given how stagnant it became, I would prefer engaging with XRP which is quite more on the hype. Diversifying would as well be advisable but if you are not into bigger risk, selecting a few would be good. Coins which does not have a large volume on the usual, would be more likely left behind during bullish trend so if you are seeking for a higher return once an uptrend occur, for sure there would be a better coin on your preference.

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April 08, 2023, 11:01:31 PM
Last edit: April 08, 2023, 11:28:11 PM by AmoreJaz
 #30

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.
It’s a good coin, has potential to really do well in the next bull run. Current price is $0.38 so it’s very cheap, there isn’t much risk in throwing a bit of fiat at it, just incase it moons hard. You don't want to miss the opportunity as it’s so cheap. What’s the worst that can happen, you’re down on a few hundred $ investment. The upside is worth the risk in my opinion.
Every coin has potential but our goal as an investor is to avoid wasting time and money to tokens which are not showing movement or growth; a matter of seeking for what's best. Cardano is a candidate for good tokens in this industry but given how stagnant it became, I would prefer engaging with XRP which is quite more on the hype. Diversifying would as well be advisable but if you are not into bigger risk, selecting a few would be good. Coins which does not have a large volume on the usual, would be more likely left behind during bullish trend so if you are seeking for a higher return once an uptrend occur, for sure there would be a better coin on your preference.

when it was launched, it seemed to be a promising project. but with the current situation, if you are not very keen to their actual developments, better move to another project that you are familiar of. though it is still in the top 7 coins in the market, you should consider their future, what's in store for them? do they have potential to survive and increase their growth in the market?
if you will look at their graph, they have good chance to rise again, that is, if the ADA team is still active in meeting their objectives. so if one really does want to venture into this, better check if the dev team has the drive to grow their project. otherwise, look for a more promising platform.

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May 08, 2023, 05:58:31 AM
 #31

Well Hydra has now gone live on Mainnet. It is long time awaiting level 2 scaling protocol that operates on top of the existing Cardano blockchain.

https://zycrypto.com/cardano-primed-for-meteoric-surge-as-first-hydra-head-opens-on-mainnet/

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May 08, 2023, 06:29:41 AM
 #32

Although Cardano is growing and incomplete, it is gaining the interest of many investors and the blockchain community. Cardano's unique features and technology could make it a formidable competitor in the blockchain industry in the future. In theory, it promises a lot of potential, but in practice since it appeared until now I still wonder if the things it shows are worthy of the expectations that the fans place their trust, the environment. altcoins are competitive and Cardano's performance seems a bit sluggish, but as I've said about it, in the future it will still receive support or skepticism about the potential I mentioned.

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May 24, 2023, 12:32:54 PM
 #33

I will not invest in Cardano, because I do not believe in very large profits
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May 24, 2023, 01:56:39 PM
 #34

Cardano is still in seventh place in the crypto market, but we don't know what will happen once the altcoin season comes. Maybe Cardano can maintain its position or even be thrown out of the top 10 coin lists on CMC or Coinmarketcap.

And if you want to invest in Cardano, you can buy it now but before that, you should find out more details about the project and don't just listen to our advice. This is important so that you don't make the wrong decision and you can't get a profit. I still have some Cardano and await the upcoming altcoin season. Maybe I hope Cardano can make another peak price in altcoin next season.

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May 24, 2023, 04:39:23 PM
 #35

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.
Although not too impressive I also came across this by accident https://twitter.com/cardano_whale/status/1660973941694033920
Elsewhere, trading volume on Cardano has also seen significant growth year-to-date, as the network continues to grow amid a wave of investor interest that seems to be resurfacing. Even so, my expectation is that an ecosystem that is considered to have a lot of competition with the top projects in the market is still showing that they are quite slow.

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May 24, 2023, 05:08:05 PM
 #36

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.
Although not too impressive I also came across this by accident https://twitter.com/cardano_whale/status/1660973941694033920
Elsewhere, trading volume on Cardano has also seen significant growth year-to-date, as the network continues to grow amid a wave of investor interest that seems to be resurfacing. Even so, my expectation is that an ecosystem that is considered to have a lot of competition with the top projects in the market is still showing that they are quite slow.


Its now cheaper so whales are scooping tons of it. Theres still no assurance where Cardano goes from afters years. The top 10 projects today could be on 50 after some time.

Hydra was launched this month but it did not make the price moved enough to trigger a slight bull. Even when Charles kept his AMA all year round.
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May 24, 2023, 10:40:38 PM
 #37

The cryptocurrency market is really ranging for Bull Run, which cardano Coin is good to invest, because it has a strong communities and already established project, is good to add up in your investment Coin list while waiting for Bull Run market.

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May 24, 2023, 11:18:15 PM
 #38

The cryptocurrency market is really ranging for Bull Run, which cardano Coin is good to invest, because it has a strong communities and already established project, is good to add up in your investment Coin list while waiting for Bull Run market.
I doubt about the community though many of its dapps didn't even stand out, but ada is indeed have been tested through many cycles of bearish so i'm sure eventually in future bullruns ada will also rise in value.
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May 24, 2023, 11:37:08 PM
 #39

Cardano(ada) is a great coin and always top ten listed in crypto world. Two years ago, the price of ada was over 3$. Personally, I hope that it reaches a good position, but don’t going well at all. Hopefully, it will go on moon again.
i honestly more on the pessimistic side of ada being better in the future, we've had some share of histories that show some coin which formerly was high ranked, climb down all the way up to not even above rank 500.
hopefully such thing will not occured in ada but honestly there's always chance.
currently I always prefer investing in some of the newer coin since their potential just outright there but here's the thing maybe after the massive correction that many coins got including ada in the future, maybe it could always regain its all time high again, but maybe that chance is low, regardless if it could regain its valuation near all time high, making entry now would be massive.

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May 25, 2023, 02:38:41 AM
 #40

Tbh when i think about the future of blockchain then i think cardano will have a place there.
Decentralized, Good transaction speed, Long term vision, Community engagement.
So for me its still a good bet. They are showing progress slow and steady
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