Is Cardano still a good investment?

[awik p]

yes, ADA is a good investment, because ADA in the top 10 on coinmarketcap, so that proves if ADA is still popular and the current ADA price is $0.284 while the ATH price is $3.09, so if you invest in ADA at this time and the market start to increase again (bullrun) in the near future, then of course you will get a lot of profit, because I'm sure if a bullrun occurs, then the price of ADA will reach its ATH price or even a new ATH.

Yes regardless I still see ADA as a potential coin,
for long term investment it looks like it will be profitable and the important thing is to be patient waiting for the right time to sell it,
let's hope that when the ADA bullrun will reach a new ATH and we'll see.

this coin most certainly will have the chance of growing further if we see some rally and changing of season that is bullish season arriving.
honestly, there has been so many good coins with good potential has been rather stagnant, BNB is also one of them, despite the fact that there has been so many
events involving this coin it still rather stagnant, I don't know the exact reasoning but it seemed that majority of coins with high market capitalisation in general are just waiting
for bullruns to arrive,that seemed to most logical reasoning for right now.

altcoin ADA is in the range of altcoins that can survive during the bearish season, and can also follow the movement of bitcoin when it goes up and down. indeed this altcoin is one of the altcoins that can be prioritized for investment, considering that it will most likely also increase when the bullish season comes and it is also hoped that the increase will exceed the percentage of bitcoin, because that is what we hope to increase the investment risk, but also increase the target gain

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[landheer]

investing in altcoins is of course very high risk but usually investing in altcoins when you get profits you always get very big profits, in my opinion if you are interested in investing in ADA CARDANO coins, in my opinion this is a good thing because now the ADA CARDANO coin on cmc is still in the ranking 7 and in my opinion it is still worth the ADA CARDANO coin as a future asset. because if the btc price goes up the ADA CARDANO coin always goes up too. but op the decision is yours.

[mich]

Caradnos founder Charles Hoskinson praised Ripple for its victory in sec court case. It is because Cardano saw 25% price gains after the sec ruling.
And there is $2 Billion more being invested in ADA is just past 24 hours. There is still 'bullish' investors for #7 coin on coinmarketcap.
https://finbold.com/ghost-chain-cardano-sees-over-2-billion-inflow-into-ada-in-24-hours/

[waONE]

Cardano is still a good investment choice, don't underestimate Cardano even though at this time Cardano is really quite good news,
and it's not even talked about much on social media like YouTube or Twitter, so this is a great opportunity to buy and collect ADA in your wallet to future investment,
I'm sure if Cardano appears good news then ADA will go to the moon easily.

[savetheFORUM]

Cardano is one of the top altcoins that still has a small ROI, I see on coinmarketcap ADA it already has 1400%,
compared to the top 10 but some are still very low, so I'm sure in the next bullish season ADA will reach $20 or even $40!
I'm sure of that because Cardano is indeed one of the blockchains that is said to be mass adopted by several companies.

1400% rise low? Hmm but I think it was big one already but it may not be as big as other top altcoins because they are much older and are performing well than ADA. After all, I still think that ADA was a good coin to include in our bags if we are into long term of investing. It is much better compared to the new coins with unpredictable future.

ADA's ATH is only 3 USD but your prediction of 20 and 40 USD seems huge already. Maybe ADA can reach 5 or 10 USD from this upcoming bull and those price you call will only happen in the next bull season. Not only ADA but other cryptos are also been adopted by big companies. It's impressive but the question is if they are continuously using it?

[peter0425]

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.

with this kind of action specially for the past few days , i think there are something supporters need to look at and  sadly I have sold my ADA already so i may not be joining the party if hype happened sooner or early next year.


https://coinmarketcap.com/currencies/cardano/

have some look at other option because cardano is pumping high and look now , while bitcoin is dumping cardano maintain its double digit growth for the last 7 days.

[mich]

Well if you want to invest in a project with a reliable blockchain. Then you can invest in Cardano. Because it now has been more then 5 years since there has been any network outages.

This same we can not say about most of the other blockchains. And it is one of most developed blockchains.

https://thecryptobasic.com/2023/07/27/cardano-now-has-zero-downtime-in-nearly-six-years/

[fmz89]

keep in mind when coin already pumped really hard in the last cycle, which mean they already burned many fund, dont expect in next cycle will do the same 
as times passed on, many coin popup with more advance tech and whale love create new hype and fresh coin held by them, .............repeat 

[FanEagle]

It's definitely not a terrible one, I would say that it's going fine so far and it could make some profit for some people as well. I understand that people could look into this situation like we are talking about a big deal here but the reality is that we are going to end up with something much different, and we could definitely do a better job at it as well. Just focus on how you could get better and that should be important to figure out as well.

ADA has been one of the best for a long time and if it keeps staying this good then it's going to be good but if we are talking about something that is realistic, then I could say that it may not do well on the next bull run because it hasn't really improved that much since last one.

[savetheFORUM]

Well if you want to invest in a project with a reliable blockchain. Then you can invest in Cardano. Because it now has been more then 5 years since there has been any network outages.

This same we can not say about most of the other blockchains. And it is one of most developed blockchains.

https://thecryptobasic.com/2023/07/27/cardano-now-has-zero-downtime-in-nearly-six-years/

Interestingly enough, not a lot of people care about that at all. I know that you would expect them to care, but if you look at the list you will realize that not all of them do. ADA is great and all, and it was somewhere near the second place for a while as well if I remember correctly during the bull run, but also there are things with worst blockchains that went ahead of it as well at times.

It definitely has one of the most reliable blockchains out there, and it has one of the hardest working dev team out there as well. But this causes them to be slow, they fail behind on trends because they work very carefully and put out a better product than anyone else, but while doing that they are usually quite far behind of careless quick ones.

[Jocuserious]

It is a trusted coin that they have been living in the crypto market for a long time. Moreover they have stake program which is always preferred by the holders. I know there are many investors who will rush to buy from the dip price but you should research that one of the best coins never goes down in price. If you are long time investors then you can purchase this token with certainty.

[mich]

Well yes I do think ADA is a good investment still. If a project is still having big events we can think it will stay around for a long time.

The Cardano Foundation has now made a big announcement for its first event. Cardano Summit 2023 will take place in UAE on November 2.

https://u.today/cardano-foundation-highlights-significant-milestones-hit-in-first-annual-report

[doomloop]

It is a trusted coin that they have been living in the crypto market for a long time. Moreover they have stake program which is always preferred by the holders. I know there are many investors who will rush to buy from the dip price but you should research that one of the best coins never goes down in price. If you are long time investors then you can purchase this token with certainty.

Trusted yes, stake program yes as well but being always preferred by HODLers? I'm not really sure with that because I think there are better coins out there for staking than in Cardano. We are still in the bear but I don't see those many buyers you are talking about and if so then why does Cardano's price are still low? Why it was hardly being talked about?

It should be in the headlines already just like the others when their prices are pumping heavily and that is of course due to the heavy demand they are getting. Cardano is one of the best coins and the best coins are not immune to declines although it's not a bad thing. The fall won't still continue till zero. It's only a given opportunity for the buyers to invest in the coin at a better rate.

[JahriMeayer]

You can add cardano to your portfolio without any hesitation. As because of this Altcoin is so old, many People would choice new trending altcoins instead of it but ada is still worthy in my view! You are looking for 10x which is possible. Look at the chart! In 2017, it increased 20x and in 2021 it increase 20x again, ath was roughly $2.6 and this time we are assuming bull run will be bigger than old one. So 10x increase of cardano is verily possible and logical to me. Now its your time to DYOR

[raidarksword]

Yes of course, ADA is still worth investing after all we are in bear market and it's the greatest opportunity to buy as low price like ADA's current price right now. ADA is in top on CMC and already have good foundation towards the crypto industry so never doubt ADA because it will comeback to its high price in the upcoming bull market.

[Oilacris]

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.

There are really indeed talks and speculations about 10x or more in upcoming BR.

20x in here
https://www.analyticsinsight.net/three-coins-projected-to-give-20x-returns-before-the-year-ends-shiba-inu-shib-cardano-ada-and-everlodge-eldg/

Surpassing all.
https://news.bitcoin.com/charles-hoskinson-asserts-cardano-will-surpass-all-envisioning-ada-as-the-leading-global-cryptocurrency/

When it comes to speculative approach then majority of those who had been sitting on top ranks would really be definitely be thriving out their very
best on having those kind of big updates and changes on which it would really be shocking up the market on this upcoming Bull run. I wont really be surprised
that when the time comes on which these kind of sentiments and positive news would really be flooding out the market.

[shinratensei_]

You can add cardano to your portfolio without any hesitation. As because of this Altcoin is so old, many People would choice new trending altcoins instead of it but ada is still worthy in my view! You are looking for 10x which is possible. Look at the chart! In 2017, it increased 20x and in 2021 it increase 20x again, ath was roughly $2.6 and this time we are assuming bull run will be bigger than old one. So 10x increase of cardano is verily possible and logical to me. Now its your time to DYOR

thats good statement, it was gaining that massive gain, of course half of such massive gain would make sense, the only thing that should be of concern is the fact that this coin is already depicted as failing by many influencers though we don't necessarily need to trust these influencers opinion since they definitely might have motive behind their every statement but regardless i've seen this coin stagnate and maybe that words holds truth.
though for everyone that is willing to invest, investing in it might be good enough I guess to add diversification towards the portfolio.
i'd expect that in the upcoming bullrun this coin gonna have massive market movement maybe surpass 10 times of its current price but no one actually knows what future holds right?.

[8rch7]

Stable around lower price I don't think ADA or Cardano still good for investing, after raising all time high price last several season almost reached $2 and today drop to $0.26. I don't think has second chance for coins stable in lower price back to higher price later, its difficult to get positive or trust respond from investor want to reinvesting wit ADA coins in the future.

Maybe they have forget and cut loss with investing in ADA since higher price, have been longer time difficult for ADA back to higher price or up above $1. Not good ideas re investing in altcoin have down drastically and their project seems not good progress in the future how development with their roadmap planning.

[Mehedi72]

Cardano still seems good investment which might possible to fulfill your expectation of 10x. It probably launched in 2017 when it was 2cent and now 0.25 dollar. That means it is surviving so many years and still more than 10x high from start up price. And then if you come to its ath, estimate 2.9 dollar Which was more than twitch of your targeted value. It is true thay ada also has recorded heavy dump but it is still top coin with estimated 9 billion. And i assume, people still have expectations and believe this coin. So possible that we can eyewitnesses of another havey pump when bull enter in the crypto market

[Boomber]

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



Instead of cardano just look at ARB, SUI, BNB

yes I agree if ARB, SUI and BNB are good choices to invest, but ADA is also a good choice, because ADA is in the top 10 and the price -91.67% of its ATH price, so I'm sure that ADA can give a big profit if we invest now and hold until the altseason comes, because when the altseason occurs, then the price of ADA will definitely increase again and most likely will return to the ATH price or even more than the ATH price, so of course it will make us get a lot of profit by investing in ADA at this time.