Is Cardano still a good investment?

[kaseygriffin]

I think ADA is good. Looking at the chart price, you can see that the bottom price is not too different from the current one, so it's okay to invest at the moment. It is possible that x10 or x20 is completely possible with ADA in that next trend, but because this coin is always evaluated at a bad price compared to its value, Although this year, compared to the coins, may not be strong, I think its potential is still there, so it is still a good choice.

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[kevindjunaidi]

as long as Cardano is still in the top 10 rankings and the trading volume is still high, then Cardano is still worth to buy (invest), because I believe that investing in Cardano can still give you profit, therefore you don't need to be afraid to invest in Cardano for the long term or short term, because I believe that the price of Cardano will definitely increase very high during a bull run and you will get a lot of profit from investing in Cardano at this time.

[SyndicateLabs]

I also have a pretty positive view of this coin in the market although I can say that there are many disappointments with it but I think if you take the time to research it more carefully you will feel more confident taking someone's advice. Try to see the potential problem as well as the opportunity it is presenting in this market to think if it is likely to achieve the goal and try to imagine it coming true.

I know that Cardano is also receiving special attention from the Crypto community and investors. Many users and investors appreciate Cardano because it has a tightly built development ecosystem that is the perfect combination of Blockchain and real-life applications. It can be said that the assessment of the upside potential of a cryptocurrency depends not only on its fundamentals, but also on other factors such as the global economic situation, political policy of countries around the world and other events that affect the cryptocurrency market. Therefore, when making investment decisions in Cardano, you need to act carefully and consider all the factors that can affect the price.

[TastyChillySauce00]

It's not good investment for me right now. I will prefer to take L2 coins rather than ada who has been experiencing ATH. Some new coins have not yet ever touched its ATH like when bitcoin gone very bullish to touch 70k.

I think that the history will repeat again. it's the time for us to go to the moon. A year before another bitcoin halving. The next years gonna be crazy year again.

[newdevices]

as long as Cardano is still in the top 10 rankings and the trading volume is still high, then Cardano is still worth to buy (invest), because I believe that investing in Cardano can still give you profit, therefore you don't need to be afraid to invest in Cardano for the long term or short term, because I believe that the price of Cardano will definitely increase very high during a bull run and you will get a lot of profit from investing in Cardano at this time.

In the long term, it looks like it's still feasible because Cardano can be said to be one of the potential altcoins,
the most important thing before investing is to do research and analysis first,
hopefully in the future Cardano will continue to grow, we'll see.

[kesmex]

Yes. I really enjoy this project and the native tech that it provides.
There are lots of new updates coming in the works as well that are really cool to learn about (Contingent staking, babel fees, governance, spo parameters)

there's no denying that Cardano is one of the best cryptocurrency projects with the best technology besides Ethereum and Binance,
but we know that the bear market is not very good for top large cap altcoins like ADA,
it's proven that ADA is really very difficult to pump and only just consolidated at a price of $ 0.5 to $ 0.3,
but don't worry it is an accumulation zone and it's been 1 year, I'm sure in 2024 the large cap will experience a pump like the bullish year 2021.

[southerngentuk]

I'm not sure if it's worth it because this is a personal decision, and ADA is not on my investment list, so it's hard to talk about this coin. But looking at the price performance that ADA has gone through, it still has potential for the next bull run. If I look at the ADA chart, I think the expectation for this coin to have the ability to reach X5 and above is quite high. In general, you still need to consider carefully and learn more before investing in this coin.

[Uhde]

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.

maybe. But i really prefer new L1 projects instead of dinasours. (except btc, eth and ltc). There are so hyped new born L1s to focus imo.

[lobo13hf]

maybe. But i really prefer new L1 projects instead of dinasours. (except btc, eth and ltc). There are so hyped new born L1s to focus imo.

couldn't even categorize ada as some dinosaurs project, it's quite literally relatively new, hasn't even gone through that many bullruns.
even though it's true that newer L1 project seems more interesting.

[Slow death]

I haven't heard about this altcoin for a long time, years ago my friends put all the money they had at that time, some even asked me to borrow it to put it on the cardano, the price of ADA at that time was 1.22$ there was good news from the dev who made it with many people believing that the price was going to the moon, so with so many people buying the price reached more than 2$, my friends didn't sell right away because they wanted to make more profit, the bitcoin price started to drop a lot and as a consequence he carried ADA along with it which made my friends lose money and even stopped investing in cryptocurrencies, they had created high expectations about this altcoin

until today i remember when they called me asking for the money because they wanted to put more money, they had already put a lot of money in this altcoin but they were so convinced that they would make a lot of profit that they still wanted to put more money and i told them not to put money in that altcoin, and as a result I stopped talking to them, because I didn't want to keep contributing to their losses, my position was clear: that they don't spend money on that altcoin, and now I give you my advice: don't put your money on that altcoin, you will not have 10x profit, look for other better altcoins

I think so, I still hold some. I’m not talking much, less than $1500 but I think it’s a good little hedge to have in a balanced portfolio. I predict it could hit $25 or something like that in 2025. I don’t expect any huge pumps imminently but it will definitely do well in 2024 & 2025.

 

this joke made my day, if in the past when this market was high and this altcoin was popular it didn't reach 4$, would it reach 25$ now that it is no longer popular and there are many better altcoins? it makes no sense, it is clear that this altcoin has already given everything it had to give, and it is a project that one should not expect big profits, it is the same as many altcoins that have become stagnant and even if they make new developments they will not attract the attention of many people

[TelolettOm]

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.

Cardano is a good choice but surely no one can know how high the price to increase in bullrun season. It is impossible, dude! Everyone just makes their own predictions related to the potential rise of the price.

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?

How you can guess the price will increase 10x in the next bullrun? You said that you don't know well Cardano, right? 

Anyway, the current price is $0.36xxx. Its ATH is $3.09 and its ATL is $0.019. I think the current price is quite safe for buying Cardano. But no guarantee it will increase 10x or more! We just guess it probably passes the ATH if there is an upcoming altcoins season. If it creates ATH, it is enough to gain big profits, right?

[GreatArkansas]

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.

Cardano is a good choice but surely no one can know how high the price to increase in bullrun season. It is impossible, dude! Everyone just makes their own predictions related to the potential rise of the price.

But if you are looking for around high ROI, like what OP said they are expecting around 10x or more. I think it's much better to find a good gem that is still 'new'.
We all know that Cardano is already since before.
Cardano got good technology which is proof-of-stake and they have a team which are experienced engineers and they are know what they are doing.

[raidarksword]

Why would everyone discredit Cardano this time? Maybe some of people putting hate on ADA they got fomo at bought at the top. Nonetheless, ADA will always be a good venture with and of course this is the right time to buy hence bear market is we have right now. Of course investment doesn't mean a short term cycle to make profit instead it's a long time process to begin with that's why bull cycle will make ADA strong again, just give it time.

[kapalmabur]

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.

Cardano is a good choice but surely no one can know how high the price to increase in bullrun season. It is impossible, dude! Everyone just makes their own predictions related to the potential rise of the price.

But if you are looking for around high ROI, like what OP said they are expecting around 10x or more. I think it's much better to find a good gem that is still 'new'.
We all know that Cardano is already since before.
Cardano got good technology which is proof-of-stake and they have a team which are experienced engineers and they are know what they are doing.

Surely a lot of people also want that which is to find new gems,
but it's not an easy matter and it takes time for sure because to do research,
and when talking about Cardano I think we all know that it is one of the potential coins.

[justdimin]

No chance for ada to go to the 10x marketcap from here. it's too good to be true my friend. Just telling you about the fact that if ada will not increase even further. You can put your target in ATH of ada. I tell you the truth

The daily volume trade from ada has been decreasing so hard to the bottom. I see no chance for ada to go to the moon without bitcoin pump.

Bitcoin must be pumped 5x from the current price to make your prediction come true.  

Even though ADA was once a good coin but indeed its better to be real and accept the fact that it may not be the same coin that we know. With that said, he may lower his expectations or better if he disregard the coin and switch to a much better one. There are still lots of them. The poor performance of ADA made more people tuned off and that badly affected its trading volume.

Even if bitcoin pumps hard I am not sure if ADA will be dragged away. The positive effect of BTC are only exclusive for those coins who are also performing well even though it wasn't consistent but as long as they are not in a deep sleep like what ADA is showing.

[kevinzxz]

if ADA is still in the top 10 position on coinmarketcap, then in my opinion ADA is still very good for investment, because many people still hold ADA for the long term, so many people believe that ADA prices can increase very high in the future, therefore I'm sure if ADA is still good for investment and can give you a big profits if you buy ADA at this time and hold ADA for the long term.

[Hamphser]

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.

Ive been bagholding some ADA and even this might be an old coin already or had already pumped up but i do still believe into its potential plus updates and news arent
really that idle either. How about to look up these things?

Cardano (ADA) and RenQ Finance (RENQ) backed by experts to be the top 2 tokens of the year
Cardano vs XRP: Which Cryptocurrency Will Reach $1 in 2023?

These are articles on which it would really be giving out that kind of thought that ADA could still have that steam on this upcoming Bull run. Well, everything cant really
be that predicted but at least bag holding it while its still cheap isnt really that a bad idea.

[newdevices]

if ADA is still in the top 10 position on coinmarketcap, then in my opinion ADA is still very good for investment, because many people still hold ADA for the long term, so many people believe that ADA prices can increase very high in the future, therefore I'm sure if ADA is still good for investment and can give you a big profits if you buy ADA at this time and hold ADA for the long term.

Talking about ADA I think it is one of the potential coins which for long term investment it is a good choice,
but again everyone has their own decision,
Obviously ADA can be a great option for long term investment and is in the top 10 coins on Coinmarketcap.

[Desscount]

if ADA is still in the top 10 position on coinmarketcap, then in my opinion ADA is still very good for investment, because many people still hold ADA for the long term, so many people believe that ADA prices can increase very high in the future, therefore I'm sure if ADA is still good for investment and can give you a big profits if you buy ADA at this time and hold ADA for the long term.

the ADA resistance price is at $ 1, if $ 1 is passed I believe ADA will be bullish again,
unfortunately for now the ADA price is still below $ 0.5 and most likely it will still consolidate there,
$ 0.3 is a good time to buy ADA and hold for 2024-2025.

[riskarcher]

As long as Top 10 on coinmarketcap/coingecko which is still worth it to have it, but you should know CEO ADA coin not interested for increase of coin price, he is just focus for development their ecosystem, Project DevelopmentThe CEO's primary focus is likely on overseeing the development and advancement of the Cardano blockchain. This involves implementing technical improvements, enhancing scalability, improving governance mechanisms, and fostering partnerships to increase the overall value and utility of the Cardano ecosystem. So never expect Cardano price will be the same like 1 year ago