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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.
I'm indifferent to Cardano. I really think other chains are better investments at this point. Cardano already mooned and it has obsolete technology compared to Solana, Q Blockchain, and UTNP. |
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Yamifoud
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May 29, 2023, 06:06:18 AM |
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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
Yes, those on the top 10 are worth investing but we also have to consider their market performance and as we can see Cardano isn't that looking good. There are several coins that are not on the top 10 coins that are even performing so well which I think it was worth rather than choosing this project. What I mean is that Cardano is not the best coin that we are looking for if we wanted to earn a good profit unless the developer will tried to show more improvements of the project in order to look even better and usable in the crypto space. |
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Inspiron14
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May 29, 2023, 06:40:04 AM |
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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
Yes, those on the top 10 are worth investing but we also have to consider their market performance and as we can see Cardano isn't that looking good. There are several coins that are not on the top 10 coins that are even performing so well which I think it was worth rather than choosing this project. What I mean is that Cardano is not the best coin that we are looking for if we wanted to earn a good profit unless the developer will tried to show more improvements of the project in order to look even better and usable in the crypto space. So far it can be said that Cardano hasn't seen any extraordinary developments and I'm waiting for that, Aptos I think it's a good project although it's not in the top ranking, Of course, do your research before investing. |
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mich
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May 29, 2023, 06:43:20 AM |
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Yes I do still think ADA is a good investment. In just last week we saw a 91% rise in DEX volume. So I think investors are still 'bullish.' I also like it has a stable coin, Djed. In a new video Charles Hoskinson explains how ADA will solve AI problems. https://www.youtube.com/watch?v=YIH6t0meOCg |
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kotajikikox
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May 29, 2023, 08:13:19 AM |
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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.
you don't have to ask here if you trust this coin but since you come here to ask meaning you are not that trusting Cardano ADA? then why need to focus adding this when there are other coins that can bring you safe income for the holding? or maybe best to add More on Bitcoin mate. |
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ethereumhunter
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May 29, 2023, 08:52:40 AM |
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With Cardano's current price below $1, I think it could still be a consideration to make Cardano an additional investment besides Bitcoin. But you must determine when you buy it because amid ups and downs in this market, finding time to buy won't be easy. But with your analysis, you should be able to buy at a low price and hold or even do DCA. And Cardano is currently still in seventh position so there is a possibility that the price can increase and provide additional benefits for you. But be careful if you want to buy Cardano and make sure to buy it when the market is experiencing a correction because you can buy it at a low price.
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btc78
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May 29, 2023, 09:30:46 AM |
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I still have my cardano in holding and not planning about selling any time soon , but adding more? nope I am not interested because there are so much to consider , factors and speculative . and indeed that I am not trusting this to be an investment soon . With Cardano's current price below $1, I think it could still be a consideration to make Cardano an additional investment besides Bitcoin. But you must determine when you buy it because amid ups and downs in this market, finding time to buy won't be easy. But with your analysis, you should be able to buy at a low price and hold or even do DCA. And Cardano is currently still in seventh position so there is a possibility that the price can increase and provide additional benefits for you. But be careful if you want to buy Cardano and make sure to buy it when the market is experiencing a correction because you can buy it at a low price.
you have a valid point mate , but be careful still . |
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Teraboy
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May 29, 2023, 10:32:53 PM |
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it's still good investment, i think the thing with ada, solana and even matic are that they are waiting for bullruns for them to go up, so it requires patient investing in any of them right now.
after all, the money going to meme coins currently.
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mich
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May 30, 2023, 05:49:05 AM |
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Well now Cardano is going into the meme ways. Did you hear about new meme coin called $Snek it was launched 15 days ago? It has gained 425% in just these 2 weeks after the launch. And 72% in just past week. Its marketcap went from $275k to now marketcap of $61.6 Million. I think this is 'bullish' news for Cardano and makes it still good investment. https://tokenist.com/cardano-has-a-meme-coin-now-and-its-up-425-over-two-weeks/ |
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icalical
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May 30, 2023, 12:59:25 PM |
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If you ask whether Cardano is still a good investment, then I think it's still good investment, but if your question is whether Cardano will jump ten times when the bull run came, then I think it will not. With the current situation of Crypto I doubt any top 20 or even top 100 coin will go 10x even when there is a bull run, more over no one knows when or if the bull-run is actually happen
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dragonvslinux
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May 30, 2023, 01:40:26 PM |
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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.
I'm indifferent to Cardano. I really think other chains are better investments at this point. Cardano already mooned and it has obsolete technology compared to Solana, Q Blockchain, and UTNP. I don't know about all of those coins you referenced, but generally agree that Cardano technology wise is somewhat outdated. I still consider it to be "vapour-ware" as they say. Ultimately it's been around for over 5 years and still struggles to become a popular or a high-usage blockchain as far as I can tell. Also while it made new highs against the dollar in 2021, it notably failed to do so against Bitcoin, which leads me to believe it will simply become a coin to trade (from the lows to the highs and visa versa), as opposed to any form of long-term investment. In that sense, 2021 was the time for Cardano to prove how far it has come as a blockchain, and how much it has developed, but compared to other L1 blockchains it really failed to impress it's investors and users. It's still a Top 10 coin, I'll give it that, but I still remember when it was ranked higher in 2017. I wouldn't be surprised to see this coin struggling to stay in the Top 20 within a year or so. Much like Tron and Neo that used to be Top 10 in 2017 and have been struggling ever since to keep up with the fast developing market. It'd definitely a coin I'd consider trading for more satoshis in the near future though! |
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ethereumhunter
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May 30, 2023, 01:45:22 PM |
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I still have my cardano in holding and not planning about selling any time soon , but adding more? nope I am not interested because there are so much to consider , factors and speculative .
and indeed that I am not trusting this to be an investment soon .
you have a valid point mate , but be careful still .
Maybe some investors still want to buy more Cardano because they feel Cardano is one of the hidden gems they are looking for. If you're not interested, that's fine too. The important thing is we can find more info before investing in any coin and still be careful, as you said. I still own Cardano and have no plans to sell it, especially in the unstable market. It is possible that later there will be a large-scale movement from Cardano so that the price can increase. |
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TheSpiral
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May 30, 2023, 06:22:55 PM |
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Cardano is not looking worthy now as many other chains are doing better than this. Most people were expecting very big from cardano and was favourite coin if 2021 but it's disappointed it's community and investors and people are still just waiting for good news and nothing real are happening while other new projects Sui and Aptos become famous very well amongst community. I think we should not invest new Fund in it, if someone already buy then just hold it.
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_BlackStar
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May 30, 2023, 06:36:02 PM |
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Cardano is not looking worthy now as many other chains are doing better than this. Most people were expecting very big from cardano and was favourite coin if 2021 but it's disappointed it's community and investors and people are still just waiting for good news and nothing real are happening while other new projects Sui and Aptos become famous very well amongst community. I think we should not invest new Fund in it, if someone already buy then just hold it. ADA is not one of the altcoin I would be most interested if I plan to diversify the assets in my investment portfolio. But perhaps, the OP could have done it in small rather than larger amount than I was expecting. This is purely speculative - but if the bitcoin bullrun is able to drive ADA interest and trading volume, then holders might get 3-4x return on their investment. Who knows - this is speculation based on an analysis of the ADA on the market. |
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GelatikKembar
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May 30, 2023, 07:37:03 PM |
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If you ask whether Cardano is still a good investment, then I think it's still good investment, but if your question is whether Cardano will jump ten times when the bull run came, then I think it will not. With the current situation of Crypto I doubt any top 20 or even top 100 coin will go 10x even when there is a bull run, more over no one knows when or if the bull-run is actually happen
but Cardano is still very feasible for long-term investment, because Cardano's price is still below $0.5 which is a very low price compared to what they built, I'm still sure I can reach at least 5x on Cardano when it's bullish. |
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merekamo
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May 31, 2023, 01:15:07 AM |
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Advice :- If you do not know what you are investing just keep away from it.
Instead of cardano just look at ARB, SUI, BNB
Never heard of them so will stay clear of them too. Well I know BNB but not a fan. Cardano is an old coin that hasn't done anything serious since its creation. It has strong patrons behind it, roughly like Ripple. If you want to make life better for the people who are developing Cardano, you can invest in this project. But I am not sure that you will get good profits, because the coin has made huge growth in the past, and now it is time for it to be trashed, as it has been repeatedly with similar projects such as eos or xem. I partially agree with this answer, but I have add opinion. While it's true that Cardano has been around for a while and has strong patrons behind it, I wouldn't dismiss its potential for growth in the next bull run. The Cardano project has been making progress in its development, and it has a solid research-driven approach. However, predicting a 10x growth is always uncertain in the volatile crypto market. It's essential to do thorough research and consider the risks before making any investment decisions. |
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bittraffic
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May 31, 2023, 01:44:35 AM |
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Well now Cardano is going into the meme ways. Did you hear about new meme coin called $Snek it was launched 15 days ago? It has gained 425% in just these 2 weeks after the launch. And 72% in just past week. Its marketcap went from $275k to now marketcap of $61.6 Million. I think this is 'bullish' news for Cardano and makes it still good investment. https://tokenist.com/cardano-has-a-meme-coin-now-and-its-up-425-over-two-weeks/So much hype about this meme lately that I checked it yesterday, it grows more than 35%. I think this is the best meme for now that is worth about 0.001$ none of the memes that is worth that much as of now but doge. But the community forgot that the first meme that is most popular according to the community itself was the HOSKY token. Its unclear why Snek suddenly fly but its making Cardano popular. |
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mich
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May 31, 2023, 04:44:43 AM |
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Cardano has now launched its smart contract platform called Marlowe. https://marlowe.iohk.io/There are so many new things going on in Cardano. It is still a good investment for someone who wants to add to his portfolio. https://www.youtube.com/watch?v=Lq2tmN7p_D4 |
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SaveOurSea
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May 31, 2023, 06:37:23 AM |
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Cardano's all time high is at $3 and currently the ADA price is trading at $0.3 and yes it's still under $0.5 then we are still hesitating to enter ADA?,
take a look at this project what they are doing is really amazing, you can check out Github from the Cardano team and they are very active,
if you ask is ADA worth for investment? obviously the answer is very Worth it!.
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mdzahed134
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May 31, 2023, 02:39:22 PM |
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Cardano (ADA) is top #7 ranked coin according to Coinmarketcap, so it’s can't be considering a bad coin. It’s bearish market so mostly altcoins are very low price, i think you can include it in your portfolio. It’s ATH was 3$+, it’s difficult to predict it will reach 10x or not in the next bull run, but i hope it will hit 2x-3x.
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