Is Cardano still a good investment?

[BaeSuzy]

Yes, The reason why i like this coin because the dev and community is so active, has fundamentals and new developments coming all the time. One alt definitely worth buying, at these levels.

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[WalkerIVIV]

too many newer coins with etter potential released nowadays that I think the potential that ada have in term of for investment is inferior nowadays.
i think ada isn't really good for investment anymore unlike when its first appearance.

[ahoenk]

When we enter bull cycle in 2021 i though cardano will made it, and now after i saw their price does not even got any better in 2021. Now there are a lot of better technology in term of smart contract coin. A lot of New powerfull L1 network like avax, solana, polygon, etc... cardano will never beat them. Also there are a lot of eth solution / L2.

[kotajikikox]

Yes, The reason why i like this coin because the dev and community is so active, has fundamentals and new developments coming all the time. One alt definitely worth buying, at these levels.

then why staying in this position ?
https://coinmarketcap.com/currencies/cardano/

if the activity of the admin and team is the basis of good coin then all shitcoins must be on top now?

what I see in Cardano is that it is being used as tools for something only the dev and the team will prosper .

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.

remember that even ripple and Litecoin are once ranked 3 mate but look at them now.

[davide72]

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.

many investors will likely be very disappointed with some top altcoin, better for you to make only x 3 with btc but secure money

[nurilham]

When we enter bull cycle in 2021 i though cardano will made it, and now after i saw their price does not even got any better in 2021. Now there are a lot of better technology in term of smart contract coin. A lot of New powerfull L1 network like avax, solana, polygon, etc... cardano will never beat them. Also there are a lot of eth solution / L2.

Cardano made its ATH in 2021, it was in the altcoins season (bullrun phase). We are now still in the bearish season, it makes sense if Cardano price can't be as well as in 2021. You must wait for the next altcoins season to see a better price of Cardano. The next altcoins season probably happens in 2024-2025, so we must wait for 1-2 years. Anyway, Cardano doesn't need to beat other crypto projects to have a better price. As long as Cardano teams improve the projects, there will be always hope for a better value of Cardano price in the future.

[Teraboy]

i just don't think that coins like ada will thrive anymore, with the presence of some L2 that have better usage honestly, all we need actually are just some layer 2 for ethereum in containing some of dapps that requires massive amount of transaction executions like blockchain games, with L2 it's easily solved, and moreover these L2 are also uses ETH for their fee, they are just better honestly.

[gaston castano]

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.

Diversification is a common strategy in investing. By spreading your investments across different assets, including cryptocurrencies, you can potentially reduce risk and take advantage of various market opportunities. Bitcoin (BTC) is the largest and most well-known cryptocurrency, and it has historically shown significant growth and potential as a long-term investment. However, no investment is guaranteed, and it's essential to evaluate the potential risks and rewards of each investment opportunity.
that why we need to spread our investment.

[huu78]

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 think it will be very difficult to make a top 10 cmc, giving 10x the profit especially in a short time, but if you want to take profits and not be too risky it is an option worth considering.

[judaspriest]

i just don't think that coins like ada will thrive anymore, with the presence of some L2 that have better usage honestly, all we need actually are just some layer 2 for ethereum in containing some of dapps that requires massive amount of transaction executions like blockchain games, with L2 it's easily solved, and moreover these L2 are also uses ETH for their fee, they are just better honestly.

Just trust the developers from Cardano, if you trust them they will pay for that trust to come to you,
even though many Layer 2 projects have been born in crypto currency projects, they still haven't been able to beat ADA,
it's clear that ADA's market cap is still in the top 10 and that's the answer that Cardano is still very worthy of investment.

[GelatikKembar]

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.

[BatonNakroshil]

If you're looking for projects like Cardano you should pay your attention to NeonLink, I think those guys have a huge potential
If Cardano is not the best way, then there is an opportunity to find new, fresh project
DYOR

[someone703]

While the current price of ADA may be significantly lower than the ATH  level, past performance does not guarantee future results. But I still see the potential for ADA to come back and hit a new ATH. Recently, I have also seen a lot of good news regarding coins. Moreover, the transaction volume on this blockchain has also increased significantly. Therefore, this is also a good choice on the investment list. You can also refer to ARB and SUI. I think these two coins will have explosive growth in the next cycle.

[bitkanu]

i just don't think that coins like ada will thrive anymore, with the presence of some L2 that have better usage honestly, all we need actually are just some layer 2 for ethereum in containing some of dapps that requires massive amount of transaction executions like blockchain games, with L2 it's easily solved, and moreover these L2 are also uses ETH for their fee, they are just better honestly.

Just trust the developers from Cardano, if you trust them they will pay for that trust to come to you,
even though many Layer 2 projects have been born in crypto currency projects, they still haven't been able to beat ADA,
it's clear that ADA's market cap is still in the top 10 and that's the answer that Cardano is still very worthy of investment.

well isn't the fact that they are already ranked so high means that they probably will not give that much profit in the long runs? maybe its potential already drained, which means it's better to invest in new coins altogether.

[ningrum]

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 think it will be very difficult to make a top 10 cmc, giving 10x the profit especially in a short time, but if you want to take profits and not be too risky it is an option worth considering.

Cardano is one of the top 10 altcoins which in terms of market cap Cardano has a large market cap,
so pumping 10x in the short term will certainly be difficult because ADA is not a pump and dump coin,

but for the long term ADA still has great potential to increase 10x or even 20x,
it's just that the Bitcoin marketcap has to get bigger again from now on.

[Lagduf]

Since ada was launching its smartcontract and where the fuck projects that announced to release their smartcontract on ADA? I never heard them all anymore. ADA's smartcontract was disappearing like nobody care about that.

People are still putting their money in this shit. 

[SaveOurSea]

Cardano still has the potential for at least x2 in the next bullish season,
but we as investors don't be too greedy if you already get a profit,
because we know that Cardano has tough competition with other altcoins that are both building technology.

[raidarksword]

ADA will still be all worth to go venture with especially with the market we have right now that everything went down due to many fuds created by sec. Despite all that, ADA still sitting at top rank on CMC which makes still worth to invest with which remains a choice from major investors out here.

[TastyChillySauce00]

https://www.coindesk.com/business/2023/06/12/cardano-developer-iog-restructures-to-venture-studio-model-lays-off-some-staff/

Well done ADA. It seems like that this company has been turning into the small scale company. Who the fuck keep trust this garbage blockchain? So, billions of money wasted for nothing.

ADA is dead man. It tell you the truth. The company was starting to lay off caused by this is a non profit busines model. Waiting for another lay offs to come soon.

[beerlover]

https://www.coindesk.com/business/2023/06/12/cardano-developer-iog-restructures-to-venture-studio-model-lays-off-some-staff/

Well done ADA. It seems like that this company has been turning into the small scale company. Who the fuck keep trust this garbage blockchain? So, billions of money wasted for nothing.

ADA is dead man. It tell you the truth. The company was starting to lay off caused by this is a non profit busines model. Waiting for another lay offs to come soon.

They were always a small scale company, they always looked at this as a startup, and that's the entire problem with the system. If they are a company, who keeps it afloat? How do they pay for the bills and the salaries? They are paying it with either by selling their own coin ADA and making it drop, or you are paying it by donating to them.

In the end, this would not work for too long and that's why it shouldn't have even be considered a good one, any project that has a company or a startup or a team of people behind it will require money, they need to live somehow, what are they going to eat. This is why I believe that we shouldn't really be investing in any of them, they can't scale too big and when they get close to it, they will burn out.