Is Cardano still a good investment?

[bitterguy28]

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.

How I wish that many who tend to support Cardano will leave ASAP or they will be burned down together , just like what you said this has been a dead project and yes there are billions of dollars that already wasted and lets not add those who losses.
when we can survive investing in real and worth trusting one like Bitcoin or atleast Ethereum .

[mich]

Well I do think it is now risky to invest in any alt coin. We just do not know when this losing of profits will end. It will happen we know this just when is the question to ask ourself.

If I am going to invest in a alt coin, it would be Cardano. It is much cheaper now and in last bull run of 202-2021 ADA has 16,000% gains. That is more then BTC 2,100% gains and ETH 6,000% gains.

[JamesDaniel90]

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower 

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

[Doan9269]

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

The market is bearish already and now is still a good time to set in for any aspiring cryptocurrency to invest and hold, this is most common to other cryptocurrencies that they all seems to move on the same terrain but with just some slight differences, we are still in the bear season.

I am debating if I should buy another 600 soon or wait to see if we fall lower 

There's more possibilities that the market will get more dip anytime soon and also rises since the volatility will increases the more as we are getting more closer to the bullrun, why not buy nore or diversify to hodl more other cryptocurrencies to increase your profitability chances and opportunities.

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Expect it more than that or a little more lower to this but there's more hope that things will go higher than being anticipated for

[fzkto]

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower 

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Why did you choose cardano as an investment? I don't understand what they offer that other projects don't have. It seems to me that it is a dead project that has not done anything worthwhile in such a long time of development. It will take some time and it will be replaced by another newer project. I don't see the point in investing in old projects now. It's better to just save up money to buy something new a little later.

[JamesDaniel90]

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower 

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Why did you choose cardano as an investment? I don't understand what they offer that other projects don't have. It seems to me that it is a dead project that has not done anything worthwhile in such a long time of development. It will take some time and it will be replaced by another newer project. I don't see the point in investing in old projects now. It's better to just save up money to buy something new a little later.

Because I have been in crypto 18 months now and a lot of people have been banging on about it and it never interested me but due to the crash thought it was worth an investment.

If it crashes further will buy more if not will just hold

[LoganSibley]

Cardano and project like Cardano for example NeonLink is always deserve your attention that's for sure!
We can see how popular this project is and how powerful the tech part
No matter what I think there will be a huge opportunity for web3

[Romeotom]

Yes cardano like a good investment because they have lot of volume with larger investors community. Just a one bull waiting then cardano price will rising more in my opinion. Anyway new technology lot of good effect for a old project so if they have then they will long run.

[monineklutak]

Cardano still ranks 7th according to coinmarketcap, of course ADA is still very suitable to be a future investment asset,
moreover, ADA's price is still relatively cheap and you can buy ADA at the current price and then hold it, then you will get x2 profit in the future.
don't worry about the development of the Cardano project, even though this year ADA hasn't shown good progress and even looks quiet, but I'm sure ADA will surprise us.

[doomloop]

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower 

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Good for you mate. That 600 Cardano was a good start but if you truly believe on the project then you need to add more in your bags. For now, you can try to wait and see if it falls down, since the bull run seems to be delayed again. BTC has fell from $27k and it was expected that other coins can follow. That is because the SEC are still hot with the cryptos and companies that surrounds it.

There is no way to predict if you much profit we will get so don't say that you can get an easy 15x as that sounds easy for you to say it. Maybe you need to lower that expectation of yours first for a coin which are being dormant for a very long time. Anyways good luck in your Cardano investment journey.

[bittraffic]

I bought my first 600 Cardano last week at £0.19 as felt it was great price and too good to miss.

I am debating if I should buy another 600 soon or wait to see if we fall lower 

If all goes well for Cardano it should be a pretty easy 15x from current price next bull run.

Good for you mate. That 600 Cardano was a good start but if you truly believe on the project then you need to add more in your bags. For now, you can try to wait and see if it falls down, since the bull run seems to be delayed again. BTC has fell from $27k and it was expected that other coins can follow. That is because the SEC are still hot with the cryptos and companies that surrounds it.

There is no way to predict if you much profit we will get so don't say that you can get an easy 15x as that sounds easy for you to say it. Maybe you need to lower that expectation of yours first for a coin which are being dormant for a very long time. Anyways good luck in your Cardano investment journey.

It appears he already profited in a short period of time. One that is very troubling for this Cardano this time is that after awhile of seeing the project grow. the prices still plummets that low, unlike the SOL or AVAX. This project will be some kind of pump and dump like those 2017 projects.

It's still not like ETH where there are users using the token to invest in projects while today after 5 years ADA has more things to prove. But Hoskinson is chasing Aliens 

[JamesDaniel90]

Update - I decided to sell my Cardano for XRP for 25% profit.

I feel XRP is only weeks/months away from winning the lawsuit so want a few thousand XRP for when they do as it will pump when they win.

If Cardano falls below $0.25 again then I will buy more then.

[Psynthax]

Yes cardano like a good investment because they have lot of volume with larger investors community. Just a one bull waiting then cardano price will rising more in my opinion. Anyway new technology lot of good effect for a old project so if they have then they will long run.

I think when it comes to investing in relatively more established coin we should also be looking
at their performance based on past chart, though this coin was favoured by many it stuck for so long already that I doubt its gonna be that great in the future.

[shinratensei_]

Well I do think it is now risky to invest in any alt coin. We just do not know when this losing of profits will end. It will happen we know this just when is the question to ask ourself.

If I am going to invest in a alt coin, it would be Cardano. It is much cheaper now and in last bull run of 202-2021 ADA has 16,000% gains. That is more then BTC 2,100% gains and ETH 6,000% gains.

I guess the massive pump was due to the fact that it's relatively new coins.
if we are comparing the percentage of gains within the previous bullruns we should also take into account what ethereum and bitcoin are initially.
they also have that massive increase but right now their increase significantly decreased because their value are already sky high enough that even the slight increase
would already make their market capitalisation added so much value.

[houseatreidess]

Cardano is always a good option but I'd recommend you to keep your eye on Neon Link NEON
If you don't know what you're investing for then simply don't
Don't look at the charts and follow the hype
Dive into the subject! It's better for you

[sana54210]

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.

How I wish that many who tend to support Cardano will leave ASAP or they will be burned down together , just like what you said this has been a dead project and yes there are billions of dollars that already wasted and lets not add those who losses.
when we can survive investing in real and worth trusting one like Bitcoin or atleast Ethereum .

I know that ADA looks like its going to be crashing pretty hard, with all the bad news coming out of there, I know that it doesn't look good and there is rarely ever a recovery after such big cost cutting. However, I believe that if you do not have too much, then maybe sticking with it a bit is fine. I have less than 5% of my portfolio in ADA anyway, its very small, like 2-3% at most and that means even if it goes to zero, its not going to really matter to me all that much.

I believe that we are going to see it recover a bit when the bull run starts, they were in trouble due to bear run taking so long, and they need it to go back up eventually. Do not have a lot of money in there, but having something like 2% does look like it's fine.

[royalfestus]

To select a project for investment, rely on both your intuition and the available information. When someone asks such questions, it often appears as if they are seeking someone to blame in case the project fails. It is always recommended to diversify your portfolio when investing by choosing projects with varying levels of risk, both new and old. This strategy helps mitigate any potential losses in a project. Keep in mind that any project can face challenges, and no one has access to all the information all the time.

[RewFrew]

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.

Yes i think Cardano is still good coin for invest. Cardano is good position on cryptocurrency market. Now it’s position 7th on coinmarketcap. Today cardano prices is $0.29. And it’s marketcap is $10 Billion and today's volume $175 million. So i think Cardano is not as well as coin. Two years ago cardano price was near about $2.80. That was ATH for cardano. Now it’s price $0.29. I think in bull market cardano price will go moon. My thinking cardano price will easily hit $3.

So i am agree with you in bull market cardano price will go 10x easily. I also holding some Cardano and aspecting for 10x that's means $3. And i strongly believe Cardano price will go new ATH in future bull market.

[Doan9269]

To select a project for investment, rely on both your intuition and the available information. When someone asks such questions, it often appears as if they are seeking someone to blame in case the project fails. It is always recommended to diversify your portfolio when investing by choosing projects with varying levels of risk, both new and old. This strategy helps mitigate any potential losses in a project. Keep in mind that any project can face challenges, and no one has access to all the information all the time.

Another additional move is to thoroughly narrow the research on that coin and don't be emotionally persuaded, but rather have a good background study, Cardano has been among the digital currency one can invest on, we take the risk by investing on the currency to always have the opportunity to make profits, these projects also faces some challenges but many of them manage to stay due to rapid fundings.

[judaspriest]

Yes cardano like a good investment because they have lot of volume with larger investors community. Just a one bull waiting then cardano price will rising more in my opinion. Anyway new technology lot of good effect for a old project so if they have then they will long run.

I think when it comes to investing in relatively more established coin we should also be looking
at their performance based on past chart, though this coin was favoured by many it stuck for so long already that I doubt its gonna be that great in the future.

Basically it's normal that doubts will arise and I think it's about trust,
regardless I still see Cardano as a coin with potential,
we'll see what it will be like in the future.