Is Cardano still a good investment?

[dansus021]

after BNB ARPA CHAINLINK now Cardano 

share a chart.

Just like the chainlink and bnb i have same common thought my short term target would 0.3 or alteast the gap need to be filled first at that certain of level and my mid target is 0.38

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[Dr.Osh]

after BNB ARPA CHAINLINK now Cardano 

share a chart.

Just like the chainlink and bnb i have same common thought my short term target would 0.3 or alteast the gap need to be filled first at that certain of level and my mid target is 0.38

I also checked on CMC that the Cardano chart had a significant drop this year. however, I think it's quite reasonable if we look at the development of the bitcoin price as well which tends to stay at the level of $ 25k to $ 30k. this clearly affects the price of altcoins, such as Cardano. However, in the long term, the potential for Cardano is also quite large, perhaps like other popular altcoins. it's just that we can see if he really holds Cardano for a long time.

[mich]

Well even with Cardano issues with SEC calling it a security, there is still other countries who do not agree with this. Crypto Capital Venture founder Dan Gambardello still thinks we can see big profits from ADA cause of country of Indonesia.
He says the country is perfect to become Asia's crypto capital. Indones an government has added ADA as a commodity not a security so next 'bull run' could be big for hodlers of the coin.
https://www.cryptoglobe.com/latest/2023/06/cardano-ada-now-recognized-as-commodity-by-4th-most-populous-country-says-prominent-crypto-analyst/
 

[o48o]

Well even with Cardano issues with SEC calling it a security, there is still other countries who do not agree with this. Crypto Capital Venture founder Dan Gambardello still thinks we can see big profits from ADA cause of country of Indonesia.
He says the country is perfect to become Asia's crypto capital. Indones an government has added ADA as a commodity not a security so next 'bull run' could be big for hodlers of the coin.
https://www.cryptoglobe.com/latest/2023/06/cardano-ada-now-recognized-as-commodity-by-4th-most-populous-country-says-prominent-crypto-analyst/

Countries in plural but just one country like Indonesia?

I mean it's good news for trading it but support of one lower middle income country doesn't really cut it, nor i see it affecting the bullrun, as the altcoin bullrun could happen either way. Charts are already showing some support for it. Fundamentals are scary but ada isn't delisted from anywhere yet and court cases could take years with cexes like binance. They are not going to be able just going to shut it down. All exchanges trading ADA and other altcoins defined as securities are still following a lot of regulations and one issue isn't enough for shutting them down.

[raidarksword]

It doesn't mean it has not moved yet, it's not good to venture anymore on Cardano. It just that ADA is just riding the market sentiments which is a bear market, not just ADA but all atlcoins not yet making moves. ADA still a blue-chip project that not gonna be ignored by anyone. Hence, bear market it's a good buy for ADA for sure because it's gonna make a move once market will slowly recover and head to the next bull market.

[Tomcolor]

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



Instead of cardano just look at ARB, SUI, BNB

No need to try over serious because op want details about cardano, which is good or bad investment issue. Away so cardano still have good invest in my mind because they have many investors community and there have many service where investors can makes some profits. Just a old project sometime believes us even you can buy dip, if the price of cardano gonna to down.

[lunnatic]

after BNB ARPA CHAINLINK now Cardano 

share a chart.

Just like the chainlink and bnb i have same common thought my short term target would 0.3 or alteast the gap need to be filled first at that certain of level and my mid target is 0.38

I also checked on CMC that the Cardano chart had a significant drop this year. however, I think it's quite reasonable if we look at the development of the bitcoin price as well which tends to stay at the level of $ 25k to $ 30k. this clearly affects the price of altcoins, such as Cardano. However, in the long term, the potential for Cardano is also quite large, perhaps like other popular altcoins. it's just that we can see if he really holds Cardano for a long time.

True, however, the decline experienced by Cardano was not without cause,
so I react to this calmly and don't need to worry,
regardless of what it is Cardano is still a coin that has potential I'm sure of it.

[bitgolden]

Countries in plural but just one country like Indonesia?

I mean it's good news for trading it but support of one lower middle income country doesn't really cut it, nor i see it affecting the bullrun, as the altcoin bullrun could happen either way. Charts are already showing some support for it. Fundamentals are scary but ada isn't delisted from anywhere yet and court cases could take years with cexes like binance. They are not going to be able just going to shut it down. All exchanges trading ADA and other altcoins defined as securities are still following a lot of regulations and one issue isn't enough for shutting them down.

It is good news even if it is just one country but of course I agree with you that it is not as much as people would make you believe. It is just one nation and even though they are heavily populated that doesn't mean that we are going to see too much change all at the same time. I believe that the best thing to do in this case is to make sure that people have enough money to go around, and if they can do that then they are going to end up with a good profit one way or another.

I personally hope that the best return would be ADA finally realizing they are a company of devs and they need to keep coming up with new features that will excite the base. If they do that then the price will definitely go up with the joy of the investors.

[lobo13hf]

i'd ditch this as investment since there is significantly better alternative out there, currently sui is losing its value and plummeted so hard, I'd instead invest in this coin since there are still many events in the future that could cause the value to increase, I just don't think ada is good investment anymore but that might be only me, after all ada still having quite the market capitalization and volume which means its not gonna be dying anytime soon.

[CapGelatik]

i'd ditch this as investment since there is significantly better alternative out there, currently sui is losing its value and plummeted so hard, I'd instead invest in this coin since there are still many events in the future that could cause the value to increase, I just don't think ada is good investment anymore but that might be only me, after all ada still having quite the market capitalization and volume which means its not gonna be dying anytime soon.

Yes, again, everyone has their own opinion regarding Cardano,
and for myself i still see Cardano as a potential coin and for investment,
We'll see how far Cardano movement will go.

[mich]

Cardano has just completed 70 million transactions on its network. So I do not think any fud in the news is going to slow down the project. I will still hodl my ADA and hope for big gains in next 'bull run'.

There is still 1261 projects being built on it. And only 131 projects this far have been launched. https://ambcrypto.com/cardanos-latest-weekly-development-report-reveals-this-about-the-network/

[v3liana]

For amazing coin like cardano there is no doubt about the potential for cardano to reach that price. But the important question is "How long?", it gonna take so long for cardano to reach that price. I guess you still don't really know about cardano, i advice you to do more research before you put your money into this.

[o48o]

Cardano has just completed 70 million transactions on its network. So I do not think any fud in the news is going to slow down the project. I will still hodl my ADA and hope for big gains in next 'bull run'.

There is still 1261 projects being built on it. And only 131 projects this far have been launched. https://ambcrypto.com/cardanos-latest-weekly-development-report-reveals-this-about-the-network/

Fud often hits the price, not the chain activity. And even if it was a security, it wouldn't kill ADA. It would just mean that exchanges trading it would need to be able to handle trading securities. Which most of the exchanges trading cryptos are not. Imho this will just make crypto exchanges complying more with regulators. In some ways it's a good thing. But i can see plenty crypto users seeing this as the end of free crypto. There are ways with ZK tech to comply with MICA for example. We just have to build us ready for regulators.

[barhavsky]

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.

[Quidat]

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.

On every cycle, here comes that different new ATH on which surpassing the previous ATH which it is something that we do able to see in the market and comparing it on other coins
specially on top ranking ones on which they do able to break out their previous ATH. So far even ETH hadnt been able to break its 2021 ATh on which means that on this upcoming
cycle then we might be able to see difference. Although there's no assurance that it would happen but at least we arent that blind nor not really that too innocent on how this
market behaves. So far ADA is still really that good, they are still making updates and possible upgrades or whatsoever, it wont really be standing on the top ranks
if it was that a shit project after all.

[Desscount]

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.

[tygeade]

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.

It's a bit bleak these days and I suggested that we should wait. I have seen the news and we discussed this with a few friends recently and we decided that we will get out for now. I am not saying it's a bad investment, I can't possibly know what's going to happen in the future, if I did then I would go find the winning lottery ticket and buy that one instead.

However, at the end of the day ADA looks like it's having a bit of a trouble and why would I want to invest into something that has a bit of a trouble within? It makes more sense to invest into something that will profit me a lot more. This is why we have decided to stay away from the ADA investments and instead we are investing into something that makes more sense, like bitcoin or ethereum.

[mich]

Well many Cardano millionaires still think yes ADA is a good investment. In the last 30 days ADA millionaires have grown their holdings by 3.19% in balances.
This is for investors with 100 Million to 1 Billion ADA tokens. Investors with 10,000 to 100,000 ADA have added 50 Million tokens to their wallets.   
https://u.today/cardano-millionaire-whales-on-steady-buying-spree-as-ada-price-teases-next-move

[o48o]

Well many Cardano millionaires still think yes ADA is a good investment. In the last 30 days ADA millionaires have grown their holdings by 3.19% in balances.
This is for investors with 100 Million to 1 Billion ADA tokens. Investors with 10,000 to 100,000 ADA have added 50 Million tokens to their wallets.   
https://u.today/cardano-millionaire-whales-on-steady-buying-spree-as-ada-price-teases-next-move

OG holders often get stuck with the goldmine (what ever crypto they might be holding) that got their rich in the first place, so they keep investing it again when it's low because they know about it. They follow the news closely and look the charts closely. That's why big whales keep increasing their stacks. They could buy something else but why change the horse in the middle of the race. Going big on new cryptos is just an inconvenient hassle. I have been doing this in the past with some coins that didn't have such high marketcaps. But when you know a coin and it has already given you so much, it's hard to move on something else.

[shinratensei_]

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.