Advice :- If you do not know what you are investing just keep away from it.
Instead of cardano just look at ARB, SUI, BNB
yes I agree if ARB, SUI and BNB are good choices to invest, but ADA is also a good choice, because ADA is in the top 10 and the price -91.67% of its ATH price, so I'm sure that ADA can give a big profit if we invest now and hold until the altseason comes, because when the altseason occurs, then the price of ADA will definitely increase again and most likely will return to the ATH price or even more than the ATH price, so of course it will make us get a lot of profit by investing in ADA at this time.
having fallen that much from all time high doesn't necessarily its gonna recover back to that point though, though it can't be denied the fact that ada is having really good trading volume nowadays, but it might just fall down even worst in the future.
but there's also big chance that it will rise so I guess there's no problem investing in it, but I personally would choose a newer coins just because its newer meaning it has untouched potential that might easily increase in value whenever bullrun comes.
i always think that the only old coins that deserving investment is always either bitcoin or eth and thats it, the other might gets reduced in terms of market capitalization easily due to the changing of cyclle since as you know bearish and bullish always change around the ranks of these coins in general.