Experts agree: Cardano can go as high as $5 this year! How to buy step by step guide!

In short, Cardano (ADA) wants to become the first all in one cryptocurrency. Still under development and exuding great potential, there is no doubt that Cardano has had a good run since its launch in September 2017. Another important thing – Charles Hoskinson, Cardano founder, is also a co-founder of Ethereum. So he isn't new in the cryptoworld and have huge experience.

Why Cardano should be one of the top pics for 2018 (this is not a financial advice)? According to the the developer team’s estimates, in Q2 2018 the minting of ADA coins will go fully distributed and the network will finally be considered to be alive. If you look at the roadmap, most of the things to be achieved by end of the second quarter of 2018 – are already above 50%. As soon as things like staking, multi-signature transaction, wallet backend, debit card, human friendly addresses will be implemented – there's a good chance that the price of Cardano coin ADA will skyrocket and probably will reach $5 by the end of the year.

– If you invest $200 today (~$0.4 per ADA), your reward can be $2,500
– If you invest $500 today (~$0.4 per ADA), your reward can be $6,250
– If you invest $1,000 today (~$0.4 per ADA), your reward can be $12,500

Also, Cardano isn't limited by $5. It can go higher, but to reach $10 or $15, you will be needing to hold your investment for 3-5 years. But the reward will be 2x or 3x higher. So don't invest recklessly – have a strategy, when you will sell and invest somewhere else, or go to your dream vocations.

Another thing, but it only concerns you if you are a millionaire – you can buy a large amount of Cardano coins (like 100,000 or 200,000) and receive passive income by holding them in a process called Staking (available in Q2 of 2018). Basically you get a certain percentage of your coins as a reward, because you will be using your wallet to confirm transactions. It's like bitcoin mining, but don't require expensive hardware.

But be advised, that crypto currencies are five times more volatile than the S&P 500, so don't invest more than you can afford to lose. In other words – don't put your life savings.

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IF YOU DON'T KNOW HOW TO GET CARDANO – A SIMPLE STEP BY STEP GUIDE:

Step 1. Register at Binance exchange (right click and open the link in new page). I recommend this exchange, because Binance never was hacked and have low fees. Registration process is easy. Just click Create new account or Register (top right corner), fill your email and password, confirm the Terms of Use.

After that, drag the slider in popup screen to fit the puzzle piece. Now go to your email and confirm registration. The only thing left is to do – log in to your account, read and agree to safety risk notices and enable Two Factor Authentication (2FA). To enable 2FA, you will need Google Authenticator app in your smartphone (available for iOS as well as for Android). Skip 2FA for now, but don't forget to enable it later, after you download application for your smartphone.

Step 2. Let's find out your Bitcoin Wallet address by clicking Funds and selecting Deposits option form the menu:

After that, enter "BTC" in search field and select BTC – Bitcoin from the dropdown menu:

Step 3. This is your new Bitcoin wallet address! You can give it to anyone, and people will be able to send you money using this address. You can put this address for example in your YouTube videos and ask for tips, etc.! The possibilities are unlimited and hey – you just joined the crypto community! Click Copy Address for later use.

Step 4. To exchange bitcoin (or Ethereum, etc) we have to buy bitcoin and send it to your Binance bitcoin wallet. If you already have some bitcoins, just send to address created in Step 3 and skip to Step 9 . If you don't have bitcoin, let's learn how to buy them! BTW, you don't need to buy whole bitcoin! Just like you don't need to buy one kilo of gold, if you decide to have some gold. You can buy 1%, 5% or any amount you want.

There are few options to buy bitcoin (right click and open the link in new page). And because you followed my guide, when you buy bitcoin you will get extra $10 or 5€! How cool is that?

– Coinbase for people in United States of America
– Luno for people in Asia or Europe, using bank transfer
– Bitpanda for people in Europe, using credit or debit card

So if you are in United States or somewhere in Asia, you have only one option for now. For Europe, you can choose Luno or Bitpanda. The main difference is as follows: you don't need ID verification using Luno, but your buy limit until you verify will be 1000 Eur. Also, bank transfer takes 1-3 days. If you choose Bitpanda, you will have to verify your ID, but after that – no limits to buy or sell bitcoins or other supported crypto. You can also use Credit or Debit card to buy instantly, or do the same using #Skrill or #Neteller accounts (they are Europe's Paypal rivals).

I recommend Bitpanda because their know your customer process is fast, and you don't have to send you documents, only show them using your web camera or mobile phone to agent. This will take about 10-15 minutes. Because people usually use Bitpanda, I will write down here steps for Bitpanda (but there is some tips in Step 8 for Luno and Coinbase).

Step 5.Register an account using your email address and solving puzzle. Go to your email and verify your account. In the next step – create password and finish registration.

Step 6. Now you will have to make 3 steps, to get Gold verification level. So you will have to provide your cellphone number, your residence location and show your passport or ID card to know your customer agent. Don't worry, it's safe and will take you 10 minutes. Click on Verification tab and choose IdentityTM or IDNow service. Then enter you cellphone number

Step 7. After your registration is completed, click on Wallet, make sure Bitcoin is selected on the top, and click Buy.

In the next screen selection payment option, which is best for you: Bank transfer, Visa / MasterCard, etc. Also enter how much you want to spend on bitcoin.

After that, finalize your order in 45 seconds by clicking on "I hereby agree to.." and "I confirm that..". If you didn't click in time, price will be recalculated. Proceed with the payment.

Step 8. If there is no peak, you will see your Bitcoin amount in your balance after 5-10 minutes (but sometime it can take longer, so don't panic and wait). Now go to Wallet section and click Send. It's time to send your bitcoin to Binance wallet, that we created in Step 3.

Paste your Binance wallet address in Payout address and double confirm it. You will lose money if you send your bitcoin to the wrong address. After that, click All near Choose amount to send all of the bitcoin. If you set-up Two Factor Authentication (2FA) for Bitpanda, you will have to enter 2FA key. After you click Send*, you will have to go to your email, and confirm pending transaction.

For Luno and Coinbase – the process is the same. Buy desired amount of bitcoin, find Send option and paste Paste your Binance wallet address, created in Step 3.

Step 9. Go back to Binance exchange. Once again click Funds > Deposits and wait for Bitcoin transaction confirmation. Usually it takes about 10-15 minutes.

Step 10. After your bitcoins successfully drops in Binance wallet, it's time to exchange them to Cardano! In order to do that, please click Exchange, and then Basic.

You will see a screen with a lot of numbers and charts, and people behind your back will think that you are very smart! But the thing you need to do, is to enter ADA in search field and click on ADA/BTC in search results.

Now click on Market and 100% below amount. This means that you are exchanging 100 % of available bitcoin to Cardano. If you want to change half of bitcoin amount, for example 50% – click 50%, etc. Finally, click Buy ADA.

Step 11. Congratulations! You just did it! Now it's time to check if exchange was completed. Click Funds, then Balances and review your purchase. You can click Hide small assets so all the other coins (that you don't have) will be hidden.

CONCLUSION

Once again – I'm not telling you to buy or sell, and I'm not giving financial advice here. I'm just urging everyone to think rationally, not emotionally or recklessly. Don't act based on panic thinking like "OMG the price is going to $0.01 and I will miss my chance forever to retain some value if I don't sell right now".

Nothing rises in real value to infinity. That's impossible. I can guarantee that there will be a large and long-lasting crash/downturn at some point, when your only option would be to stay strong and wait for better times. Bitcoin was dead more than 100 times, but every-time –value went back up and reached new heights. The same goes for Cardano. So be strong, have strategy and sell when you reach your goal!

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