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RE: A reason to HODL Cardano(ADA) - the Holy Grail of Crypto

in #cryptocurrency7 years ago

I'm waiting for Cardano to drop to the last level of support. I imagine it will hit that first level of support bounce maybe 20 - 40% and then drop to the next level (will do a small test buy).

The next support level is where I'll enter and anything below that is where I'll accumulate. Wishful thinking of it going down that low again maybe, but I'm in no rush because of what I'm worried about below.

1 thing that worries me about alts right now is the bitcoin incline on the 1 day chart. In about a week unless it the 1 day closes below and breaks that trend line we'll be possibly looking at $20k bitcoin again.

If you want me to shut-up and don't care about my opinion let me know. I feel like I'm going around telling people to quit trading because I see a lot of people loosing a lot of money in the next few months. I bought the highs this summer and am just now being able to take profits on some coins.

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BTW, I bought 200 Cardano, sold it and turned around and bought 400 and still had change, then sold 200 so I could get into something else.

The 200 I have are bought in at 0.00001050. I'm still up close to 475% right now. I'm not worried if BitCoin shoots up. Also, not really worried, since I've been using my Steem earnings to buy other coins. Nothing really lost.

I've never really bought any crypto either so the only I've ever lose is time lol, but feel it's worth it for the experience.

Oh... no need to shut up.

Heck, if I time it right and am able to get more Cardano at $0.85, I would be happy.

As far as the BitCoin breaking $20k... not today, not tomorrow, but soon.