Hey Hivers,
I have been in Crypto market from last 2-3 months and i have invested in many CRYPTO CURRIENCES like BAT , STELLAR , RIPPLE , MATIC etc. and have been profitable but not that much in case of percentage.
So last month i got to know about CARDANO(ADA) crypto. Since that day it has given me over 125% return .
Yesterday only it touched 3$ mark making it over 140% return.
Now the biggest question arise here is whether we should buy ADA or not.
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Here i have shared a 15 minute chart with you all . Here you can see after touching 3$ marks market fell a bit and went for correction ,but not a big one.
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Here in 1 DAY chart you can see market is in up trend i.e market is moving up at a good pace after 2-3 months of consolidation and is making ascending triangle pattern.
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Main reason behind this up trend is the FUNDAMENTAL STRUCTURE of ADA. When whole crypto market was in RED , ADA was the one who kept his place and was among the one who was in GREEN during that period.
Moreover ADA has got SMART CONTRACT which is also a good news and after this news investors has started to invest more in this, and it has become 3rd most CAPITALIZED cryptocurrency.
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So according to me it is the right time to invest in ADA and wait for 1 year and you can have more than 500% returns.
Thank You So Much ❤ I hope you like what i shared.
Cardano is a serious project, but it's been called a ghost chain because it's a smart contract crypto-currency without smart contracts. In two weeks when they finally go live we'll see. I think it'll be great, they have one of the most serious core of devlopers and programmers of any project. I've DCAd my bag at about $1.20 so happy with the reurns +staking so far, their Yoroi wallet is great so much simpler than Polkadot or Solana to stake and so much more user friendly. Polkadot.js is a nightmare. When, not if, but when the bear market comes ADA could easily lose 70-80% of it's value, so even if it hits $5 this bull run it could easily go back down to $1-2 range. Five to ten years it's a great investment, just be cautious of altcoins that are at their all time highs. Thanks for the post.
What's convinced me to invest (5-10 year hold time) is the fact that they base their development on peer-reviewed research. The founder seems like a really intelligent and careful guy, likely related to his strong affiliation with the founding of the ETH network. Cardano is notoriously "slow" at developing but that is because their core philosophy is to take their time coming out with infrastructure and launching only when it is ready to go, contrasted with Ethereum which launched quickly and planned to patch it when needed. Whether this "do it right the first time" approach means they will be the most popular form of crypto, or if it means they will fall behind those that rush their projects out and push patches when problems are found, is anyone's guess, but I personally agree with Cardano's philosophy of doing it right the first time despite the increased waiting time required to launch. Furthermore, smart contracts are on the way (popular phrase, amirite) and the Cardano network is growing at a fast pace.
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