At this moment you can see bullish divergence forming on RSI daily at lots of USD or USDT pairs .
ADA looks promising for end Q4 and whole Q1 in development.
They will release hot and cold DPOS support and lots of people already transferred coins from exchange - since exchange wallet types cant participate in POS.
Metapps provides valid use-case for ADA in Korea. And according to new RSI positive divergence setup looks like there is not much left to sell.
Chain it self looks like a virgin coin , with only 1000 USD you are in top 15% of holders - adascan.net/my-rank/
Cardano project is fully financed till 2020 and according to roadmap they will finish project before planed end date.
This is in my opinion very low risk , very high reward position in whole crypto sphere.
Check their website and tell me if you can find coin with such fundamentals in this shady space - cardano.org/en/home/
I feel like im watching at BTC project back in 2011.
Get rekt mate, bearmarket isn’t going to make an exception for your precioud coin
UnknownUnicorn357720
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@TorreSassen, Are you suggesting this is going to $0.00000?
Polyphonica
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I understand your logic...but if Crypto prices remain too low for too long some projects may fold. I'm not suggesting Cardano would be a project that folds but within the near future the Crypto landscape might be quite different which in turn results in a different future outcome for each crypto other than matching or beating it's previous ATH during the next bull run. There must currently be a lot of "have a go" investors that have got burned from this last bull run....if the volatility remains too high they aren't likely to be putting more money in for the next round when there might be the risk of even bigger losses.
UnknownUnicorn357720
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@Polyphonica, So you're saying we will not reach the ATH?
schizaar
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@brandonj, I guess so :) I suppose @Polyphonica suggests that within current situation, it might more likely slowly unfold into the plateau of productivity as Gartner's hype cycle tells. If we are lucky enough not to watch the whole crypto market crumbling apart with current multiple bear moves.
Polyphonica
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@brandonj, At the moment we have a market where a move in Bitcoin generally impacts every other crypto. Other than "pump n dump" there aren't many occurrences where a crypto moves independent of Bitcoin. If you talk crypto to outsiders chances are they've heard of Bitcoin but can't really name many or any other currencies. At the present time Bitcoin keeps dropping and making new lows and every day somebody is calling the bottom until there's another new bottom etc. Bitcoin requires mining activity to run it's network. The price of Bitcoin currently makes mining unprofitable. As I understand it if all mining activity ceases the Bitcoin network will not function and at this point Bitcoin will genuinely have no value whatsoever. Other crypto's could survive such a scenario but the whole use-case might be called into question. If Bitcoin lost all of it's value due to a network collapse outsiders will see this as the end of crypto and investors who got their fingers burned will hardly be jumping to invest in other lower profile cryptos.
I really believe in the technology and I'm not a Millennial. I'm not quite sure that we have any crypto yet that is a good total replacement for any FIAT currency and I'm not sure that I do accept the idea of Bitcoin being a replacement for Gold. That said I do hold some Cardano as I do believe it's one of the best projects. I'm not saying that Cardano can't reach or surpass the ATH but I can't see that happening within the time frame you've indicated on your chart (maybe in future between November 2019 and March 2020). I'm just not sure (given the points I've mentioned) that it's safe to assume that any or every crypto is guaranteed to meet or beat its ATH. Institutional investors will ultimately pour money into crypto (assuming that we survive the current Bitcoin down trend and other developments such as approved ETF) but institutional investors can play weird games in the markets so future rallies might not be as fast and as furious or equally an institutional investor might generate even bigger and faster selloffs then we're currently seeing.
rhb_3000
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You must be high
UnknownUnicorn357720
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@rhb_3000, What's wrong with this buy? not low enough for you?
ADA looks promising for end Q4 and whole Q1 in development.
They will release hot and cold DPOS support and lots of people already transferred coins from exchange - since exchange wallet types cant participate in POS.
Metapps provides valid use-case for ADA in Korea. And according to new RSI positive divergence setup looks like there is not much left to sell.
Chain it self looks like a virgin coin , with only 1000 USD you are in top 15% of holders - adascan.net/my-rank/
Cardano project is fully financed till 2020 and according to roadmap they will finish project before planed end date.
This is in my opinion very low risk , very high reward position in whole crypto sphere.
Check their website and tell me if you can find coin with such fundamentals in this shady space - cardano.org/en/home/
I feel like im watching at BTC project back in 2011.