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Hmikael
Jul 25, 2020 1:45 PM

ADA/USD Monthly trading plan for next bullcycle Long

Cardano / US DollarBinance

Description

Are you prepared for this? Shelley mainnet launch is so close.
You can also not take profits and simply continue steaking through the next bubble and accumulate rewards towards 2024 halvening. For example, suppose Cardano peaks at $ 5 in this period and retrace 90% between 2022-2024 to $ 0.50. This requires strong confidence, but throughout the fall you will still be getting rewerds for steaking. In fact, I plan to invest over the years and look to the years 2025-2027. The project has a great roadmap long into the future, and I see the possibility that Cardano will overtake Ripple and Ethereum and deservedly take its place as the second largest cryptocurrency.
Do yourself a favor ... buy +100k ADA.
Comments
ThumbSkin
So stake 100k ADA (15K USD) and get 1% ADA rewards annually?? Ya no I'll pass.
Token329
@ThumbSkin, more like 4.6% annually (expected). This project has more potential to the upside because of the Goguen and Voltaire updates. Smart contracts, dapps and DeFi are coming.
Hmikael
@Token329, Well said.
ThumbSkin
@Token329, ok I'll have to look more into that more
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