ADA? CARDANO? What was supposed to be a moon mission after news about the crypto being listed on (Coinbase) turned into a nightmare for most traders who hodl the crypto currency. A huge sell off occured... CB had it listed at higher price then other exchanges. Im still bullish on the project long term despite the recent trend. Why? New (tech) by the project that will continue to set it apart from other crypto currencies & money set to the side by the company in its early stages has allowed them to fund the creation of better development for their platoform. Currently we are at $1.14 im hoping that with things stabilizing it will start to see growth once again in the next few weeks. (ADA) is currently ranked #5 with a market cap of 36+ Billion. What are some of your opinions? *This is not financial advice DYOR - Einvestments051
Need a little time we have been up a lot lately, a little cool down is very healthy
Losing-Up
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Standard sell the peak of the ADA hype with the Coinbase thing.
And in the next few months ETH is going to emerge from FUD, solve it's fee issues... and then regain its title as smart contract king. It will be interesting to see how ADA holds up to that, seeing as it's supposedly better than ETH.
Einvestments051
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@losingup63067 Ahh the issue of high gas fees... really holding ETH back at the moment. ADA has a great team I’m sure they will work something out to guarantee the success of their platform.
codhustlr
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Ada's Value is actually based on speculations et emotions. Technically there is a lot for Cardano to build to get it's real deserved value. Till this happens, ADA holders are missing Many opportunities, many great PROJECTS are doing very well.
Einvestments051
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@codhustlr I HODL a smaller bag in comparison to other crypto currencies I own. With that being said I still believe that in the long run with with right tech created on its platform that it will see a real value of $5 - 6$ to be honest. I’m super bullish on DOT as well.
joolsy71
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If you look at ADABTC Kucoin, 1hr, It is teetering around the neck line of a h&s & the right shoulder is also a double top, it's clinging by it's fingernails, some how holding on from another drop, with little volume, alass!
Einvestments051
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@joolsy71 I’m mainly thinking long term not based on the 1hr it looks like it want to go up from $1.14 currently in my opinion but we will see. Are currently hodl a good amount?
joolsy71
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@Einvestments051, for me, a fair amount. Need it to hurry up really to loose a bit!