Today I'm looking at Cardano's (ADA) Layer 2 scaling solution HYDRA 25 million dollar market cap. Trading at $7.03 at the time of this video. Alt High of $52
2021 being a huge year for Layer 2 solutions. I can't imagine scaling solutions going away ANYTIME SOON. Cardano being a top 10 blockchain tech.
I think as far as risk vs reward. This coin is one to keep an eye on. at this price point and market cap especially.
This video is entertainment. Thanks for jamming! keep stacking it! -HP
Trade closed manually
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Hey guys..... My goal here was not to spread misinformation, truthfully....i do these videos for fun and for me...i've never had very much interaction or traction on my channel here. I'm still learning alot about this space in general. Embarrassment isn't something i feel often...but when it hits it hits.
Thankfully some good information still flowed into the comment sections of this video and if nothing else a take away would
Part of the hero's journey is being a fool first. I appreciate you guys fact checking this video.
NOT RECOMMENDING THAT ANYONE BUY THIS COIN. I will be giving my current position a bit of time to run as it is now in a bit of drawdown but will be cutting a loss if the market continues to bleed to move into a faster horse.
@TradingView, alright alright everyone relax haha, didn't verify that the user was on the wrong token for the fundamental idea. Great lesson though - always do your DD
Harmonicpuma
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@TradingView, Thank you for the feedback. I did however foul this one up big time. Lessons learned. I'm looking forward to further disciplining my fundamental analysis before speaking on it.
bloodangel2099
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That is not cardano's Hydra, it's some shitcoin with the same name
Scamtrader
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@bloodangel2099, This shitcoin is actually better than cardano because it has a working mainnet with smart contracts though.
UnknownUnicorn2445870
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@bloodangel2099, Ain't no shitcoin bruv. 50% APY, cool tech, awesome layer 1 solution, already some awesome applications active on the chain.
bloodangel2099
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Seriously man , read up on these things before you start blindly linking them together
rymcdonald1992
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Isn't eth the main blockchain that really needs a layer 2? All these other blockchains are cheap on there own why would you need that layer 2? Not arguing I just maybe don't fully understand