CARDANO (ADA) Oversold time for a bounce???
Is the price about to 3X???
As you all know I am a BIG fan and LARGE holder of Cardano!!!
Crypto Currencies move on news and rumors.
So much information and advancements on Cardano are setting the stage for some serious gains!!!
I have been purchasing 20,000 additional Cardano each day and plan to do so for the next few weeks.
Most of my Cardano was purchased at the 0.2 cent to .18 cent range.
$1.00 Cardano in the next 30 days?
.29 cent price for Cardano right now!
Look at the Cardano roadmap https://www.cardano.org/en/home/
The video below sourced from YouTube makes the case for Cardano.
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A few of my favorite are: EOS, TRX, ADA, BQX and of course SBD (Steem Dollars). Also, be sure to follow my Steemit Blog for Crypto Updates.
https://eos.io/
https://etherscan.io/token/EOS
https://ethplorer.io/address/0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0
https://tron.network/
https://etherscan.io/token/Tronix
https://ethplorer.io/address/0xf230b790e05390fc8295f4d3f60332c93bed42e2
https://www.cardanohub.org/en/home/
https://cardanoexplorer.com/
https://www.ethos.io/
https://etherscan.io/token/Ethos
https://ethplorer.io/address/0x5af2be193a6abca9c8817001f45744777db30756
https://steem.io/
https://steemd.com/
https://steemdb.com/
https://bitcoin.org/en/
https://www.bitcoin.com/
https://blockchain.info/
https://live.blockcypher.com/btc/
At the moment cardano’s price is half of what I bought it for in December. :(
So even if it gets to 3X from now, I will only have 50% increase in value of my cardano holding.
I am only interested in the long term prospects of the project. As short term is not very exciting for me.
Thank You for commenting on my post. Lets say you purchased Cardano at .60 cent and now it's at .30 cent. If you purchase the same amount of Cardano now at .30 cent your average cost for all Cardano purchased would be .45 cent. This would be a .15 cent discount on the original Cardano purchased. I do this all the time. This is called dollar cost averaging. I have included a video sourced from YouTube below.
Thank you for this detailed and logical reply. It’s great to buy more when the price goes down, and get what is a dollar cost averaging.
I usually do this with the coins that I really believe in.
But, Unfortunately, At the moment the whole crypto-currency scenario is looking so gloomy. Not feeling motivated enough to buy more at the moment.
Thanks a lot for your logical and level minded approach, I am feeling uplifted and hopeful after talking to you.
Good luck to you with all your cryptocurrency investments and all the best on steemit.
Upvoted and started following you :)
Thank You very much! I wish you the best with you Crypto investments. Have a great weekend!
Thank you. You too have a lovely weekend.
Charles Hoskinson has taken a lot of abuse over the ADA market drop. Do you think he truly over-exaggerated their progress to investors?
I think charles will be one of the greatest assets to crypto currency in history. He is a genius and is backed by the greatest minds on the planet. Cardano is my personal number one crypto and will create more crypto millionaires than any other crypto (including bitcoin). No need to exaggerate the perfect platform. Cardano is game changing. Have a great weekend.
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Great article, ADA is one of the most promising tokens in my opinion. I look forward to when they implement staking!
Yes my friend staking is going to be a very exciting day for all Cardano holders. Have a great weekend! I have included a video sourced from YouTube below.
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Thank You very much! I have included a video sourced from YouTube below about Cardano.
I quite liked your analysis on Cardano. You just reminded me why i bought in the first place. Thanks. Its a great time to buy at a discount.
It's an excellent time to purchase. Thank You for your positive comments. Have a great weekend! I have included a video sourced from YouTube below.
Thanks
You are welcome! Have a great weekend!
Maybe the price is a bit down at the moment but the Cardano project is quite amazing I think, they really have a clear idea of how to tackle some of the problems that bitcoin and other coins face. I certainly believe that this coin is going up a lot in the future. I don't know about the short term but certainly a coin to hold this year.
Some of the key points of Cardano:
https://steemit.com/cryptocurrency/@benjamin7/why-i-believe-in-cardano-ada
Nicely stated! I will check out your posts as well. Cardano is a fantastic project and the long term price should be incredible. Thank You for sharing.
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Thank You very much!
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Thanks! Have a great weekend!