Cardano is a great long term investment and it's still at a low coin price. Newbies as well as long term traders are looking at it at thinking i'll buy a bag of ADA and look back at it 3-5 years from now. I'm very compelled to do just that but i see the point that Charlie makes and it may as well dump a little bit and rise again then dump a little bit.. But in the end they have the tech and the team and the roadmap.
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It´s too early for me to have the coin in the top 10. There might be a real long term value behind it but just not now if you ask me. That price increase is pure hype...
& Do you really think many people hold coins for 3-5 years? I doubt that to be honest