Of course I'm buying ADA right after it has a big price spike. Feels like this project is all about maximizing loses. It's felt like we've really had bad luck with the timing of our purchases of ADA, hopefully this is fairly negligible come the end of our project.
I really feels like Cardano has been hit harder than most during the recent market crash. Peaking at ~$1.20 and crashing down to ~$0.30 a quarter of that high. The crash would be the equivalent of BTC hitting below $5,000, yikes.
No matter what we are just going to hodl right on through the markets ups and downs.
Here's how the project looks so far:
| ADA Owned | Current Price |
|---|---|
| 487 | $0.45 |
| Investment | Current Value | Net Profit/Loss | Profit per Day |
|---|---|---|---|
| $351.49 | $219.19 | $-132.30 | $-4.72 |
Those are some ugly numbers. Today was the lowest point we've bought in and while everything is green today, I have no idea if we will continue dropping. As my wife would say, Mo' Crypto, Mo' Problems.
Last chance to give suggestions for our weekly followers choice coin. Let me know what coins you are hyped about!
.gif)
A drop of 90 cents on a small coin like that is brutal! As for weekly folders choice of coin hmmmm how about Binance Coin
I can't really do Binance coins since I use it to pay my trade fees on binance.
Thank you for the suggestion though.
interesting
I guess it will go up to $1 again, but remember, that it´s already Top 5 and there is not much room above regarding the market cap - so it will only grow as fast/slow as the whole market is growing - that´s also the reason why I have sold my ADA, even though I think, that it´s a good project essentially - in the end, it will have troubles to keep up with EOS because of the lack of developer support as it is at the moment
I am definitely higher on other projects, like EOS but I still think I will do ok on ADA.