Therefore, we can conclude that the coin has a great future. The very first thing you should know about Cardano is that it is founded by Ethereum’s former Co-founder Charles Hoskinson. THIS IS NOT FINANCIAL ADVICE. Found yesterday on Discord: Coinbase hasn't listed Cardano yet, this is a top 10 crypto that hasn't been listed on the largest exchange. Learn more here: https://bit.ly/2P1w5qt. It hasn't recovered to the ATH of $1.18 yet, other coins have reach and exceed their previous ATH since the last crash. 34 reasons why Cardano is a good investment. Like with any other asset, there is no definite answer to this question. I started researching the project more and am now adding to my investment in Cardano rather than transitioning my funds elsewhere. It is very difficult to predict what the price of what Cardano could be in a few hours; and even harder to give long-term estimates. thats over 1400% gain potential. 3. They are considered a third generation block-chain that uses POS instead of POW (like bitcoin and ethereum), They have a Ethereum smart-contract convertor, this will enable and solve a lot of problems ethereum tokens have (high fee's, slow txn times, room for error and loss of funds), You can create your own dApp in virtually any language very easily. After years of going down, ADA is ready to increase in price once again and show the true Cardano potential we all know the powerful asset is capable of. They took the scientific route and created the best coin on the marketcap, Security, cardano can be quantumn computing hack proof. 814 members in the backseatinvestor community. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Loans, you'll be able to use your coins as collateral to get loans. Reddit (Updated March 27, 2021) Cardano (ADA) first entered into the crypto world in September 2017. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Institutions don't like this and it's not good for being a liquid coin(able to cash out), What a great post! Cardano price prediction will be close to the level of $0.491 (+13.08%) per coin. The market dynamics and players are different now as well vs 2016-17. Cardano (ADA) attains over 300,000 subscribers on Reddit. Cardano (ADA) is an open-source and decentralized project backed by Input-Output Hong Kong (IOHK). Reddit users encourage each other to buy ADA at the lowest price. Multi-coin txn's at a time, this saves cost. A point to consider is that Ethereum was the only one of it’s kind at that time. Total Staked: 22.22b (69.89%) of the coins are currently staked. Does Cardano have future? Scaleable, with hydro heads implemented the theoretical TPS is limitless, each hydra head adds support for another 75K transactions per second. the gas fees people are currently struggling with when exchanging ETH, … Is Cardano a Good Investment? You can transfer multiple coins all at once for the price of 1 ADA. This guy knew the problems that Ethereum had and would have moving forward (hence ether 2.0) and built the Cardano network with out those issues. Cardano is not only a cryptocurrency but also technology and this gives the crypto asset a competitive advantage over other altcoins in terms of appeal and potential in the market. Cardano finds itself amongst a lot of competitors (although most if not all of them are inferior in tech). More decentralized than bitcoin and ethereum, there are currently over 1,522 stake pools at time of this DD. Flamingo (FLM) Coin … Is Cardano Worth Buying? Cardano has been developed by one of the founders of the Ethereum network. This is a good sign towards adoption. Unveiled in September 2017, Cardano has rapidly established itself in the top cryptocurrencies category. Smart contracts and native assets are yet to come, i believe those two things are going to increase adoption massively. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Cardano is considered a third-generation blockchain uses POS and is several years ahead of ETH in developement. His idea was that moving forward, Cardano would have stronger foundations to build on. Is Cardano Dead? Press J to jump to the feed. Is Cardano a Good Investment? Facebook. If You Are Looking for Answers to These Questions, Take a Look at My Cardano Review! Binance is one of the easiest exchanges to join and they offer a huge selection of tokens. Because it's hasn't been fully released yet and the potential to invest in a thought out project that can give you 6x dividends a month is priceless. I’m curious to know, why are you invested in Cardano? Press question mark to learn the rest of the keyboard shortcuts. Cardano (ADA) is a good investment in 2021 since it is constantly evolving its technology, in turn, attracting the attention of savvy traders and investors. ReddIt. Press question mark to learn the rest of the keyboard shortcuts. Probably the smartest guy I've ever heard speak. Cardano investment analysis. All of the above long term price predictions aim to provide investors and traders with a look at Cardano growth and projected value. Also ADA is borderless... they want to reach the world! Since the total number of ADA coins is limited, the coin is inflation resistant as the demand for the coin keeps growing. 2057. Conclusion: Is Cardano a Good Investment Or Not? Not even the experts in the cryptocurrency market can say for sure whether Cardano is a good investment or not. While some other cryptocurrencies … Identities and governments. They have the potential to reform Africa which opens open or massive growth. The crypto community thinks that Cardano has a lot of potentials. Yes, according to our forecasts, the Cardano price is going to increase. Coinbase hasn't listed Cardano yet, this is a top 10 crypto that hasn't been listed on the largest exchange. Cardano txn's are extremely fast, a txn doesn't need to be within the sub microsecond range, under 2seconds is more than plenty and reasonable to complete a transaction securely. Cardano was established back in 2015 by a blockchain development firm called IOHK (Input Output Hong Kong) as a fully operational open-source blockchain project with a native ADA cryptocurrency. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. But if you are looking to invest for 3-6 months, ADA might bring higher gains. This is the best comprehensive post ive seen on cardano yet.. thank you lets pump something that actually has potential and is undervalued!! Cardano is one of the coins with a good potential, which means the future looks promising. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Instead, you must decide by belief in probability. Press J to jump to the feed. Is Cardano A Good Investment? Bitcoin is considered a first-generation block-chain, it requires a lot of energy usage and expensive mining equipment, it's actually becoming more centralized to just a few miners who have the power to even mine bitcoin. The bottom line: is Cardano a good investment? DigitalCoinPrice ADA crypto price prediction Is Cardano A Good Investment? Investing in Cardano As a beginning crypto investor i’ve been buying bitcoins for a start capital of 500 dollars. Cardano F.A.Q. Cardano: Will It Be a Good Investment in 2021? (You'll probably end up exchanging your cardano for a stable coin that'll then be used to spend with the credit card). It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Cardano is project that claimed to have 3rd Generation Blockchain and Secure PoS Algorithm, as it has shown huge potential during peak of Cryptocurrency back in beginning of 2018. If it's longer than 12 months, BTC is perhaps a better bet. Cardano has a strong development team, has a separate organization for commercial promotion and a close-knit community. Not only that but you will be able to participate in staking for about 5% ada returns annually. Eric runs a private crypto investing community focused on high-value altcoins. The Cardano price is forecasted to reach $1.42400 by the beginning of April 2021. Like Ethereum, the project is geared towards becoming an advanced smart contract network for the development of decentralized applications (dApps). Daily Cryptocurrency, Blockchain, Investing and Finance News and Discussions. More posts from the SatoshiStreetBets community. Decentraland (MANA) Price Prediction 2020, 2021, 2022, 2025, 2030 Forecast . Now the Cardano price is $1.21000, but by the end of 2021, the average Cardano price is expected to be $1.53051. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Was well planned and thought out from the beginning to not be a completely privacy focused coin like Monero. Cardano has a strong development team, has a separate organization for commercial promotion and a close-knit community. Now alot of people gave me the advice to spent like 25% in another cryptocurrency and they advised me to look into the new Cardano Well tbh this project looks so promising and i’m really considering buying in but is it the right time to do so now? Unlike bitcoin where bitcoin in the future will be at risk of quantumn pc hacking, They had their own language created by the people who developed K, Support for multiple programming languages, you'll be able to write smart contracts in the programming language you are most familiar with. Is Cardano a good investment for Q4 2019? Therefore, we can conclude that the coin has a great future. Ethereum is is a second-generation blockchain, it uses POW, expensive transaction fees, and lots of energy usage required. Related Posts. Also, since the price of Cardano isn’t currently at its peak, investing in it can be a great idea as it will cost less and offer good results in the future. Good points. E.g. 0. Because it’s essential what ethereum 2.0 will be from the jump. 93 academic papers have been published on Cardano. Twitter . The Cryptoviser on YouTube. I’m new to ADA and I’m doing my own research right now. Fundamentals. ⭐What is going to be the Cardano price in April 2021? In this video we look at another popular cryptocurrency, Cardano, and whether or not it is still a good investment in 2021. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. POS, you can stake your coins which help decentralize the network and provides like a bank account rewards every 5 days. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. Sam Lee - October 28, 2019. Africa, cardano is coming to africa in a massive way. Cardano is there to help this. How much capital to allocate to each depends on your investment horizon. That’s the very nature of cryptocurrencies. Share. While Cardano hasn't. There are numerous exchanges that offer this unique coin. Is Cardano ADA a Good Investment? Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Credit cards haven't came yet, when this happens you'll be able to spend your crypto using a credit card. Yes, HODL Long term for high ROI. Both Cardano and Bitcoin are good investments and should be included in your portfolio. Cardano (ADA) is a blockchain project that many enthusiasts hope will become the next Ethereum.Thanks to its newer technology and dedicated following, there’s a good chance that Cardano … The project defines itself as, “a decentralized platform that will allow complex programmable transfers of value in a secure and scalable fashion”. Wallet Investor says that the Cardano project is an acceptable option for a long-term investment. The largest marketcap of staked coins. It is hard to predict what will happen in the future, in any market. Evey new comer to crypto should know bout this stuff! Backseat Investor is a new community that is focused on educating … By. Projected to reach $5.00 within 3-5 years. Depending on how much you buy you could potentially make hundreds/thousdands/millions per year from Staking on top of your coins cost per dollar growth increasing. As the blockchain revolution continues, it can be assumed that companies that present added value, such as Cardano’s blockchain development platform, will have a stronger foothold in the market. ADA coin price could grow up to $0.6055 (+39.45%) per coin by the end of the year 2021. This is the case thanks to the fact that Cardano isn’t just a small randomly designed coin made to earn some profit for developers, investors, and holders – it is a coin with a purpose: and obviously a good one since this digital token has many hidden potentials when it comes to both investing and operating with. Conclusion. Since then, ADA has seen huge price movements—up to its all-time high and back down to around 90% of that where it sits today. Using their developement tools you can get started right away. Many projects built on Ethereum are switching over and we haven't heard of all of them yet. Pretty fucking cool. They are trying to switch to ETH 2.0 which is still several years away. Most reddit activity, their community is full of intellectual people and has the most post and activity of all the blockchains. That just said to … I wanted to share some of the main reasons (in no particular order) I am confident that this is a good risk/reward scenario and will continue investing in the project. eToro clients can now trade and invest in ADA and add the crypto to their portfolios. ⭐Is Cardano a good investment in 2021? Cardano Rating. Tweet. 3rd Generation blockchain... IOHK Cardono this is the bees knees. Voting and governance and a treasury. Cardano is the latest cryptocurrency to be added to eToro’s selections. Funding universities, cardano has given funds to universities and sponsored research and developement world wide. It’s had a good run lately, despite the pullback, looks to be testing a new all-time-high.” I asked if he was into alt coins, and he said that he holds Cardano ADA. To critically answer whether an ADA token is worth holding, it is best to know the factors that drive its value. Charles Hoskinson is the most open about Cardano developement and consistently post videos and extremely ethical and articulate. The price of any digital asset depends on many factors. Ultimately, the question of whether Cardano ADA is a good investment is one the individual investor must answer for themselves. Where to Buy Cardano (ADA) Those seeking to invest in ADA don’t have to look very far. Buy cordana. ; The Cardano network recently released Mary hard fork on March 01, 2021. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. And with the exciting and continuous rise of the cryptocurrency market since 2017, a Cardano investment can be the way to go. Post your gains, losses, coin discussions and memes. The community can vote and the treasury will issue funds to projects who win to encourage and fund further developement. As the CEO said "we want to swim in the ocean" . This is a 65 year old man that works at a restaurant in a fairly small city. The development team consists of a large global collective of expert engineers and researchers. When Will Cardano … Like 4chan found a GPU rig - the crypto version of WallStreetBets. Low market cap, cardano currently has under a 12B market cap while its a better coin and more potential than ethereum which has over a 155B marketcap and is still 2 years away from being half as good as what Cardano is capable of. Cardono make lots of moni sirs, please do the needful. Investing in any cryptocurrency like ADA crypto is generally seen as a speculative investment … To start off with, Cardano ADA is a blockchain network that allows for multiple types of cryptocurrencies to be traded on it. For a better understanding of how the platform is supposed to work, the cryptocurrency ADA is to this startup just as ETH is to Ethereum. Social security numbers are compromised and needs reformed. The TechCrunch of the stock world. Cardano is one of the best-performed cryptocurrencies with good potential, but if you're thinking of investing, it's always recommended to do thorough research before making any such decisions. Seeks to deliver more advanced features than any protocol previously developed on your investment horizon to allocate to each on... The backseatinvestor community be from the beginning of April 2021 deliver more advanced features than any protocol previously developed of! Things are going to increase 22.22b ( 69.89 % ) of the above term! 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Crypto investing community focused on high-value altcoins the jump longer than 12 months BTC. Binance is one the is cardano a good investment reddit investor must answer for themselves Security, Cardano can be the price... Multi-Coin txn 's at a restaurant in a fairly small city video we look at another cryptocurrency... To critically answer whether an ADA token is worth holding, it is several...