Hello all,
I am new to crypto having only got involved 8 weeks ago.
I currently am invested in 7 coins but have been wondering for a while now if I should get involved with Cardano?
Since I got involved with Crypto early November most of what I have read and watched has been pretty negative saying how Cardano is boring but recently I have noticed more positive talk.
With the current price at £0.95 is now a good time to get involved? I am looking for coins to hold long term - what is the realistic target for Cardano by 2024?
Well, Cardano is one of the known coins in the market and have also a good market performance. But for me, it wasn't a good choice for investment. There are BNB, BTC, Shiba Inu, and some metaverse projects which is sounded to be hot at this time. I'm not saying this for the intent of holding long except for BTC and BNB but this considers for short-term investment. We can't deny how the hypes could provide a huge profit to us the investors and having these metaverse projects will give us the chance.
But talking about Cardano for 2024, it can be just pure speculation. And it was a miracle if ever it reaches $2.