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?
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?
Cardano should be considered as an investment indeed. Launched in September of 2017, Cardano has quickly made itself sitting among the top cryptos. The network had managed to make the headlines in 2018 after reaching $33 billion in market cap.
The coin holders are allowed to stake their ADA to get their transactions verified and also to earn transactional rewards. Hoskinson believes that Cardano’s interface takes a really small part of Bitcoin’s network (0.01%). This fact makes Cardano a much more sustainable option in the market! Soo, ADA can be easily found in a variety of cryptocurrency exchanges like Swapzone (https://swapzone.io)
As for price prediction:
for 2025: The ADA price prediction 2025 from Walletinvestor shows that by the end of 2025, the ADA coin could reach a maximum price of $14.825.
for 2030: The economy watch’s ADA price prediction 2030 is $15 by the year 2030 representing over a 500% increase in price from the present day ADA price.