Is Cardano (ADA) a good coin to invest in it for long term?
In my opinion Cardano is one of the altcoins that has good fundamentals so far and in the future so it is very feasible for us to invest in it. and I'm sure cardano will find a new Ath in the future. maybe now is the right time to buy cardano at the price of $ 0.43 because I really believe that cardano will increase in the future. may be up to $5.
Cardano previously rose very quickly and went above 2 dollars.But now it's very dip not only cardano all coins are dip now so it can't be guaranteed that it will be good to invest in cardano now, because now every coin including bitcoin is very dip. But as a top coin on cmc ,investing in it will not have much chance of loss
That was in the bull run, every coin goes up that time including Cardano, And I'm one of those who have intested on it early so I made a lot of money out of it.
But now it's down, just like the rest of crypto, so I'm still betting that they are going to be big again. One thing that I really like about this project is that they are really very active developing it. Chris and the rest of the development thing have a good roadmap till the coming years. So for me, it might be good to invest right now when they are still very cheap.