Is Cardano (ADA) a good coin to invest in it for long term?
Cardano was my favourite altcoin and i was got huge profit from Cardano on last year. now cardano price again dump too much for the bad market condition . so i think now is a another opportunity to invest on cardano and another coin like this. and if you can hold this coin long time then i believe you will able to get a good return but you must hold it long time.
Yes Cardano is a good choice if we plan to buy it now because now the price has gone down during bear market so it is a good momentum for us to buy Cardano coin at lower price and then hold it for long term, recently they have been successful did a Hard-Fork-Vasil but the event did not have a positive impact on the price movement maybe because it was caused by a bear market.
you can definitely buy cardano because it is not a scam project or it is not a normal project in any way so you can plan for investment on cardano but do not put your total fond in the same coin. invest in the multiple coin. coz if you invest your fund in only one coin and if that coin fail more or crash like Luna then you can lost your capital.