Is Cardano (ADA) a good coin to invest in it for long term?
The good point with cardano is that the price drops slowly and slowly which means it's good for long term holding. My opinion is that if you believe in the Cardano project and if you think that it will eventually be adopted by some government or company as a payment system, then you should invest in this cryptocurrency. But be careful not to risk all your savings on it.
Good point, if you know or if you believe that there's a good future for this project, better to follow that understanding.
Once there's a good news bounce will take place, it is top from the entire market being pumped,
there's a good chance that ADA will improve in terms of value and buying and storing this coin
for some time may give a decent amount of profits.