Post
Topic
Board Speculation (Altcoins)
Re: Is Cardano still a good investment?
by
merekamo
on 31/05/2023, 01:15:07 UTC
Advice :- If you do not know what you are investing just keep away from it.



Instead of cardano just look at ARB, SUI, BNB

Never heard of them so will stay clear of them too.

Well I know BNB but not a fan.
Cardano is an old coin that hasn't done anything serious since its creation. It has strong patrons behind it, roughly like Ripple. If you want to make life better for the people who are developing Cardano, you can invest in this project. But I am not sure that you will get good profits, because the coin has made huge growth in the past, and now it is time for it to be trashed, as it has been repeatedly with similar projects such as eos or xem.
I partially agree with this answer, but I have add opinion. While it's true that Cardano has been around for a while and has strong patrons behind it, I wouldn't dismiss its potential for growth in the next bull run. The Cardano project has been making progress in its development, and it has a solid research-driven approach. However, predicting a 10x growth is always uncertain in the volatile crypto market. It's essential to do thorough research and consider the risks before making any investment decisions.