Post
Topic
Board Speculation (Altcoins)
Re: Is Cardano still a good investment?
by
ningrum
on 08/06/2023, 08:40:03 UTC
I am looking to add one more Crypto to my portfolio and thinking Cardano but wondering how high this can really go during the next bull run.

I am looking for a 10x minimum between now and bull run and the current price is £0.29 with a £10billion market cap - the chances of Cardano doing a 10x next bull run are likely right?

I do not know too much about Cardano just that it is current top 10 and many rave about it, would be good to hear thoughts on this both good and bad.


I think it will be very difficult to make a top 10 cmc, giving 10x the profit especially in a short time, but if you want to take profits and not be too risky it is an option worth considering.

Cardano is one of the top 10 altcoins which in terms of market cap Cardano has a large market cap,
so pumping 10x in the short term will certainly be difficult because ADA is not a pump and dump coin,

but for the long term ADA still has great potential to increase 10x or even 20x,
it's just that the Bitcoin marketcap has to get bigger again from now on.