Community post
ADA Cardano, I'm in
This one is like shooting fish in a barrel. Seriously, how low can we go? Certainly Ada was overvalued for it's stage, but it's a great coin, good project/team. Sure there are is a tremendous amount of circulating supply, and it's still a lot higher priced compared to other high supply coins like Verge (another no brainer, imo), Sia or DGB, but this is a project that can truly grow market cap. At less than 1/5th market cap of Ripple, and 1/12th of Ethereum, I'd say we have room to grow...
We are still at $0.17 here, so be aware that small changes in value can have a huge impact. Going down to 0.12 is a 50% loss, so while buying post breakout may seem like you're missing out, it's a smart move when it dips.
Healthy trading and profitable investments,
The Freedom to Be
Legal Disclaimer: The information provided herein is for informational, or entertainment purposes only. I am not providing financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs, and only invest what you are willing to lose.
If you profit from this idea and would like to keep the charts coming, wallets are below:
BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB
Replies (10)
This volatility has only provided opportunity!
Good Post ..
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Thanks good update, you mentioned Verge- you see that as good coin yourself? I have been holding a huge amount for ages, and must admit my mistake of not taking any profits at its peak...
You and me both, among nearly every other coin, lol! Hindsight is a teacher, and you should be in a good spot with Verge right now, patience pending :)
Yes I guess no crystal ball. I do feel like XVG will do very well but hard to say when, I am being patient, some say .30, some say 10! Who knows lol
Then the trick of course is if it hits .30, sell or wait for the later possible potential..
Another mistake I made was selling my initial Verge investment when it doubled to $0.02, so ...
That being said, Verge had a lot of sideways volatility during the last impulse following a major correction, so it will continue to shake off the chaff.
Also, $10 would exceed the market cap of Bitcoin, not an impossible feat, but would be Herculean.
If it hits a dollar or two I will be very happy, agree $10 is unlikely..What are some of your better picks IYO?
So many. We're at a point where many have completed a larger Wave 2, and I've seen a lot undergo an WXYXZ correction, those would be the safest bets. We do need to be aware of sideways movement, and even forming WXY on a larger (eg. day) scale. That being said, I still like Verge, Steem, XLM, Syscoin, BNT, PIVX, even FTC and ETC show good potential.
There will be some solid like OMG, NEO, Stratis et al, but the above show a lot of potential.
I'll be looking into VeChain and some others, as time permits.
Great thanks, yes I thought that basically the whole marketcap has recently finished a large wave 2) (or almost)
I have lots of verge still so i am hopeful.
Also have some Steem, BTC, TRX, ETH, XRP, LTC, ADA, Stratis, BTS, CVC.
Sold my XLM a bit early! Doh..
On a whim I bought a few crazy cheap coins for the fun, have like a million coins of Moon, Dime, Xp (if they don't do anything wont matter).. lol
Couple others I do like but missed the early boats as far as price goes, like EOS, IOTA, OMG, NEO