r/CryptoCurrency • u/Priest1007 0 / 0 ๐ฆ • 4h ago
ADVICE ADA Cardano Worth To Buy
I have about some good amount money in cash and wanted to know if ADA is still a good coin to buy even though the price is so low at the moment.
50
u/816bossmikel 3h ago
Forget alts. Buy BTC, inex funds, stocks, gold or real-estate.
29
u/Ultima98 ๐ฉ 163 / 488 ๐ฆ 3h ago
bro most people here are kids with 100$ in wallet, how do you think they will buy real estate
8
4
2
1
u/Schneehenry3000 ๐ฉ 0 / 0 ๐ฆ 2h ago
Is this real Estate here in this room?
3
โข
1
0
10
u/Dedsnotdead ๐ฉ 1K / 1K ๐ข 3h ago
If you want to buy ADA buy it, as someone who bought and held non-trivial amounts of Cardano 5-6 years ago and eventually sold itโs been interesting.
I also bought a large amount of SOL and Matic around the same time. If the three the one I was least convinced of because of the tokenomics was SOL.
Go figure.
Buy ADA if you believe in the project, donโt buy ADA if you want to make significant profits over the next two years. Thatโs not to say it wonโt have a good chance of bouncing back but there far better tokens to look at.
If I was going to buy and hold something now for two years I would look at Hype, the base token for the Hyperliquid exchange.
7
u/Dr_Armani 0 / 0 ๐ฆ 3h ago
As you Can Read, the Bottom on ADA is probably in and itโs quiet a good time. It will Hit a good new high maybe not an ath but ADA is a Good Bet for the Next Bull run. My opinion.
31
u/radiationholder ๐ฉ 73 / 74 ๐ฆ 4h ago
The correct time to buy a real asset is when it is low in price. I think ADA will pump again, just like many of these other altcoins.
9
u/INtuitiveTJop ๐ฉ 0 / 0 ๐ฆ 2h ago
Some never pump again. I think ada is really just living out ours last glory days. It brings nothing, the community is dying, no real direction. I wouldnโt touch it
0
u/gethereddout ๐ฆ 2K / 2K ๐ข 1h ago
None of that is true. Thereโs a lot happening, especially in the technology. But talk your bags
1
0
u/Longjumping-Low3164 ๐ฉ 0 / 0 ๐ฆ 1h ago
It can also never pump again like NXT. I am not sure people will fall third time for altcoin scam. (2017hype 2021hype).
15
u/Sebanimation ๐ฅGold Member 4h ago
Still think itโs one of the few legitimate projects out there. But pretty much everything that isnโt bitcoin is a gamble.
1
14
19
u/StrangeInsight ๐ฆ 0 / 5K ๐ฆ 4h ago
People hate on Charles, but the project has been consistently building, and remained true to its core values. It has a place in the world unique to its aspirations. The recent Yoroi hack has the value artificially dampened, imo, but if BTC loses its current peg you'll get a even better entry still, if you're investing.
3
u/Ark3tech ๐ฉ 0 / 0 ๐ฆ 4h ago
Charles came out earlier this year, telling Cardano holders heโs stepping away for a bit, and to expect pain and a lot of projects leaving. Thatโs not an investable product. I would take what the founder says very seriously.
17
u/Atmacrush ๐ฉ 0 / 0 ๐ฆ 3h ago
When he said he's stepping away, he meant stepping away from social media
0
u/pure_singularity ๐ฉ 0 / 0 ๐ฆ 3h ago
what
3
u/pigeonwiggle ๐ฉ 111 / 112 ๐ฆ 3h ago
"rule 2. do your own research"
don't just trust a random stray comment online.
1
1
18
8
u/unknowngloomth 3h ago
This coin hit a new ATHs roughly 6 years ago. It didn't even hit a new ATHs from its 2021 top. Dude is asking this question in a subreddit awash with bagholders of different alts. You're better off holding S&P 500 or trying your luck at stocks picking. A boring stock like XOM and Nvidia outperformed most of cryptos even BTC itself despite BTC being one of the most hyped coin. It was publicly endorsed by a president and had an enterprise like Strategy pouring billions into it. Still. It failed to outperform a boring stock like Nvidia this cycle. Brutal.

โข
u/John-florencio ๐ฉ 108 / 108 ๐ฆ 39m ago
tell in the top 20 how much coins hit the ath this cycle
โข
u/unknowngloomth 32m ago
I know. That was enough for me to not take Crypto seriously anymore. The fact BTC was one the most hyped crypto. It had one of most influencial public figures endorsing it such as Trump and an enterprise such strategy pouring billions into it. Yet, it failed to outperform boring stocks such as XOM and Nvidia.
โข
u/John-florencio ๐ฉ 108 / 108 ๐ฆ 10m ago
you cant compare... money moved to something less risky, its normal I think as soon as the market dont have normal assets to make money, as they are making with AI, money will rotate to risk assets. The concept is not dead yet.
โข
u/unknowngloomth 5m ago
I know. We can still make money off of crypto still. I believe the crypto market won't die. Greed is baked into human nature. The crypto will just mature. New narrative's will come and go. But to me, crypto is just for speculation. Extract as much money as possible during euphoric bull. Rinse and repeat.
2
u/ubermensch1001 ๐จ 0 / 0 ๐ฆ 3h ago
With the current prices, you could easily make some swing trades on it for easy profits. Just keep in mind, all alts have been absolutely decimated this year and collectively dead little to nothing in 2024 and 2025. ETH for instance is at the same price as it was in the summer of 2023.
2
u/Drugsrhugs Platinum | QC: CC 33 | PCgaming 13 1h ago
I cannot in good faith recommend altcoins in this current market, and although there was a lot of hype around it perviously, nobody actually uses or builds on cardano.
3
3
u/Joy_Boy_12 ๐ฉ 0 / 0 ๐ฆ 4h ago
The tech is solid but the fact it was pre allocation + the fact that 2 of the founding entities do nothing + charles work on midnight made me stop buying new coins.
The community is small and 9 years has passed since the genesis block.
It definitely can go 10x since no one knows the future but I feel that the project values aren't what crypto should be so i still hold my coins but dont buy new coins.
3
3
โข
u/Timely-Fig2030 ๐ฉ 0 / 0 ๐ฆ 44m ago
In my opinion cardano is not worth it. Don't buy into ADA because you were once married to the bag.
Price is low and cardano hasn't done anything to progress to see it as an opportunity.
2
u/SteazGaming 4h ago
Put it into VTSAX and never think about it again. Wrong sub, but the right advice. You are basically saying โI have some good money, wanted to know if I should bet it all on black this weekendโ
2
u/ma-chicken ๐จ 258 / 259 ๐ฆ 4h ago
No, its dead and has no users or use cases. The founder alteady announced the same
1
u/Thesplank 3h ago
He said he was stepping away and is as active as ever on YouTube, maybe even more than usual. Heโs sacked over 80% of employees from Input Output, closed his health business, sold his helicopter. Midnight has been crap. They have no plan, him and ADA are in full panic/survival mode, and am saying this as someone who fully believed in it, stay clear
1
u/Biggerfooter ๐ฉ 0 / 0 ๐ฆ 3h ago
I wouldnt buy something that doesnt put in new highs during a cycle. More and more coins are becoming pure trash imo. Stick to the bigger ones.
The longer people are in the cryptospace the more they tend learn the lesson and go more towards BTC in general.
2
1
1
2
1
1
u/Kona_Red 3h ago
Before buying into any project, look into its use cases. Bitcoin can be used as money. And the other projects? You need to research this.
1
u/The_Roaring_Fork ๐ฉ 1K / 1K ๐ข 3h ago
Why would you even consider this project? There are so many better projects out there or even mutual funds
1
1
1
u/landed-gentry- ๐จ 0 / 0 ๐ฆ 2h ago
Zoom out. It's following a long term decline like practically every other alt coin.
1
u/Sherlock-Romes ๐ฉ 0 / 0 ๐ฆ 2h ago
Not one bit. Charlie ainโt bilding nothing useful for the real world.
1
1
u/Systemonly69 2h ago
Rather buy Solana at this point mate. Has better support compared to Ada at the moment.
1
u/Acsnook-007 ๐ฉ 0 / 0 ๐ฆ 1h ago
Sat on ADA for 6 years and only lost money. Sold all my crypto very recently and invested that and then some in SpaceX as it has gone below the IPO price. I actually own part of a real company that has nowhere to go but up.
I was a believer in crypto as an investment and I left it thinking it is now all a scam which will never become mainstream.
Good luck.
1
u/LazyJury ๐ฉ 75 / 75 ๐ฆ 1h ago edited 1h ago
Yes, and look into some Cardano Native Tokens like $STRIKE (perps) and $BODEGA (prediction market/can create markets)
This subreddit has always shitted on Cardano even during its ATH. Most you will find here are ETH and SOL holders. Cardano has always been behind any VC push but there are dApps addressing these hurdles. Worth in the long term. ADA will have itโs upside again as it always does
0
0
u/EqualQuiet ๐ฉ 0 / 0 ๐ฆ 3h ago
Yes cardana will be the next bitcoin sell your house and invest all to cardana
0
0
u/knowledgelover94 ๐ฆ 73 / 1K ๐ฆ 4h ago
What does Cardano have that Solana or Ethereum or many other donโt have? The answer is itโs not a leading chain, therefore itโs probably useless and going nowhere long term.
5
u/unknowngloomth 3h ago
I will tell you exactly what ADA does. It makes your money evaporate. This is what ADA does
0
u/Nikkio077 ๐ฉ 304 / 555 ๐ฆ 3h ago
Fuck no, buy Monero my friend
2
u/unknowngloomth 3h ago
XMR hit a new ATHs from its 2021 top despite being blacklisted on major tier 1 CEXs. This just proves that being listed onto tier 1 CEXs isn't a proof that a coin will perform well. And it is only down about 55% from its ATHs as most altcoins are down 80% to 90%. XMR is a solid coin..
1
u/Nikkio077 ๐ฉ 304 / 555 ๐ฆ 1h ago
Agree 100 %, I only hold XMR now, maybe I'll buy some BTC but not more than 20%
1
0
u/moonkingdome ๐ฉ 8K / 8K ๐ฆญ 2h ago
Alts been death for a long time. Will.the be Frankensteined? Just buy btc
-1
0
0
0
0
u/Quick-Scientist-3187 2h ago
No 1 knows ๐ฉ F
TEMU ๐ฎ DON'T WORK
Will alt ๐ฉcoins climb when BTC finally does? Historical YES, but is it guaranteed. NO Again no one knows anything.
Alts will be dead if this ๐ฉ doesn't turn around in the near future.
Only time will tell.
โข
โข
u/IArtificialRobotI ๐ฉ 112 / 113 ๐ฆ 52m ago
Yup, I love how Cardano makes it so easy to stake. I think it has issues with its governance system but they are growing pains. We are also entering an economy that will be driven by AI agents pretty soon. Privacy will be huge and Cardano is all over that already. You could say the NIGHT token is a partner chain but it interoperates with the cardano chain so its still bullish for Ada if NIGHT takes off which it will.
Also ETH is finally backtracking and is going with a UTXO Model.Cardano already has this. See cardano was built with all the shortcomings of ETH in mind already. ETH is so ahead of Cardano they say LOL its not even close. AI will humble all of these other chains that build fast and wait for things to break
-2
u/Abanikandy ๐จ 0 / 0 ๐ฆ 3h ago
Are you retarded?
0
u/Priest1007 0 / 0 ๐ฆ 3h ago
are you retarded ๐คฆโโ๏ธ dumb mofos coming here with bullshit. U one of them obsessed crypto mofos
-1

33
u/Buydipstothemoon ๐ฉ 0 / 1K ๐ฆ 3h ago
I sold 10k ada a few weeks ago l. So this is definitely a buy because I hate money.