Cardano seeing good growth in April 2018. After this Rising flag. Are we starting to see ADA rise?

Discussion in 'Cardano (ADA)' started by Phil Cripps, Apr 12, 2018.

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  1. Phil Cripps

    Phil Cripps Hodls on dips

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  2. The CC Forums

    Staff Member

    #2 The CC Forums, Apr 12, 2018
    Last edited: Apr 13, 2018
    Some positive coverage yesterday on CNBC from analyst Brian Kelly calling ADA the next ETH as a platform for dApps and smart contracts. I’m looking to add some to my portfolio and was going to do so last night after those remarks.

    But transfers between accounts takes too **** long to make quick moves unless you have USD on the sidelines in several exchanges.
     
  3. The CC Forums

    Staff Member

    These comments likely contributed to the rise of Cardano (ADA) over the last 36 hours.

     
  4. Phil Cripps

    Phil Cripps Hodls on dips

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    I never saw that one yesterday, I'm a Bloomberg man, but that was a good video. I have a love hate relationship with Cryptos, i'm primarily a Forex trader, but noticed the potential in Cryptos 2 years ago and started to invest. The trouble is they are around 90% Fundamental analysis related, so FUD and Hype news like that can send them all over. One good thing is it looks to be showing signs of an up-turn, as most cryptos are now supported by the 200 EMA, which is a good sign.
     
    CryptoTC likes this.
  5. The CC Forums

    Staff Member

    I’m a 30 year value investor with a tech background and interest. Because of that, I focus on choosing coins that I think will be around and in use 3-5 years from now. It’s easier to ride these downturns if you have a long term horizon.

    I don’t own any ADA yet though. It’s on my radar now based on recent news and coverage.
     
  6. Phil Cripps

    Phil Cripps Hodls on dips

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    I'm totally with you. Any investments I make, I have to see a long term use otherwise it's just a potential Pump and Dump. You have the same trading mentality as myself.
     
  7. CryptoTC

    CryptoTC Crypto Fat Cat
    Staff Member

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    Seems like it’s holding at the $0.25 level last few days. Do you guys see this blowing up like ETH did last year? It’s available on Bittrex but I’ve had some issues with my account there over the last several months. Mostly ETH deposits and ERC20 token addresses being disabled, but it still makes me worried about buying ADA there. Can it be easily bought anywhere else?
     
  8. The CC Forums

    Staff Member

    Looks like Binance, Bittrex, Upbit and HitBTC for now.

    Buy & Sell Ada

    Predictions? I have none. Criticisms I’ve seen on Reddit include a lengthy time to publish white paper and maybe a lack of transparency.

    As they say, do your own research. In fact, do it and get back to us here with your findings.
    ;)
     
  9. The CC Forums

    Staff Member

    Found this on YouTube. No affiliation with BWG sites or TCF.

     
  10. Old Man Crypto

    Old Man Crypto Expert chainblocker

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    You guys were on with this pick. Too bad I didn’t see this until now.

    Is it still a buy at these higher prices? Anyone think it can go on a run like ETH did last year?
     
  11. The CC Forums

    Staff Member

    Double it’s low for the year but still way below the ATH of $0.67 ish. I try very hard to not make specific investment recommendations though.

    Maybe @Phil Cripps has a better price analysis or TA for us.

    And for disclaimer, I don’t own or have plans to buy ADA in the near future, but it’s on my watch list. As in watch it go up when I didn’t buy it.
     
  12. Loah Morgan

    Loah Morgan Hodls on dips

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    Hey,

    You can buy and sell ADA at coinswitch.co exchange.

    As far as the price prediction of Cardano is concerned, currently it is trading at $0.0961. ADA coin Price may touch 0.3 USD in 2018. Cardano price prediction suggest that the Cardano price is up for a long-term 2147.921745% in the ADA price value with a 5-year investment. This means that in the year 2023, the Cardano price is forecasted to stand at $2.16 .
     
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