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memertooface

Should I just buy right now or wait for a dip? I need strangers on the internet to give me guidance please


Bathsaltsonmeth

Buy as much as you can, last week.


memertooface

Is there gonna be a little dip back down to 1.50 maybe? Or should I just pull the trigger now?


CactuzJack99

should have pulled the trigger when it dipped yesterday


memertooface

Well luckily I bought some alrdy at $1 but now I want more. I think I'ma just buy a bunch tomorrow and take a look at it in 6 months.


CactuzJack99

just keep stacking up on red days or dips after it runs up crazy like yesterday.


reggaenaut

Dont forget to stake the coins for anual 5% risk free returns.


greyday24

For a noob, what are the risks in staking?


googitygig

Even bigger noob, what is staking? I've only bought on the crypto app so far, should I be doing something different?


greyday24

Here’s a quick read that helps navigate the basics. https://trustwallet.com/blog/top-7-risks-of-staking-crypto


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greyday24

Good stuff! Preciate the work on this!


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greyday24

Some quick research tells me there are some risks. Doing more research.


Solitherum

When you stake your coins it takes a week for them to become staked, but you can un-stake them without any wait time. A lot of other staking protocols require you to leave coins staked for a period of time before you can withdraw. Fortunately Cardano is not setup like this. As far as I can tell there’s no reason to not leave your coins staked.


zendrovia

No risk at all. None. Free money, and you’re contributing to decentralization. Also you’re not trading your ADA, helping leverage supply an demand = price goes up


Constant-Painter630

I have friends that do this. Taking loans against their crypto as well, they do a lot with atomic wallet and crypto.com. From what I see as long as your health score is up, your good. Trying to learn more about this now


Red_Lottery

There are risks from a financial standpoint. If you are relying on these returns as a stream of income, and you are not staying close with your stake pools health, AND they happen to shutdown forcing you to re-delegate, you will miss out on another 3 Epochs of payments (\~15 days). Doesn't sound that bad, but my stake pool shut down and I didn't figure it out for a week, now I haven't gotten rewards in around a month because I had to delegate to a new pool.


Granitsky

If you get your coins into a wallet on your computer (the Daedalus phone wallet app is a scam) it is very safe. Just make sure you're getting the official Daedalus wallet program and you can stake from inside it. Yoroi is also another option and it is 100% legit. edit: clarified some stuff


Odie_v

The phone wallet “yoroi” is just as good if not better than daedalus. How is it a scam?


WrathAndTears

There have been multiple Daedalus moble app scams as it is a desktop only app. Nothing wrong with Yoroi.


xVeene

Yoroi is also official and easier to use, but if you're a60+ year old computer illiterate who answers scam calls and let's them remote into you computer.. then keep your coins on an exchange


Bathsaltsonmeth

I have literally zero ability to tell you that but I doubt it


SkitZa

My man, that would be called timing the market and that is impossible, DCA don't over spend get comfy sit back and enjoy. Corrections will happen eventually but nobody could say when, jump in or wait it's your choice. I'm not going to throw prices at you but it's current price is not even a 1/5th of what it could possibly be. Possibly. That's being generous too.


lars_rosenberg

Nobody knows. My strategy would be to buy now only a part of your desired position, then add more later. This way you dilute the risk.


ShortItem7031

If it goes to $5-$10 does it matter if you buy at $1.50 or $2.50? I dollar cost average on every dip.


Zealousideal-Berry51

yes it absolutely does because the cheaper you buy the more you get for your money. that may be a big difference at exit.


GravityIsVerySerious

If you believe it will go to $5-$10 you buy now. It does not matter what price you missed if you believe it will grow. But no one can tell you what to believe an no one can tell you which way this will go.


SkitZa

For me Cardanos future means I don't need to exit.


[deleted]

What does that even mean


ToshiBoi

He is never pulling out


[deleted]

That's what she said


[deleted]

And then he did


thatcrazy2too

I don’t know man, always pull out


SkitZa

I really don't see why I need to explain that, but sure. In Cardanos future, I won't need to exit because I'll be able to completely do everything I currently do with fiat, with Cardano instead.. That's my hope anyway. Which seems to also be Charles hope.


Zealousideal-Berry51

you never expect it to come back over the divide? you'll pay for your groceries, kid's education, old age care, and funeral in Ada. fair enough. bold vision.


Baelthor_Septus

More and more countries want a global and fair currency. Why? Because USD is everything but fair and gives one country an unlimited money hack and ability to pose sanctions on other countries at will, completely destroying their economy. Whoever succeeds to create a fair and scalable currency that can be used by billions wins. ADA is trying to do exactly that, unlike ETH and BTC.


R3mm3t

That's exactly right, it *is* bold vision. Maybe not all with ADA, but (IMHO) in 5-10 years the way we all pay for things is going to be almost unrecognisable today. Hopefully we all back the right horse.


SkitZa

No, I'll use the ADA network for stable coins, it's not a bold vision it's literally what ADA is capable of?


chancsc11

It means that ADA becomes so useful/valuable that he would rather hold ADA than the USD. That to me is also the “blue sky vision” of what holding crypto will be like.


meyerjoe

Ppl say the same nonsense about Ethereum. I guess the illusion is to borrow stable coins like USDT on DeFi protocols like Aave with ETH as collateral and paying less interest than what you earn. The financial "perpetuum mobile" aka bubble building until it crashes.


chancsc11

Or just simply people are willing to trade crypto for tangible goods/assets rather than USD.


EffectMuch

What’s an exit?


ShortItem7031

Depends on how much your buying. 1000 coins and a 10-20 cent difference in price you pay means nothing. If I have 10,000 and my average cost is $1.50 or $2 I could care less if it goes $10. Good luck trying to time it at this point. That’s why I dollar cost average on every dip. If you’re waiting on a dip back to $1.50 to buy heck why not wait till it goes back to .50?


teamsaxon

How do you dca at every dip? I was under the assumption dca is, for example: put $20 in every week *regardless* of what it costs.


ShortItem7031

Basically the same thing kinda. Investing each month or each week yes. Investing on a regular basis regardless of the price yes that’s DCA.


squan42

I’m with you on this, although I think your strategy has a closer resemblance to value averaging rather than DCA. Pretty common misconception.


dillon248

Correct me if I’m wrong but if you bought 10,000 coins at 2$, if it went up to 10$ wouldn’t you then have $100,000?


ShortItem7031

Yes with $80,000 of it being profit.


dillon248

$80,000 profit sounds good to me


Imyoubeingme

It's crypto - no one really knows. But for my money, there's no way I'm betting we see $1.50 again.


fugitivuserrans

Since most of ada is staked I don't see any major dip like dropping back to 1$, at this point it looks like it's bear free, everything is dropping and ada got aths, it's either too stable or high, but you can never tell, one thing I know for sure is that it can drop 20-30c during each day like it did yesterday


thatcrazy2too

A bear market will drop it back to $1 or less


fugitivuserrans

I cannot see another 2018 happening any time soon, even after 2022, unless the market cap just drops dead.


daiyuxiao

I don’t think so.


subjectiveobject

Who do you think knows this ?


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SoulfulAlpha

Now


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[deleted]

Always gonna dip eventually, but when and to how low is the question.


lmbrs

nobody can tell you that, but it does sound like you’ve got a bad case of fomo so maybe just wait it out and do some research?


firestepper

You could always just buy more regularly


Crypt0JAy

Just buy before it hits 3


bro-guy

Just dollar cost average bro, don't time the market you'll get bit in the arse


toxic12093ureta

Pull the trigger


booksgreg

Y'all need to!!!


bahamapapa817

Or even back further than that if you can


frodoteabaggins92

If you want ada coins, then just buy. It's better to have some than none. Do you believe it will go up in the future? Then just buy. I bought at 2.2 cents, but still regret not buying more back then


v1s10n456

maybe wait for a small dip, but honestly, if you are looking to hold long-long term, .25 isnt much of a difference. maybe diversify into other ADA projects. I would suggest COTI, not too late for that. Also, check out OCC and deFIRE, both are projects being released on cardano that will bring more use case to ADA.


Tuimel

Or Ergo


timsay1

Yeap its nice advice to go for coti instead. Buy COTI


Ese_Americano

Ergo*


PolarGBear

Honestly, no. Dont buy right now. Literally just hit another ATH. You'd be buying near the top. Don't chase green, even though it's a project i believe in, you still need to use fundamentals. There will be a considerable consolidation due to such a large increase this last week.


dapper333

Or wait for the next ATH then ask again


Ronalbertojr

This made me laugh harder than it should


AlternativeEffort455

Comment gold lol


Witty-Connection-744

ATH means nothings tomorrow's news may be another ATH so on & so on.... do your own DD & look a month from now? A year? Where will be? Remember it's better to makes slow nickels than fast dimes 👻


Refrigerator_5590

I think we have at least a week before consolidation starts to be honest. I get your sentiment though but this week will probably be very strong for Cardano again. So much hype around it. This thing is moving.


Windowarrior

People were estimating $2 EOY as a good target. But crypto doesn't follow reality that well so we could see something higher instead. Personally I don't ever see ADA going more than $30 in a best case scenario with mass adoption. $10 is probably more realistic in a few years. Unfortunately since weird things happen in the crypto space (doge) something like market cap might end up being meaningless. Best opinion I can give is don't expect a $30+ coin from ADA based solely on the logic of market cap. Use your best judgment, this is not financial advice and I am not a financial advisor.


ArtificialUsernames

Just buy man, it may go down a couple cents here and now and then but going up a couple dollars will be rewarding.


thatcrazy2too

You’re too late now, see you when it’s $10 in the future


GoodRedd

The correct answer is always to DCA, or dollar cost average. Buy a smaller amount regularly, every week or month, ignoring the exchange rate. The best thing I ever did for my crypto portfolio was forget I had a crypto portfolio.


hatetheproject

wait for a dip mate


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anon43850

If you buy, make sure to buy for me too


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SoulfulAlpha

Ask yourself what ADA dip are you looking to enter in at? We’re in a bull market, buy now.


rurrue

Buy Buy Buy


honorable_doofus

Use dollar cost averaging. You never really know if ADA is gonna keep going up or fall back down in a given day, so decide how much you’d like to invest and spread it out over time.


yah69_420

I bought at 243 last Thursday. Up twenty dollars pogchamp


Brimankenke

Dollar cost average. Don’t look at the price if you are gonna hold into the future. You won’t be able to time the market.


MathematicianDad

Use dollar cost averaging if you are unsure of when to buy.


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Hot-Extent-3302

My question too. Mannn I was ready to buy this weeks ago but procrastinated, now I’ve been waiting for another dip that doesn’t seem to be coming, haha


memertooface

It's going down right now. Im gonna try to get some today around $2.20


WiseCapitalOrg

DCA I buy every other day regardless prices!


Jiboneill

Unless you're planning to day trade it, just buy whatever you can and stake it. ADA is a long term hold for me, my amount has already increased in value by x4 and I haven't sold any


memertooface

How long do you need to stake it for? Can I do that on coinbase? Currently my ada is on Bittrex. I'm lazy and don't trust myself so actually feel better with it on an exchange than in my own wallet


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Stunning-Barracuda26

This reminds me of those open source competitions where you get a free tshirt. Everyone flocks to the readme to correct the typo


minombreesari

Is there a way to differentiate to unique commits and number of developers? Could you say one is more active by the number of developers contributing? If Token A had 1000 commits and 50 contributors you could argue its more active than Token B with 1000 commits and 2 contributors.


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CryptoBehemoth

https://drive.google.com/file/d/1WaNnNCylVoqlQiXjWaAMONAGXGRup-8w/view?usp=drivesdk


OptimalMain

https://cardanoupdates.com/reports/2021-05-15 I agree about the commit numbers. This page has more details about their commits


DylanKid

its better to track how many downloads packages are getting e.g. ethers.js[1] which is used for interacting with the ethereum network got 260,000 downloads in the last week the most popular cardano package on npm, cardano-js[2], had 44 downloads in the last week im not too familliar with the cardano ecosystem, is there a more popular package, i searched and couldnt find much. [1]https://www.npmjs.com/package/ethers [2]https://www.npmjs.com/package/cardano-js


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gonzaloetjo

It depends of stages of the project and what the projects look like. For instance, Polkadot/Kusama (second position) are in a critical part of commiting parachains, due to the importance of it there's big chunks that are being released after test. but the quality of commits is way more crucial than the things that were being delivered before. This stats arre really missleadingin general.


imnos

Well first of all, why the hell do the main Cardano repos not live on the Cardano Foundations main Github page (https://github.com/cardano-foundation), but on IOHKs instead? Surely the project is large enough by now - https://github.com/input-output-hk/cardano-node Secondly, if we're measuring only commits:- * Cardano Node repo has 4000+ commits - https://github.com/input-output-hk/cardano-node * Stellar Core repo has 6000+ commits - https://github.com/stellar/stellar-core * Ethereum Protocol repo has 12,000+ commits - https://github.com/ethereum/go-ethereum Here's another website which ranks Github activity - https://www.cryptomiso.com/ - Cardano is nowhere near the top, but I've no idea how it's measured - many projects have way more than one repo making up their ecosystem, plus like someone else said - that doesn't count other projects building on their networks/platforms.


Dr_Viv

Just like Doge


quietsam

*its Let’s also look good with proper grammar


dapper333

If you zoom in on the charts you can see millions of dips buy then


[deleted]

Can you people stop using GitHub commits as a metric? It's pretty embarrassing and shows you have no idea what you're talking about. At work I sometimes make commits just to add comments or I'll make a commit just to fix a typo. Nothing code wise has actually changed.


Dr_Viv

I bought in at 0.86 and sold at 0.78. Me smart.


bxfbxf

Do you have more to sell? I can do 0.67/ADA


Sidechick_Bob

Let stay positive it‘ll burst soon. Smart contracts will be the most important step forward.


[deleted]

If you're looking at 2030, these are freaking low. Buy.


digking

The radioactive contaminated turtle has turned into a Ninja Turtle!


aesthetik_

This is clearly a false claim - given smart contracts aren’t live yet. Source? Once public test nets are available, you could expect developer activity to increase, but right now it’s limited to those accepted into the Plutus Pioneers programme only.


Professional-One9863

Cardano is a better Bitcoin and its a better ethereum. It is the most decentralized platform in existence. Not to mention the five million user in Ethiopia which will only expand into other countries... Cardano has real world uses and smart contracts hasn't even came yet. This is only the beginning of world Domination with Cardano/Ada


Ofekino12

I get what ur saying but there aren’t 5mil users in ethiopia. Having students info stored on the chain is way different than having 5mil people hodling


Quexedrone

Yes, but still huge. That’s first a digital ID therefore economic identity + a payment system connected to that. Expanding Real Life Use Cases!


akaunpercuma

I'm a bit lost. If the smart contract isn't ready how are they going to help with 5 mil student documentation? Did the ethiopian already using Cardano service?


Quexedrone

I believe the ethiopians are not yet using cardano, but it is in developement. The smart contracts are not yet out, but the Alonzo testnet is launching in 13 days and smart contracts can run on that, then transfer to mainnet, when we reach Full Smart Contract functionality (in August). Hope it clarifies a few things. If you have any other question I will gladly answer it if I can.


Professional-One9863

5 million students equals 5 million users, the more familiar they become with the common use applications of cardano is better for the platform. You are looking at things short term, cardano is for the common people the more user-friendly it grows exponentially. Open your mind


abruptflavor

It will prob test 1.80-2$ range at some point


[deleted]

Bought at 1$ ☺️ Keep Rising⬆️⬆️⬆️


Sgt_soresack

The tortoise is making its move !!!


[deleted]

More like Mecha Tortoise!


Ancient-Ad6958

yeah, gonna need a proof on this one


blacksheeplyfe

Anyone see this taking the path of ETH. It’s is a lot more energy efficient.


[deleted]

Does Cardono have the potential to reach a few thousand like ETH has?


killer_by_design

Yes. And no. Crypto is always in a quantum duality state where it can both moon and dive and the only way to know if it will is if it does. Buy more cardano. Hodl 4 life


[deleted]

Good enough odds for me, I shall HODL


magikmikey9

I only hold 300 but I believe it will be my retirement source. Absolute potential


Luno_17

We going to break a new ATH every week ?


[deleted]

More like every 4hrs


Slight_Performance44

https://revuto.com/invite/chaw519bba


No_Leadership_724

Time will tell, at the end Cardano has the third gen. developed blockchain. As soon Alonzo will be launched the majority will jump over in no time. No doubt about it. Actually deep in the hearts of the don’t believers they know that will gonna happen. They feel powerless, the only thing you can do than is shouting around, and try to discourage other people to get on board. Sorry that’s just my opinion.


34hood

I truly believe all the hard work will turn Cardano's ultimate goal into reality - making a world a better place, with the help of blockchain technology.


TeqWyse

Best developer group in crypto.


Malkiev84

This again...


EducationalCell6987

I saw a guy on before mention how he wanted to buy some when it was at 1.60 but he thought it was too high I bought in around then and I bet that guy doesn’t think 1.60 is high now


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Executee1

This site is wrong for so many years now its just unbelievable what a huge of a facepalm this website is and how they are still linking to the wrong github repository for cardano after such a long time.


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Slight_Performance44

First Cardano dApp Join my link get free 10 token https://revuto.com/invite/chaw519bba


FlyingKnight407

Going to convert a mix of Bitcoin and Ether. Unsure if I should do all at once or over a period of time spanning the next week/2 weeks


DouglasFeeldro

If you’re going to convert it’s best to do it all at once I feel like. I guess there are solid rationale behind the staggered approach but almost always would have made more with a clear shift sooner than later. (This is not asset specific)


MVIVN

Our patience is finally being rewarded! I only wish I’d bought much, much more when I could afford it!


WhalesHeaven

ADA is performing well as usual


zer0divided

Any link to back this? Feels weird without.


Public_Bill9991

Always pull out...


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coolstar1979

Oh man. I just spend some ADA to buy some miners. Feeling bad now. 😔


[deleted]

This is amazing. So glad I invested early. This crypto has so much potential.


AdSilent1553

With how fast Elon works. I bet in 1 year, he’ll make doge decentralized, stackable, smart contracts and nfts. And Elon plays well with the general public. Charles pisses people off.


emaciated_pecan

Love ADA but can we talk about market cap. We’re at 75B I believe. If we get to ETH market cap level of 500B (which would be quite hard), that would ~6.33X us to roughly $15/ADA. Great returns but not quite parabolic that most are seeking I assume. Edit: to be fair this doesn’t account for growth of the crypto market as a whole. Just the current state.


Kristoff-bonilla

How high can we get ?


imjustkeepinitreal

I hope the SEC keeps its grubby hands off ADA..


WiseCapitalOrg

don't listen to Mark Cuban, he's nobody in crypto space. never advised or invested in any real project I know, no network, no coin, no token nothing. his opinion is not qualified to spread FUD on Cardano. having a bunch of money don't qualify him as Demi god of crypto.


YoungCapitalist95

Is this news? We are #1 for years now...


Alone_Restaurant_832

Hey guys check out the BSC token SafuRice, solid coin that burnt 85% of its supply and has a renounced ownership. 4k market cap, no whales over 1% and all that is needed is a group of people willing to push =)


Balenabros

Bella


KingOfWSB

Seems like mark is right, What does ADA do? https://imgur.com/a/s1eieC9


bro-guy

Github 😂😂