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Hahaha, that was mental. I think a day or two to settle down and we will be back testing the 1.50p area.
Get a good knights kip and let your heart settle down haha
Don't think my blood pressure can take this level of volatility!
JT,
yeah, the space is just huge right now but as you said we are only scraping along the bottom in terms of adoption.
It's looking more and more likely that crypto will factor in a lot of investment funds minds now. Especially with guys like Hoskinson stating today at the Africa summit that the growth in Africa with Blockchain will be greater than the growth China experienced from the 80's. He also stated that Cardano can work with Africa without trying to exploit Africa. Now that's a message that will resonate. Africa has been exploited for ever. Africa will hear those words and think yeah, let's do business, lets build and grow together.
Great move with DOT. Staking returns are high with DOT. I have some Link too. On;y £3200 worth @ £26 So room to grow before I see a return. I also hold 11016 ERG. I've about £20k invested there. Disposed of my VTHO and VET to buy Link and erg.
Total investments as of now are ADA LINK ERG
Targets are
Crypto holdings:
ADA $5
Link $75
ERG $20
Stock Market holdings
YGEN 750k
Target 30p then evaluate things from there.
Ygen Could be a great play on all the news but needs to now follow through on that once the economy is opened back up.
Whether or not this happens who knows.
Saw that news also.
I watched interview with John O'Connor (the guy heading up ADA adoption in Africa) last night. He mentioned that they wouldn't hold an Africa news event prior to locking down Ethiopia government contract, so this should be big... I recommend watching, very informative regarding their strategy: (https://www.crypto-news-flash.com/cardano-iog-reveals-worlds-largest-blockchain-deployment-in-africa/) I love their idea about using staked ADA to create loans for african entrepreneurs, creating investment into the continent, whilst generation potential for significant returns for ADA holders. The 'Good pools' where staking rewards are dedicated to charities etc are also really clever... I really like where this is going as a movement.
I've forced myself not to buy any more ADA. Ended up picking up some DOT last night. Might grow my holdings in CHAIN and a few other high potentials
Cooper, if one day crypto gets recognised as a stable asset that can be used to comply with Basel IV standards, that it when things will reeaaally take off. Think it would equate to around $10trillion investment by central banks. Just image! And thing is, KMPG and some other giants are planning for this
That's how early we are, we are in before mainstream. IN before the banks etc.
I think we can see a super cycle where all cryptos moon or at the very least the top 20 coins all moon multiples of current prices.
Visa Is Planning To Enable Cryptocurrency Transactions
Great news for the crypto industry. We now have Paypal, Visa, Mastercard, Morgan Stanley
Even Goldman Sachs says :
‘We’ve crossed a line’: Why Goldman Sachs says crypto is here to stay
Mathew McDermott, the bank’s most senior crypto exec, says there’s no going back on digital assets as institutional investor clients pile in
Visa Link Below
https://cryptobriefing.com/visa-planning-enable-cryptocurrency-transactions/
G-man
Download Daedalus wallet from IOHK website. Transfer your coins to that wallet and then you simply delegate them to a stake pool. I have gained over 6000 coins since August 2020. At todays price = $8400
https://daedaluswallet.io/ < === Wallet you want is here
JT
Yes, coinbase tomorrow and I think we will see a pump from that tomorrow and over the next 30 days as people who never had access start building a holding. Then as you said Africa Keynote speech tomorrow too where there could be news or at the very least some kind of update on progress.
Isn't it also tomorrow for the Africa keynote speech? https://blockchainafrica.co/speakers/charles-hoskinson-keynote-speaker/
Lot's of speculation about an announcement about this Ethiopian deal
Yoroi (see Cooper's post from 5th Mar) probably has best staking rewards.
I'm similarly elsewhere Gman. However, I'm not willing to sell and reinvest right now cause that could easily result in selling at the wrong time and buying back in 10-20% higher. The staking rewards are nice, but in the end, an extra couple of percent on the staking rewards is peanuts compared to the reason why we're really here.
Fair days Cooper, that's a reasonable conviction. My initial investments into crypto were very small. Bought half a dozen ETH, top slided half after they doubled and bought some ADA, IOTA etc which have since risen. Definitely not complaining about quadrupling money in just as 3 months. Have since been adding more, but crypto is still v new to me and makes v small (but growing) proportion of my overall portfolio. Am still more than content with a broad 10% increase across the whole portfolio, covers most of our living costs.
Just under $1.4 as I type. New highs tomorrow v likely indeed
Cheers JT and Cooper for the updates. what sum of coins do you need for staking purposes and who do you recommend? I started off with etoro but the spread was killing my game so now in bnb which is far more sophisticated and a bit more to learn but starting to get to grips with it....
And starting to move. Tomorrow the flood gates open when Coinbase allows Pro traders to onboard. Then hopefully soon after the regular exchange will allow the retail punter to buy.
Happy days ahead.
JT,,
I probably paid more like £20k in total as I bought some higher up as well. More than happy though. The good things is I have my ADA staked and roughly get 150 every 5 days so right now and since we have been at the dollar range it's $150 every 5 days. It's just adding to my holding every 5 days which means the rewards for staking increase too.
Anyway...we are breaking out as I type. I think $1.70 to £1.80 is the next stop along the way to $2
Charles stated there was more birds still waiting to land so even more good news. So Bullish right now.
Indeed, 10% swings are good on regular markets, but when things move here they really move.
Ethiopia news (if it's anything like what we think it could be) will be very important. As Cooper says, it will not only give a further rise but also cement in a new floor to the coin price. The main thing is that it will help to gain further interest from larger players because it will be the significant proof of concept that so many are critical against Cardano about.
With Cardano de-risked (so to speak), II's joining and project pipeline incoming, that sets the scene for significant improvement in price action.
Chand from FD7 is hoping for $20 by end of 2023. I'd be v happy with that by end of 2025. I think Cooper's more in line with Chand in terms of seeing this move up rapidly in the near term... Either way, it looks like we're all on to a winner here
@Cooper. So you're original investment was around $10k? Brilliant! V happy for you
I was v close on getting into Crypto after the crash in Mar last year. But crypto looked like it had been hit harder than other assets, so I ended up going large in traditional havens. Very bad decision. Ended up transitioning into some Bitcoin and Eth in december at almost 10x price it was earlier in the year, and then came here in Jan... Still, tis how it is
I like the line of direction. I dabbled in trying cooper d I've been making 10% here and there during the volatility but when it goes you don't want to be out so playing the long game right now!
Gman
If Ethiopia is confirmed then imo it's huge. What it will do to the price is underpin it at these levels and cement the bottom at current levels whilst driving us forth. I think on coinbase news we will do another 100% from here over the next week or two.
Add Ethiopia news on top and we could well do the same again by end of April.
We then have 100 companies and partnerships to announce along side all of this news.
I think $5 is going to be hut by the end of June if these all come off.
Great news on coinbase. I would be interested in your thoughts regarding what sort of impact Ethiopia would have on price?
Yeah, it's catching it at the right time. I had these since 2017 when Cardano first came out and bought at 2c. I also bought alot higher up that year. Then last year I bought more at 3c so have been a accumulating for a while.
In terms of selling, I'm Ok financially. No mortgage, passive income and decent standard of living so no need to make any rash decisions. I've been in this position with stocks and shares over the years and made good money so know the potential pitfalls and possibilities of remaining steadfast and not letting numbers scare you into selling to soon.
Worst case scansion here is sitting tight if I don't exit at the right time for maybe another few years but by then we could really be ready to hit a new dimension. I'd much rather get out round the $3.50 to $5 level this year though as I do have some plans I'd like to implement. I want to tidy up a few things and stream line so that would be my preference.
V nice holding. Congrats Cooper for holding on as you have
I took noticed in early Jan when this was 25cents, but was too slow to start building. Average purchase is ~80cents... double what it would of been if was just a week or so earlier.
Ach well, is what it is. Just need to be content and hold
If I were you, I'd gradually be selling down and diversifying. Even if it's just the staking rewards being sold at first. Other returns may not be as rosey, but a stable 5-10% on even half a mill gives a good lifestyle
Tooo right, $4 = $1 mill for me so it's going to be very difficult to hold beyond that but I have to keep it simple and evaluate it as we gain momentum. I stake my ADA in my wallet and get 150 ada every 5 days so my holding just keeps going up too.
So long as we keep getting this kind of good news then we should clear $5 very easily.
Would love for you to be right. Id be pretty happy with $5 this year
$20 by 2025 is life changer
Haha, don't sweat it mate. I think this is our year with Cardano. I don't want to say it but I'm going to. I think $10 is more than possible this year. The news just keeps rolling in and we still have 100 companies to announce partnerships with. We still have more news on Ethiopia. How much more bullish can this get?
https://blog.coinbase.com/cardano-ada-is-launching-on-coinbase-pro-694b1cb8c778
Huge news indeed!
Well, I picked up another 3.5k ADA at ~$1.26, so should of waited off a few days. But it's all somewhat similar in the long run
Oh YEAH!!!!!
We are now on Coinbase. This is huge. We could easily do 100% from here and that's before anything else is factored in.
Well done JT for your decision to buy more during the dips. We are now entering a different realm of possibilities.
Wow, someone's buying now. It's up over 10% in 5 minutes
It's safe to say that the adoption of Cardano is starting to take a turn north. We are only just scratching the surface right now but we are moving in the right direction.
End of this month to the 2nd week in April will see more world firsts!!!