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Report: Cardano Added To Bloomberg Terminal
The move would expose ADA to a new set of investors
https://decrypt.co/61413/report-cardano-added-to-bloomberg-terminal
NBA players pool now live and staking with Cardano
@IOHK_Charles
astonishing work so far...Only the beginning of what's to come brotha!
Proud to be apart of the #CardanoCommunity
#NBAPlayersCardanoStakePool anyone?
Other notable Ask The Doctor shareholders include:
Wattpad founder, Allen Lau,
social impact entrepreneur Jay Rosenzweig,
Audiobooks.com founder Sanjay Singhal,
Canadian Dragon Dens star Michele Romanow,
Polymath founder Trevor Koverko
NHL star and Hockey Diversity Alliance founder Evander Kane
Huge news!!
Global Healthcare Platform Ask The Doctor to Use Cardano for World’s First Utility Healthcare Token in Africa
https://www.businesswire.com/news/home/20210315005744/en/Global-Healthcare-Platform-Ask-The-Doctor-to-Use-Cardano-for-World?s=09&fbclid=IwAR2d73wXIkQs3Vv6jDsdt2RBMVLh5OEobTwEOjvKVrqykcAKdhVczLqB7xo
JT,
yes, very possible. Doesn't bother me though. I know where it's going and always remember the trend is your friend.
Some good news I will l post in a separate convo.
Personally, I see this primed for sharp drop. 0.85 should see support, but there may be a bear trap or stop loss triggering giving a flash crash lower towards 0.80 (ie. simular as happened to ETH a few weeks back)
Then I see upwards trend continuing into end of the month and into Q2... Its painful to watch, but all part of healthy sustained rise north
This latest period of consolidation has has been wild lol
the fluctuation between $1.00 and $1.20 has been fun and games.
I think by this time next week we will finally see some movement north and start to retest the $1.50 level
JT
It's always the same, it will turn round soon enough though. 100% decentralised on March 31st with news items to come in between and after.
Ah well, looks like I should of held off on that last top up. See red week this week with possible dive with 50 day MA as support
May need to top slice elsewhere and sieze this incoming dip
Of course, always possibility of being wrong, but just calling it how I see it
Morning Cooper, yes, I saw that too
Funds have mastered the art of combining short plays with large purchases as a ways of gaining hold of a stock cheap. It will be no different with crypto
$20 in a couple of years is too aggressive for me to cling to, but I'd obviously welcome it. $40bn MC isn't something to sniff at, but when 70% is staked (understand it can be sold anytime) the free flow here is actually very tight within the context of asset classes.
I definitely agree with this though, and it is why I see some degree of multi bagging almost guaranteed:
"We are on the cusp of mass institutional adoption in crypto. I can tell you, when it comes to Cardano, Polkadot, and Ethereum, the institutional money is not going to wait 10 years this time. Bitcoin has given us the proof of concept that built trust in the market and forged a path for innovative altcoins to scale much faster." FD7 Chand
JT
I feel the same, it seems to me that this is a huge accumulation phase. $380 mill been bought up at this level and other will be buying too. it could well be we sit around the $110 to $120 level till the bags are filled.
More than happy to sit and wait. I'm going nowhere till we get to the $4 or $5 level and then I'll evaluate where we are and what's next. The Dubai fund are looking at $20 in 2 to 3 years which I think could come sooner if the right news lands.
No worries Cooper, all good. It's always interesting to see the various approaches that people have, it's how we learn, right
ADA testing the 4hr 20 MA. Assuming that gets crossed, then the uptrend is officially back on.
Equally, to be honest, I'm fine it wants to hang around here for next few weeks/months and consolidate some. IT's always good to build up solid bases prior to further legs up. Those help limit downward movement during the sell offs
JT
didn't notice you had posted to Dim already mate. I wasn't disregarding what you posted, I just never seen it.
Good solid advice from you
For anyone interested here is the official website of our new insti investors.
https://www.fd7.ventures/
JT
well done on your top up mate. I think this weekend we should see some positive action.
Dubai investment group complete $380 mill purchase of Cardano ADA
https://www.businesswire.com/news/home/20210305005456/en/FD7-Ventures-Completes-380M-USD-Cardano-Purchase/
Looking good for our first insti but expecting a lot more.
Dim
If you want to purchase Cardano ADA then you can do it direct with the yoroi wallet
https://yoroi-wallet.com/#/
If you want to reade various coins the sign up to an exchange like
https://www.binance.com/en
Once you have purchased your coins from Binance, send them to your wallet for safe keeping.
The yoroi wallet for ADA or you can download the daedalus wallet which is a thick client you install on your device but not for mobile. Only for PC or laptop
https://daedaluswallet.io/
welcome and good luck mate
Absolute easiest would be something like etoro. The benefit with them is that you get automatically enrolled in staking (i.e. you get equivalent of monthly dividend at approximately 4% APY). However, their spread is huge at around 3-4%... If you're planning on just buying a small amount of ADA (under 5 grand say), holding for a few years and not trading, then that's a reasonable option.
Otherwise, you'll want to create an account with somewhere like crypto.com. You'll get first thirty days at no charges, so it's a cheap way of entering the game and ADA is on their main exchange. Cypto.com can then be linked up with crypto wallets like MetaMask & then Uniswap which will give you access to most of the other crypto that aren't on these exchanges. However, the charges involved at a transaction level can be quite high. For example, I put a couple of grand into one crypto last weekend and the charges stacked up to over $100s. For me, I don't mind as short-term window for me is 3 years, but I'm not sure how worth it it is if you may only be investing a smaller amount for a shorter time horizon... Note: this is one of the challenges that ADA seeks to resolve and why it's expected to dominate the crypto space moving forward
FYI: ADA has just bounced off of the 20 day MA and is looking like there's potential to resume the uptrend. Not a bad time to start buying... equally, with crypto, if you can't handle 20% swings, dont waste your time. The emotion will drive you to sell and you'll lose money. Buy it, leave it, maybe even add to it, that's where the money is made
OK being a newbie/novice to these coins where do I start !!!!!
Well... ended up buying another couple thousand ADA this morning after all.
I've been looking a bit into LINK of late also @Cooper. Thanks for sharing
I'm anticipating a couple of burns in crypto. However, we are so obviously at the beginning of a new industry. Mention crypto and your average investor thinks bitcoin. The wider financial world remains numb to the potential of what's happening here. As this gradually gets unlocked (hopefully ADA being primary driver behind mainstream adoption), I really see the wider space properly taking off.
Patience with discipline should serve us well here... What I mean by discipline is remembering to take profits and not get greedy. That invites selling on the dips and all that which we got to avoid... My focus now is to build positions in what I see as upcoming players for the next couple of years (i.e. gaming, crypto shopping, transparent fund raising and interoperability).
JT
Yeah, all looking good for short term and long term growth. JP Morgan now starting it's crypto trading desk to purchase bitcoin and digital assets & blockchain tech. I would assume Cardano will be involved there too.
I have some VHTO, LINK and also have ERG which is working closely with Cardano.
Next week I think Crypto market starts to rally imo
Thanks for posting Cooper
I don't have any DOT myself, but these investments do generate an appeal to at least learn more about it.
Future is increasingly looking cemented for ADA which is excellent. Significant investment into the eco-sphere offers much more long term prospects than simply them purchasing ADA on the market. Excellent read!
Keep wanting to buy more, but equally want to avoid over exposure. After recent rises I'm already over 5% of my whole portfolio in ADA...A point where I'd usually focus on top slicing, but feels like we haven't even got started here
Unsure if of interest, but have been looking into CHAIN (chain games), SPI (shopping.io), SWAP (Trustswap) and a few other potential movers of late. Take a look at their white papers to learn more if you're interested
Thanks for posting Cooper
I don't have any DOT myself
are now investing a further $250 mill for infrastructure programs for both cardano and dot.
https://cryptopotato.com/250m-fund-to-invest-in-polkadot-and-cardano-launched-in-india/
This will help with the build out of smart contracts etc and the mass adoption of the Cardano brand
The FUD is strong with Cardano. Eth and BTC maxis are out in force because of our eating in to their market share.
Today we might see some action to the downside created by all the FUD but it's a case of sitting tight. It's the weak hands getting shaken out by the trolls.
Imo we go from strength to strength from here. I think we pass the $2 level within 3 or 4 weeks. Defo by the end of march.
Obviously news flow of magnitude would change that and the move up would be greater.