Investing in ADA


#1

Hi, I’m new to crypto and I believe in the technology that Cardano has to offer. But how much would you invest in it? would it reach to $100 per coin? and how long do you think it will get there?


#2

Would it reach $100? How long?
Truth is that no one can tell.

But wait, why $100? Why not $50 or $5 or… $1000? Seriously, why $100?

Invest as much as you are happy to lose.
Invest proportionally to your understanding of the technology you invest in.

Good Luck.


#3

$100 is just an example and you’re right the price for the future of the currency is still unknown


#4

welcome. individually defined on where individuals think the price will go, because everything is an opinion, especially in the cryptocurrency world.

@moustique has a good suggestion for any cryptocurrency investment.


#5

i think the price possibility will be hit usd100 in 2018.


#6

Highly unlikely. I’ll be very surprised if it hits $5.


#7

That’s sound advice right there.


#8

I usually try to remind myself not to chase the money but to chase the solution to a problem.

Here the Cardano team represents the solution to a big problem, your investment should represent your confidence in the project as a whole.


#9

#10

Great advice. I think the Cardano team seem to be approaching the cryptocurrency market from a different perspective to most coins. Chasing money seems to be the motive for a lot of coins nowadays.