We’re finally moving out of the 🐻 market

Makes you want to have only learned about Cardano today :joy:

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Hey JB good to see your posts again! I was wondering if we would hear from you during this carnage.

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@Donnybaseball I call it Christmas

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Lol! I actually feel the same way. This gives the term buy the dip new meaning though.

Going to DCA?

It stands for ‘Dollar-Cost Averaging

Also works with Euro, Yen or Rubel… :wink:

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I was hoping matthijs.last was going for an extended stay to Disney California Adventure (DCA) until we get over $1.:sunglasses:

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Still DCA. Of course no one, especially me, knows where the price will go! If it goes lower, I get more, higher I get less. Once I reach my investment limit, I will just sit back and watch! Even if ada tanks and my investment goes to zero, it’s still not that much where I’ll be crying and getting ready to jump off a tall building! But if it moons, most of us, who others called morons for buying ada, will be dancing in the streets! Me, I’ll just buy a log cabin in the smokey mountains and live out the rest of my days thanks to Charles and company!

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Alternatively you could use your financial freedom and spare time to do good for society. And still have your log cabin in the smokey mountains. :wink:

predicting future is a tricky bussiness.

Most crypto have some properties similar to gold and other metals. Those properties work great in time of financial crises with high inflation and/or instability. The underlying reasons for the crisis in 2008 are still present in the financial system. South of the Europe look particularly brittle these days. I just hope Cardano will be mature and known enough when the crises comes. In the meanwhile I’m DCAing.

My sentiment exactly.

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My exact philosophy. I’m currently buying some more. I’m hoping for a cabin and a beach house though…

There is no model in which we could rely on to know how a crypto would behave …
Everything may or may not, as there is no consensus between all the “ specialists “ about the different hypothesis about the behaviour of a crypto!
This space is amazingly young, just 10 years old
Somehow I find it exciting …
One thing I m sure about, crypto is the future and my faith on Cardano didn’t change

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Does anybody know what has caused nearly all coins in the top 10 (Market Capitalisation) to increase in price between around 7-15% today?

They kind of address it here. The explanation is not going to be spectacular.

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Thank-you kindly sir :slight_smile:

around the $4100 mark was a major resistance line for Bitcoin once it busted through its off to the races.

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BTW this is one of my favorite technical analysis guys on you tube:

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Interesting article:

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