Popular Cardano Enthusiasts Urges Institutional Investors To Hold $ADA For A Long Term

A Twitter user, Cardano Whale, has taken to his handle to encourage institutional investors to buy more $ADA. The user is a popular Cardano enthusiast.  He explained some reasons why Cardano is suitable for long term investors interested in the project via his tweet.

Cardano Whale And Other Enthusiasts Encourage Investors to Bag $ADA

On Sunday while making the tweet, he urges investors to acquire more $ADA now while it is dipping. He particularly stated that the Cardano community is highly secured, decentralized and its membership base increases daily.

He added that investors should listen to the advice given by those who deserted LUNA for Cardano before it crashed completely.

However, he added that he could only advise and encourage, the choice to buy or sell belongs to individuals.

Dan Gambardello, another crypto enthusiast who fancies the Cardano project has also commented on the project system via twitter. 

Dan, who is the CEO at Crypto Capital Venture, tweeted that the Cardano network is a strong and unique community. He continued that the project is brilliant, diverse, creative, tenacious and very innovative.

The CEO believed many more investors would migrate from diverse networks to join the Cardano community. He welcomed potential users in advance and wished them to enjoy their stay.

Gambardello concluded that when $ADA spikes to $1 plus, he would not spare any energy to criticize those who are skeptical. But rather, he would rather focus his energy on congratulating those who bought the dip. $ADA is currently trading at $0.5 dollars according to the 24 hours price chart.

Furthermore, in the recent edition of a report series hosted by CoinShares Research, a sum of $141 million outflows was reported for digital assets investment products. The Weekly Digital Asset Fund Flows also reported that minor inflows of Altcoins were recorded. Amidst the selected Altcoins are Cardano and Polkadot with each recording $1 million american dollars inflows.

Ben Armstrong Longs To Interview Charles Hoskinson

Ben Armstrong , a public figure, had stated via his twitter handler that he is eager to hold an interview with Charles Hoskinson. Ben is a crypto influencer and he had voiced out his desire to hold the CEO of IO Global in a private discussion. IO Global, initially called IOHK, is the company that is saddled with Cardano’ growth and research.

Earlier today, while replying to Ben’s tweet, Charles said he would be very glad to honor his request. He added that if they meet at the consensus event that is coming up soon, they would probably have a private discussion.

Leave a Reply

Your email address will not be published.

Related

What is Copy Trade and How It Works?

Copy Trade Intro Copy trade or copy trading is a type of trading in which one trader (the “follower”) automatically copies the trades of another trader (the “leader”). This is done through a copy trading platform, which connects the follower and leader and allows the follower to automatically copy the leader’s trades in real-time. How […]

Be The Bank Review, btb.inc – Is BeTheBank Scam or a Good Broker?

Be The Bank Review Be The Bank Rating 4.7 Summary Read our Be The Bank review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is bethebank scam or legit” and much more! We have checked all the aspects of this broker and we recommend BeTheBank for online trading. It […]

Coins Capital Review, Coins-Capital.com – Is Coins Capital Scam Or Legitimate?

Coins Capital Trading Platform Rating 4.3 Summary Read our Coins Capital review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is Coins Capital scam or legit” and much more! https://coins-capital.com/ Coins Capital Review You have been thinking for a long time if trading is for you. You have finally […]

AI Center Indicts ChatGPT Developer of Trade Law Violations: Claims Bias & Deception

The organization alleges that the creator of ChatGPT has violated Section 5 of the Federal Trade Commission Act with the release of GPT-4. This section of the act prohibits any practices or acts considered deceptive or unfair and that affect commerce. CAIDP has complained to the US Federal Trade Commission, intending to prevent the distribution […]

Investors Excited As XRP Market Capitalization Hits $20 Billion

It’s been wide jubilation today after XRP investors heard the announcement that the market capitalization has surged to $20 billion. XRP: a cryptocurrency developed and managed by Ripple, a San Francisco, United States, distributed data company. It was gathered that the coin itself responded to this development through a climb in price – it was […]