3Wk·

Get in on Cardano now?

Hi, so far I only have $SOL (+0.31%) in the portfolio and want to add another cryptocurrency... Do you think it would make sense to open a Cardano position now?

Or do you think I should rather build up a "core" with $BTC (-0.02%) build up?

13 Comments

Stefan21@stefan_21

3Wk

Bitcoin, of course :)
Solana as well as Cardano or any other altcoins will most likely not bring you much joy in the long run.

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Finn B.@Pizzahummel6130

3Wk

@stefan_21 and is it best to have a savings plan? Because I'd hate to put a lot into it now at this price...

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Stefan21@stefan_21

3Wk

@Pizzahummel6130 I think that the price will be much higher in a few years than it is now - so I wouldn't necessarily call the price a high now, but I understand what you mean :)
I can always highly recommend a Bitcoin savings plan, as it takes your emotions out of the equation. You're happy when the price goes up and you're happy when the price goes down, because then you get more BTC for your money.

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Ph1l1pp@Ph1l1pp

3Wk

Quite apart from the fact that Solana is extremely weak and is probably the best altcoin to short, I would rather advise you to use Bitcoin.

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StockSniper@StockSniper

3Wk

@Ph1l1pp Don't underestimate Solana, especially now with stable coins

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Ph1l1pp@Ph1l1pp

3Wk

@StockSniper Solana has nothing even remotely to do with stable coins and the Solana ETF's Approve Rate doesn't help either.

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StockSniper@StockSniper

3Wk

@Ph1l1pp Get the right information. Solana most important blockchain for transactions of stable coins usdc and usdt or uxd

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Ph1l1pp@Ph1l1pp

3Wk

@StockSniper I'll remind you as soon as Solana is back below $100.

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Hendan@Hendan

3Wk

$BTC all the way

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Maximilian@Maximilian_GHG

3Wk

Stay away from altcoins. Btc is the real deal. I got into crypto in 2022 and, despite mega strong purchase levels, have largely made a loss. Apart from $SOL, the altcoins have gone completely down the drain

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L@user3f8e1229dbaf44ab

3Wk

Btc there is no second best!

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