We just invested $2,500 of our public portfolio (which you can live track with link below) into Cardano. We will be holding on to our Ada until August for sure and then decide if we want to stay or move, since Ripple should be looking much better by that time and was our preferred pick originally, however after doing analysis it appeared to be stuck at support zone, with no movement for weeks now.
Cardano on the other hand appears to be in classic butterfly pattern which if we are correct like before, should result in some grand upward movement which would be profitable of upwards 400%
Keep in mind that we might switch out of this trade if we see sideways movement which would move this trade into a medium term investment vs short term which is what we are looking at.
Meanwhile we are looking at Tron, Verge, Bytecoin and Mainframe to see if there is higher short term movement possibility.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.