🇳🇱
FYI, for anyone investing in ADA now might be a good time to pull out for a few weeks until the news from China settles. I still think its the long-term win though.
I pulled out, my plan is to go back in within a few days if no dip occurs, but if one does occur ill wait it out a few weeks until it settles. The news from china I suspect will probably cause things to dip though.
@biomedmax It isnt just ADA its all crypto. China announced a few hours ago that unlike before not just mining is illegal but rather trading in any cryptocurrency of any kind is illegal. So I expect this to cause a bit of dip for a bit.
@freemo oh I get it. But O don't expect to affect *specially* ada, right?
@biomedmax No, in fact ADA will likely be less effected than other crypto as it has a lot positive going for it. This will probably effect crypto in general and simply include ADA.
@freemo I'm taking all my coins offline and am more familiar with the etherium wallet than ADA, so I've moved everything into that for now.
@swiley I transferred all my coins into USD_T once the china news hit and am keeping that in an ethereum wallet as well. I still think Cardano is going to make huge profits this year and over time displace ethereum and BTC. But that will take time and I suspect this dip, like the last Chinese scare, will be noticeable but temporary.
@swiley My plan now is to see where this goes.. if in 3 days there is no significant dip developing im going to jump back in.. If however it shows signs of dipping as I predict it will likely be a 1 - 4 week dip, but ill just watch the news closely.
Once that is released and there are console based wallets for all platforms, I will release the nuttiest yet entertaining conspiracy theory ever. :D
Fair point.. plus 10grans isnt worth a whole lot anyway. I wonder how its price chart is looking these days, I dont hear much about it anymore which suggests to me it might be on the way out.
@freemo You were confusing the hell out of me. To me, ADA means American Disability Act. :P
@freemo what is happening with ada exactly over there?