This one is like shooting fish in a barrel. Seriously, how low can we go? Certainly Ada was overvalued for it's stage, but it's a great coin, good project/team. Sure there are is a tremendous amount of circulating supply, and it's still a lot higher priced compared to other high supply coins like Verge (another no brainer, imo), Sia or DGB, but this is a project that can truly grow market cap. At less than 1/5th market cap of Ripple, and 1/12th of Ethereum, I'd say we have room to grow...
We are still at $0.17 here, so be aware that small changes in value can have a huge impact. Going down to 0.12 is a 50% loss, so while buying post breakout may seem like you're missing out, it's a smart move when it dips.
Healthy trading and profitable investments,
The Freedom to Be
Legal Disclaimer: The information provided herein is for informational, or entertainment purposes only. I am not providing financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs, and only invest what you are willing to lose.
If you profit from this idea and would like to keep the charts coming, wallets are below:
BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB