I've been watching crypto for a few months now. I wanted to understand it better before jumping in, but now I feel like I missed the boat, and don't want to jump in while everything is so hyped. For someone new, its hard to know if now is a good time to buy, or if I should be waiting for a pullback. Kudos to all of you that have been in the crypto game for a while now, its nice to see you guys getting rewarded for your belief in crypto.
The two I have been watching the most have been Bitcoin and Cardano/Ada. As much as I want to join the party, I will likely stay on the sidelines for now. Its hard to buy when things were so much cheaper just a few months ago. For example, Ada was .02 a coin 6months ago, then .10 in January, and now its .69 today.

Well, I did it. I bought into Ada. I only bought about 1/5 of what I would like to spend, so if it dips down I can buy as it goes.

Nice! I started watching it closely at .35, and just kept hoping for a pullback. Eventually I realized it’s upward pattern was very strong, so I simply bought in a bit at this point, and will buy more if it does dip. Cardano has a lot of exciting things coming in the next few months, so I’m excited to see where this project goes. I bought it more for that than to just be a storage of funds.

I'm currently buying Ada on NDAX Inc. its a Canadian company out of Alberta. I mostly chose it as my cousin has been using it for years, and he helped me get setup. it also allows me to etransfer money to them, then use that cash for the transactions. So I don't have to worry about them having all my banking info, or me having to have btc to buy ada. I will likely buy through there for this month, and then move my ada as one big chunk to my ledger (my friend had a few on order, so I just bought one from him, to save time). I like the idea of staking ada, so I might try that in the future, but right now this is my current plan.

Cardano/Ada is up again. So far I've bought in twice. I'm really hoping for a dip to buy more at a better price, but with great news/implementation coming late February and early March, I'm kind of doubting it dips too low in the next while. Fingers crossed I'm wrong though.

At least I'm in it now though, and not just staring from the sidelines.

Right now I'm quite big on bitcoin and Cardano, but does anyone have any other crypto they feel is worth reading up on? I think this is an exciting time for Cardano, and am wondering if there are any other crypto/projects that are in similar stages with exciting times/projects ahead. I feel I should look at diversifying my buying a bit, but want to read up on projects before buying in. Plus I'm really green and the more I can learn, the better.

I think I’m done buying Ada for now, unless it gives us a nice big dip to buy on. I have about 1/3 of my fun budget spent, with enough coins now to feel I’m part of the fun.
Thanks to everyone for being a part of this thread, I look forward to seeing what 2021 brings for everyone.

After you recommended GRT I started reading a bit up on it last night, but didn't buy in yet. Apparently you gotta jump in fast if you want to catch the jumps! Its nice to see it's doing well for you today.

ADA should see alot of positives come its way in the next few months. It will handle smart contracts soon. It should be listed on more exchanges soon. There's talks of Cardano handling gov't contracts in Africa soon. You can stake ADA to make more ADA. And a few other things I'm forgetting at this time. Plus the owner is a spaceballs fan, so that's cool hahaha.
I'm not sure where it will go this year, but the next few months should be interesting to see play out.

I'm quite enjoying this thread as I'm learning a lot, but I have a lot to learn still.
Question: When I got into researching ADA, I too noticed the large market cap, and was slightly concerned. But if Cardano is more akin to Ethereum than Bitcoin, and Ethereum doesn't have a market cap at all, wouldn't that make Cardano's market cap decent in comparison? I might be comparing apples to oranges on here, so please feel free to say if my logic is backwards on this one.

I'm ok with this. I'd like a bit more time to buy more before it hits coinbase and that crowd jumps in too.
I believe March 26th, 2021 is the set date for the network to become 100% decentralized.

This was one of the main reasons I really wanted to get my foot in the door with Cardano now. The fact it is a government contract of that suggested size, I feel is not only huge for Cardano, but crypto as a whole.

I wasn’t going to post this here, as I don’t want to be seen as just a cardano/Ada pusher. But if anyone wants to know more about what Cardano is currently working on, its creator, Charles posted this half hour video today talking about some of its projects and goals for the next few months:

The last few days, it’s felt like things have sagged a bit in the evenings/nights, so I’m wondering if something influenced the Asian market to sell a fair bit just now. Hopefully it’s a blip and not something bigger.

I bought a bit at .83 yesterday, and within the hour watched it hit .72. I should’ve bought more then, but didn’t know where or how far it was going, so I just watched instead. It’s back up to .88 now though, so its recovering well.

I’m no expert, but as a fellow crypto newbie I figured I’d share my approach to jumping in.
Right now I have about 1/3 of my play budget put in. I wanted to put more in, but I’m also trying to pace myself. I might put up to 1/2 in, but I’ll try to stop myself from much more than that. Right now it’s an exciting time, but most crypto is way up in price compared to where it usually sits at. Maybe these prices will stay. Maybe they’ll keep going up. Or maybe they’ll drop back down (hopefully not to the extent of last time). I want to make sure I have enough play money left in my pocket for whatever the future holds. If cardano drops down to .10, I want to be able to buy at that level too. And not just be watching at that point.
FOMO on an upswing is hard to push aside though.

I love the optimism! I was thinking/hoping it would hit around $3 this year, but I’ll gladly take $9 instead lol.
My plan is to stake it for the long haul too. It’s really easy to do and is rewarding. Plus I really like Cardano’s drive and plans for the future.

I use NDAX and its been great. I don't have to have my bank account linked, and I don't have to buy with BTC. I just send Canadian funds through an etransfer from my bank to my NDAX account, and from there use the funds to buy as I wish. It's the only exchange I've used though, so maybe its not as great as others. I'm happy with it though.

Taken from Twitter, I saw this earlier today:
“A mysterious entity has deployed 15 randomly named #Cardano pools with 0 pledge and about 32M ₳ staked in each (ready for k=1000), adding almost half a billion to total staked $ada.“

I’m not sure who it is, but there’s rumours it could be binance, coinbase, greyscale, or maybe even one of the rumoured African countries. I’m still green to crypto but this big of a move seems pretty exciting for cardano, and it’s fun to speculate who’s behind it and when they’ll make themselves known.

Gene Simmons is hopping on the Cardano / Ada train!

C0BE90E7-A972-472B-85B4-4968A685DDA4 (resized).jpeg

In regards to Ada, if buying in around this point, as a good chunk of us have been, I agree that 6x is a lot more realistic that what some folks out there are predicting. But the folks who had been buying it for the last two years at .02 - .03 a coin, they’re going to do really well if it hits that level. And I’m happy for them, as they believed and bought into cardano when it was down in the dumps. Even the folks who bought in at .10 - .20 will be nicely rewarded.

Ada is my first venture into crypto. I more so chose it as I believe it has an exciting and very useful future. Also, it’s ability to stake and gain more Ada was very appealing. I need something like that to help me be able to leave it for 5-8 years, knowing it’s silently, slowly adding for me.

I sold my super Mario pinball machine recently to a good friend. I still have 5 pins in the basement, so I’m not really feeling like I’m missing out by not having the sixth. So I’ve just invested that money into cardano. If I lose it, I’ll be ok. If it goes up 6x, I’ll buy a new pin and take the family on a trip or something. Though I do want to try holding it for at least 5-8 years. And if the price dips low, I still have enough play money to average the overall coin cost down.

I’ve been buying over the last couple weeks. I think I currently sit at 4500-4600 Ada, with an average price of about .80us per coin.

With all this said, I do believe Bitcoin is still the safest coin to be buying. It’s just personally for me, I’m more excited about cardano and what the future might hold for it.

I should also say that I’m not a new guy coming into crypto thinking I’m going to for sure 5, 6, 10x my investment. I think cardano has a bright year ahead of it, but I’d be very happy to even double my value, and that new value hold for the year. Though I also realize it could plummet, which is why I’ve left some cash on the sidelines to buy as the year goes.

Cardanos flying now! $1.08us last I looked but it’s moving fast.
It’s been a great day for most crypto really.

Looks like all crypto did. Any idea what caused it? It can’t completely be from Musk tweeting that eth and Bitcoin seem a bit high can it?

I bought more Ada on the dip, and it seems to be recovering a bit in value now. Only about 400, but it helped average out a bit that I bought above $1 in value. I don’t think I’ll be buying anymore for a while though. I was hoping to buy before the 24th’s Mary fork and before March 1st gogeun era start, but I’ll likely sit pat now.

Also I’m handling this dip way better than I did when I tried my hand at stocks. Maybe I believe in cardano more than I did those stock companies though.

“Binance has temporarily suspended withdrawals of $ETH and Ethereum-based tokens due to high network congestion.”

That’s not good lol.

I’ve been looking at it from a weekly viewpoint too. In that perspective cardano went from .87 to 1.00. Plus it’s scheduled for a fair bit of good news this week. I’m not sweating too much yet lol.

Cardano is back to 1.07. Seems to be recovering quite nicely from this morning.

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I’m not on kraken, and I don’t trust twitter, but is this true?

Thanks. I couldn’t see that being true.
I read more and someone said that there was some auto stop loss sales triggered when Ada and ether hit these prices on the site earlier today. I’m still new to all this so I got confused if it was even possible. Glad it didn’t.
Also I dont use kraken but was still curious about the tweet.

I set my goal for 8 years. Basically two more Bitcoin halvings. Also I find it’s helping me hold when I can stake my Ada and earn more Ada by doing so. That’s an extra incentive.

Don’t beat yourself up too badly, it happens. I did the exact same thing with some stocks I had bought about half a year ago. I bought what I thought was a low price. Then they just kept slowly creeping down. It’s hard to see a loss and not just cut the losses at a set point. I chalked it up as a learning experience, and it really has helped me now when I’m buying crypto.

I saw it hit .85 on NDAX too, but I couldn’t get my order in when it did. Likely way too much traffic and orders going through. I did get to buy a bit on the dip though, just not that low sadly.

Is this all because Elon musk said he thinks Bitcoin and ether are a bit over priced right now? Last night I saw Ada hit .87, but it’s back at .97. Considering what some coins are doing, I’m ok with it hovering around a dollar

For those of you that have been in crypto since 2017 or before. How does this run feel compared to the run in 2017? I’m not suggesting this will end in a crash or not. And either way, I plan to hold what I’ve bought. I’m more curious if it feels the same, or if the dips and resistances feel different, if it feels different due to more institutional support, etc. I wasn’t in crypto for the last spike, so I am just curious to hear about it.

Cardano/Ada should be ok this week. They have events on the 24th and 1st, and also said the Africa deal would be announced in February. Lately the price has been dipping at night, so if it hits a decent low tonight I’ll be buying a bit more Ada.

With you being from Alberta, have you used NDAX before? That’s what I’m using to buy Ada. It’s been alright. It’s nice because I just etransfer what I want to spend, buy Ada directly in Canadian funds, and then transfer out every couple weeks to my ledger and then stake the Ada. I believe each buying transaction costs 1 Ada as a fee, and it costs 8 Ada to remove to the ledger per transaction. So I wait until I have a couple hundred to a couple thousand Ada to transfer, and it cuts the fee % down nicely.

No problem! It’s an Alberta based exchange, that’s why I just wondered if you had heard of them. It’s the first and only exchange I’ve ever used, so they might be terrible and I just don’t know any better haha. But so far I’m happy with it.

I thought with MicroStrategy buying $1 billion more worth of bitcoin, and with Square buying another $170 million in bitcoin, that bitcoin would've had a bit better of a day today. But I'm also green to this so maybe crypto doesn't immediately react the same way that stocks do to news.

Got the last random purchase of Ada done today. I’m now switching over to regular biweekly buys. I’m excited to see what March 1st brings, should be an exciting month.

Cardano/Ada is going on a nice climb this morning. 1.17 at the time of posting this.

I added about 250 more ada yesterday evening, before I transferred them off the exchange and into a staking pool. I have about 6030 ada now. I bought about half of those in the .70-.80 range. So while I didn't get in too early, I'm just happy I eventually did jump in. I did keep $2000 cash for now, to use for smaller biweekly buys, or if things dip hard again I can average the price down a bit.

If you got in at .42 cents, I think you did better than most of us did.
I think March 1st will be a big day for Ada, but if there's a dip over the weekend you might be able to buy at a nice price before then.

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This news might be helping prop Ada up today.

Also, I’m very excited about Ada/cardano, but if I’m posting about it to the point it’s annoying, feel free to say haha. I’ll try to calm my posting down.

On twitter I always see a ton of comments from people tagging coinbase to get ada listed to the exchange. I think when it eventually does get listed it will see a nice bump in price and ownership. I'm guessing Ada will get listed after it becomes 100% decentralized. But that's just a guess.

When you want to buy the dip, but your favorite crypto didn't get the dip memo like the rest:

crypto (resized).JPG

I was hoping to add to my Ada bag this weekend, but the price keeps rising on me. I might still add a little bit.

I wouldn’t mind picking up some hbar, but it’s not on the exchange I use and I don’t want to sign up for another exchange just for it.

What’s everyone’s thoughts on ripple/ xrp? Worth owning a bit?

This is what I use with my ledger to stake my cardano.

Does anyone here own some singularityNET AGI? It’s one I think would be good to buy into, but I’d have to sign up for another exchange (likely binance).

Ada is down a bit more today. I'm not buying at the moment, though I am happily still holding. I will buy more if it dips below $1 though. I like the idea of holding, staking and then forgetting about it for a while.

12% staking is impressive! I'll have to read up on that.

I fibbed. I just bought more at 1.06. Will be interesting to see how low it goes before rebounding.

https://www.google.ca/amp/s/www.coindesk.com/ethereum-improvement-proposal-1559-london-hard-fork%3famp=1

I’m quite new to crypto, but am curious what everyone thinks of this for ethereum. Does it solve their high transaction fees? Will it be catastrophic for miners? I’m just trying to understand if this is a big deal, if it’s a large positive move for ether, or if it is too early to tell how this affects things.

Edit: sounds like transaction fees will stay around the same, this just offers the ability to have more of a clear, set transaction cost. But miners will lose a lot of profit when this comes into play.

If the miners are set to lose a fair bit of profit, and they move to mining other crypto in place of ethereum, will that have much of an effect on ethereum? I would think that it would, but I don’t know much about the mining aspect.

That’s why I keep hoping for coinbase to list Ada. But for all I know that could be tomorrow, or two years from now.

I'm guessing its to do with the stimulus package getting passed. That should result in new funds flowing into crypto, while also slightly hurting the existing US dollar's value.

I still think its an ok price to buy at. I'm doing small bi-weekly buys at this point.
I think on March 18th, Charles Hoskinson will deliver some more news about Cardano's Africa/Ethiopia deal, and that will generate some positive buzz for Ada. I'm quite green to crypto though, and March has been a pretty flat month so far, so who knows what direction Ada will actually go over the next while.

I too think that by the next bitcoin halving, Ada will have really established itself nicely. I'm trying not to get too overly bullish on it, as I feel alt coins are still a bit of a horse race type bet. But Ada is definitely the one I have my bets on.

I've been watching hbar and agi as well for about a month, and I wish the exchange I use carried them. I think they will continue to do well too.

Seems to be a decent day for buying most crypto.

I have no idea which way this will continue to go, so I have been buying in very small increments. I just bought 115 ada at 1.03. Those buys seem to scratch the itch, while still leaving me funds if it takes a big swing down. I too think that for Ada, once the stimulus money hits, and Charles unveils more about the Ethiopia deal on the 18/19, we should see a positive movement for Ada. but I could easily be wrong on that.

This is why forum conversations are great. I hadn’t realized that they adjusted the cutoff of the stimulus. That could be a decent game changer in how much of it goes into crypto. Thanks for sharing that info.

I bought some more at 1.00. It’s back to 1.07, at least for now.
I should add that like many other here, I plan on holding for another Bitcoin halving or two, so I’m not too worried with ada’s current swings

I only own Ada at this time, but I believe Bitcoin is still the top dog now, and will be for quite some time.
But to me they’re very different coins, on pretty much every aspect. Bitcoin is a store of value to me, and one that rises in value on a consistent basis. It has low market cap, so it’s value can rise to a very high level per coin. It has already shown to be the first crypto to be accepted by institutes, which is huge.
Ada is a Swiss Army knife of a coin, or will be at least once it’s fully developed. It can be used for hundreds of purposes. It has a high market cap, but it more so needs one for many of its future functions.
To me, Bitcoin is the now, and both are the future. both coins do very different things, and I fully expect both to be very important to crypto in the future.

I’ve really enjoyed using NDAX as well. My only small complaint is that they don’t have a ton of different coins available, but apparently that’s something they’re working on expanding soon. They do have Ada though, and that’s mostly what I was just after anyway.

Looks like rumors of a potential ban on cryptocurrencies in India caused a bit of a price drop across most coins last night, though most are already rebounding back again.

Looks like its starting to turn into a green day for most crypto now.
I believe I read that they're estimating anywhere from 24-40 billion dollars from the stimulus checks could be put into Crypto soon. I believe total stimulus amount is something crazy like 380 billion.

I can see that view too. Maybe it will be a mix of flakey and long term holders. We’ll see I guess.
Hopefully I don’t jinx it, but cardano is up to 1.20. I bought a bit more last night at 1.02.

That will be huge if true. But it’s been teased and rumoured for a while. Is it official now?

Rad!
I’m very green to crypto though, so now I need to go research what’s the difference between coinbase and coinbase pro. Still, seems like an awesome step forward.

If it’s on coinbase pro, that’s a good sign of it eventually coming to coinbase too though isn’t it? Hopefully sooner than later.

Cardano has held its price jump from yesterday, so that strength is nice to see.

I noticed this morning that LINK had a nice jump too last night. Looking at it, I think its because of this:
Grayscale Investments is offering new trusts to invest specifically in five different cryptocurrencies
$BAT $LINK $MANA $FIL $LPT

Wowza! Nicely done!

Its turning out to be a decently green day across the board.

It’s always fun to guess. I think at some point tomorrow we’ll hit 1.72 US
That might be a bit bullish, even though I think the coinbase pro listing will be huge. I think that, along with Charles hoskinson’s presentation at the blockchain Africa conference, will be a one-two combo that really gets people fired up on Ada. I think his presentation is pretty late into the night though, so maybe the effects of that don’t hit until Friday.

If the first five minutes is any indication, my prediction is going to be a little off haha.
I'm guessing this is a case of "buy the rumour and sell the news" currently for some.

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I think it was just such a huge hype going in (about 40% over the past two days wasn't it?) that it resulted in some big sell-offs. I'm not too worried, I feel like it will correct itself nicely in the long run. But yeah, my 1.72 guess is looking very bullish at this point in the day haha.

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With how fast and straight down the drops were, to me it looks like whales selling mass amounts at once. Which is kind of healthy for the long run. Ada sat at .02-.03 cents for so long, some people with good foresight accumulated very large bags of it. Not sure if they sold large amounts just to take profit, or if the timing suggests they wanted to negate the coinbase pro listing effect and keep the price down, or what.
I hold the view that Cardano is still in the very early stages of showing what it can do as a blockchain, so I'm happily holding for now. I want to say I'll hold for two more bitcoin halvings, but realistically lets aim for one and see where we go after that.

Looks like Ada was just quietly added to Coinbase too. So now its on Coinbase and Coinbase pro.

How's everyone feeling this week?
My buying of Ada has slowed down, though I still plan on buying biweekly, or if it goes under 1.10 again. I've started receiving my rewards for staking, so I'm getting about 5 free ada an epoch now, or about an Ada a day. Can't complain about that!

Was there an event or news that caused Bitcoin to drop? Cardano followed it a bit I noticed, as well as a few other alt coins

I have a feeling we are going to at least see a bit of decent sized dip over the next few days. But I’m just going to hold my bags and try not to check prices too often. If it drops a fair bit, I’ll be adding to my bags, not selling. Or at least that’s my game plan for now haha.

I think as mentioned a few posts up, that it’s mostly due to fear around Friday’s Bitcoin futures expiring. I believe it’s mostly that and March being a historically rough month for crypto. But I could be missing something else.
Also, it’s been fairly quiet on the news front, and the hypes died down a bit. But if the right institutions announce they’ve bought in, it could cause things to turn positive again quickly. I do feel that more institutions are quietly buying this month.

I was expecting a more vicious end to the week (and may still get it) with cardano, but it surprisingly jumped to 1.28 this morning, and is currently holding around the 1.22 mark. There was the cardano 360 event yesterday, so maybe that has people hyped. And usually cardano does ok overnight here, as it seems to have a lot of support in Asia.

https://news.bitcoin.com/over-6b-in-bitcoin-options-set-to-expire-today-april-contracts-show-bets-for-80k-per-btc/

I don’t understand futures too well yet, but it looks like the outlook for April is pretty promising/positive

I agree. Again, anything can happen, but I think there’s just too much support for it now to see swings like that. Institutions are buying at a huge rate, wether publicly announced or not. I think a lot were buying this month. Maybe I’m mistaken though.

I saw this too. Ive debated buying dot before but have never pulled the trigger. Has there been an announcement or news to explain this value rise? Or is it simply getting some of its owed dues?

XRP sure had a decent day. I don’t own any, but congrats to those of you who do!

Ada/cardano is definitely a long term play, but I’m still happily holding it. It’s Ethiopia deal should be announced relatively soon, and smart contracts are around the corner. It’s not able to steal many Ether based users just yet, though a few have already announced they are switching over when they can. Though when smart contracts do become live this summer, I think we’ll see a fair bit of traffic jump over then. So for now I’m just holding and staking, but by the fall I think we’ll have seen a nice price increase. And by the next Bitcoin halving, that’s when I think having bought cardano now will have really paid off.

I’m assuming everyone in here is sleeping soundly tonight! Crypto is having a good day! For me I’m pumped to see Ada currently at 1.52us

Hit 1.55, now currently at 1.35.
What a rollercoaster of a ride this year has been so far lol.

Doge is going nuts!

I fully agree. I think a lot of new people are buying it on hype and how cheap it is. But when it crashes, a lot of people are going to be left holding bags of it. And then will look at crypto as a whole as a scam, not just doge.

I fully agree. I feel if people are playing with a smaller amount in doge, like a couple hundred bucks or less, then its pretty harmless fun. But I'm betting that quite a decent percentage of those buying doge don't realize it has an infinite supply and just how big of a factor that is.

I had a buddy text me yesterday and ask me how many legit coins there are out there like Doge and Bitcoin, and how many are scams. I didn't know how to respond back lol.

I bought more Ada at 1.16. Let’s see where this goes. A Saturday night dip across several coins makes me think it should recover a bit at least by Monday.

After I saw the huge drop, I bought some Ada and then went to Twitter and pinside to see if anyone had posted an explanation as to what was happening.
I had remembered you talking about transferring some to an exchange in preparation to take some profit, so I went back a page on this thread to reread your post, with fingers crossed that you had. Sorry to hear it didn’t quite happen. But with how fast it dropped, and how it’s already recovered a bit, it’s always possible we’ll see a decent recovery this week for you to then pull a bit out.

Thanks for sharing. I had read a few reasons for the sudden drop, but this one seems the most logical/supported.

Less than a full day later, my ada purchase has gone from 1.16 to 1.32 currently. Nothing crazy, but I’ll happily take it.

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This could be a very big event for Cardano/Ada, and possibly crypto as a whole. I'm very excited for this. Only downside is they're making us wait until next Thursday haha.

I’m still too green to this to be really predicting much, but I think today’s price drops are more attributable to the potential capital gains tax hike that might get proposed, as opposed to people losing interest in crypto.

Buckle up buckaroos! Lol.

Edit: I did get some Ada for a pretty nice price. Well, nice at this time at least. I’ll look again in the morning to see how it’s looking then.

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I bought Ada last night, and am hoping to buy a bit more again soon. I will watch things today, though it seems late Saturday night is the best time to buy, after watching things the last month or so. I'm a little over 9000 ada at this time, and wouldn't mind adding a bit more before next weeks Africa special, as well as the upcoming smart contracts. If I was a betting man I would bet prices hold their current line today, but Fridays tend to be a sell off day usually anyway, so we might still see a bit more of a price drop. My bet is that next week things get a bit better. And if they drop off a cliff, I'll sell a pin and buy a ton more ada to average the price down.

and isn't one of the strengths of crypto that it isn't tied to one nation's choices? So it really shouldn't affect crypto much at all? Maybe I am missing something.

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I think this is an awesome accomplishment that helps legitimize crypto as a whole to the general public.

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When does Eth2.0 roll out again? I remember hearing that the miners weren't happy with the coming changes, but I haven't heard much about that since the announcement.

https://www.coindesk.com/proposed-legislation-in-germany-could-allow-425b-to-flow-into-crypto-report

kudos to everyone who's riding the doge train. I just never could see the value in it, but I'm wishing now that I YOLO'd some money into it when I first got started. I don't think it will last long term, but in the short term, some people are going to make some nice profit.

I should add that I'm happily still holding and staking ADA. It's been consolidating for a few weeks now, so I think its lost some appeal to the more swing trading type. I plan to hold for at least 4 years though, so I'm fine with whatever it does (or doesn't do) in the short term. I do think in August when smart contracts are fully up and running and the erc20 converter is fully going, then Cardano will see a nice jump again in value, hype and useage.

I think the folks who are buying now will be the ones left holding the bag when it drops. Though I've thought that its entire rise, so apparently I know very little lol.
If I had to make a guess, I'm betting the people pumping/hyping it will take big profits right before or after Elon Musk's SNL appearance, when doge fever will be really high. Or maybe it lasts longer than that as the bull run continues. I can't see it holding these price heights long term though, there's just too many new coins minted at too fast a rate.

I'm still learning about crypto, but the capabilities and functions of some of these blockchains, both currently and what they hope to achieve in the future, is really amazing. I think blockchains will play a massive role in the future, in so many ways that we don't even realize yet.