My Best Investment Of The Month - Cardano

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Cardano(ADA) has seen some crazy gains over the past couple of days. Recently they updated their roadmap and announced the date for the release of much-awaited "Shelley". Cardano has been one of my favorite altcoins but they team behind it has been guilty of working very slowly. Although they justified this by saying that they want their products to be perfect before they release them but still, I think they took too much time.

Anyway, the good thing is that they have finally announced the Shelley hardfork date which is scheduled to take place on the 29th of July. Finally, the development is picking up some pace at Cardano Foundation and it is really exciting to see. Cardano has already surpassed Tezos in the total marketcap and is looking set to challenge EOS. There are still two months left in the release of Shelley and I believe that the price will keep growing until then and I won't be surprised if Cardano even surpasses Binance coin in marketcap as it has the potential to do so.

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I had invested a few dollars in Cardano way back in 2017 but since the crash happened and Cardano started losing value, I sold it. However, I had thought of buying it back at the right moment. I had heard that they will be releasing Shelley in the 2nd quarter of this year and I thought that it will the right time to invest some money into Cardano.

I bought some coins when the price was around 5 cents and now the price is over 8 cents and still going up. I must say that it was my investment of the year so far as I always end up screwing when it comes to trading or investing. Cardano is up nearly 70% since the start of this month and I think that next month is going to be more exciting.

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4 comments
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Crypto investing have never been my best part sometimes I prefer investing in shares or stock rather

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Yeah, given the risk involved, it is totally understandable.

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Congratulations. Excellent, a few days ago I made a good profit with ADA too. The best of the crypto market for this year is yet to come. I hope to see more post like this from you. Greetings from Caracas - Venezuela.

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The best of the crypto market for this year is yet to come.

That's what I think as well.

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