Nice! There are some awesome gains to be had in the altcoins. I hold a few myself. Though they are significantly riskier.

It's just that every hype cycle we get some new guys here who say their favorite coin is going to be some absurd price soon so everyone should pile in at the ATH. Last time it was "Buy XVG at 20 cents, $20 soon!!!"

traders are funny...

Anyone here heard of Cypherium(CPH)?. It is looking to become a big player in the cbdc(central bank digital currency) field. I bought in public sale and have been waiting for it to launch on exchanges. Definitely worth looking into If CBDC's take off, we are talking trillions upon trillions of dollars of potential in that market. Would just need a small slice of that to moon.

I believe 55-60m coins will be distributed at launch X .25(last sale price)= ~15 million usd initial market cap. Presale and public sale investors have 6 months vesting of their tokens with 10-20% of tokens released each month to avoid any huge dumps from whales to keep the price stable. This project has been in development for 3 years and has some great partnerships developed with the likes of Randstad, IBM, Microsoft and more. I think this is going to do very well long term. Definitely a buy and hold once it hits exchanges.

ADA done it!!

$1.06

still under valued...

lol I put ~$25k in this over 3 years ago when the strategy was basically fire at every ICO you can and pray.

CANNOT BELIEVE I'm still stuck in this god damn coin, deadline after deadline missed, no end in sight. Sure there's some promising stuff there and if ever releases it should be a good return but it's been a nightmare tbh.

Yes, I should have held ADA, such a great coin.

I sold at 90 cents, bought under 40 cents.

Let's hope the bull run in everything continues!

Wow you got in at 6c? Congrats. Don't worry you will be rewarded big time. The tech is really good with this one. Not some random ****coin. But yea i'm on their telegram and everyone is losing their minds lol. Sky Guo is a great mind but his social skills are terrible

edit: there is some iou trading on mxc right now. I'm sure it will hit at least a dollar in first week of trading on exchanges. That's 16x your investment for 4 years. Incredible return. I'm just gonna hodl

Cardano is a 3-5 year timeline... get in now if you can. ADA will bloom in the next market cycle, but if we're in a super cycle (which we are) the idea of a well defined cyclic measure will be distorted.

For the ADA fans - ETH, DOT, BSC all have working projects right now. In 5 years time when ADA *might* finally ready, what on earth makes you think everyone is going to just jump over from those protocols?

Because it's not going to be ready in 5 years, it's going to be ready by next month.
Gogan era will support smart contracts, with dnatags basically you can easily just "copy and paste" any project from ethereum to Cardano. Also by the end of March Cardano will be the first 100% decentralized blockchain in the world.

Will see .. anything can happen

What does this even mean

In Hoskinson words... Cardano will be 100 times more decentralized than bitcoin when phase 2 is completed

Ah ok, so just lol Charles. He's quite an interesting character.

What do you think of ADA housenuts? As an outsider with no idea about all the drama, it peaked my interest, it seems charle has quite the reputation with experienced crypto players.

3-5 years IS NOT a working timeline... it's a valuation timeline. ADA's price peak will be next cycle... if there is a next cycle.

what is it going to take to get everyone over to Cardano? Hoskinson doesn't care about the piddle stuff going on right now... he is MORE INTERESTED in enterprise scale solutions and nation states.

If that's not enough for you flavor of the week gen'ers... his protocol is faster, cheaper, scales easier and... SUPPORTS Ethereum dapps.

I don't have any ADA.

Can someone smarter than me tell me if Fantom (FTM) is legit good or if they are just good at marketing? Or both?

Lotta kimchi premium on that one

I think ADA is one of the worst buys out there right now. If you made money on it, congrats, hope you're taking some profit into btc/eth/dollars.

Curious why you think it's bad. I have a sizeable stack right now that has grown to 10% of my portfolio. BTC is still 70%, eth 15%. Rest is DOT and some defi stuff.

I like the staking rewards and still feel there's a ton of potential this year with all the updates they are rolling out.

The Cardano community is very strong as well and different from most crypto communities.

I may sell at some point, or start selling off my rewards back to BTC, but I'm not seeing a reason to just yet. Happy to hear why it's a sell.

"Staking rewards" in the same token are illusory.

Currently it's at ~18% the market cap of ethereum with .00001% of the traction. It is puffed up by a lot of marketing fluff, low IQ promoters, and big claims about the future, but we're several years in and they still don't have smart contracts. There's really no smart $ in Cardano except some people who got a sweetheart deal a long time ago and still have bags. A lot of the "outperformance" is just beta/lack of liquidity which can get very ugly in the other direction. It also has to compete with not just ethereum, but all the other EK's which have far more traction than it: Cosmos, Polkadot, Solana, NEAR, Dfinity coming soon, many others.

Don't get attached to your bags just because you made money on them. Path memory is a leak. Ask yourself, if you were sitting in 100% cash and allocating to a portfolio now, would you take a 10% ADA position? If you still answer yes, I think you have been duped by marketing and you and your money will soon be parted.

twoshae ( touché ) tought on SFI/ftt ?

I have an SFI bag

I don't have a position in either right now.

I think tranched-risk products are an important primitive and the Saffron team has shown great ability through some hard times (epoch 1 anyone?). I've previously had a position but with emphasis on farming (carry) and near-term deltas I don't feel the need to have one now. Would be sort of indifferent to being long vs flat. The absolute smartest ethereum/defi guy I know is currently long though if that makes you feel better. Interested to see where it goes and it's on my radar to re-establish a position if anything changes.

As for FTT, there are good arguments to be made that several exchange tokens are underpriced, but if you think crypto has regulatory risk, tokens like FTT are the pinnacle of that. Sam/Alameda do a lot of slimy things that attract regulator attention (including market making on their own exchange, which isn't allowed in TradFi, and financial engineering ****ery to fill their pockets with SRM and others). With that said FTX is obviously doing well and I understand the long thesis there. As an american have very poor liquidity for tokens like that (without having to use OTC) so I never really consider it, and I can't really use it to farm much either so it's just not congruent with my strategy/situation.