Is there a chance that the value of Cardano could drop to 0?

8 июн. 2022 г.

ALL cryptocurrencies can drop to a value of zero or very near zero. This has already happened before and will keep happening.

They are NOT commodities with real world use or shares in a productive business. There is no backstop to their price. The price is purely based on what others are willing to pay for it.

I would advise STRONGLY against “HODLING” any cryptocurrencies, with a special emphasis on altcoins. This is not a wise long-term investment.


previous analysis:

Pump the idea for more trading ideas.

11 июн. 2022 г.

Заметка

Highly likely it will go to near zero if not zero.

11 июн. 2022 г.

Заметка

Once the time comes I will be buying this and bunch of other shitcoins, once the fed pivots. It will be probably around September this year .

13 июн. 2022 г.

Заметка

to zero