I sold a couple thousand at 2.53 thinking it would have a small pull back before moving up again. I was wrong. Thankfully that was only around 25% of my position but the decision still cost me around $750. Waiting for a dip to put it back in.

:(

I own almost no Cardano. Should have got a ton a month ago once I heard some news. But too lazy. Have to find my wallet, sign on my wallet, then mess with an exchange. Yawn.

I feel like it's not done yet, and the thing is, if Bitcoin can continue its current bull run strong and break back over 60k again then Cardano will continue as well into the $3.50 range

ADA is available in Japan starting tomorrow.

That is a good thing, right?

What’s the difference between ADA USD, ADA BTC, and ADA USDC?

Amp is up again today. This will be the next to triple by the end of the year.

Also, what’s the difference between fiat, stable coin and crypto markets?

Thanks in advance


Edit: a google search gave me the basic differences, I want more experienced users to give me some layman explanation of why they use one over the other, ie usefulness and costs. Ease to put back in my bank and use traditionally. Etc

Comparing the price of ADA vs those others. USD is US Dollars, BTC is Bitcoin, USDC is a stable coin for US dollars. So if you look at ADA BTC you can see how ADA is performing compared to Bitcoin.

But the ADA usd is on fiat market, supported by the good ‘ol us gov
The ada usdc is on the stable coin market, backed by physical investments
The ada btc is on crypto market. Backed only by the crypto currency EDIT. I see now it’s a way to convert btc to ada

Iirc. And from my limited understanding. I saw prices are on a downward side so I’m going to go back and try to decide my by in prices for one of these

I get the feelings the fiat and stable coin are newer but possibly more “secure”

USDC and USDT should pretty much always match up to USD because it should be a 1 to 1 relationship. However, there has been more and more talk about the US govt looking to target stable coins because they effectively don't want a stable coin for the US dollar that isn't controlled by them. I have no idea where all of that will go and I've sort of avoided using them just for that reason but you can gain pretty high interest by borrowing out USDC or USDT in certain places as mentioned a few pages back in this thread.

So how do you take profit when coins are ATH?

2nd, do you use stop orders when prices are dropping?

1. Sell
2. Yes. I will have quite a few when/if ADA hits $3.50.

My brother just got a Voyager account and wants to invest. Where should he start? Cardano?

So cardano is at ATH (2.80) but the talking heads say it should go to $5-$10 by year end.