People don’t seem to care about the utility of cardano and sell it AS SOON as it grows. So many cryptos are constantly hitting all time highs, but cardano only has near events. Cardano is apparently a candidate for dominance in the future is the rhetoric, but it goes nowhere. Also, every country in the world could use cardano but these uses aren’t going to drive up the actual price, they’re using the blockchain behind it, not buying and holding ADA.
Am I wrong about this? Is the price just about to finally hit and STAY at $2? Why is DOGE, among others actually making it, yet cardano is failing. People see potential elsewhere, not here.. I am thinking of turning my back on cardano soon if nothing happens. ADA holders also say so much conflicting stuff. Like ‘we believe in the vision,’ or ‘price doesn’t matter’(wtf yes it does matter, that’s why it has a value assigned to it and people INVEST in it.) or ‘when he upgrade comes..’ where other coins don’t even need this and they’re succeeding
It seems like ADA holders get surprised if it ever moves 5 percent in a day and they sell it back down to he fires of hell. ADA holders are even somehow still convinced its value should be tied to bitcoin, when it rises or falls. I think it’s likely the case that ADA holders don’t really believe its future and just want others to believe to give it value. So if they don’t believe it is going to grow, and won’t let it than why should I? Someone change my mind or tell me if I am missing something. It sucks watching coins like doge outperform ADA and have more confidence for future growth than ADA.
And don’t just say if you don’t like it then go ahead and sell, come up with a solid reason you are in it for the long term. Because why else would you hold Ada if you thought something else had more potential to grow.
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