Cardano Dan's Newsletter - Issue #10
March 13th, 2021 - Weekly recap and look ahead
Welcome to the quick-hitting newsletter about Cardano, Crypto Trading, Blockchain, Monetary Policy, & Data Privacy.
Weekly recaps are all pressing pause and taking stock of where we’ve been and where we’re going. If you enjoy it, please share it with others when you get to the end!
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Quote of the Day
“If we had no winter, the spring would not be so pleasant: if we did not sometimes taste of adversity, prosperity would not be so welcome."
― Anne Bradstreet
Many people reading this newsletter are experiencing the first glimmers of spring weather. It’s glorious.
Everyone reading this newsletter is experiencing the full blown spring of a crypto bull run after a long, dark crypto winter. Here is to spring and all of the prosperity it brings!
Key Takeaways from the Past Week
Monday - Targets are part of any good plan
I shared the reasons why targets are an important part of crypto investment planning and shared my first target for Cardano ADA this bull cycle. If you missed this one, check it out here.
Wednesday - Keep your friends close and your enemies closer
We talked about friends and enemies and how, even though you likely prefer friends, you can’t always avoid enemies.
Also touched base on potential partnerships between Cardano and Polkadot and an upcoming Ethereum fork known as “London.”
Friday - Sustainability is getting more attention and that's good for Cardano
Sustainability is getting more focus and attention by the day. Some NFT artists are even cancelling sales because of the perceived energy use associated with NFT transactions.
All of this attention and concern is great for Cardano. We covered all of this and more yesterday.
Look Ahead
Next week we’re going to cover some ground on monetary policy, talk about why we’re in the middle of massive paradigm shifts, and what that means for all of us moving forward.
You won’t want to miss it.
Analysis
We’re in the midst of a BIG. GREEN. DAY. Why did I share this tweet yesterday when Cardano ADA had just broken below $1?
Stimulus checks are about to hit checking accounts and they will inevitably flow in significant percentages into crypto.
Saturdays are generally dark green days.
Cardano ADA saw a significant pullback recently including (1) reaching oversold on the 4 hour timeframe (2) resting on top of key support in the Bitcoin and Ethereum pairs.
As you know, Cardano has not disappointed and today has been a BIG GREEN DAY.
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This newsletter is for entertainment and educational purposes. I’m not a financial advisor and you should do your own research and consult a financial advisor before investing in cryptocurrencies
Love this newsletter. Great work.
Spot on update and with was good to see green all day today !