Cardano Dan's Newsletter - Issue #173
Few Wants
Quote of the Day
“Wealth consists not in having great possessions, but in having few wants.”
― Epictetus
Some people are very satisfied in life with far less money and far fewer possessions than others with much more.
Materialism is a great burden on a great many people. Our culture, technology and social media drive us to have a lot more than a “few wants.”
But many of us would be far better off if we would reevaluate what makes us really happy and wealthy. Since it’s a time of year when many people reevaluate what’s important, this is a helpful truth for me to consider today.
In The News
Twitter suspended the inventor of mRNA technology the day before he will appear on the Joe Rogan show. If COVID hasn’t taught you to question agendas and evaluate information on your own, nothing ever will.
Just 6.3% of Bitcoin’s supply is circulating on crypto exchanges. Not your keys, not your coins may become a real life lesson for some people very soon.
Cardano Updates
Want to know where Cardano is headed in 2022? I ran across this reddit post that does a great job explaining why I’m so bullish on Cardano’s prospects next year and beyond.
Information is really flowing now for Zombie Hunters! We’ve revealed a couple of Hunters and also that there are over 70 different Hunter weapons in the drop. Stay tuned for really big news on New Year’s Eve!
Technical Analysis / Price Discussion
Cardano ADA price action is in a really interesting spot. We saw a nice break above $1.50 followed by a hard break back down below.
We now get to see if ADA will establish a new lower low or a new higher high. It’s a pivotal moment in the markets.
ADA is still sitting on top of very high volume price action as indicated by the volume profile. There’s good reason to believe that a move higher is likely. Lots of very positive fundamental adoption is expected on Cardano in the coming weeks but macro-economic headwinds exist too.
I’ve very interested to see how ADA will close out the year and kick off 2022.
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.