Glad to be apart of the cardano community, got into Cardano about a month back, fell in love with the ecosystem and the project. Even as a newbie I figured out the staking ASAP and will continue adding my ADA to it every week. I have found myself focusing on ADA and doing it long term I dont see selling ADA as an option once I have ADA that’s my currency to hold and save , or stake in a delegation.
I like how you broke down the portfolio allocations. I have been interested in swing trading myself. The allocations that you have seem very reasonable. I think I may take the plunge starting today. Thanks Dan.
Thank you Dan. My intention is basically staking. If I can stake 100k ADA I could damn near live off that (once it achieves a higher price point:-) ). As a complete newbie to crypto I purchased my ADA on Etoro, which I only subsequently discovered is not moveable off their platform. It cannot be moved into any wallet, including their own. Thus it cannot be staked. In order to stake, the ADA must be sold, a different coin purchased which they do allow to be moved (such as BTC or ETH), then moved elsewhere to be converted back to ADA, then to a wallet, then to a staking pool. I’m not inclined to sell the ADA at the moment given its volatility, and also not being clear on just how long this whole process might take. Further, I am not presently with any other exchange at the moment (I’m a US citizen) though I’ve been on waiting lists for weeks now (“we’re processing your request and reviewing your credentials for approval”) with Voyager and Binance.US. Thought I would ask if you might have any suggestions on navigating this process.
Thanks for your informative videos, much appreciated, huge learning curve here. Cheers, Steve
Glad to be apart of the cardano community, got into Cardano about a month back, fell in love with the ecosystem and the project. Even as a newbie I figured out the staking ASAP and will continue adding my ADA to it every week. I have found myself focusing on ADA and doing it long term I dont see selling ADA as an option once I have ADA that’s my currency to hold and save , or stake in a delegation.
This is great dan! Amazing work! Will be staking with you and happy to be reading this regularly!
Thank you for the positive feedback and for your support!!!
I like how you broke down the portfolio allocations. I have been interested in swing trading myself. The allocations that you have seem very reasonable. I think I may take the plunge starting today. Thanks Dan.
Thank you Dan. My intention is basically staking. If I can stake 100k ADA I could damn near live off that (once it achieves a higher price point:-) ). As a complete newbie to crypto I purchased my ADA on Etoro, which I only subsequently discovered is not moveable off their platform. It cannot be moved into any wallet, including their own. Thus it cannot be staked. In order to stake, the ADA must be sold, a different coin purchased which they do allow to be moved (such as BTC or ETH), then moved elsewhere to be converted back to ADA, then to a wallet, then to a staking pool. I’m not inclined to sell the ADA at the moment given its volatility, and also not being clear on just how long this whole process might take. Further, I am not presently with any other exchange at the moment (I’m a US citizen) though I’ve been on waiting lists for weeks now (“we’re processing your request and reviewing your credentials for approval”) with Voyager and Binance.US. Thought I would ask if you might have any suggestions on navigating this process.
Thanks for your informative videos, much appreciated, huge learning curve here. Cheers, Steve
Thanks for your support! Check out all of the markets that are available and find an exchange you trust. Recommend one with high volume. https://www.coingecko.com/en/coins/cardano#markets
Thanks DAN 👏👏
My pleasure!
Great article. Thanks for the newsletter and for the content on Twitter.
Thanks, Christopher! Glad you liked it.