Cardano Dan's Newsletter - Issue #44
Successful Decision-Making
Quote of the Day
“Truly successful decision-making relies on a balance between deliberate and instinctive thinking.”
― Malcolm Gladwell
Malcolm Gladwell is an author that writes phenomenal books with tremendous insights.
I love the quote above and I couldn’t agree more. When I consider the quote in light of my own Cardano story it is perfectly accurate.
I deliberately thought about Cardano ADA for a long time before I did anything about it. I researched it, thought about it, talked about it with others, researched it some more…
But there’s something beyond deliberate thinking for me when it comes to Cardano, I have a measure of instinctive thinking about the project that pulls me towards it.
So I started a Cardano Twitter account on New Year’s Day in 2019.
It was the result of both deliberate and instinctive thinking.
Since then, the balance of deliberate and instinctive decision-making related to Cardano has continued. I’ll think about something for a while, research it, do some deliberation mentally or with trusted advisors.
But I also have instinctive thoughts about the project too. And when my instincts are telling me something about a particular opportunity related to Cardano, I try to step back and listen to them.
This combination of deliberate and instinctive decision-making has served me very well. As a result, a number of very successful decisions related to Cardano have changed my life for the better in a LOT of ways.
One of those is the tremendous community of people, like you, that I get to interact with on a daily basis. Thank you for being so great!
By the way… I have this instinct that the positive impact of Cardano on my life and yours is just beginning.
In The News
Ethereum has been taking a LOT of heat lately. Here’s just a sampling.
#cardano moved $9.7 BILLION in transaction volume in the last 24 hours. #ethereum moved $24.81 BILLION. Fees: - $ETH charged users $88.99 MILLION. - $ADA charged users $18 THOUSAND. #cardano is 1,938 times more efficient. EIP-1559 won’t even come close to fixing this.
Cardano will definitely fix the fee problem. I can not wait for the release of smart contracts!!! SOON.
Ebay has jumped into the NFT market! This makes total sense to me and I’m honestly surprised that it took them this long.
Maybe they’ll be using our Cardano NFT Key Service to verify owners actually own their NFTs before allowing users to list them for sale… Don’t forget to vote for our proposal when Project Catalyst Fund 5 comes up for voting!
Cardano Updates
Cardano’s Reddit reached 400,000 subscribers! Check out this view of the growth! You’ve heard the saying, “A picture is worth a thousand words.” Yep. There is a massive amount of new interest in the project.
My Cardano Moon Man NFT sale has been a tremendous success!
On Sunday night, we introduced the Moon Man. Since then, we’ve unveiled a “misprint” batch that has rare misprint Moon Men. There will only be 500 of the “Moon Man Black & White Collection” and the available Moon Men are dwindling.
If you’d like your shot at a “misprint” make sure to get a Moon Man NFT before they’re gone!
Chris and I have some exciting ideas planned for our NFTs as it relates to our NFT Key Service. There’s some news about that too!
Technical Analysis
I shared the Cardano ADA / BTC chart earlier in the day
If you measure the move from the bottom to the top red line, that’s about a 35% move.
Now let’s assume BTC moves a little in the next week or two, but continues consolidation - i.e. it’s generally stable while Cardano is moving.
A 35% move in USDT would take us to $2.42 ADA. I think that’s possible and I think it’s possible in the near-term.
What do you think? Will we see $2.42 ADA soon? Tell me below!
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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.
Great newsletter Dan.
I thought I seen $2.65 as a mark. Still new to all of it, but…