Cardano Dan's Newsletter - Issue #98
Go Far
Quote of the Day
“Speak softly and carry a big stick; you will go far.”
― Theodore Roosevelt
This is great advice and some people really need to take it to heart. They speak loudly and carry a small stick. Or in other cases, they used to have the big stick, but now their big stick is dwarfed by an even bigger stick making theirs useless.
The point is, don’t overstate your position or understate someone else’s. Understate your position and then be ready to exceed the expectations you’ve established.
Under-promise and overdeliver and equip yourself with a big stick to defend your position if necessary.
In The News
There is an absolute tragedy unfolding in Afghanistan as the Taliban fills the void left by US forces after their withdraw. There are so many different aspects of the tragedy and reasons for it, but it doesn’t make it any less tragic.
The situation reminds me of this passage from the Bible. I am praying for the people of Afghanistan and for everyone connected to Afghanistan that has sacrificed years of their lives and even family members for this country.
Walmart is hiring a “Digital Currency and Cryptocurrency Product Lead” to shape the company’s strategy and vision for incorporating the new technology into their business model.
Before long, every major company will do the same.
Cardano Updates
Cardano oppositionists are living inside their own echo chambers and starting to get saltier by the minute.
@thepizzaknight_ @AndrewSteinwold Not true. I spoke to twenty of the smartest people I know in the space, and zero of them saw cardano having traction with devs.Cardano is once again the #3 cryptocurrency by market cap, even before smart contracts are released! You would think that would make some of these people feel silly in their continued criticisms of the project, but they just keep doubling down.
NFTs are going mainstream. Volume is increasing and interest is expanding in really big ways.
We are seeing this increasing interest in the projects we are partnering with. Trybbles Drop 2 sold out in less than 9 hours yesterday! The secondary market looks really great for owners. Trybbles sold for 25 ADA and the floor prices for the most common Trybbles on CNFT.io are above that price.
Overnight, this rare Trybble sold for 300 ADA. For context, there are also super-rare and ultra-rare Trybbles, so this isn’t anywhere close to the ceiling.
Stay tuned for Drop 3 coming soon!
Sold for 300 ADA in last 24 hours
Technical Analysis / Price Discussion
My most popular newsletter ever announced my first target for this bull run as $3.90.
After the weekly close yesterday, Cardano ADA was only an 80% move from that 1st target. I’m still feeling very good about it. Heck, last week alone ADA saw a 55% gain IN A WEEK!
I’ll share my next target as we get closer to this $3.90. I think we’re in for some continued fun! That doesn’t mean it will happen right away. As a reminder, please do not use my analysis for short-term trading and none of it is financial advice.
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.