Connect with us


Cardano (ADA): Consider this advice and you probably won’t go wrong




With everything going on in the cryptocurrency world, it is still fair to say, always, even if in the worst times there are still the best and the worst ones (the coins) when ranked. Cardano (ADA) is one of the cryptocurrencies and as the cryptocurrency reversal continued it has stood out to be one of the worst performers together with NEO.

The recent ranking by CoinMarketCap shows Cardano at -4.27% vs the US dollar. That is not bad as it is ahead of NEO (best in the worst ranking list). When looking at the overall picture, however, for ADA it is not something to scratch the head about although it affects its short-term standing.

When looking at the past two days, Cardano was doing well (recorded a +19 price jump) but today’s reversal has just overshadowed everything. Generally, all the coins are dropping and whenever you see Bitcoin dropping, it simply sweeps across the altcoins. However, we can argue that for Cardano it could be due to the news in the home region.

First, the financial struggle going on with the JFSA could have caused panic among the investors and secondly, the AML regulations issue in South Korea as well might have had negative implications for the investor spirits.

Ideally, the performance of Cardano is weighing down especially after that in the past two days. You will be excused if you asked politely what exactly is happening to ADA.

But if you think all is in flames, here is a great advice

Ethereum co-founder, who as well co-founded IOHK Cardano, Charles Hoskinson, has got some advice about cryptocurrency investing and maybe it is the kind of advice you need at the moment as the prices sink into the red.

Speaking to BlockchainNewsKorea, Hoskinson had a message to all viewers and according to him whenever there is great new technology emerging the feeling is of doing something right away. Hoskinson also believes that the current happenings have nothing to prevent investors getting into cryptocurrency.

In fact, he doesn’t see a specific time to get into cryptocurrency, the reason being he sees plenty of opportunities being always there, either today, tomorrow, two or three years from now. To mean if you fail to make it now, still, you can do it big with the cryptocurrency later (the earlier the better as in any case, though).

Now, Charles sums it with some internet analogy that “you can’t have it all whenever you need it.”

He says the internet is old enough but still can start a business now and become a billionaire. Therefore, it is not true that if you didn’t start when it started you won’t have the next Amazon.

This takes us back to our start that for now, Cardano (ADA) is doing worse but then comes Hoskinson’s advice (which you can’t go wrong with). So do you see Cardano ranking just above or say just below bitcoin in some years to come?

Only time will tell, after all, it is a worthy piece of advice, isn’t it?

We will be updating our subscribers as soon as we know more. For the latest on ADA, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Jeremy Lelievre via Flickr


Investors Beware: Another Large Bitcoin Crash Might Be Coming



Bitcoin crash

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

Continue Reading


Top 3 Coins to Buy Before They Go Big




Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.


Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading


Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?



crypto credit cards

It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

Continue Reading