Based in my opinion, I see that Cardano it's into this consolidation, but if you want, you can to hold Cardano, still with this long position (but you will need to hope a large time until Cardano break up the $1.85 USD. But, I thinking to check out the ratios of ADA/BTC or ADA/ETH if it
s the time for Bitcoin.
I learn in this year when Cardano make consolidation, then ADA/BTC loss value. That mean, that Cardano loss value in front of Bitcoin when Bitcoin up and Cardano still in this consolidation. But, I decice to find up another trade in others cryptocurrencies.
Example: If you see the difference the ADA/USD may be consolidated, but if you look the ADA/BTC or ADA/ETH, then Bitcoin or Ethereum could to earn value. This it's very good, because when you sold your ADA to BTC, you conserve your Bitcoin power when ADA loss in front in Bitcoin, and you can to use your Bitcoin power to buy more cheap the ADA/BTC ratio, and included more ADA coins when you comapare the ratios like a professional.
So, at the moment, I decide to closed up my long position in ADA becuase it's look bored when ADA make this consolidation, but I hold Cardano coins. Now, I thinking to check out the Bitcoin and Ethereum ratio to compare with Cardano and look if Bitcoin it's more strong than Cardano when Bitcoin it's so near to break out inminent. Guys, if you found out that this strategy it's sound interesting. Please, get me a hand up, you can to comment below and share this information.
s the time for Bitcoin.
I learn in this year when Cardano make consolidation, then ADA/BTC loss value. That mean, that Cardano loss value in front of Bitcoin when Bitcoin up and Cardano still in this consolidation. But, I decice to find up another trade in others cryptocurrencies.
Example: If you see the difference the ADA/USD may be consolidated, but if you look the ADA/BTC or ADA/ETH, then Bitcoin or Ethereum could to earn value. This it's very good, because when you sold your ADA to BTC, you conserve your Bitcoin power when ADA loss in front in Bitcoin, and you can to use your Bitcoin power to buy more cheap the ADA/BTC ratio, and included more ADA coins when you comapare the ratios like a professional.
So, at the moment, I decide to closed up my long position in ADA becuase it's look bored when ADA make this consolidation, but I hold Cardano coins. Now, I thinking to check out the Bitcoin and Ethereum ratio to compare with Cardano and look if Bitcoin it's more strong than Cardano when Bitcoin it's so near to break out inminent. Guys, if you found out that this strategy it's sound interesting. Please, get me a hand up, you can to comment below and share this information.
