In the video, I explore the striking similarities between Cardano’s recent price decline and Amazon’s historical stock crash during their respective bearish phases. Although I recognize the differences between the two companies and industries, I draw parallels between the sentiments, market behaviors, and long-term value considerations in both cases. By reflecting on Amazon’s past, where its stock plummeted over 90% before rebounding, I suggest that the worst of ADA’s price decline might be behind us. Emphasizing Cardano’s utility and potential for growth, I align its ecosystem development with Amazon’s historical innovations. Additionally, I discuss a letter by Jeff Bezos during Amazon’s crash, highlighting the importance of long-term value over short-term market fluctuations. I conclude by encouraging ADA holders to adopt a value investing perspective, considering Cardano’s long-term potential amid the current market challenges.
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41 Comments
Great stuff dan per usual
Still waiting for Cardano to reach 10 dollars as you said for years
You make gambling to a new another level
dan your extreme loyalty to cardano
is honorable but torturing everybody around you !
are you here to make money or what ?
dump your cardano and buy into something that's growing
Wasted two years in Ada.
How is Ada not already “built”. Been six years already.
I believe in the project , I’m accumulating, we would see the light at the end of the tunnel. Thanks for your support and sharing your knowledge. God bless all of us!!!
Had a coworker tell me to buy Solana over ADA. I laughed and said Solana keeps crashing when it gets overloaded with volume. He say it never crashed they shut it down on purpose because volume was too high. I'm still laughing. 😂
You look tired. Thank you for all you do to provide us information.
Can I buy ada from coinbase?
Amazing analysis as always Dan, appreciate your insight and hardwork for ADA ❤️
SBF and FTX manipulated ADA to suppress the price. Why we didn't get our 7.50 ADA.
Pls review ATOM. You promoted it heavily before
Binance stopped futures trading on ADA a few weeks back. I'm not sure why, but what I do know is that it will help stop liquidations from dfacts the ADA price when the entire market farts. That's bullish.
It's not a crypto winter it's a crypto blessing for those that have eyes to see and ears to hear and the wisdom ro know how to manage
Just because you can say words, doesn’t make it true. Congratulations sir, you lead your viewers to despair… yet again.
Way to pump your bags 😂
This is such an apt comparison right now. Crypto potato has an article right now with the headline "Cardano’s Transaction Volume up by 1,700% Since January Even as Market Flatlines." Tell me Ada isnt setting up for its next journey with metrics like this! Keep up the hard work Dan we really appreciate it!
I have no idea what will happen but it seems obvious that BTC will enter a bull market once the ETF's are approved, and its only natural once that happens the alt coins will go next. Will ada be in that group? Who knows for sure. Ada is only getting better and improving and Its far from a dead project but only time will tell.
Bitcoin is bought OTC buy the billionaires and it keeps the price from pumping. They sell a part of that on chain because a small amount will push the price of Bitcoin down. They would push the price down more if they could. Buyers keep stepping up. Do exchanges sell ADA OTC? I would imagine they do. If Kathy Woods went to Coinbase and said we want 300m in ADA OTC I would imagine they would sell it to them. When the fomo starts and the OTC buys have all been done pre bull run its gonna be a volcano eruption.
Don't think for a moment Blackrock is looking only at Bitcoin and not at ADA.
Where ccan i buy ada?
Can’t agree more.. I like to be subscribed with this channel particularly for similar contents that make complete sense. (Not for those chart analysis)
come on dude… ada daily user is tanking
Dan, with the bull run being supported by the massive amount of liquidity during the pandemic do you think we reach those same highs on the next bull run without that excess liquidity to slingshot us there? I'm a long-term ADA bull myself, I'm just curious if you think the liquidity tightening we are seeing, and will continue to see for the near future, will impede the growth that some predict the next bull environment to have.
I want to not have to work. To buy a nice cabin on a lake in Michigan. Drive a new car for once in my life. Get a new washer amd dryer. I've worked my ass of my entire life. My dreams of waking up and being able to live for once in my life and not be a slave to the machine to just die in the end. ADA holds my dreams within reach.
Cardano has held a prominent place in the spotlight, with enthusiasts and experts alike touting its potential for a meteoric price rise. Yet, for many of us who have held on to Cardano through the peaks and valleys, the constant stream of videos and articles heralding its imminent ascent has become a tiresome echo, leaving us weary and disheartened.
We embarked on this journey with high hopes, inspired by the promise of Cardano's groundbreaking technology and the vision it carries. Its innovative approach to blockchain and commitment to peer-reviewed research presented a refreshing alternative to the speculative frenzy that often envelops the crypto space. We believed in the project's fundamentals, its academic rigor, and its potential to reshape the financial landscape. But as the days turned into weeks, and the weeks into months, the anticipation grew into frustration.
The endless cycle of Cardano price predictions, each more optimistic than the last, has left us emotionally drained. We've seen countless YouTube thumbnails promising "Cardano to the Moon!" and "Why Cardano Will Explode!" Only to find that, despite our unwavering dedication and the promises of experts, Cardano's price has remained disappointingly stagnant.
The weariness sets in as we grapple with the emotional rollercoaster of false hope and dashed expectations. We yearn for Cardano to live up to its potential, but the ceaseless hype makes it increasingly difficult to maintain our faith. We've grown tired of the same narratives, the same predictions, and the same repeated patterns in the charts.
Nonetheless, amidst the exhaustion, there's a glimmer of resilience. We're reminded that the cryptocurrency world is a volatile place, and patience is the virtue of the strong-hearted. We understand that true innovation takes time to gain traction, and the value of a project extends beyond its price at any given moment. We remain committed to the vision of Cardano, even as we tire of the constant speculation.
In the end, we need to express our exhaustion not as a surrender but as a call for balance. We long for a more measured and thoughtful discourse surrounding Cardano, one that acknowledges both its potential and the challenges it faces. We yearn for an environment where patience and a long-term perspective are celebrated over the relentless pursuit of short-term gains.
So, as we continue to hold on, let our collective weariness serve as a reminder that true innovation and lasting success often require endurance in the face of uncertainty. Cardano may not have skyrocketed as predicted, but its journey is far from over, and neither is ours as believers in its potential.
Cardano is also on the list of ISO 2022 crypto compliant list 2023…Quantum Computing soon
💯💪🏾
I see a lot of negative comments. If you're going to be negative, post some information to counter what Dan is speaking about. He's giving us perspective so counter.
Dan with the h”opium”
LMAO at this idiotic comparation😂😂😂..really??😂😂
I am fortunate I made productive decisions about my finances that changed my life forever. I’m a single mother living in Hk China, bought my second house in April and hoping to retire next year at 50 if things keep going smoothly for me.🥰🥰
cardano didnt even retraced 50% from ath to current bottom, but 20%.
lol this channel is such a joke
Joke of the day
Ada is dead 🙁 lets it rest in piece
I’m genuinely amazed at how much negativity there is in the comments and how triggered people are because I am simply long term bullish on a cryptocurrency asset. So sad how people spend their valuable time drowning in their own negativity. We truly are in the depths of the crypto winter.
You need to be more diverse, there is alot more out there than just cardano.
Brilliant comparison
Great job Dan. Keep
It up!!