I still see way too much optimism in crypto, generally. The world is rotating from speculative assets (Peloton, small cap tech, crypto, etc.) to value assets and industries. In that sense, there is nothing ADA or other crypto investors and traders can do other than: 1) trade short-term swings 2) exit the market and put their money in value, or 3) hodl, watch further declines, and wait.
As for ADA, I also see way too much optimism. A few weeks back, people were getting all excited about some Cardano project to plant trees, as if that justifies a $30+ billion market cap. ADA development is slow and deliberate and strategic, good! But it's not currently a $30+ billion project and anyone with basic critical-thinking skills knows it. Speculative assets that don't produce value for average people will not do well over the short-term. Beyond the short-term, its anyone's guess as to what ADA will do.
As for ADA, I also see way too much optimism. A few weeks back, people were getting all excited about some Cardano project to plant trees, as if that justifies a $30+ billion market cap. ADA development is slow and deliberate and strategic, good! But it's not currently a $30+ billion project and anyone with basic critical-thinking skills knows it. Speculative assets that don't produce value for average people will not do well over the short-term. Beyond the short-term, its anyone's guess as to what ADA will do.
