Why Cardano isn't going to 0

[A Thread🧵]

#Cardano #CardanoADA $ADA #Cryptos 1/ Intro

At the time of writing, the crypto markets look worse than they have looked in a while. Crypto is likely, for the first time in its history, to experience an economic recession and increasing interest rates.

This has prompted critics to say that “crypto is dead!”

A beginner’s overview of Catalyst (Cardano’s Treasury and innovation lab)

[A Thread🧵]

#CardanoCommunity #CardanoADA #Cardano $ADA 1/ Intro

Catalyst is often jokingly referred to as Cardano’s VC, as it aims to collect a portion of fees generated from each transaction and use that money to fund projects that are beneficial to the community.

A funding round for Project Catalyst happens around every 6 weeks.

How to make the most out of a bear market

[A Thread🧵]

#CardanoCommunity #Cardano $ADA 1/Intro

Every macro indicator is screaming recession. The last decade of excess has come to an end and it’s time to pay the piper.

I cannot promise you’ll make money during these times, what I can do is to make tactical suggestions to maybe benefit from the situation.

You Are (Probably) Not Going to Make It - How to Survive a Bear Market

[A Thread🧵]

@conraddit @matiwinnetou @DeansEpoch @hans_the_crypto @cardano_whale @LatinStakePools 1/ Disclaimer

Sorry to the people I tagged on the thread, I don’t mean you specifically, or anyone else in the audience.

I’m sure you’re all lovely and smart people😳

I’m referring to the average Joe and his habits, how despite his best intentions, he might be destined to fail

10 Reasons Why I Would Sell My #ADA

[A Thread🧵]

#Cardano @DeansEpoch @technologypoet @conraddit 1/Intro

ADA is an investment for me, it’s not a religion and it’s not the purpose of my life

ATM #Cardano accounts for 90% of my portfolio

For good or ill, there may be a moment when I feel the need to sell some or all of my holdings. This is an exploration of those scenarios

THREAD SUMMARY OF KRAKEN'S REPORT:

Sitting Tight - February 2022 Crypto On-Chain Digest

This report is an analysis of various on-chain metrics for #Bitcoin, #Ethereum and #Cardano which show a bearish trend for the markets and what its ongoing effects might be 0/6 Most important info 1/X

Why you SHOULDN’T invest in #Cardano

[A Thread 🧵]

@matiwinnetou @conraddit @DeansEpoch @monad_alexander @technologypoet @hashoshi4 @CalvinsBrew @Swag_Stakepool $ADA 1⃣DISCLAIMER

Over 90% of my net worth is in ADA at the time of writing. I believe in the project enough to more or less work full-time on it.

That said, I believe anyone that invests in an asset should be able to play devil’s advocate against it if they really understand it.

Why #Cardano isn't Sexy (and that's a good thing) -
How being boring can make you rich

[1/ A Thread] [2/ Background]

A few years ago, I became a ghostwriter, and very quickly I learned there were 2 types of them:

Those who earn pennies and write fun things like novels, and those who earn a fortune by writing complex instruction manuals that nobody reads

Boring is profitable!

[10 Predictions for #Cardano in 2022 - A Thread]

1/ Inspired by @cardano_whale 's post, I shall also make a prediction's thread but I will make them different than his, although everything he said is very reasonable. [I - Real Use Cases]

2/A criticism thrown at #crypto is that it caters to speculators instead of users

In 2022, a major and easy to implement use case is that of microfinancing, by tying the degens looking for yield with those in underdeveloped markets who need microloans.

1/ As people start working for DAOs, and get paid in their tokens, the nature of economic cycles will change

If my neighbour gets paid in EUR, or even $ETH, and I get paid in $ADA, then I have more in common with someone in Japan who gets paid in $ADA than with my neighbour 2/ Put simply, if enough people get paid in a non-local currency, the nature of recessions changes.

If someone is in an ecosystem that is doing well, their newfound wealth counterbalances the people who are doing poorly. So crashes in the economy are thus much milder.

1/ Following the recent conversation I saw with @cardano_whale and @TheCryptoviser regarding whether token burning makes sense, I've decided to wear my economist hat and take a stab at it.

[A THREAD ON TOKEN BURNING] 2/ WHY TOKEN BURN AT ALL?

The argument goes that token burning is good for current holders as it reduces the overall supply of the asset in circulation, which assuming everything else remains equal, pushes the price up due to the law of supply and demand.