Why all the Cardano FUD?

Why all the Cardano FUD?

By TwoDogsCaged | TwoDogsCaged | 25 Jan 2024


I have to say, I am not understanding why there are those that think Cardano is a ghost chain.

I know there was a report from 2021 when Cardano was identified as a "ghost chain" due to little activity at the time. The only media report  I could find regarding this was from 2023: https://www.cointribune.com/en/ada-en-hausse-cardano-perd-son-statut-de-ghost-chain-2/ that stated this.  But seriously, things have changed since 2021. 

I mean, many articles over the past year plus that I have been involved in cryptocurrency outline Cardano is typically number one in development.  Here is one such article:  https://bitcoinist.com/cardano-ada-remains-1-cryptocurrency-in-this-metric/ 

Now, I am not writing this to tell you to invest in Cardano, or to even believe in it. I just do not understand the willful blindness against Cardano.

I guess in some ways I do understand the issue. Many people get attached to various cryptocurrencies emotionally, and cant' see past their emotions with logic. I wrote an article that talked about me being wrong about Solana. I thought as FTX Solana would go the way of the Dodo bird. I was wrong, and got in at a really good price. 

Emotional management allowed me to see things clearly. I made an educated guess about Solana, I was able to change my mind without blindly following the emotional sentiment surrounding Solana. Although it was heavily tied to FTX, it was solid on it's own.

I may be wrong about Cardano, I have been wrong at least once (haha). However, I am diversified enough to withstand many cryptocurrencies failing without losing too much.  

 

I wish all of you luck, I just had some thoughts on Cardano that I don't understand some of the negativity.  

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TwoDogsCaged
TwoDogsCaged

Cryptocurrency is a fascinating idea, one that has many confused, scared and dismissive of the concept. However, it also is intriguing and likely a large part of the future.

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