Welcome to the Off-Shore Club

The #1 Social Engineering Project in the world since 2004 !

Important Notice:

āœ…UPGRADE YOUR ACCOUNT TODAY TO ACCESS ALL OFF-SHORE FORUMSāœ…

[New]Telegram Channel

In case our domain name changes, we advise you to subscribe to our new TG channel to always be aware of all events and updates -
https://t.me/rtmsechannel

OFF-SHORE Staff Announcement: 30% Bonus on ALL Wallet Deposit this week


For example, if you deposit $1000, your RTM Advertising Balance will be $1300 that can be used to purchase eligible products and service on forums or request withdrawal. The limit deposit to get the 30% bonus is $10,000 for a $3000 Marketplace wallet balance Bonus.

Deposit Now and claim 30% more balance ! - BTC/LTC/XMR


Always use a Mixer to keep Maximum anonimity ! - BTC to BTC or BTC to XMR

šŸš€ Crypto The Opportunity Cost of Holding Cardano Instead of BTC: How Much Are ADA Holders Behind?

āš ļøAlways Remember to keep your identity safe by using a Zero-KYC Zero-AML like https://coinshift.moneyāš ļø

Gold

Gr@c3

Holy HOLDER
šŸš€ Crypto ā‚æOP Club
USDT(TRC-20)
$3,000.0
The theory of crypto market cycles is one thatā€™s been around for many years now. In essence, many traders and analysts are of the opinion that thereā€™s a considerable bull market once every four years, usually predicated by the Bitcoin halving.

So far, that has been the case.

Within these major cycles, there are usually countless other mini-cycles where, during some instances, certain altcoins perform better than BTC and can deliver larger gains. But the risk of that is that if the user fails to exit their altcoin position in time, they might be left holding a bag that might never recover.

Is that the case for Cardano (ADA) holders?

The Opportunity Cost of Holding Cardano​


The popular analyst Caleb Franzen recently took it to X to outline a painful truth about ADA.

Over the past 34 months, Cardano has lost 90% of its value relative to Bitcoin.

Donā€™t ignore opportunity costā€¦ itā€™s costing ADA holders a lot of money.

Source: Caleb Frazen, X

Franzen continues his observation, pointing out that ADA is currently trading at its lowest point since December 2020.

In addition, ADAā€™s performance is shaky for many whoā€™ve entered the market in the past few years:

Screenshot 2024-06-23 at 18.38.29
Source: Caleb Franzen, X

The analyst also made an important conclusion:

This chart is generally embematic of why I only trade alts and I donā€™t invest in themā€¦ they canā€™t keep up with BTC over the long run.

Itā€™s Not Just Cardano (ADA)​


Of course, other altcoins also display similar patterns when compared against Bitcoin.

This is XRPā€™s chart against BTC in the last year:


Source: CoinMarketCap

This is ETHā€™s:


Source: CoinMarketCap

And this is TRXā€™s:


Source: CoinMarketCap

Of course, there are some altcoins that have outperformed BTC. For example, SOL and BNB are doing better in 2024. But the situation changes if we zoom out the chart to a certain degree.

The post The Opportunity Cost of Holding Cardano Instead of BTC: How Much Are ADA Holders Behind? appeared first on CryptoPotato.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Friendly Disclaimer We do not host or store any files on our website except thread messages, most likely your DMCA content is being hosted on a third-party website and you need to contact them. Representatives of this site ("service") are not responsible for any content created by users and for accounts. The materials presented express only the opinions of their authors.
šŸšØ Do not get Ripped Off ! āš–ļø Deal with approved sellers or use RTM Escrow on Telegram
Gold
Mitalk.lat official Off Shore Club Chat


Gold

Panel Title #1

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Panel Title #2

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Top