ADA is going to be starting trading on Korean exchange Coinrail on the 29th, which is only the 2nd exchange to host ADA trading. There is also anticipation of other news coming from the project in the next few days. We've seen a huge run up followed by consolidation and a nice cup and handle formation on the 1h chart, all bullish signs.
YOu made alot of people some good money today. NICE WORK
mahsyarsaid
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I have to thank you million times for this insight!
chipper308
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i have been watching this myself for the last 24hours, i did not know of their news though, so thats welcome news. when will you be buying in?
TenaciousJ
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@chipper308, I've been in since 2 days after it hit Bittrex... glad to see it finally getting some attention in the market. This is definitely a long-term investment, but I will trade major events along the way to grow my position size. The roadmap I think is done through the next 18 months or so, and IOHK is on board until 2020, so I'm in until near that timeframe - at least based on currently available information.
chipper308
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@TenaciousJ , Good call, i jumped in right after your idea as it looked like we had both been seeing the same thing, what a climb. happy to be on this ride!
@chipper308, hard to say - it really depends on what happens when the Coinrail trading starts... as they say, buy the rumor, sell the news. I may exit my position today in case something negative happens in the valuation then reenter if it looks stable. Expecting more than 100% gains in a day seems a little greedy ;)
chipper308
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@TenaciousJ, is that tomorrow it goes live? do we have a time? also... whats your take on their roadmap with the timer?