Price: $0.44161 -3.218%
Market Cap: 64.88B 1.9218%
Volume (24h): 18.89B 0.4%
Dominance: 1.9218%
Price: $0.44161 -3.218%
Market Cap: 64.88B 1.9218%
Volume (24h): 18.89B 0.4%
Dominance: 1.9218% 1.9218%
  • Price: $0.44161 -3.218%
  • Market Cap: 64.88B 1.9218%
  • Volume (24h): 18.89B 0.4%
  • Dominance: 1.9218% 1.9218%
  • Price: $0.44161 -3.218%
Home > Information news > Analyst Compares Kaspa to Cardano, Revealing His KAS Strategy While the Coin Trades in Red

Analyst Compares Kaspa to Cardano, Revealing His KAS Strategy While the Coin Trades in Red

Release: 2023/11/28 21:38 Reading: 312

Original author:Captain Altcoin

Original source:https://coinmarketcap.com/community/articles/6552422806c994497412851c

A thoughtful thread by a crypto analyst Cryptographur recounts lessons learned from impatience and a lack of conviction during previous market cycles—mistakes many can relate to.

Using the example of accumulating ADA in the last bull run, Cryptographur described buying around 3–4 cents, selling at 10 cents on the way up, FOMOing back in around 30 cents, and ultimately selling again at $2.90.

In hindsight, simply holding through 100X+ gains to ADA’s peak above $3 seems obvious. But in the moment, protecting gains and attempting to time market swings won out over conviction.

Cryptographur notes micro-cap gem Kaspa (KAS) is in a similar early stage where the long-term upside could be immense. Yet the tendency to trade reactively could undermine those returns. Kaspa is down by 9.5% in the last 24 hours according to the latest data from CoinMarketCap.

Source: CoinStats – Start using it today

His key takeaways are to stick to a set accumulating strategy rather than trying to time trades and to avoid selling until the macrocycle peaks when setting targets based on Bitcoin’s bull market tops. Patience and conviction trump short-term thinking.

Read also:

This is sage advice for any burgeoning cryptocurrency investment. The massive long-term upside potential makes holding through volatility worthwhile. But human psychology so often sabotages these returns with weak hands. Developing a strategic plan and sticking to it separates disciplined investors from those who end up leaving tons of profit on the table.

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The post Analyst Compares Kaspa to Cardano, Revealing His KAS Strategy While the Coin Trades in Red appeared first on CaptainAltcoin.

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