1 million Cardano.
That's right.
I bought 1 million Cardano a few weeks back.
ADA has been one of my favorite projects to watch grow over the past 12 months.
And it's just now starting to hit its stride.
In this video, we go into why I bought a millie ADA like a boss a few months ago
when it was barely knee high to an Ethereum.
But what is ADA going to do besides make me millions of dollars?
Stay tuned to find out.
Let's get it!
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Welcome to BitBoy Crypto! The largest crypto channel in all the Interwebs.
My name is Ben.
Everyday, I show you how to make money in crypto.
If you like money and crypto, then make sure to hit that subscribe button.
If you're new to crypto,
welcome to the BitSquad!
Let me do a quick overview for you guys of Cardano and its token, ADA.
But before we get into that,
I do want to remind you that you guys can leverage trade ADA and many other tokens on Bybit
including Bitcoin and Ethereum, of course.
Check out bitboycrypto.com/deals
and click on the Bybit section at the top of the deals page to get started.
Of course, always use appropriate leverage and proper risk management.
Cardano was started by Charles Hoskinson
after he separated from the Ethereum team back in 2014
to start his own smart contract blockchain called Cardano
along with former Ethereum teammate, Jeremy Wood.
Cardano's approach to development and features has been extremely methodical during its development.
Their roadmap is painstakingly mapped out to capture any corner cases,
keep the bugs to a minimum.
Even on their website, they describe Cardano as peer-reviewed and evidence-based.
This laser focus means that Cardano is primed to be a lean powerful machine
ready to take the lead over their competitors.
Just like my Dodge Demon.
America!
To say I'm bullish though on Cardano is an understatement.
And here's why.
Besides all the nerd talk about peer reviews.
Cardano's founder, Charles Hoskinson, has made it a point to embrace decentralization,
call it out often.
Don't be fooled by his cherubic face, nerdy glasses and Hawaiian charms.
Charles is a bonafide enemy of the establishment.
On the front page of Cardano's website, it states,
Cardano exists to redistribute power from unaccountable structures to the margins---
to individuals.
I love that!
Once again,
America!
But beyond Cardano's sharing core beliefs with the world's only back-to-back World War winner,
Cardano is looking to help second and third world nations climb out of poverty
and better their people.
A lot of the reason countries like Colombia or Botswana are struggling is because they lacked the infrastructure
to protect people's property.
How can you show proof of ownership of land or farming equipment or an insurance policy
if the government or insurance companies only have a paper trail
leading back to when the last military coup burned all the documents in town five years ago?
Or paid Russian hackers to wipe those servers.
If only there was a technology that was basically unhackable
that allowed for storing transaction history.
Hmmmm?
Oh, yeah, that's right!
It's called blockchain!
So Cardano has big goals,
has brilliant founders,
and a scientific approach
science!
to developing their blockchain assets.
And it's because of that
that I saw the potential of what Cardano could do
and where the ADA price could go.
ADA isn't an Ethereum killer,
an ecosystem for transactions,
but also it's for governance and business.
Charles Hoskinson said so in a recent interview with Cryptoglobe.
He said, "It's important to say Ethereum is killing itself.
They're replacing Ethereum with Ethereum 2.0.
So Ethereum 2.0 will kill Ethereum 1.0.
So I think that's the Ethereum killer."
"We try to do more holistic things.
It's not just, can you process smart contracts."
I bought Cardano back in January when it was around 15¢ per ADA.
I saw its potential and went big.
I bought a million ADA.
So far, that's really worked out well for me.
Really, really, really well.
But that's only the tip of the Cardano iceberg.
ADA is the crypto asset part of Cardano,
global payments in the blockchain,
but ADA right now is around $1.70 at the time of this recording of the video,
and it hasn't even launched yet.
That's right.
There's no smart contract dApp for Cardano yet.
Crypto investors are already seeing the potential of Cardano because the roadmap is so solid.
And that's where we get to my price prediction for ADA
because this summer, the Alonzo hardfork is coming,
and with that, Cardano get smart contract capabilities.
They just launched the testnet.
And it's not launching without support.
It's already got two great projects
that are ready to start working with ADA smart contracts on day 1 of the Alonzo hardfork.
But more on that in a moment.
My price prediction conservatively for Cardano in this cycle is a 4X from its current price of $1.70,
which would be $6.80.
But here's the thing that's setting ADA up for such a big pump.
It's shown amazing resilience to price fluctuations compared to other alts during this bull run.
It smashed its all-time high repeatedly, topping at $2.30 on May 15, 2021.
Since then, it's pulled back during this correction,
but its prospects are still very bright.
I predict, in my most bullish scenario, that ADA can hit $8 to $9 this year.
So if you've been buying ADA even from its previous all-time highs in 2018,
you're looking at a 900% profit on ADA.
That's the gains we like to see on this channel.
So we get a lot of upside to look forward to in this cycle,
but will that hold up?
Will ADA peak and then crash?
I don't think so.
Let's go back to the other projects I mentioned that are starting alongside Cardano's new smart contracts,
Occam.Fi and CardStarter.
I've talked about these before,
but good things bear repeating.
Like how I can repeatedly humiliate anyone
who dares challenge my many, many hundreds of American horsepower
who live inside my Dodge.
Look. I don't make the rules, but if you challenge the Demon,
there's going to be hell to pay, but I digress.
Let's get back to crypto and gains.
Occam.Fi and its OCC token are a DeFi project that's custom built for Cardano.
Its goal is not only to be the Uniswap of Cardano,
but help Cardano-based projects get off the ground and get funded.
It's a launchpad,
but not only is it set to launch other projects,
but it's doing so while keeping fees low and allowing for limited KYC,
which keeps DeFi from becoming, well, not DeFi.
Occam has been plugged into the Cardano development community,
and by their own estimation,
there are over 3000 projects waiting in the wings for a Cardano smart contracts platform to be listed on.
This will be huge.
The OCC token has only been trading since April.
It's held its price above $10 for most of that time.
It's too early to give a price prediction on that one,
but considering that it's recovered so quickly after the market disruptions we've had recently,
it should be more and more healthy by the day.
So in addition to OCC, another Cardano project that's ready for the new functionality,
it's a channel favorite,
CardStarter.
CARDS is a great project and sets itself apart from other DeFi exchanges
because it's the first exchange ever to ensure community project backers from financial loss
in case a project fails, falls apart, or ends up being a rug pull.
CardStarter is also vetting the projects they feature with a rigorous set of rules
that's enforced by a separate quality assurance program.
These two features add a lot of confidence and clout
to the already rigorous and nerdy Cardano development system.
CardStarter also launched their token CARDS back in April.
And it's seen a steady price pump ever since.
Coming out with a price of $3.50,
CARDS is now trading today for a whopping $43.
We like CardStarter so much, we partnered with them.
And for transparency,
we're also invested in OccamFi.
But with CardStarter, look!
There we are on their homepage.
Oh, and look.
Chainlink partnered with them too,
which is amazing because Chainlink is partnered with everyone
except for BitBoy Crypto.
Chainlink, where's our invite?
If you're interested in trading some CARDS or picking up some OCC,
you can find them on Uniswap, Bilaxy, 1inch, SushiSwap and, of course, bitswapdex.io.
So that's my take on Cardano and why I bought a cool millie of ADA.
What do you think ADA is going to do?
Is Cardano going to be the next Ethereum?
Will Chainlink partner with our office dog ADA?
Is Charles Hoskinson a clone of Steve Wozniak?
Comment below with your predictions and your comments.
And if you haven't already, of course,
hit that subscribe button after you smash the like button.
It really helps us out.
That's all I got.
Be blessed.
BitBoy out.