How much ADA is enough to make it? I only hold 25,000 ADA
How much ADA is enough to make it? I only hold 25,000 ADA
Ryan Wright
James Morgan
Make it? When?
By what year?
Hunter Wright
By next golden bull run which is predicted end of 2021
Nathan Davis
Between 500k-1million
Joshua Fisher
is there actually an agreed upon sum that constitutes making in? in my slavland $1m is making it big time
Brandon Gray
How I look at this. I want to build passive income from Staking, where i can live from. Than I am financially independent. Key part to building towards financial independence if not needing loads of cash in the beginning.
Lets say ADA staking 8%. Then 8% of your stack needs to be enough to cover your yearly cost of living.
Example. If you can live from 1500$/month. Then your stack needs to be worth 225K$.
Assuming ADA goes to 1$ - you need 225K
Assuming ADA goes to 2$ - you need 112,5K
Assuming ADA goes to 5$ - you need 45K
But then you are not touching your chicken with the golden eggs.
Alexander Reyes
The thing is Cardano is long term so it depends how much you plan to wait
If you are from a poor country just divide this by half
>2021
1million
>2022-23
100k
>+2025
50K
A general you are going to make it stack is 100k,that would be the standard
Matthew Perry
Now after you reach the point you can live from the Staking, the price could still go up. At that moment you can start compounding your ADA. Making the chicken fatter. Increase monthly golden eggs. Have more and more to live from.
Jack Walker
Using half of what you stake a year for trading and the other half for living seems like a good strategy
Lucas Carter
Obviously if you can. I look forward to having free money monthly from ADA, that i can throw into other crypto projects. Nothing to lose.
It depends a bit on what you can live from, do you have other income streams.
Living couple months really frugal, building up your ADA stack now its really cheap.
10x means that one month salary invested now, is the basically the same as 1Y salary invested end 2021
Henry Robinson
depends on how you want to do it. do you plan to buy in low, don't sell it once it passes $1 or $2 and stake it and make it off of the passive income? how much annual do you want to have to make it? if you want 100k/year then you need
>1,000,000 if you think cardano tops out at $1
>500k if you think it gets to $2
>330k for $3 cardano
>250k for $4 Cardano
each of those will give you $100k USD worth of passive staking income per year. with a conservative estimate of 10% staking rewards per year on average.
Brandon Edwards
THE ABSOLUTE DELUSION OF ADA FAGS LMFAO
Nathan Richardson
Why?because we are long term inverstors and not in for the quick buck and never look back?
Michael Davis
>ADA
Brody Carter
you're an absolute retard holding an absolute shitcoin jesus fucking christ if i only had 1.5 times your iq i'd unironically jump off a tall building you will never amount to anything because you're so dumb anyone can tell how incredibly fucking low iq you are within the first 2 minutes of meeting you brainlet piece of shit kill yourself
Nathan Johnson
>Why?because we are long term inverstors and not in for the quick buck and never look back?
You all reek of newfags and have no idea what you invested in lol
Adam James
bullish COPE and butthurt from ETH and tezos bagholders -next is the rope tezzie fags
Lincoln Smith
Also
>buys shitcoin
>calls himself "long term investor"
Leo Reed
If that dick didn't look so smug I would have bought some. He is not doing cardano any favours with his blown out asshole of a face all over this brand.
James Lewis
lmao you are one butthurt jogger. stop rubbing salt up there user
Jonathan Reyes
Idgf about any of this shit Im trading on bitmex since 2017 but I know more about space and fucking cardano than you moon broke newfags (also made more money in 3 days on ada long than you will in 5 years of holding,staking and praying)
Fag
Colton Harris
How is it better than something like Elrond?
Angel Moore
>so much seethe
>obvious leddit mETH addict
repent faggot
Easton Garcia
I will coinfess this
I will nervously sit on 2 bags that I have no real hope of making it with but am so not sure with them.
One is ADA
the other is XRP
Levi Wood
>mETH nigger in full rage meltdown
>reddit spacing as a bonus
kek
Joshua Rogers
So from what people are saying, the staking testnet (Shelley right?) is working well? So it means they are going to have the most decentralized staking pools of all the blockchains? Does this do anything to their tps? And hydra is supposed to be their ultimate scaling solution, that isn't going to be ready for at least a few years right? Someone wanna fill me in on this?
Christopher Foster
>One is ADA
he didn't buy enough
Connor Phillips
1000+ stake pools at launch. they can tune that number using a single variable that alters the incentive structure. as time goes by that number will only increase. TPS is going to be somewhere between 150-300 TPS on Shelly mainnet. Ouroboros hydra is designed to scale with the number of hydra heads, one million TPS is not unreasonable in the future but that is not necessary now nor is is realistic to store that data were it required until recursive snarks are implemented. Hydra will be submitted by iohk as a CIP (cardano improvement proposal) and voted on by holders if they want it developed or not. there is no need for hydra yet, but it bears noting that hydra will wipe the floor with anything that ETH 2 is purporting to bring to the table.
Aaron Perry
Most Decentralized - Check. Already on testnet 1000 pools.
TPS can upgraded over different Ouroboros Protocols.
Dont have exact number but vanilla ouroboros us already way better than competition.
iohk.io
So Hydra not practically first priority. You can read the Peer Reviewed Paper
iohk.io
Elijah Brown
you mother fuckers are getting to me. I am gonna wait for a better price this looks really interesting. So is the Shelley testnet getting 150-300 tps too?
Xavier Moore
I am not sure where they are on the Haskell Testnet. But its the same as Haskell Mainnet.
They key of this testnet is to teach all the stakepool operaters how to run the haskell code smoothly.
So in the Rust Testnet, since december, there have been 1000 operators. So to make transition smooth. As this is really decentralized. They want to organize all well.
Here people keeping data on december testnet
itn.adapools.org
Yeah, I am no specialist in day to day movements of price. Use your skills, buy the dip.