Easier to predict what will go down, rather than what will go up!

Why Ada Cardano seems like a scam

I remember when I was in Providence Rhode Island, about two years ago, I first heard about Ada Cardano, and going to the website and trying to figure out… It made zero sense to me. Also, a simple tip; you know if a thing is a bad thing, if you have “researchers“, working on it. Why? Researchers are not real innovators. When people mention researchers, it is essentially a veil, a hoodwink, that the average person will think that a researcher is smart and innovative, but actuality, They don’t do nothing.

my personal thought is that Ada Cardano seems like a scam because— it purports to do something, yet it doesn’t do anything.

Easier to spot a scam, and a thing that will go down, rather than knowing what will go up.

Short Ada Cardano?

Maybe an easy way to make money is to short all of these “shit coins”?

Shorting cryptocurrency involves betting against its future price. It’s a strategy where investors sell a cryptocurrency they don’t own, hoping to buy it back later at a lower price, thus profiting from the price difference. Here’s a general guide:

1. Choose a Trading Platform: Find a cryptocurrency exchange or broker that allows short selling. Some popular ones include Kraken, Bitfinex, and Binance.
2. Open a Margin Account: To short sell, you usually need a margin account which allows you to borrow cryptocurrency from the broker.
3. Understand the Risks: Shorting is risky, especially with cryptocurrencies’ high volatility. Prices can rise sharply, leading to potentially unlimited losses.
4. Conduct Research: Analyze the market and choose the cryptocurrency you believe will decrease in value.
5. Borrow the Cryptocurrency: Through your margin account, borrow the cryptocurrency and sell it at the current market price.
6. Wait for the Price to Fall: Monitor the market. If the price drops, you can buy back the same amount of cryptocurrency at this lower price.
7. Return the Borrowed Cryptocurrency: After buying it back, return the borrowed amount to the broker. Your profit is the difference between the price at which you sold and the price at which you bought back, minus any fees or interest.
8. Close the Position: Once you’ve returned the borrowed cryptocurrency, your short position is closed.

Remember, shorting is speculative and involves significant risk, including the potential loss of your investment. It’s crucial to have a clear risk management strategy and to only invest what you can afford to lose.