MSN Money Says Long-Term Investors Should Hold Cardano By CoinQuora
MSN Money Says Long-Term Investors Should Hold Cardano
- MSN said that long-term crypto investors should have in their wallets.
- MSN also said long-term ADA holders have seen great returns in the first half of 2021.
MSN said that long-term crypto investors should have Cardano in their wallets.
According to MSN, long-term Cardano (ADA) holders have seen great returns in the first half of 2021.
In addition, the firm said that despite the rapid-sell-off in most cryptos in the past few weeks, year-to-date, ADA-USD is up over 610%. Also, MSN noted that $1,000 invested in the crypto back then would now be worth around $7,100.
MSN Money also pointed out and . The firm stressed that the 2 largest cryptos are up 12% and 168%, respectively. And for a more complete picture, Apple (NASDAQ:) and Paypal are up 11% and 31%, respectively.
Further, MSN added that given the juicy returns in crypto, ADA bulls may now wonder if the run-up in ADA-USD can continue in the rest of the year. Moreover, MSN warned investors about the risks of short-term investment.
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