To me, this is actually a pretty hard question, at the end of May, at the end of a horrific month of pretty much all non major Defi coins losing 25-50% or more over about three major periods of loss. But after quickly getting over my own self pity, knowing that I made great moves during this loss that will gain me even more money when the rebound(s) occurs. And in reality, because of the trades I’ve made, and major diversification outside of Bitcoin and Ethereum, I really haven’t lost much, and nowhere near 50 percent. So this leaves us with the question…what will be THE crypto to watch this June? It took me about 10 seconds to decide on my answer. And less time to think it through.
The crypto to watch this June(if I can only pick one) is ADA, also known as Cardano. Check out Cardano’s homepage and see all of the projects they are involved in. https://cardano.org
I have a ton of reasons for this, as I do my due diligence and research. For one, I always trust my gut. Ever since I got into crypto in 2015, I have made moves and predictions for Bitcoin prices that are remarkably scary in how accurate they were and are. This was even before I read different crypto experts’ thoughts on the crypto world, whether Ethereum will take over Bitcoin, why Bitcoin has a basis for actual financial backing whereas Ether doesn’t, the future prices of Bitcoin and Ethereum, from years ago to this day….and so on. But I predicted the jump to 50,000 for Bitcoin for this year, in late 2018, I predicted Bitcoin’s jump to 25-30,000 in the quarter of the year it happened, about 1.5 years before it happened. I’m no crypto super expert, and definitely not one who knows the future. I look at exchange patterns, growth potential, scarcity, and most importantly I listen to my gut instinct. So take this for what it is worth, but I’m definitely not the only person saying this, as there are legitimate experts in the field that predict ADA to hit $2.50, $4, and $6.50 by the end of the year. There is one well know expert that predicts Cardano could hit up to $40 a share by February 2022. No matter what, after watching, buying, and trading for ADA over the last year, This is one currency you can invest in and not worry much at all about the possibility of it tanking. It’s just not going to happen. So my suggestion would be buy it now while it is still low, before any major rebounds by all crypto!! Good luck, feel free to leave your opinions on ADA, or any other coin you think should be watched this June! Later y’all, -Lon3