Cardano : The Most Realistic Price Target (5x, 10x or 100x?) - YouTube

Hi Everyone, I've been seeing a lot of really high price targets flying around on Cardano

over the past few weeks.

Some of them are in the triple digits.

I wasn't expecting to do such a video, but I feel like some of the crazy price predictions

are actually doing more harm than good for new joiners of the ecosystem.

I do believe that Cardano is going to go high, but I want people to be able to recognize

when something is unrelastic.

In today's video, I want to share with you the emotional intelligence and psyhcology

around price targets.

Share with you the reality of Cardano, and give you a more a realistic price target for

$ADA.

Hello Everyone my name is Jerome, I do videos about cryptocurrencies, trying to bring you

unique content and perspective on the crypto market.

My goal is not to make you rich financially but richer emotionally and spiritually.

I will share with you my experience of fund manager in a french hedge to help you become

independant, and ultimately become financialy empowered.

So if you want to be part of this challenging yet very exciting journey, please consider

subscribing but clicking on the red button below or joining my telegram channel.

Today's video will be broken down into 3 parts :

1) The psychology around price targets : why it's a double edge sword.

2) Why too much optimism is your biggest enemy ?

3) What is a more Realistic price targets for Cardano ?

Stay until the end, and don't miss the french quote of the day, which will be from XXXXXXXXXX

Alright part #1 : the psychology around price targets :

• Humans don't like uncertainty.

We don't like not knowing what the future will be.

• From a survival standpoint, uncertainty about the future means death.

• So what do we do ? We fill the void of uncertainty with assumptions.

• In finance, there is this concept of price target : It usually means that you think that

the price of an instrument is going to reach a particular level.

• Price targets can be lower or higher than the current price, and it translate your view

on how you think this instrument can grow in the future.

• All the financial models that were build over the past 40 to 50 years, were trying

to exactly this : fill the void of uncertainty by predicting a price in the future.

• So the psychology around this is the following :

○ Price targets give you sense of control and comfort.

I makes you think that you know where things are going to go and helps you pull the trigger.

○ When the price target is very high, what it usually builds, is a sense of FOMO (Fear

of Missing Out): you start feeling like you HAVE to jump in, and buy the underlying.

○ And this is when things become dangerous for newer people, because you come into the

space, hear how great something is, how its going to go to the moon or 10'000X in the

matter of months.

And you go throw all your money at once, because someone told you.

• Even though I do understand the practicality of this, if you want to build long term wealth

and become independant, you have to take the responsabilities of the investments you make.

• Real growth takes effort : if you want to deserve the money and the success you will,

watching a 5mins videos promising you to become a millionaire in two days is not making you

a favour.

• Making money is a byproduct of your own growth.

If you do learn new thing, about Crypto, DeFi, Macro economics, Technical analysis, it doesn't

matter as long as your mind expands.

• Most of the time, the hardest path is usually the best when it comes to growth.

Challenging the status quo will make you grow :You have to do what the 99% don’t do, in

order get the rewards only the 1% get.

• I see for example people blaming Elon Musk because they bought Dogecoin at the highs

and lost money, but in the end, they are the ones deciding to pull the trigger and buying

dogecoin.

• When someone, weather it is a youtuber, someone on twitter, gives a high price target,

its not necessarily bad.

• But when this person is telling you that we are going to get there FAST and that you

need to act NOW, maybe you should a little bit suspicious.

• No ONE knows when things are going to happen.

• On my channel, I don't undertain 100x returns, because I think its not a good mindset

to have.

Like I said in other video, I'd rather try to do 10x, twice , on high quality coins,

rather than gambling on a noname coin.

This leads me to part 2 : Good things take time.

• We might be in a bull market, but it doesn't mean that things will go parabolic forever.

In fact for the past two years, we had months and months of price going nowhere.

So you should manage your expectation just in case things don't continue to rise as fast

as the past few weeks.

• it is healthy for the market to actually take a breather.

Just like someone who runs and needs energy, you can sprint for a short period of time,

but in between sprints, you need to take a breather to refuel some of your energy.

The market works the same, and uses emotions like fear, optimism, conviction, panic as

a fuel to move around.

• For a company as great as Tesla, it took 18 years to build the foundation of what they

are starting to deploy today.

• If Tesla wants to deploy autonomous ridehailing services, It needed to build great batteriesm

charging networks, fully autonomous and self improving AI in the cars, etc etc.

• Often times, our emotions can get getting ahead of the speed of innovation.

• For Cardano to grow, it will take lots of trials and errors before it can think about

competing with Bitcoin or Ethereum.

What I like about Cardano is that it took the time to design the foundation very well

before building anything.

I think it is setting new standards by raising the barriers to entry with the use of formal

methods for example.

• In the end, you cannot rush great infrastructure and innvoation, because we just don't know

what will work.

• People telling you that Cardano will go to 100$ are essentially telling you that THEY

KNOW what will work and be adopted by the market.

• The only thing people want is you to pump their bags, because they bought before you.

• As an investor, don't corner yourself by thinking that what your heard on youtube,

is the only thing that will happen and the only form of truth.

Challenge what you hear, by doing your own research.

• Most of the people, myself included will be wrong on many of the things we say.

• But overall, what you should be focusing on instead of the returns, is building the

right process and emotional intelligence to make decisions on your own, and build confidence

over time.

• If the only thing that you are focusing on is FAST PROFITS, you are setting yourself

up a blow up.

I've been there, and i've blown multiple 5 figures account.

Everytime i've chased fast returns, It lead to emotional decision making, and ultimately

losing lots of money.

SO Don't make the same mistakes as I did.

• Your confidence will slowly build up, as you consistently hit base hits, over and

over again.

Alright so part #3, What price target do I think is realistic.

• Well, it all depends on your timeframe.

• The more time you're going to give it to grow, the more potential it has.

• Because I know Cryptocurrencies like any other innovations work in cycles of hypes

and despairs, I'm convinced that no matter how high the price grows, its not going to

be a straight line up.

• There will be phases where people panic sell cardano, and there will be times where

people are rushing to the name there's no tomorrow.

• Here is the table of the corresponding price target, on a fully diluted basis :

○ A 5$ Cardano : would equal to a 150bn market cap.

Which would be the size of Pespi Cola more or less

○ A 10$: would equal a 300bn market cap.

Which would be similar to the current size of Nvidia

○ A 32$ Cardano would mean that cardano it would be larger than facebook.

○ A 50$ Cardano: would signify that it’s the size of Amazon

○ A 100$ Cardano: would mean that Cardano is 3trillion dollars, meaning that its bigger

than any other company in the world.

So do you how easy it is to get ahead of ourselves.

If you take 5 minutes to make a reality check and do this exercices of comparison, it helps

you manage your expectation and allow you to stay out of trouble in my opinion, especially

if you are new to this space.

Remember that things don't go up in a straight line.

Never feel rushed about buying something, especially cryptocurrencies.

You've seen is in my previous video, even during bull markets, we do have significant

retracements 40-50%.

One of the things I mentioned on my video previous video as the number #1 risk for crypto

year, was the launch of Central Banks digital currencies.

What's opinion on where could Cardano go during market cycle?

Well for me, no financial advice, If everything go as planned, I think Cardano could reach

between 5-10$ during this bull run.

If you were expecting me to say 50 or 100$, I will invite you to rewind this video.

I don’t think given the current market, that Cardano can become bigger than Amazon

and Apple combined.

It could however, reach the size of something like PepsiCola or Nvidia in the medium term.

For me to start talking about 30$ or 50$ Cardano, I would have to wait for Bitcoin to takeover

the market cap of Gold.

Bitcoin is our best ally, because its leading the way in changing people's mind about crypto.

If things don't go very well and cardano only goes to 2 or 3$ on the medium I would still

be very happy because it's still a high quality and stress free 2 or 3x in my opinion.

Remember that all of your friends investing in stocks or doing real estate, are getting

between 7 to 10% returns on average.

So if you can make 100 or 200%, I think you'd be doing pretty well.

Remember that you're also getting 5% rewards just by staking your Cardano.

You can check out my Cardano Republic Stakepool if you want to support my, I would appreciate

a lot if you considered staking with me.

If we want Cardano to be able to compete with Things like Amazon, Or Apple.

It needs to build great ecosystems around it.

We've gathered the fundamental piece of the puzzle which is a big an great community.

But Just like Amazon or Apple have been able to onboard hundreds of thousands if not millions

of businesses in their infrastructure, Cardano needs to do the same.

On my channel, I will for sure keep you updated on how the ecosystem grows.

So make sure you subscribe to the channel.

How many of you have been dissapointed with high expectations in the past ?

I'd rather be conservative today and surprised tomorrow, than having high expectaiton and

dissapointed.

Alright so let's end off with the french quote of the day "“L'apparence requiert art et

finesse ; la vérité, calme et simplicité.

"Appearance requires art and finesse; truth requires calm, and simplicity"

So don't feel like you're missing, you're not.

Take your time and build realstic expectations.

Don't forget to like and subscribe.

Let's grow together and make this crypto journey fun and enjoyable.

Join the telegram channel if you haven't already.

Thank you so much for your support.

That was jerome Until next time