$KDA Kadena ($KDA) My Investment Journey and Lessons Learned
I met $KDA towards the end of the bull market in 2021. I invested $500, but due to FOMO, I bought at a high price and saw sharp declines during the bear market. My biggest mistake was relying solely on the opinions of influencers without doing my own research.
This process taught me the importance of DYOR (Do Your Own Research). Now, before investing, I examine the projects' GitHub reports, communicate with developers via Discord, and evaluate the project from a technical perspective.
So, why still $KDA?
Strong team and active development
Chainweb architecture and Pact smart contracts
Produced through mining like Bitcoin (PoW mechanism)
Maximum supply that will not be completed until 2135 (low inflation)
SEC's positive approach to PoW projects
Finally, Kadena's collaboration with SushiSwap is a significant step for the ecosystem. My buying area is $0.40, and my target is $20-30. However, this is my personal opinion and not investment advice.
Make sure to research the technological infrastructure, team, and long-term vision of projects before investing. 🚀
This is not investment advice.