Investing have been taken place for 4-500 years now in all different kind of assets. Since Bitcoin entered the market in 2009 a new form of asset became available and since then many other kind of crypto currency became available for use and investing.
The main reason for investing is to build wealth. You want your money to grow. If you don’t invest your ability to buy stuff will be reduced because of inflation. That is now more true than ever. The current interest rate in Denmark is negative so it cost you money to have money. We also have inflation on top of that. In other words your ability to buy stuff degrade with time.
Investing in ADA is a way out of this negative spiral of losing money. With staking I get a much higher return than any bank ever will give and I therefore grow my wealth as long as the price of ADA don’t fall too much. Another reason to invest in ADA is to change the world to a better place with fair and open business models.
My guess is that most are investing in ADA to grow wealth by hoping the price of ADA will grow similar to what we have seen with bitcoin. It is very likely that Cardano will be the preferred platform for both payment and business and it is therefore fair to assume the price of ADA will go up during the next 5 years.
The journey has started and all of us that are investing in ADA will hopefully see the Cardano project being the most succesful project in the crypto space ever.
