Q: How does Ada differ from other cryptocurrencies?
A: Ada stands out due to its focus on scalability, security, and sustainability. It is built on a hybrid consensus mechanism that combines Ouroboros (proof-of-stake) with Ouroboros Genesis (proof-of-stake delegation). This makes it one of the most advanced blockchains in terms of research and development.
Q: What are some real-world use cases for Ada?
A: Ada can be used for value transfer, payment processing, decentralized finance (DeFi), supply chain management, and more. For instance, it can facilitate secure financial transactions without intermediaries or reduce costs in cross-border payments.
Account $10,000, risk 1% → $100 risk per trade. Entry $50, stop $48 → $2 risk/share → 50 shares. Target $54 (2R). If stopped, −$100; if target hits, +$200 (before costs).
Use an amount you can afford to lose while learning a repeatable process.
Decide a fixed risk % per trade, then divide by the price distance to your stop.
Match your timeframe: DAIly/weekly for swing; weekly/monthly for long-term.
Thesis, entry/exit, risk (R), emotions, result, next improvement.