Gokhshtein Sticks to ADA Despite Criticism: 'I'll Buy More'

Crypto commentator David Gokhshtein remains bullish on Cardano (ADA) despite growing criticism and its recent decline. The token has fallen more than 11% over the past seven days, with some investors expressing doubts about its potential to regain its former peak of roughly $3.10 reached in September 2021.

Gokhshtein, who owns ADA and has consistently maintained a positive view of the Cardano ecosystem, brushed off the criticism by saying 'I'll buy more, thanks.' This indicates that he remains open to purchasing additional ADA, despite its current price being over 93% below its former peak.

Gokhshtein argues that investors should focus on positioning and opportunity rather than emotion when making investment decisions. He questions whether investors should completely dismiss the possibility of ADA surpassing its previous record during another strong bull cycle. Other market critics, including Cardano stake pool operator Sssebi, have also outlined bullish long-term scenarios for the cryptocurrency.