Cardano is generally considered a safe investment. However, like all cryptos, the ADA coin is volatile and carries a high risk. However, the team behind Cardano is well-trusted and reputed in the blockchain community, with founder Charles Hoskinson being a co-founder of Ethereum. Additionally, as a Layer 1 project, ADA is its own coin on a separate blockchain, providing greater independence from other projects. Staking options are also available, allowing investors to earn passive rewards while holding their ADA in staking pools.
