Does matic (polygon) worth to invest? - page 16.

LimLims

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Quote from: KennyR on July 23, 2021, 06:20:35 PM

Matic is one among the potential altcoin below $1 price tag at present. From the low bottom it has reached an ATH around $1.8 and now sitting around $0.9 which is quite a good price for investment. Users who got the opportunity to invest even lower doesn't find it the right time for investment. For long term hodlers it is really a good choice on the portfolio. As the Bitcoin value had turned bullish it is quite a hard thing to expect the drop in the value of matic for a long.

Yeah it might be a good option to invest if we see it in every aspect.
If someone wants to make good profit in small period of time, then Matic is the best option.
But yes as it’s altcoin, so there is equal potential of risk to be faced by the trader.
So if you have the capability of bearing losses, then yes go for it.

KennyR

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Matic is one among the potential altcoin below $1 price tag at present. From the low bottom it has reached an ATH around $1.8 and now sitting around $0.9 which is quite a good price for investment. Users who got the opportunity to invest even lower doesn't find it the right time for investment. For long term hodlers it is really a good choice on the portfolio. As the Bitcoin value had turned bullish it is quite a hard thing to expect the drop in the value of matic for a long.

Lexurdania

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Quote from: TribalBob on July 21, 2021, 08:41:20 AM

polygon are better than doge, where matic has a better price which has increased because the time is not like doge who fomo because of Elon's tweet. and I believe polygon are worth for long or short term investment

absolutely it is, doge have no utility at all and it just meme coin that early created only for fun. This coin become popular again after Elon's tweet but it doesn't change doge coin as good project. Doge more suitable called as speculation assets ,different with Matic which developt as good platform. Matic have bright future rather than doge, ecosystem will growth naturally.

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Quote from: LongStand on July 23, 2021, 11:33:04 AM

There are so many projects for investment but MATIC (polygon) is one of the cryptocurrency project which is consider as a safe and good choice for investment because it has low transaction fee and is good for long term investment. So I think that MATIC is absolutely good option for investment. Everyone should invest in MATIC.

Besides the reason for the low transaction costs, what are the advantages of the MATIC (polygon)? because if it only excels in transaction fees, then there are other projects that are superior to that with cheaper transaction fees than Matic.

LongStand

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There are so many projects for investment but MATIC (polygon) is one of the cryptocurrency project which is consider as a safe and good choice for investment because it has low transaction fee and is good for long term investment. So I think that MATIC is absolutely good option for investment. Everyone should invest in MATIC.

onecall123

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Quote from: TastyChillySauce00 on July 22, 2021, 10:42:32 PM

Quote from: SlimShadyMmp on July 22, 2021, 09:55:44 AM

Layer 2 with a plenty of cash locked up and may defi and NFT dapps developed for it Am sure you don't need to ask about it any more Is likely another bnb scenario we are looking at but just be cautious anything can go down there

Many said that this coin will go down once eth 2.0 fully released that makes the good feature this coin has become unnecessary but i think thats also not true. This coin could become the new BNB as you said because it already has many projects. Even if eth surpass this coin in term of technology im sure thid coin could still be alive for the next years and even growing.

A regular update is necessary to keep the crowd and the noise going! You got the picture to prove it eventually, don't feel bad about matic going down. Matic is an increasing good token with a high potential. Several events and projects are in the pipeline at the same time. Matic itself is a large project. I simply hold it.

RussianEnglishTranslation

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Matic will do well but FTM and NEAR have more upside potential.

TastyChillySauce00

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Quote from: SlimShadyMmp on July 22, 2021, 09:55:44 AM

Layer 2 with a plenty of cash locked up and may defi and NFT dapps developed for it Am sure you don't need to ask about it any more Is likely another bnb scenario we are looking at but just be cautious anything can go down there

Many said that this coin will go down once eth 2.0 fully released that makes the good feature this coin has become unnecessary but i think thats also not true. This coin could become the new BNB as you said because it already has many projects. Even if eth surpass this coin in term of technology im sure thid coin could still be alive for the next years and even growing.

rozak

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Quote from: horrifiedx1 on July 17, 2021, 02:20:36 AM

I agree with you. matic is indeed suitable for short-term trading. where don't hold it for too long, although it seems that nowadays many people believe it, but it would be better if we watched its development, I'm afraid we will be trapped in the hype system. or if we are curious then we can invest in it with a little capital

I don't think anyone should be curious about Matic, because it's clear that coins are good and good for investment, only for now it's better to invest in the short term because market conditions have not improved for all coins including matic.

the market is still risky for us to enter and invest in. but for MATIC I don't think there's anything to worry about. if there is a decline just believe, endure, and be patient. all will return in the future. This is related to the long term. but if you want to be safe, trading now and in the short term is better because there is a possibility of a dump market.

FinneysTrueVision

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I think one of the things holding Matic back is that you can't easily get it directly on Polygon. If you want to do some trading on a DEX then first you will need to bridge through Ethereum and pay high gas fees. The high fees to get started is one of the biggest drawbacks but once you are on Polygon then the fees are extremely cheap. Enough people are okay with the tradeoffs, that is why we see rising adoption of Matic and the Polygon network. There are already some popular dapps like Aave and Sushiswap available on Polygon.

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Layer 2 with a plenty of cash locked up and may defi and NFT dapps developed for it Am sure you don't need to ask about it any more Is likely another bnb scenario we are looking at but just be cautious anything can go down there

ahmia39

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Quote from: liqidoxgen on July 21, 2021, 02:53:02 PM

Matic carries with it real, modern and useful technology. While Dogecoin is only a joke, it does not contain any important application. If tomorrow, some Elon Musk stops fantasizing about Doge, then this token will again be at the bottom and no one needs it.

True, some people need Dogecoin just because they expect the next pump when Elon Musk tweets again so it's clear that no other application is really useful on Dogecoin, unlike Matic where the platform is also live and used by several projects in the crypto space.

liqidoxgen

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Matic carries with it real, modern and useful technology. While Dogecoin is only a joke, it does not contain any important application. If tomorrow, some Elon Musk stops fantasizing about Doge, then this token will again be at the bottom and no one needs it.

ahmia39

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Quote from: TribalBob on July 21, 2021, 08:41:20 AM

polygon are better than doge, where matic has a better price which has increased because the time is not like doge who fomo because of Elon's tweet. and I believe polygon are worth for long or short term investment

That's clear, even though Dogecoin is a very old coin in crypto and even longer than the lifespan of polygons in crypto, but in general polygons are definitely better than meme coins like Dogecoin.

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polygon are better than doge, where matic has a better price which has increased because the time is not like doge who fomo because of Elon's tweet. and I believe polygon are worth for long or short term investment

ahmia39

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Quote from: indo1 on July 18, 2021, 09:43:22 PM

I agree matic (polygon) is a good option to invest in, the coin once gave me a 30% profit with a short time, I strongly support this coin, even I made this as my favorite coin list. but at the moment, I am waiting for the market to recover, while still seeing the development of polygon

It's amazing when you can get up to 30% profit from matic (polygon), but know that other benefits on matic (polygon) will definitely be different because I very rarely find the same profit on the same coin at different times.

TheGreatPython

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Quote from: LittlePrinceCat on May 27, 2021, 12:37:39 AM

Many people claim that matic is better than dogecoin after the recession last week. Do you agree?

Personally, I don’t invest in any of these two and I think they are both the same thing, and I wouldn’t rate any above the other. They both pumped this year and also the both has been dumped heavily. Although Dogecoin seems to have had a bigger run this year than MATIC.

I don’t invest in any of them, but if you ask me which is better , I think dogecoin is better. Don’t get me wrong, Polygon is a good token, but looking at the aim of the project, it is also one of those tokens with plans to overcome Ethereum, which never works. ETH 2.0 is on the way, I wonder what’s going to be the case with these tokens. Dogecoin is something else on its own, and I think the community kind of got a bit stronger as of recent, compared to what it is before. They are now a bit more active.

tbct_mt2

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Of course, many people will choose Matic over Dogecoin because the development carried out by matic is superior to doge coin, I think Matic is also a good coin to be a long-term investment because in the future there will be many projects that will adopt polygons because it is believed to be able to provide more transaction solutions fast.

Projects need to have real products and real usecases in order to be accepted and grow well on the market. Dogecoin only have the latter one, usecases but even about usecases, Matic has more than Dogecoin. Currently, Matic is better and in the future it will be better.

Dogecoin get adoption from exchanges, gambling sites and merchants but in the future, with good developments, Matic will become better and better only.

Dogecoin has one thing Matic has not had for now, Lindy effects. In the future, with more years in crypto market, Matic will achieve the same.
The two types of Altcoins, an investor's view

Quote

DOGE achieved SoV because of Lindy Effect. It's listed on nearly all exchanges, it's supported by most wallets, it has a liquid market.

Note I didn't say it has cutting edge technology, scaleability, fancy smart contracts, governance, or has solved sharding. I point this out to mock the common thought train that you need innovation and cutting edge tech to build value in your coin. These are monetary instruments, they build value with economic network effects.

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Quote from: Traderbtcc on July 18, 2021, 02:02:21 PM

Quote from: RussianEnglishTranslation on July 16, 2021, 03:36:19 AM

Quote from: LittlePrinceCat on May 27, 2021, 12:37:39 AM

Many people claim that matic is better than dogecoin after the recession last week. Do you agree?

Matic already increased 9000%, NEAR protocol is a competitor to Matic and it hasn't mooned yet.

Wow that's some high ROI right there, when they started I never thought it could generate such high ROI, atleast this shows that matic is far off dogecoin, also about NEAR Protocol I believe Near will do better than Matic in the long run, I can't even compare both since Near is a L1 while matic is an L2 on ETH network, judging by the price of Near now I believe it would be worth more in the future, it could go up to $20 to $50 who knows, but one thing I can say is that we are still EARLY on NEAR.

That's exactly what I'm trying to say. NEAR has more upside potential and if you look at the tech, it's the best solution for scaling Ethereum.

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I agree matic (polygon) is a good option to invest in, the coin once gave me a 30% profit with a short time, I strongly support this coin, even I made this as my favorite coin list. but at the moment, I am waiting for the market to recover, while still seeing the development of polygon

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