Have not checked about it in detail but could say if you want to hold them for short term and make profits out of it then it's best but in long run if they didn't come up with new developments then it might get down the list on CMC so check for it and what graphs say about it and then invest after all the research.
It’s better to check from time to time since usually top coins become more stagnant and forget to have a good update so the investors can stay. DOT is still a good coin right now, but in the future its hard to tell. Just set up your target price and sell when you’re already happy. I’ll also advice to analyze further, know your budget and see if you can hold for that long before buying. You should not hold just because of any hype, this is already a big coin, probably very limited update left. 
Topic: Is it good to invest Dot for long term? What are your thoughts about Polkadot? - page 2. (Read 270 times)
July 16, 2022, 05:27:57 PM
July 16, 2022, 05:09:53 PM
And how much can the price of Polkadot fall? If 75% of the coins are blocked in staking and auctions for parachains, then this indicates that users do not want to get rid of this asset. Ethereum is staking about 12% of the coins, which is a big difference.
That is basically a show of force by Dot right now. However, what we need to actually handle currently is the fact that we shouldn't be really focusing on anything else. What this means is that we are in a situation where it would be difficult to end up with a problem, and that's just normal. What happens if people all suddenly decide to sell? Can you guarantee that it won't sell? How could you say that people will not start to cash out? We can't.It means that all we can say about Dot right now is "so far so good" which is a good enough reason to invest, but not enough to guarantee anything to anyone. That's how I approach it currently.
July 15, 2022, 07:19:13 AM
And how much can the price of Polkadot fall? If 75% of the coins are blocked in staking and auctions for parachains, then this indicates that users do not want to get rid of this asset. Ethereum is staking about 12% of the coins, which is a big difference.
July 15, 2022, 06:13:22 AM
So I have been reading about this Polkadot para chain for the last couple of days. I can see this Polkadot is massively grown parachain and there is much more to come. Sp Dot price now is at a good point. So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
If you find it attractive enough for you, then act on what you feel is right about it and the market. I think maybe talking about DOT we can say a lot of things as well as some things about some people who have held and gotten big profits with DOT. I completely believe in it, but it is only part of the story. In the plan to hold crypto assets together, over time, the balance between profit earned and spent will look up in terms of safety. And I think when someone can go with it for the long term, they have a better chance of benefiting from it. 
July 15, 2022, 01:45:34 AM
Have not checked about it in detail but could say if you want to hold them for short term and make profits out of it then it's best but in long run if they didn't come up with new developments then it might get down the list on CMC so check for it and what graphs say about it and then invest after all the research.
July 14, 2022, 11:00:18 PM
~ So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Former is usually a long-term investor's strategy (a higher rish, higher reward approach). Latter is normally done by traders (safer imo). Which one are you? If you prefer for DCA and hold, you might as well stake it in platforms like mycontainer for a 3.9% yearly return. Choice is always yours. DYOR.Of course I can't guarantee anything but that seems like the most logical thing right now, higher risk and higher reward is based on your talent, lower risk and lower reward is based on the market.
If you are buying it, and accumulating even more, that means that it's going to be based on the market and what it does. But, if you are trading, then you are not basing it off the market, it's about how good you are, because even while going down you may make profit, or even when it's going up, you may lose money all based on your talent.
Don't you think indicators and signals that you read as a trader also depends on market movements? Market and talent goes hand in hand in whatever strategy you're going to use.If you are buying it, and accumulating even more, that means that it's going to be based on the market and what it does. But, if you are trading, then you are not basing it off the market, it's about how good you are, because even while going down you may make profit, or even when it's going up, you may lose money all based on your talent.
July 14, 2022, 05:32:27 PM
~ So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Former is usually a long-term investor's strategy (a higher rish, higher reward approach). Latter is normally done by traders (safer imo). Which one are you? If you prefer for DCA and hold, you might as well stake it in platforms like mycontainer for a 3.9% yearly return. Choice is always yours. DYOR.If you are buying it, and accumulating even more, that means that it's going to be based on the market and what it does. But, if you are trading, then you are not basing it off the market, it's about how good you are, because even while going down you may make profit, or even when it's going up, you may lose money all based on your talent.
July 14, 2022, 09:22:29 AM
~ So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Former is usually a long-term investor's strategy (a higher rish, higher reward approach). Latter is normally done by traders (safer imo). Which one are you? If you prefer for DCA and hold, you might as well stake it in platforms like mycointainer for a 3.9% yearly return. Choice is always yours. DYOR. 
July 14, 2022, 09:04:48 AM
I think DOT is one of the coins that have the potential to increase because it is in the top 20 list.
It would be better if you do a DCA rather than buying in bulk at once because we know the price can go up and down at any time.
So, you can get DOT at a low price by doing that strategy.
But even though most of us say DOT is a potential coin, you should do your own research so you can decide not based on other people's research.
It would be better if you do a DCA rather than buying in bulk at once because we know the price can go up and down at any time.
So, you can get DOT at a low price by doing that strategy.
But even though most of us say DOT is a potential coin, you should do your own research so you can decide not based on other people's research.
July 14, 2022, 07:13:42 AM
So I have been reading about this Polkadot para chain for the last couple of days. I can see this Polkadot is massively grown parachain and there is much more to come. Sp Dot price now is at a good point. So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
52% staked tokenshttps://www.stakingrewards.com/earn/polkadot/metrics/
https://parachains.info/auctions/
A very large number of tokens are locked for 2 years in auctions for parachains. There are few tokens on the market, and their price is not growing. So the manipulators have not yet taken possession of most of the coins
July 14, 2022, 06:20:19 AM
When it comes to investing, everyone has their own idea. I'm personally quite optimistic about Polkadot, because I like how they handle issues with scalability and interoperability, it's up to you to decide if you're comfortable with the risks involved because no one knows if Polkadot will be a good investment in such a volatile market. against the current correction.
July 14, 2022, 06:03:27 AM
I haven't seen any issue with DOT and I think it's one of the top likeable projects in the market. It's not overrated, it's not also underrated. Well, by the look that it has right now. You can have it if you want but to think that you'll only buy when it breaks out, don't you think that it's even riskier?
If you believe to the project, you start the DCA right away until it breaks out and waiting for your time to take profit.
If you believe to the project, you start the DCA right away until it breaks out and waiting for your time to take profit.
July 12, 2022, 10:56:22 PM
So I have been reading about this Polkadot para chain for the last couple of days. I can see this Polkadot is massively grown parachain and there is much more to come. Sp Dot price now is at a good point. So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Every altcoin is on sale now, especially the top, this Polkadot I was also a fan of this when they started their parachain auctions but when the dumps started, even this altcoin was also devastated.For me, Polkadot is still early. With these dumps, expect that the short term is not good for most of the altcoins, especially this Polkadot, there are no excuses for sure.
But in long term, I want to see Polkadot excel, especially in DeFi, there are already operating platforms under Polkadot in terms of DeFi and it is a good start.
July 12, 2022, 10:29:05 PM
Why not? I have also added the DOT token to my portfolio. Dot token is suited for long-term holdings, and as a result, you need to do your own research and analysis before investing, as the token is not a shitcoin, and therefore it will not be able to give you quick gains. Bear market is still going on so DOT is not immune from the recent downtrend, Dot is falling sharply against ATH, this is a good time to buy and hold.
July 12, 2022, 07:59:00 PM
Undoubtedly Polkat dot is a good coin. Polka dot has been dumping a lot because the market is dumping a lot However, we can say that if the market is good, of course, all the best coins will increase a lot, we can understand that if the market is a little better.However, those of you who want to invest in the long run can certainly invest by buying Polkadot coins.
July 12, 2022, 06:06:55 PM
So I have been reading about this Polkadot para chain for the last couple of days. I can see this Polkadot is massively grown parachain and there is much more to come. Sp Dot price now is at a good point. So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Well, just to know that PolkaDot had existed for quite a long time and it did not belong to shitcoins, it has a market value and seems to have fortune. Adding this to your list is a good idea and likely a good investment as well. DCA is quite suitable when it comes to investing this time. It can't be certain but as these experts say Dot will grow further in the future. Sounds like an encouraging note that investors must consider. However, we still put some limitations on knowing the risk in the market.
https://changelly.com/blog/polkadot-price-prediction/#What_Will_Polkadot_Be_Worth_in_5_Years
July 12, 2022, 04:21:52 PM
Although Polkadot is another smart contract platform, a competitor to ETH, it has received very good support among exchanges, wallets and various services, so the native DOT token has a lot of applications, and the token has good tokenomics. So this token could make a good statement in the next bull run. I have allocated a place for DOT in my portfolio for long-term investing. I don't know if it makes sense to speculate and trade this token, but its potential is revealed in long term hold, and there is less risk if you invest in DOT instead of trying to trade it.
July 12, 2022, 03:11:48 PM
Do your own research, make your own analysis, draw your own conclusion and make up your own mind, that is the perfect way to invest in any coin, asking other users what their thoughts are about what you consider a potential investment could prove to be counter-productive for you; some might encourage the idea for whichever reason, and some others might oppose it, which leaves you confused and without any definite answer; if you believe in DOT then invest in it, i might not trust DOT to be a long term project, for obvious reasons actually, but if you do, then that is fine. Always DYOR.
Well, all of that require you to understand how crypto works. Yes you should do all of that, but newbies have absolutely no idea what and how those should be done and that is why they have trouble and just listen to others.It would be better if you could check poladot yourself, and understand where it is going. For me personally for example, it is not an exceptional one, and I believe you wouldn't make too much more profit from investing into polkadot compared to ETH for example. This means, why would I want to move away from ETH which I trust, and then I would be at risk with dot instead? Hence, why I try to make it work with the current situation at hand instead and not go for bigger risks.
July 12, 2022, 08:48:28 AM
So I have been reading about this Polkadot para chain for the last couple of days. I can see this Polkadot is massively grown parachain and there is much more to come. Sp Dot price now is at a good point. So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Don't wait for the breakout because that is already late to buy, if you do your analysis about DOT and convinced yourself that its a good altcoins to buy on a bear market, better to do it and trust your analysis. DOT is one of a good altcoin and have a good potential to rise again, If I have the extra money I will surely invest on DOT because they continue to grow, and for sure more updates to come especially on their services. 
July 12, 2022, 08:43:05 AM
I could say that Polkadot is good investment, though their price has been hugely affected by this bear market and surge for more than 50% but the project itself is great. The name of Ethereum co-founder as its founder and its unique utility that aim to connect multiple blockchain is one of the uniqueness that will make the polkadot survive and grow in this bear market and any future condition on general crypto market.
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