Is it time to invest in Polkadot? - page 5.

btcdie

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Quote from: xZork on October 28, 2020, 02:51:17 PM

Quote from: btcdie on October 28, 2020, 11:26:21 AM

Is it time to invest in Polkadot?

Yes for investors, but no for traders. Currently almost all alt has been dumped by investors/traders and focus or switch to BTC. Before you miss the train, DOT is very suitable to put in a bag. I believe in Polkadot (DOT), this project is very ambitious. Many people say that DOT will put ETH position sometime in the future, because basically ETH 2.0 is too much delay and can be said to be too late. this is just my opinion. But until now it remains "ETH The King Alt".

In the past, there have been many coins claiming to surpass Bitcoin or ETH, but up to now, there is no one that can do it. The majority of projects declare this to be just to advertise and entice investors.
Maybe in the future there will be a project that will actually replace ETH, but I don't think it is the Polkadot project.

Yep, currently the Polkadot advertisement is to replace ETH position, with the aim of attracting more investors. If ETH 2.0 fails it is highly likely that Polkadot will replace it, because Polkadot has taken it one step further. the Polkadot project is very ambitious, has evidence of real use cases, and a broad community. Of course I did not waste this opportunity.

Btra

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MYID

Polkadot is a very good coin which is also representing a Defi project. That's why it is seen a growth of thousandth percent in a very short time. But, do very late for the investment in this coin. But, If you are decided to invest in this coin then invest a very small amount of your funds say; only 10% of your total funds. This because it will grow further if the market will go further means depend on Bitcoin growth.

kaseygriffin

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Quote from: zasad@ on October 28, 2020, 08:54:21 AM

My last article

Why I don't buy Polkadot now
https://bitcointalksearch.org/topic/why-i-dont-buy-polkadot-now-5272296

Disclaimer: This article is educational. Do not consider this material investment advice!

More than 250 projects are being developed at Polkaot
https://polkaproject.com/

There are a lot of interesting projects here that are building bridges for interaction with BTC and ethereum and are developing their DEFI ecosystem.

Latest interesting news:

RockX launches $20 million investment program for the Polkadot ecosystem
https://cointelegraph.com/news/rockx-launches-20-million-investment-program-for-the-polkadot-ecosystem

"Digital asset development company RockX has launched a $20 million investment program to support the Polkadot (DOT) ecosystem over the next five years. The funding, capped at a maximum of $500,000 worth of DOT tokens per project, will be provided alongside technical support from the team’s developers. In return, the firm will receive tokens or equity from supported projects."

https://www.plasmnet.io/
Plasm Network is about enabling layer 2 technology on top of the Polkadot Network

https://docs.plasmnet.io/learn/lockdrop
Plasm Network absorbed more than 137,000 Ethereum on 2 lockdrop.

https://acala.network/
A decentralized finance hub and stablecoin platform

Polkadot-Based Acala Raises $7M as DeFi Grabs Land on Another Blockchain
https://www.coindesk.com/acala-polkadot-defi-7m-pantera-saft

Tokenized Bitcoin is Coming to Polkadot in Q1 2021
https://decrypt.co/45168/tokenized-bitcoin-is-coming-to-polkadot-in-q1-2021

Bitcoin is Coming to Polkadot
https://polkadot.network/bitcoin-is-coming-to-polkadot/

binance research
https://research.binance.com/en/projects/polkadot

I wrote you only a few basic news, but what will happen next?

I have also been interested in Polkadot since about the beginning of this year, when their growth markers were reached at a certain state of growth. One thing that makes me grateful to Polkadot as well as other major platforms is the use of wallet on the platform, it is really different from the rest. Along with Polkadot, Plasm is also a project that I have invested.

shoreno

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Quote from: kidbounty on October 28, 2020, 09:24:25 PM

although a little late but now is the best time to invest in Polkadot.

its not late if its the best time . polkadot was new in my opinion . they say it was a good projects because of the people behind it and its upcoming developments . the price of the dot coin can possibly grow big in the late future .

Quote from: kidbounty on October 28, 2020, 09:24:25 PM

I think the project is the most ambitious project this year, they have a pretty fast progress in development. I'm sure this will be one of the best investment investments.

not ambitious because when you say ambitious it sounds like they have a big plans without taking an action or they cant make thier big plans happen but i think polkadot is not like that , i already state a few reasons earlier . you can say that they are one of the big and realistic project by this year

xenon131

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Nihil impunitum

Quote from: Anarchy101 on October 29, 2020, 02:21:52 AM

Right now, I am heavily invested in DOT.

Probably not bad decision. If you are BitMex trader you may have the opportunity to leverage the income from investment into DOT as that exchange gonna add DOT into its "quanto futures contracts." This is expected to happen at the end of year and apart of that they said "PolkaBTC set to go live in 2021" which will add more value to DOT itself

Kvalentine

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Polkadot is very promising but don't put your eggs in one basket, I believe that Polkadot will increase alot few years later but because nothing is certain in this life I advice you should invest in few other coins too, just make Polkadot a part of your portfolio, it's not bad if you have 5 good altcoins in your portfolio

Francis Freeman

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Sovryn - Brings DeFi to Bitcoin

The polkadot ecosystem which is a large one and too complex to understand (atleast for me ) is really interesting and they bare building it to be the foundation of web 3.0 and they have already established a large fund for donations for web 3.0
But the price seems too high for my liking to invest before looking at how the ecosystem develops.

Anarchy101

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Polkadot still has a lot of hype behind the project especially because of Gavin Wood. Tons of developers moved their focus from ETH to the DOT ecosystem. DOT can really pull next ethereum but, it can't replace ethereum (IMO).

Right now, I am heavily invested in DOT.

kidbounty

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HELENA

although a little late but now is the best time to invest in Polkadot. I think the project is the most ambitious project this year, they have a pretty fast progress in development. I'm sure this will be one of the best investment investments.

btc-facebook

legendary

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I'm not sure how everyone will respond to this thread, because there is a lot of news about Polkadot and there is even an investor who gave a $20 million fund,
Polkadot has great potential like the DeFi Project in general because now DeFi is the newest cryptocurrency trend.
My advice for investors with limited funds who want to invest in Polkadot, invest at least 10% of the funds you have, the rest you can use for major coins like Ethereum which is clear and has high liquidity.

Johnyz

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Quote from: maxreish on October 28, 2020, 07:22:17 PM

Recently, polkadot joined the top lists in crypto coin. But it was down around 8% from it's price as of today that urge me to buy some since the objective is clearly for connecting several chains. It's not appropriate to judge it easily, as we know polkadot is trying to impress us by introducing more developments on their projects.

And what I am interested the most was the co founder of Ethereum Gavin is also the founder of polkadot which makes me think that this project will also be taken seriously like how eth does.

Gavin has a great impact on this project and yes, Polkadot was able to land on the top list and looking on its all time high compare to its price today, I also believe that this is a cheap token so grab this now because they keep on growing as expected. If you believe on Polkadot's future then now is the right time to buy more while its cheap and you also have to look at the market status right now, we are heading up and Polkadot might join the up trend soon.

maxreish

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Recently, polkadot joined the top lists in crypto coin. But it was down around 8% from it's price as of today that urge me to buy some since the objective is clearly for connecting several chains. It's not appropriate to judge it easily, as we know polkadot is trying to impress us by introducing more developments on their projects.

And what I am interested the most was the co founder of Ethereum Gavin is also the founder of polkadot which makes me think that this project will also be taken seriously like how eth does.

aemma

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Most times i think it is good giving a project enough time to develop before thinking of holding long term, this is because of the untrustworthy nature of most projects nowadays, just a random thought.
Although Polkadot is a good project with many projects onboard it already, but how far do we think it can get, considering the fact it got much attention this year. What about when the going gets tough, just like in the case of other blockchains that were claiming to be better than Ethereum, will upcoming or already existing projects still find it good for launching on?.
Nevertheless, considering its unique features which I find attractive and in my own opinion, i will keep watching it to know the right time to get involved, but not likely now because i need to see how committed the team are towards their goals from next year.

xZork

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Quote from: btcdie on October 28, 2020, 11:26:21 AM

Is it time to invest in Polkadot?

Yes for investors, but no for traders. Currently almost all alt has been dumped by investors/traders and focus or switch to BTC. Before you miss the train, DOT is very suitable to put in a bag. I believe in Polkadot (DOT), this project is very ambitious. Many people say that DOT will put ETH position sometime in the future, because basically ETH 2.0 is too much delay and can be said to be too late. this is just my opinion. But until now it remains "ETH The King Alt".

In the past, there have been many coins claiming to surpass Bitcoin or ETH, but up to now, there is no one that can do it. The majority of projects declare this to be just to advertise and entice investors.
Maybe in the future there will be a project that will actually replace ETH, but I don't think it is the Polkadot project.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

I don't know much about the project, but I remember that I bought that token at $3,90-$3,95 and the price now is $4,22. Nice to see the small profit that I can get, but I don't sell it right now, and I want to hold this token. I hope that the token is not back to the price I bought, but the price can increase. I don't know if that token can increase high or stay at the current price for a while, and I lack information about the token. I think I buy the token for testing how good the token at the market.

btcdie

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Is it time to invest in Polkadot?

Yes for investors, but no for traders. Currently almost all alt has been dumped by investors/traders and focus or switch to BTC. Before you miss the train, DOT is very suitable to put in a bag. I believe in Polkadot (DOT), this project is very ambitious. Many people say that DOT will put ETH position sometime in the future, because basically ETH 2.0 is too much delay and can be said to be too late. this is just my opinion. But until now it remains "ETH The King Alt".

ilovealtcoins

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SmartFi - EARN, LEND & TRADE

Although they have many new projects developing on Polkadot, it needs to be known and used more often by everyone. At least it should be as popular as Ethereum for its convenience, usage habits, and rich ecosystem.
The RUST programming language will not be well received by developers because of its confusing and difficult to control. Ethereum's SOLIDITY seems easier to implement smart contracts, so it's easier to engage developers.

In terms of investing in Polkadot, it is too early because this project has been overblown and difficult to increase in value. If Polkadot offers further discounts I will consider investing in it.

articlecity

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https://blockmembers.io/

I am quite confident about polkadot both as a project and investment, especially with the wide range of services and products that polka dot aims to launch is highly commendable, Im sure polkadot will be a longterm winner.

TanakabZX

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It's still very early to get Into Polkadot now, I have positive feeling about this project just because of the team and the project use case, this is for those who like holding coins for long term, this project will worth alot in near future but mind you this isn't an investment advice, I'm much more into taking my profits that holding for long time

Coyster

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Quote from: zasad@ on October 28, 2020, 08:54:21 AM

"Digital asset development company RockX has launched a $20 million investment program to support the Polkadot (DOT) ecosystem over the next five years...

If they're talking about development/support for the next five years, looks to me like the polkadot ecosystem may actually have something to offer the altcoins network, now and in the long run and it 'could' be a sign of a good investment; I don't know too much about polkadot cause I consider altcoins and their projects as only short term investments, but for those that don't, they could put a fraction of their funds here and see what happens with polkadot's development as time goes on.

Quote from: Bttzed03 on October 28, 2020, 10:11:49 AM

What I don't like is how people are calling it as "Ethereum killer". I mean, how many projects have tried in the past? Remember EOS in the beginning and where it stands now?

People would always do that when there's a good project up in the altcoin network, I don't know if it's purposely to put more hype to the project cause they prolly have invested in it, but many times over, it turns out it wasn't actually an "ethereum killer". Polkadot should simply/solely focus on the development of their own ecosystem.

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