Is Polkadot DOT a good investment q1 2022

lepbagong

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Quote from: Ngewex Yuk on January 04, 2022, 10:51:00 AM

Polkadot is very feasible for us to make as an investment destination, they are working according to the roadmap and what is happening in the market is real from the community, and I am always optimistic that polkadot will continue to rise even though with a small percentage.

Yes, I think you are right because if you look at the DOT chart it is very good and the improvement from the beginning has clearly been well organized and the development continues and I think we deserve and deserve to be invested even though at this time everything is in a red state, but DOT can still maintain not to drop drastically, it can still keep prices fairly stable.
So in the future, if everything has improved, DOT will quickly be able to record ATH again.

shinratensei_

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Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot.

it sounds good but im still waiting for the mass migration to the polkadot. So many projects launched through various polkadot launchpad didn't use polkadot as its parent chain. that makes me feel skeptical about the future of dot once it will be only used as a method by the project from another blockchain to raise the funds but they will be developing their product in another blockchain. that being said that the adoption will be less as fewer dapps build in the blockchain means people will have less ability to make their tokens became useful for that. Dot is a good investment not only for the first quarter of this year but this will remain a good investment to be used for long term hodlers even until the next year. More platforms joined in the polkadot ecosystem and that makes it become even stronger but im only waiting for more dapps especially metaverse to come to the DOT.

Jaered

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Polkadot has always been a good one to keep your money on. Always doing fairly well in a bear market like we have now. And with the parachain auction thing going fairly well, I would say yes, its good

Wawa2013

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Quote from: Lizzylove1 on January 04, 2022, 02:55:49 PM

Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot.

Polkadot is not a stablecoin but a volatile altcoin just like every other. It's a great project, The few I have left have been staked in their parachain unction. It's one of the competitors with ethereum.

If someone thinks Polkadot is a stable coin, it looks like that person needs to learn more about the crypto world. Because Polkadot is not
stable coins, because the price of Polkadot is very volatile, so we can make a profit if we invest in Polkadot. If we look at Polkadot's performance
during 2021, it is very extraordinary, even in 2021 Polkadot reach the ATH price. Even though the price of Polkadot has fallen quite a lot now,
but if we look at the high demand, I am very optimistic that Polkadot will recover soon. So my suggestion to buy Polkadot in early 2022 is
very good, because based on the analysis I did, the possibility of Polkadot at the end of 2022 will rise very high and can provide large profits.

jaberwock

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Quote from: Imran232 on January 04, 2022, 08:29:58 AM

Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

Yes, if you can hold it for the medium term, it is one of the best coins among the market's top altcoins. There are lots of reasons why. One of them is the loyal community. Yes, the polkadot community is so loyal, and we know it if we see dot aution. Not only that, but dothas a huge number of fans like Cardano, which will help to push the price up. So we can say "yes, it has a future and in the future its price will go up definitely." Still, if you want to invest, I suggest doing research on your own to find out which will be better for you.

I would not say that it is by far the best one, but it is certainly a good one. I believe that we are talking about a good decent mid level coin here. By mid level, I do not mean like it is 1000th best coin, since we have 10k+ of them, I just mean that on the scale of "bad-middle-good", I would put this in the middle.

There are of course very little good coins for me, maximum of 20 coins could be good right now if you ask me, all others are either middle or bad. Obviously thousands are bad, but the middle ones are like 50 of them around at least, so between 20 good and 50 middle there are like 70 coins total I would invest ever. So this means Dot is in there, and that's good, I would definitely put it in my favorite top 30-40 right now. I am saying this because I do not want people to think that I am bashing something I dislike, I like it, I still do not think that it is a "top coin" right now.

harizen

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Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

Polkadot can't be considered a stable coin. It's different from the real stable coins on which is why they are called "stable" in the first place. The same as other altcoins, it has a speculative price and is subject to crypto-market volatility.

If your fearless research and analysis tell you that Polkadot is a good choice then trust your judgment. From there, now continue to lurk on that coin regularly and see if it makes sense to be involved here for the long term. We have different preferences about what coins to choose that's why we need to take action by doing a self-research and see on the way, if we are in the right direction or we need to shift gears and choose other coins.

Lizzylove1

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Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot.

Polkadot is not a stablecoin but a volatile altcoin just like every other. It's a great project, The few I have left have been staked in their parachain unction. It's one of the competitors with ethereum.

Ngewex Yuk

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Polkadot is very feasible for us to make as an investment destination, they are working according to the roadmap and what is happening in the market is real from the community, and I am always optimistic that polkadot will continue to rise even though with a small percentage.

oHnK

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In this new year, Dot is hot to be owned. I just read the news which relate with Dot especially in DeFi. For short term investor, this is the momentum of buy and hold some proportion of Dot. You can read the news from this site.
https://www.coindesk.com/tech/2022/01/04/dex-aggregator-dot-finance-migrates-to-polkadot-from-bsc/

Although Dot didn't has a huge movement such as Shiba Inu, but here you still have a opportunity to reach some profit.

goldkingcoiner

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Polkadot is going to start picking up pace, in my own personal view (which isnt investment advice). Next to Avax, Sol and Ada, Dot is going to go big. They are big contenders for the new DeFi generation and I believe this is their year. Thats why I am invested in all of them.

It really depends on the route that DeFi will take next and which protocol's will be most suited for that route. Lets wait and see... Cool

indo1

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Polkadot has made dozens more token sale projects in their incubator ecosystem successful and generated more than 10x the return. I think polkadot sangt is suitable to be an investment advice in this year. The discount price continues to this day. When buying is now.

masterrex

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Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

What do you mean by top 50 Stablecoins? Polkadot is not a stable coin in fact it was also experiencing some weird fluctuation, just like any other cryptocurrency in the market, Anyway the Polkadot network has its own groups of project tokens and I don't think there is a popular stable coin that has using Polkadot Network at this time. back to your topic, I don't think we can exactly predict what was the outcome of the first quarter of 2020 so technically we are just speculating the possible outcome for that particular period.

Gudhal Untu

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Don't be afraid to invest in Polkadot, this is a strong token and has a high reputation because it is currently ranked 9 out of more than 16k, I also invest in Polkadot and will make it for the long term or more, however of course I will continue to follow the latest developments from Polkadot.

Imran232

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Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

Yes, if you can hold it for the medium term, it is one of the best coins among the market's top altcoins. There are lots of reasons why. One of them is the loyal community. Yes, the polkadot community is so loyal, and we know it if we see dot aution. Not only that, but dothas a huge number of fans like Cardano, which will help to push the price up. So we can say "yes, it has a future and in the future its price will go up definitely." Still, if you want to invest, I suggest doing research on your own to find out which will be better for you.

Wildwest

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At the beginning of this year many coins that we can invest one of them polkadot, because for now many coins are in decline so that we who have a lot of capital is very suitable to hold some potential coins, then in this case polkadot is one that we must hold, and there are also some other coins that we can monitor such as bnb, Solana and Ethereum because the coin is currently very interested by many investors.

GreatArkansas

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After when the Polkadot started their parachain auction, the hype started to slow and prices started to fall down same with other altcoins too.
With this Parachain auction event of there, I can say that it is somehow neutral, just hype at the beginning and we saw a price action happen on Polkadot when they announced their Parachain auction, for only Q1 2022? I don't say it is good for that timeframe only as I am looking forward to long-term on Polkadot, not only 1 quarter.

Kodok Bencot

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Looks like the market is still red until at least this january, i'm sure a positive trend will occur in february, but now is the best time to continue buying polka dots because we still get cheaper prices.

Pahom

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Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

DOT is not stablecoin. Stablecoin is a token that doesn't change its price so it is stable (USDT, USDC, DAI), but DOT is a native token of Polkadot blockchain and it changes its price within time.
Personally I am optimistic about its price, I believe that it will grow in the long-term as a lot of good projects that develop the Web3 appear on it and I think that the ecosystem of Polkadot will be really huge.

CryptoYar

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Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

It isn't a stable coin/token but yeah it could be a good investment not only for Q1 2022 but for the long term.

Keep in mind that here everyone will tell you their opinions, in reality, no one knows what will happen in future.

Coin_trader

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Quote from: ice18 on January 04, 2022, 03:17:53 AM

Quote from: swiftxi on January 02, 2022, 10:09:15 AM

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

What do you mean top 50 stablecoins? If I'm not mistaken there are only limited stable coins on the crypto market right now, most popular is USDT and USDC, Polkadot is not a stable coin its a coin. Maybe you are confuse about a coin and a stable coin its different. To answer your question about Polka, I can say yes, In my own opinion its a good pick for long term holding.

True but I think he mean is stable coin in terms of price volatility is not that high compared to other shitcoins out there. Yeah Polakadot is good since its a Blockchain project that has a strong community but if your goal is to achieve more profit but less risk, You should choose more new rising star blockchain project like TLOS, KardiaChain and Flux

Topic: Is Polkadot DOT a good investment q1 2022 (Read 350 times)