Is Polkadot Good For Future? - page 4.

shogun47

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Quote from: kpierce77 on April 26, 2021, 03:03:08 PM

Quote from: ahmia39 on April 26, 2021, 02:06:13 PM

Quote from: mulia sabee on April 24, 2021, 03:30:11 AM

yes, polkadot are well known as a good token, and some even argue that polka dots are an asset for the future if the current investment is aimed at polkadot.

In general Polkadot is indeed a good asset but I don't really like Polkadot at this point, because my heart still really likes SXP, TKO and BNB, because those three tokens always give me a gradual advantage in the trades I run now.

Comparing Polkadot and BNB may still be quite relevant, but the other two are not relevant because they have different use cases. Polkadot is currently developing, many are now switching to using polkadot because you know, the high ethereum gas and also maybe the scaleability of polkadot is even better than ethereum.

I am not sure if that still counts, but advantages often come at a cost elsewhere. Is Polkadot as decentralized as Ethereum? I don't know much about it, but my guess would be that Ethereum is more decentralized, hence slower and more expensive when it comes to transaction fees. However, it should be more secure as well if my hypothesis about decentralization is correct.

kpierce77

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Quote from: ahmia39 on April 26, 2021, 02:06:13 PM

Quote from: mulia sabee on April 24, 2021, 03:30:11 AM

yes, polkadot are well known as a good token, and some even argue that polka dots are an asset for the future if the current investment is aimed at polkadot.

In general Polkadot is indeed a good asset but I don't really like Polkadot at this point, because my heart still really likes SXP, TKO and BNB, because those three tokens always give me a gradual advantage in the trades I run now.

Comparing Polkadot and BNB may still be quite relevant, but the other two are not relevant because they have different use cases. Polkadot is currently developing, many are now switching to using polkadot because you know, the high ethereum gas and also maybe the scaleability of polkadot is even better than ethereum.

rahmathidayat93

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Quote from: prosperoustop on April 26, 2021, 02:18:21 PM

moreover I think it could be in top 3 of coinmarket, I have invested and want to wait till the end of this year, thinking PolkaDot have big potential!

If Polkadot becomes the Top 3 in coinmarketcap, then what Polkadot must shift is BNB, so if we think logically, will Polkadot be able to do it? considering the development of BNB is in a good trend at the moment where BNB also has a lot of strong support from several other parties.

KryptoKings

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Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

Many people was in same dilemma when eth price was $50. They were not sure if it's price will ever reach four figures.
But now today we know those who bought at that time and hold, now are in huge profits.
If someone buy dot today and can hold for just 1 year, he will make 100 times profit for sure

prosperoustop

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Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

moreover I think it could be in top 3 of coinmarket, I have invested and want to wait till the end of this year, thinking PolkaDot have big potential!

ahmia39

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Quote from: mulia sabee on April 24, 2021, 03:30:11 AM

yes, polkadot are well known as a good token, and some even argue that polka dots are an asset for the future if the current investment is aimed at polkadot.

In general Polkadot is indeed a good asset but I don't really like Polkadot at this point, because my heart still really likes SXP, TKO and BNB, because those three tokens always give me a gradual advantage in the trades I run now.

mulia sabee

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yes, polkadot are well known as a good token, and some even argue that polka dots are an asset for the future if the current investment is aimed at polkadot.

noormcs5

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Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

You asked this question in February when Polkadot was very cheap. I hope many people would have accumulate DOT at that time. However, due to the recent dump, the polkadot price have also fallen down and you can buy as many DOT coins as possible under 40$. In coming days we can see polkadot near 100-200$.

MUG1WARA

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Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

Polkadot is a very good good because of its features, it is compared to Ethereum so you should know what that means, Polkadot is a really project and its still growing its community, although it's not all that popular like Ethereum but I think dot will do exceedingly well in the future, if you are planning to invest in it then do that, cause it's certain that it will pay of someday dot is a $100 coin, buy and hold now its still early.

bandungan

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polkadots have potential, but we should not get your hopes up with polka dots if we can't turn a coin into a big profit. because what we know is that any coin can certainly provide profit, including polkadots. but for maximum profit we need to process it well

sulis sudibyo

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Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

the development of defi is not always in line with the progress of the Dapps platform, so don't confuse these two. But if I ask about whether DOT is good in the future, I'm sure it will be. now they have grown, even though their users are still low. DOT network is very good, this is one reason why in the future DOT is good.

RazerCrypto25

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It will definitely be good in the future. Many are saying that it's the ETH killer but I don't think it can do that. It will rather add to the future ETH already has. There are many projects like this that are seeing the potential of Polkadot and I believe many more will follow in the future.

Alohadanc3

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Yes it is. For me it's a bit g yes if you want to buy or hold polka. Polka is a very big project with a good community nwhich isnstill on process With large backkers. And most of the project wasn't able to build what they promised. But polka is doing really great. Atleast they are mmakinghsks ecosystem very carefully. And that very much needed. They partners eith a lots of project. Many of them already try to shift in dot. And I think after 1-2 years dot will hold a good position in the market.

ethtrader16

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How do we get more polkdot free or via bounty? Is anyone have ideas about it?

ahmia39

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Quote from: Cornia on April 08, 2021, 06:48:58 AM

Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

Polkadot Coin is one of the most successful DeFi coin now a days. Although it is a relatively new coin, it is now a very popular coin. Not only popularity but also potential coin and its market cap is also satisfactory. So I think you can invest in Polkadot Coin.

True, there would be nothing wrong if someone chose Polkadot for their investment at this time, because it has been proven that the Polkadot token can provide benefits for those who invest in it so that its position is in a good category even though in its age it can still be said to be new in cryptocurrency.

Cornia

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Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

Polkadot Coin is one of the most successful DeFi coin now a days. Although it is a relatively new coin, it is now a very popular coin. Not only popularity but also potential coin and its market cap is also satisfactory. So I think you can invest in Polkadot Coin.

leea-1334

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Quote from: ?? on ??

Why not? The same was asked about Binance when he conducted one IEO after another. The same thing is happening now with Polkastarter.
IDO for IDO giving big Xs to all investors, this is a truly golden age of investment for cryptocurrencies. No other market is growing so rapidly. Obviously, if Binance coped with its long-term task, then Polka can.

True enough. And when Binance IEO Launchpad projects started to fail and lose even from Day 0 of listing,,, they simply just stopped talking a lot about it and started taking less projects,,, then made their own other products like BSC and now derivatives.

Polka can copy this strategy and take advantage while it lasts.

TheGreatPython

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Quote from: ?? on ??

Why not? The same was asked about Binance when he conducted one IEO after another. The same thing is happening now with Polkastarter.
IDO for IDO giving big Xs to all investors, this is a truly golden age of investment for cryptocurrencies. No other market is growing so rapidly. Obviously, if Binance coped with its long-term task, then Polka can.

I think the difference between Binance (and bnb) versus Dot is the fact that Dot is a project based on nothing behind it but the tech whereas Binance is an exchange so they kept making money from all the traders and they will keep making a profit as well, so they will never be poor and since they became the biggest exchange in the world that means we are talking about a team that could buy back a lot of bnb whenever they want and burn it and they wouldn't lose too much money, if they buy bnb they will be spending money but by burning it they are making the bnb they own worth more so they are still in profit.

Whereas Dot is not like that, team is not a super rich one, even though they do have some money they are still not super rich, which is why I think it is still a bit different. That is why I think it is quite important that we do not end up comparing the two equally.

Banulit

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Quote from: DanielBroonze on February 17, 2021, 09:51:42 PM

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

Polkadot definitely have a spot as one of the altcoins that can bring a very good future for us especially that it is being labelled as one of the ethereum killer and now that ethereum blockchain cannot fix its problem, in the longer run polkadot will definitely out perform and out rank ethereum and will definitely fly to the moon it just need to take some time.

LUCKMCFLY

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This particular article catches my attention:

Polkadot futures open interest hits $1B as DOT price reaches a new ATH

Quote

Using the figures from April 5, one can see how "illiquid" DOT's books were when compared with XRP and Litecoin. According to Staking Rewards data, 65% of DOT in circulation is locked up in staking mechanisms. Regardless of the reason behind the smaller bids, it creates a potential risk during relevant liquidations.

Source: https://cointelegraph.com/news/polkadot-futures-open-interest-hits-1b-as-dot-price-reaches-a-new-ath

Here it is notable that investor interest in Polkadot is noticeable, it is likely that they can find or seek long-term profits. I don't know how many Polkadot followers there are in the forum, but I see that Dot is really hot, despite the correction now in Bitcoin that is little, it looks good.

Topic: Is Polkadot Good For Future? - page 4. (Read 3005 times)