If you are planning short term, I think you shouldn’t invest now. It may go further low within this month and $7-$8 would be a great opportunity to have position.
On the other hand, if you are planning long term, I think this is a wise decision to invest in DOT now. However, following DCA would be the best strategy.
Topic: Polkadot Price Down – Time To Buy DOT? - page 3. (Read 350 times)
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
As far as I know dot is a good coin, Polkadot is a solid project with standard and high quality team behind it, great ecosystem as well, still has more room to grow, so to see the price of dot and several similar projects drop in price is an opportunity to buy them low, nobody can precisely predict where the market is going and what the price would be, but if you have a long term goal in mind, it will make sense more, Polkadot is a long term project.
I can't say anything directly about Polka, but generally about the current altcoin market. I think you've also noticed that we've been in a bear market for a few weeks. Initially, prices fell abruptly and for several weeks they continue to fall but much slower. Slowly but steadily. So far there is no bottom visible. It reminds a little of the phases after the highs in 2013 and 2017. The bear market can still go further, so buying is currently still not recommended.
There's no guarantee that it will come back its price again. so it will be a gamble if you want to invest right now. you can try it but remember you need to wait to get some decent amount of income and you might double your capital if your speculations are right. But remember not to put money that you aren't able to afford to lose because as I said, this is obviously gambling with the current market situation. it could be a good time to invest or it could be not.
I started buying polkadot at $2 in August 2020. I saw polkadot rose to almost $50. Seeing these low price again, it is no brainer that it is time to start investing in polkadot at these attractive prices. The market is down and bearish, perfect time to cherry pick on quality altcoin like polkadot, ether, polygon and some hidden experimental altcoin!
What is your Polkadot price prediction ?
As the Polkadot ecosystem is keep building stronger and its web 3.0 .
time to buy or not ?
several new project or protocol on Polkadot
recently one new prediction -dapp -(X Predict Market) completely run an Airdrop ，maybe more predictions will go with it
looks so AWESOMEBTCBTCBTCBTCBTCBTCBTCBTCBTC
No one will be able to predict the price of any coin including Polkadot, because in difficult times like this, the development of web 3.0, and running the Airdrop program cannot guarantee that the price will increase, because market conditions and the price of Polkadot are not determined in these two things.As the Polkadot ecosystem is keep building stronger and its web 3.0 .
time to buy or not ?
several new project or protocol on Polkadot
recently one new prediction -dapp -(X Predict Market) completely run an Airdrop ，maybe more predictions will go with it
looks so AWESOMEBTCBTCBTCBTCBTCBTCBTCBTCBTC
Please write neatly so it doesn't look messy
It’s a good time to buy any of the top 50 cryptos. We’re over 50% down from ATH’s & I think we’re still in a bull market even if the market says the opposite. So sure buy DOT, it’s a good time.
DOT has been loosing more than 65% since its ATH and it looks like based on the chart of DOT has not yet reached the bottom. This chain is totally overvalued at this moment. There are not lots of NFT and defi build on DOT and mostly of NFT and defi were still using ethereum, BSC, and matic. it looks like you must wait until the price of DOT will be going down even deeper than before dude.
Just try to take a look at the chart and it tell us something
Just try to take a look at the chart and it tell us something
Last time all time is $50.00, now it's around $12.00, that's a huge swing because we unexpectedly entered a bearish cycle.
Hard to say if it's time to invest or not, majority of the alt coins are bleeding now and we don't know if we are going to see another super fast bullish cycle or not before the end of the year so it's a big risk. Unless "invest what you can afford to lose" attitude then why not?
Hard to say if it's time to invest or not, majority of the alt coins are bleeding now and we don't know if we are going to see another super fast bullish cycle or not before the end of the year so it's a big risk. Unless "invest what you can afford to lose" attitude then why not?
I can't say anything directly about Polka, but generally about the current altcoin market. I think you've also noticed that we've been in a bear market for a few weeks. Initially, prices fell abruptly and for several weeks they continue to fall but much slower. Slowly but steadily. So far there is no bottom visible. It reminds a little of the phases after the highs in 2013 and 2017. The bear market can still go further, so buying is currently still not recommended.
Been months now, to be honest though, I'm one of those who regret not investing early, when the price is still too low and seeing a lot of good predictions about this coin. I could have made a good to decent profit about it.But since we are in a bearish trend right now, I'm still confused if I'm going to invest or now. It's been a waiting game for the majority of us, so I would say it's might be a good time to invest again as the price is at a bargain.
Polkadot really looks promising and it would be a very wise decision to invest in it, expecting a price of at least $5. 😉
based on what do you expect $5 price for a DOT? it was at almost $50 two months ago, and sliding down, but $5 seems as too low
DOT is a good project, although development is not going that smooth, and Kusama is also developing, with auctions already in progress, and KSM is also sliding down, due to market correction
one should analyze before investment, and invest in projects that are good from analysis point, one should not invest based on forum topics
I can't say anything directly about Polka, but generally about the current altcoin market. I think you've also noticed that we've been in a bear market for a few weeks. Initially, prices fell abruptly and for several weeks they continue to fall but much slower. Slowly but steadily. So far there is no bottom visible. It reminds a little of the phases after the highs in 2013 and 2017. The bear market can still go further, so buying is currently still not recommended.
Quote
What is your Polkadot price prediction ?
As the Polkadot ecosystem is keep building stronger and its web 3.0 .
time to buy or not ?
several new project or protocol on Polkadot
recently one new prediction -dapp -(X Predict Market) completely run an Airdrop ，maybe more predictions will go with it
looks so AWESOMEBTCBTCBTCBTCBTCBTCBTCBTCBTC
Jump to: