I always go for blockchain projects. I also have a big belief about Polygon will do remarkable on the next Bullrun.
Why can you be so sure of Polygon now ? even though there are many other blockchain projects that are no less good for you to have now. I'm curious about your belief in Polygons because I also have a number of Polygons that I haven't sold yet because I don't want to incur a loss just by selling them now. 
Topic: Polygon (MATIC) to $20? - page 20. (Read 5883 times)
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I always go for blockchain projects. I also have a big belief about Polygon will do remarkable on the next Bullrun.
The market looks terrible and it is humbling all the top altcoins at the same time. This bearish market doesn't look good. We are most likely to have another set of top altcoins. I wouldn't be surprised if we find polygon falls below her current rank(21st). Her current price is not encouraging a bit($0.4cent).
Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
meaning that all cryptocurrency markets have experienced a major correction, and indeed it has happened historically,
yup, after the halving and bears started, and the facts are what you are seeing now , all of them, including the Matic,
so the dream for the $ 20? just think about it
Ukraine war has no direct impact on crypto market but it has caused huge increase in crude oil prices which has triggered inflation sky rocketing all over the world. When inflation goes high then central Banks have no other option except to increase interest rates to reduce inflationary pressure. High interest rates are never good for stocks and crypto markets and this is exactly what we have seen since FED increased interest rates in USA.
it can be said that currently almost the whole world is experiencing inflation and this is certainly not a small problem,
What is clear can be concluded that the war was really very complex and affected many things
Quote
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
The war in Ukraine is making its own adjustments in the entire economy of the world, until all this ends, the market will be like this.One thing I can say for sure in the fall it will be even worse and more difficult when oil and gas prices will rise in price, the cryptocurrency market will catch on, among other things.War affects global supply and demand and destabilizes the world economy, including crypto but is not the cause of this year's market crash. 2021 was a great year for the market, bitcoin hit its all time high and almost all altcoins, shitcoins also hit their all time highs, so it's not too difficult to predict when the market corrects down in 2022.
You should not blame anyone when you lose your investment. Market is always unpredictable and you should always have a plan in place and be ready to take risks as they arise.
Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
meaning that all cryptocurrency markets have experienced a major correction, and indeed it has happened historically,
yup, after the halving and bears started, and the facts are what you are seeing now , all of them, including the Matic,
so the dream for the $ 20? just think about it
Ukraine war has no direct impact on crypto market but it has caused huge increase in crude oil prices which has triggered inflation sky rocketing all over the world. When inflation goes high then central Banks have no other option except to increase interest rates to reduce inflationary pressure. High interest rates are never good for stocks and crypto markets and this is exactly what we have seen since FED increased interest rates in USA.
Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
meaning that all cryptocurrency markets have experienced a major correction, and indeed it has happened historically,
yup, after the halving and bears started, and the facts are what you are seeing now , all of them, including the Matic,
so the dream for the $ 20? just think about it
Quote
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
The war in Ukraine is making its own adjustments in the entire economy of the world, until all this ends, the market will be like this.One thing I can say for sure in the fall it will be even worse and more difficult when oil and gas prices will rise in price, the cryptocurrency market will catch on, among other things. Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
Polygon is so cheap and fast to use for "De-Fi". The sidechain has so much potential to take the world by storm. By taking the security of the main ETH blockchain, Polygon becomes a better choice than competing platforms like Binance Chain and Solana. Yet, the coin (MATIC) is trading below the double-digits. That's surprising to me, considering that the sidechain is quite convenient for day-to-day payments. If you compare fees on Polygon vs Binance Chain, you'll notice the former has the lowest gas fees. All Polygon needs is hype (mainstream demand) and it could soar all the way to the moon.
Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.
I am much more bullish on MATIC than I am on Ethereum or Bitcoin. As far as future profit is concerned however, my money is in CNDL short term. Due to the fact that it launched during the bear market, there are virtually no bag holders trying to dump. The project is in accumulation mode and the price is going up. I think Matic will do well bot like I said, for me, short term, I'm in Candle Chain. Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.
Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month
Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.
I did not expect today to drop again to $ 0.6, at the end of 2021 I invest when the rising price is around $ 2.4 to $ 2.5 and now drops more than 75%, of course it makes us have to be patient waiting for the next surprise, the thing that can make matic skyrocketing is the presence of a big project which can make automatic use increase significantly.
Yes of course for now there is nothing else to do other than to remain patient and wait for the Matic to come back up,because if you force to sell it it will be a loss and of course it's not the right decision,
Matic is still one of the potential coins so and I believe the price will go up again
I did not expect today to drop again to $ 0.6, at the end of 2021 I invest when the rising price is around $ 2.4 to $ 2.5 and now drops more than 75%, of course it makes us have to be patient waiting for the next surprise, the thing that can make matic skyrocketing is the presence of a big project which can make automatic use increase significantly.
I do not know if it is permissible to admit this, but I find it really funny to imagine such a jump in the price of a currency whose price barely exceeds 1/4 of the expected price, unless this is an anticipation of the value of the currency (and the project it supports) in the long run.
Let us be a little realistic and not publish overestimated statements because this may spread a state of false optimism in the market and may contribute to a price hike that often serves the interest of those who issue those expectations and promote it.
I did not expect today to drop again to $ 0.6, at the end of 2021 I invest when the rising price is around $ 2.4 to $ 2.5 and now drops more than 75%, of course it makes us have to be patient waiting for the next surprise, the thing that can make matic skyrocketing is the presence of a big project which can make automatic use increase significantly.
In the current market situation context it looks a remote possibility for Matic to reach $20 but it is possible in the long run because its team has wonderful wonderful job to reduce transaction fee by using layer-2 solution which was a major issue on Ethereum network when Bitcoin market is extremely bullish and it is likely to happen when Bitcoin halving is expected to happen in 2024.
Achieving this huge target is not easy without bull market. This project is solid and they are doing regular development for the crypto community. But the current market situation has affected the price of this coin a lot like other projects. As a result, matic coins are now trading below $1. So now it seems we have to wait a long time to see matic achieve a big target.
Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future. If eth does something that will fix the gas fee situation then matic will worth absolutely nothing, ever since the gas fee dropped, matic has been simply just going down and the volume has been down a lot as well, just because it happened during a bear market change nothing. I believe that one day we will do eth 2.0 and then gas fee will be low and that will make matic go down a lot, ton of projects that reached top 10 levels of peak ended up going low a lot, matic will be one of them.
price's been ok so far https://www.coingecko.com/en/coins/polygon
This project has proven its efficiency since its inception and the team supporting it has worked to develop it in line with market changes, and I mean here in particular the crisis that the Ethereum network was and still experiencing.
One of the other important elements that go along with the advantage of cheap transfers and launching contracts at a low cost is to help developers in the field of NFT as they have the advantage of launching their projects easily and without the need for additional fees in addition to the fact that many NFT marketplaces support this network.
it is really good both in terms of fees and the transfer speed of funds, but there have been problems when the network simply refused to work and transactions went on for hours, and this should not be the case.And as it is very convenient for the NFT industry, many praise this particular chain.One of the other important elements that go along with the advantage of cheap transfers and launching contracts at a low cost is to help developers in the field of NFT as they have the advantage of launching their projects easily and without the need for additional fees in addition to the fact that many NFT marketplaces support this network.
The usages of the project should be the first thing that the coin developers needs to focus,
this coin has a good future. There are people who already supporting this project and they are really believing that this
asset will bring something good in their table.
More on holding period right now, collect and store while the price is still cheap, once the market start to bounce
back the value will rise.
This project has proven its efficiency since its inception and the team supporting it has worked to develop it in line with market changes, and I mean here in particular the crisis that the Ethereum network was and still experiencing.
One of the other important elements that go along with the advantage of cheap transfers and launching contracts at a low cost is to help developers in the field of NFT as they have the advantage of launching their projects easily and without the need for additional fees in addition to the fact that many NFT marketplaces support this network.
it is really good both in terms of fees and the transfer speed of funds, but there have been problems when the network simply refused to work and transactions went on for hours, and this should not be the case.And as it is very convenient for the NFT industry, many praise this particular chain. One of the other important elements that go along with the advantage of cheap transfers and launching contracts at a low cost is to help developers in the field of NFT as they have the advantage of launching their projects easily and without the need for additional fees in addition to the fact that many NFT marketplaces support this network.
Jump to: