Polygon (MATIC) to $20? - page 24. | Bitcointalksearch.org

Pamadar

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Quote from: Leo on May 09, 2022, 08:16:47 AM

Quote from: Pejoh Asu on May 09, 2022, 01:38:33 AM

Within a week the price of automatic drop significant from $ 1.5 is now $ 0.94, now matic is my biggest asset so I lose a lot of money, of course it is a difficult choice to continue to hold or sell, if the price of bitcoin drops below $ 30k many experts believe we will experience trends like 2018.

I believe that the recent drop of matic was due to the fact that bitcoin is also dumping, probably matic might not reach $20 per coin for now but it definitely gonna reach $3-5 in few years to come, if you are already in loss the best thing to do is just to hold onto your coin don't sell at loss, it's so certain that matic will bounce back, a very fast and cheaper chain to use, definitely it will worth it in years to come

Not now but still possible, the entire market is still moving down and that influence the most.

Investors are still observing whether the dump will continue or another pump will happen and bring the hypes. For now, if you
do believe that matic will increase back, best to buy and hold and keep holding your investment.

Don't take the risk if you are unsure or if you are not ready to lose. The market is wild with this volatile nature you need to
work deeper to handle the pressures.

btc78

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Quote from: GigaBit on May 01, 2022, 11:02:18 PM

Polygon is one of the chains where have the possibility to get maximum benefit. If you trade in this chain you will get the differentiation. The demand for this coin is increasing day by day. Last year it was priced at 2.88 as ATH. Hopefully next bull run we can see it $7-9 and next few years later we will get it more then $15.

Maybe this will come in the following year? or i mean in the next Bitcoin halving in which mostly the chances of Bullying market?

so best interest is to buy it now while the price is cheap and also the chances to take all how much you can get?

But lets not be fall into fake promises , and not because there are good reviews given meaning this is worth trusting because we need to take our funds into safer currency than just a trial and error .

Quote from: Mamun74 on May 09, 2022, 10:10:45 AM

Polygon (MATIC) will hit 20$ this year?It will be happened? I Think it will be happened in next 4-5 years later if bitcoin price will grow up again in 2021.Bitcoin price early dropped this year and bitcoin price dropping day by day and altcoin dropping also.Bitcoin and altcoin have between good relationship each other.So MATIC will hit 20$ but need more time in future.

you can't tell mate ,because Matic seems to be having lots of supporters and boosters now so any moment there will be changes for this coin.

Mamun74

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Polygon (MATIC) will hit 20$ this year?It will be happened? I Think it will be happened in next 4-5 years later if bitcoin price will grow up again in 2021.Bitcoin price early dropped this year and bitcoin price dropping day by day and altcoin dropping also.Bitcoin and altcoin have between good relationship each other.So MATIC will hit 20$ but need more time in future.

TastyChillySauce00

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Quote from: Pejoh Asu on May 09, 2022, 01:38:33 AM

Within a week the price of automatic drop significant from $ 1.5 is now $ 0.94, now matic is my biggest asset so I lose a lot of money, of course it is a difficult choice to continue to hold or sell, if the price of bitcoin drops below $ 30k many experts believe we will experience trends like 2018.

i hope that will not come true again. We have seen so many dump occured to the market and this is all caused by bitcoin. Im also loosing small amounts of money caused by this bearish trend. It seems like the old trend was coming up again but this is not so big like what we have seen in 2018. This will become another hard day for anyone in the crypto but as long as bitcoin will not go to the 10k and that's fine.

Leo

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Quote from: Pejoh Asu on May 09, 2022, 01:38:33 AM

Within a week the price of automatic drop significant from $ 1.5 is now $ 0.94, now matic is my biggest asset so I lose a lot of money, of course it is a difficult choice to continue to hold or sell, if the price of bitcoin drops below $ 30k many experts believe we will experience trends like 2018.

I believe that the recent drop of matic was due to the fact that bitcoin is also dumping, probably matic might not reach $20 per coin for now but it definitely gonna reach $3-5 in few years to come, if you are already in loss the best thing to do is just to hold onto your coin don't sell at loss, it's so certain that matic will bounce back, a very fast and cheaper chain to use, definitely it will worth it in years to come

monineklutak

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Quote from: Pejoh Asu on May 09, 2022, 01:38:33 AM

Within a week the price of automatic drop significant from $ 1.5 is now $ 0.94, now matic is my biggest asset so I lose a lot of money, of course it is a difficult choice to continue to hold or sell, if the price of bitcoin drops below $ 30k many experts believe we will experience trends like 2018.

Yes that's true and I think you need to do some analysis before making a decision,
never make a decision in a hurry and maybe keeping it on hold is a better decision because I still believe Matic is one of the altcoins that has potential,
I hope that won't happen because the trend in 2018 is pretty bad

kotajikikox

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Quote from: Pejoh Asu on May 09, 2022, 01:38:33 AM

Within a week the price of automatic drop significant from $ 1.5 is now $ 0.94, now matic is my biggest asset so I lose a lot of money, of course it is a difficult choice to continue to hold or sell, if the price of bitcoin drops below $ 30k many experts believe we will experience trends like 2018.

Where do you happen to hear an believe that ? if Bitcoin drops to below 30k there will be another 2018? You are wrong because Bitcoin already drops below 30k couple of months ago so that being said? I don't think there will be 2018 trend based on that bitcoin price , what i do believe is if the price of Bitcoin fell down below 20k then that is something we must be alarmed .

Pejoh Asu

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Within a week the price of automatic drop significant from $ 1.5 is now $ 0.94, now matic is my biggest asset so I lose a lot of money, of course it is a difficult choice to continue to hold or sell, if the price of bitcoin drops below $ 30k many experts believe we will experience trends like 2018.

yohananaomi

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Quote from: Andam76 on May 05, 2022, 08:25:02 AM

it could be $20 because another factor driving the MATIC price is the increase in active digital wallet users. The number of Polygon wallets experienced significant growth throughout 2021.The reason is, Polygon wallet users have increased rapidly to reach 282,760. It seems that the Polygon network can be another alternative form for Ethereum network users. Because every transaction on the Ethereum network is often subject to high gas fees.

indeed at this time the use of polygon wallets is very effective because of the problem where the ethereum network is still expensive, of course everyone will try to find alternatives that can be profitable and incidentally there is a polygon network available at low cost.
but can polygon take advantage of a situation where the ethereum network is expensive? we know that in 2021 the polygon could increase very significantly from $0.01 up and form ATH $2.92.
whether it will increase again and can reach $ 20? looks like it will be difficult to obtain because it must be remembered that once eth2.0 starts rolling it's very likely that the polygon network will start to be abandoned.

Chato1977

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Quote from: SyndicateLabs on April 23, 2022, 04:19:11 AM

Quote from: Chato1977 on April 23, 2022, 03:49:50 AM

Polygon is good project , but I don't think that this can reach 20$ anytime soon,

this is the movement till Now , cannot even break 2$

https://coinmarketcap.com/currencies/polygon/

this needs more than thousand times before hitting that price.

But of course this is best to check.

If I remember correctly, it was close to $3 before its ATH went past $2.
But perhaps the expectation of Polygon hitting $20 in the time period OP is talking about probably needs a lot of impact and the conspiracy theories that go with it. I honestly feel like Polygon is an investment as well. It's awesome since they got into layer 2. The price went up like crazy and I'm really grateful for that.

Yups , What i mean is these days , Matic cannot even break 2 dollars again from the ATH of 2.92$ so making back to that level is the first intention before believing in that so much High price of 20$, is far from reality unless the former ATH will be broken .
But like what i said on the top, Polygon is one of the best altcoin to watch out if you will only believe in Holding.

sana54210

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Quote from: Andam76 on May 05, 2022, 08:25:02 AM

it could be $20 because another factor driving the MATIC price is the increase in active digital wallet users. The number of Polygon wallets experienced significant growth throughout 2021.The reason is, Polygon wallet users have increased rapidly to reach 282,760. It seems that the Polygon network can be another alternative form for Ethereum network users. Because every transaction on the Ethereum network is often subject to high gas fees.

No matter how many wallet users, no matter what marketplace adds it, it will not be 20 bucks for the time being. If we end up seeing bitcoin rise to 200k, then why not? But, when the market is like this, there is absolutely no chance that MATIC could ever reach 20 bucks just because of how many people are using it. Imagine for a second where that would put it in the rankings, that is not really a reasonable expectation is it?

This is why I believe that we should not be holding it to such high regard, it is doing fine as it is right now and should be considered a good deal if we could reach even 3 dollars, which is already more than it deserves at the moment.

leea-1334

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Quote from: SirLancelot on May 02, 2022, 08:26:20 AM

It's possible in my own opinion. Binance coin has burning capabilities but I think other coins have this feature too and if not then I think they can always add it or they can also do a manual burning. There are still lots of ways to up the price of the coin but I don't know why the people behind this coin haven't made that move yet.

I have said several times in several threads that burning is not a mechanism that works. BNB and even CAKE and all the related altcoins have huge burning mechanisms and activities that keep reducing the supply but price almost never works as it is supposed to.

My favorite example is supermarket loyalty points. You can burn as much as you want but because there never really was a mining cost to it,,, the value is never going up.

btc78

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Quote from: nimogsm on May 01, 2022, 05:54:44 AM

I think you can no longer wait for bright flashes at the price, he will still walk around $ 1, the excitement for this project has subsided a little.Many thought that the price increase would be from the beginning of the year, but so far this has not happened.

It is not about how we think but it is depend On how we help the coin . most peoplr here expect an increase in the prices but ask them if they are investing? then the answer is just the amount they keep on Holding and not extending their support specially in market like now..
Try to Buy coin first and then decide.
not to expect too much but to wait for the increase to come while we are investing on that coin.

Reatim

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Quote from: jostorres on April 29, 2022, 11:25:30 AM

Quote from: Reatim on April 28, 2022, 04:34:31 AM

Defi and NFT are losing their momentum in our time now , I'm afraid if Matic will even touch 5 dollars any time soon and what more that 20$? if this going to happen means the ATH last year will be x10 as it only reaches more than 2$ in this All Time High?

I stopped Holding Defi and NFT coins , instead i now invested in top 3 currency in the market.

This is a good idea, investing into BTC, ETH, BNB would mean that you are invested in things that will survive no matter what happens in the market. We could see some hype around one thing and losing hype on another thing but these three things will survive.

and that is a safest investment , imagine 3 biggest currencies and most supported ? why need to risk in a Hyped currencies that in the end will go down deeply when we an choose something that will bring us more income in safer way.

Quote

Defi already lost so much support that we are talking about TVL being like 10% of what it used to be during the peak times, which is proof enough that it is losing value. NFT as well, which is losing google trends, the valuations, and many other things during this period as well. It just needs to be explained carefully to people that just because you are invested in them, doesn't mean you need to stay invested.

because this is a hyped projects and the platform had been used by manipulators., if you did not managed to be in the starting then you must prevent from entering in middle or in the last,

marcous

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Quote from: monineklutak on May 04, 2022, 08:50:31 AM

If we hope that it can be achieved in the near future, I think it is impossible considering the conditions are also not supportive.
but I'm pretty sure in the future Matic can reach $20,
I still see Matic as one of the potential altcoins and just see what happens in the future

It's still experiencing a sizable decline right now so it's still going to look difficult for the Matic to improve, and if it's still taking a very long time for everyone holding the Matic to wait, then it's still an uncertain thing to happen because this isn't going to happen. not only about its potential, but also about the market which is still volatile on an irregular basis.

Andam76

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it could be $20 because another factor driving the MATIC price is the increase in active digital wallet users. The number of Polygon wallets experienced significant growth throughout 2021.The reason is, Polygon wallet users have increased rapidly to reach 282,760. It seems that the Polygon network can be another alternative form for Ethereum network users. Because every transaction on the Ethereum network is often subject to high gas fees.

BuNga_cute

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Quote from: albon on May 04, 2022, 05:36:33 PM

Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

I see that it is difficult for the price of Matic to reach $20 next year, but it could be within five years, as you expected. All expectations indicate that the price of Matic will be positive and will bring a great investment return to its holders in the long term due to the fact that the ecosystem of Matic is growing day by day and when increasing Demand for the purchase and adoption of Matic by investors, then Matic token can cross the $20 barrier, this is not impossible for a promising token that has strong uses like Matic.

Since its launch in 2017, Polygon has experienced significant developments. Even at the end of last year Polygon reached ATH price, and I believe
Polygon will continue to grow in the future. Although the future for Polygon is bright, but regarding the $20 price target, I doubt that Polygon will be
able to achieve it in the near future. Therefore I agree if it takes at least 5 years for Polygon to reach a price of $ 20, and even then it depends on
the Polygon development team, do they consistently continue to develop Polygon so that Polygon is useful for the crypto community. Because there
are quite a lot of old projects that are popular and have a good development team, but the project stagnates, does not develop and is finally abandoned
by investors. So we must continue to monitor how the development of Polygon in the future, but I'm quite optimistic so far about the future of Polygon,
hopefully the target price of $ 20 can be achieved.

albon

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Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

I see that it is difficult for the price of Matic to reach $20 next year, but it could be within five years, as you expected. All expectations indicate that the price of Matic will be positive and will bring a great investment return to its holders in the long term due to the fact that the ecosystem of Matic is growing day by day and when increasing Demand for the purchase and adoption of Matic by investors, then Matic token can cross the $20 barrier, this is not impossible for a promising token that has strong uses like Matic.

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Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

Matic is an amazing project, I still really believe in this project, because their background is very good,
used to be Matic was just Matic, but now Matic is the most highly developed project in the crypto world,
to go to $20 I think it can happen in the next 5 years

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Quote from: marcous on May 02, 2022, 10:37:37 AM

Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

I even hesitate when I see the current price on Matic, because this is not only about the influence of Polygon network users, but also the influence of investors and traders who want to like Matic so they will buy it in very large quantities.
So I hesitate because it's too far off the target for Matic if it's for the $20 price tag.

If we hope that it can be achieved in the near future, I think it is impossible considering the conditions are also not supportive.
but I'm pretty sure in the future Matic can reach $20,
I still see Matic as one of the potential altcoins and just see what happens in the future

Topic: Polygon (MATIC) to $20? - page 24. (Read 5883 times)