Is Polkadot good?

Is it a good idea to enter into Polkadot now at 41USD?

Nw_Work said:

Is it a good idea to enter into Polkadot now at 41USD?

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I got in months back at $24 and am sitting on it.

MisterF said:

I got in months back at $24 and am sitting on it.

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I see these coins early and don't jump on them in time due to my doubts
What's ur opinion on it at $41 now worth jumping in or better options available to make a return?

Nw_Work said:

I see these coins early and don't jump on them in time due to my doubts
What's ur opinion on it at $41 now worth jumping in or better options available to make a return?

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A mate of mine from school told me about it and he was in at way under $20 when he bought and he kept adding to his investment.
The guy is a successful investor in property and is doing well with crypto, so I went on his recommendation.

I'm not going to offer any type of financial advice here mate, but do your own research please. Personally, I'm keeping hold of all my crypto for the long term.

To be honest, I don't trade crypto, I just have 4 different ones for a bit of a fun investment ( BTC, ETH, Polkadot and Solano ). I was very late to the crypto game after spending many years dismissing it as a flash in the pan.... < Yeah I'm not perfect , all the time ).

I bought at 28 and 30 and 31
If your plan is long term than yes it's good time to invest since the alt bull ran didn't started yet

Do your own research.

Kenobii said:

Do your own research.

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Research in progress looking for 2nd opinions

If you like Polkadot, you can check out some new crypto thats launching on November 29th, it's called PolkaGo, basically for hodling it you get polkadot rewards. You can kill two birds with one stone, but always do your own research

Nw_Work said:

Research in progress looking for 2nd opinions

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Buy it then

I have Polkadot, also Kusama and Reef (last 2 from DOT ecosystem)

Pay close attention to social media buzz about Polkadot.

Considering the growth of its ecosystem, I am convinced that it is a good play if you're looking to play the game for the long haul.

But if you're just looking for a quick cash out as far as your investments go, you probably would do better with tokens.

Polkadot is a serious contender because it has its own ecosystem and decentralized infrastructure.

It's a good play, fundamentally speaking.

It ultimately depends on your timelines as an investor.

As you probably already know, the weird thing about cryptocurrency is that a gain of 100% is small potatoes.

And this reality has kind of distorted people's expectations when it comes to investment.

But the thing is, you shouldn't confuse different types of crypto.

For example, you can't judge a solid project like Polkadot with the same metrics as you would Shiba Inu or a meme coin.

I hope you understand what I'm getting at.

When it comes to fundamentals, Polkadot is fairly solid because of its PARACHAIN technology

Another factor to look at is its ecosystem growth.

Take a closer look at the projects that are based on their ecosystem.

blackbeans said:

Pay close attention to social media buzz about Polkadot.

Considering the growth of its ecosystem, I am convinced that it is a good play if you're looking to play the game for the long haul.

But if you're just looking for a quick cash out as far as your investments go, you probably would do better with tokens.

Polkadot is a serious contender because it has its own ecosystem and decentralized infrastructure.

It's a good play, fundamentally speaking.

It ultimately depends on your timelines as an investor.

As you probably already know, the weird thing about cryptocurrency is that a gain of 100% is small potatoes.

And this reality has kind of distorted people's expectations when it comes to investment.

But the thing is, you shouldn't confuse different types of crypto.

For example, you can't judge a solid project like Polkadot with the same metrics as you would Shiba Inu or a meme coin.

I hope you understand what I'm getting at.

When it comes to fundamentals, Polkadot is fairly solid because of its PARACHAIN technology

Another factor to look at is its ecosystem growth.

Take a closer look at the projects that are based on their ecosystem.

Click to expand...

Very sound info, what is your conservative fair value of appreciation for the coin price for next 6 months?

Yes and also polkawar

I'm holding dot coins also