Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polygon MATIC Forum => Topic started by: Crypto Library on August 21, 2024, 08:32:20 PM

Title: How was the josh?(22/08/24)
Post by: Crypto Library on August 21, 2024, 08:32:20 PM
As we can see that the polygon(Matic) coin was huge affected by the recent downish market, to be honest it also create a fear in my mind that may it will gonna be crash and I will gonna lose the whole investment of mine.
Anyway today it gives the green signal to it's holder and pump over 16% in a day.

So my ask for you guys do you guys still hold the polygon if it's recover now ?

(https://i.postimg.cc/056jMrWR/screenshot.png)
Title: Re: How was the josh?(22/08/24)
Post by: MUGNIA on September 15, 2024, 06:11:29 PM
I hold polygon, maybe I am late to find out if there is a migration for polygon from matic to POL, I don't know what will become of my Matic coin in the future, I haven't received any information on how the swap scheme works from old tokens to new tokens
need information
Title: Re: How was the josh?(22/08/24)
Post by: kai on September 17, 2024, 06:48:28 AM
As we can see that the polygon(Matic) coin was huge affected by the recent downish market, to be honest it also create a fear in my mind that may it will gonna be crash and I will gonna lose the whole investment of mine.
Anyway today it gives the green signal to it's holder and pump over 16% in a day.

So my ask for you guys do you guys still hold the polygon if it's recover now ?

(https://i.postimg.cc/056jMrWR/screenshot.png)
Surely you will be surprised by the writing that I have made and I have a different view from you about the POL . Look down, below there is a screenshot about the POL which after the listing price actually dropped tens of percent. I was also surprised because you gave proof of an increase in the price of the POL at the price of $ 0.52 and I saw that currently the price is around $ 0.37.
(https://i.imgur.com/BnOsXsL.png)

If you are still hold coins POL from the price of $ 0.52 and now the price is around $ 0.37 then what are you feeling today? Are you nervous, happy or sad?
Title: Re: How was the josh?(22/08/24)
Post by: God Of Thunder on September 17, 2024, 01:58:41 PM
If you are still hold coins POL from the price of $ 0.52 and now the price is around $ 0.37 then what are you feeling today? Are you nervous, happy or sad?

I am sure he will be sad if he does not have any plans to buy more anytime soon. I remember he was worried when Binance de-listed the old trading pairs which he posted on our local forum. But if he has some plan to buy more anytime soon, I guess this could be a good opportunity for him to buy more so he can profit in the long run.

Unfortunately, I am not suggesting anyone spend a dollar on Altcoin investment these days. Because the market is crashing for a while, and we never know when we are going to recover. I hope we will see a bullrun in 2025. Everyone is waiting for that time.
Title: Re: How was the josh?(22/08/24)
Post by: Crypto Library on September 17, 2024, 06:33:34 PM
If you are still hold coins POL from the price of $ 0.52 and now the price is around $ 0.37 then what are you feeling today? Are you nervous, happy or sad?
Normally a person with normal brain would not be happy to see his fund at a loss. But I was more scared when binance delisted Matic but now that fear is gone as they have already listed POL. Although it feels bad now again I am optimistic that I will recover my losses and get profit I am invested here for the long term and hope to see something better in the upcoming bull season.

But if he has some plan to buy more anytime soon, I guess this could be a good opportunity for him to buy more so he can profit in the long run.
I am actually thinking the same and I'm thinking if I invest now and then sell the investments that I made in the previous in two steps if they touch their recovery price I will sell them and hold the current investments for long term.
Title: Re: How was the josh?(22/08/24)
Post by: God Of Thunder on September 18, 2024, 03:35:51 PM
I am actually thinking the same and I'm thinking if I invest now and then sell the investments that I made in the previous in two steps if they touch their recovery price I will sell them and hold the current investments for long term.

I am the worst at crypto investment plans. I don't know why always opposite happens to my plans. If I say that I will buy a hundred dollars worth of Polygon today and wait for the pump, the market will start to go down again and I will be at a loss. If I continue to do DCA on Polygon, it will continue to dump and soon it will end up being zero  ;D ;D .

Kidding aside, I am trying to tell you how bad I am at crypto investment plans. But I feel like it's not a good time to invest in altcoins. Or even if you do, do it like DCA. We should wait till the next US election because people believe it will affect the market a little bit.
Title: Re: How was the josh?(22/08/24)
Post by: kai on September 21, 2024, 05:13:54 PM
If you are still hold coins POL from the price of $ 0.52 and now the price is around $ 0.37 then what are you feeling today? Are you nervous, happy or sad?
....
Unfortunately, I am not suggesting anyone spend a dollar on Altcoin investment these days. Because the market is crashing for a while, and we never know when we are going to recover. I hope we will see a bullrun in 2025. Everyone is waiting for that time.
Many say that 2025 is BullRun, why can it be said like that? Is there a specific benchmark for pronouncing BullRun?
This is also about POL price already down , maybe if you expected 2025 is growth up , maybe POL coin is up too?

If you are still hold coins POL from the price of $ 0.52 and now the price is around $ 0.37 then what are you feeling today? Are you nervous, happy or sad?
....
get profit I am invested here for the long term and hope to see something better in the upcoming bull season.
.....
Also, you said "Bull" season , what is the meaning "Bull" season? This will affected POL price next time?
Title: Re: How was the josh?(22/08/24)
Post by: Crypto Library on September 21, 2024, 07:24:39 PM
I am actually thinking the same and I'm thinking if I invest now and then sell the investments that I made in the previous in two steps if they touch their recovery price I will sell them and hold the current investments for long term.

I am the worst at crypto investment plans. I don't know why always opposite happens to my plans. If I say that I will buy a hundred dollars worth of Polygon today and wait for the pump, the market will start to go down again and I will be at a loss. If I continue to do DCA on Polygon, it will continue to dump and soon it will end up being zero  ;D ;D .
Then I would like request to don't go for the investment on polygon(matic) coin because I also don't want to see my fund being zero ;") hahah....
Quote
Kidding aside, I am trying to tell you how bad I am at crypto investment plans. But I feel like it's not a good time to invest in altcoins. Or even if you do, do it like DCA. We should wait till the next US election because people believe it will affect the market a little bit.
I want to also say that as a investor I am also like you, it has happened to me a lot when I made an investment, then the price of that coin has dumped 95% till date. Again when I refrain from investment, the market pumps again.
Thank you for your suggestion. I haven't made my investment in polygon yet, although if I did, I would have made a light profit, but I am doing market observation to see how the market will be after the USA election.
Title: Re: How was the josh?(22/08/24)
Post by: God Of Thunder on September 22, 2024, 07:05:52 AM
I want to also say that as a investor I am also like you, it has happened to me a lot when I made an investment, then the price of that coin has dumped 95% till date. Again when I refrain from investment, the market pumps again.
Thank you for your suggestion. I haven't made my investment in polygon yet, although if I did, I would have made a light profit, but I am doing market observation to see how the market will be after the USA election.

I guess it is pure luck and nothing else. But let's talk about something else. We all know about the Fear and Greed Index, right? But almost none of us utilize it. Today, I saw a thread on Bitcointalk where a guy suggested that you should utilize it. Checking the fear and greed index, you know what is the market sentiment. What is likely to happen? If you are trader, you should sell when it's greed and you should buy when it's fear and his point make sense. What do you think about it?

I am not a regular trader, but I sometimes invest during the dip market. But I should check the fear and greed index whenever I decide to reinvest.
Title: Re: How was the josh?(22/08/24)
Post by: hugeblack on September 22, 2024, 10:52:19 AM
I think you mean POL (ex-MATIC) as the name change usually means a chance for the currency to be pumped once after which the price either rises or everything collapses so there is still a chance for POL to rise again but it may be the last or it may be the beginning of a strong return of the currency. Personally, I see that POL will not offer much so the next chance to rise may be the last to achieve good profits.
Title: Re: How was the josh?(22/08/24)
Post by: TomPluz on September 24, 2024, 06:11:08 AM
I want to also say that as a investor I am also like you, it has happened to me a lot when I made an investment, then the price of that coin has dumped 95% till date. Again when I refrain from investment, the market pumps again.

Do you know that this a very popular situation many crypto holders, traders and enthusiasts experienced? It did happened to me too a lot of times...when I sell an asset the next minute the price is already up and when I am deciding to buy something the price is also up...all in all making me think that am not really so lucky in the crypto space. Maybe there is some kind of a joker in here all waiting to give me a not-so-funny joke every time am making a move in an exchange. And that is why I am really enthralled with people who already experienced their x10 or even x1000 kind of profits. As for POL, am not into it as it has been sluggish in its price movement despite its big potential...am categorizing it with ADA which is also the same situation.


Title: Re: How was the josh?(22/08/24)
Post by: luckyledger on September 25, 2024, 09:12:38 AM
I think you mean POL (ex-MATIC) as the name change usually means a chance for the currency to be pumped once after which the price either rises or everything collapses so there is still a chance for POL to rise again but it may be the last or it may be the beginning of a strong return of the currency. Personally, I see that POL will not offer much so the next chance to rise may be the last to achieve good profits.

Yeah, can anybody tell me about the specifics besides changing the ticker to POL? Was it really necessary or was done purely to hype a bit around the chain with some changes done to it?
The chain was "upgraded", as I've heard, but why change the ticker?