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Author Topic: Market fall, chance to buy more polkadot  (Read 13957 times)

Offline erus

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Re: Market fall, chance to buy more polkadot
« Reply #45 on: February 26, 2025, 05:55:37 AM »
4.72 dollars Polkadot coin price now and it's time to buy Polkadot coins. If Bitcoin reaches a price of 120,000 dollars maybe Polkadot should be able to rise to a price of 8 dollars, this is just my assumption.
I am also aware that this Polkadot coin always provides very fluctuating price changes. Don't force yourself to invest in Polkadot coins if we don't know the risks that will occur in the future. Always DWYOR !!
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Re: Market fall, chance to buy more polkadot
« Reply #45 on: February 26, 2025, 05:55:37 AM »

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Re: Market fall, chance to buy more polkadot
« Reply #46 on: February 28, 2025, 08:32:11 PM »
4.72 dollars Polkadot coin price now and it's time to buy Polkadot coins. If Bitcoin reaches a price of 120,000 dollars maybe Polkadot should be able to rise to a price of 8 dollars, this is just my assumption.

I am also aware that this Polkadot coin always provides very fluctuating price changes. Don't force yourself to invest in Polkadot coins if we don't know the risks that will occur in the future. Always DWYOR !!
I still believe in Polkadot recent upgrades and hope that the DOT price will soon grow in the remaining part of this cycle. However I don't dare to continue DCA DOT tokens in this phase I'm not sure if the DOT price has accumulated enough it can completely continue to fall to the $3.7 bottom.

For the time being I only focus on DCA ETH to ensure the safety of the account. If the DOT price surpasses $12 and the market becomes bustling in FOMO I will think about supplementing the amount of DOT in my portfolio after taking profits from some other tokens in the bullrun!
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Re: Market fall, chance to buy more polkadot
« Reply #46 on: February 28, 2025, 08:32:11 PM »

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Re: Market fall, chance to buy more polkadot
« Reply #47 on: February 28, 2025, 09:14:29 PM »
What bearish market can do to altcoins. Some years ago when this post was made around 2021, Polkadot was trending below $30. Coming to this year 2025, that same polkadot is below $5 currently.

Imagine those who might have bought Polkadot at that time, thinking that Polkadot would increase further. Won't they be at a deep loss as Polkadot has decreased tremendously in price?

At times, it is better to tell people the truth that altcoins are only good for the short term, not for the long term. You may think that you are buying at a low price, while it ends up falling further.

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Re: Market fall, chance to buy more polkadot
« Reply #48 on: April 02, 2025, 11:37:21 PM »
I had added some amount of DOT when the market dropped last year and hoped that this coin could really come back like before, reaching its ATH price. However, the further along, I am increasingly unsure if this can work. Because, the market cap has not risen that well. Moreover, the price movement is quite low. Maybe if it could reach $10, I would be very grateful and have made a profit. So, it seems that my selling target for DOT will not be as high as when I bought it. It's a shame, even though Polkadot used to be a top coin and was very successful and its price increased very high. But unfortunately this is starting to be replaced by the presence of new coins that do bring much more significant progress

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Re: Market fall, chance to buy more polkadot
« Reply #49 on: April 04, 2025, 09:28:27 PM »
I had added some amount of DOT when the market dropped last year and hoped that this coin could really come back like before, reaching its ATH price. However, the further along, I am increasingly unsure if this can work. Because, the market cap has not risen that well. Moreover, the price movement is quite low. Maybe if it could reach $10, I would be very grateful and have made a profit. So, it seems that my selling target for DOT will not be as high as when I bought it. It's a shame, even though Polkadot used to be a top coin and was very successful and its price increased very high. But unfortunately this is starting to be replaced by the presence of new coins that do bring much more significant progress
The risk of technology-based investing is that the project could be forgotten if a market has another project with better technology and solutions. In the case of Polkadot, parachains are still the leading solution for cross-chain, but unfortunately, the market no longer needs to move assets between multiple blockchains.

I even suspect that cross-chain was just a fake need created by whales in the previous cycle to push the price of many tokens in the market like DOT and ATOM. They created a good narrative and the token prices increased, they took profits and pushed all the risk onto the holders.

I am holding DOT in my portfolio, and I also hope DOT will increase in price this cycle, but I personally am not buying more DOT at this stage. I choose to DCA ETH because the ETH price is also quite low and its upside potential is greater than DOT upside potential.
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Re: Market fall, chance to buy more polkadot
« Reply #50 on: April 04, 2025, 11:59:16 PM »
I had added some amount of DOT when the market dropped last year and hoped that this coin could really come back like before, reaching its ATH price. However, the further along, I am increasingly unsure if this can work. Because, the market cap has not risen that well. Moreover, the price movement is quite low. Maybe if it could reach $10, I would be very grateful and have made a profit. So, it seems that my selling target for DOT will not be as high as when I bought it. It's a shame, even though Polkadot used to be a top coin and was very successful and its price increased very high. But unfortunately this is starting to be replaced by the presence of new coins that do bring much more significant progress
The risk of technology-based investing is that the project could be forgotten if a market has another project with better technology and solutions. In the case of Polkadot, parachains are still the leading solution for cross-chain, but unfortunately, the market no longer needs to move assets between multiple blockchains.

I even suspect that cross-chain was just a fake need created by whales in the previous cycle to push the price of many tokens in the market like DOT and ATOM. They created a good narrative and the token prices increased, they took profits and pushed all the risk onto the holders.

I am holding DOT in my portfolio, and I also hope DOT will increase in price this cycle, but I personally am not buying more DOT at this stage. I choose to DCA ETH because the ETH price is also quite low and its upside potential is greater than DOT upside potential.
Truly, in the crypto market, there are indeed many struggles and competitions that must be faced by each project. In this case, a large project must continue to develop and have a stable and continuous progress in order to survive in the market, not only to survive but to be able to continue to progress its price in the market and become a top coin. because its competitors are increasing, if not, it will be left far behind, as experienced by Polkadot and various other top altcoins. And we as investors must also be more careful and stay up-to-date with the coins we hold, because it could be that it is outdated and starting to be abandoned in the market.

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Re: Market fall, chance to buy more polkadot
« Reply #51 on: April 07, 2025, 08:57:36 PM »
Truly, in the crypto market, there are indeed many struggles and competitions that must be faced by each project. In this case, a large project must continue to develop and have a stable and continuous progress in order to survive in the market, not only to survive but to be able to continue to progress its price in the market and become a top coin. because its competitors are increasing, if not, it will be left far behind, as experienced by Polkadot and various other top altcoins. And we as investors must also be more careful and stay up-to-date with the coins we hold, because it could be that it is outdated and starting to be abandoned in the market.
Today, we had the chance to buy DOT below $3.5, something that was just a dream for Polkadot fans back in 2021. The same could be true if in the next few years Polkadot provides services to the entire crypto market and becomes the center of Web3.

When the DOT price has a new dip, all our positive predictions about the future of DOT and Polkadot become unreasonable. At this point, only a new miracle can bring DOT back in the short remaining time of the bullrun in the second half of 2025.
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Re: Market fall, chance to buy more polkadot
« Reply #51 on: April 07, 2025, 08:57:36 PM »


Offline kai

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Re: Market fall, chance to buy more polkadot
« Reply #52 on: April 09, 2025, 01:50:23 PM »
Truly, in the crypto market, there are indeed many struggles and competitions that must be faced by each project. In this case, a large project must continue to develop and have a stable and continuous progress in order to survive in the market, not only to survive but to be able to continue to progress its price in the market and become a top coin. because its competitors are increasing, if not, it will be left far behind, as experienced by Polkadot and various other top altcoins. And we as investors must also be more careful and stay up-to-date with the coins we hold, because it could be that it is outdated and starting to be abandoned in the market.
....
When the DOT price has a new dip, all our positive predictions about the future of DOT and Polkadot become unreasonable. At this point, only a new miracle can bring DOT back in the short remaining time of the bullrun in the second half of 2025.
Polkadot seems to follow the up and down trend of Bitcoin's price too, just like Ethereum, BNB, Solana all follow the up and down trend of Bitcoin's price.
For me personally, at this time, if you want to invest in Polkadot coins, you have to know the function and purpose of the Polkadot coins themselves because our Fiat is currently more valuable than Polkadot coins.

Although the price of Polkadot coins has dropped, I am not entirely sure that it will go back up because Polkadot's hype is less exciting, much different from the hype of BNB and Solana.
While the miracle created by the Polkadot coin is the same as us waiting for the Bitcoin price to reach an all-time high for the new one.
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Re: Market fall, chance to buy more polkadot
« Reply #53 on: April 09, 2025, 10:43:07 PM »
because its competitors are increasing, if not, it will be left far behind, as experienced by Polkadot and various other top altcoins. And we as investors must also be more careful and stay up-to-date with the coins we hold, because it could be that it is outdated and starting to be abandoned in the market.
Today, we had the chance to buy DOT below $3.5, something that was just a dream for Polkadot fans back in 2021. The same could be true if in the next few years Polkadot provides services to the entire crypto market and becomes the center of Web3.

When the DOT price has a new dip, all our positive predictions about the future of DOT and Polkadot become unreasonable. At this point, only a new miracle can bring DOT back in the short remaining time of the bullrun in the second half of 2025.
Yes, the recent price movement of DOT has been quite good, ranging between $3.2 - $3.7. Although this is not a significant increase, what is certain is that the market conditions that occur in DOT are quite interesting if you want to do day trading, it's just that it will definitely be quite stressful. DOT still has the trust of the community, and its market cap is still quite high, which means that there are still many investors and traders who use this coin. But to decide whether this will be worth it or not to become an invested coin, it depends on how we respond to the development of this one coin.

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Re: Market fall, chance to buy more polkadot
« Reply #54 on: April 14, 2025, 08:48:59 PM »
The most important thing in cryptocurrency is DWYOR, choosing Polkadot coins is also good because Polkadot coins have a lot of technology.
As far as I know, Polkadot has resistance to price shocks from Bitcoin, although not much different, but I am sure that this Polkadot coin has a different technology than other coins.
I don't know yet if Polkadot has a smart contract feature, if only Polkadot had smart contracts I am sure Polkadot would be able to compete with Solana, BNB and Ethereum.
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Re: Market fall, chance to buy more polkadot
« Reply #55 on: April 16, 2025, 11:58:45 PM »
The most important thing in cryptocurrency is DWYOR, choosing Polkadot coins is also good because Polkadot coins have a lot of technology.
As far as I know, Polkadot has resistance to price shocks from Bitcoin, although not much different, but I am sure that this Polkadot coin has a different technology than other coins.
I don't know yet if Polkadot has a smart contract feature, if only Polkadot had smart contracts I am sure Polkadot would be able to compete with Solana, BNB and Ethereum.
Exactly, analyzing every coin that we will buy is a must, at least we will not regret it if the results are not as expected, because at least we have tried.

and for Polkadot, it is indeed quite unfortunate that even though it is this good, the price is still quite low. and even quite behind its competitors. DOT is now in the price range of $3.60. while its ATH is $55. in my opinion, it will not return to ATH, even if it can pass the $10, it is already very grateful this time.
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Re: Market fall, chance to buy more polkadot
« Reply #56 on: Today at 02:49:23 PM »
The most important thing in cryptocurrency is DWYOR, choosing Polkadot coins is also good because Polkadot coins have a lot of technology.
As far as I know, Polkadot has resistance to price shocks from Bitcoin, although not much different, but I am sure that this Polkadot coin has a different technology than other coins.
I don't know yet if Polkadot has a smart contract feature, if only Polkadot had smart contracts I am sure Polkadot would be able to compete with Solana, BNB and Ethereum.
Exactly, analyzing every coin that we will buy is a must, at least we will not regret it if the results are not as expected, because at least we have tried.

and for Polkadot, it is indeed quite unfortunate that even though it is this good, the price is still quite low. and even quite behind its competitors. DOT is now in the price range of $3.60. while its ATH is $55. in my opinion, it will not return to ATH, even if it can pass the $10, it is already very grateful this time.
Polkadot is indeed one of the potential coins and I am still holding this coin. Currently the price of polkadot is still far from its ATH, let's just wait for the altcoin season to come, we will see how polkadot will increase. Will it be able to reach its ATH or not.
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Re: Market fall, chance to buy more polkadot
« Reply #57 on: Today at 04:43:33 PM »
If what you say is true, it means that Polkadot is far behind other competitors, if you look at the age of the polkadot project, it is quite old, if I'm not mistaken, the first launch was in 2020 and in 2021 polkadot launched its first parachain but nothing seems to attract attention from investors or influencers.
When Moon beam and KSM were launched, many people thought the DOT coin price would be pumped high but what happened was that the DOT coin continued to fall to the price of $4, what happened to polkadot?
I think that DOT is worthy of investment, but yes, for some reason the tap has been turned off from the whales and they are not pouring as much money into it as they poured into it in 2021, very strange of course, but it is possible that it is on pause and with a sharp increase they will start pouring into it pour in a lot more money than if they did it gradually, this is used for pumps of young coins, I think it is quite possible to see this with the DOT coin.
Now I no longer monitor DOT—I've lost interest in it.
The price drop that has happened to DOT, in my opinion, is too significant. If we look at its all-time high of $50 and compare it to the current price of $4, this decline has caused many people to lose interest in Polkadot.


 

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