Ethereum Layer-2 is very successful, which native tokens are you investing in?

[Hamza2424]

I was also an investor in MATIC but I started losing hope.

Hmm, the same is the case with me, I was super bullish with the matic and now things are complicated but still I'm holding all my matic strongly seems like, it will survive and for sure when this happens it will make us some good returns.Haha, at least I can have a positive attitude toward my investment. Still there are many options in L2 narrative like ARB which is most likely going to be the leader of this trend in my views.

[vegasus]

I was also an investor in MATIC but I started losing hope.

Hmm, the same is the case with me, I was super bullish with the matic and now things are complicated but still I'm holding all my matic strongly seems like, it will survive and for sure when this happens it will make us some good returns.

Is there still hope for Matic? I am also really losing hope on this coin. Even though I invested quite a lot in this coin. I put too high hopes on this coin, it turned out that Solana was the one that could really go up and develop extraordinarily.

Even though Matic is actually good, it's just that it's hard to develop, and this price is really hard to get past $0.5. Can it touch a new ATH later?

Indeed, if it is altcoin, the main investment is in Ethereum only. Although many coins have emerged and claim that they are better than ETH, but still, the market cap cannot lie. And ETH remains the best altcoin and has the potential for price development.

[KryptoBull]

Is there still hope for Matic? I am also really losing hope on this coin. Even though I invested quite a lot in this coin. I put too high hopes on this coin, it turned out that Solana was the one that could really go up and develop extraordinarily.

Even though Matic is actually good, it's just that it's hard to develop, and this price is really hard to get past $0.5. Can it touch a new ATH later?

Indeed, if it is altcoin, the main investment is in Ethereum only. Although many coins have emerged and claim that they are better than ETH, but still, the market cap cannot lie. And ETH remains the best altcoin and has the potential for price development.

The success of MATIC during the 2021 uptrend has led to a massive community, who continue to buy and hold MATIC despite its weaker price performance compared to other L2 native tokens in the market. SOL is an exception, as it has risen from the ashes of the FTX collapse, providing returns for many investors and leaving both you and me with feelings of regret.

I believe ETH still deserves a place in any investment portfolio, even though many other L2 native tokens are promising and L2 is developing rapidly. The recent sharp correction of many L2 native tokens has reaffirmed this, meaning that investing in them also means accepting high risks and requiring good capital management.

[malah]

I was also an investor in MATIC but I started losing hope.

Hmm, the same is the case with me, I was super bullish with the matic and now things are complicated but still I'm holding all my matic strongly seems like, it will survive and for sure when this happens it will make us some good returns.

Is there still hope for Matic? I am also really losing hope on this coin. Even though I invested quite a lot in this coin. I put too high hopes on this coin, it turned out that Solana was the one that could really go up and develop extraordinarily.

Even though Matic is actually good, it's just that it's hard to develop, and this price is really hard to get past $0.5. Can it touch a new ATH later?

Indeed, if it is altcoin, the main investment is in Ethereum only. Although many coins have emerged and claim that they are better than ETH, but still, the market cap cannot lie. And ETH remains the best altcoin and has the potential for price development.

Ending up with a coin, in which the concerned country or monetary authority has not delivered as expected, is definitely a kind of learning. In the given investment, it will be possible to assess our location, as well as the future moves without running a chance. Each asset has its own timeline and it can sometimes take a while before a project really gets an opportunity to shine. As we have seen in the current situation Matic saw scalability potential in technology, and perhaps there is more space to scale if the expansion of the network continues in the future. It is also still possible to track the progress of this particular project as well as diversify our range of services to reduce risk exposure. Individual and gradual actions help keep the course in achieving a healthier and better formulated financial goal.

[KryptoBull]

Ending up with a coin, in which the concerned country or monetary authority has not delivered as expected, is definitely a kind of learning. In the given investment, it will be possible to assess our location, as well as the future moves without running a chance. Each asset has its own timeline and it can sometimes take a while before a project really gets an opportunity to shine. As we have seen in the current situation Matic saw scalability potential in technology, and perhaps there is more space to scale if the expansion of the network continues in the future. It is also still possible to track the progress of this particular project as well as diversify our range of services to reduce risk exposure. Individual and gradual actions help keep the course in achieving a healthier and better formulated financial goal.

Matic was once very famous and successful in 2021 when it was the first L2 for Eth. However, in this season, newer and more exciting projects have replaced Matic: Op, Arb, Base, Strk... I rarely read any updated news about Matic, it seems to have been forgotten in the L2 trend.

Every project has its own opportunity and time, I don't think Matic can regain its past glory. MATIC is also not included in my investment portfolio, I'm afraid that all its price-pumping potential has been fully exploited in the previous season and it won't be pumped hard in this season.

[rdluffy]

Matic was once very famous and successful in 2021 when it was the first L2 for Eth. However, in this season, newer and more exciting projects have replaced Matic: Op, Arb, Base, Strk... I rarely read any updated news about Matic, it seems to have been forgotten in the L2 trend.

Every project has its own opportunity and time, I don't think Matic can regain its past glory. MATIC is also not included in my investment portfolio, I'm afraid that all its price-pumping potential has been fully exploited in the previous season and it won't be pumped hard in this season.

To this day I use Polygon network a lot, and I still find it very good and secure, I have more than 1200 txs in polygon
Easy to convert ETH (weth) into USDT or USDC and send or receive from exchanges, as well as being fast

However, competing L2s have a lot of users farming airdrops, like Base, Linea, OP etc... and I think a lot of TVL is precisely because of the airdrops, not about the fees or tech in general, but only due to airdrops

[KryptoBull]

To this day I use Polygon network a lot, and I still find it very good and secure, I have more than 1200 txs in polygon
Easy to convert ETH (weth) into USDT or USDC and send or receive from exchanges, as well as being fast

However, competing L2s have a lot of users farming airdrops, like Base, Linea, OP etc... and I think a lot of TVL is precisely because of the airdrops, not about the fees or tech in general, but only due to airdrops

Airdrop is also an effective marketing tactic and Matic has used it very successfully. In addition, investors often prefer new projects with new solutions, while Matic may have already been fully exploited and whales may not choose Matic after taking profits.

I rarely use Matic, I also rarely hear about it on crypto media. MATIC price has recovered from 0.3 USD to 0.7 USD but has not been able to generate excitement for investors. Matic may be very good but unfortunately, it is not the chosen L2 this season.

[segmadis]

Actually the airdrops are something that can make you a decent profit of course if you have time and the right tactics when to sell it.
Just remember with the airdrops that about 90% of them will fail even before launched on the markets, 5% will not make any impact long term, and maybe 5% of these have some possibility to have a good big bang. That's at least according to my experience over the years

[rdluffy]

Take a look at this nice chart that I found:


Source

[Gurujebs]

Actually the airdrops are something that can make you a decent profit of course if you have time and the right tactics when to sell it.
Just remember with the airdrops that about 90% of them will fail even before launched on the markets, 5% will not make any impact long term, and maybe 5% of these have some possibility to have a good big bang. That's at least according to my experience over the years

This is why you need to sell them as soon as you are given the rewards but if you believed in the project, you can still hold it pending when it get up there again, the chance of growing it's always difficult because there are more competitors around that can make you like be among the best unless you have something unique to offer the investors.

It's really scary how we now have different projects launching everyday, this one is layer 2 and the next one is layer 2, there is nothing unique in their development, just sampling projects everyday and makes you wonder when it's going to get better better.

[Azharul]

To this day I use Polygon network a lot, and I still find it very good and secure, I have more than 1200 txs in polygon
Easy to convert ETH (weth) into USDT or USDC and send or receive from exchanges, as well as being fast

However, competing L2s have a lot of users farming airdrops, like Base, Linea, OP etc... and I think a lot of TVL is precisely because of the airdrops, not about the fees or tech in general, but only due to airdrops

Airdrop is also an effective marketing tactic and Matic has used it very successfully. In addition, investors often prefer new projects with new solutions, while Matic may have already been fully exploited and whales may not choose Matic after taking profits.

I rarely use Matic, I also rarely hear about it on crypto media. MATIC price has recovered from 0.3 USD to 0.7 USD but has not been able to generate excitement for investors. Matic may be very good but unfortunately, it is not the chosen L2 this season.

I think that you could explain a best opinion in your comment. I also believe that Ethereum layer 2 is also a best valuable for cryptocurrency market. I also believe that gradually it's price is increasing in crypto currency market. I also believe that Ethereum layer 2 is also achieve best popularity in this time. I also believe that within a short time Ethereum layer 2 will reach out in best position in cryptocurrency market. I also use Matic in this time, because I think that Matic price also reach best position in cryptocurrency world.

[sampoerna]

This is why you need to sell them as soon as you are given the rewards but if you believed in the project, you can still hold it pending when it get up there again, the chance of growing it's always difficult because there are more competitors around that can make you like be among the best unless you have something unique to offer the investors.

Regarding new tokens from new projects, yes, it is very high risk to hold for a long time, especially if the project is not very convincing, oh well, it's better to take profits or sell it when there is still a price. Because many times, most new projects experience the same obstacles, namely failing in the market, even dying immediately after listing, or even the dev and their teams running away, only listing on DEX or on low exchanges. This often happens because that's why if you play in low projects or new projects like this, risk management must be more prepared, and you must have your own analysis for the most appropriate selling momentum, because it is indeed that difficult to maintain new tokens to stay in the market with high progress.

[joniboini]

It's really scary how we now have different projects launching everyday, this one is layer 2 and the next one is layer 2, there is nothing unique in their development, just sampling projects everyday and makes you wonder when it's going to get better better.

To be fair we always have this kind of cycle every season. For example, we got RWA projects popping out in succession, before that we had NFTs, DEXes, and so on. It just shows that some projects exist because they want to ride the market trend, not necessarily because they have a strong foundation to achieve their goal. Other than the first two or five projects that started the trend I'd say being more cautious is warranted.

Speaking of L2, I found some discussion talking about the possibility of L3 or even L5 in the future. I think it's interesting that some people talk about that, which suggests that some L2 is not really successful if they consider the need for a cheaper layer for them. I'm personally waiting for Linea to see whether I waste my time participating in their community program or not.

[KryptoBull]

To be fair we always have this kind of cycle every season. For example, we got RWA projects popping out in succession, before that we had NFTs, DEXes, and so on. It just shows that some projects exist because they want to ride the market trend, not necessarily because they have a strong foundation to achieve their goal. Other than the first two or five projects that started the trend I'd say being more cautious is warranted.

Speaking of L2, I found some discussion talking about the possibility of L3 or even L5 in the future. I think it's interesting that some people talk about that, which suggests that some L2 is not really successful if they consider the need for a cheaper layer for them. I'm personally waiting for Linea to see whether I waste my time participating in their community program or not.

We are exploring and finding ways to leverage the full power of L2, while L3 is still quite new and has not received much attention because they are not yet truly necessary for users, as the application layer is not something that investors want to access yet. Even the role of L2 is being questioned by many blockchains that have been able to achieve speeds of tens of thousands of tps and are sufficient to serve user needs.

I hope you will have a big reward from Linea, similar to what hunters have received from Arb and Op. The L2 trend has not officially exploded yet, and opportunities are still open for all potential projects with effective solutions!

[segmadis]

Actually the airdrops are something that can make you a decent profit of course if you have time and the right tactics when to sell it.
Just remember with the airdrops that about 90% of them will fail even before launched on the markets, 5% will not make any impact long term, and maybe 5% of these have some possibility to have a good big bang. That's at least according to my experience over the years

This is why you need to sell them as soon as you are given the rewards but if you believed in the project, you can still hold it pending when it get up there again, the chance of growing it's always difficult because there are more competitors around that can make you like be among the best unless you have something unique to offer the investors.

That's exactly true. I remember how in 2018 I had about 6k Ethereum BLUE (it was going to $2 at one point) from airdrop and bounties. Once it hit $1.5 I sold about the half of them, and I left the rest, because I really was thinking that the project will have some impact. Of course it turned out to be a mistake speaking for this now, but who could knew. That's why I stopped participating in any bounties actually, but that's another story.

It's really scary how we now have different projects launching everyday, this one is layer 2 and the next one is layer 2, there is nothing unique in their development, just sampling projects everyday and makes you wonder when it's going to get better better.