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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mr.Ease on November 24, 2023, 04:47:34 PM



Title: Cosmos or PolkaDot?
Post by: Mr.Ease on November 24, 2023, 04:47:34 PM
I am interested in expanding my investment portfolio and have found some interest in interchain operable projects such as polkaDOT and COSMOS. I have really only looked into these 2 options as the market caps are in the range of where I would like to invest, meaning: significant funding for development, large community support, institutional interest, room for price growth.

One of the most attractive parts of these projects is the staking rewards, and seemingly endless airdrops. It almost seems like a no-brainer to get involved in one of these projects now that the crypto winter is coming to an end. Staking APY along with price growth is unreal: Dot ~ 11% and Cosmos ~ 20%.

I currently am leaning towards Cosmos because, on the surface, it seems to offer better rewards: double staking rewards, airdropped projects like Celestia...
But something has to be going on for polkaDOT as the marketcap is nearly 2X that of Cosmos. So I am obviously missing something.

Anyways, I am looking for input from the community.

Which one do you believe has a better potential?
What are the pros and cons of each?
Or simply, which one would you choose and why?



Title: Re: Cosmos or PolkaDot?
Post by: btc78 on November 24, 2023, 11:21:27 PM
both cosmos and polkadot share the purpose of being interoperable they have a lot of similarities but also a handful of differences

one of the weakness of cosmos is there’s a potential of traffic once it overloads because of its architecture
cosmos also have lots of competitors that might be stealing some market share

on the other hand polkadot’s technology allows for a more flexible approach depending on whatever your purpose is
something to note is that polkadot had been hacked before
it’s to see yet if they improved on their security or not
 


Title: Re: Cosmos or PolkaDot?
Post by: Velemir Sava on November 27, 2023, 03:45:49 PM
I think DOT is good and has a high opportunity for market growth, this is driven by a strong Market Capitalization and if we look at how traders measure it, they use the Relative Strength Index (RSI) as a measure of momentum to assess whether market conditions are leading to an uptrend or downtrend. but my submission says the pacifier will return to its normal price soon and I also recommend DOT to my friends and many people recommend it, although the price still varies from place to place.


Title: Re: Cosmos or PolkaDot?
Post by: criptoevangelista on November 27, 2023, 04:22:08 PM
I'm pretty discouraged about polkadot, I've been holding it for the last few years, but it's so complex that I don't see it being usable in the real world, I'm just waiting for a new high so I can sell everything I have


Title: Re: Cosmos or PolkaDot?
Post by: batang_bitcoin on November 27, 2023, 05:48:11 PM
What I am aware of is the offer that cosmos has if you're going to stake it. It's true that the rewards are better and no idea what's with DOT.
But seem to have working developments so why not just choose both of them and invest together with the capital that you're thinking of putting to only one of them? Because it seems that you know more than us that you're asking on which is better for you to invest.


Title: Re: Cosmos or PolkaDot?
Post by: Sophokles on November 27, 2023, 06:15:41 PM
They both have similarities, and their issues is kind of similar. Their technology is good no doubt even cosmos has some dapps build on them that is really amazing but the problem is they both lack marketing experts. Their marketing is very bad and this is a reason they haven't gotten their expected recognition in the market. They have issues with their business model as well. Atom coin doesn't have much use in their ecosystem. This coin is working more like an speculative asset and DOT's minimum token that needs to be locked for parachain auction in DOT's ecosystem limiting its growth. That is the reason they are launching DOT 2.0 with a better model.


Title: Re: Cosmos or PolkaDot?
Post by: GeorgeJohn on November 27, 2023, 10:00:11 PM
Theirs no coin that will not do well during the time of bullrun, so the two coins you listed I believe that during bullrun both of them get potential or accelerate from the price its to another price, I believe that any coins that survived bearish is good to have and its good to someone to invest it, so I can not judge the both coins because they are altcoins and I believe that altcoins their market is been pushed by bitcoin.


Title: Re: Cosmos or PolkaDot?
Post by: GreatArkansas on November 27, 2023, 10:51:42 PM
I don't trust Polkadot anymore, after Gavid Wood, one of the founders of Ethereum and creators of Polkadot left Parity Technologies, I am not looking forward to anymore to Polkadot. It seems Polkadot is dying and it was only a pure hyped before because of Gavid Wood, a lot of people hoping it will be the same success of Ethereum.


Title: Re: Cosmos or PolkaDot?
Post by: libert19 on November 28, 2023, 03:32:26 AM
I am leaning towards cosmos as well, although $dot wouldn't be a bad choice either when looking from speculative price point only, pretty sure you are to gain profits with it.

From practical perspective, I'd choose cosmos too, I found interacting with cosmos ecosystem better than polkadot.

You may also look at $osmo, it's exchange hub for all ibc coins.


Title: Re: Cosmos or PolkaDot?
Post by: bluebit25 on November 28, 2023, 03:38:48 AM
I assess the potential of both to be equivalent, but clearly, in investing, looking at the risk issue also requires attention. And with altcoins, I think this issue really needs careful research, its fluctuations are very harsh, so it will not always be perfect for investors.

With Cosmos we can benefit from staking very well, because there are many airdrop projects on the ecosystem with great rewards. But with investing, how can you achieve good profits, so setting reasonable goals so as not to miss out when prices increase is also a difficult problem for many people.


Title: Re: Cosmos or PolkaDot?
Post by: tajimas on November 28, 2023, 08:38:21 AM
Cosmos (ATOM) had been among the first Blockchain based coin solving the problem of scalability and interoperability in the Blockchain industry, the DeFi structure on its decentralized exchange Osmosis increases the liquidity to which more assets are staked through their unique validators.

Polkadot on the other side has similar features but mainly focus on their polkadot parachain with Glimmer GLMR token and others. The both Blockchain coins are really a good one but I'll consider more on cosmos 


Title: Re: Cosmos or PolkaDot?
Post by: Kelward on November 28, 2023, 01:02:48 PM
Theirs no coin that will not do well during the time of bullrun, so the two coins you listed I believe that during bullrun both of them get potential or accelerate from the price its to another price, I believe that any coins that survived bearish is good to have and its good to someone to invest it, so I can not judge the both coins because they are altcoins and I believe that altcoins their market is been pushed by bitcoin.

So in essence both cosmos and polkaDot, are good to go for the OP, since they both have the potentials to accelerate profitably during bull run. Although my preference in altcoins still remain ethereum, but I still see other potential altcoins, like the ones mentioned above, that can do well in bull run, after bitcoin has set the pace. Like you said I also believe that many altcoins will be profitable during the bull run, because of increased investors participation, as a result of cashing in from bitcoin. But the problem with altcoins is that how many will survive after the bull run? This is why one needs to very careful about choosing altcoins.


Title: Re: Cosmos or PolkaDot?
Post by: Mr.Ease on November 28, 2023, 05:41:35 PM
both cosmos and polkadot share the purpose of being interoperable they have a lot of similarities but also a handful of differences

one of the weakness of cosmos is there’s a potential of traffic once it overloads because of its architecture
cosmos also have lots of competitors that might be stealing some market share

on the other hand polkadot’s technology allows for a more flexible approach depending on whatever your purpose is
something to note is that polkadot had been hacked before
it’s to see yet if they improved on their security or not
 

I did not know about a hack on Dot. I will look into that.

Though, being hacked isn't always a dealbreaker in crypto as everything eventually seems to get hacked sooner or later. ETH forked, btc forked, etc; Almost like a hack is a rite of passage..
It's the response to the hack that matters and can even be a positive from what I have seen.

 Thanks for the info, have a merit


Title: Re: Cosmos or PolkaDot?
Post by: electronicash on November 28, 2023, 05:53:06 PM
Theirs no coin that will not do well during the time of bullrun, so the two coins you listed I believe that during bullrun both of them get potential or accelerate from the price its to another price, I believe that any coins that survived bearish is good to have and its good to someone to invest it, so I can not judge the both coins because they are altcoins and I believe that altcoins their market is been pushed by bitcoin.

So in essence both cosmos and polkaDot, are good to go for the OP, since they both have the potentials to accelerate profitably during bull run. Although my preference in altcoins still remain ethereum, but I still see other potential altcoins, like the ones mentioned above, that can do well in bull run, after bitcoin has set the pace. Like you said I also believe that many altcoins will be profitable during the bull run, because of increased investors participation, as a result of cashing in from bitcoin. But the problem with altcoins is that how many will survive after the bull run? This is why one needs to very careful about choosing altcoins.

sort of what he is saying but i can also say, it's best to get out after the bull run. you know what happens to altcoins every time a bear market starts. the 2 i think have survived the bear market since 2021. they will survive.  the only obstacle that they may not survive is if Gensler attacks them being a security which the team has to haave at least 100M to fight a legal case. if they are not like Ripple Labs which has deep pockets for a fight, they will fall into the hands of the SEC.


Title: Re: Cosmos or PolkaDot?
Post by: dansus021 on November 29, 2023, 02:27:53 AM
I just see both coin as a staking coin so nothing to lose but I hear the polkadot has the launching program from the binance so when you stake you will get new project token with certain amount of locked money. I think is big win. and the polkadot like you have said earlier has better marketplace than cosmos.

or if you still confused just buy two of them with percentage example polkadot 70% and cosmos 30% have both project is always better right