What is going on the mind of polygon investors ?

[South Park]

To be fair, every coin has ATH, and that's rarely not in the past. Would you say that none of them would go back to ath? Because i've seen some insane recoveries, and 464.8% needed for Polygon new ATH is nothing compared to them.

And polygon has lots of good fundamentals and big companies backing it. My favorite is of them definitely that reddit has adopted nfts as avatars and they are only using matic (or should i say pol already?

A recovery is indeed possible, but at the same time it is understandable that those that have held MATIC for a few years are worried about the lack of recovery, as there were some positive signs at the beginning of this year and now the price is lower than their expectations, so those long term investors are worried a new ATH may not be reached, forcing them not only to lose a lot of money, but wasting years of their time when they could have invested in another coin that actually brought them profits.

[FortuneFollower]

To be fair, every coin has ATH, and that's rarely not in the past. Would you say that none of them would go back to ath? Because i've seen some insane recoveries, and 464.8% needed for Polygon new ATH is nothing compared to them.

And polygon has lots of good fundamentals and big companies backing it. My favorite is of them definitely that reddit has adopted nfts as avatars and they are only using matic (or should i say pol already?

A recovery is indeed possible, but at the same time it is understandable that those that have held MATIC for a few years are worried about the lack of recovery, as there were some positive signs at the beginning of this year and now the price is lower than their expectations, so those long term investors are worried a new ATH may not be reached, forcing them not only to lose a lot of money, but wasting years of their time when they could have invested in another coin that actually brought them profits.

I totally agree. It seems like a lost opportunity for many, I imagine. However, they can't complain - it's either going out with your funds drained or waiting it out and forgetting about it before it will eventually bounce back (or not).

[betswift]

To be fair, every coin has ATH, and that's rarely not in the past. Would you say that none of them would go back to ath? Because i've seen some insane recoveries, and 464.8% needed for Polygon new ATH is nothing compared to them.

And polygon has lots of good fundamentals and big companies backing it. My favorite is of them definitely that reddit has adopted nfts as avatars and they are only using matic (or should i say pol already?

A recovery is indeed possible, but at the same time it is understandable that those that have held MATIC for a few years are worried about the lack of recovery, as there were some positive signs at the beginning of this year and now the price is lower than their expectations, so those long term investors are worried a new ATH may not be reached, forcing them not only to lose a lot of money, but wasting years of their time when they could have invested in another coin that actually brought them profits.

It looks bleak at the moment if we look at the charts, but what do you think can give this recovery a push?
Many are worried, but more should think about the possibilities that would make their position better.
And watch after the updates.

[Adbitco]

Even then I will ask to the communities or the polygon investor will think that it will be good idea to hold polygon for long-term or the best will be sell immediately after the recovery?

Matic all-time high is $2.92
The price now after the gain that you posted about is $0.517

Anyone that invested on the coin during its all-time high is losing 5.647 divided of the money the person invested on the coin. Example is someone that invested $1000 on Matic at all-time high. The person's money would be $177.05 by now . That means the person is losing $823 already.

So is it worth investing on the coin in long term when it has no chance to even get to its all-time high?

You are right seriously person is at a high level of lost that is why it's not always advisable to venture the market during bull run, when the market crashes there would be much lost and if time not taken it could be hard for them to bear the lost. This same reason is why people lament investment on cryptocurrency that it's very volatile, and of course it is, why would someone venture into market at the picked without knowing there is every likelihood for a serious dump from the market.

[FortuneFollower]

Even then I will ask to the communities or the polygon investor will think that it will be good idea to hold polygon for long-term or the best will be sell immediately after the recovery?

Matic all-time high is $2.92
The price now after the gain that you posted about is $0.517

Anyone that invested on the coin during its all-time high is losing 5.647 divided of the money the person invested on the coin. Example is someone that invested $1000 on Matic at all-time high. The person's money would be $177.05 by now . That means the person is losing $823 already.

So is it worth investing on the coin in long term when it has no chance to even get to its all-time high?

You are right seriously person is at a high level of lost that is why it's not always advisable to venture the market during bull run, when the market crashes there would be much lost and if time not taken it could be hard for them to bear the lost. This same reason is why people lament investment on cryptocurrency that it's very volatile, and of course it is, why would someone venture into market at the picked without knowing there is every likelihood for a serious dump from the market.

We should always take risks involved in investing in anything, really, for granted.
It's essential to stay up to date with the market and the risks involved.
You won't be profiting all the time here, it's a cycle of sorts.

[Adbitco]

Even then I will ask to the communities or the polygon investor will think that it will be good idea to hold polygon for long-term or the best will be sell immediately after the recovery?

Matic all-time high is $2.92
The price now after the gain that you posted about is $0.517

Anyone that invested on the coin during its all-time high is losing 5.647 divided of the money the person invested on the coin. Example is someone that invested $1000 on Matic at all-time high. The person's money would be $177.05 by now . That means the person is losing $823 already.

So is it worth investing on the coin in long term when it has no chance to even get to its all-time high?

You are right seriously person is at a high level of lost that is why it's not always advisable to venture the market during bull run, when the market crashes there would be much lost and if time not taken it could be hard for them to bear the lost. This same reason is why people lament investment on cryptocurrency that it's very volatile, and of course it is, why would someone venture into market at the picked without knowing there is every likelihood for a serious dump from the market.

We should always take risks involved in investing in anything, really, for granted.
It's essential to stay up to date with the market and the risks involved.
You won't be profiting all the time here, it's a cycle of sorts.

There are people who feels more relaxed with investment especially some sort of altcoin/shitcoin. Most times they are being Carried away with the profiting and what they having as ROI which most project keeps deceiving people to invest and stake their coins. But it's always advisable to invest in a solid coin that holds more potentials bitcoin and few top 10 altcoin.

[mdzahed134]

Also, POL upgrade makes it even worse because it's going to dilute the supply of tokens. And it's not just a "name change." I expect the price to go down even deeper.

yes, after the Polygon 2.0 upgrade, they expected the new $POL token to improve revenue and scalability, but its value has dropped significantly. Although $POL is live, it hasn’t gained much traction yet.

This upgrade is an important move for Polygon 2.0, but despite the technical improvements, the results so far have been disappointing.

I don’t know what's the benefits of upgrade MATIC to POL, but MATIC was big dumped before this upgrade, may be when they announce about upgrade when MATIC price was 0.34$-0.37$ but MATIC holders expected good pump after complete upgrade that's not happened provably it’s due to bearish market. In the last two months MATIC price decreased very badly which isn’t happened even in the last 2 years, it’s price never down below half dollar’s. I was holding significant amount of MATIC but i sold out at 0.55$ before announce upgrade.