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Author Topic: Is Polkadot Good For Future?  (Read 2871 times)
m_nief
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February 20, 2021, 03:48:57 PM
 #21

I think Polkadot will be a good competitor for Ethereum. Some projects are starting to choose Polkadot over ethereum due to ethereum's high fee which is not good for microtransactions. I am starting to buy and hodl Polkadot as it shows a lot of long-term potentials. I guess this way ethereum will have to keep up with other platforms since there are a lot of coins out there that could replace it anytime soon because of their usecases.
ethereum has weakness in high gas costs, so, many investors think it is better to use other alternatives such as polkadot. however, when viewed from the marketcap, polkadot are still far from being compared to ethereum. to become equal competitor with ethereum, it seems polkadot will take a long time

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February 20, 2021, 03:51:16 PM
 #22

the price is $40 you still can afford it so yes its a good token. you'll never know the much it could be in the next few weeks. maybe $50 or more. it's a top token on the list of coinmarketcap. Defi projects are the ones that are making money with this bull market, it's the next best token among the defis. if you feel like it's too late, there are other defi like UNI.

I think Polkadot will be a good competitor for Ethereum. Some projects are starting to choose Polkadot over ethereum due to ethereum's high fee which is not good for microtransactions. I am starting to buy and hodl Polkadot as it shows a lot of long-term potentials. I guess this way ethereum will have to keep up with other platforms since there are a lot of coins out there that could replace it anytime soon because of their usecases.
ethereum has weakness in high gas costs, so, many investors think it is better to use other alternatives such as polkadot. however, when viewed from the marketcap, polkadot are still far from being compared to ethereum. to become equal competitor with ethereum, it seems polkadot will take a long time

it's true that it's just too new to compete ETH at same level but there are already projects using DOT.









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February 20, 2021, 04:02:20 PM
 #23

Polkadot I think a good project. No 4 in the CMC rankings.

eth transaction fees are too high.  So, some investors and project owners want to use a different platform like BSC, Polkadot. In my opinion, if the Ethereum fee continues to rise, we will got some projects in Polkadot very quickly.
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February 20, 2021, 06:31:15 PM
 #24

Polkadot demonstrates many advanced sides as between nets connection, parallel chains, integrated security system, network scalability, simplified system connection of applications, etc. Whats about mass adaptation? The project is good but is a much young.
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February 20, 2021, 06:48:43 PM
 #25

I read all of the comments above. Everyone prefers Dot they only look to prices, they deal with DOT as a very high stock, meaning it is easy to double the money when invested.
We must stop thinking of it as investment. the future for any good project is technical development and not as fast as it in achieving a return on investment.
It is like other investments that will not increase interest in terms of price.

Hmm. Noway. I talked about tech compounds into the crypto.
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February 20, 2021, 07:09:13 PM
 #26

Yes Polkadot is very good for future. If it will become successful like Ethereum then expect a price above $1000 in near future. It will surely worth more than $100 soon.
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February 20, 2021, 07:16:20 PM
 #27

Polka has now successfully established itself in the top 5 CMC, its unique technology that combines various blockchains into a single network is essentially unique, because it solves a lot of problems in the network, including scalability, which is already ingrained in ETH.
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February 20, 2021, 08:58:35 PM
 #28

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
of course yes, because the price of Polkadot still continues to increase and I am sure if the price can still increase very high (my prediction is at least $ 100), therefore until now Polkadot is still suitable for investment, because the price is still cheap and has a great opportunity for the price to increase, therefore I am sure if you invest in Polkadot at this time, then of course you will get a big profit in the future.
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February 20, 2021, 09:18:27 PM
 #29

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
A good time was when it was under $5. Now its OK time as i hope it will be as strong as ETH one day.
But don't expect 100x tho
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February 20, 2021, 09:34:25 PM
 #30

It will be very usable in the future so I would invest. We have seen how coins value go up and down but in the long term it will pay off.

Polkadot is the new ETH, There parachain feature is almost identical to Ethereum while Polkadot is much faster and effective. Don't invest without proper research on a coin. It's better to know why the coin you will invest is gonna become successful in the future.

Invest smart. Don't be hype by others opinion

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February 20, 2021, 09:56:53 PM
 #31

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

mate, you should do your own analysis before invest in any cryptocurrency project
about polkadot, this coin now become very popular coins in crypto industry, and for me if you choose to invest in DOT
you do the right mate

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February 20, 2021, 10:17:58 PM
 #32

Dot is getting attention after climbing up at the top 3 recently overtaking other popular coins, but now its back to top 4. Since we are having isssues to eth network because of the not so new problem, high gas fee its common to find an alternative where we can be convenient when it comes to transaction fee.

Dot is a potential coin and good to invest in, so it can be an asset that can give us profit if we hold. However due to the expensive value of most coins buying at this time is not a wise idea.

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February 20, 2021, 10:22:33 PM
 #33

Dot is getting attention after climbing up at the top 3 recently overtaking other popular coins, but now its back to top 4. Since we are having isssues to eth network because of the not so new problem, high gas fee its common to find an alternative where we can be convenient when it comes to transaction fee.

Dot is a potential coin and good to invest in, so it can be an asset that can give us profit if we hold. However due to the expensive value of most coins buying at this time is not a wise idea.

yes, now polkadot become TOP altcoins because the high fees on ethereum network
by the way, the price of a lot of coins now is too high, wich mean this make the risk higher if we drop our money in this time
for me i will wait for a corrections, and try to find a good buy zone to enter the market


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TimeTeller
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February 20, 2021, 11:46:34 PM
 #34

Polkadot is good for long term and indeed very usable in the future. There are many projects also that under polkadot which is users will gains benefit from. I invest some in polkadot in my portfolio and observing the current price is continues increasing.

This is one of the important factors in considering a good project.
If they can attract developers to utilize their platform in deploying their project, it means, they are offering great services.
The more projects they can attract to use their platform, the higher the chance for their network to survive long term.
Following also the progress of polkadot as it seems promising to me.
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February 21, 2021, 06:37:40 AM
 #35

well, so far, I see the development of polka-dots really amazing. Even now it is still in the 4th position of CMC, so I think it is a coin worth taking into account when it comes to investing. however, the price is still quite cheap, I think that the price will increase in the future along with the development of cryptocurrency. but I'm not sure that polkadot can outperform ethereum or BNB.

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February 21, 2021, 07:40:01 AM
 #36

Seeing the polkadot ecosystem and the improvements that the team has been putting into work, I see that polkadot got a bright future.
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February 21, 2021, 07:42:10 AM
 #37

As you can see Polkadot ecosystem is getinng bigger and bigger and more partnerships/ projects are getting interested iwth it so Polkadot is a good hodl~ It got a very good use case.. I can say that its like a competitor for eth
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February 21, 2021, 08:30:20 AM
 #38

Quite right, since this cryptocurrency has not yet fully shown itself and therefore investing in this cryptocurrency would be a reasonable decision, of course it is better to wait until there will be a correction to buy Polkadot at a low price for more profit, but I think that already this year or next year Polkadot will reach new heights and of course the Polkadot price will also reach new heights on an ongoing basis and I think that the 50$ mark will be reached next year.
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February 21, 2021, 08:47:35 AM
 #39

Polkadot is advertised a lot and because of market connections with big exchanges, marketing that did wonders and the recent bull run that helped altcoins reach extreme prices, it has managed to reach multi billion market cap. I would expect first to see results from Polkadot as I am taking this platform model with a pinch of salt after having seen how EOS and Tron prices have shrinked so much and never recovered.
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February 22, 2021, 07:01:34 PM
 #40

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?

In my own little way and assessment, polkadot is one of the good investment nowadays when it comes to long term holdings.
I saw and witnessed how it performed so well in the market, even a a couple of months past I've seen it and though about that it
really has a potentials to give a nice profit. And I was right with that and holding it too for the long term also.

I see Polkadot as a reliable tool for unlocking scalability in the blockchain ecosystem. In my opinion, this is a useful and promising project. Time will tell whether the project will be able to achieve its goal and become the foundation for building blockchains!

We must admit that today's market competition is great, the market is oversaturated. Many projects are similar to each other. Polkadot wins in this regard, it has an individual approach to solving scalability, which is of interest to many users and investors.  Cool
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