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Author Topic: Is Polkadot Good For Future?  (Read 2867 times)
DanielBroonze (OP)
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February 18, 2021, 02:51:42 AM
 #1

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
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February 18, 2021, 04:36:44 AM
 #2

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.
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February 18, 2021, 05:25:04 AM
 #3

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.

As you said, Polkadot is showing some promising features here. As people are still complaining about the high gas fees in eth network, developers are finding an alternative options where to build their project. And it seems, DOT is a good alternative. So yeah, DOT seems to have a good future but you still need to keep up with their updates and happenings so you know that they are indeed following their objectives here.
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February 18, 2021, 08:43:55 PM
 #4

I really like Polkadot, I think the growth potential is huge, almost like Ethereum this year. It is quite possible to grow to several hundred, or even thousands or more. Many appreciated the benefits of the coin and the project, so the forecasts for the development of DOT are very encouraging. Roll Eyes

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February 18, 2021, 08:49:02 PM
 #5

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

DOT brings interoperability which is very important. Also building chains with substrate is easy... there's a few vids of Gavin giving a talk and ripping out a blockchain in 20 minutes. The bet against "one coin to rul them all" and developer friendliness is enough to ensure a bright future. The tokenomics revolving around parachain loans are good as well.
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February 18, 2021, 08:54:35 PM
 #6

I don't doubt the DOT, one of the coins I trade. Yes, this coin can be a profitable investment in the future. I think collecting them from now on is a good idea. DOT could be a competitor to ETH

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February 18, 2021, 08:54:50 PM
 #7

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

DOT brings interoperability which is very important. Also building chains with substrate is easy... there's a few vids of Gavin giving a talk and ripping out a blockchain in 20 minutes. The bet against "one coin to rul them all" and developer friendliness is enough to ensure a bright future. The tokenomics revolving around parachain loans are good as well.
Polkadot and Cardano are safe bets for the future. They are better then competition and if you compare to etherium the have a advantage since they come later to crypto space and don't have same problems ETH has. ETH is still king but for future we may see a change in that.
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February 18, 2021, 08:57:42 PM
 #8

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

no doubt on this coin, because i have few amounts of DOT in my wallet now, and i have a plan to hold this coin for long term,
i think a lot of people do the same too, but you need to DYOR mate, not only follow the other people suggestions

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February 18, 2021, 09:02:27 PM
 #9

It is three of them that are competing.
BNB
DOT
ETH
All of them are good to invest in and have a good awaited future. And what's happening for all of them is that if you miss buying the lows, you'll be forced to buy on its way to the peak.
If you haven't invested yet, you need to decide already.

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February 18, 2021, 09:06:45 PM
 #10

Many dApps platform alternative will going up soon. Ethereum high gas fee issue really matter for a sustainability of many project.
My bet on EOS and DOT right now! So like EOS i think DOT very good for future too Cool

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February 18, 2021, 09:30:31 PM
 #11

Polkadot is a go getter project, the team behind Polkadot are real experts who cares only about action and doesn't rely on investors much, they believe in real utilities, the project have every thing that Ethereum has and also some parts are just better on Polkadot platform

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February 18, 2021, 09:39:52 PM
 #12

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
Personally i have not purchased any dot coins till now nor i have used their network so i cannot really comment on the efficiency of the project but i have generally followed the price since its listing and seems like its demand is growing which means there are even more bulls ahead.

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February 18, 2021, 09:44:26 PM
 #13

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

you still have a chance to buy polkadot before the price growing and touch about $100 my friend
because in my opinion for a good project like polkadot, for now the price is still cheap mate

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February 18, 2021, 09:48:34 PM
 #14

Look at kusama
https://www.coingecko.com/en/coins/kusama
This is the first working network on the Polcadot blockchain.
When projects are launched on the Polkadot Mainnet, the price of DOT can go up dramatically.
The polcadot ecosystem cannot add more than 100 parachains due to network performance and computing resource constraints.

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February 18, 2021, 09:53:56 PM
 #15

PolkaDot has huge potential but it is too early to talk about replacing ETH or other established altcoin on the top 5 coinmarketcap list. The high fees and the unreliable speeds can force the new projects to choose the Polkadot network over the ETH network but there is a long-time prediction before this happens. Polkadot and ETH are still worth to invest and add more to the portfolio.

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February 18, 2021, 10:22:55 PM
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 #16

Pokaldo is really doing greatly in the market, at first I looked at the coin as a means of pump and dump scheme and also a noise making one making ways to dominate ethereum, I see them on the higher level but not too way big than ethereum, meanwhile they are a good investment asset for long term holding. I will be looking forward to buy more of it an hodl while I never miss the chance and opportunity.

Also, polkadot high plan to compete with ethereum will let them go a long way because one of the Cofounder of ethereum is part of the project and I see a high great potential in them in the future.



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February 18, 2021, 10:56:51 PM
 #17

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
Yes, it is considered the price of polkadot is quite stable at this moment dude. Bitcoin is still seeing another bullish trend to come and that means there will be another chance for DOT to increase again along with the bullish trend that is happening with bitcoin. I think that polkadot is the best coin at this moment to be used as an investment but the problem is how you can get the best position for you to enter the market.
This will be determining your profit and how much you will get in the future. It's better to enter into the polkadot market when the bearish trend is happening with it. You should wait for the correction

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February 19, 2021, 01:57:42 AM
 #18

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.
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February 20, 2021, 03:33:27 PM
 #19

Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
Yes, now is definitely the right time for anyone to invest in Polkadot. Defi has been the trend as of recent and a lot of investors has focused on it. Although I don’t know for sure if Polkadotcan be really be the Ethereum killer as they say. Nobody talks about the old Ethereum killers, like EOS and Tron, nobody talks about those ones any longer.

For years Ethereum has proven to be way more stronger than all its opponents, so I don’t know if Polkadot is going to be making any difference , although right now I will still vote Ethereum. And moreover I think the reason Polkadot seems like it’s relevant is because of Defi is trending, and for how long are they going to trend?

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February 20, 2021, 03:41:08 PM
 #20

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

I think polkadot is the best and future of DeFi. Within the last few months, it reaches $40 and marketcap reaches to $37B which is new record. Many new positive news are coming regularly for DOT. I think it's price will go up and finally going to sky now.
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