davidcarpediem (OP)
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February 28, 2021, 04:50:43 PM |
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I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never  |
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disconnectme
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February 28, 2021, 08:53:44 PM |
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Are you a trader or an investors, the investment thesis for both is different. I will buy DOT anytime if I am investing into it because I think the ecosystem is growing and can only get bigger but to trade it, the price is currently making Higher -Low which I think present a good entry point in you want to scalp it
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ife2020
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Are you kind to your neighbor? Think it through
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February 28, 2021, 09:31:23 PM |
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I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never Well, for any crypto currency token; a good entry will depend on seperate individuals; instead of seeking help about a new entry; did you research about dot? did you work on its price and market analysis? For me, a good entry is a very fundamentally dipped of a token. |
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seleme
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Duelbits.com
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February 28, 2021, 10:19:20 PM
Last edit: March 01, 2021, 11:58:28 PM by seleme |
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Regardless of the current price, I don't advise investing in altcoins in the wild market circumstances. If you ask me, the best entry point is to buy the altcoins after a blood bath which is not far from this point. Let's wait and buy at a cheap price rather than FOMOing. I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never Well, for any crypto currency token; a good entry will depend on seperate individuals; instead of seeking help about a new entry; did you research about dot? did you work on its price and market analysis? For me, a good entry is a very fundamentally dipped of a token. Fundamentally it has the potential to go higher than ATH price but it is not guaranteed the drop will not happen here. I agree, instead of chasing new higher high price points, waiting for the new dump and entering at the lower price is smarter than doing random investments. |
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lozovenkop
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February 28, 2021, 10:47:29 PM |
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Dot has not sunk much in relation to some other altcoins, so I think we should wait for a stronger decline.
But of course it is dangerous to buy altcoins now.
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terciduk123
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February 28, 2021, 11:14:27 PM |
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Are you a trader or an investors, the investment thesis for both is different. I will buy DOT anytime if I am investing into it because I think the ecosystem is growing and can only get bigger but to trade it, the price is currently making Higher -Low which I think present a good entry point in you want to scalp it
I agree with you. if you are an investor, you can buy it now and hold it up to your desired target price, but if you are a trader, make sure you buy it at a support point or when it breaks out. and the most important thing is that you do your research or review before investing. |
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santiPOGI
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February 28, 2021, 11:40:36 PM |
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I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never In which status you belong dude? Trader or Investors? Because, when it comes to DOT, no doubt it gave a lot of performance. I mean it really showed an impressive volume in the market. So, if your an investors I think you need to wait a little bit before you invest or buy em then once it get dump then buy just as simple as that. |
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CuriousGeorge
Sr. Member
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Activity: 1498
Merit: 251
KUWA.ai
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February 28, 2021, 11:57:38 PM |
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I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never The good entry should be at the bearish moment. That will make you can get the bottom position to decrease the risk when the market gets dipping again. The rate can't be determined and you must buy your DOT on the various rate to avoid the big loses. If you wanna go for long term and just buy and hodl but when you wanna try to trade dot and you must aware about this dude. |
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X-ray
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March 01, 2021, 07:25:47 AM |
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I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never The entry point should be yesterday and the price of crypto started to recover from the bottom. Im thinking if you can try to put small money when it was dipping. The time to buy the cheap coin already passed and it looks like we will meet another recovery phase for cryptocurrency. You can always use the recovery phase as the best time to exit from the market after you have gathered decent profit from your money. You must remember buy low and sell high dude. |
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bittraffic
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March 01, 2021, 07:41:43 AM |
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It was $40 the last time but now that it dips to $33 I guess that's a good entry point. Every dip is a good entry point but this is if the bull market continues. We are just unsure yet. For a long-term investor, it shouldn't worry them for they could just wait till the price is ripe enough for them. 6th in the rank, it should be a good project to invest with i imagine will compete BNB one day.
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illnino
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March 03, 2021, 05:00:52 PM |
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I fully share the opinion that Polkadot is a very promising asset. And now is probably the best time to replenish your portfolio with this coin. In the near future, we will be able to see good growth and development of the project, as was the case with Ethereum. The prospects are very impressive, this year Polkadot will have its own stablecoin Acala [aUSD], which will be pegged to the dollar. In general, I am glad that the cryptocurrency has reached the level it is now and will reach even more. We have many great achievements ahead.  |
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krisnajsadrak
Sr. Member
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Activity: 1092
Merit: 250
Hodlers Network
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March 03, 2021, 05:11:22 PM |
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I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never talk about polkadot, its better for you to hold this altcoin for long term, if you don't have enough knowledge about technical analysis to know when the right time to enter or exit the market my friend |
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Flowzer
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March 03, 2021, 05:31:27 PM |
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DOT at this time trying to break their resistance which is its ATH point. If its breaked, mostly the price will going up wildly.
I will entry right just after its happen (ride the wave).
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gabbie2010
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March 03, 2021, 06:09:48 PM |
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DOT at this time trying to break their resistance which is its ATH point. If its breaked, mostly the price will going up wildly.
I will entry right just after its happen (ride the wave).
The resistance at $39 to $40 looks solid once DOT beaks that resistance the price is going to reach another ATH I believed this is well achievable any moment from now based on price forming a higher low consecutively on 4 hour timeframe an indication that the price is still very bullish while the price is gathering momentum and volatility towards breaking the strong resistance, the best entry is now before it is too late, buying later might not be profitable enough. |
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dhemasm
Full Member
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Activity: 1829
Merit: 134
Moderator
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March 03, 2021, 06:12:13 PM |
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Depends which one are you, Trader Or Investor? For short term especially trader just look the Chart, Partnership, Exchange Listing it also Valid For Long Term if you are an Investor but it much Complicated, You need understand what DOT supposed to be and from my perspective it was have an strong Concept with Cross-Chain interoperability and scalability which is good for Long Term investing, Beside that you need to see the Development, Roadmap, Partnership. So far i understand you are an trader and the simple thing to do just looking too Market Condition & Correction, Ecosystem Development, Exchange Listing And Partnership.
Good Entry Point: Stagnant Bitcoin Price, Partnership, Exchange Listing, Read The Candle Stick
Bad Entry Point: Overpriced, Correction (On Peak), Massive Bitcoin Price Change
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Kitaiev
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March 03, 2021, 06:17:06 PM |
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Polkadot is a very good coin. It all depends on what your plans for the coin are if you want to make quick money on the growth of a coin, then you better stand aside.
However if you want to use the coin in the future then now it is not a bad price the main thing in this case is not to buy at once for the entire planned amount.
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fia_naila
Sr. Member
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Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
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March 03, 2021, 06:34:12 PM |
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I bought dot at $6, i know it will goes up because of these reason :
1. Project fundamental
2. We are on bullish market
3. There will be Polkadot decode in may.
But if you want to buy. Entry point is arround $30-$40. My goals is to hodl untill $100
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Anonylz
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March 03, 2021, 06:44:15 PM |
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I dont know if my question is stupid. But what you will consider a good entry point for DOT? And exit? I am sure some will write never Not stupid at all, just that nobody cab say for sure if the bear period will linger on for long, or it will be like a correction in intervals, it is had to tell what will happen if not I would also say a good entry point, A friend of mine was also discussing with me about it and my respond to him was to wait and see what will happen in next few days before jumping in. |
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