Does matic (polygon) worth to invest?

[bamb]

Matic (polygon)  and dogecoin are two different coin with different utility and objectives.  Matic is a side chain to ethereum platform.  Matic evolve from ICO on binance exchange into a coin that can add value to Cryptocurrency in general. Dogecoin is a meme coin and that also have fun and entertaining value in Cryptocurrency space!

[ahmia39]

matic is only suitable for the short term, because as far as I know matic cannot be classified as one of the coins for long-term investment right now. so I think I should be more careful in matic because it still has risks

Basically all coins have risks, only the difference is in how big or small the risk is, because coins like Matic clearly have risks but not too big because Matic also often follows Bitcoin rallies, so when there is a pump on Bitcoin, automatic purchases will also increase so that automatic coins will also experience a pump.

[dhemasm]

matic is only suitable for the short term, because as far as I know matic cannot be classified as one of the coins for long-term investment right now. so I think I should be more careful in matic because it still has risks

Well, Basically all crypto will always have risk since the market was volatile and i don't think Matic it's only for short term, Did you ever read it's advantages or atleast understand what is Matic/Polygon? It's offering tons of improvement from Ethereum Network, Cheaper Fee, Faster Transaction, Wider scalability and many more, Did you every try to use Matic Before? If not then i really recommend you to try it and understand first why it's really good for long term, Cheers!

[jaberwock]

I am probably one of the fans of Matic, but it is especially for short investment.
If we are looking for a long-term investment, why don't you choose top coins like Bitcoin, ETH, and also BNB that are considered much better?
I know that Matic also has good fundamentals. And the chance for this altcoin is good enough to survive, even in this bearish era.
But, once more, do your best analysis and what kind of investment and strategy you are and you have so that you will not regret later.

I would say that there is a chance Matic could be a very profitable long term project. There is no guarantee in the crypto world as we all know but there is a good chance we could actually see it work out great for Matic. Right now there are tons of Polygon tied projects are coming out and this is a bear market, which means that it is not going to change much of anything, because there are not that many people who are interested in crypto as it is, since it is not going up anymore.

However when there is another bull run and we actually end up seeing all of crypto going up, I think Matic could actually end up going up a lot more than others because it has a great ecosystem that is currently working as it is, it would be working a lot better when the prices start to go up as well. That is what I hope will happen, but I am not sure if it will happen or not.

[ZAINmalik75]

Many people claim that matic is better than dogecoin after the recession last week. Do you agree?

Matic is in one of those project which has his own blockchain. And its has a handsome usecase and strong fundamental project.
While on the other hand is doge coin which has also his own blockchain I know it has not a best fundamental but there is one of the world top wealthy man elon Musk is fully support doge coin so everything can happen.
So I told you that both are best at thier own place so invest and both . both will be better in future

[Boomber]

Many people claim that matic is better than dogecoin after the recession last week. Do you agree?

Of course I agree, because I think matic has a good product and useful project, while dogecoin is just a meme coin, so of course it proves that matic is indeed better to invest than dogecoin, that's why I prefer to invest in matic rather than dogecoin to be used as a long-term investment, because matic is safer to invest than dogecoin.

[Shasha80]

altcoin products, if used for investment, in my opinion, provide a very high risk and there is no guarantee that they can make a profit, I think it's better if you don't put your money here, some for matic some for other coins so that when the price on this coin collapses then you still have savings in other coins.

Very good advice, we really don't get used to investing in only one coin. If we really want to invest in matic, just do it. but do not use all the capital
we have. Use some to buy matic and the rest can be bought for some other coins. If it turns out that the matic is not working as we want, because
the price is falling, we can still get profit from other coins. But based on the analysis and research I did, I would suggest not investing in matic,
because there are many other coins that are more suitable for investment.

[FinneysTrueVision]

It is trying to fix ETH and will become obsolete with ETH2. It is already pumped so not too good for long term investment IMO. Not financial advice though.

I don't think it will become obsolete. It has enough adoption to have a big network effect. People will still continue using it for a while.

Polygon has started to take away market share from ETH competitors like BSC. Fees are extremely low and you can bridge any token from the ETH main chain. Sidechains like Polygon still face the same scaling issues as any blockchain but they are typically more centralized so it is not an immediate concern. Newer projects don't just want to limit themselves to just one chain and they are including Polygon. As long as people continue to build on it there will always be demand for their native token.

[rmhuntley]

It is trying to fix ETH and will become obsolete with ETH2. It is already pumped so not too good for long term investment IMO. Not financial advice though.

I don't think it will become obsolete. It has enough adoption to have a big network effect. People will still continue using it for a while.

Polygon has started to take away market share from ETH competitors like BSC. Fees are extremely low and you can bridge any token from the ETH main chain. Sidechains like Polygon still face the same scaling issues as any blockchain but they are typically more centralized so it is not an immediate concern. Newer projects don't just want to limit themselves to just one chain and they are including Polygon. As long as people continue to build on it there will always be demand for their native token.

Almost coin right now try to make their new network without depending on ERC or BSC network, I think is good but many investor confused to buy with coin use their self network, how ever is not similar because they want invest with famous coin network like BSC or ERC. First time launching I see matic coin and now rename with polygon using ERC network and now move to their self network, how ever still waiting when this network popular and know by many investor.

[RealMalatesta]

I would say that there is a chance Matic could be a very profitable long term project. There is no guarantee in the crypto world as we all know but there is a good chance we could actually see it work out great for Matic. Right now there are tons of Polygon tied projects are coming out and this is a bear market, which means that it is not going to change much of anything, because there are not that many people who are interested in crypto as it is, since it is not going up anymore.

However when there is another bull run and we actually end up seeing all of crypto going up, I think Matic could actually end up going up a lot more than others because it has a great ecosystem that is currently working as it is, it would be working a lot better when the prices start to go up as well. That is what I hope will happen, but I am not sure if it will happen or not.

There is a good reason why the old projects that looked promising in the 2017 bull run and the following alt season didn't end up in top 10 that easily, I do not think there is any but even if there are any that means it is very low in numbers because it is either the ones we already know like btc/eth/bnb/doge or the new ones (or usdt).

So that is why I think there is a hard time coming for Matic, it is really not that easy to be something everyone loves in one bull run and keep that going for the next bull run as well, I personally have seen many many coins end up being loved to death and in few years there were nowhere to be found because bear run kills them. So could they be doing better? They could definitely be loved so much that they go even higher, why not? But that is not going to be guaranteed, it is going to be the low chance and the higher chance is matic being lower and lower versus newer coins.

[_MrTuyul404]

I am also interested to investing in matic, because now the polygon network is hype and there are also many tokens that have a polygon network

[Investo20]

If you are asking about a long term perspective like 5 years then I'll say yes. It will definitely be up in future as their blockchain utility will increase. They has a very very good team and very active team. Development is going on regularly.
But in short term, Matic price is increased. So invest in and for more profit you should wait for a bear market then you can enter into it.

[rozak]

I am also interested to investing in matic, because now the polygon network is hype and there are also many tokens that have a polygon network

I think development is still in the early stages. if you want to buy it seems to be profitable if you want to keep it in the long term.
MATIC adoption is likely to continue to increase. but I suggest remaining careful with the market correction. it can make you feel panicky. plan your investment well.

[aditasetia123]

I am also interested to investing in matic, because now the polygon network is hype and there are also many tokens that have a polygon network

I think development is still in the early stages. if you want to buy it seems to be profitable if you want to keep it in the long term.
MATIC adoption is likely to continue to increase. but I suggest remaining careful with the market correction. it can make you feel panicky. plan your investment well.

Matic ecosystem was growth naturally and hardly. Many developers team launched in Matic blockchain, There are severl reason why this project could be trend in any telegram group discussion and mostly there are something new.usually transaction fee will be the first point to check.

[_IRMAN]

I think development is still in the early stages. if you want to buy it seems to be profitable if you want to keep it in the long term.
MATIC adoption is likely to continue to increase. but I suggest remaining careful with the market correction. it can make you feel panicky. plan your investment well.

It's true that MATIC is still in a very early stage of development, they have the same network as BSC, and now many new projects have started using their network. If for the long term, it must be very profitable.

[Kunnu]

Many people claim that matic is better than dogecoin after the recession last week. Do you agree?

Without the support of Elon Musk we all know what is the real value of Dogecoin on the other side Matic is a strong altcoin on both technical and fundamental basis so it's all upto you what would you like to choose, a hyped meme coin or an altcoin with actual use cases which is taking progress because of its strong structure, not because of useless hype.

[Traderbtcc]

Many people claim that matic is better than dogecoin after the recession last week. Do you agree?

Matic already increased 9000%, NEAR protocol is a competitor to Matic and it hasn't mooned yet.

Wow that's some high ROI right there, when they started I never thought it could generate such high ROI, atleast this shows that matic is far off dogecoin, also about NEAR Protocol I believe Near will do better than Matic in the long run, I can't even compare both since Near is a L1 while matic is an L2 on ETH network, judging by the price of Near now I believe it would be worth more in the future, it could go up to $20 to $50 who knows, but one thing I can say is that we are still EARLY on NEAR.

[LordMiguel]

Yes and for the long term. just like BSC. but the different is that BSC is centralized while matic is decentralized and matic has quality projects moving in it. Aave, curvefinance and many more. the current problem is Ethereum is about to scale on August and many project will fall back to ethereum and that can affect the layer 2 projects growth. for the long run, Matic is worth investing in.

[techearn17]

Many people claim that matic is better than dogecoin after the recession last week. Do you agree?

Matic is in one of those project which has his own blockchain. And its has a handsome usecase and strong fundamental project.
While on the other hand is doge coin which has also his own blockchain I know it has not a best fundamental but there is one of the world top wealthy man elon Musk is fully support doge coin so everything can happen.
So I told you that both are best at thier own place so invest and both . both will be better in future

Matic brand these are all innovations that can generally add value to the platform and the crypto market as a whole I think for me the best compliment I can give for a polygon is that it's fast it works well and most importantly the user base is growing exponentially this all points to a very positive future and polygon is certainly one that I will be keeping an eye.

[Questat]

Everyone here are might be right or wrong as the speculation can be a hundred percent reliable until we try and find it by ourselves. Everyone has their own market preference and for sure those who don't trust Matic will say is not a good project. But it is you OP who can decide, just be sure that you are already done with the research and project background because that is the basis of your analysis.
If that you trust and have faith in this project, then go for it.