Polkadot Price Down – Time To Buy DOT?

[LordMiguel]

i prefer solana blockchain and will like to invest in solana than polkadot. i think polkadot is too complicated and might lead to users loosing funds unnecessary. funds are moving from polkadot and back to ethereum. we will see more investors in ethereum after the london hard fork. ethereum remains the number stock to invest into. next is binance before any other chain.

[Review Master]

Whenever we're at correction market, we can accumulate more. But we need to be more aware of that time when market is having more possibilities for entering into bear market. So best to DCA at this moment instead of accumulating DOT with all funds. But dot is great for long term investment and diamond hand hodlers can accumulate it at anytime.

[Fredomago]

Whenever we're at correction market, we can accumulate more. But we need to be more aware of that time when market is having more possibilities for entering into bear market. So best to DCA at this moment instead of accumulating DOT with all funds. But dot is great for long term investment and diamond hand hodlers can accumulate it at anytime.

Needs to observe and assess more deeper, like what you have said we are now in this bear situation where we are unsure if the market will bounce back or will continue to fall.

Taking your call now is very tough, the chance that there are more dump is possible since most of the time holders are into panic when seeing that their assets are dropping tremendously,

Though, long-term goals. This is still good if you believe that there are more progress coming from this project.

[ZAINmalik75]

I told you that I after Btc, ETH, and Bnb I will choose Polkadot to buy because I know that polkadot are fundamentaley too strong  and the main thing is that it has his own block chain it mean that it work on his own block chain instead of othere blockchain .
And the othere thing that it has bullish his price from 3$ to 50+$ which give a sign that this has a potential.
So if you want profitable investment you will choose Dot

[omone1]

I currently own 80% of my fund in USDC, BUSD and USDT. DOT is a great project, we expect the ecosystem to go live in the last quarter but I am currently scared of the market.

[Eddie kan]

One thing about digital currency is unstable market price, Polkadot price rose to about $45, the $10 value now can rise to about $20 by the Q4 of the year! Let's keep holding, polkadot is ranked 10th amongst the rest altcoins, thats how promising it is!

[o48o]

Polkadot really looks promising and it would be a very wise decision to invest in it, expecting a price of at least $5. 😉

Are you kidding me? Polkadot price coming down to $5 dollar from how far it's already dropped would mean hell, bitcoin would have to go down to around maybe $20,000 dollar for us to possibly see polkadot at $5 dollar.
Dont get me wrong, I love to buy at that price too, but I don't think it's going to still drop that much from how much it's already dropped, polkadot is a great project and one which alot of people support, this is a great buying opportunity already, it's only a matter of time before the price picks up again.

BTC slowly going back to 20k is actually a strong possibility so... Yeah, i know it's debatable and probably unlikely but i see lots of groups that would love to see the price suppressed while they accumulate it. And they have more money to gamble then the rest of us.

[onecall123]

It's a fire sale for cryptocurrency. Crypto has been on a downward trend for months and months, wait until we hit bottom. But do you know where bottom is? Due to not knowing, we can only buy partially. Imo don't buy now all along, it might go even lower. It's heading that way for sure. Cryptocurrencies and precious projects such as Polkadot will rise. To believe it is up to you; either believe it or not.

[CryptoWarriorsssss]

It’s a good time to buy any of the top 50 cryptos. We’re over 50% down from ATH’s & I think we’re still in a bull market even if the market says the opposite. So sure buy DOT, it’s a good time.

Exactly ,its a good time , thus I  am looking for some top50 project and also on Polkadot  ecosystem

There is no doubt that the Polkadot project is much more powerful. But at present, it is better not to invest in this project. I think to wait a few more days. Prices may fall. Then invest and you will benefit.

Or we can make a purchase at several different prices, it will prevent us from being late in buying and we can get a cheap price, because a lot happens when someone is too waiting for it to actually go down but there is no further decline.

Polkadot  has lot of new project and protocol on its ecosystem ,

What is your Polkadot price prediction ?

As the Polkadot  ecosystem is keep building stronger and its web 3.0 .

time to buy or not ?

several new project or protocol on Polkadot

recently one new prediction -dapp -(X Predict Market)  completely  run an Airdrop ，maybe more predictions will go with it

looks so AWESOMEBTCBTCBTCBTCBTCBTCBTCBTCBTC

No one will be able to predict the price of any coin including Polkadot, because in difficult times like this, the development of web 3.0, and running the Airdrop program cannot guarantee that the price will increase, because market conditions and the price of Polkadot are not determined in these two things.

Please write neatly so it doesn't look messy

Thanks for your advice ， I  will do write neatly


btw what do think the new predictions -dapp on Polkadot  ？ what is ur opinion ？

[moderator's note: consecutive posts merged]

[arditiyan]

DOT potential is very good, where now DOT can be one of the coins that must be seen. polka dots have experienced a drastic decline, this must be used to buy when polka dots have decreased

[traderethereum]

With the price now, I think I will wait for more because the price is still too high for me. After all, I already bought Polkadot when it's low.
I think the price will go down below $10, and if that happens and the price can reach $5-7, maybe I will buy more.
If bitcoin is down to $26k-$28k, the altcoin will go down, which will happen to DOT.
So it is better not to buy in this situation because we do not know where bitcoin will moves.
Maybe buying for less than 1 DOT can give you more signs of where the DOT price will go so you can buy more later if the price is down.

[Anonylz]

Definitely something to add to the collection of good and solid coins in the wallet, polkadot is a project with many potentials up it sleeves, as time passes those potentials will gradually unravel to show the capability of this project, we shouldn't only see the price value but the potential of the tech and service to the crypto community, as the price is low, the only thing left to do is buy what you can, you never know what the future holds, the crypto ecosystem is just getting started.

[rozak]

Definitely something to add to the collection of good and solid coins in the wallet, polkadot is a project with many potentials up it sleeves, as time passes those potentials will gradually unravel to show the capability of this project, we shouldn't only see the price value but the potential of the tech and service to the crypto community, as the price is low, the only thing left to do is buy what you can, you never know what the future holds, the crypto ecosystem is just getting started.

many people believe Polkadot will be a more valuable asset than now in the future. we can only make a plan for the future with DOT. because we know how they did something big this year. all successful, and the year is over. we will see their development gain momentum in the future. we'll be in a pretty bad market after this. but we'll see how DOT will survive.

[apa don]

There is no doubt that the Polkadot project is much more powerful. But at present, it is better not to invest in this project. I think to wait a few more days. Prices may fall. Then invest and you will benefit.

Yes, that's right, the Polkadot project is currently declining drastically, but it must be understood again why it all happened and what steps must be taken, and whether Polkadot's market assets will continue to decline, if that's what is happening now it's useless it is also to buy it, and it is very detrimental in investing in long-term projects or future projects.
and just hope that in the future it will return to normal, so that we can take good steps.

[bitkanu]

There is no doubt that the Polkadot project is much more powerful. But at present, it is better not to invest in this project. I think to wait a few more days. Prices may fall. Then invest and you will benefit.

The price could not only become the main concert but thing about the utility of the token itself. DOT was full with BS and parachain was a garbage product. So many DOT projects were still using ethereum or binance to run its platform and that means DOT was a failed protocol same as EOS.
There was no guarantee for the price of bitcoin to stay at this rate. Theer's no interest to pump it back to the 30k and as your prediction DOT may fall even deeper along with the btc price.

[CryptoWarriorsssss]

Currently all altcoins are experiencing a very drastic decline, if you want to invest with polka dots I think it's a very good idea, because DOT has very good potential in the future, and this is a very good momentum to buy polka dots, hopefully the crypto market recovers quickly so that  we can see altcoin prices grow again as usual,

Look back yesterday， altcoin is Disaster


but DOT looks not bad ， get 10% Up now

[jostorres]

It’s a good time to buy any of the top 50 cryptos. We’re over 50% down from ATH’s & I think we’re still in a bull market even if the market says the opposite. So sure buy DOT, it’s a good time.

Indeed it's a good idea to buy any coin when the market is going through a bear run. But personally, I think there are much better projects and tokens to invest in than polkadot because no doubt polkadot is solid but it has been a long time since it existed now and I haven't seen the price do too well. In fact kusama token did much better than dot I think.

I guess cardano is a good option apart from the many others. I feel new projects are the right way to invest in cryptocurrencies because the chances of profit are higher in new and upcoming projects.

[Handpari]

As long as there’s volatility in any form there’s the ability to make profit. Whether or not you’re good enough to trade it is a different story, I sure am not, nor do I have the time to sit and watch charts.

[babygun]

As long as there’s volatility in any form there’s the ability to make profit. Whether or not you’re good enough to trade it is a different story, I sure am not, nor do I have the time to sit and watch charts.

Watching charts or technical analysis just doesn't work for crypto. Everbody can draw some lines on a chart and say they predicted when the price goes up or down but thats nonsense.
Buy low and sell high is the way to go. Problem just is to determine what a low price is lol  .

[MoneyJ]

Though it is really a good chance to purchase DOT at these prices, development seems to be slow. The process of bidding for parachains is complicated . Those  cool projects are still in a queue waiting for the developers to launch their respective parachains.