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Author Topic: Polygon (MATIC) to $20?  (Read 5883 times)
Dollar_Hunter
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June 12, 2022, 04:41:26 PM
 #181

Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited.  Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.


we don't know the base price, but we prepare the position. bears tear down the matic but I believe it's a good time to buy by keeping it long term or staking for big bonuses. we see bitcoin to the bottom price will reach a point where it is with a minus decline _85% is already good from ATH. I also have a matic which is in minus -70% position just waiting patiently for the miracle of the coming year, a bad day for us yesterday.
2022 is bad years!, not only Matic is down more than -85%, but all altcoins are experiencing this,
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month

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RussianEnglishTranslation
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June 15, 2022, 11:12:22 AM
 #182

Polygon is so cheap and fast to use for "De-Fi". The sidechain has so much potential to take the world by storm. By taking the security of the main ETH blockchain, Polygon becomes a better choice than competing platforms like Binance Chain and Solana. Yet, the coin (MATIC) is trading below the double-digits. That's surprising to me, considering that the sidechain is quite convenient for day-to-day payments. If you compare fees on Polygon vs Binance Chain, you'll notice the former has the lowest gas fees. All Polygon needs is hype (mainstream demand) and it could soar all the way to the moon.

Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much. Smiley
I am much more bullish on MATIC than I am on Ethereum or Bitcoin. As far as future profit is concerned however, my money is in CNDL short term. Due to the fact that it launched during the bear market, there are virtually no bag holders trying to dump. The project is in accumulation mode and the price is going up. I think Matic will do well bot like I said, for me, short term, I'm in Candle Chain.
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June 16, 2022, 05:03:04 AM
 #183

Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited.  Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.


we don't know the base price, but we prepare the position. bears tear down the matic but I believe it's a good time to buy by keeping it long term or staking for big bonuses. we see bitcoin to the bottom price will reach a point where it is with a minus decline _85% is already good from ATH. I also have a matic which is in minus -70% position just waiting patiently for the miracle of the coming year, a bad day for us yesterday.
2022 is bad years!, not only Matic is down more than -85%, but all altcoins are experiencing this,
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month

2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.

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June 16, 2022, 01:38:23 PM
 #184


Quote
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
The war in Ukraine is making its own adjustments in the entire economy of the world, until all this ends, the market will be like this.One thing I can say for sure in the fall it will be even worse and more difficult when oil and gas prices will rise in price, the cryptocurrency market will catch on, among other things.

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June 16, 2022, 05:06:52 PM
 #185

Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited.  Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.


we don't know the base price, but we prepare the position. bears tear down the matic but I believe it's a good time to buy by keeping it long term or staking for big bonuses. we see bitcoin to the bottom price will reach a point where it is with a minus decline _85% is already good from ATH. I also have a matic which is in minus -70% position just waiting patiently for the miracle of the coming year, a bad day for us yesterday.
2022 is bad years!, not only Matic is down more than -85%, but all altcoins are experiencing this,
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month

2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
I don't think it has anything to do with the ukraine war, this is indeed bear season,
meaning that all cryptocurrency markets have experienced a major correction, and indeed it has happened historically,
yup, after the halving and bears started, and the facts are what you are seeing now , all of them, including the Matic,
so the dream for the $ 20? just think about it
Sayeds56
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June 22, 2022, 02:49:04 AM
Last edit: June 22, 2022, 02:59:23 AM by Sayeds56
 #186

Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited.  Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.


we don't know the base price, but we prepare the position. bears tear down the matic but I believe it's a good time to buy by keeping it long term or staking for big bonuses. we see bitcoin to the bottom price will reach a point where it is with a minus decline _85% is already good from ATH. I also have a matic which is in minus -70% position just waiting patiently for the miracle of the coming year, a bad day for us yesterday.
2022 is bad years!, not only Matic is down more than -85%, but all altcoins are experiencing this,
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month

2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
I don't think it has anything to do with the ukraine war, this is indeed bear season,
meaning that all cryptocurrency markets have experienced a major correction, and indeed it has happened historically,
yup, after the halving and bears started, and the facts are what you are seeing now , all of them, including the Matic,
so the dream for the $ 20? just think about it

Ukraine war has no direct impact on crypto market but it has caused huge increase in crude oil prices which has triggered inflation sky rocketing all over the world. When inflation goes high then central Banks have no other option except to increase interest rates to reduce inflationary pressure. High interest rates are never good for stocks and crypto markets and this is exactly what we have seen since FED increased interest rates in USA.

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June 22, 2022, 03:47:09 AM
 #187


Quote
2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
The war in Ukraine is making its own adjustments in the entire economy of the world, until all this ends, the market will be like this.One thing I can say for sure in the fall it will be even worse and more difficult when oil and gas prices will rise in price, the cryptocurrency market will catch on, among other things.

War affects global supply and demand and destabilizes the world economy, including crypto but is not the cause of this year's market crash. 2021 was a great year for the market, bitcoin hit its all time high and almost all altcoins, shitcoins also hit their all time highs, so it's not too difficult to predict when the market corrects down in 2022. 
You should not blame anyone when you lose your investment. Market is always unpredictable and you should always have a plan in place and be ready to take risks as they arise.

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June 22, 2022, 09:09:15 AM
 #188

Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited.  Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future.


we don't know the base price, but we prepare the position. bears tear down the matic but I believe it's a good time to buy by keeping it long term or staking for big bonuses. we see bitcoin to the bottom price will reach a point where it is with a minus decline _85% is already good from ATH. I also have a matic which is in minus -70% position just waiting patiently for the miracle of the coming year, a bad day for us yesterday.
2022 is bad years!, not only Matic is down more than -85%, but all altcoins are experiencing this,
I myself have also left Matic when the price was still $1,
and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month

2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability.
I don't think it has anything to do with the ukraine war, this is indeed bear season,
meaning that all cryptocurrency markets have experienced a major correction, and indeed it has happened historically,
yup, after the halving and bears started, and the facts are what you are seeing now , all of them, including the Matic,
so the dream for the $ 20? just think about it

Ukraine war has no direct impact on crypto market but it has caused huge increase in crude oil prices which has triggered inflation sky rocketing all over the world. When inflation goes high then central Banks have no other option except to increase interest rates to reduce inflationary pressure. High interest rates are never good for stocks and crypto markets and this is exactly what we have seen since FED increased interest rates in USA.
As you have explained that there is no direct impact but there is an indirect impact,
it can be said that currently almost the whole world is experiencing inflation and this is certainly not a small problem,
What is clear can be concluded that the war was really very complex and affected many things

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June 22, 2022, 12:02:28 PM
 #189

The market looks terrible and it is humbling all the top altcoins at the same time. This bearish market doesn't look good. We are most likely to have another set of top altcoins. I wouldn't be surprised if we find polygon falls below her current rank(21st). Her current price is not encouraging a bit($0.4cent).

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June 22, 2022, 03:40:44 PM
 #190

 I always go for blockchain projects. I also have a big belief about Polygon will do remarkable on the next Bullrun.

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June 22, 2022, 07:06:07 PM
 #191

I always go for blockchain projects. I also have a big belief about Polygon will do remarkable on the next Bullrun.
Why can you be so sure of Polygon now ? even though there are many other blockchain projects that are no less good for you to have now. I'm curious about your belief in Polygons because I also have a number of Polygons that I haven't sold yet because I don't want to incur a loss just by selling them now.

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June 23, 2022, 02:00:30 AM
 #192

I always go for blockchain projects. I also have a big belief about Polygon will do remarkable on the next Bullrun.


Look how cheap MATIC now https://coinmarketcap.com/currencies/polygon/ I believe that is more than enough reason to risk for this promising coin . this is what happened  when we trust a good project than shitcoins.
Polygon is just waiting for the best timing and this means we are nearly to approach another Hyping once the bull run starts and surely it will make us all confident about what w are holding.
I always go for blockchain projects. I also have a big belief about Polygon will do remarkable on the next Bullrun.
Why can you be so sure of Polygon now ? even though there are many other blockchain projects that are no less good for you to have now. I'm curious about your belief in Polygons because I also have a number of Polygons that I haven't sold yet because I don't want to incur a loss just by selling them now.
Because the said coin is promising but it is exaggerated expecting something best when we are in the troubled market, Maybe in the next following years it may.

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June 23, 2022, 05:31:16 PM
 #193

I always go for blockchain projects. I also have a big belief about Polygon will do remarkable on the next Bullrun.
Look how cheap MATIC now https://coinmarketcap.com/currencies/polygon/ I believe that is more than enough reason to risk for this promising coin . this is what happened  when we trust a good project than shitcoins.
Polygon is just waiting for the best timing and this means we are nearly to approach another Hyping once the bull run starts and surely it will make us all confident about what w are holding.
I was stuck in some MATIC coins that I was holding when the price of $1.1 I bought it I thought it was already the lowest but my analysis results were not good so MATIC fell worse than what I expected, I know this is the impact of a bear market which resulted in a lot the coin is falling but i don't think MATIC will go lower than this we can only hold on even though what we are waiting for is the next hype.
I also have optimism about MATIC in the future, but from what I bought above it's not too high in my opinion.

R


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monineklutak
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June 24, 2022, 12:07:20 PM
 #194

Holders Matic will definitely know Matic's journey from 2019 to 2022,
and for sure Holders is a winner even though Matic has dropped from its ATH which is $3 and now only has a price of $0.4 of course Holders still won,
we know the early 2019 Matic was launched only at a price $0.01 - $0.02 just imagine and is it now like a dream?
yes it's true, like a dream, and $20 of course might come true in the future
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June 24, 2022, 12:18:23 PM
 #195

Holders Matic will definitely know Matic's journey from 2019 to 2022,
and for sure Holders is a winner even though Matic has dropped from its ATH which is $3 and now only has a price of $0.4 of course Holders still won,
we know the early 2019 Matic was launched only at a price $0.01 - $0.02 just imagine and is it now like a dream?
yes it's true, like a dream, and $20 of course might come true in the future
But be more awake than daydreaming in this market, and I think you also understand the problem that the market is not for everyone. And those with enough experience who have made a profit with it will have a better view of the future and the present. In the timeframe and deadline the OP is talking about, I think we're more likely to be honest than we're in a bear market, and that's unlikely. And now the idea that matic could hit $20 in the near future is almost too farfetched, so let's just say the old ATH before discussing the new ATH.
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June 24, 2022, 01:12:54 PM
 #196

I still think that Avalanche is better than Matic and it will bring better profit than Matic but anyways both are good projects, I am always ready to throw some hundred of dollars on both project but it all come down to the buying point, I believe this bear market is just getting started.

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June 24, 2022, 04:10:10 PM
 #197

I still think that Avalanche is better than Matic and it will bring better profit than Matic but anyways both are good projects, I am always ready to throw some hundred of dollars on both project but it all come down to the buying point, I believe this bear market is just getting started.
Yes, if you compare it, I agree because even though both are quite good, Avalanche's position is clearly superior to Matic. So indeed, both of them are still very good, the only difference is that Matic is cheaper and if it is for investment it is clear that the amount that will be obtained will be more, but will the value be greater later? just depends on the increase received when bitcoin improves.
Currently, everything is being corrected and it is likely that the increase will occur for quite some time, maybe even next year.

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Wawa2013
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June 24, 2022, 06:09:33 PM
 #198

Holders Matic will definitely know Matic's journey from 2019 to 2022,
and for sure Holders is a winner even though Matic has dropped from its ATH which is $3 and now only has a price of $0.4 of course Holders still won,
we know the early 2019 Matic was launched only at a price $0.01 - $0.02 just imagine and is it now like a dream?
yes it's true, like a dream, and $20 of course might come true in the future
But be more awake than daydreaming in this market, and I think you also understand the problem that the market is not for everyone. And those with enough experience who have made a profit with it will have a better view of the future and the present. In the timeframe and deadline the OP is talking about, I think we're more likely to be honest than we're in a bear market, and that's unlikely. And now the idea that matic could hit $20 in the near future is almost too farfetched, so let's just say the old ATH before discussing the new ATH.

MATIC is indeed one of the potential altcoins that we deserve to buy in a bear market situation. But let's not get our hopes up too high by expecting
MATIC to hit $20, that's too high a target for MATIC in my opinion. Moreover, the fact is that MATIC has decreased quite a lot at the moment,
where MATIC is down about 80% of the ATH price. So if MATIC can return to the ATH price alone, that would be a tremendous achievement for MATIC.
Regarding the $20 price target, MATIC is indeed too difficult to achieve, even in the next decade it is not certain that MATIC will be able to
reach $20 price. It's not that I'm pessimistic about the future of MATIC, but if we determine the price target we want, it should be more realistic.
So like you said it's a little unreasonable to expect MATIC to reach $20.

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June 24, 2022, 10:40:30 PM
 #199


Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much. Smiley

I don't think polygon (MATIC) can easily get to $20 with a year from now. Because the market then will be 160 billion market cap and thats huge.
As long as there is a whale holding some matic tokens. There is always be dump and getting  to that price can only me easy if btc and ETH price moon hard.

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June 25, 2022, 03:33:27 AM
 #200


Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much. Smiley

I don't think polygon (MATIC) can easily get to $20 with a year from now. Because the market then will be 160 billion market cap and thats huge.
As long as there is a whale holding some matic tokens. There is always be dump and getting  to that price can only me easy if btc and ETH price moon hard.
everything depends on Bitcoin I think, because if Bitcoin and Ethereum are still experiencing a decline,
then we will never see Matic reach $ 20, and of course what you say is true, it takes a marketcap that exceeds Ethereum if you want to reach $ 20,
so the main condition is Bitcoin and Ethereum should reach $100000 and $10000 in the upcoming bull market
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