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Author Topic: Is it a good time to BUY DOT???  (Read 460 times)
Cryptomechanic (OP)
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December 02, 2021, 07:43:32 AM
 #1

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
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December 02, 2021, 08:07:32 AM
 #2

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
It is the right time to buy Dot, because it is something unique among the emerging projects. It came into the market as an ethereum killer. With more incoming growth and partnering with different blockchains it assure about the return from investment made on it. If the profit expectancy is long term, one can fearlessly go for it.

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December 02, 2021, 08:51:27 AM
 #3

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
If you think that $36 is already a good price to buy it, you buy. But if you think that it's too much and there will be another dip that will make the price lower, you wait.
There's really nowhere to go if you're going to ask someone if it's good time to buy a crypto right now. Everyone will give you just the idea of buying at low price and selling at high.

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December 02, 2021, 09:01:55 AM
 #4

They already started their parachain auctions. This is when parachain auctions were announced by Polkadot, the price of DOT reached above $50, and is now below $40.

What I am worried about is after the parachain auctions, it could be a massive user will flow on Polkadot network after a lot of alternatives on Ethereum these days, like layer 2 networks. Another thing is Bitcoin dumping, but Bitcoin dominance is increasing, good for altcoins especially Polkadot which got a high market cap.

So for me, I can't say it is a good time now, but above are the basis you can consider buying DOT. I was able to add some of my DOT bag last May 2021 and will add more once we will drop below $30.

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December 02, 2021, 10:43:44 AM
 #5

Dot is a second etherum and I am sure it will have a bright future. I recommend you follow sip strategy on dot since dot is the safest coin and in the long run we will make huge profit just buy in every dip and hold it not sell in some profit .

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December 02, 2021, 10:48:09 AM
 #6

Yes Dot is a best investment project can give us easily 10x profit in next 2 to 3 year and also safest coin so I recommend buy in different part and hold it for huge profit

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December 02, 2021, 04:08:30 PM
 #7

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
dot still waiting at the bottom mate. So if you have free money then must buy while its not late.. But remember although this project is good and genuine it doesn't mean it can guarantee a good profits in just a short period of time because it depends on the situation especially right now wherein market become bearish. So must buy and tune in to their social media for you to keep updated and of course check the market always as well and make research so that you know what's the real happening while you're holding..
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December 02, 2021, 04:20:25 PM
 #8

They already started their parachain auctions. This is when parachain auctions were announced by Polkadot, the price of DOT reached above $50, and is now below $40.

What I am worried about is after the parachain auctions, it could be a massive user will flow on Polkadot network after a lot of alternatives on Ethereum these days, like layer 2 networks. Another thing is Bitcoin dumping, but Bitcoin dominance is increasing, good for altcoins especially Polkadot which got a high market cap.

So for me, I can't say it is a good time now, but above are the basis you can consider buying DOT. I was able to add some of my DOT bag last May 2021 and will add more once we will drop below $30.

This is worthwhile point when considering Polkadot, as recent price action has been stimulated by the parachain auctions that requires DOT to participate, so is far from organic. There is then the chance that DOT will be exchanged for these new parachains, once they are launched, as some may have higher risk/rewards than Polkadot itself. Additionally, while it's price against BTC remains stable, it's price against ETH continues to decline, suggesting ETH is a better investment than DOT right now. Although some diversity when speculating on altcoins isn't necessarily a bad thing if not too broad.

Just my opinion, as another person on the internet. Do your own research, given that I haven't following Polkadot project for a while now.
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December 02, 2021, 07:35:28 PM
 #9

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
if you intend to buy DOT then now is your best chance...

do not doubt what could happen to the polka dots in the future, currently the price is dropping from ATH a month ago. I noticed that the price of the dot was greatly influenced by the price changes that occurred in bitcoin, so when bitcoin is bullish again, it is likely that the price of the dot will also go up.



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December 02, 2021, 07:47:43 PM
 #10

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.

Although I do not follow the Dot project much, it is among the projects that have proven themselves. They provide many services. 33% regression compared to Ath level. In almost 1 month. What exactly is your expectation for a project with a high hard cap, so I can't say anything. Might be a good time to buy altcoins if you ask me. No matter how low altcoins fall, Ethereum stands firm, if we see a new Ath in Ethereum, it will activate altcoins.

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December 02, 2021, 08:57:24 PM
 #11

Polkadot (DOT) is on the decline in price and it's a good buy to make. The price drop condition is very suitable if we choose to buy because coins like Polkadot (DOT) have a strong foundation in the market. For other cryptos, I don't recommend. My advice, buy crypto when the price drops.

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December 02, 2021, 10:19:41 PM
 #12

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
Not aware with those updates in regarding with the project but if it turns out that there are some possible updates or something new into  the project then I would say that it is much more better to rely with those informations rather than on going with technicals.

Some of altcoins now are in bargain or in sale but doesn't automatically means that it would really be a worthy time for you to buyback.

Some of them had already been low for some time already which it would be risky on doing such more.

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RiskySanchez
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December 03, 2021, 03:12:38 AM
 #13

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
If you think that $36 is already a good price to buy it, you buy. But if you think that it's too much and there will be another dip that will make the price lower, you wait.
There's really nowhere to go if you're going to ask someone if it's good time to buy a crypto right now. Everyone will give you just the idea of buying at low price and selling at high.
Yes, that's the point in the crypto market, buy when it goes dip, sell at high. If you want to find references other than prices, you can use the technical analysis method in determining the next step because there are already many references on YouTube. but fundamentally DOT is very promising so you don't have to worry too much about entering at any price as long as you invest for the long term

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bitterguy28
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December 03, 2021, 05:31:17 AM
 #14

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
Instead of DOT why not try to buy LINK ? both have the ATH before and same time now dumping , but the thing is chainlink is more futuristic than Polkadot.

or also check Matic? Polygon is not in increasing factor though the market is dumpin

https://coinmarketcap.com/currencies/polygon/

check it to find what's worth .

Chato1977
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December 03, 2021, 05:45:48 AM
 #15

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
If you think that $36 is already a good price to buy it, you buy. But if you think that it's too much and there will be another dip that will make the price lower, you wait.
There's really nowhere to go if you're going to ask someone if it's good time to buy a crypto right now. Everyone will give you just the idea of buying at low price and selling at high.
Yes, that's the point in the crypto market, buy when it goes dip, sell at high. If you want to find references other than prices, you can use the technical analysis method in determining the next step because there are already many references on YouTube. but fundamentally DOT is very promising so you don't have to worry too much about entering at any price as long as you invest for the long term
do you really believe that technical analysis is that easy to use as tools? lol this take time and knowledge before being applicable in your daily trading .

and also it is hard to find a legit TA provider that will not seek as payments.

it is best still to use Long term holding strategy.
blockman
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December 03, 2021, 12:37:24 PM
 #16

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
If you think that $36 is already a good price to buy it, you buy. But if you think that it's too much and there will be another dip that will make the price lower, you wait.
There's really nowhere to go if you're going to ask someone if it's good time to buy a crypto right now. Everyone will give you just the idea of buying at low price and selling at high.
Yes, that's the point in the crypto market, buy when it goes dip, sell at high. If you want to find references other than prices, you can use the technical analysis method in determining the next step because there are already many references on YouTube. but fundamentally DOT is very promising so you don't have to worry too much about entering at any price as long as you invest for the long term
Do not be too trusting with the YouTube videos about technical analysis. Many of them are just bluffs and making themselves an expert but they're not really showing that they've got.
They're also resourcing from the others so it's just like passing of information and you don't know who's the origin of it. If the information you get there is somehow accurate then that's good, but most of the time, they're not.

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December 04, 2021, 03:23:52 PM
 #17

In this case i said that Dot is the best coin and there community are a very strong so the other hand anyone study this project so easily say that it is one of the best project so my advice to everyone invest your money in this great coin. It is rise by day by day.

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December 04, 2021, 03:36:08 PM
 #18

DOT is compatible with Web3 very well, in a market situation that drives increased volume specifically for web3 supported ecosystems, such as Dot, BAT, OCEAn… I think using this DIP FUD china to create an opportunity  New opportunities in drawer reconstruction long-term investment in DOT would be wise.  Of course, maybe I'm wrong but the reward will be DYOR if the condition is true.

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December 04, 2021, 03:57:00 PM
 #19

I want to know is it good to buy Dot right now or any crypto, I am curious because i have a cash laying around.
It is the right time to buy Dot, because it is something unique among the emerging projects. It came into the market as an ethereum killer. With more incoming growth and partnering with different blockchains it assure about the return from investment made on it. If the profit expectancy is long term, one can fearlessly go for it.
Yes right you are. Now time to bought DOT. coz dot is a better valuable and popular coin and Dot is now in a  Dip. So you can bought dot now without any worrys

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December 04, 2021, 05:55:58 PM
 #20

Statistics on coinmarketcap, DOT is down 20% in 7 days and in 24 hours it is down almost 17%. Therefore it is very good if you use your cash to buy it right now. Other crypto in my opinion are also good to buy because the price position is also experiencing a decline. If the price of Bitcoin is currently experiencing a 12% decline, then other cryptocurrencies in my opinion will also follow the Bitcoin.
Please check here the truth: https://coinmarketcap.com/
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