Is it a good time to BUY DOT???

Well We just got a nice dip in the market so maybe its time to consider getting a bag but its up to you to decide where you see dot going but honestly with the para-chain auction and roadmap Its only a matter of time before smart contact start operating on dots and seriously I think dot will manage its ecosystem liquidity than any other chain

polka dots have shown good coin positioning for some time. but for the price it is better to buy now when the price has not increased significantly. look at the current polka dot position at $26.79 i think it will be easy to reach the price at $27 in the near future so take the best time to get on the polka dot before it's too late

There is a lot of speculation out there about the future development of polka dots, especially when DOT will be auctioning its parachains, i noticet the effects of the auction are looking very positive. most likely DOT will increase in the future, because it will increase the number of network users, so I think this is the right time to buy DOT because prices have not gone up.

Quote from: Beparanf on December 06, 2021, 06:11:11 AM

Quote from: hodlftw on December 06, 2021, 06:05:40 AM

Quote from: Cryptomechanic on December 02, 2021, 07:43:32 AM

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.

I don't think you should be asking people on the internet about what to do with your money. Seems silly. We are all guessing here basically, and your guess could be better than ours. Trust yourself. If you like the project, invest and have a game plan. Don't focus on the PA. Focus on the project and whether you think it can deliver value. If it can, it will appreciate. If it can't, it'll depreciate. Simple.

Don't generelized us by your opinion about guessing only. Maybe you are talking in behalf of newbie traders community. Guessing is different from predicting since you have supporting evidence to your prediction by using technical and fundamental analysis while guessing his making a decision base on your feelings alone.

The current market is declining and most of the altcoins including DOT is pulling by the dipping price of Bitcoin. Its better to halt on trading for a while and wait for positive confirmation about reversal. Buying right now is gambling.

I agree with you, it's better to take some time doing deeper research instead of participating with unsure market.

The decline still ongoing and if you don't have deeper knowledge, it only leads you to losing your money if you invest and failed to
follow the right project.

Predicting base with TA gave you good chances of hitting the right timing, not an assurance though, but much better compared
to guess without any basis.

Buy in parts and wait for more dip. 1 year ago Dot was $4.55. In May 2021 it was as high as $47 and by July 20 it had gone down to $12. 4 months later it hit $55. This is what happens. So "What is going on!?!" life, reality. Back in May of THIS YEAR was a little worse. Chill-lax. This is why you do not put 100% of all you money into Cryptocurrency. This is why you sent money aside.

Yes! It has SERIOUS long-term utility and enterprise level use cases.
If you've ever regretted not getting in on ETH in the early days when it was cheap, but now ETH's price has matured and is expensive, turn your attentions to DOT.

Quote from: Cryptomechanic on December 02, 2021, 07:43:32 AM

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.

Why of so many coins you asked about DOT? when it is obvious that the Days of polkadots are over,
each week this drops more than 2 digits and this is not a good sign for a popular coins since 2020.
yes this seats still in tank 9 but look at the behavior, is this the coin you will trust to buy now?
invest in Binance or Cardano , those are the safest long term investments .

I'm surprised because today the majority of the top 100 rankings are red, and today's Polkadot is down more than 6% and a week has fallen more than 26%, I think waiting is a better thing because many predict that the market will continue to fall for a few more days.

Quote from: Cryptomechanic on December 02, 2021, 07:43:32 AM

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.

$27.11 is a good price to enter at in this stage of the game . It was $50 just a month or so ago . The Dot will get close to or over $100 this cycle .
If market crash may be Dot dump to $15 but will soon rise when bitcoin get stable.
I recommended Buy 50% at current rate and 50% if dump to $15.

Now if dot can be bought then you will get a lot of profit in front. The reason is that there is a lot of opportunity to increase the price in front of dot. I think that's what it would be like to buy it now.

Don't ever worry about the DOT coin which already has strong fundamentals in the development of its blockchain technology, you just need to be careful and analyze the chart to buy at a cheap price in the dip for mid-term and long-term this is a promising coin. if you have enough money enter the market now

There is actually no place to go assuming that you will inquire as to whether it's fun opportunity to purchase a crypto at this moment. Everybody will give you simply purchasing at low cost and selling at high. Bitcoin strength is expanding, useful for altcoins particularly Polkadot which got a high market cap.

Project is great and authentic it doesn't mean it can ensure a decent benefits in a brief timeframe on the grounds that it relies upon the circumstance particularly right now wherein market become negative. seen that the cost of the spot was incredibly impacted by the value changes that happened in bitcoin, so when bitcoin is bullish once more, almost certainly, the cost of the speck will likewise go up.

Quote from: Cryptomechanic on December 02, 2021, 07:43:32 AM

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.

from the All Time High of 58 dollars? of course we must realized how best this 50% off in buying Polkadot, as the price falls to 28$ now https://coinmarketcap.com/currencies/polkadot-new/

but as much as you can afford to lose and try to keep till next year because there are coming updates in the near future that will push this coin again to the top.

though it is already on the top 10 now as positioning to ranked 9 .

I think DOT is a decent token to buy now, seeing the daily transaction volume and active DOT community makes us optimistic that DOT will be a very profitable token, I also bought DOT and made it for long term investment.

Quote from: Semar Mesem on December 13, 2021, 06:49:49 AM

DOT is already in a good position and almost everyone also likes it for investment although not for the long term, and now is the time to look at others for long term investments because if you only depend on one cryptocurrency it will be very complicated when there is a sudden correction to it which will also make you lose time

DOT continues to evolve so I'm sure there will be an explosion in demand for DOT, and I'm sure making DOT for a long term investment of at least 2 years will make our money skyrocket at least 10x, buy DOT now and sell 2 years from now, don't check prices every day because this can panic.

Very good time to buy Dot. first parachain batch just launch.. there are still 95 slots to be auctioned... imagine these 5slots already took 100million dots away from circulation.
5 parachains already took 10%token supply away for 2years. just wait for the parabolic move... you'll thank yourself later for holding in this short term bearish cycle...

Well as most coins, DOT dropped a lot these last couple of weeks, so it can indeed be a good starting point to accumulate some DOT. They launched their parachains one month ago and than we also got an ATH of around 53$. Expectations of many analysts are quite high and I like the staking feature they have (up to 12%).

Quote from: Cryptomechanic on December 02, 2021, 07:43:32 AM

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.

Let's sort your curiosity, at least, by responding to these questions:

a) What leads you to consider buying DOT right now?
b) What did your research tell you about DOT in general?
c) Are you involved in that coin for long? Like always lurking in their community and always following the update/s?
d) Do you understand the risks once you decided now to buy DOT?

Only you can answer that. You can decide what to do now later on.