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Author Topic: Is Polkadot DOT a good investment q1 2022  (Read 354 times)
swiftxi (OP)
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January 02, 2022, 03:09:15 PM
 #1

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens
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January 02, 2022, 03:12:03 PM
 #2

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

Many industry analysts are bullish on DOT, and it has a large online community like Cardano. Considering that the staking rewards are generous and the project is both well-funded and well-managed, it should do very well if the bull market continues into 2022. The performance of DOT will hinge on the overall market. Long term, I don't believe anyone knows who the winners will be, but DOT remains one of the heavy favorites among PoS tokens.
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January 02, 2022, 03:20:46 PM
 #3

I have been hearing good references from some top YouTubers about dot, although we can't just take their word for it, sometimes when you are pointed in a direction it is much easier to pick things from there, polkadot ecosystem is growing gradually and the project is good so I don't see why not, long or short term I think it is a great investment.
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January 02, 2022, 03:43:52 PM
 #4

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

Well first of all Polkadot is not a stable coins because stable coins are there to represent a certain fixed value, most of the time this is the US Dollar in crypto so USDT and USDC for example are stable coins that aim to be worth 1 USD per token all the time. I guess you mean you were looking for some established and big projects that are in the top 50 in terms of marketcap. Polkadot is definitely a great project in my opinion, but i am not so sure if i personally would invest into polkadot at the moment. Early investors already made a x100 or more with that coins and i usually avoid such projects. In addition to that the unlimited supply of polkadot is something that i also don't like.
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January 02, 2022, 03:59:17 PM
 #5

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens
I have followed Polkadot and its ecosystem for a long time. Try to learn at least a little bit to analyze the number of coins and capitalization.
619 915 761 DOT (54%)- Validators
130 000 000 DOT (11,3%) Locked in Auctions on Polkadot Ecosystem
https://polkastats.io/
https://parachains.info/auctions/polkadot-6-11

what are you waiting for if you buy this $ 30 coin?

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January 02, 2022, 04:06:30 PM
 #6

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot.
DOT must be a good choice as it's going down a lot since bitcoin's correction happened a few weeks ago and this time the price of DOT is really cheap. You can also try to consider SOLANA and Polygon as another option beside DOT. The fact that if the demand of DOT was less compared with SOLANA. SOL can also become a wise decision to invest your money. Do your own research but DOT was also a good investment for this year.

Apart from erc and bep tokens
ERC and BEP have become mainstream assets and as new investors and it's better to stick into the new assets that will be booming soon. The only problem is dot didn't have the same infrastructure like ERC and BEP You must also think about this as DOT was a bit more complicated compared with ERC and BEP

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January 02, 2022, 04:22:55 PM
 #7

DOT is like bagging ETH in 2014 mate don't even think twice about it just grab what you can and hold through any weather even if the market is in bad shape you won't regret holding this coin and others like

1. Matic
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swiftxi (OP)
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January 02, 2022, 04:55:41 PM
 #8

Hoping for the best in coming months, thanks for the input guys
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January 02, 2022, 05:24:01 PM
 #9

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

Is Polkadot a stablecoin?
IMO, Polkadot is something to be reckoned with because whoever the holder is ready for the start of the new year, there will be many networks competing in launching projects including Polkadot. Well then, just look at the development of Polkadot which is growing quite rapidly. In the middle of last year, Polkadot still experienced less significant control over its network by implementing a system of receiving and sending processes from its wallet. If you are a user of a DOT-based wallet, then you will know that it is too difficult for us to put the feature as it is on other devices when entering other tokens.

As for their future prospects, I believe Polkadot will also contribute to disbursing an ideal place in the eyes of investors.

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January 02, 2022, 06:41:13 PM
 #10

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens

Well I don't think you have to question Polkadot as it has proven itself to be a good investment in the last year or so. And as far as I remember, it is one of the most successful project in 2020 and it continue to do good for its investor in 2021. So I guess the trend will continue, in 2022, so many roadmaps are still in schedule and plan by the devs behind. And as far as it's rankings who knows, maybe it can really break ground in 2022 and maybe can go as high as top 5, in my opinion.


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January 02, 2022, 07:20:14 PM
 #11

I will say yes. The investor lock large number of Dot for parachain auction and still investors looking for that.
In 2022 first quarter we can see some big bullish movement in the price of Dot.
Dot will definitely break ATH in 2022.



 

 

 

 

 

 


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January 02, 2022, 08:24:59 PM
 #12

Dot (Polkadot) is really an interesting coin and a good choice of investment.. it's not just a token , but it's been backed up by its Smart chain.. which means it has a good and promising return in future. It can't just wake up one day and failed away.


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January 03, 2022, 07:27:42 AM
 #13

Yeh polkadot is one of my best emerging coin in list of smart contract provider projects. I know that its still in the dip if we compare it with its previous all time high which is almost above 50$ I think that in this year it gas easily hit previous ATH and will make new ATH which will be really a profitable advice for everyone. So keep eye on on PolkaDot and take an awesome entry .
But take trade with your own risk because profit will be yours and loss will be also yours

.
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January 03, 2022, 10:24:22 AM
 #14

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens
DOT is a good coin as it's listed in the top coins on coinmarketcap. DOT is still having a lot of chance to make its comeback again into the competition between BSC, ethereum and solana. The only problem is DOT has been leaving by its supporters caused by people are moving to the a better blockchain called avalanche. I would not call this as a bad thing but remember that i don't see any usefulness of DOT. I rarely seen developers building its dapps on DOT even when they were using polkastarter to raise the funds. I should remind you that polkastarter was a part of DOT ecosystem but i never see any project that interested to use DOT blockchain. too much noise around this token and that's why avalanche can grow so fast as it was following DOT. The chance for DOT to reach new ATH will always there but this time it's very stable



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January 03, 2022, 10:55:21 AM
 #15

polkadot recommended for investors hold in the long terms ,DOT development is grow also following the flow and the current support level is above $28 so it's really worth put it in your basket ! 2022 which is predicted that there will be an increase in prices in all crypto is also a reference for big investors to kidnap some of the top altcoins including polkadot ! I think yes one of a good investment

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January 03, 2022, 02:10:51 PM
 #16

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens
I want to say, DOT is not a stablecoin. Although the price is quite stable, DOT or Polkadot cannot be categorized as stablecoins. dot is a utility coin and the price will change from time to time with market developments, so it will not be very stable. but regardless, DOT is still worth investing in. The Polkadot network is still growing and the potential of this project is huge. I've been following this project for quite some time, even since the price was under 5$. I have been observing this project, and my conclusion is that polkadot is one of the Dapps network that is good enough to compete with ethereum.

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January 04, 2022, 06:22:08 AM
 #17

Polkadot is a really good investment, Polkadot has very developed in 2021 and made a high $55 and now it is taking heavy correction and it's a good chance to buy in dip because many of positive news about of polkadot in
a Market

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January 04, 2022, 06:51:40 AM
 #18

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens
As an investor who is just investing on the top coins, I will take DOT as a good investment not only for Q1 but maybe for long term (around 1-3 years).

Polkadot isn't a stablecoin though but maybe you are saying coin at the top which is true at least since it has been there for a year already or more. I'm also thinking of buying DOT too aside from Ethereum not only because I trust the project and I believe that they will be one of the coins that will survive in a bear market but because of its rewards from staking. I'm also a big fan of dividends and I think staking is another form of dividends as they will pay you annually just by holding the token and you can earn more thru capital appreciation.

If you are a conservative investor then just pick those coins at the top but still, invest at your own risk and do your own research.

 
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January 04, 2022, 07:21:53 AM
 #19

I was looking at some of the top 50 stablecoins ,and im thinking Polkadot. Apart from erc and bep tokens
Stablecoins? I'm ot sure dot is a stablecoin, but it's one of the top coin right now and it's kinda hot compared to old era tokens of eos and neo. There are plenty of chains that you could try aside from erc20 and bep20, there are ftm tokens and avalanche tokens, they are also same with those you mentioned with a different usage of chain. Some much faster and lower in transactions fee.

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January 04, 2022, 08:09:54 AM
 #20

Polkadot seems to have a bright future and currently many technical analysts say that the DOT price will grow bigger in the long term, in the middle of last year the polka dot price experienced a deep correction from $47 to $10, but in September the bullish sentiment returned to the market and made polkadot managed to hit a new ATH at $53 after a sharp drop, looking at the historical data of polkadot, I would say that this coin is one of the coins worth investing in long term.

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