DOT

Django_McFly

This. Most people on r/cc don't actually use crypto. They buy a token and stare at it. If the price goes up, they assume great developments are happening. If the price goes down, the token was a scam or all of crypto is a scam and nothing had occurred in the last decade. It's funny, tradfi is all in one stable coins, tokenization, and the open ledger tech of blockchain. Right as that happens, crypto casuals are screaming crypto has no possible use case and hasn't evolved since the launch of Litecoin. There's no way you could use defi for even 3 years and not see massive changes. Defi didn't even exist ten years ago. You don't touch anything involving crypto if you see no changes. Grand refusal to actually look. > Because the only way people still bullish on shit like DOT / LRC is by never using it. So true. If you actually use crypto you wouldn't fall for boilerplate text every shit token launch includes as if it's a grand revelation from on high. You also wouldn't be convinced that some zero traction, zero usage protocol is magically going to take off after going nowhere for years on end.

UpostedDude

Well you are safe. But need to consider the bonding time. I had a reasonable chunk of DOT and BTC on bonded earn. About two weeks before the main market drop I realised there was a high chance of correction and started to redeem. It took 30 days and by then toooooo late. Market plunged and I was stuck. Not selling but another lesson, don’t stake unless you are sure of market and security both.

noviwu97

>I feel almost all the people reading these threads have never used Crypto once in their lives It's not just your feeling, it's clear as day that huge majority of this sub never go outside CEX. The extreme lack of discussion on DeFi makes it obvious. Most still think the only way to lend your crypto is by transferring it to centralized entity like Nexo. And from seeing what this sub commonly hold also tells that they never used the blockchain. Because the only way people still bullish on shit like DOT is by never using it.

nopy4

So, BTC is gonna draw with him only DOT and SOL? OK, got it!

enlighteningFart

The charts of once beloved shitcoins like DOT, Pol, S (Ftm) and countless others are actually hilarious. Some working on their 4 or 5th red monthly candle and their market caps are still way to high. This market is a shorters wet dream.

noviwu97

It's called Coinbase stock Index that's buying top 10 crypto is high risk - low reward. DOT was #4 or #5 back in 2021, now it's down 95%

gervleth

CRO (FML) and DOT again… fk my life. Stuck holding and waiting. Oh… don’t bother with those two..! ADA is the way it seems?

noviwu97

DOT holders probably the most delusional group of people in crypto.

RealPrinceZuko

I thought I was the only fool still holding DOT (got back in around $2.50 after the hard coin cap vote). They are doing A LOT and have good things coming, but no users currently. Most of my crypto portfolio is BTC, ETH, DOT and TRAC

Django_McFly

pray for people still holding DOT in damn near 2026

_TheWolfOfWalmart_

I know I sound like a broken record, but no alt is a good long term hold compared to BTC. None of them. Not ETH, not SOL, not BNB, Definitely not DOT. Nothing. You can get lucky with a new one sometimes that outperforms BTC for a single cycle. That's it.

Chronmagnum55

I've discovered that DOT hasn't been a good hold for a very long time.

_TheWolfOfWalmart_

DOT has entered price discovery (to the downside)

noviwu97

It's always fun seeing DOT holders trying their best to shill it. Everyone except DOT holders already know that it's dead.

biba8163

> - DOT was -90% from ATH exactly 1 year ago. > - DOT is down -80% from its price exactly 1 year ago. Reminder, Alts have no bottom.

LargeSnorlax

Was it though? XRP hit ATH this year. BNB hit ATH this year. ETH and SOL both hit ATH this year. TRX hit ATH this year. The major alts did just fine. The dime a dozen other alts with huge inflation and vesting schedules? Yeah, they sucked, but things like ATOM and DOT were destined for failure anyways. Any coin that pays its holders absurd inflation for staking just goes down the drain eventually.

Glass-Lifeguard1919

This is simply my opinion, and no professional... I think the reason we didnt see an alt season is because of the fed monetary policy that we're in. The policy was closer to 2019's mini cycle than it was any of the prior bull cycles. That policy will change soon. They will start cutting rates & they will start printing money. I honestly think the next bull cycle we have in those conditions will actually see a better alt season. However, with that being said, the alt seasons of the past didn't have the competition that's here today. You have politicians making meme coins. You have influencers making meme coins. The market is greatly diluted. There just isnt enough money going around to see crazy blow off peaks on every single coin anymore. You have pump & dump scams, market manipulations, fraud crypto companies like Celsuis & FTX making news with their ceos getting sent to prison. The whole altcoin space feels scummy to most retail traders and virtually all institutional traders. Then you have actual use case for most of these coins. DOT for instance, has a use case but NO USERS. Nobody is using DOT and up until Sept of this year they were steady issuing more coins. I mention all that to say this: In order for DOT to see any meaningful rally, BTC will have to rally to all time highs first. The risk to return is too high to keep holding DOT. You would be better off converting back to BTC and waiting for BTC to rally again. In the next big rally if you want to go back into DOT when risk is lower, that's your prerogative. I personally transferred all my DOT into BTC years ago (at a 40% loss at the time I might add,) and it obviously saved me losing another 55%... DOT, like most other coins with no use case, is going to zero.

Juice79man

Dump Polygon, the Graph, Arbitrum, Celestial, Ondo, then decide between Dot, Avalanche, and Hedera. I’d hold 50%BTC, 20% ETH, 10% SOL, 10% LiNK. Then the last 10% in what you personally believe in between the coins I told you to choose between. I personally Hold ICP and DOT (I personally find the risk reward on these 2 worth it.) I hold the other 4 in the exact %’s I said. I use the last 10% in my spec plays.

No_Leather_3676

BTC will soon be dropped as the standard. It looks like it already is. It just won’t be as profitable to whales anymore as they an hike that percentage up with the same leverage for their money. XRP, ETH or even other secure but cheaper coins like DOT will become the playground, leaving the utility disabled BTC as a relic. Anything in the top 10 is a fairly safe gamble, as safe as can be in crypto, anything outside the top 10 is pure chance. XRP to me is strong, will see good profits and has an ever growing real world case all the time, with the possibility of mooning.

Ubique008

This comment was a good thought on crypto BTC eventually will recover. There is nothing that guarantees it, but it has always recovered eventually and if you follow crypto crypto both fundamentally and as a market, you get the general ideia that in the long run, BTC will be higher. That is not the same for alts though. Most alts created that lasted in 2017 has good projects and made all time highs in 2021. They didnt recover at all in 2025. We had 3.5 bucks ADA, 50 DOT, 5 FTM, etc etc, and they never got any close on making new all time highs. You can now only hope to time and trade them, you can never count on them as investments again. Even ETH disaponted. Touched previous ATH and is now wrecked again. Only BTC decisively surpassed previous ATHs and held. For now

RealPrinceZuko

I bought back into DOT recently since the supply cap vote passed. I have always believed heavily in the project and web 3.0, but had trouble sleeping at night knowing inflation was infinite. Can it go lower? Absolutely, but it would be stupid not to buy something at ATLs that you believe in. I'm just staking and adding if it goes lower.

BigKahuna_93

Mainly sol, Avax, comp and uni. A little DOT, SUI and HBAR too.

Willster986

DOT is a bargain right now

Scared_Good1766

I’ve been in since Feb 2021. I’ve seen a decent amount of volatility over that time, and I’d say I’ve got a pretty good stomach for it overall. Can’t lie though, this is hurting- I’m still up across all of my holdings by about 21%, but after almost 5 years, I’d have pretty much the exact same amount in a saving account, let alone ETFs. I’m kicking myself that I didn’t take some profits, calling myself greedy, wondering each day if I should sell at least a portion to hedge against further slides, which realistically are likely, and now despite still being in a small profit, I’m I’ve lost ~$85k in value since mid October. But I’m also trying to celebrate the wins/ smarter decisions- I may not have sold at highs, but I did stop buying crypto around September last year which in hindsight was a good call. I have sold out of my coins that I’d lost all conviction in across the last 6 months, including DOT, ALGO and HBAR- another good decision in hindsight. 90% of my free cashflow since September last year has been used accumulating metals- another good call in hindsight. I’ve continued to learn which has resulted in better project picks, better price points and better impulse control. Not at all a brag lol I’m just trying to balance out the vanishing of $85k in 7 weeks in my mind. But in all seriousness it’s rough, and it does get easier with experience but never easy- anyone that says it does is either a liar, a psychopath or doesn’t understand opportunity cost. In saying all of this I am holding, but only because the 5 coins I’ve whittled my crypto portion of my portfolio down to I have a deep faith in (all top 15) and I will buy more, but given the size of my current holdings I won’t buy until/unless we see another +20% drop, that way if we do bounce then I didn’t sell and still have a large exposure, and if we do deeply decline from this point I can get enough at a cheap enough price to make me feel alright for not taking profits. As for how low it goes, no clue- I just hope it doesn’t go low enough to cause MSTR to blow up, because that might be the one thing in my mind that could actually kill bitcoin for good. And I don’t think we’ll hit a proper floor until degens stop piling into long perps at each false floor

praxidike74

50$ DOT is crazy

Ubique008

I have a ton of over 3$ ADA, 5$ FTM (now sonic), and 50 bucks DOT Thats how maxis are born

OnlyCollege9064

I learned a lot from my mistakes this year. When I thought I knew something. Now I'm waiting for breakeven season. I honestly think DOT can reach $4 and ADA $0.7 for me to gtfo

OnlyCollege9064

God damn I hold DOT and ADA, I hope for a rebound to gtfo

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Post is by: Ubique008 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p2gr23/playbook_from_a_crypto_veteran_nfa_dyor/ Been here since 2017. I lost everything in the FTX and Luna crash. Became a BTC maxi and it made me wonders this time. I bet the house in 15k BTC 2022 and sold it all at 107k. Never made back my 2021 paper gains, but still. What I am, me, me personally, have written down to do: BTC can go 75 80 85% down. It happens. The 4y cycle has not disproven itself yet. I am sitting all in safe treasure bonds until 13-14 months after all time high. By november decemver 2026 the bottom should be in. My guess is around 40-55k for BTC. When will I sell? 13-14 months after halving. I 100% got the bottom in 2022 and missed the top by not much tbh. It was the same time playbook that worked in 2017, and worked 2021, and worked again 2025. 2021 I lost 100% what I invested in the LUNA FTX crap. Never again. I myself will only buy BTC. Again, around nov 2026 and sell around 13-14 months after halvint whenever that is. This is not financial advice, this is just what a crypro veteran who got 100% wrecked did this time and will do again. Hold right now if you want. But Hold BTC. HOLD ONLY BTC. I would sell everything, even BTC, and way for nov 2026, but if you hold BTC i wouldnt blame you. I hold now what would be over 8 figures of alts at ATH, that are cents. Even bluechip alts like DOT and AVAX that I hold since 2021 ATH still wrecked me to hell. I would never in a million years hold alts agains, even ETH. Buckle up kids. The bear market memes are always amazing. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

kingjoeg

DOT had an infinite supply which they voted to change recently. So it should start to stabilise now, but it'll never get back to the old price

biba8163

> Why sell now? Selling when you're down this much is highly regarded? It's not a loss until you sell? - 1 year ago, DOT was down -90% from it's 2021 high - Today, DOT is down -55% from exactly 1 year ago I can't imagine how some of you continue to hold these Alts.

Mein_Kaiser-

If DOT mogs, then my fridge is a Layer-2 XD

BlindDriverActivist

Top of my head; Algorand, Vechain, DOT, HBAR

Hungry-Class9806

>Of course, to throw in another cliché, no one knows shit about fuck. But if there's one thing that I learned from the first cycle, take your profits and don't get caught holding the bag. Unless you're planning to long term hodl, in which case corrections are irrelevant. Pretty much this and I've been emphasising for the past years. Last bull I was fortunate enough to grab amass a considerable amount of tokens on ICOs and on their first months (mainly AVAX and DOT), realize profit when they went up, sold to get my initial investment and left the rest staking. Right now I have zero psychological pressure, I depend on my salary, occasionally DCA and don't see a reason to sell. But I know a lot of people who "fell in love" with their bags, didn't sold and had to sell on massive losses. >The bull is fun, but the bear is where you make money. 100%

LargeSnorlax

Who the hell was bull posting about DOT? It has infinite inflation and zero buying power. I don't even know why you'd buy DOT. It had its cycle *and* its bounce back to 20% of its ATH, despite literally infinite selling pressure. At some point you have to cut the anchor and sail off.

noviwu97

Definitely the most valid reason to still hold DOT

Niket___

Still bullish on DOT because im bagholding and dont want to kill myself.

LargeSnorlax

Do people just have short term memory loss or something and forget everything is up super massively since a few years ago, not even covid time? Or are people's investing times like, 1 month tops? ETH was range bound for over a year at $1-1.5k. BTC sat between 15-25k. [These are the prices just a few years ago at this time in November](https://coinmarketcap.com/historical/20221120/) - You basically would've had to actively try to lose money (Investing in DOT/ATOM) - Was everyone asleep? Where were people during this giant lull in crypto? The market has been going crazy for almost 3 years now - And people are talking about "fear not seen since Covid" - Speaking of Covid, it wasn't even that long ago in investing terms (5 years) and Bitcoin was $5,000 then. 5 friggin years ago. [Prices during Covid](https://coinmarketcap.com/historical/20200322/) - People aren't making money? There's no way to say it other than they just straight up suck at investing and should probably stick to ETFs

Iksf

DOT hype

noviwu97

Many alts broke all time low today like DOT. It's crazy just few months ago people were still bullposting DOT with their only thesis being "it hasn't pumped yet".

toniistheworst

Before investing any notable sum into these markets, try things out yourself first of all. Try making 20 dollars out of 10 dollars for example, and see how that works out. Those are little sums that don't hurt, but they give you realistic and reasonable expectations. Unlike those people who tell you that this and that coin is going to pump hundreds of percent lol. (Spoiler: no one actually knows) With that said, do NOT enter this market immediately without a bit of firsthand experience, even if you think you're gonna miss the boat if you don't invest now - trust me, you won't and there will always be opportunities since crypto and especially altcoins regularly go through heavy dips. Also, don't listen YouTube videos or posts on X, or even reddit as i mentioned. The vast, vast majority of people post on social media to either shill you their altcoin or to get attention. 99% of them are NOT here because they know something and want to share it, always keep this in mind. Check the legitimacy of people's claims, check their track record etc and if you can't find any proof of them actually being profitable themselves, disregard them. There are legitimate people and sources out there of course, but they're the minority. But that shouldn't be your main focus anyways. Figure out things yourself by trial and error first of all. This is the only way to actually see how this market moves. Whenever you see some kind of strategy on the internet (including here), always try it yourself with very small sums first. All of this will take a lot of time, but if you don't want to be burned hard and if you don't know how to handle being 50% underwater for example, don't put serious money into crypto. Try everything to eliminate feelings and emotions. Make a solid plan beforehand, that includes an invalidation. Know when you're wrong on an investment and cut losses when that invalidation is reached. Define levels where you want to take profits and follow through with that. ALWAYS know what to buy, where to buy it and for what reason. Know where youre wrong, know where you want to take profits BEFORE buying anything. Never buy when price is rising quickly, never ever get fomo and always look to buy during bigger drops. That's the only certainty I can give you, drops will always come at some point and they're here to be taken advantage of. And again, be very very and extremely careful with crypto influencers and that kind of stuff. Most of them are here to make money themselves, not to make you money. Do not fall for their stories as to why this coin is the future or whatever, because they really and actually don't know more than you. Always go into these topics with a certain level of skepticism, including my post here. Develop an approach that works for you first and foremost, ideally based on data and probabilities. And again yes, this will take a lot of time and effort, but if you don't want to be part of the 95% constantly losing money, then that's the route you'll have to go. :) Also regarding your altcoin portfolio: Be aware of the fact that pretty much every altcoin isn't really made for the long-term, most of them go through 90%+ drops at some point and that makes it really difficult to be profitable by just holding them. Just look at the price history of Solana for example. Dropped 97% during the 2022 bear market. And this is one of the very, very few exceptions that managed to make new all time highs after such a huge drop. Most of them never recover from that, very important fact to be aware of. And those drops will happen at some point and you have to always be ready for this. Again, in my opinion, you should never really invest longterm into altcoins for that reason. They're made for the shorter term. They can rise quickly but they will also drop again just as quickly. Don't hold onto a specific altcoin for dear life as most of them historically became pretty much worthless after a few years. Again, there are exceptions but generally you can say that most of them pretty much die off after their 90%+ drop. Just look at DOT, ATOM, ICP, POL (formerly MATIC if you ever heard of it), ADA (Cardano), VET etc etc. This is what you're gonna have to deal with when investing into altcoins. For actual investments, it's better to stay in Bitcoin since it's the only coin with a proven track record. You know that it's likely going to move higher in the longer term. Maybe you can also include Ethereum, but other than that, no coin has proven itself as a true investment so far. Sure it's a lot more boring and all that but be aware with what you're dealing with when diving into these other coins. ;) Good luck out there.

DeaderthanZed

How do you decide value without looking at market cap? You mention price to earnings but you get the P/E ratio by dividing market cap by total net income. A large market cap isn’t good or bad its just how the company is valued. Nvidia is a $4.6 trillion market cap. Although in crypto since most projects are vaporware or otherwise just a flash in the pan you should use market cap (along with volume,m and social media activity) to measure how early you are. But yeah, many hyped coins over the last few years launched at artificially low market caps by only releasing a small number of tokens with gigantic insider unlocks in 6-12 months (“low float/high fdv” see here: https://cobie.substack.com/p/new-launches-part-1-private-capture) The result is a chart that looks like this: https://www.coingecko.com/en/coins/celestia All of those cryptos you lost at the end of your post (other than MAYBE Ondo) are prime examples of L1s that have zero adoption just like DOT and are just slowly fading in mindshare. You can’t measure based on “doing big things” that’s irrelevant and not objective. Adoption is what matters. Zero of these chains have any apps that have any product market fit (think polymarket, hyperliquid, pump fun, open sea, Magic eden, etc.) Not a single utility or meme coin anyone wants to go on to their chain to trade. No revenues. And in reality very few developers or any kind of meaningful economic activity. They are all dying cults.)

Sandharbor

Alt season was in 24’ certain coins and narratives ran hard, I think most thought this was a precursor of what was to come later in the cycle.   By mid 25’ when alts weren’t climbing with BTC it became obvious they were unlikely to explode up in price.  It’s like people forget BTC does lead but alts follow, they don’t traditionally have a magical run after BTC makes its entire run, they run with it.   Not that rare either for alts to peak before BTC. Some easy example last cycle oracles like LINK, some web 3 projects like DOT, also believe many defi projects topped on the first pump and never retuned to their highs when BTC made its ATH. 

Almost_sober

I kinda like DOT’s resilience. Buying some more.

Different-Thanks-431

I feel it is accumulating because the last time we saw BTC at this price was about 6 months ago which later happened it sky rocketed from there. Diversifying into alt dips is also a great move as LINK, AIOZ, SOL and DOT are solid move to buy now at low.

DeaderthanZed

Supply doesn’t matter as all these cryptos are nearly infinitely divisible. The rate of ISSUANCE matters because that’s basically inflation. A deflationary or less inflationary crypto is better for long term holding all else being equal. But price x supply equals market cap. Market cap is what you look at for valuation not price. An asset with 100,000 units priced at $10 is the same as if it had 1,000,000 units at $1. The unit of measurement is illusory. Market cap is the same. All that being said you are almost on the right track of looking for L1 cryptos that have adoption EXCEPT Sol, BNB, and Eth are the only cryptos to meet your criteria (outside btc which is it’s own thing.) Every other l1 ecosystem is completely dead and polka dot might be the deadest among them all. There isn’t a single app in the entire DOT ecosystem that has any product market fit. Not a single token on SOT that anyone wants to be. Really no reason to ever venture into the polka dot parachain ecosystem. So whatever games they play with supply are completely irrelevant. DOT is likely to continue eroding value as measured against btc as the previous cycle’s hype over its promise grows more and more distant and the reality sinks in.

Alimakakos

I'm sure a lot of ADA ALGO DOT ATOM MATIC and the like are feeling bad...but not as bad as the FTX and Voyager and Luna guys!

elidevious

DOT

noviwu97

This sub be like: ADA, XNO, ALGO, VET, POL, DOT, LTC

pressresetnow

A lot Zcash fanboys will soon join league of forever holders, like last season wanders DOT or ADA or a fairly recent tech miracles like Kaspa or Render.

AuspiciousEther

ETH is up +700% over the past 5 years though, so I guess OP holds some other coin. Edit: took a quick look, but almost everything is significantly up over the past 5 years. From the well kown coins, I only found DOT so far to be down. Even Litecoin is up, lol.

Zealousideal_Rain_79

Focus on DOT. It will lunch its ETF in a few days!

Aazimoxx

If your investment portfolio isn't diversified, then you don't know what you're doing. This was true in 1940 with stocks and shares, it was true in 1980 with precious metals, and it's true in the 2020's with regards to crypto. Look, I picked 5 cryptos: BTC, XMR, ETH, LTC, DOT. Now, looking at 01 Nov 2020 to 01 Nov 2025, that portfolio would put you at +353%, despite the last two not doing great. If you bought this portfolio at ANY of the ATHs of each coin of 2020 (each coin's ATH of that entire 12mth period), then gains would've been between 250% and 340%. 🤷‍♂️ If you had other investments in gold, or major stocks, then those would likely have treated you well enough (+50% to 150% for many) over this 5yr period too. Buying the S&P 500 even at its mid-2021 peak would've given you ~+50% (+25% adjusted) by today, for a much lower risk investment... But that's not usually what people here are looking for 😜 Personally, if I was heavy in a coin that's doing poorly without signs of recovery, and didn't want to go to the trouble of diversifying, I'd just convert into BTC and hodl for the next 12-24mths to regain some of that. A relatively 'safe' bet in this environment.

MusaRilban

Sorry. I don't think that's going to happen. The new theme is privacy and probably a bit of compute/AI. I can't see DeFi making a resurgence like it did, especially something as inflationary as DOT. I sold all of mine at a loss and moved it into Ergo. You need to find a smallcap and rotate in.

gowithflow192

I believe BTC is done for this season. I think a few alts will pump. Trending low and due a pump I want to cut this list down to half to concentrate my trades: ENA, UNI, DOT, SHIB, LINK. Wait for the pump then sell 2 weeks in because they always dump back down. Which are your favorites out of that list and why?

Tip-Actual

DOT wants to give birth to a baby boy named JAM.

Niket___

DOT touching 15$ would convince me we are in altszn.

Zealousideal_Rain_79

Yeah! DOT and FET went parabolic! BlackRock’s buying DOT ahead of the upcoming ETF and the Polkadot 2.0 network rebirth. They’re also getting into FET because of the AI agent narrative.

Euphoric_Win8199

What do u mean dumping. ICP is going up strong, DOT, CRO, FIL, GALA...

ZioYuri78

DOT up 27%, now i'm only down 70%

Dismiss

Am I dumb can someone explain why my DOT bag hold is suddenly +25%

biba8163

This is your 2025 Altseason. Have you said thank you once? - ZEC +20% - DOT +8% - ICP +32% - FIL +58% - ATOM +6% - FET +16%

Mirko_91

An investors primary concern is price performance. Every bag holder claims their bag is making a tech revolution, check DOT, SUI, SEI, APTOS, SOL holders. I dont care about your tech revolution predictions. And neither does the price.

Niket___

DOT on a little tear!!

Nikkio077

Bought 20 $DOT around 4 years ago, what the hell I was thinking? Now it's so low I keep telling myself "sooner or later it will pump, it can't end like that.." jokes on me

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RandomJoe7

Well, we at least have in common that we're both old enough to have been around during the DOT COM bubble. :) I don't necessarily disagree with you, there will undoubtedly be some "gems" coming out of this cryptosphere. However, and we probably agree in this as well, 99% of the 1000000's of coins are pure spam. They more or less all use the same language, trying to hype some future technology, that it's the next big thing etc... and in reality it's mostly just copy/pastes from each other, with a creator who is only trying to make a quick buck. And this is a scenario where I am no longer willing to try and "pick" the right one with my money, in the hopes that I won't get rug pulled, dumped on, or it just sliver into the abyss of uselessness. Hence my post: if (more likely when) I invest again, it'll most likely just be in BTC, as the other stuff is way too gambly.

Ricola63

I get that.... But the truth is that is perfectly normal in emerging markets. You have a period of hype, followed by a period of nothing (or a feeling of nothing) and then slowly the utility emerges. The more funds raised in the Hype cycle the longer the hype cycle lasts. After all, why deliver utility when you can spend $1Mn on marketing and raise $50Mn? I am old enough ot remember the 2000 DOT COM boom and bust. It was exactly like this. BUT, the people engaged in it were people buying stocks. There was a little more grit in the cogs than there is today. The Hype BOOM lasted perhaps two years. And then.. Crash. It took four or five years plus for the true winners to emerge. With Crypto there has been a longer boom (in fact its been transformed into Cycles). But just as you pointed out the people are worn with it now. They feel much like you do. So how does anyone in the business actually make money when they can no longer fleece the unsuspecting? Well, they are quite literally forced to move from Hype to Utility. That\`s how. The time is rapidly approaching when all the major players, from ETH down (because BTC has reached a slightly different plane IMO - one I do not subscribe to as it happens) are going to be measured on delivery, performance and proof, not mealy mouthed half baked truths, smoke and mirrors or outright lies. And that makes me very happy.

Antique_Tale_1865

DCA doesn’t make sense her, I think the sub has bee DCAing in Cardano, DOT and Vechain already for 5 years. Wondering when the DCA ends

KIG45

I have Algo and DOT

pref1Xed

DOT has been dead for years now bro

Ssjtwin

Yep but people will say you’re wrong like buying Q4 22 wasn’t the easiest shit ever. Loads of people said last cycle we wouldn’t get a bear again but we did. You still have people bag holding DOT, LTC, ADA, ALGO and other crap because the JUST HODL mentality.

dumeclaymore

Wish I knew this before I got convinced by a certain 'crypto guru', last cycle that niche altcoins and some select shitcoins were the future and I decided to convert ALL my hardearned ETH into DOT, Harmony and shitcoins like Trava & Floki which were all at their ATH.I was convinced they would all at least X50 -X100 💀 Months later Harmony chain got hacked, DOT which was supposed to be the ETH replacement floundered and the BSC shitcoins like Trava rugpulled.

cutcoturge1

As someone who lost their ass on Cardano, ATOM, and DOT a few years back. My advice is this. Buy BTC, straight up purchase (no leverage), get it off the exchange, put it in cold storage, in a safe, don't lose your 24 word key phrase, and forget about it for a decade. Enjoy your life. Discover generational wealth in 10-15 years.

0mnipath

There was no way to tell shitcoins from not shitcoins. How exactly do you do that? And not all of them shitcoins. I put big amounts into DOT, ADA, MATIC, ALG which had the hype of good projects. All those projects are doing very poorly with their prices while SOL and XRP jumped heaps, for example.

LargeSnorlax

There was actually an extended rally most of of 2024 as well, SOL and memecoins were going insane and you could easily make a ton of money if you were paying any attention Now I'm curious - What were people talking about in here in December 2023 when you could be making 100xs? https://www.reddit.com/r/CryptoCurrency/comments/18g8afh/daily_crypto_discussion_december_12_2023_gmt0/ - People complaining about the daily not being pinned - AVAX, vechain (they were going up I guess) - Nano (lol) - DOT - ATOM - TIA - ADA So really, people are just married to their old badly performing alts and only cheer when they're going up, totally ignoring everything else that's going on and missing out on all the stuff that's actually doing monstrous returns

DryMyBottom

man, I didn’t hear about DOT forever

thenamelessone7

I find it funny how I bought some DOT at 7 bucks in Q2 2024 and I am 60% underwater. How could it even drop 60% from before the cycle's bull levels 😂🤣

jwz9904

DOT

HacksawJimDGN

What would you do with 80 DOT with an average buy of $3.10?

ZekeTarsim

DOT is so brutal. 😭

-AgitoMakishima-

I just want DOT to get back to $4.30 so I can get out without a loss. 28 day unstake is killing me. :(

scottboy34

Crying in DOT

Rory_1354

They're putting in all time lows because they're complete shitcoins. ETH, Solana and Xrp are way off ATL. I said pick any coin outside the top 10, pepe has outperformed DOT this cycle. You are down if you bought DOT at any time during its lifespan. It's over man accept it.

Mirko_91

Im not familiar with details about VET, all i can say is that people say the exact same things about DOT, ADA, SOL, SUI, APTOS, SEI, <insert any bleeding alt name here> My wild prediction is that all those alts will value less in BTC then they do today in a few years. Why take the additional risk of alts, only to be outperformed by the safest options which is BTC ? Even ETH which is the safest alt out there is performing poorly compared to BTC. Your chances to find an alt which wont bleed against Btc in they next year or two is basicly similar to playing the lottery. People keep thinking that the post covid money printing alt-season era will repeat again, when in reality it might never come. Cool new shiny alts will have their short lived pumps after which they will continue to bleed, just like everything else does.

whoisww-

Why does DOT keep getting ETF deals then? Apparently a lot of financial firms know less than you do

Rory_1354

VECHAIN, Matic, DOT etc.. you name the alt outside the top 10 and they're all dead. They might pump and you'll be lucky to get out but in terms of actual any use, they're all complete shitcoins

biba8163

> Alts are maybe struggling for people who bought them at ATH, but if you look at the lows across time You are looking at lows across time in October 2025 with the knowledge of where you know the lows are. People buy shitcoins when they are undervalued like DOT at $24, ADA at $1.15, LINK at $27, etc. They don't know that these are NOT the lows at that time. Then people go back and fictionalize that they timed the market and bought most of their coins at lows. To make money on coins that are not appreciating long term you have to have impeccable timing and and a crystal ball to tell you to buy the low and sell the high. Sure some people do it but most lose money. > Polkadot (DOT) is incredibly undervalued. Tomorrow, its first parachain becomes tradeable! Five chains launching on it this month. (DOT $24) https://np.reddit.com/r/CryptoCurrency/comments/rzx79w/polkadot_dot_is_incredibly_undervalued_tomorrow/ > Cardano's at its most undervalued price in almost 2 years, data shows (ADA $1.15) https://np.reddit.com/r/CryptoCurrency/comments/sp2rch/cardanos_at_its_most_undervalued_price_in_almost/ > Chainlink is grossly undervalued and It will outperform others (LINK $27) https://np.reddit.com/r/CryptoCurrency/comments/q4sl06/chainlink_is_grossly_undervalued_and_it_will/ > MATIC is the most undervalued project considering it’s performance (MATIC/POL $1.15) https://np.reddit.com/r/CryptoCurrency/comments/pyttnp/matic_is_the_most_undervalued_project_considering/ > Why is Litecoin so undervalued in price? (LTC $240) https://np.reddit.com/r/CryptoCurrency/comments/mx5eht/why_is_litecoin_so_undervalued_in_price_read_op/

RamoneBolivarSanchez

Lol the attempt at shilling DOT here is admirable but I’m not sure anyone is ever going to buy those bags man 😂

ieatmoondust

DOT is for sure my worst investment ever.

jwz9904

i have DOT and POL, i still use the polygon network though.

Mavihs22

I made that mistake, not going to repeat it, always choose DOT over other coins, had the opportunity to buy SOL and DOT at the same price, I chose DOT over SOL...... But Always thanks for the lesson 😉

TotalRepost

You’re trying to flex when DOT is under $4? You do realize that the ETFs and DATs are now mostly to fund more exit liquidity, right?

FiB_VIKING

I'm also down alot on my DOT but wishing for it come back to around 10-20$ range so I can exit :D

lordofming-rises

I guess its time I sell my stupid DOT bought at 20dol in 2021

mohicanin

Made decent amount off DOT and even more spotting Kusama early around $1 lol

biba8163

- Every single interest earned in DOT still leaves investors at a loss

biba8163

-DOT BTC high was 0.00095333 in May 2021. If it kept up with BTC, the price would be $102.75 -DOT BTC ratio was 0.00052288 in September 2020 when /r/cc first discovered it. If DOT just kept the same ratio it would be $56.38.

Puzzled-Union6653

yeah, well you should be earning interest if your participating in DOT.

biba8163

DOT is 1/2 the price it was 5 years ago when /r/cc discovered it after it suddenly appeared in the CMC top 10. - Every single early buy is a loss - Every single buy at the top is a loss - Every single buy at the bottom is a loss - Every single dipping buying is a loss - Every single DCA is a loss The only WIN is SELLING. HODL, buy the dip, DCA, etc never was intended for shitcoins. > Where did Polkadot come from?? (September 2020, DOT $6) https://np.reddit.com/r/CryptoCurrency/comments/ilggg1/where_did_polkadot_come_from/