Reddit Posts
$DOT Golden Cross? (new to TA, just asking)
Polkadot & Celestia Technical Analysis (DOT & TIA) Today
What are your favourite cryptos to stake and why?
Is it even worth sticking to older projects?
Do services like this exist? (relating to locked tokens due to staking)
PolkaDOT Crypto Major News Release Adoption simplified Better than Cardano ADA?
Which CryptoCurrency would you get rid of in this portfolio?
How do you REALLY think the market will react to the ETF approval?
How Top 10 Crypto of 2022 Performed in 2023
Haven't heard anything about Polkadot/DOT in a long time.
How is it possible that we are in the bull market of only one single coin? Solana.
Polkadot Price Analysis: DOT Surges 40% in a Week, Can It Break $10?
What happened to this sub? Have Moons doomed us?
How to get rid of Low Balance Coins?
"Everything is pumping except my coins" what to do? wait and hope might be the best.
Is $48K going to be the turning point?
'Invest in legit projects' they said
Which crypto, and why, would you purchase with $10,000?
Really don’t know what to do with my Alts versus BTC ?
$20K in a single coin, which one?
Blackrock acknowledges in BTC ETF filing that ETH, DOT, ADA and other smart contact platforms could cause demand for Bitcoin and the Bitcoin ETF to lessen.
This L1 Token is Up 120% Whilst Altcoin Market cap Anticipates 14% Rally
Thoughts on AVAX? Outperformer next bull run?
What's the future of altcoins like ADA, ATOM, MATIC, DOT?
Hey everyone, seems like there have been quite a few questions on liquid staking on Polkadot these days. Below are basic FAQs about liquid staking in Polkadot ecosystem, let me know if you guys are unclear about anything!
5 Dino Altcoins To Earn Up To 18% Staking Rewards
Hold until cryptocurrency is recognized as a payment method
It appears the DOT locked in crowdloans have unlocked
BTC dominance is at 52%. - Bitcoin remains the OG of crypto.
BTC dominance is at 52%. - Bitcoin remains the OG of crypto.
What people expect to happen, the opposite happens. Let's do a real life case study with DOT in just 7 days.
No Safe CEX: It has been an entire 5 months since BKEX halted withdrawals due to an apparent investigation by authorities. Since then there has been absolutely no update about the exchange or notice about the status of customer funds
Anyone notice DOT will be unlocked from first batch of crowdloan 2 years ago? Are we HOLDing or selling?
Polkadot (DOT) Price Falls to Yearly Low Despite Deployment of Funding Program
Polkadot Community Urges Rate Adjustment for 100 Million DOT Unlocking Event
What is Polkadot 2.0? Release „early“ 2024
THE ULTIMATE GUIDE how to make money in this crypto space
What are some tokens which you chose to accumulate for the next bull run Blue chip, Midcap, lowcap
Interoperable Chain Polkadot (DOT) Says Roadmap in Place To Support 1,000 Parachains
Interoperable Chain Polkadot (DOT) Says Roadmap in Place To Support 1,000 Parachains - The Daily Hodl
Interoperable Chain Polkadot (DOT) Says Roadmap in Place To Support 1,000 Parachains
Interoperable Chain Polkadot (DOT) Says Roadmap in Place To Support 1,000 Parachains - The Daily Hodl
I spent two years building a Cryptocurrency Trading Bot Platform
Why do people still actively buy and hold inflationary tokens?
Price analysis 9/20: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
DOT and AVAX: Have Their Lows for This Cycle Been Established? - Coin Edition
What is Toncoin? An overview of a coin that appeared seemingly out of no-where and is now in the Top 10.
Toncoin is up 50% this week and has entered the top 10. I haven't seen it mentioned once on this sub.
What's your strategy for the next bull run?
Altcoins making new lows - time to buy more?
Will DOT go down further after the unlock from Parachain Auctions next month?
Bankless Friday Rollup and Polkadot
We’re still here in what’s been a roller coaster of a bear market
The Motley Fool - Top Cryptocurrency to Buy in September (TLDR: DOT)
Critical Evaluation of Cardano, Polkadot, and Tezos: Seeking Community Feedback
Critical Evaluation of Cardano, Polkadot, and Tezos: Seeking Community Feedback
Critical Evaluation of Cardano, Polkadot, and Tezos: Seeking Community Feedback
Lifetime advice to beginners and pros that can save you in your crypto journey!(From my experience)
The Future Of Blockchain Interoperatbility
Price analysis 9/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Investors Brace for More Losses as SHIB, PEPE, DOT, AVAX, and SOL Tumble
Left field Alt picks for 2025 bullrun
10 things whales and market makers will kill you if you know!
Chat GPT vs Google Bard, what AI makes the best gains on a 10K USD portfolio
This is for the people who have been in 2 or more bull markets!
Ways To Recover Scammed Bitcoin/ Usdt Stolen Crypto And Funds Lost To Binary Options Forex.
What's your opinion on buying alts during bear market and buying BTC/ETC stack during bull market?
Hitting the Jackpot: The 3 Coins That Are About to Revolutionize the Crypto World!
Change Of Strategy For The Next Bull Run, What Do You Think?
DOT Price Tests $4.30 Support: Sink or Swim for Polkadot?
Somedays Are Easier Than Others by Overall-Extension608
Somedays Are Easier Than Others by Overall-Extension608
Portfolio Advice - Are these ever coming back ? Dump or HODL
Why ‘set and forget’ is quite bad advice
What does your portfolio look like? And how has it fared?
Mentions
DOT is definitely a dead protocol. AVAX however has been.making news pretty steadily for quite a while now. Do you follow their founder or any of the devs? There's SO many big things happening. Its the most undervalued blue chip. When ALT season hits, its going to make you more money than the other blue chips.
-94% to ATH in a bull market. Dead meat. I also held DOT and got out of it, because the “next gen” blockchain didn’t work.
Buying shitcoins like DOT
Avoid Reddit for crypto advice. Discord and Twitter are much better with more informed people. Try and stack BTC, this is a long term investment, but worth it. Avoid 'dino' coins, these are things like XRP, ADA, ATOM, DOT, AVAX, they did well in 2021 but have been down only since. Newer projects have taken over mindshare, this sub refuses to believe it (they have heavy bags). NFTS - Explore platforms like Opensea, Magic Eden, Kingdomly. Interesting collections to research: * Doodles * Good Vibes Club * Milady * Mibera (explore the lore, interesting process if you are an artist. They are still revealing the 1/1s of the collection, a few each week) * Bad Bunnz * Megalio * Steady Teddys Join the Discords/Telegrams of the ones that interest you, check out the communities. Some of these are new, up and coming projects, still upside in price there. Research new projects like MegaETH and Monad, both launching this year. Worth joining the communities, they always welcome artists. Explore Hyperliquid. Explore Berachain, the token hasn't done well so far, but regardless there are big NFT and defi opportunities there, and a great community. Look at what The Honey Jar are doing. They are also adding a financial element to NFTs, stake NFT to earn, borrow against NFTs etc. Solana is best for memecoins, but you may be a bit late on this, it's very scammy and PvP these days. If you want to learn to trade, there is a great crypto twitter community, and great people to learn from. It isn't easy though, but very rewarding once you start to make progress. I could go on, but hopefully that gives you a few things to dig into.
Yeah, I know - I like AAVE, but in the title you said to stop thinking 'dinosaur' coins and then you mentioned - AAVE - which was launched in 2017 (for comparison,DOT in 2020). I don't think we need to take the age of the project as a very very important metric - for me, the more time the project is on the market and doing good - the more trustworthy is for me. Why? Because the tech is battle-tested. As long as the team is there, there is a lot of time to pivot
No dear I'm staking 2 years now, DOT, ATOM and near. I will trade whatever I get from staking :)
I’m only telling the person this because they have an average cost of $55 right now when the price is currently $3.43. Either take the complete loss or hope to average it down enough and get some sort of gain if it’s sees some sort of rally. I don’t own any DOT BTW
I gave up on DOT. I was a big fan for a while it is just overly complex. I just sold my bag for a small loss.
Bro, DOT went from "next big thing" to "please just pay my gas fees" status. Might be time to pack it up unless you’re ready to diamond hand till 2050
Imagine still waiting for DOT to moon in 2025… might as well invest in Blockbuster stock at this point
I had DOT and it got such a pain in the ass to manage staking I got fed up and sold, if I as a techie found the process annoying I figured this isn’t going to be a strong competitor against other L1s.
Waiting on some magical “alt season” to save your underperforming asset is not a good strategy considering the alts that pump besides ETH are different each cycle and projects like DOT are hardly relevant anymore.
DOT and AVAX are the future. Soon stores won’t accept USD. You’ll have to pay in DOT. I heard payroll for all major companies will be done in AVAX moving forward starting in August.
Even if there is an alt season, DOT is dead
Honestly I think DOT is a great buy. It will pump and dump again. I would buy it if it were easy to find on a DEX.
Unstaked both just now as you and u/JH272727 both immediately said the same thing. Unfortunately, DOT has a 30 day unstaking wait period.
Max 10 bucks per DOT, in the meantime stake it in a node or on Nexo
DOT is literal trash which failed to live up any of the hype from last cycle. Cut it and find something that will actually run hard in alt season. You already fucked up by top blasting and bagholding for years, but it's still better to sell and buy something with actual potential rather than the opportunity cost of holding it even longer.
DOT has nothing going for it anymore. If you need the money then sell. If you don't need the money, hold and hope for the best. There could be an alt season later this year but there's no guarantee DOT will get anywhere close to it's old ATH.
Ok but you’re also a bot or throwaway account so your opinion means nothing. And I was speaking to alts as a whole not to DOT specifically.
Holding something that is sinking hoping for a bounce is how fortunes are lost. Bad advice. If you wanted to own something that outperformed in the next year, would it be DOT? Absolutely not, even if there was an alt season, which is unlikely. It makes sense to book the loss and roll it into something else.
It’s kinda counterintuitive but it’s better to double down on your winners and cut your losers. DOT hasn’t come anywhere close to fulfilling its hype from 2021 in fact the exact opposite- it’s a dead chain like so many others from 2021 or earlier. (See here: https://x.com/0xnoncesense/status/1938644557111148960?s=46&t=x8F9hTXQHiQGwDmd5Alt3w) Parachains and decentralization sounded great in theory but it was way too clunky and nobody wanted to use them so it’s a massive waste of capital and infrastructure. Similar to cosmos.
DOT is unfortunately ths biggest ponzi there is
DOT, ADA, KASPA, AVAX, XRP. They're dinosaur coins.. look at their rois in the past 90 days. 😂
True somehow. I don’t care about DOT, but it looks like it could find its bottom here, so I just bought a few now and will sell after a 2x.
Yeah! I mean, he just could have DCAed and lowered his average buying price so that instead of waiting to hit $55 again, he might actually earn some money lets say when DOT hits $40. I don't want to believe that he just put $88K so blindly to a project without even making any research. I don't have any money on DOT but I think it is a good project actually.
So, you bought 1600 DOT when it was $55 but you're not buying it when it's less than $4. Interesting...
Polkadot is brilliant technology with arguably the most potential in the space. True there is no killer app yet so there are no users and it is too complex for your average developer. But when AI is used to develop a mix of user friendly Web3 apps in JAM then $DOT will soar. It isn’t dead; just in a coma. It’s like the world’s most advanced aircraft carrier to which the aircraft have still to be delivered.
I feel your pain, DOT along with many others, looked like great tech in this crypto space. Unfortunately they are just ponzi scams making the founders and few insiders rich. Your as well holding now in the hope of a pump which may or may not come. Lesson learnt, never invest in crypto
If you’re going long-term, consider ADA, DOT, or even RUNE. Not financial advice, but all are building real ecosystems.
DOT my biggest loss ever. Trashcoin.
Because DOT and ADA are the future of finance
DOT stopped getting shilled after some time but Polygon and Algo was still getting shilled deep into the 2022-2023 bear market You gotta wonder if they bought bots to shill on r/cc lol
XCM , Kusama to the moon! DOT $500 EOY
I remember ATOM and DOT are rivals... Now both look like clowns..
Let's not forget DOT, the all time favourite of this sub
HBAR is just another DOT. Lots of tech and stuff but no action on it’s price.
tldr; Algorand (ALGO) is now available for on-chain staking in the Crypto.com App, joining other supported blockchains like Ethereum (ETH), Solana (SOL), and Polkadot (DOT). On-chain staking allows users to secure the blockchain, earn rewards up to three times a week, and unstake assets flexibly. This feature is accessible to most Crypto.com App users, with some jurisdictional restrictions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I don’t want to be too rude or anything.. but are you a fucking moron? It’s one thing to waste your own money on fucking DOT, But grandmas? And it wasn’t even BTC? Jesus Christ man, Trump coin?
...that's how ghost chains work...they slowly die out...lol you do realize coins like Dash, Stellar, Peercoin, Counterparty, etc are also still technically around today right? It's been over 10 years for them. If you want a more recent example, look at DOT. In any case, you can check the metrics about Cardano yourself. Then let us know if you still think it isn't a ghost chain
DOT & Matic looked like great cryptos, with outstanding potential. Both turned to 💩 I sold at a loss some time ok but glad I did as now I would have been left crushed, recked and destroyed, I hate to think what will happen to these tokens once BTC takes a massive dump, which will. It will be a big flush for alt coins
I fell for DOT, it promised a lot, and delivered a box of dogshit
Yeah I'm so fucked with DOT
You guys are not being manipulated. You just need top learn to count and avoid predatory token dump projects. > Shitcoins have rug pull tokenomics which are hidden by partnership and technology memes (April 2023) > - Avalanche 76 Million to 326 Million since 2020 (330% inflation in 2 years) > - Hedera 6.6 Billion to 30 Billion (400% inflation in 2 years ) > - Algorand 1.1 Billion to 7 Billion (530% inflation in 2 years) > The irony is that people who invest in projects like this think Dogecoin's 4% yearly inflation is too high. These shitcoins last a cycle or two, see IOTA, ICON, OMG, etc, while something like Doge will continue to be around https://np.reddit.com/r/CryptoCurrency/comments/12vattj/are_shitcoin_and_meme_coins_the_same_thing/jhatz9r/ > the market gives you indicators of who the sure losers are: (August 2024) > After being -90% since 2021 ALGO, ATOM, DOT, HBAR, etc ....are like another -50% since the beginning of 2024. The thing these chains all have in common is predatory tokenomics without any demand for the token. > Doubling down on losers and buying dying projects from previous cycles is a great way to keep losing more money https://np.reddit.com/r/CryptoCurrency/comments/1elzgdl/what_l1s_do_you_think_have_a_lot_of_potential/lgweq5l/ > - ALGO has 4+ BILLION more in circulating supply since when it was $2. Much harder to reach $2 with that much more supply and that many fewer investors. (August 2024) > - Pretty much every single poor gullible soul who bought ALGO since 2019 is at a loss > - When everyone is at a loss, people are looking at a lot of different price points to exit a shitcoin they've been burned in. History shows these shitcoins never reach anywhere near ATHs https://np.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/ > The Chainlink Cult and hype pushed LINK price to ~$20 in August 2020 at the tail end of the previous bear market. (October 2023 > https://coinmarketcap.com/historical/20200816/ > Since then, they have dumped about ~200 Million tokens or 60% more tokens into the circulating supply and bagholders who bought into the hype not only missed out on bullrun gains but are down -60% since 2020. > Sergey Nazarov has 450,000,000 more tokens to dump on the market. Where do you think the price is going to go long term with zero demand and zero utility for the token besides bullshit hype? Token not needed. https://old.reddit.com/r/CryptoCurrency/comments/172kuqq/daily_crypto_discussion_october_8_2023_gmt0/k4041tj/ Lastly, look at at XRP. The marketcap today is close to what it was at ATH in 2018 but the price is -40% lower today than almost 8 years ago. There has been a 50% increase in circulating supply in that time. | coin | prev. ATH mkcap(price) | current mkcap(price) | Δmkcap | Δprice | Δsupply |:-----------|------------:|:------------:|:------------:|:------------:|:------------:| | XRP | $141 Billion ($3.65)| $123 Billion ($2.09) | -12% | -42% | 52%
DOT is a million times better than BTC, but you need to follow the sheep on here and take their money instead
Cash out the Trump coin. Keep DOT and LINK and hope they go back up. They likely will, but you’ll have to wait. Learn your lesson not to gamble!
> ETH, ADA, DOT, AVAX, etc running like crap reflected this. Wonder why ETH ran like crap? In large part, they made the same mistake that you did. They looked at past data and assumed everything would stay the same. They kept telling everyone that NFTs would drive ETH volume like before, etc. When the reality hits the fan, the disappointment meant ppl had to rapidly realize a new narrative for ETH beyond "ultrasound money". > Activity moves in trends with the market (waves). The ETH NFT folks said the same. They are still hodling. They are still hoping to play the rerun in 2021, like stranded WW2 Japanese soldiers in some jungle. Pump fun can play on whatever next BS streamer narrative. It won't bring back its heyday. > Leave your crypto cult Crypto cultish behavior is the only Lindy thesis generating long-term value accrual. The data is so strong. Crypto revenue sounds good to midwits who don't understand what activities generate this revenue. It is nearly always activities involving a high attrition rate, like leveraged trading, very-lived memes, vaporware, etc. It never disappoints how they can't sustain levels, never mind any growth. Why? Eventually, you run out of losers to play the games and your activities die down driving down revenue. Revenue is a dogshit narrative.
I don’t believe this at ALL. DOT hasn’t had any viability for at least two years as a front runner. There is no way DOT made that list, I’m sorry.. this is just another crypto is dead bs post. Just buy BTC it’s that’s simple.
Just like the guy who put his grandmother's $50k life savings into Link, DOT, and Trump Coin, your friend is going to lose his parents a lot of money. Try contacting his parents directly, if they don't listen, then they deserve it. "Invest" at your own risk.
Just chill for a few months, DOT will cover your costs easily enough, let the haters hate.
Oh and I agree if BTC goes down the alt coins are likely to drop further. It may be years if you gain back your losses for DOT & LINK and you may not gain them back in full. I have no idea how deep your losses are as of today but I’d be reading everything I can on DOT & LINK and understanding the sources and marketing spin. Grandma doesn’t have that much life time left so work hard at a job. Be very cautious about people who say they are experts. There are many being promoted in utube comments as financial experts growing their bases on cryptic apps. Some have a web image on various platforms but no real extended history footprint.
I mean DOT probably isn’t that bad in the long run.
RIP to all the grandmas in heaven mining DOT on their Intel PCs
DOT and LINK are ok but Trump coin? I mean if you can see that as a scam from a mile away. You need better research.
Link is a very solid proyect and DOT is not that bad. Trump coin I think is garbage.
>**Was hoping** market would bounce (...) Aha. You were hoping. That's a gambler mentality, with the aggravating that the money you were playing with wasn't even yours. Those remaining $20k should be given to your cousins. You already spent (probably more than) all your part. Now get a job, if you haven't one yet, and use the salary to repay at least the affected part of your cousins. Another lesson here, OP, is that you shouldn't enter in the market when everyone is in panic mode, especially in the crypto market, which is the first one to be affected when the economy & geopolitics news are frightening and people is desperate to take cash away. Did you even hear the news? Did you even care to watch the price evolution of the coins you have advised your grandma to buy? I haven't checked Link or Trump coin, but when I checked DOT the last time a couple days ago, it was in a hopeless free fall even much before the Israel-Iran war started. And you still spend $20k on it? Why? Crypto is a pretty volatile market. Next time you want to invest in crypto, in the best case put only a fraction of your money it in BTC, which is the safest one in the long-term within the crypto world (it still has a certain degree of volatility), and then distribute it in other assets (high interest bank accounts, gold, S&P500...). In other words, don't put all your eggs in the same basked (aka crypto). As said, pick up the phone to your grandma, tell her that your best intention was to help but that your ignorance (I would rather call it 'irresponsibility', but nevermind) lead you to make a chain of fatal mistakes in a very short timespan, but that you, as a honorable grandson, will find a job and will start repaying the damage. Finally, get a book of financial education and start reading. I suggest you *The Richest Man in Babylon*. It has a lot of timeless advices on how to treat your money. It also contains a tale specially for you, on how not to gamble your own savings (or your family's in this case).
You invested your grandmother’s money in crypto and you chose the worst cryptocurrencies. DOT which is a dead coin and Trump’s grifting pump-and-dump shitty memecoin. A part from LINK, you literally chose the worst cryptocurrencies in the top 40.
You're willing to take money from someone you won't even talk to? You're being shitty and childish and irresponsible. Call her. Own up to giving her advice. Own up to that advice being bad - or at the very least, extremely risky - and make peace with a woman who's actively trying to help you in life. Then, when you've both calmly talked it out, explain to her why you thought that DOT, LINK, and TRUMP were good investments (even if you have no reason other than "hype"). And why they were better than BTC, ETH, stocks, bonds, mutual funds, or even a regular ordinary plain-jane low-yield savings account. Because so far, your choices pale in comparison to even stuffing cash under a mattress. But explain your rationale. Own up to mistakes, embrace future hope for a turnaround, and be honest with her. Basically, man up. Be a good person. Be a good grandchild and show a tiny bit of respect and honesty to someone who obviously loves you and wants to look out for you. Take the L. If grandma can afford to give the money to you, she obviously doesn't need it. You screwed yourself out of money, so don't make the money the crux of your apology. Make *your future* the crux of your apology, and vow to make sound financial decisions - which, at this point in your life, might not involve crypto - and to take this lesson to heart. Then, once you've done that, do the same with each of your cousins. Do the hard thing and face them. Then, work as hard as you can, in the real world and with your investments, to recoup any losses for you *and your family*. Do the right thing and don't hide from this.
Really keeping an eye on DOT right now.. it’s at like five year low, so curious to see if that floor will hold
tldr; Bloomberg analysts James Seyffart and Eric Balchunas have raised the approval odds for Solana (SOL), XRP, and Litecoin (LTC) exchange-traded funds (ETFs) to 95%, citing positive engagement from the SEC. Other altcoins like DOGE, ADA, and DOT have a 90% approval likelihood. The SEC has requested public comments and amendments to filings, signaling progress. Analysts predict Solana ETFs could be approved within 3-5 weeks, driven by the SEC's active review and collaboration with issuers on staking and redemption details. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DOT and LINK are ok, you just need to wait for alt season. as per Trump coin, this is already lost.
Did alt season just start? PEPE , DOT , HYPE all up 2% in an hour
Ripple/XRP is Crypto's Original Sin. > I started working on ripple in the summer of 2011. I soon hired Arthur and David to help me. In 2012, I met Chris Larsen. He joined us about 5 months before ripple was launched. **Chris, Arthur and I kept 20 billion XRP, of which 9 billion were mine.** We gave the remaining 80 billion to OpenCoin. - Jed McCaleb https://web.archive.org/web/20150418092231/https://xrptalk.org/topic/2629-selling-my-xrp It used to be that crypto was supposed to be fairly mined, distributed and anything where the the founders might have gamed the system to hog a big percentage of the coins to themselves was a scam. Ripple was funded by big money Venture Capitalists and the premined supply was kept by the founders to themselves, VCs, and early investors. Ethereum followed that playbook and newer coins like ALGO, AVAX, DOT ,etc have only become worse and worse with VCs keeping the majority of the supply for themselves and scammers like Silvio Micali upping the founders reward to keep 20% of the supply. **Ripple seed investors from 2013 are all VCs** - Andreessen Horowitz - Lightspeed Venture Partners - Pantera Capital - Vast Ventures - Bitcoin Opportunity Fund - Google Ventures - IDG Capital Partners - Core Innovation Capital - Venture51 - Camp One Ventures - IDG Capital Partners **Ethereum investors from 2014** - Konstantin Lomashuk and Vasiliy Shapovalov of Cyber Fund (VC) - Adjacent Venture Capital - Artichoke Capital - Blockchain Assets - Compa Capital - CRVN Capital - Flux Capital
It’s really a case by case scenario- some memes have more stickibility - doge shib Pepe and other well known ones, but I think a lot of the new memes that are dropped these days are pretty much a one and done pump… depending on where you are in the world there are tax benefits for holding over a year, and selling and buying will cost fees as well so personally I don’t sell and buy much, just buy and hold til it’s worth selling… but I don’t do meme crypto either - lots of utility alts though! XRP SUI XLM HBAR LINK ETH DOT ALGO ADA FLR
DOT also wants BTC in their treasury!
Solana has a higher inflation rate, yet you hear nothing about it. DOT is like 7.5% and is actively being reduced. And it seems to have a narrative imo.
> First it was DOT, now ADA, are announcing that they will put a portion of their "treasuries" into BTC. Imagine giving away your precious BTC or hard earned $Money in exchange for premined shitcoins so Shitcoin Foundations can load up up BTC. - EOS (Block.one) holds $14.7 BILLION in BTC - TEZOS (Tezos Foundation) holds $1.8 BILLION in BTC The gullible get Meme Tech Tokens, Shitcoin foundations get BTC. If you tell these people they are getting scammed, they call you a tribal Maxi.
First it was DOT, now ADA, are announcing that they will put a portion of their "treasuries" into BTC. You can't make this shit up lmao
Ripple / XRPs longevity is a big advantage over newer companies… consistently being in the top 10 and being one of the first cryptos gives a heavy advantage… (Bitcoin has the BIGGEST first mover advantage, but ETH / XRP / SOL benefit as well) when a transfer takes 1-3 seconds it’s other areas of infrastructure slowing it down… when a fee is less than $0.001 It doesn’t matter if it’s cheaper… look at all the collaborations / acquisitions / adoption… companies not just buying reserve but putting utility into action… Tbh most people who believe in XRP also believe in the potential of a lot of cryptos as well and tend to be diversified - XRP is my biggest bag (partly as it has outperformed the market over the last year so has naturally become worth more than other tokens with the same amount invested) but I also hold SUI LINK DOT FLR ALGO ADA XLM … I feel like most of the hate is just residue from Bitcoin Maxis saying whatever brain dead takes they can think up … Besides - I much prefer a Ripple Brad vs a MicroStrategy Michael
DOT…. Because I can’t learn my lesson and have aligned myself with the Gavin Wood cult. 🫠
Even the DOT treasury wants more BTC.
I remember being so mad I missed the boat with DOT because everyone was talking about it around 8$ and it 54$ shortly after. Now its down there with LTC and XMR in market cap, around 4$.
The most disappointing coin out there, Gavin really dropped the ball with DOT.
It's quite telling when the people behind DOT would rather have BTC.
tldr; A proposal for the Polkadot Treasury suggests converting 500,000 DOT into tBTC over a year using Hydration's rolling DCA feature. The tBTC would be added to the Hydration Omnipool via Threshold Network's Bitcoin bridge, diversifying the Treasury's portfolio and supporting DeFi incentives. The plan aims to hedge against price volatility and signal support for a multi-chain future. The proposal is under discussion and not yet implemented, with estimated fees of 0.4% of the total amount acquired. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Need to make smart trades. I’m pretty much all in right now mainly on SUI which I sold all my DOT, ADA and LINK for back when SUI hit $1.9. I will soon be 2x again on SUI. I am 3x at least on all the SUI alt coins I own such as DEEP, Scallop, 2x on WAL. haedal to name a few. Now I just own SUI and SUI net alts/memes, SOL and XMR.
Yeah memes are hated around here but Matt Furie coins for example have been great for the most part the past couple years and are doing better then my alts. You had to sell the ADA,Matic,DOT and all that other hyped up stuff in 2021 thankfully i did that because it aint pretty holding it though a bear. I did just a little of that for the 2017 run and never again will i do that lol. It was nice to buy those up in 22-23 period as they did drop quite a bit so if you actually sold in 21 and bought a year or two later you would be good rn on most of those. The diamond hand stuff doesnt mean hold it though the bear it just mean be willing to hold for months or a year leading up to euphoria or big movements. I think some people do confuse that with holding forever lol.
Going all in on DOT counts as doing something seriously wrong.
Yes I hold Ethereum, and I also hold Cardano and a bunch of other alts like Link and DOT. Heck, I even hold Bitcoin and shitcoins like Moons. Heck, I even hold some SOL. Imagine NOT being a maxi and holding only one coin and shitting on every other competitor coin. Jesus!
Polkadot’s Nova Wallet getting a debit card so you can spend DOT, USDC, USDT and on-chain assets with a Mastercard… but only available to EU residents for the moment.
ADA, AVAX, DOT, ALGO, VET, NEAR. (layer1, rwa, ai)
Dont trade emotionally and don't just follow retail along blindly… you are likely to sell the bottom abs fomo buy back in at the top … I hold a lot of alts : XRP ETH SUI LINK HBAR XLM DOT FLR ALGO ADA … but I’m not worried and not watching the charts too closely - a lot of analysts are expecting an alt season but the average retail speculator will get scared out and buy back in once they feel safer… buy the fear, sell the greed… should be more worried when people are saying “ITS NEVER GOING DOWN!”
Dyor. I'm not holding All of these coins or tokens. ADA, ICP, DOT, ERGO, ETH, AVAX, FILE, VET, FLUX
Litecoin and DOT Both are very undervalued currently. Im building LTC ready for long term investment. It’s got huge potential and little risk compared to most on the market plus capped supply like bitcoin. Dot again is at a bit of a low point right now so a good time to invest. Potential to 4x easy enough with a 10x possible if things go crazy. If you want to gamble pop a little on MOG I think again it’s likely to 5x minimum from here but be prepared for that to crash also therefor only put what your willing to lose
Really underrated alt. I hold about 10% of my crypto port in DOT.
I much prefer to be diversified : currently holding XRP ETH SUI LINK HBAR XLM ALGO ADA DOT FLR... I stay away from memes / leverage - larger caps like ETH / XRP are a bit safer than smaller caps, but the higher you go up the risk profile the higher the potential returns as well... I like to play fairly safe though and don't really go into anything that small - be prepared to see high volatility, and to take profits and take some risk off the table as well - I don't plan to do a round trip this cycle! I don't think I'll be able to sell the top, but I plan to scale out of most of my cypto and take profits
DOT is still below the mean on 1d and 2d and no stochastic RSI cross yet, could happen soon at which point a buy signal could print for me. Agree alt season is severely delayed this cycle. 🧐
I hold DOT and am buying more at these levels. I think altseason comes in the fall.
Because Monero is a real crypto with real life use. Good coin. What surprises me though, is the weakness of coins like LTC, BCH, DOT or even DASH which ain't that bad and are actually used...LTC was at the same levels when BTC was for around 6k lol..
I like LINK… it’s one of my top bags along with other utilty tokens like XRP XLM HBAR SUI ALGO ADA FLR DOT… I don’t really care too much about the prices but the tech is cool and hope to see more and more adoption and real world utility … prefer to invest in technology I believe in than just mindlessly buy BTC… also I don’t trade memes
ADA, AVAX, DOT, VET, ALGO. layer1 and RWA gonna be the niche
Yes I was there when DOT hits $50, hold and stake through 2 years for parachain and now DOT was like $3... FML...
This is such a stupid post. Just because an asset fits an obscure pattern doesn't mean that the price will follow. Especially with Polkadot which has massive inflation issues, bad leadership and lack of marketing. That is almost the same as saying a dumped memecoin will rebound because it fits some pattern, obviously it won't, there are stronger factors at play. Of course I would like to be proven wrong as I hold a lot of DOT
Don't you think the massive inflation of this coin, lack of narrative, and the general lack of alt coin interest and/or its over saturation, will lead to DOT's demise?
I’m also holding ETH , ALGO, ADA, HBAR, DOT, SUI… Ones I’m holding that you’re not include XRP XLM LINK FLR
I ditched DOT a long time ago, zombie coin by todays standards