MATIC

scoopdiddlypoop

ATH , coming from someone who rode SOL and MATIC before they were top 100 coins last bull run

TexasBoyz-713

Yeah I sold all my MATIC for a slight loss in 2023 or 4 I forget, but in the long run just accepting the loss and moving it to BTC was a decent decision. I’d do it that way again

plasmalightwave

Is it even worth holding MATIC anymore?

AutoModerator

Post is by: KazOmnipotent and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ndmb93/last_runs_coins/ Anything to be said for some of the darling coins from the last run, ones that aren't tiny market cap but also aren't large cap? Examples: DOT, ICP, ATOM, XLM, ALGO, MATIC, etc. I'm definitely forgetting some but these are the ones that come to mind. Which ones of these would you take a gamble on and which ones wouldn't you touch with a 10ft pole? Let's leave projects like Avax, Ada, and Link out of this. They all had hype last time and look good for a big run this time too. Leaving SOL entirely out of this, it's in its own class. *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.*

CipherScarlatti

No, that was where it's screwed up to begin with. "We're Polygon! But we trade under MATIC! No wait let's change it and confuse everybody!"

DrBobbleEd

Yeah, I feel like I'm holding 7 of 8 positions for future tax loss harvesting. Got burned on Luna. My fault for not keeping up with the warnings and having limit orders that went off on the way down while I was at work. But, I put money into some things that I thought had real use cases and they are just waiting to die it seems. Not in a rush to sell. They've already lost most of their value so just gonna hang on and see if I was a "genius" for being early. I don't even look at it anymore. Probably effed up and have MATIC that I should have done something with when it went to POL. I don't even know if I was suppose to do anything during the migration. I am afraid to look and find out that it's all tits up too. I am reluctant to make too many moves bc figuring taxes was a bitch last time.

random5654

Polygon/MATIC/POL

elvid88

Haven’t been around as long (2020) and have been steadily liquidating my LINK after buying at around $6-$7 during the dip (this was after initially buying in between $15-20). Still hold a lot of UNI, DOT, MATIC/POLY from back then whose prices never recovered.

sharkhuh

Need POL (MATIC) to finally pump some more. Let's get back to the glory days of a top-10 crypto

Existing-Might-8392

Well, I’d distribute between BTC, ETH, and a few more coins of your choice, eg., Solana, Polygon, BNB – only real things, no shitcoins or memes. My portfolio was 10% Bitcoin, 50% ETH (yes it looks weird but I was early adopter and then bought when it was less than $100), 10% MATIC, 10% BNB, 10% SOL and 10% of shit and memes. Rn I’d go with POL for like 20%, just check their community and growth with positive flow, second after Ethereum. Then 20% SOL and 10% for memes. 50 split between BTC and ETH

CaptainRelevant

At this moment, ETH because it’s a safe bet even if we get no alt season. If the bull run is over and we’re in a bear market (which I doubt), you’d get your money back and then some next bull run. If we do get an alt season and ETH pops, I’d look to start DCA’ing out of ETH and into XRP once ETH doubles. ETH rises at the beginning of alt season and XRP is usually among the last. Any others may be hot this bull run, but fade to obscurity by the next one. See EOS, MATIC, SKY, LUNA, NANO, and countless others.

sharkhuh

MATIC up 10% on the daily? Is it finally its time to pump??

CaptainRelevant

I was talk very short term since we’re at the tail end of this bull run. The technology and adoption matters for the macro picture, which I think the market disagrees with you as XRP has been a Top 10 coin since forever. If it had bad tech or bad adoption, the market would have sus’d it out like the hundreds that have come and gone (EOS, MATIC, IOTA, NEO, DASH, etc). If it was a scam or MLM it would have been outed by now (e.g. BCC, OneCoin, HAWK).

noviwu97

Based on wallet analysist, only 1% of POL/MATIC holders are in profit

abinonloopin

Started with MATIC. Did well. Ported to BTC and forgot for 2 years. That did extremely well. So now just holding BTC.

_Commando_

Why did MATIC get rebranded to POLYGON and the coin supply was changed (increased) part of the rebrand thus diluting all the existing MATIC token holders?

0xpolygonlabs

Question from X >Is agglayer v0.4 that comes with sub 10 second finality aim to be delivered by end of Q3 2025? When is POL token estimated to be listed on Robinhood When will MATIC to POL migration complete? Any deadlines? What’s taking Coinbase so long to complete migration? Any thoughts on POL tokenomics to make it more favorable/deflationary?

FewReplacement3391

maybe it's time for Layer 1 to bullrun ( BNB SOL ETH ) next MATIC AVAX APT etc ..

JarOfNightmares

Don't worry friend. Two years ago I swapped all my MATIC for SOL and that bag just paid off half my mortgage. God bless you, SOL

Chabuton

Hi. I’ve been in the markets for about 20 years and in crypto for about 9. I used to be a licensed investment analyst, so I’ve seen a lot. Your question is tough to answer. Most beginners just buy BTC and hope for the best. Beyond that, the options are endless. For example, a friend of mine turned 200k into 1M with two methods: He wrote a simple trading script and exited before institutions and algorithms took over. He arbitraged BTC and ETH futures against spot prices. Futures premiums in Korea would spike, so he shorted futures while going long spot and pocketed the difference. Those plays aren’t really available now. The market is more competitive and efficient, so opportunities like that disappear fast. People who do find them usually keep quiet because once others pile in, the edge vanishes. I’m a big believer in learning by doing. Reading theories only goes so far if you can’t apply them. A good first step is to actually buy and move crypto around to understand how blockchain works. Even with a few dollars, you can learn a lot. Here’s a simple exercise: Download MetaMask and Phantom. Set up wallets and copy your addresses. Buy a small amount of USDC on Coinbase (or another exchange) and send some to each wallet. In MetaMask, open the browser on a layer 2 like Polygon and use a DEX aggregator such as Matcha or a DEX like Uniswap. Connect your wallet and swap for a coin, maybe just a few dollars worth of wrapped ETH (WETH). On Polygon you can only buy WETH, not ETH. If you try on Ethereum mainnet, you’ll notice gas fees are too high. To actually make a swap on Polygon, you’ll need gas. So go back to Coinbase, buy $1 worth of Polygon (POL/MATIC), send it to your Polygon address, and then complete your trade. This one exercise teaches you what a layer 1 and a layer 2 are, why gas is required, how to move funds across networks, and how clunky on-chain transactions can be compared to centralized exchanges. Do the same with Phantom and you’ll see Solana is a different layer 1 with its own tokens and rules. If you ever want to move funds from Ethereum to Solana, you’ll learn what bridging is and why it’s frustrating. That frustration is the point: once you see the friction firsthand, you start to understand the problems people are trying to solve in blockchain and you may even contribute to it and help the ecosystem and get rewarded for your efforts. When I first went through this, it made my head spin. It felt like using MS-DOS for the first time: just a blank screen, a blinking cursor, and no clue what command to type. But once you start experimenting, the pieces begin to connect. This is probably more than enough for a beginner, but it’s a good place to start. If you have any questions feel free to respond. I don't use reddit often so if I don't respond I'm 100% sure someone else will be able to help you out.

Chabuton

Hi. I’ve been in the markets for about 20 years and in crypto for about 9. I used to be a licensed investment analyst, so I’ve seen a lot. Your question is tough to answer. Most beginners just buy BTC and hope for the best. Beyond that, the options are endless. For example, a friend of mine turned 200k into 1M with two methods: 1. He wrote a simple trading script and exited before institutions and algorithms took over. 2. He arbitraged BTC and ETH futures against spot prices. Futures premiums in Korea would spike, so he shorted futures while going long spot and pocketed the difference. Those plays aren’t really available now. The market is more competitive and efficient, so opportunities like that disappear fast. People who do find them usually keep quiet because once others pile in, the edge vanishes. I’m a big believer in learning by doing. Reading theories only goes so far if you can’t apply them. A good first step is to actually buy and move crypto around to understand how blockchain works. Even with a few dollars, you can learn a lot. Here’s a simple exercise: 1. Download MetaMask and Phantom. 2. Set up wallets and copy your addresses. 3. Buy a small amount of USDC on Coinbase (or another exchange) and send some to each wallet. 4. In MetaMask, open the browser on a layer 2 like Polygon and use a DEX aggregator such as [Matcha.xyz](http://Matcha.xyz) or a DEX like Uniswap. Connect your wallet and swap for a coin, maybe just a few dollars worth of wrapped ETH (WETH). On Polygon you can only buy WETH, not ETH. If you try on Ethereum mainnet, you’ll notice gas fees are too high. 5. To actually make a swap on Polygon, you’ll need gas. So go back to Coinbase, buy $1 worth of Polygon (POL/MATIC), send it to your Polygon address, and then complete your trade. This one exercise teaches you what a layer 1 and a layer 2 are, why gas is required, how to move funds across networks, and how clunky on-chain transactions can be compared to centralized exchanges. Do the same with Phantom and you’ll see Solana is a different layer 1 with its own tokens and rules. If you ever want to move funds from Ethereum to Solana, you’ll learn what bridging is and why it’s frustrating. That frustration is the point: once you see the friction firsthand, you start to understand the problems people are trying to solve in blockchain and you may even contribute to it and help the ecosystem and get rewarded for your efforts. When I first went through this, it made my head spin. It felt like using MS-DOS for the first time: just a blank screen, a blinking cursor, and no clue what command to type. But once you start experimenting, the pieces begin to connect. This is probably more than enough for a beginner, but it’s a good place to start. If you have any questions feel free to respond. I don't use reddit often so if I don't respond I'm 100% sure someone else will be able to help you out.

plasmalightwave

What did you end up doing? I have POL/MATIC as well that I want to sell and put into something worthwhile.

Salvare003

MATIC is gone. And POL is a shitcoin with unlimited supply.

nichijouuuu

I profited off MATIC and some others in 2024 and sold in December ‘24 and January ‘25. Unfortunately decided to reinvest in stuff (including MATIC again) in February and I’ve been down the last 6 months. Still down. holdings are: MATIC, SOLANA, HBAR, DOGE (for memes) My HBAR is down literally only $160 right now so I have a feeling I’ll have a break even opportunity soon. I’m optimistic about SOLANA going back to $300 one day but MATIC I’m not sure. Losing confidence by the day in that one even tho I was extremely so, long ago.

noviwu97

Probably because a lot of people are gaslighted by this sub into buying shitty VC trash in 2021 like DOT, LRC, MATIC and still down 90%

benmck90

Oof MATIC hurts, had such potential.

kytt_EST

Yeah , MATIC and POL are the same thing according to my research.

ElbowDeep462

When asked "Kai" what network supports MATIC, that was Kraken AI. I'm sure you saw that and went straight into sending it, but that's the YO part of DYOR that you should have done. You shouldn't have stopped at just asking Kraken AI aka Kai.

ElbowDeep462

You sent a token to an exchange that doesn't support it and you're saying they're scamming you. THAT'S A LIE!! You said yourself that you want them to switch back to MATIC so it can be converted. That's you admitting wrongdoing. Admitting you tried to send MATIC when MATIC doesn't exist anymore, it's now POL. That's your negligence for not doing your research.

ElbowDeep462

Bro, any time there's a token migration, the people behind the token make it known and give you time to get things in order. If you knew about, and kept up with the tokens you invest in, instead of blindly investing, you'd have gotten the memo. This isn't a Kraken mistake, it's a you mistake. You tried to send an unsupported token to Kraken because you didn't DYOR. The DYOR rule is echoed throughout the crypto community from day one of your crypto journey. So now you want the whole system to revert back to MATIC for a hot second so you can go back and migrate it to POL, because once again, you didn't DYOR? And because they won't, you take to Reddit to spread lies and bash them? Completely asinine!

justletmesignupalre

Enabling MATIC balance for you is a major infrastructure change that customer service will be unable to fulfil, unfortunately

kytt_EST

As internal security probably makes manual refund difficult I suggested they temporarily enable MATIC balance for me so I could withdraw it myself, but they refused even that.

justletmesignupalre

The way I see it both have made mistakes. You: failed to keep up with MATIC news. Kraken didn't rename it to POL, the Polygon people changed the token to POL which now has a different contract address. There was a migration. I don't know if its still on but your MATIC tokens are useless unless you migrate to the new ones. You sent Kraken a token that is not supported anymore. Kraken: if they stated anywhere that they accepted MATIC tokens, then they failed to update all their websites and documentations. So they should, under this pretence, give you back the tokens.

perskes

I'm not sure what OP is trying to say, but they tagged it "comedy". Kraken supports MATIC, I have some there and sent/received matic from there as well. The post, as any "I did nothing wrong, they stole my money" post, lacks crucial information because they might point at OP being at fault.

nichijouuuu

My portfolio is literally SOLANA, MATIC, HBAR, and DOGE (for memes). I’ve been waiting for any movement of recovery, and got so excited that Ethereum is back. Well no, ONLY Ethereum is moving. Cursed portfolio or something.

Cute_Bandicoot_8219

Lol I also got burned by AMP. Fortunately I had already rotated out of almost every altcoin before the crash happened and was left with 95% of my portfolio in ETH and small amounts of ATOM, MATIC and AMP which are now worthless. Now I just rotate/rebalance between BTC and ETH and will never purchase anything outside of these 2 coins.

noviwu97

Crypto ATH send it your token still down 90% from ATH like POL/MATIC, maybe it's a sign that it's dead

nichijouuuu

Fuck monarchmoney. First of all I love that app. But it told me my MATIC holdings spiked to 83 cents and I went crazy for a short moment. Totally changed my “net worth” graphs and my Coinbase account data.

heyzer888

People underestimate how important a strong and engaged community is. With $WHITENET, I am seeing the same type of early community energy I saw in big success stories like MATIC and ADA back in their early days.

nichijouuuu

Are we gonna get a SOLANA, MATIC (POL too), HBAR pump to go with it? How about my meme DOGE holdings 🤣

MichaelAischmann

How are you going to send JMPT first if you don't have gas? And why do you need BNB or MATIC - on which chain are they? Sounds extremely scamy.

Shuchu87

I have $2.51 worth of JMPT (JumpTask token) but no BNB or MATIC to swap it due to gas fees. Bitrefill doesn’t accept JMPT either. Is there any service or person who can help me swap it to BTC/USDT? I’m willing to send the JMPT first. Just trying to turn it into a small Steam card. Appreciate any advice.

mangycarface

alt season might be heating up, but it’s tough to predict when it will fully kick in your picks look solid, but maybe keep an eye on smaller projects too like MATIC or DOT

ScheduleFabulous4255

During dips like this, I usually focus on projects with strong fundamentals and real utility rather than chasing hype coins. Look for altcoins with active development, solid partnerships, and clear use cases. ETH and SOL are always solid picks, but also consider layer 2 solutions like MATIC or ARB since they tend to recover well. Just remember to DCA instead of going all in at once - this dip might have more legs to it.

Winter-Fun-3208

If it’s not BTC or a top alt layer 1, don’t count on it coming back next cycle. I was in this very position last bull market. Didn’t sell most of my MATIC at the top because I wanted to minimise tax. Guess what? MATIC is now POL with significantly different tokenomics and is no where near its all time high.

Confident_Spot1881

I'd approach a $100 cryptocurrency portfolio for 2025 with a focus on established projects with strong fundamentals and some room for higher-risk opportunities. Here's how I might allocate it: **Conservative Core (60% - $60):** * **Bitcoin (BTC) - $35**: Still the digital gold standard and store of value * **Ethereum (ETH) - $25**: Leading smart contract platform with ongoing development **Growth Potential (30% - $30):** * **Solana (SOL) - $15**: Fast, scalable blockchain with growing ecosystem * **Chainlink (LINK) - $10**: Essential oracle network connecting blockchains to real-world data * **Polygon (MATIC) - $5**: Ethereum scaling solution with strong adoption **Higher Risk/Reward (10% - $10):** * Emerging DeFi or AI-focused tokens that show promise but carry more volatility **Key considerations for 2025:** * Dollar-cost averaging over time rather than lump sum investing * Focus on projects solving real problems with active development * Regulatory clarity may favor established cryptocurrencies * Consider the upcoming Bitcoin halving cycle effects Remember that cryptocurrency is highly volatile and speculative. Only invest what you can afford to lose, and this shouldn't constitute your entire investment strategy. Speaking of investment opportunities, you might want to explore NAQSN for additional insights and resources in the cryptocurrency space. For more information, visit: [https://www.naqsn.com/](https://www.naqsn.com/)

qldvaper88

There is still MATIC tokens which are ERC-20 coins on the network. POL tokens now exist on the POL network. You can convert Matic to POL 1 to 1. I have both MATIC and POL. I assume it's something to do with that legacy. There is a point in the future a few years off where you will need to convert your MATIC to POL. It's all a bit annoying. POL is just a way less interesting name from a brand recognition perspective.

decomposition_

Huh, I’m not sure why my Coinbase still says MATIC for it instead of POL

Due-Inspection-5660

Polygon is its name but the ticker is POL - they changed it from MATIC a long time ago.

decomposition_

It’s called both polygon and MATIC on Coinbase

Due-Inspection-5660

it aint even called MATIC anymore buddy

decomposition_

Anyone still bullish on MATIC?

decomposition_

Anyone still fucking with MATIC?

DecoupledPilot

Yea, I feel you. This is my portfolio from 2021 I keep around to remind myself of my costly stupidity. * CELO -81.3% * XNO -73.0% * VET -81.8% * MATIC -76.8% * MINA -85.3% * XTZ -79.9% * DOT -89.3% * LRC -85.9% * ERG -81.0% * ENJ -93.9%

random5654

I held MATIC for years, then transferred to POL for a loss. Waited a few more months and sold my POL for a loss as other options were returning profit. No regerts.

DistributionReal4936

While kind agree that bitcoin will outperform most of the altcoins, I will wait for another few months since we just started a altseason where the last 15 days altcoins are outperforming bitcoin. In my opinion it is likely to last a little bit longer (there were not extreme greed yet), then I will sell my bags which are not terrible because DCA with Twinvest (I am down 40% in POL, MATIC, TON y 30% in AVAX)

ProlificAvocado

Anyone else thinking about harvesting losses on some Altcoins? I have some POL/MATIC that I held way past its due date with the intention of pulling it out at a loss when I draw profits from others down the line. Definitely not in any danger of it going up 300+% back to its ATH lol.

sharkhuh

Hoping we get some sort of pump back. I loved how ETH aligned MATIC was as a token and ecosystem, but they have been soo quiet since, and I feel like ARB / OP took all the L2 steam from them

sharkhuh

Man, I keep holding MATIC and it just doesn't budge...can't wait to dump it on the next hint of a pump

VariatCA

They should also reflect on what their goals are too. Even with alts that are still down 80-90% from 2021 highs, there is an opportunity cost associated with holding onto projects that are going nowhere. Sometimes, taking a "loss" on that project and shifting your funds to something with positive momentum will recoup your losses faster than clinging onto a dead alt and hoping for a miracle. Case in point, I had a relatively small bag of MATIC that has absolutely seen better days. The last time it started climbing back to the $1 range, I cut my losses on half the bag and moved it into ETH. Doing so increased that value by over 100%, rather than continuing to watch my entire bag of Matic fall from $1 down to $0.24 today.

TexasBoyz-713

Can’t wait for my $ONE, $ATOM, $MATIC, $MANA, $COTI, $NEO to finally make new ATH!

nichijouuuu

I’m ready for Solana, HBAR, DOGE, and MATIC to pump. I’m ⬇️ while everyone in BTC is ⬆️

Mindless_Ad_9792

yeah, having POL/MATIC but not BCH is criminal

DMguy1

TA ain’t useless, but you gotta treat it more like a guide than gospel. For big alts like SOL or MATIC, I use basic stuff like support/resistance — but I always check BTC first. If BTC looks sketchy, I’m not touching anything else.

Aucade13

I‘m quite new to cryptos but I just invested in BTC, ETH, XRP, SOL, LINK, AVAX, ATOM and MATIC as a longterm hodl for the grandchildren.

biggest_guru_in_town

I might try xrp but I'm waiting. My biggest fear is alt coins not surviving dips (e.g. MATIC)

HudyD

Right now I’m mainly stacking MATIC and some smaller DeFi tokens like AAVE. Planning to DCA and just sit tight for the next few years. I also like using Bananagun sometimes to grab coins right as they launch, but I only mess with that on the side. Not every project sticks, but it’s been good for getting in before the hype

BMB281

I wouldn’t count on it, MATIC was in the top 10 once upon a time

BMB281

Got fucked with MATIC. Never again

Sweaty_Club4049

Hi, sorry to bother. I have some USDT on the Polygon network, but I don’t have any MATIC to cover the gas fee. Even 0.01 MATIC would help a lot. 🙏 My wallet address (Polygon Mainnet): 0x3B0599fdc878F5dCCa149Bb1882afC21c757c351 Thanks in advance if anyone is able to help me out!

biba8163

> Zing!! Zing! Zing! Zing! You have an entire history of buying scams and shitcoins and handing out advice for others to lose money with you > I’ve been buying and delegating GRT on arbitrum for about a year now. Wouldn’t say it’s a 100x opportunity but a good eth infra play https://np.reddit.com/r/CryptoCurrency/comments/1du0klg/comment/lbdk3yy/ > ADA + SNEK > ATOM + OMSO > HBAR + SAUCE >MATIC + your rcp of choice > ETH + AVAX + LINK > Relatively low risk swing trades over the next few years. https://old.reddit.com/r/CryptoCurrency/comments/1b8flkx/daily_crypto_discussion_march_7_2024_gmt0/ktqfmj5/

biba8163

> Wise words Wise guy right here > Eth and matic are sure wins (ETH $3,800, MATIC $1.20) https://np.reddit.com/r/CryptoCurrency/comments/1baw8mg/daily_crypto_discussion_march_10_2024_gmt0/kuarp2h/

ispotdouchebags

Agree but disagree. Bitcoin is the standard - full stop. Digital gold. Irrefutable. Undeniable. But, only for a store of value. Alt coins will serve a big purpose: Higher Potential Returns • Altcoins are more volatile, meaning they can rise faster (and fall harder). • Smaller market caps = more room to grow. • Example: In bull markets, coins like Solana or Avalanche can do 5x–20x while Bitcoin might only 2x–3x Innovation and Use Cases • Many altcoins power specific ecosystems or technologies: • Ethereum (ETH): Smart contracts and DeFi. • Chainlink (LINK): Decentralized oracles. • Polygon (MATIC): Scaling Ethereum. • Filecoin (FIL): Decentralized storage. • Bitcoin is seen more as a digital gold than a technology platform Access to New Sectors • Altcoins let investors target trends: • DeFi (Decentralized Finance) – e.g., AAVE, UNI • Gaming & Metaverse – e.g., SAND, MANA • AI tokens – e.g., FET, AGIX • This allows exposure to emerging sectors of Web3 Portfolio Diversification • Just like in traditional investing, some use altcoins to diversify their crypto holdings, reducing exposure to just one asset. And the big one: Lower Entry Price (Psychological) • Some investors feel they “missed the boat” on Bitcoin. • They are attracted to altcoins priced under $1 or $10, even though price per coin doesn’t equal value (market cap is what matters).

NihilisticMind

Honestly? I researched Dapps online as well as asked chatgpt to explain blockchain technology and what the vision of web3 might be. After reading about it, and asking more questions, I was able to narrow down some criteria that make sense to me for long term. Here is chatgpt's conclusion: >Conclusion: Ethereum (ETH), Chainlink (LINK), Polygon (MATIC), Filecoin (FIL), and Uniswap (UNI) are the tokens that most directly align with the principles of Web 3.0—decentralization, privacy, ownership, and interoperability. These tokens represent both the infrastructure needed for a decentralized internet and the financial ecosystems that Web 3.0 will likely be built upon. Hope that helps!

ReverendAlSharkton

This sub shilled lots of garbage. ROSE, ONE, ERGO, MATIC, etc. Most are dead. This sub hates XRP and always has. But it’s climbed to #3 by market cap excluding usdt and has held up better than almost everything else in this current drawdown. Still up 300% on the 1y. I’ll probably get downvotes for talking about it. This sub is a terrible place to get advice. Everyone here, including me, is regarded.

MichaelAischmann

ex MATIC. The gas currency on Polygon.

Lufia321

All the manual input makes it harder. It doesn't automatically categorize a lot of transactions, especially ones that should be obvious. You have to go set it as send, receive, sell, etc. CTC does most of that automatically, it's very rare they have issues. I've only found issues with POL since it migrated from MATIC. They've updated heaps over the years, they have migration as an option nowadays, so that makes stuff a lot easier. Test out CTC for free, they only charge for the report. You'll see how much easier it is, albeit with less exchanges. They don't have whitebit, so I have to make manual transactions for that one, but everything else works fine.

002_timmy

Damn! All staked MATIC was automatically upgraded. I think you’ll still be alright as long as you keep staking. The KAT payout is a 4-year process (if I recall correctly, not at my desktop, would need to read the tokenomics blog post to be sure)

DBRiMatt

Neat! I may have shot myself in the foot at some stage, when the MATIC conversion was taking place, I wasn't 100% confident in the process, so I actually unstaked and moved everything to my Exchange to let them deal with the conversion. Stake Weight = 0.000002 % Ah well. Stake now, steak later still applies!

biba8163

> I don't think Sylvio/Algo is motivated by pure self enrichment When you gift yourself 20% of the supply of the coin, it is 100% motivated by pure self enrichment. > Good thing is it's a fixed total of 10 billion, not constant/lifelong inflation. You must be new to crypto to think these shitcoins have a fixed supply. Founders/Devs/Insiders/Foundations print more tokens when they run out of money and will push the changes through one way or another, either unilaterally, through votes or through threatening the community/investors that development cannot continue without more funding. - NEM which was staple top 10 crypto in 2017/18 increased its supply with a new token when the Foundation ran out of money https://np.reddit.com/r/CryptoCurrency/comments/ao4yb2/nem_xem_decentralized_governance_gone_wrong_nem/ https://np.reddit.com/r/CryptoCurrency/comments/mlixbw/crypto_tragedy_2021_nemxem_40_drop_in_hours/ - Stratis which was a top 10 crypto in 2017 increased its supply with a new token when they ran out of money https://np.reddit.com/r/CryptoCurrency/comments/jlga8p/scam_alert_the_stratis_team_has_announced_a_token/ - IOTA which was once a top 5 crypto increased its supply by 60% recently when they ran out of money http://np.reddit.com/r/CryptoCurrency/comments/16ms0f3/drama_in_a_unilateral_decision_iota_foundation_ceo_announces_60_new_token_s/k1abhle?context=3 - CRO did a 2nd ICO where the original token holders went from holding "0.002% of the supply to only holding is only worth 0.00001%" in a "major switch scam." https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ - Polygon is increasing its supply by 20% to give 10% to node operators and 10% to the Polygon team https://np.reddit.com/r/CryptoCurrency/comments/1byygey/trying_to_understand_how_polygons_token_migration/ - RocketPool tokens went from a hard limit of 18M to 5% infinite inflation to pay for development - FTM (Sonic) increased their capped supply by 15% with the Sonic rebranding https://np.reddit.com/r/FantomFoundation/comments/1huwjrp/ftm_to_sonic_supply_increase/ This guy called out these coins in 2022 and MATIC, FTM already increased their supply. Governors with heavy ALGO bags who think their supply is capped and will find out soon enough.... > - Polygon - Model likely not sustainable past 2024 > - Avalanche - Model likely not sustainable past 2030 > - Algorand - Model likely not sustainable past 2030 > - Fantom (Sonic) - Model likely not sustainable past 2024 https://np.reddit.com/r/CryptoCurrency/comments/w6z0lx/why_max_supply_is_often_a_lie/ (2022)

Outsider4Life9

Same with Polygon (MATIC)...

GreedVault

The market’s not showing signs of that yet. ETH maybe, but MATIC and the rest are probably still sleeping.

biba8163

> it is about where you enter and exit It's not. It's just a thing shitcoiners say. You can't really time buying near bottoms or selling near tops on pump and dump shitcoins. Shitcoiners are always circlejerking themselves off saying their Shitcoin is undervalued at prices that are higher 2, 3, 4, 5, 7 years ago than they are today. Shitcoiners always think their Shitcoin is undervalued and always losing. Then they make up fictional stories about how they bought the bottoms and sold the tops and outperformed BTC. It's more about holding the right asset, BTC. Forget the losses, now calculate the opportunity cost of not holding BTC instead. > Polkadot (DOT) is incredibly undervalued. Tomorrow, its first parachain becomes tradeable! Five chains launching on it this month. (Lower today than 3 years ago at $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 (Lower today than 3 years ago at $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 (Lower today than 4 years ago at $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 (Lower today than 4 years ago at $1.15) https://np.reddit.com/r/CryptoCurrency/comments/pyttnp/matic_is_the_most_undervalued_project_considering/ > Why is Litecoin so undervalued in price? (Lower today than 4 years ago at $240) https://np.reddit.com/r/CryptoCurrency/comments/mx5eht/why_is_litecoin_so_undervalued_in_price_read_op/ > VeChain most undervalued coin? (Lower today than 7 years ago at $0.034 ) https://np.reddit.com/r/CryptoCurrency/comments/7nsm6d/vechain_most_undervalued_coin/ > Why I feel that Crypto.com (CRO) is undervalued and you should buy now (Lower today than 4 years ago at $0.19) https://np.reddit.com/r/CryptoCurrency/comments/q9rty0/why_i_feel_that_cryptocom_cro_is_un

C-Class_hero_Satoru

Guys is it realistic that MATIC (POL) will go back to 1 dollar or is it just a naive dream? It's worst coin in my bag, 80% down

AnoAnoSaPwet

I just use RocketX walletless transfer. I've done new block BTC transfers to the destination of my choosing, often gaining arbitrage on the new token. Previously I was gridlocked by **NEEDING** to use CEXs, but RocketX, does all the work for me for practically no fees (no pesky paper trail either). Before I'd have to do a BTC transfer, sell BTC (for a fee), swap to my altcoin (for a fee), and then withdraw (for a fee), usually losing 5% of my total on fees.  (My last trade on RocketX, I did a $5k transfer, and paid maybe $25 in fees because the BTC took longer to confirm than usual) I'd usually just use mainnet Polygon to make my swaps. I was big into NFTs on OpenSea before, and they primarily transact in ETH/MATIC. Their fees on swaps are practically non-existent (especially if you pay in POL). 

biba8163

> you couldn't scroll one comment...I don't even know what point you are trying to make here. You're comments are all over the place showing you lost money or got scammed on one shitcoin after another. My point is that you're basically a shitcoin tourist, visiting scam destinations, losing your money and then claiming you made off like a bandit after some shitcoin pumps, saying I told you so. > *"Is LRC worth buying still?"* > Nah. Too much risk for too little reward. **A lot of better stuff to invest into. LUNA, FTM, DOT, SOL, MATIC** etc. Hell, even just BTC. https://old.reddit.com/r/CryptoCurrency/comments/s84kul/daily_discussion_january_20_2022_gmt0/htiwfpa/ > Can't believe I missed Luna at $63. Fuck me. https://old.reddit.com/r/CryptoCurrency/comments/s05h6y/daily_discussion_january_10_2022_gmt0/hs039za/ > SOL, DOT, Matic or FTM. Though FTM might be a bit overbought at the moment. I'm dumb and this isn't advice. https://old.reddit.com/r/CryptoCurrency/comments/s46hnr/daily_discussion_january_15_2022_gmt0/hsp9s3p/ > Bought my first sol at 200. 🤡 https://old.reddit.com/r/CryptoCurrency/comments/spkjnk/daily_discussion_february_11_2022_gmt0/hwjmgrd/ > Shorted Sol at 34.88. Closed my position at $32.16. Fuck me. https://old.reddit.com/r/CryptoCurrency/comments/yp9scs/ftx_token_ftt_just_dumped_25_400_million_in/ivi7gj2/

Azzuro-x

I haven't seen a shop yet where Monero is accepted. On the other hand yesterday I've seen a restaurant in central Cannes listing the following : BTC, ETH, USDT, SOL and interestingly MATIC (Polygon) and SAND (Sandbox).

NoCaptain9675

If I were new to crypto, I’d focus on established projects with strong fundamentals. Cardano (ADA), Solana (SOL), and Polygon (MATIC) have solid ecosystems and developer support. I’d also consider stablecoins like USDC for stability and newer projects like LMGX for potential growth but with higher risk.

analiza1992

I would hold onto BTC, ETH, and XRP. For the rest, consider moving some ADA into something more scalable like $AVAX or $MATIC. Your bag is solid, but you can always tweak it for potential growth.

DBRiMatt

MATIC rebranded to Polygon and changed tokenomics from 10B to uncapped supply - while I think the network is still pretty decent, for those who bought MATIC's high prices, they'll struggle to come out ahead.

EnZ07boyyy

The prices of the main alt coins is abysmal. Algo down to 20 cents, MATIC 23, LTC $84, TIA 2.7, DOT 4.1…. Yikes if you’ve held over the last couple years you’re f’d

Pretty_Computer_5864

Apart from BTC and ETH I keep a little MATIC for utility

Imaginary-Seaweed-29

I've been here in 2021 and any SUI shilling doesnt come close to the mass shilling of LRC, MATIC or even CRO that was occurring back then. For SUI it feels more like regular "crypto of the moment" type of thing meaning it being mentioned a lot cause it's been doing really well recently

Freeloader_

oh sweet summer child Ethereum is a good project, how is it doing ? MATIC is a good project, how is it doing ? are you not long enough in this space to know that tokenomics doesnt matter when we have meme coins in top 10 for years ?

arjum-mandal

For secure low fee crypto investing Coinbase or Kraken are great starting points. For long term consider BTC ETH or SOL for short term explore layer 2 or AI tokens like MATIC or FET but always research first. Stick to DCA weekly or monthly to manage risk without constant trading.

Ch40440

wtf is polymarket? Are you talking about MATIC?

GreedVault

MATIC moved quite early, glad I swapped it for BTC…

noviwu97

Eh most people in this sub read about crypto everyday for more than 3 years and still think MATIC is the #1 L2

biba8163

> 85% of supply is already circulating....the minted supply was capped at 10B Algo in 2019, and almost all of the supply is now circulating Governor, do you know what happens to capped supply when the money runs out for foundations? This guy called out these coins in 2022 saying they are going to be forced to increase their supply and print more tokens. MATIC and FTM already increased their supply. > - Polygon - Model likely not sustainable past 2024 > - Avalanche - Model likely not sustainable past 2030 > - Algorand - Model likely not sustainable past 2030 > - Fantom - Model likely not sustainable past 2024 https://np.reddit.com/r/CryptoCurrency/comments/w6z0lx/why_max_supply_is_often_a_lie/ (2022) Founders/Devs/Insiders/Foundations have shown again and again, that they will print more tokens when they run out of money unilaterally printing more, printing more with their own governance votes or threatening the community that they cannot continue the project without more tokens/money. But hey, you're the governor, you do you. - NEM which was staple top 10 crypto in 2017/18 increased its supply with a new token when the Foundation ran out of money https://np.reddit.com/r/CryptoCurrency/comments/ao4yb2/nem_xem_decentralized_governance_gone_wrong_nem/ https://np.reddit.com/r/CryptoCurrency/comments/mlixbw/crypto_tragedy_2021_nemxem_40_drop_in_hours/ - Stratis which was a top 10 crypto in 2017 increased its supply with a new token when they ran out of money https://np.reddit.com/r/CryptoCurrency/comments/jlga8p/scam_alert_the_stratis_team_has_announced_a_token/ - IOTA which was once a top 5 crypto increased its supply by 60% recently when they ran out of money http://np.reddit.com/r/CryptoCurrency/comments/16ms0f3/drama_in_a_unilateral_decision_iota_foundation_ceo_announces_60_new_token_s/k1abhle?context=3 - CRO did a 2nd ICO where the original token holders went from holding "0.002% of the supply to only holding is only worth 0.00001%" in a "major switch scam." (And Billions unburned this year) https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ - Polygon is increasing its supply by 20% to give 10% to node operators and 10% to the Polygon team https://np.reddit.com/r/CryptoCurrency/comments/1byygey/trying_to_understand_how_polygons_token_migration/ - RocketPool tokens went from a hard limit of 18M to 5% infinite inflation to pay for development - FTM increased their capped supply by 15% with the Sonic rebranding https://np.reddit.com/r/FantomFoundation/comments/1huwjrp/ftm_to_sonic_supply_increase/

YaBastaaa

Have you wondered, what happened to MATIC ? is MATIC or POL a dead project now ?