Post
Topic
Board Altcoin Discussion
Re: Is it good to invest Dot for long term? What are your thoughts about Polkadot?
by
Yaunfitda
on 12/07/2022, 11:39:57 UTC
So I have been reading about this Polkadot para chain for the last couple of days. I can see this Polkadot is massively grown parachain and there is much more to come. Sp Dot price now is at a good point. So I want to know whether it is good to invest or DCA Dot? Or do I need to just wait till the breakout shows in Dot?
Not only DOT but everyone is suffering from this bear market. DOT barely in the top 10 right now, sitting at 12, so it's a sign that this coin is still very strong and could have a bright future.

So I would say why not? if you really believed on it's parachain and it could really grow massively in the next couple of years then invest on it while the price is still cheap in this bear market. Because once we are again in a bullrun, it could be X amount of returns for your investment.