Quote from: Yamifoud on Today at 09:56:30 PM

Quote from: drac970815 on January 07, 2023, 05:53:43 AM

Guys, what are your thoughts about investing in Polkadot(Dot) right now? Is this time a good entry for buying Polkadot or should I wait for more? I'm not considering holding a long time for a bigger profit. Just looking for a short-term hold.

Any ideas?

If you are considering this for a short-term investment, I would say NO. With this bear season, you can never expect a profit in the short term, it certainly takes years to have it. I consider Dot as one of the promising projects, of course, choosing this couldn't make you regrets but of course, you also need to become more patient as it won't grow up when Bitcoin is still on the dump. That is why I would say that don't just focus on this project but invest more in BTC.

Agreed, DOT is a promising project that have gained good market in the shortest time period. From the beginning of its days the value of DOT is found around $3, so we can't expect the market price to $1 for buying. The price is around $5 which is a good buy, if the choice is long term investment. About the project, the development continues and the same keeps the market high than declining.