Is dot a good long term investment?

Since its lowest point of under $3 in August 2020, it has skyrocketed over 1,000%. This could indicate that Polkadot is a good long-term investment . You just need to decide if you’re up for the possible rollercoaster to the top. In the meantime, consider staking your DOT and earn as much as 10% interest.

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Is Polkadot any good?

While Polkadot has many projects in the pipeline, it will take some time for this new cryptocurrency to see true success. The good news is that it already has monetary value in exchanges, making it a crypto worth watching .19 Oca 2022

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Should I buy Cardano or Polkadot?

Thus, Cardano is preferred by people who are just stepping into the cryptocurrency field . They have more chance of investing in it as they are inexperienced. Cardano has a lower risk with less strict penalties for investors and moderators. In comparison to it, Polkadot has a higher risk with its purchase.

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Can a dot hit 500?

, Digital Accessibility, Crypto Enthusiast, Hiking and Yoga. To reach a value of $500, basically, the market cap has to grow 21 times which is more than Ethereum’s market cap today. It won’t go $500 atleast for few years from now, but yeah maybe in next 5–10 years if the overall crypto market grows it can .20 Ağu 2021

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