DOT TO THE MOON
DOT did have its glorious moments in history.
It is possible for DOT to grow 5 to 10 times, but such an increase is not certain.
ADA's competitor (ATOM) has attracted attention from the community because of its low-fee strategy, but at the same time it lacks room for speculation, resulting in its relatively lackluster market performance. However, ADA’s ecosystem is richer in comparison. This is partly due to the strong team behind it, especially its founder BC, the former CTO of Ethereum, who has brought a lot to ADA. Technical advantages.
ATOM's main selling point, cross-chain technology, also faces many challenges. Although cross-chain technology has broad prospects, many investors are skeptical about the security of cross-chains and are worried about asset damage after being attacked. Therefore, it is still unknown whether cross-chain technology can truly achieve large-scale application.
If the virtual world of Web3 truly rises, the demand for cross-chain technology will undoubtedly increase significantly. But judging from the current market valuation, the price of DOT seems to be at a reasonable level, neither too high nor too low.
For investors who want a simple operation, I have a suggestion: in a bear market, observe the trend of currency prices and choose to buy when the price is relatively stable and less volatile. In a bull market, when prices reach a peak or there is a clear upward trend, consider selling.
In short, avoid blindly chasing prices when prices are high, and instead choose to enter the market during a period when prices are relatively stable. Although such a strategy is simple, it can help investors avoid many unnecessary risks.
If you are interested in this aspect, welcome to communicate with me and discuss more investment strategies together! $DOT $BTC $ETH