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What are your thoughts on MATIC

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by COINS NEWS 252 Views

I’ve done my own DD and decided to pick up my first bag of MATIC last night. It seemed like a good price point to get in and I’m going to continue to DCA into it.

I’ve read a lot in this sub about polygon, again I did my own DD, but I always learn some stuff I didn’t know on here and often get led down a path I may not have found. I just read an article saying that it’s going to crash, but I don’t trust this source and doubt they can see the future. Here’s a quote.

“Polygon’s price has not been immune to the weakness across the entire cryptocurrency market. Before the flash crash on Tuesday, MATIC has struggled to maintain any trending price moves above the psychological price point of $1.50. The consistent rejection against $1.40 is now a warning signal that lower prices are incoming.”

https://www.fxstreet.com/cryptocurrencies/news/matic-price-to-drop-another-35-and-test-085-as-support-202109111636

Another old guy saying crypto will fail. I’ll DCA regardless.

So, what are your thoughts on MATIC? I believe it will have a strong use even after ETH 2.0, but I want to hear all sides. Thanks ????

submitted by /u/Ninja_Vagabond
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