What is going on the mind of polygon investors ?
What is going on the mind of polygon investors ?
I am sure that the previous weeks of the investors of the polygon(Matic) coin wasn’t going good. And the reason you are already seeing on the chart. Even I was also in FUD and thinking multiple time that should I sell my coin on loss because of saving some of my capital.
But thankfully it’s take quick recovery it make more than 16% pump in 24h and make more 24% recovery in this week.
Even then I will ask to the communities or the polygon investor will think that it will be good idea to hold polygon for long-term or the best will be sell immediately after the recovery?
Matic all-time high is $2.92
The price now after the gain that you posted about is $0.517
Anyone that invested on the coin during its all-time high is losing 5.647 divided of the money the person invested on the coin. Example is someone that invested $1000 on Matic at all-time high. The person’s money would be $177.05 by now . That means the person is losing $823 already.
So is it worth investing on the coin in long term when it has no chance to even get to its all-time high?