12-21-2021, 09:30 AM
Polkadot parachains go live - and DOT immediately leaves the top 10 for the first ti
<!-- SC_OFF --><div class="md"><p>Two days ago, <a href="https://www.coindesk.com/tech/2021/12/18/polkadot-parachains-go-live-capping-yearslong-tech-build-for-ambitious-blockchain-project/">Polkadot parachains went live</a>, which is something that, along with the preceding parachain auctions, was anticipated for ages. This is pretty huge news for DOT.</p> <p>Today, according to CoinMarketCap it left the top 10 for the first time since August 2020 (according to Coingecko it's still in the top 10, very closely). I am not trying to throw shade at DOT - I hold some, am still in profit with it and think it's a great project - but a reminder that positive news don't always mean prices will go up, or that often those news are already "priced in" once they happen - buy the rumor, sell the news. So try not to fall for shill posts, of any coin, that tell you how crazy the price will pump because there are so many exciting news ahead - if you are buying to make profit, that might be irrelevant to you.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rklpji/polkadot_parachains_go_live_and_dot_immediately/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rklpji/polkadot_parachains_go_live_and_dot_immediately/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Two days ago, <a href="https://www.coindesk.com/tech/2021/12/18/polkadot-parachains-go-live-capping-yearslong-tech-build-for-ambitious-blockchain-project/">Polkadot parachains went live</a>, which is something that, along with the preceding parachain auctions, was anticipated for ages. This is pretty huge news for DOT.</p> <p>Today, according to CoinMarketCap it left the top 10 for the first time since August 2020 (according to Coingecko it's still in the top 10, very closely). I am not trying to throw shade at DOT - I hold some, am still in profit with it and think it's a great project - but a reminder that positive news don't always mean prices will go up, or that often those news are already "priced in" once they happen - buy the rumor, sell the news. So try not to fall for shill posts, of any coin, that tell you how crazy the price will pump because there are so many exciting news ahead - if you are buying to make profit, that might be irrelevant to you.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rklpji/polkadot_parachains_go_live_and_dot_immediately/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rklpji/polkadot_parachains_go_live_and_dot_immediately/">[comments]</a></span>Kind Regards R