I have to thank one of my friends who introduced me to Polkadot at the right time. Though initially, I did not listen to his words, I gradually started investing. Today some people might think that 20$ for the token is very high but there is a big group of people who are thinking that in 20$ it is undervalued. Yesterday I made a comment on a post by Publish0x's COO and asked him to consider DOT and Hive as an alternative to ETH due to high fees, to my surprise he replied saying that he is already interested in DOT and is willing to explore DOT. We might soon have that on the Publish0x platform as a tipping token.

This Polkadot project is just getting started. There is a huge roadmap and this year they are slowly getting their legs ready to start walking. The walking itself has pumped the price of Polkadot from around 3$ a few months back to 20$ right now. I was very fortunate to enter into this at 5$. My friend did ask me to take it seriously but I did not have any liquid at that moment to do so.

The little that I bought when the price was 5$ is already 4X the bought price. I'm not going to book profits or do any trading on this right now. The project is still in a very early stage. The success of the project can be seen when it suddenly got increased in market cap and reached the top 5 in Coinmarketcap and Coingecko.

Many big investors are keeping their eye on Polkadot and not just that but many blockchain communities and developers are keeping a close watch to add integration between Polkadot and their blockchain. I gave a small try to understand if there are any development opportunity to work on Polkadot but the documentations were not very great and I noticed that it was too early to start something like that.

But with the support of one of the core developers from the Polkadot team, it should definitely be possible to do some integration like that. It is said that Polkadot would become the ETH killer. One good thing about Polkadot is that the transaction fees are nominal and not very big like ETH. Though we have Hive ultimately without any transaction fees at all, I read a few articles online some weeks back that explained why there should be transaction fees and why they should be very low for the users.

ETH is not only hitting an all-time high in terms of price but also in terms of gas fees. Yesterday the gas fees were very high for people to do transactions. In the coming days, if this continues, people who have small funds in their accounts will not even be able to make use of those funds because most of it would just go to gas fees.

Not financial advice but I personally think that Polkadot has a good potential and one good reason for it is the capability it has to integrate multiple blockchains in a decentralized manner. If more developers start understanding how it works and how it can be integrated, I believe Polkadot would become one of the most attractive investment opportunities and the price can easily reach 500$ in the future. You can read more about the project and start investing.

Some of us would have thought that BTC is not an investment option anymore as it is very costly right now. ETH is also getting far from reach and especially the gas fees are a painful thing. For people who would like to invest in a project that can become like BTC and ETH in another 5 years down the line, I guess Polkadot would be a good consideration.

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