Is Chainlink (LINK) a good investment?

[mich]

CHZ/BTC Pair Set for HBTC.com Listing

Chiliz ($CHZ), the leading digital currency for sports & entertainment will be listed on HBTC.com – a major crypto exchange platform for the Asian market.  Trading will begin with the CHZ/BTC pair at 4pm Singapore time (10am CEST) on Tuesday May 19th. Deposits are already available, with withdrawals available as soon as the listing goes live.

https://www.newsbtc.com/press-releases/chz-btc-pair-set-for-hbtc-com-listing/

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[Retainly_Collie]

Chainlink is of the few project in the space that is sound and good development behind it. If people are confident to invest in most of these shit projects in the space then why not Chainlink. I still believe it has room for growth.

Link is the best project in 2019. It has grown amazingly and has helped many people make a profit investing in it. And as you said, instead of investing in shitcoin in this market, we should buy Link and hold. It will certainly grow in 2020

[cryptosuccessful]

Chainlink is one of the best investments you can make at this time. In fact, I believe it will be what earns blockchain technology widespread adoption. Currently, smart contracts aren't being used by retailers and enterprises for a couple reasons. One of them is that smart contracts cannot receive third party information. Most real world use cases of smart contracts require outside information, such as market data (Bloomberg, NYSE), bank payments (Chase, Swift, Citi, etc.), retail payments (PayPal, Visa, MasterCard), events data, backend data (SAP, salesforce), and web APIs. This is known as "the oracle problem"", which the Chainlink team is trying to solve. By bridging the gap between smart contracts and third party data, blockchain can be and will be used in the real world to solve business problems. We already have security and programmability. Now we need utility. In short, Chainlink is a blockchain agnostic utility worth putting your money into. You won't regret it in a couple years. Remember, all that matters when investing is the fundamentals of what you are investing in. Ignore the FUD and HODL 

[mich]

This trend amongst Chainlink investors might give the crypto a serious boost

Parabolic uptrends in the crypto market tend to be short-lived and followed by immense selloffs, but Chainlink has been able to buck this trend – being one of the few altcoins that has been able to post steady gains over the past year.

https://cryptoslate.com/this-trend-amongst-chainlink-investors-might-give-the-crypto-a-serious-boost/

[mich]

The DeFi bull case for Chainlink and Synthetix

Framework Ventures is a San Francisco based venture firm with a strong DeFi thesis. Framework believes a new age of venture capital is upon us, known as ‘Network Capital.’ Rather than just hold onto the asset, this type of investing aims to be more holistic. “If you're going to be investing in decentralized networks, this requires a new hybrid model where the stakeholders can participate in market-making, staking, and governance.” Framework is a major holder of Chainlink’s LINK token.

https://bravenewcoin.com/insights/podcasts/the-defi-bull-case-for-chainlink-and-synthetix

[mich]

LINK Surges To Three-Months High But Now Facing Important Resistance. Chainlink Price Analysis

After a full recovery from March collapse, Chainlink paused and consolidated for almost five weeks due to low trading volatility. But now, it is beginning to show strength again after rising by 7% over the past hours.

https://cryptopotato.com/link-surges-to-three-months-high-but-now-facing-important-resistance-chainlink-price-analysis/

[mich]

Chainlink on How LINK Is Not a Cryptocurrency But Has Value and Provides Incentives to Nodes

ChainLink serves as a general bi-directional computer-enabled connector that connects the online and offline systems.

https://thecurrencyanalytics.com/15383/chainlink-on-how-link-is-not-a-cryptocurrency-but-has-value-and-provides-incentives-to-nodes/

[Partisson]

On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.

Chainlink which functions as a link between blockchain and non-blockchain technology, chainlink is one of the unique smart contracts where the link chain can connect between smart contracts with data feeds, and traditional bank accounts, this is preferred by many investors and is one of the choices to invest their money the evidence from chainlink can survive until now in the 14th position of the Coincap Market.

[mich]

Chainlink’s price oracles power derivatives and crypto-finance products running on new DeFi exchange

The project partnered with a decentralized exchange, the Opium Network, on June 3, fueling Chainlink’s narrative of building a fully-decentralized, verifiable network with high interoperability.

https://cryptoslate.com/chainlinks-price-oracles-power-derivatives-and-crypto-finance-products-running-on-new-defi-exchange/

[peter0425]

Looking at the Market movement of LINK it seems they are making progress and having development so Yes this can be a good investments for holding till another year.

LINK Surges To Three-Months High But Now Facing Important Resistance. Chainlink Price Analysis

After a full recovery from March collapse, Chainlink paused and consolidated for almost five weeks due to low trading volatility. But now, it is beginning to show strength again after rising by 7% over the past hours.

https://cryptopotato.com/link-surges-to-three-months-high-but-now-facing-important-resistance-chainlink-price-analysis/

The Last 3 months activities shown how strong this currency is,so expect hype in the next weeks or months.

[mich]

ChainLink Price Analysis - A new LINK/USD record high nears

Technicals for the LINK/USD have returned to bullish territory since the March drop, with price holding well above both the 100-day EMA and the twelve-hour Cloud.

https://bravenewcoin.com/insights/chainlink-price-analysis-a-new-link-usd-record-high-nears

[yohananaomi]

On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.

what you say is true, from the first time the link entered the market at a price below $ 1, and if we look at the development from the first until now the trend is positive. never plunged below the price at the first time and we must admit that the transaction volume is quite high. in CoinGecko the position is quite good even though it is not a top 10, but it is believed that it could be with developments made to penetrate the top ten. in one year Link is in a green position
and currently at a very good price of $ 4.46. so it's natural to make an investment other than ethereum.

[mich]

Chainlink (LINK) Update for 12 June 2020: New Partnerships and Latest Price Action

This article provides an update on decentralized oracle framework Chainlink's most recent partnerships and LINK's latest price action.

https://www.cryptoglobe.com/latest/2020/06/chainlink-link-update-for-12-june-2020-new-partnerships-and-latest-price-action/

[mich]

DeFi giants join forces as Kyber Network integrates Chainlink

The popular decentralized exchange Kyber Network has integrated Chainlink for real time on-chain price feeds.

https://decrypt.co/32154/defi-giants-join-forces-kyber-network-chainlink

[mich]

Chainlink‘s parabolic uptrend in question despite signs of fundamental strength

Chainlink has been guided higher by a massive parabolic growth curve for over 900 days, and each reaction to this level has been potent.

https://cryptoslate.com/chainlinks-parabolic-uptrend-in-question-despite-signs-of-fundamental-strength/

[yohananaomi]

in the graphs listed on CoinGecko, I say that Link is very reliable for investment in the future, the graph is pretty good and the market volume is high enough and the annual increase is quite reliable. for 2020 this Link is very good and prominent even though it has gone down but never the initial price always remains above it. very recommendation to be used as an investment, if we look at bitcoin will also move up, which will raise all altcoins, including Link.

[Harriti]

Chainlink‘s parabolic uptrend in question despite signs of fundamental strength

Chainlink has been guided higher by a massive parabolic growth curve for over 900 days, and each reaction to this level has been potent.

https://cryptoslate.com/chainlinks-parabolic-uptrend-in-question-despite-signs-of-fundamental-strength/

Although Chainlink is one of the formidable tech rivals with many top alts now, I think its growth depends on bitcoin. In the past, a lot of people thought that Ethereum would ignore bitcoin and grow strongly. but they were wrong, bitcoin is still the most important coin so it will govern the market. So even if Link is one of the best tech coins, its value will be determined by bitcoin.

[sky_Gritzz]

https://cointelegraph.com/news/chainlink-price-oracles-dominate-defi-data-feeds-amid-kyberswap-integration

the news even chainlink dominate the defi feed even now are integration with kyberswap, and affect market movement because investor investors glance at the chainlink

[distr@yopmail.com]

https://cointelegraph.com/news/chainlink-price-oracles-dominate-defi-data-feeds-amid-kyberswap-integration

the news even chainlink dominate the defi feed even now are integration with kyberswap, and affect market movement because investor investors glance at the chainlink

the development of this project is very good indeed. integration with several projects also builds its larger market. of course, now investors will consider this asset as the best investment in a down market and move away from assets that are starting to slow down and have a little updating.

[makishart]

https://cointelegraph.com/news/chainlink-price-oracles-dominate-defi-data-feeds-amid-kyberswap-integration

the news even chainlink dominate the defi feed even now are integration with kyberswap, and affect market movement because investor investors glance at the chainlink

that doesn't mean link was dominating the demand and volume of defi. it looks like the majority of defi that's still dominating the defi ecosystem was coming from ethereum chain. i can't deny if chainlink is also a good coin too.