Is Chainlink (LINK) a good investment?

[mich]

Chainlink Awarded as Technology Pioneer by World Economic Forum

The World Economic Forum announced its selection of 100 of the most promising Technology Pioneers of 2020, who are shaping industries from agriculture to healthcare while also working on sustainability issues and much more.

(https://widgets.weforum.org/techpioneers-2020/)

https://www.prnewswire.com/news-releases/chainlink-awarded-as-technology-pioneer-by-world-economic-forum-301077216.html

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[MrMojoRising26]

It was a good investment when it was 50 cents now I'm not so sure if something has recently been hitting all time highs its probably not a good time to invest in it. It has been uptrending for awhile so that's a good thing

[mich]

Crypto derivatives exchange unveils options trading for Chainlink

For the first time, a crypto exchange is offering options contracts for digital assets beyond BTC and ETH.

https://decrypt.co/32971/crypto-derivatives-exchange-options-trading-chainlink

[mich]

Chainlink price gains 5% on the week as the WEF acknowledges the platform

Chainlink (LINK) price has rallied 5% this week after the sellers failed to sustain the bearish momentum. The platform has been acknowledged as one of the tech pioneers of 2020 by the World Economic Forum (WEF).

https://invezz.com/news/2020/06/20/chainlink-price-gains-5-on-the-week-as-the-wef-acknowledges-the-platform/

[mich]

Ontology Fully Integrates With Chainlink, Opening Up Use Cases in Data Management

The move brings Chainlink oracle support to Ontology, increasing scalability, decentralization, and collaboration.

https://www.the-blockchain.com/2020/06/22/ontology-fully-integrates-with-chainlink-opening-up-use-cases-in-data-management/

[giammangiato]

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.

Yes, I think that LINK is a good investment, but don't invest too much in this project. Less than the 10% of your portfolio. Remember to diversificate investments ! I investes in it some weeks ago and i am doing a good gain

[mich]

Chainlink (LINK) Near New All-Time High — Here’s 3 Reasons for the Rally

“LINK is still trading in a very bullish construction. The region between $4.70-$5.00 has been acting as resistance several times, which makes it likely to see a breakthrough in this case. A crucial area to hold is the $4.20-$4.30 level for support. If that remains as support, I’m expecting a new all-time high for LINK. I wouldn’t be surprised with a rally towards the $6.50-$7.00 region from here.”

https://cointelegraph.com/news/chainlink-link-near-new-all-time-high-heres-3-reasons-for-the-rally

[mich]

ChainLink (LINK) Hodlers Increase by 100% in 2020

LINK continues to shine in the crypto markets as more investors seek to own the digital asset.

https://en.ethereumworldnews.com/chainlink-link-hodlers-increase-by-100-in-2020/

[mich]

Report: China’s national blockchain project could adopt Ethereum after Chainlink onboarding

While no information on how Ethereum will be utilized exists at press time, reports confirm Chainlink will be used to secure the “blockchain middleware” that enables developers to create interconnected smart contracts.

https://cryptoslate.com/report-chinas-national-blockchain-project-could-adopt-ethereum-after-chainlink-onboarding/

[leea-1334]

Report: China’s national blockchain project could adopt Ethereum after Chainlink onboarding

While no information on how Ethereum will be utilized exists at press time, reports confirm Chainlink will be used to secure the “blockchain middleware” that enables developers to create interconnected smart contracts.

https://cryptoslate.com/report-chinas-national-blockchain-project-could-adopt-ethereum-after-chainlink-onboarding/

Good luck with that though,,, I think personally China will onboard as many blockchains as possible since Chainlink will allow them to do this but for me the real focus for them if they want to support a network is only logic,,, they will go for NEO. Chinese developers with China-led development and Chinese community. It makes sense only.

[ILScoin]

Chainlink is going to be a great investment in years to come, a lot of shills going out on Twitter as regarding it's futuristic price, the only problem there is that it's on perpetual trading, shorters would keep on the negative vibe as regarding the price

[mich]

Chainlink (LINK) oracles to power NFT-based blockchain games on Polyient

Chainlink’s technological capabilities are in-demand this year, with its blockchain seeing increased adoption this year courtesy its scalable smart contracts, oracles, and verifiable randomness function (VRF) features.

https://cryptoslate.com/chainlink-link-oracles-to-power-nft-based-blockchain-games-on-polyient/

[Fakhrulenclix]

My opinion, chainlink is good project for investment, their main concept is great for the future also their community is strong. I think you must add this coin to your long term investment, but dont so greedy with this coin and invest so much, I think 5% of your total investment is good choice, because out there so many coin better than chainlink

[Twentyonepaylots]

Chainlink (LINK) oracles to power NFT-based blockchain games on Polyient

Chainlink’s technological capabilities are in-demand this year, with its blockchain seeing increased adoption this year courtesy its scalable smart contracts, oracles, and verifiable randomness function (VRF) features.

https://cryptoslate.com/chainlink-link-oracles-to-power-nft-based-blockchain-games-on-polyient/

Man I think you are spamming this thread with Chainlink news, I mean you can make yourself a thread with chainlink that you can update every once in a while. You're not even stating your opinions about it, instead you are just copy pasting what's inside the article, a shitty 1 liner and posting below the link to the article. I think you're a fan of Chainlink, but stop doing this. It seem to me that Chainlink is doing good lately, I've seen its chart and I'm amazed how active it is now. We'll see another pump in chainlink in my opinion when bitcoin breaks the $10,000 mark.

[dino64]

buy link e go away

[elyas772]

One of the biggest benefits of Chainlink crypto is that the platform functions as both smart contracts as well as a blockchain system, it still remains decentralized.

[mich]

ChainLink Transfers into Binance Hit $16M, Suggesting a Top for LINK

The net transfer volume of ChainLink (LINK) transactions into the crypto exchange of Binance has hit a new high of $16 million. This value was from 5,000 LINK transfers into the exchange and is the largest inflow, to date, of ChainLink in terms of volume.

https://en.ethereumworldnews.com/chainlink-transfers-into-binance-hit-16m-suggesting-a-top-for-link/

[LbtalkL]

I really think it is a good investment, there are times before that all markets are down but this coin is going on the other direction which is upward and not affected by BTC corrections. It is sitting on top 4 on Binance active markets LINK/USDT derivative category. And the idea and the team behind this project is pretty solid in my own opinion.

[Iced]

I and some of my friends are early investors of link, we strongly believe that this is just the start of something much bigger than you'd expect.

All those bridges, of course, it is being chilled, but hell which good project isn't? 5$ is just a buy-in price for me Give it some time and you'll see how far that will stretch.

Positives: Smart contracts and bridging the gap between those and third party data/apps. Sergey is really serious about this project, as a friend of my investment circle had found a critical issue on their site which has been resolved immediately and he got a small reward for finding that bug. (Many projects would laugh that away!)

Invest in fundamentals, wait some years, and thank me later. (Though only invest in something you think it is worth investing in)

[Danslip]

My opinion, chainlink is good project for investment, their main concept is great for the future also their community is strong. I think you must add this coin to your long term investment, but dont so greedy with this coin and invest so much, I think 5% of your total investment is good choice, because out there so many coin better than chainlink

the long term prospects of this coin are quite promising. but try to be careful with the current market situation. don't focus too much on long-term investment. just try to look for price increases that occur in the market. or you can trade for this asset. I think it's pretty good for daily trading as well as for the long term.

It seems Chainlink is a really good project, which can be profitable in the future. But as you above mentioned we must take attention to long term investing during this time. That is why long term investing means high risk in my mind. For long term investing top altcoins are better choices than others.