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Author Topic: Is Chainlink (LINK) a good investment?  (Read 6798 times)
dragonvslinux
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November 17, 2020, 07:44:23 AM
 #281

This coin had all the hype and some of us made huge gains from it.  It has a price currently of $12.83 and with key resistance at 13$ LINK is again close to breaking out.  
In a analyst I read it says LINK will be 14$ by this time next month.
Obviously we are seeing what Chainlink, with its growth rate from the beginning of 2020 until now and this wouldn't the hype Smiley , i think this will be the next time we still seeing LINK price rise following the market trend and i think the number won't stop yet and LINK will reach ATH soon in the near future.

Chainlink's all time high has been achieved in 2020, if it is achieved again this year, I admit that Altcoin is one of the most amazing coins,
and deserves to beat Ethereum's dominance in the market, the community seems very strong to hold Link, I appreciate it
this is one of most performed coins in this year, while another coins dumped chainlink able to survive and even hit highest price.  it could compared to binance as best performance coins in top 100 and be must collected coins in our porfolio. next year , this coins will going crazy again when market totally bullish.

Are you sure Link will go crazy again? usually when it reaches an all time high,
the performance of a coin will decrease, and Link hasn't found the next strong support yet,
for me you should have to wait for the right buy position.

I think you're both right here, Link will probably not "go crazy" in the near future, as it's still correcting from it's ATH (50% so far), and could easily correct another 50% further if Bitcoin dominance continues to climb for the remainder of the year. I also do believe that next year, in a "full blown" bull market with Bitcoin breaking ATH, then Chainlink will likely be one of the best alternative investments to make, alongside Ethereum in my opinion. They are large cap altcoins, so risk is low compared to small cap altcoins. Averagining in from a 50% discount level isn't the worst idea, even if I wouldn't be going "all in" at these current prices either. (Price reference is to btc not fiat by the way).

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November 19, 2020, 05:21:16 AM
 #282

This coin had all the hype and some of us made huge gains from it.  It has a price currently of $12.83 and with key resistance at 13$ LINK is again close to breaking out.  
In a analyst I read it says LINK will be 14$ by this time next month.
Obviously we are seeing what Chainlink, with its growth rate from the beginning of 2020 until now and this wouldn't the hype Smiley , i think this will be the next time we still seeing LINK price rise following the market trend and i think the number won't stop yet and LINK will reach ATH soon in the near future.

Chainlink's all time high has been achieved in 2020, if it is achieved again this year, I admit that Altcoin is one of the most amazing coins,
and deserves to beat Ethereum's dominance in the market, the community seems very strong to hold Link, I appreciate it
this is one of most performed coins in this year, while another coins dumped chainlink able to survive and even hit highest price.  it could compared to binance as best performance coins in top 100 and be must collected coins in our porfolio. next year , this coins will going crazy again when market totally bullish.

Are you sure Link will go crazy again? usually when it reaches an all time high,
the performance of a coin will decrease, and Link hasn't found the next strong support yet,
for me you should have to wait for the right buy position.

I think you're both right here, Link will probably not "go crazy" in the near future, as it's still correcting from it's ATH (50% so far), and could easily correct another 50% further if Bitcoin dominance continues to climb for the remainder of the year. I also do believe that next year, in a "full blown" bull market with Bitcoin breaking ATH, then Chainlink will likely be one of the best alternative investments to make, alongside Ethereum in my opinion. They are large cap altcoins, so risk is low compared to small cap altcoins. Averagining in from a 50% discount level isn't the worst idea, even if I wouldn't be going "all in" at these current prices either. (Price reference is to btc not fiat by the way).

If what everyone predicts also what do you say that bitcoin will increase sharply next year then it is certain that altcoins will also receive the increase. Besides ethereum, of course chainlink is something that should also be taken into account because chainlink can show its performance so far, which has continued to improve and does not disappoint.
for chainlink prices have never experienced a decline below the price when they first entered the market but the volume continues to increase even though sometimes it goes down but it is not too worrying.
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November 19, 2020, 05:41:59 AM
 #283

Hedge fund manager Three Arrows Capita just bought $10m worth of LINK in last dip.  This is big news for anyone hodling LINK.    

Three Arrows Capital also hundreds of millions worth of Grayscale Bitcoin Trust shares.  Grayscale buying Bitcoin is one of the reasons for bull run.

https://www.threearrowscap.com/about-us/

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dragonvslinux
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November 19, 2020, 12:45:31 PM
 #284

This coin had all the hype and some of us made huge gains from it.  It has a price currently of $12.83 and with key resistance at 13$ LINK is again close to breaking out.  
In a analyst I read it says LINK will be 14$ by this time next month.
Obviously we are seeing what Chainlink, with its growth rate from the beginning of 2020 until now and this wouldn't the hype Smiley , i think this will be the next time we still seeing LINK price rise following the market trend and i think the number won't stop yet and LINK will reach ATH soon in the near future.

Chainlink's all time high has been achieved in 2020, if it is achieved again this year, I admit that Altcoin is one of the most amazing coins,
and deserves to beat Ethereum's dominance in the market, the community seems very strong to hold Link, I appreciate it
this is one of most performed coins in this year, while another coins dumped chainlink able to survive and even hit highest price.  it could compared to binance as best performance coins in top 100 and be must collected coins in our porfolio. next year , this coins will going crazy again when market totally bullish.

Are you sure Link will go crazy again? usually when it reaches an all time high,
the performance of a coin will decrease, and Link hasn't found the next strong support yet,
for me you should have to wait for the right buy position.

I think you're both right here, Link will probably not "go crazy" in the near future, as it's still correcting from it's ATH (50% so far), and could easily correct another 50% further if Bitcoin dominance continues to climb for the remainder of the year. I also do believe that next year, in a "full blown" bull market with Bitcoin breaking ATH, then Chainlink will likely be one of the best alternative investments to make, alongside Ethereum in my opinion. They are large cap altcoins, so risk is low compared to small cap altcoins. Averagining in from a 50% discount level isn't the worst idea, even if I wouldn't be going "all in" at these current prices either. (Price reference is to btc not fiat by the way).

If what everyone predicts also what do you say that bitcoin will increase sharply next year then it is certain that altcoins will also receive the increase. Besides ethereum, of course chainlink is something that should also be taken into account because chainlink can show its performance so far, which has continued to improve and does not disappoint.
for chainlink prices have never experienced a decline below the price when they first entered the market but the volume continues to increase even though sometimes it goes down but it is not too worrying.

Personally I'd never say that altcoins rising against Bitcoin is a certainty, only that we saw this back in 2017 once Bitcoin had broken ATHs. I think the reality is the cyrpto markets are still dominated by traders, especially the altcoin markets where you'll find less investors. Therefore for swing traders who prefer to buy dips than buying highs, as well as more speculative investors (seasoned I imagine) it's likely these individuals will be buying up coins like ETH and LINK simply because they are "cheap" in comparison to Bitcoin.

I also have the same sentiment generally, I prefer buying discounts than breakouts, at least as an investor. Therefore, the cheaper good alts get, the more likely I am to invest. For example ETH is now -35% from it's BTC highs, which makes me salivate seeing it reach it's 50 & 200 Week MAs for the first time since May. To me, this is a lot more attractive then accumulating more Bitcoin at a -20-25% discount from ATH.

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cryptonx
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November 29, 2020, 05:35:40 PM
 #285

This coin had all the hype and some of us made huge gains from it.  It has a price currently of $12.83 and with key resistance at 13$ LINK is again close to breaking out. 
In a analyst I read it says LINK will be 14$ by this time next month.

few days ago Link price hit about $16 and thats mean this coin have a lot of potential to grow more buddy
maybe next year the price of link will create new ATH my friend

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goddess116
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November 29, 2020, 06:07:24 PM
 #286

My response except yes it is still yes,no other answer. The people that investing in LINK at the beginning,they have already made a lot of money from,some of them may even are financial freedom.

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November 30, 2020, 11:21:08 AM
 #287

Chainlink has so much to offer, it could be considered a safe investment that can bring guaranteed strong returns.
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December 19, 2020, 08:58:25 AM
 #288

Chainlink has so much to offer, it could be considered a safe investment that can bring guaranteed strong returns.

And LINK has been the favorite of tokens for many people since it began making big gains a few months ago.

Now its priced currently at $13.68 and is up 12% is the past 7 days. 

Here is a article suggesting the next bull run once price hits $14.50-  https://www.newsbtc.com/analysis/link/chainlink-could-rocket-higher-if-it-breaks-above-one-key-level/

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December 23, 2020, 05:07:03 PM
 #289

chainlink has decreased by -8.82% as of today but that doesn't seem to be the case. let's wait for further corrections for chainlink although there is no certainty when the chainlink will increase, but in my opinion there is potential there

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December 23, 2020, 08:34:54 PM
 #290

link made its hypw 3 months ago with 20 dollar. now and aftermore it will swing around 10 dollar.

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December 25, 2020, 12:57:49 PM
 #291

chainlink has decreased by -8.82% as of today but that doesn't seem to be the case. let's wait for further corrections for chainlink although there is no certainty when the chainlink will increase, but in my opinion there is potential there

The potential of chainlink has been seen from the beginning when he started to trade convincingly to continue to move to improve the increase, even though it finally stopped. but by starting bitcoin excited hopefully it will have a good impact on chainlink, of course also the hope of all who hold chainlink.

I hope the management will continue to improve the performance that has not been seen so far, the momentum of increasing bitcoin will be able for them to also want to move with renewable innovations and not only because of the encouragement of the increase in bitcoin. chainlink will receive renewable ATH next year and I believe in it.

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January 12, 2021, 11:22:34 AM
 #292

LINK was at one time the hottest Alt coin on the market with its bull runs and upwards trends.

This article gives reasons why LINK will be best performing Alt Coin of 2021
https://coinpedia.org/news/will-chainlink-outperform-ethereum/ 

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January 12, 2021, 11:32:04 AM
 #293

Chainlink has been strong in the market and is a solid investment. RSI is in an overbought position many times but it is a good investment in 2021.
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January 12, 2021, 01:44:48 PM
 #294

I always see it as a good investment and high return in the market. I have been holding LINK since around March 2020 and i have not yet sold any LINK. I  still waiting for the big bull run, and then LINK will really explode in price. A tip for everyone to explore because i find it really potential and valuable in the market.
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January 12, 2021, 03:42:06 PM
 #295

Chainlink may be an unused altcoin, so far I do not see that modern altcoin features a great item for the long term. Perhaps for the brief term, chainlink is exceptionally great for speculation. but more absolutely for exchange. Since chainlink still has tall volume and development.On the off chance that for the long term, I am also willing to increase portfolio of chainlink,but its not financial advise do own reserch.All time best Bitcoin, Ethereum,ADA,ZEN,BNB.

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SlimShadyMmp
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January 12, 2021, 10:26:26 PM
 #296

Sometimes I actually think whether is a good or bad investment but surely chain link fundamentals will keep going in the long term Let's hope it pushes pass it's all time high

susuberuang
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January 13, 2021, 01:56:59 PM
Last edit: January 13, 2021, 02:10:09 PM by susuberuang
 #297

Link is one of the best altcoins throughout 2020 and until now the price is still above, Because chainlink has a high volume and development, I see this link has great potential to compete with other well-known coins in 2021, Chainlink is already strong in the market and is a strong investment  very solid, suitable if used as a long-term investment,
mrob82
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January 13, 2021, 07:56:52 PM
 #298

I like LINK and bought more when it dropped to around 13ish.  I think the biggest move is going to come mid-year to the end of the year.  ALTs are not going to hard move until 1-2 months after the last move of BTC, my thoughts are thats going to happen somewhere between beginning of September 2021-End of October 2021 for BTC.
edandrada
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January 13, 2021, 08:29:17 PM
 #299

link is now 15 dolar. its ath was 20 dollar. only 20% far away from its ath.
i think there are better coins than link for invest. thera are som coins 95% far away from their aths.
link cant make 2x but, they can do

yohananaomi
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January 13, 2021, 09:40:29 PM
 #300

LINK is one of my favorite coin where i take regular future trade and gain a lot of money from it.

indeed from the appearance of the Link is very good and continues to increase and when all of the fall, Link still survives even though it is a bit down but still reasonable and still a promising investment

It is also my favorite coin, especially for the Defi coin. Not only for trading, but I also take LINK for my long term crypto asset. I believe LINK to be like Ethereum which can lead altcoins, it can lead Defi tokens in the future. So, with this potential future, it is very worthed to buy and hold LINK.  Wink 

link is very good but if it is like going to replace ethereum it might feel difficult if only as a comparison for alternative options, it is very possible that the link will be the best.
because it continues to show that link development is very advanced and moving towards a positive. hopefully it will be maintained.

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