Is Chainlink (LINK) a good investment?

[jasonjm]

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 is a very good option to consider for short term as well as long term investment. The coin has huge potential. And the price will hit 150 to 200$ in 2021 or in early 2022.

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[sulendra12]

Chainlink is a very good option to consider for short term as well as long term investment. The coin has huge potential. And the price will hit 150 to 200$ in 2021 or in early 2022.

What is the reason for your opinion? I'm interested to hear it from you.

Although, after 3 months I have been abandoned this coin because I have made lot of profit there. Still the price is quite bubble and not stable because the price is heavily affected by Bitcoin, coincidence? I think so.
There were several cases where BTC going up/down and then LINK were following it, if you want to make the investment on LINK then just make sure to also check Bitcoin as well.

[LUCKMCFLY]

For now it is very normal that LINK can take a bearish jump, but it is from the point of view that everything depends on BTC, however technical analyzes are always pointing to a downward movement according to this analysis:

SNIP

all coins are addicted to bitcoin, even ethereum which is shilling as an ecological coin (see JP Morgan)
but compared to other coins (such as shiba) LINK has a really interesting use and has only one competitor

You are right, now LINK has a competition but not at the level of the others, I think it is because of the type of project, investors are seeing LINK as one of the currencies that is most likely to be successful in the future, sometimes for me. It represents difficult to analyze a currency that is relatively young, it is not the same to analyze BTC, ETH, MONERO, than the new ones, but there is an important factor, which is what investors think, they see other characteristics due to their financial analysts and they know which currencies can explode, and LINK is one of them, when we see on the chart we can see:


Tradingview.com

The possibilities that exist for LINK now at this moment I think it is unique, it can give a big pump if BTC reaches $ 50k which is very likely to happen.

[mich]

Crypto analyst Benjamin Cowen believes LINK will be on the rise in the near future.

https://dailyhodl.com/2021/06/17/heres-how-high-chainlink-will-rise-this-cycle-according-to-crypto-analyst-benjamin-cowen/

[speedforce]

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 is a very good option to consider for short term as well as long term investment. The coin has huge potential. And the price will hit 150 to 200$ in 2021 or in early 2022.

Agree the coin have a huge potential, but the price estimation based on uptrend i dont think its relevant anymore, we are on a bit downtrend, so its hard to predict price on such this situation.
So, can you share how you estimate that kind of price?

[judaspriest]

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 is a very good option to consider for short term as well as long term investment. The coin has huge potential. And the price will hit 150 to 200$ in 2021 or in early 2022.

Agree the coin have a huge potential, but the price estimation based on uptrend i dont think its relevant anymore, we are on a bit downtrend, so its hard to predict price on such this situation.
So, can you share how you estimate that kind of price?

Yes, with market conditions that are going down, of course almost all coins have decreased,
and what you say is true it is not easy to predict prices at this time and besides that we need to be patient too,
I really hope the market is in an uptrend again but it's better to be realistic

[Sir Legend]

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.

their slogan is Chainlink provides the largest collection of decentralized services powering the world’s hybrid smart contracts.
I think Chainlink is a good altcoin because the team's performance continues to be active and the price is proven to continue to rise, I once invested about $150 when it was $2, and I sold everything a year ago for $8 or up 4x in a year

[Samurai trieng]

I think chainlink is a very good investment for the long term, because this altcoin has very good prospects, its movement is increasing day by day, and this is an opportunity to buy chainlink because the price is going down due to the chaotic market situation,

[ubercool]

LINK is a great investment of you're a long term holder and trader but in my honest opinion, the issue with link is that no exchange will give any staking profit for link. Either you have to put them on a liquidity pool or lend them somewhere which have their own disadvantages.

[LUCKMCFLY]

LINK like almosthttps://ambcrypto.com/bitcoin-litecoin-chainlink-price-analysis-22-june/ all highs have a bearish trend, but it is very normal due to the fall of BTC, for now what is shown in most analyzes for LINK is that it continues to fall, however in this analysis they show the following :

LINK had stayed above the $19.2-support level ever since it saw a dip in prices in the month of May owing to the crypto-crash. At the time of writing, LINK found support at $17.04.

The Bollinger Bands remained divergent at press time, a finding that pointed to increased price volatility. As the alt’s price fell on 21 June, the Parabolic SAR highlighted the beginning of a downtrend and it continued to show the same at the time of writing.

Source: https://ambcrypto.com/bitcoin-litecoin-chainlink-price-analysis-22-june/

The best thing in this type of event is not to lose your calm, try to relax and wait, with despair and selling we will not achieve anything but lose, for now it is better to wait.

[Chato1977]

LINK is a great investment of you're a long term holder and trader but in my honest opinion, the issue with link is that no exchange will give any staking profit for link. Either you have to put them on a liquidity pool or lend them somewhere which have their own disadvantages.

Well maybe in the near future there will be right? almost every platform has staking features so what more that LINK is one of the fastest rising now?
and besides Link is just a starter maybe there are lot things they are progressing up to now.

I think chainlink is a very good investment for the long term, because this altcoin has very good prospects, its movement is increasing day by day, and this is an opportunity to buy chainlink because the price is going down due to the chaotic market situation,

is this the movement that increasing daily? https://coinmarketcap.com/currencies/chainlink/

[LUCKMCFLY]

LINK is now showing its profits to those who trusted their investment, many had bought in the DIP and others only sold due to the panic that BTC showed by falling, although they still remain that predictions that BTC will reach $ 20k, LINK for its Part is entering a slight Bullish tendency:

The mouth of the Bollinger Bands expanded on June 22 and since then, price volatility could be spotted on the chart. At press time, the indicator highlighted the likelihood of further price fluctuations.

Finally, the Parabolic SAR had just begun to show signs of an uptrend as the dotted lines were seen below the candlesticks.

Source: https://ambcrypto.com/bitcoin-uniswap-and-chainlink-price-analysis-23-june/

Hopefully this recovery is sustained and for quite some time, it is already necessary good news for the Alts, especially that it has a lot of community.

[elisabetheva]

their slogan is Chainlink provides the largest collection of decentralized services powering the world’s hybrid smart contracts.
I think Chainlink is a good altcoin because the team's performance continues to be active and the price is proven to continue to rise, I once invested about $150 when it was $2, and I sold everything a year ago for $8 or up 4x in a year

you are one of the very lucky ones to be able to make profits that maybe not everyone can experience it. it is true that chainlink from the start was very surprising because it immediately entered the ranks of the best because its value continued to increase and rarely experienced drastic declines. but right now all is in the red because of the bitcoin effect only.

i once read a link if chainlink team has a goal will make chainlink more useful in future for better use of crypto. maybe this is the underlying factor if the chainlink seems to continue to experience spikes and increases even though slowly but the increase is sure and consistent

but we hope that chainlink will continue to be consistent, because the price it maintains can always be quite good. although it is now impossible to avoid the fact that everything is indeed red. but the current price of chailink is quite good because it has never experienced a drop in price when it was just present on the stock market, this indicates that their management team is right to keep it from falling too far.

[Woodie]

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.

If you use the basic checks to weigh in on whether project is good or not,I would tell you chainlink passes with flying colors.

These guys have a great team, coin has real use and not a mere speculative one like most, listed on big exchanges which is another score and liquidity isn't a problem....honestly what don't they have

IMO project is worth investing into, just remember to do you due diligence if you decide to jump on the chainlink boat.

[Inspiron14]

try to see the price increase from LINK since 2018, of course LINK is one of the crypto assets with very good opportunities in the future,
yes investing in LINK I highly recommend it, especially now that the price is down from $50 to $20, a deep decline occurs in this cycle,
and if the bulls still continue of course a good opportunity to buy LINK at a low price

[leea-1334]

LINK is now showing its profits to those who trusted their investment, many had bought in the DIP and others only sold due to the panic that BTC showed by falling, although they still remain that predictions that BTC will reach $ 20k, LINK for its Part is entering a slight Bullish tendency:

For now anyway,,, but kudos to all of you who got in early on defi and all these smart contract oracles. I still did not budge from my positions but I may at some point look at some of these coins IF I can find a use for them personally. Because I still refuse to buy a coin I cannot use,,, as much as a hodler mentality I can have in general:)

[Mistafreeze]

Really it wouldn't be bad if investors  invest more in LINK cause the altcoin has really done well not finding the current states of the market. Since the ranging price of Bitcoin has really affected the market in general, LINK still have high probability of going upward without much slowdown once their is a good market condition. Maybe I still have to buy more of this coin without being greedy cause I can still believe their is more to the bullish move which is very sure.

[LUCKMCFLY]

LINK is still one of the most winning coins, for now it is still an excellent investment option, best of all, it still has a very good intention to continue going up:

Finally, the MACD and Signal lines underwent a bullish crossover on 24 June, pointing towards a market recovery for the alt. This could lead the asset to rally towards the $25.9-resistance if recoveries continue.

Source: https://ambcrypto.com/xrp-chainlink-vechain-price-analysis-25-june/

Like all ALTSs, as long as BTC continues to rally and if it goes into a bullish trend, all LINk bulls are going to keep putting in more money, because they will make an effort to pick up prices when BTC is over $ 60k, of course. It's all a matter of waiting, because a BTC trend change could invalidate all technical analysis.

[G-Money7777]

I enjoy me some Chainlink... definitely has some potential to do well throughout 2021

[lepbagong]

Really it wouldn't be bad if investors  invest more in LINK cause the altcoin has really done well not finding the current states of the market. Since the ranging price of Bitcoin has really affected the market in general, LINK still have high probability of going upward without much slowdown once their is a good market condition. Maybe I still have to buy more of this coin without being greedy cause I can still believe their is more to the bullish move which is very sure.

it must be admitted that what you say is something that should be appreciated so that it can be used as information that needs to be done. because investing in links is not bad, because from the beginning the emergence of links in the stock exchange market attracted many investors because they immediately entered the ranks of coins that were ranked very well, while indeed the price continued to increase at that time.
although now bitcoin is experiencing a very deep correction but the link still does not fall to the price when it enters the stock market, but the price is still above a stable price.