Is Chainlink (LINK) a good investment?

[Smitty Werben Man Jensen]

Chainlink has provided huge profits to investors in the past year, and now prices are still fairly high, if you want to invest in Chainlink, of course the risk of  price reductions can happen, and indeed Chainlink is a good investment and a good project and it has passed, the risk is in your hands  

[mich]

ChainLink Price Analysis - On-chain metrics show a strong uptick in activity over the past several months

The Link market cap currently stands at US$1.44 billion, based on a 379 million circulating token supply, with US$244 million in trade volume over the past 24 hours. The current spot price is down 22% from the all-time high established earlier this year. Among the current top 20 coins by market cap, LINK was the best performer in USD markets during 2019.

https://bravenewcoin.com/insights/chainlink-price-analysis-on-chain-metrics-show-a-strong-uptick-in-activity

[FrozenBit]

Chainlink has provided huge profits to investors in the past year, and now prices are still fairly high, if you want to invest in Chainlink, of course the risk of  price reductions can happen, and indeed Chainlink is a good investment and a good project and it has passed, the risk is in your hands  

Yes, the price of Link has increased too much in 2019. So if we invest in it now, it will be very risky even though it is one of the leading altcoins in this market. I will invest in other altcoins to get better profits

[mich]

Chainlink may be on the cusp of a big movement as volatility levels plummet

It now appears that the crypto could be on the cusp of starting its next parabolic journey to fresh all-time highs, as one analyst is noting that its position within a long-established growth curve seems to point towards it seeing major near-term upside.

https://cryptoslate.com/chainlink-may-be-on-the-cusp-of-a-big-movement-as-volatility-levels-plummet/

[mich]

Crypto Price Oracles Are About to Become “Unstoppable”
https://vulcan.link/

Vulcan Link is placing Chainlink’s crypto price feeds on a ".crypto" domain. The domains are sold by Unstoppable Domains and reside on the Ethereum blockchain which should make them censorship-resistant.

https://cointelegraph.com/news/crypto-price-oracles-are-about-to-become-unstoppable

[aofiee]

obviously yes
bought at 3000sats in 2018
sold at 45000sats
but, where is the regret？
----------------------------
buy/sell link with the help of weekly chart will do some help

[veeman]

Is 100k sats possible any time soon. Looking at this. Sold prematurely which I am now regretting big time

[beveryu778]

Chainlink has provided huge profits to investors in the past year, and now prices are still fairly high, if you want to invest in Chainlink, of course the risk of  price reductions can happen, and indeed Chainlink is a good investment and a good project and it has passed, the risk is in your hands  

Yes, the price of Link has increased too much in 2019. So if we invest in it now, it will be very risky even though it is one of the leading altcoins in this market. I will invest in other altcoins to get better profits

Yes, aboslutely it has increased very well and it's going to do well in future as well, because it has great potential in it's growth. That's why investor are looking forward to making an investment in it to make real profit. That's the reason many investors has been showing their support towards the link.

[mich]

Top Crypto Chainlink to Go Into Price “Orbit” Should $4 Price Region Hold

Like Bitcoin and other crypto assets, Chainlink (LINK) has been on a remarkable rally since the lows. The leading cryptocurrency this week hit a high of $4.20 — up 170% from the lows of March 12th — per data from Tradingview.

https://www.newsbtc.com/2020/05/10/top-crypto-chainlink-go-into-price-trajectory-orbit-should-prices-hold/

[jahepahit]

as long as you follow the development of this Chainlink how ?? do you get confidence about this Chainlink ?? if you still haven't found it, maybe you'd better wait for the right time to do it, than you will feel a loss in the future

[mich]

Chainlink Brings Verifiable Randomness to Ethereum

“In blockchain gaming, the thesis is that my decentralized blockchain-based game will be something that's immune to the problems of centralized gaming. And the problems of centralized gaming is mainly focused around ideas that either the people who created the game, manipulated it to their benefit, or they devalued the goods in the game or they show they closed down or something.”

https://cointelegraph.com/news/chainlink-brings-verifiable-randomness-to-ethereum

[solomine]

Any coin can be in the green or red zone
But you must to look on ecosystem, not on the price only

[wxxyrqa]

It is very difficult to choose good cryptocurrencies for investment today, But if you analyze all the circumstances associated with a particular cryptocurrency, you can in a sense make a decision. If you look at the Linkchain indicators, then this coin last year showed almost 600% growth (0,32$-4,32$), and after a large-scale collapse of the cryptocurrency market, at first in 2020 Link rose again by 100% in price. such stunning indicators even exceed the growth rates of bitcoin prices. this way Link looks like a very profitable coin for investment. In addition, information is important that at the end of 2019, the chainlink project had more than 100 partners with whom the company entered into an agreement. but the most significant contract is a contract with google.

[Iyeman]

Is 100k sats possible any time soon. Looking at this. Sold prematurely which I am now regretting big time

It's not possible to be achieved by link consider that needs a lot of hype. Bitcoin is not yet entering the correction and there was a possibility for the price of link to be dumped a little bit.

I have sold my link at the last peak price and im still waiting for the correct time to enter the market.

[criket]

Is 100k sats possible any time soon. Looking at this. Sold prematurely which I am now regretting big time

It's not possible to be achieved by link consider that needs a lot of hype. Bitcoin is not yet entering the correction and there was a possibility for the price of link to be dumped a little bit.

I have sold my link at the last peak price and im still waiting for the correct time to enter the market.

You are lucky to have made the right decision to sell your coins at the highest price. LINK is a good coin I think buying it back is not a bad thing. trade is also quite high in the market. we must consider this asset.

[Fesatmas]

You are lucky to have made the right decision to sell your coins at the highest price. LINK is a good coin I think buying it back is not a bad thing. trade is also quite high in the market. we must consider this asset.

I have long considered this coin (LINK) is a coin that has a fairly high increase and where the bullrun comes they always have a strong spike but I only partially put assets in LINK.

[mich]

Chainlink Cryptocurrency on Verge of Rocketing Back to 2020’s Highs

Michael van de Poppe, a full-time trader based in Amsterdam, explained that Chainlink is sitting at a pivotal point in its trend that would likely determine where it is headed next. The decentralized oracle token is trading within a narrow range that is defined by the $3.40 support and the $3.75 resistance level.

https://www.newsbtc.com/2020/05/13/chainlink-cryptocurrency-on-verge-of-rocketing-back-to-2020s-highs/

[mich]

Klaytn Partners With Chainlink
https://www.klaytn.com/

Klaytn, the public blockchain project of Korea’s Internet giant Kakao, announced a partnership with Chainlink, the market-leading decentralized oracle.

https://www.aithority.com/news/klaytn-partners-with-chainlink/

[mich]

Chainlink Looks Ready to Retest All-Time Highs

Both technical and on-chain indexes are signaling that Chainlink may soon resume its uptrend.

https://cryptobriefing.com/chainlink-seems-ready-retest-all-time-highs/

[disconnectme]

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.