Is Chainlink (LINK) a good investment?

[mich]

Chainlink to Provide Data for Farming Insurance Startup Arbol

Data provider Chainlink will provide decentralized weather data for insurance startup Arbol, according to a blog shared with CoinDesk.

https://www.coindesk.com/chainlink-to-provide-data-for-farming-insurance-startup-arbol

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1713871814

[krisnajsadrak]

at this moment is yes, because chainlink now known as the best defi type project my friend
and all of us know if a huge hype coming to defi type project now

[GreenStox]

Chainlink is probably the most interesting altcoin right now, but the problem is that it is already overbought, 9000% return on investment, and more for early investors, that means, that you already missed it. Try to look for some competitors, for example, BAND protocol looks good.

in my opinion it can still increase even higher, if you look at the ROI eth has also increased by more than 9000%, from the ico price of 0.3 $, does eth have no chance to go higher than 421 $ at the current price, of course still can, considering the price of ATH reached 1300 $ at the end of 2017.

[onecall123]

at this moment is yes, because chainlink now known as the best defi type project my friend
and all of us know if a huge hype coming to defi type project now

Link is one of the most promising DeFi token which demand is so high. After this healthy correction $LINK will surpass $20 easily.

You know, we know LINK is the most important innovation, a huge hype token, this is exactly we always take profits.  

[Forsmagor]

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[Denongels]

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stay away because currently the trend is Dapps Gambling your site a little old and it looks like maybe a scam, oh yes for chainlinks in my opinion it is still worth investing in even though buying the link is a little late but I believe the link will come back to up, especially new Defi tokens using link as their concept and the funny thing is that defi token has been a bit successful for example slink(soft link), yfl (yf link).

[Om.monata]

chainlink has shown good strides in the market, chainlink increased its price to a position up above 50% this is an amazing achievement. chainlink will be a valuable coin if the current price can last a long time

[Sirait]

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.

@OP if you made the decision to buy Chainlink the first time you made this topic then you have already made a 5x profit.

Chainlink trade in the last 24 hours was very good and grew by 13%, most likely will make new ATH again in the near time.

[rendravolt]

chainlink has shown good strides in the market, chainlink increased its price to a position up above 50% this is an amazing achievement. chainlink will be a valuable coin if the current price can last a long time

Of course the Chainlink price will last a long time because the demand from everyone is very large for it. Chainlink investors and community are huge. Just wait a little longer for the next pump.

[Dessy88]

link is a good project so you can invest and other you can if you are smarter for trading in everyday making profits. I sold the link about 6 months ago and now at the current price i sold at a real loss. Many investors hold the chainlink strong because they know it is a really good currency whose development activities are multifaceted and their demand in the crypto market is huge.

[LazerPanther]

LINK has a lot of pump left, it will be going over $30 this week. #1 defi coin!

30$ is a very high price for LINK, it is possible to reach this price but I think we have to wait 1-2 years. Until now, the Link is still at 17 $ and can not continue to go up in the short term

[Tukimoki]

Oracle is the solution that helps smart contracts connect to external sources of data. It doesn’t matter which blockchain a DeFi runs on. It can access data from other blockchains and even off-chain sources using an oracle.

https://crypto-economy.com/how-oracles-helped-defi-boom/

[Kocret02]

chainlink is now one of the favorite coins. high price, high potential upside. this is one of the best coin choices today besides ethereum

[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.

all can just analyze with what can be done with careful calculations, because obviously investment is a value for money that is embedded there and we should not take the wrong step to determine it. But if you look at the movement of links from the start he started to enter the market at a price that is now not something that normal links have done, this is a very proud achievement.
and I do not hesitate to say that the link deserves to be reckoned with, even though at this time the link is down that it will be back triumphant again.

[Mulann2]

Yeah link now appear to be almost everyone's favourite but I think back in 2018 when it was first launched many people had their doubts about the project but now that price has really gone up very high, link is now the talk of the town, with the current price, i don't think it wise to still buy in, there are other defi project with equal potentials that are still cheap in price.

[Lanatsa]

These Factors Suggest Chainlink is About to Make a Massive Push Higher

Chainlink has been flashing some mixed signs to investors in recent weeks, with the cryptocurrency rallying as high as $18.00 earlier this week before plunging to lows of $15.00 earlier today.

https://www.newsbtc.com/2020/09/01/these-factors-suggest-chainlink-is-about-to-make-a-massive-push-higher/

And it goes down even further and as of this writing its already only $13 value. Sorry for those fellas who do bought on the peak and still believing that they can still extract some profits on here.

Is the FOMO already gone? Its no surprise nor something new because this is commonly happen on most projects on when the time hype time dies out then expect for another turn of events.

Good investment? If you do able to enter earlier and able to sell out on peak but for long term prospect? I dont consider this one.

[Tahid12]

Chainlink is doing well, currently it become one of few cryptocurrencies that consistently improving themselves even it try to defying gravity. I assume defi power are responsible behind the recent price rising cause defi project depend on oracles & Chainlink is often their go to. So It makes sense to select Chainlink for investment

[DU18]

Chainlink is doing well, currently it become one of few cryptocurrencies that consistently improving themselves even it try to defying gravity. I assume defi power are responsible behind the recent price rising cause defi project depend on oracles & Chainlink is often their go to. So It makes sense to select Chainlink for investment

Like you, I also think so because after the defi system was introduced it continued to drive up chain link prices in the market, and of course this was a pretty good effect on chain link price movements, but the rally will continue or not we don't know yet because usually the hype that occurs in Cryptocurrency does not last long / permanent so, it is very difficult to predict how the future price of chain link will be, but what is certain is that for now chain link is an alternative coin which is quite worthy of our investment in the short term.

[Masyudhi]

there is no doubt that chainlink is a great investment for long run. but for short term its not good. at coinmarketcap chainlink coin is number 8, and today price is $10.79 USD.I bought some Link at $12 and a few at $11 for long term hold. I will add more if it dump more and more. I am waiting for minimum $15 per chainlink. hope it will pump from here soon

chainlink had amaze everyone  where can enter as TOP coin for in future chainlink looks good and in the short term it will more be great
because the movement is quite fast in the market price chainlink down now natural because market conditions are bad and all coins are also down

[SlimShadyMmp]

Price is good enough for a buy now I think So basically if you can obtain some and hold I think you will have some moons I think around 15-16 will be a good sell since basically is now like $10