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Author Topic: ChainLink - Sell or Hold for some more time?  (Read 1061 times)
Dollar_Hunter
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August 31, 2020, 05:47:03 PM
 #81

do not hold too long, because it is risky. My advice is enough to hold because altcoins are very risky unless you hold USDT. so when the price goes up, immediately sell and when the price goes down you can hold
It's not too risky to hold this coin consider the big volume was also giving us a very big guarantee to make sure we can sell our token instantly. You cna't say if this coin is the same as USDT consider both were having different purpose. LINK is a good project to be owned as portfolio.
Link prices are too high to be used as a portfolio, but if you have bought LINK at a low price, it will benefit you and it seems that there will be no problem,
because you have made a lot of profit

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August 31, 2020, 07:21:05 PM
 #82

Link prices are too high to be used as a portfolio, but if you have bought LINK at a low price, it will benefit you and it seems that there will be no problem,
because you have made a lot of profit
In fact if indeed the OP dares to take risks getting bigger profits, there is nothing wrong with continuing to maintain / hold the Link for a little longer because I personally see that Link coin has the prospect of experiencing an increase in future prices, but still the OP must also continue to monitor current market price movements because there could be a sudden price rally so that the OP is ready to make the right decision, sell or not, of course, the absolute decision is in the hands of the OP at this time.


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August 31, 2020, 10:21:20 PM
 #83

do not hold too long, because it is risky. My advice is enough to hold because altcoins are very risky unless you hold USDT. so when the price goes up, immediately sell and when the price goes down you can hold
If you are not trusting the coin to begin with then what is the point in holding the coin when it goes down, first you need to trust the team and the project before investing your money, chainlink is getting some hype in terms of the market rally it had and had a small correction and i hope it will recover rather than dumping hard.

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August 31, 2020, 10:37:49 PM
 #84

do not hold too long, because it is risky. My advice is enough to hold because altcoins are very risky unless you hold USDT. so when the price goes up, immediately sell and when the price goes down you can hold
If you are not trusting the coin to begin with then what is the point in holding the coin when it goes down, first you need to trust the team and the project before investing your money, chainlink is getting some hype in terms of the market rally it had and had a small correction and i hope it will recover rather than dumping hard.

but as OP mentioned that if someone bought it at $1.5, (or maybe he's talking about himself here), and right now the price is at $16. that's a very huge profit over there. are you going to be greedy and lost your chance to earn a very decent income? it is up to you if can take the risk of losing some or earning more. maybe if i am the holder, i will sell some of my links that will get my profits many times over from my initial investments. and retain some if it will still continue to grow. at least i already have my profits and my initial investments when something goes sideways

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August 31, 2020, 11:58:47 PM
 #85

If you have bought Chainlink from the beginning of the year or bought Chainlink at a low price, immediately sell the Chainlink you have right now.
The high increase in LINK prices is enough to provide big profit if it is sold now, don't follow your greed, just keep on holding Chainlink that you have.
Later, if the LINK price continues to fall, you will definitely regret it.

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September 01, 2020, 04:18:58 AM
 #86

a great moment for LINK this year. I guess a little regret not selling in the pump yesterday before the correction occurred. but the current price isn't too bad either. I think the chainlink network is developing very well at the moment. hold it for now and wait for the pump moment again just might happen. the most important thing is to continue to see how this market moves and I think LINK will respond to the movement of BTC.

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Anonylz
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September 01, 2020, 04:38:07 AM
 #87

What do guys think of ChainLink's long term price prediction? Do you recommend, if someone bought it @ $1.5 better to sell and buy back at correction? Worried, What if there is no correction?

Just want to point out the unbelievable changes from the time this post was made to this very day, @op was worried about the price at that time (which is just few weeks back) which indicates Link was trading at $1.50, and now at this very moment Link is trading at $15 (crazy right!)
My point is, Crypto is fucking unpredictable  Wink

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X-ray
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September 01, 2020, 05:13:38 AM
 #88

do not hold too long, because it is risky. My advice is enough to hold because altcoins are very risky unless you hold USDT. so when the price goes up, immediately sell and when the price goes down you can hold
Holding LINK coin is the same like holding the crap coin. even if there was a small chance for us to gets dumped again but we must try to take a look at our early posiiton whether we are in a big profit or not.

It's not true that we must go out asap when we have been getting very nice profit but remember this is a promising coin.

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September 01, 2020, 05:51:39 AM
 #89

If you buy your Link at low price then sell it if you're already contented with the profit.

However if you can wait longer to reach your set price to sell then so be it. Just be prepared for not selling if the price is already acceptable.

Chainlink is a good project and there's more to look forward.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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September 01, 2020, 07:42:58 AM
 #90

What do guys think of ChainLink's long term price prediction? Do you recommend, if someone bought it @ $1.5 better to sell and buy back at correction? Worried, What if there is no correction?

Just want to point out the unbelievable changes from the time this post was made to this very day, @op was worried about the price at that time (which is just few weeks back) which indicates Link was trading at $1.50, and now at this very moment Link is trading at $15 (crazy right!)
My point is, Crypto is fucking unpredictable  Wink

It indeed unpredictable, and if he does bought this coin and play smartly then he really earned a lot.

Very hard though as the market always accompanied by risk and with that particular statement, he's worrying about corrections
and what if, hesitant to take the risk which is really part of this market, we need to handle our fear in order to maximize our compensations.


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blockman
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September 01, 2020, 05:35:33 PM
 #91


You are probably right. The price of Chainlink skyrocked this year with 706% but holding it is risky.
Risky in a manner if you have just hold or bought it. The old price of it 1-2 years ago was not that high. It didn't even reached $1 but due to the public demand and community's reaction on it, the demand started to increase which resulted to high prices.
If I'm part of those people who have held it during the low prices, I'd be happy to sell it and celebrate taking out the profits.

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September 03, 2020, 05:17:05 PM
 #92

The current development of chain link is quite positive so that it has a pretty good impact on chain link price movements going forward, especially according to the news circulating that chain link will soon tie their oracle (middleware in the form of a smart contract) to the Bitcoin Side chain SSR. And of course this will allow blockchain developers who support smart contracts to take advantage of data-feeds and other off-chain data to create applications, in my opinion this will certainly have a big impact on the movement of chain link price increases in the future, and it looks like now is the right time to save / hold the chain link to get a higher price in the future.

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September 03, 2020, 05:44:00 PM
 #93

If you have bought Chainlink from the beginning of the year or bought Chainlink at a low price, immediately sell the Chainlink you have right now.
The high increase in LINK prices is enough to provide big profit if it is sold now, don't follow your greed, just keep on holding Chainlink that you have.
Later, if the LINK price continues to fall, you will definitely regret it.

I'm sure that those people who bought this coin at the beginning of the year already sold it in the beginnig of August. no one expected such a strong growth. I think now we need to wait a little and buy it again in a few months

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September 03, 2020, 05:50:07 PM
 #94

OKay, i know you are the man buy Chainlink at $1.5, congratulation. Although i dont invest in this ChainLink, sad for i missed the Chinalink bus. But i must say, if i bought Chainlink at $1.5, i would definitely sell it now, forget about the correction, cash is the king.

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September 03, 2020, 06:08:32 PM
 #95

Of course they should sell it for a profit, but I don't think someone buys them for $ 1.5 and holds them for now. I bought LINK at $ 6 but were quick to sell it all when it went up to $ 7.5, I was too in a hurry to book my profits.

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September 03, 2020, 11:41:52 PM
 #96

How much more do you want from chainlink before you sell it and do you even look at the marketcap before thinking it will hit higher I mean Every coin has a certain limit when it comes to bull run It auto correct and then it moves again Thats how the market performs 90% of the time So if you have a tone of link sure Sell and then buy the dip not wait till is all over..1$ PROFIT take it and wait buy the dip That might work

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September 04, 2020, 11:10:01 AM
 #97

What do guys think of ChainLink's long term price prediction? Do you recommend, if someone bought it @ $1.5 better to sell and buy back at correction? Worried, What if there is no correction?
Yes you can sell it, sell them all because you already have 10 times more profit from it. Then re-invest in other cheap projects in this market. It will be the best investment option and will help you get more profits in the future

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September 04, 2020, 03:29:11 PM
 #98

What do guys think of ChainLink's long term price prediction? Do you recommend, if someone bought it @ $1.5 better to sell and buy back at correction? Worried, What if there is no correction?
Yes you can sell it, sell them all because you already have 10 times more profit from it. Then re-invest in other cheap projects in this market. It will be the best investment option and will help you get more profits in the future
do not think that LINK will not experience a correction, and now it is happening friends,
and you can see that LINK has been corrected deeply, I hope you have sold it at a high price

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September 06, 2020, 11:20:39 PM
 #99

Have you set the goal for ChainLink? Have the price meet your expectation based on your goal? Than sure it's the best time to actually sell it for safer choice, but if you have balls of steel and want to actually go beyond, you can actually hold for a little bit amount of time later. I would rather go with first method for safer method of course.

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September 07, 2020, 06:31:18 AM
 #100

Here is the thing. The people that bought at $1-2 or so most likely sold at $5 or $10 and are very happy with the profits. The people that bought at $10 or so, probably knew that there is no way it would make a 5-10x move because the market cap would be way too high and its not sustainable.

Since LINK is available on most exchanges and you can use margin, I think what most people did when it broke the $5 area is they bought it using leverage because they want to basically 10x their investment. So it rose healthy and pretty quick but its not normal for it too crash this much. You could tell the first few pullback were strong however when the selling accelerated and we dipped to the $10, look how large the bearish candles were. I think most of those was cascade upon cascade of liquidations from people who bought in too late.





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