ChainLink - Sell or Hold for some more time? - page 5.

shadowduck

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Quote from: BuNga_cute on August 31, 2020, 06:58:47 PM

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

DU18

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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.

blockman

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Quote from: blockman on August 30, 2020, 01:02:27 AM

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.

Fredomago

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Quote from: Anonylz on August 31, 2020, 11:38:07 PM

Quote from: GeorgiaCoin on July 09, 2020, 04:05:30 PM

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.

lienfaye

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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.

X-ray

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Quote from: kopijos on August 28, 2020, 05:44:10 PM

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.

Anonylz

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Quote from: GeorgiaCoin on July 09, 2020, 04:05:30 PM

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

deathcode

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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.

BuNga_cute

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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.

AmoreJaz

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Quote from: BChydro on August 31, 2020, 05:21:20 PM

Quote from: kopijos on August 28, 2020, 05:44:10 PM

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

BChydro

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Quote from: kopijos on August 28, 2020, 05:44:10 PM

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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Quote from: Dollar_Hunter on August 31, 2020, 12:47:03 PM

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.

Dollar_Hunter

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Quote from: Iyeman on August 31, 2020, 09:09:21 AM

Quote from: kopijos on August 28, 2020, 05:44:10 PM

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

Iyeman

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Quote from: kopijos on August 28, 2020, 05:44:10 PM

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.

blockman

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Quote from: kopijos on August 28, 2020, 05:44:10 PM

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

Very good advice. The obvious thing with USDT is there's no fluctuation and volatility on it, this is just the same as holding cash and you're right telling it that there's no risk in it. Also your advice of not holding for too long depends to the investors or holders of LINK. As we discuss, LINK is doing very well and it's going to be hard for them to dispose it as soon as they can. It is starting to move upwards again.

cryptonx

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After an extended period of consolidation, Chainlink’s price is finally breaking out as it begins navigating back up towards its all-time highs.
This intense momentum that has guided it higher today came about as a result of its bulls shattering the resistance it was previously facing around $16.00, with the break above this level also marking an end to its range-bound trading phase.
read the full analysis here https://www.newsbtc.com/2020/08/29/analysts-flip-bullish-on-chainlink-after-breaking-above-critical-resistance

TGD

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Quote from: kopijos on August 28, 2020, 05:44:10 PM

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

Not all is able to monitor the market 24/7 and we know for a fact that crypto is too volatile that in span of minutes or hours the price can definitely goes high or down. The good thing about Link is that it is partnered with many companies that supports them that can be a reason for them to still do good updates or program that can lift their price if ever they fall. As an investor or for holders it is good to hold, but if you bought if before or last year with a lower price then it's better to take profit now, it will depend when you started buying.

onecall123

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Quote from: kopijos on August 28, 2020, 05:44:10 PM

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

Never buy big green candles, always buy over several times. Learn technical analysis and risk management. It help you make and save money. Buy things that are bottomed out with good fundamentals, sometime it's more beneficiary to hold potential altcoins. Honestly, It's up to you on which altcoins you wanna invest.

kopijos

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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

whyrqa

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Quote from: rizkyalhabsy on August 27, 2020, 05:56:33 PM

take advantage and don't be greedy cryptocurrency is very cruel but chainlink is very amazing the price will seem like it will go up in the future
HODL

I believe that the presence of such partners as SWIFT, Oracle, Gartner, Intel, HyperLedger, EntETHAlliance is already a certain guarantee of great prospects for ChainLink due to the general assistance of companies in adapting blockchain technology to the corporate sector.

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