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Topic: Is Chainlink (LINK) a good investment? (Read 6951 times)

legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
July 13, 2021, 06:26:10 AM
For new people who are hearing of LINK and want to become invested in it here is a good guide to begin with.

https://www.nj.com/business/2021/07/chainlink-crypto-how-to-buy-price-what-it-is.html
sr. member
Activity: 811
Merit: 250
October 20, 2021, 11:58:14 AM
In my opinion, chainlink is one of the altcoins that has very good potential and prospects, of course it is very appropriate to be a long-term investment, because this altcoin is able to survive and develop well, a few months ago LINK managed to make its ATH of $ 52, although it had dropped  under $20, but since link is a decentralized altcoin the price is currently back up to $27, if you look at its development I believe LINK will be able to create a new ATH next year,
If you only look at coins that have resilience and can develop very well, then the choices can be very large and not only Link will fall into this category, because with ATH at $52 and falling below $20, this indicates that resilience is still not so powerful and repairs in just a few bucks and even then it's still half the ATH price Link has ever achieved.
full member
Activity: 1025
Merit: 100
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October 20, 2021, 11:08:45 AM
In my opinion, chainlink is one of the altcoins that has very good potential and prospects, of course it is very appropriate to be a long-term investment, because this altcoin is able to survive and develop well, a few months ago LINK managed to make its ATH of $ 52, although it had dropped  under $20, but since link is a decentralized altcoin the price is currently back up to $27, if you look at its development I believe LINK will be able to create a new ATH next year,
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
October 19, 2021, 05:11:30 PM
I would like to refloat this thread, because after reading this article certain emotions may move in some and allow a favorable movement to occur for LINK investors, some intuit that there may be a bullish movement, also the market is in these moments about to explode, it is very likely to happen, however it is always good to take precautions:



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The behavior of whales buying into LINK supports the bullish outlook. Data from on-chain analytics platform Santiment shows that the buying pressure behind Chainlink has dramatically increased in the last few months, with addresses holding between 1 million and 10 million LINK now holding 167.7 million tokens.
Source: https://cryptobriefing.com/chainlink-looks-ready-start-new-bull-rally/?utm_source=main_feed&utm_medium=rss

Well seeing this analysis in all its glory, but LINK is taking a good path towards the bullish trend, if BTC rises more it could give pleasant surprises for its investors, everything is a matter of waiting.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
Now UNI has a very good demand, in fact the buyers are putting a lot of pressure, although now the bears are losing strength for UNI, I think that BTC will continue to grow in price, if so, good things will continue to come for UNI investors:


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The 20-day EMA has started to turn up and the RSI has risen above 56, indicating that buyers have the upper hand. There is a minor resistance at $25 but if this level is crossed, the UNI/USDT pair may rise to $27 and then $30.
Source: https://cointelegraph.com/news/price-analysis-7-7-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-sol

At this time, many are already enjoying gains from UNI, in addition there is a green candle on the chart, which means that it may continue to rise, the bulls of UNI are in full swing, their strategy is working very well .
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
Well, this update is something important, because it is clear that the price of UNI has been in a great rise, many people who have bought in the midst of all this uncertainty, perhaps the price of UNI is something attractive for a lot, a bullish movement may be brewing for this coin and that is why it is growing so much:


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Buying pressure in the market increased considerably as per the Relative Strength Index. At press time, the crypto-asset was overbought, but a slight decrease in buyers was seen too. In correspondence with the same, the Chaikin Money Flow also registered a slight fall in capital inflows.

The Parabolic SAR underlined that an uptrend was still in play as the dotted markers were found well under the price candles.

If BTC continues to rise, I believe that UNI could be a bomb currency in the market, the bulls are determined to take this currency to the top, apparently the price of BTC is not important to them much, in any way it is my perspective, only it I see from the most optimistic point of view of the market.
sr. member
Activity: 1876
Merit: 318
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.

Agree that LINK is a good token for the long term, as investors we have to wait patiently, I bought LINK in January at a price of $ 13 and panic sell because the price skyrocketed to $ 35 in April and I got profit almost 3x, and a few days ago bought at that price $22, still a loss because the current price is $19, hope LINK rise again.

Two months ago LINK managed to reach the ATH price of $52, this is a great achievement for LINK. Although now the price of LINK has dropped
drastically to the price of $ 18, but I am still optimistic that LINK will recover again. But we really have to be patient waiting for the LINK price
to go up, because as usual the price of altcoins will go up if the Bitcoin price goes up. So to wait for the LINK price to go up, we have to wait for
the Bitcoin price to go up first. So for those of you who have bought LINK at a price of $ 22, there is no need to panic and sell the LINK you have.
Just HODL the LINK you have, definitely before the end of the year I'm optimistic that LINK can return to the price of $ 52 again.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
LINK has had very good news for its fans and investors, it has risen more than 6.5%, which is not bad at all, it is necessary to point out that those who bought in the dip did not do it bad at all, it is expected that it can recover its price from $ 22:


Quote
Chainlink too has moved sideways for a while now. The altcoin, however, was up by 6.5% over the last 24 hours. Despite moving laterally, the digital asset hit a new weekly high of $19.68 at press time. The 4-hour trading chart revealed that the coin might just be on the verge of an upswing as it can soon break past its $22 resistance level.
Source: https://ambcrypto.com/ethereum-polkadot-chainlink-price-analysis-06-july/

LINK investors expect another great movement of this style, some are buying for now, it all depends on the movement of BTC, if everything goes well LINK will start to shine more.
sr. member
Activity: 1428
Merit: 252
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.

Agree that LINK is a good token for the long term, as investors we have to wait patiently, I bought LINK in January at a price of $ 13 and panic sell because the price skyrocketed to $ 35 in April and I got profit almost 3x, and a few days ago bought at that price $22, still a loss because the current price is $19, hope LINK rise again.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
The behavior of LINK is very similar to that of XRP, it has not had much movement, in fact it has been behaving very laterally, but based on LINK has a large community it is likely that at any time the bulls decide to give pleasant surprises for the currency :


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Chainlink (LINK) is trading similarly to Litecoin (LTC) as it is also located in the sideways range. At the moment, the altcoin is closer to the support zone than to the resistance which means that its breakout can lead to a sharp decline to $14
Source: https://u.today/btc-xrp-ltc-link-and-xlm-price-analysis-for-july-5

LINK represents one of the best currencies for investment at the moment, it is necessary to emphasize that the probable intention of a price subri still remains, and it is most likely that it will occur in the medium term.
sr. member
Activity: 1414
Merit: 326
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,
It is better to hold on for a long time but there is no guarantee of how much it will go up. The market is down a lot now altcoins are cheaper you have to invest by looking at the exact situation of the market.
full member
Activity: 2268
Merit: 121
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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.
copper member
Activity: 177
Merit: 2
I enjoy me some Chainlink... definitely has some potential to do well throughout 2021
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
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:


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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.
sr. member
Activity: 897
Merit: 284
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.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
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:)
full member
Activity: 1064
Merit: 101
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
hero member
Activity: 1834
Merit: 879
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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 Huh

IMO project is worth investing into, just remember to do you due diligence if you decide to jump on the chainlink boat.
full member
Activity: 1708
Merit: 105
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.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
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:


Quote
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.
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