When viewed from the current price, Links are very risky to be used as a long-term investment,
Link prices have reached an all time high this year, you have to wait at the base price again,
especially now Bitcoin is still in a downtrend
Topic: Is Chainlink (LINK) a good investment? - page 10. (Read 6818 times)
LINK has been taking serious beatings since its $20 high in july-august. At the current price of $8, Its a good bargain. The best bet now would be to ladder buy at these prices and hold long term. One thing is certain. Link will rise when the market recovers.
Yes, LINK, is a good short to long term hold.
The total supply is under one billion & I see that
as being a positive.
I see LINK moving towards .0005 btc..
The total supply is under one billion & I see that
as being a positive.
I see LINK moving towards .0005 btc..
In the past 3 months Chainlink shown a growth of 111% but right now it seems growth is over and the price is falling further. Will Chainlink recover again and remain it´s possition of one of the most profitable coins in the top 10?
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
Absolutely right, very reasonable price to get entry! This is where I consider LINK as small setback before major comeback. Market structure is still pretty bearish at this moment. Hope LINK stick the position tight, which could indicate a reversal.
So I actually almost got tempted by $10 LINK to be honest, especially since not so long ago it was $17 and the whole crypto market is probably still waiting for a couple more of pushes thanks to Defi bubble for sure growing a few more times.
Then I read all the comments like this and realize, do I want to give myself that headache after staying away for 2 years?
Timothy Peterson, CAIA Manager @ Cane Island Alternative Advisors (https://www.cane-island.digital/) , predicts Chainlink will exhibit early Bitcoin returns of 300 – 400% per year:
https://en.ethereumworldnews.com/crypto-analyst-chainlinks-annual-returns-could-mimic-an-early-btc/
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
Absolutely right, very reasonable price to get entry! This is where I consider LINK as small setback before major comeback. Market structure is still pretty bearish at this moment. Hope LINK stick the position tight, which could indicate a reversal.
So I actually almost got tempted by $10 LINK to be honest, especially since not so long ago it was $17 and the whole crypto market is probably still waiting for a couple more of pushes thanks to Defi bubble for sure growing a few more times.
Then I read all the comments like this and realize, do I want to give myself that headache after staying away for 2 years?
of course I wouldn't doubt it now, because there are so many projects that chainlink has partnered with.
You can just ignore it now and start paying attention when the price is over 20 $, and then other people will ask if chainlink is a good project to invest in.
maybe someone else will answer the same question at a later time.
You can just ignore it now and start paying attention when the price is over 20 $, and then other people will ask if chainlink is a good project to invest in.
maybe someone else will answer the same question at a later time.
They have made significant gains over the past months and have top coinmarketcap 20 top list I think it will grow but with the current market you can't tell those sort of things
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
Absolutely right, very reasonable price to get entry! This is where I consider LINK as small setback before major comeback. Market structure is still pretty bearish at this moment. Hope LINK stick the position tight, which could indicate a reversal.
In my opinion, Chainlink is the best DeFi project in 2020, of course it is very good as an investment. Moreover, the price of Chainlink is
dropping to a price of $ 10 after it managed to go up to an all time high price. So now is the best time to buy Chainlink, don't delay
buying Chainlink, those you will regret it if the Chainlink price has gone up. I predict that by the end of this year Chainlink will be able
to go up to $ 25. So don't hesitate to buy Chainlink, because Chainlink's performance is very good this year.
dropping to a price of $ 10 after it managed to go up to an all time high price. So now is the best time to buy Chainlink, don't delay
buying Chainlink, those you will regret it if the Chainlink price has gone up. I predict that by the end of this year Chainlink will be able
to go up to $ 25. So don't hesitate to buy Chainlink, because Chainlink's performance is very good this year.
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
Chainlink is always a good investment (like BAND) because the project is amazin, in my humble opinion.
Don't take my word for it, do your proper research about it!
I have them but I don't sell them (I not increase them for now)..
Enjoy
and take care 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
Yes chainlink is a good investment and i saw someone who bought huge amount of chainlink because she knew it will rise up anytime soon as i remember she bought 100k of link coins. 
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
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 greatbecause the movement is quite fast in the market price chainlink down now natural because market conditions are bad and all coins are also down
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.
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
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.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/
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.
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.
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.
chainlink is now one of the favorite coins. high price, high potential upside. this is one of the best coin choices today besides ethereum
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/
https://crypto-economy.com/how-oracles-helped-defi-boom/
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