Is Chainlink (LINK) a good investment? - page 4.

velive08

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Quote from: mich on March 19, 2021, 03:06:39 AM

It was a rough last month for LINK after seeing all time highs of $37 back on February 20.

Here this Bullish article explains signals showing price strengths- https://cointelegraph.com/news/3-key-chainlink-price-metrics-signal-link-is-gathering-strength

Even for now the price of chainlink is only around $ 32 it's a drop of $ 5 and to pump back to $ 5 I think chainlink has to go through a lot of hurdles and hard pump like a few months ago

LUCKMCFLY

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Apparently bullish omens are seen for LINK, at the moment the Bitcoin market is falling, but it is falling in a suspicious way, seeing the market some altcoins are beginning to rise, this means that there is a possibility that investors are sheltering Your money in LINK, because it is giving good news, is starting to go up:

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The marginally rising 20-day EMA and the relative strength index (RSI) above 57 indicate a minor advantage to the buyers. If the bulls can push and sustain the price above $40, the LINK/USDT pair could retest $44.33. A breakout of this resistance could start the next leg of the uptrend, which could reach $50 and then $55.72.

Source: https://cointelegraph.com/news/data-shows-traders-rushed-to-buy-altcoins-during-bitcoin-s-dip-to-50k

In view of this I think that it may already be a sign of starting an altcoin season, it is not confirmed but it is an assumption to see how the market is developing.

geegaw

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Quote from: manok jepang on April 21, 2021, 12:13:15 PM

I think the chainlink is a very good altcoin to invest in the long run because this altcoin has a very high potential, seen that currently the volume of the market analysis is showing very positive trades, so the opportunity to increases sales volume is higher. Again, I think this is a great opportunity to add chain links to your portfolio.

High potential is an experience of the past, the road to development is currently quite difficult due to new projects, besides, its potential seemed to have all been revealed in about two years ago, its current value has hurdles and little progress has been made but its strong nature can still be targeted for buying back after the market is dumped. Stable selection as a target will be very suitable for LINK but requires positive and quick profitability, other audiences will be worthy of an opportunity.

elisabetheva

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Quote from: Dhoe on April 21, 2021, 02:12:26 PM

Chainlink good as long term investment but if you have little budget you can use for short term, just take profit every day about 10% and buy back when bitcoin down. Depend how some one can control their emotion when hold coin, some time just hold few hour and price up sell but many investor hold few year to get much profit coin holding.

That's right, friend, we know that on the way, Chainlink never makes deep corrections, always if the correction is reasonable and can be taken again. the prospect is rather slow, it does not mean that it is not suitable for investment.
in the alt season situation all the best ranking altcoins will experience a sharp increase and it is not impossible that a renewable ATH will be created. it can and does chainlink, so don't lose that opportunity.

Dhoe

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Quote from: manok jepang on April 21, 2021, 12:13:15 PM

I think the chainlink is a very good altcoin to invest in the long run because this altcoin has a very high potential, seen that currently the volume of the market analysis is showing very positive trades, so the opportunity to increases sales volume is higher. Again, I think this is a great opportunity to add chain links to your portfolio.

Chainlink good as long term investment but if you have little budget you can use for short term, just take profit every day about 10% and buy back when bitcoin down. Depend how some one can control their emotion when hold coin, some time just hold few hour and price up sell but many investor hold few year to get much profit coin holding.

manok jepang

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I think the chainlink is a very good altcoin to invest in the long run because this altcoin has a very high potential, seen that currently the volume of the market analysis is showing very positive trades, so the opportunity to increases sales volume is higher. Again, I think this is a great opportunity to add chain links to your portfolio.

ElmedoRator

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Quote from: mich on April 21, 2021, 06:06:07 AM

Among the recent market crash this Bullish article believes that LINK could be the first coin to recover .

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-could-be-the-first-to-recover-amid-market-crash-202104201025

I feel that it is time for the demonstration from LINK to start, although it has grown so many times, but currently its position has not yet shown the value and potential that the project will bring. With LINK 2.0 coming soon, I think there will be more reasons to stimulate the price increase.

mich

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Among the recent market crash this Bullish article believes that LINK could be the first coin to recover .

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-could-be-the-first-to-recover-amid-market-crash-202104201025

LUCKMCFLY

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For now LINK has a laterality, it may be a good time to buy, even the Bitcoin market has not exploded as many expect, institutional investment has not made strong movements for the market to have a bullish rally. Most likely, some traders and investors are waiting for the ideal moment to make this move, when the price of Bitcoin begins to rise, LINK is likely to stagnate a bit, it is normal, some sell fast to buy Bitcoin and thus not lose the upward movement, then in the correction many see LINK favorably and begin to invest, they know that it can give a great profit.

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Despite the growth today, the mid-term picture is neither bullish nor bearish as the altcoin is now located in the sideways trend. In this regard, the more likely scenario is trading within the range of $40-$45.

Source: https://u.today/btc-eth-link-and-ada-price-analysis-for-april-17

Looking at the analysis to days, the volume profile shows a great trade in the range of $24- $28, it is difficult to make a short-term market speculation when Bitcoin is in correction, however the price of LINK remains in normal ranges and no of possible dumps.

elisabetheva

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Quote from: Zemomtum on April 11, 2021, 07:39:35 PM

LINK has been one of the reliable projects in the blockchain space and is being handled by a competent team. This is evident from their Git Hub activities and it is good for a long time play.

Since the first time it grew, the link was actually very good and did not show a very sharp correction and the price was always stable and indeed with less dynamic movements it was not very good to be used as day trading, but for very good investment.

with the attainment of ATH $ 44.15 - Apr 15, 2021, this indicates that investors have started to actively trade actively, it can be seen that the market cap has also increased. it is not impossible that it will continue to increase in the future so it is very good if you invest in the current link, remember there is still a long way to go to continue to increase.

mich

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In its new published White paper, LINK has plans to take over DEFI market with hybrid smart contracts

White paper- https://link.smartcontract.com/whitepaper

https://decrypt.co/66610/chainlink-2-0-a-plan-to-turn-defi-into-a-500-billion-industry

mich

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LINK is having troubles passing the $35 price point as it stands right now valued at close to $33.

Little to no resistance being shown in future- https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-prediction-link-approaches-make-or-break-point-202104120331

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LINK has been one of the reliable projects in the blockchain space and is being handled by a competent team. This is evident from their Git Hub activities and it is good for a long time play.

Om.monata

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Quote from: SJJoh on January 12, 2019, 03:37:51 PM

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.

for me to invest is not just enough to see the volume of trading and others. but confidence in a coin is also needed, so when you feel unsure about chainlink my advice is not to force it to be there or invest in chainlink because it will cause discomfort and loss for you

LUCKMCFLY

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Another great article dedicated to LINK:

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After being added to Grayscale’s fund, LINK’s price went up steadily, however, a boost from institutional demand may not be enough to boost the asset’s price. 93% HODLers are profitable before the asset takes a dip in the current cycle

Source: https://ambcrypto.com/has-the-rally-ended-for-altcoins-like-link-ada-and-npxs/

Given the rally that Bitcoin is having at the moment it is priced above $ 60k, some predict that LINK may drop a bit in price, but as we all know all altcoins are due to the movement of Bitcoin, this means that LINK It can go much higher, LINK Hodlers have a lot of faith that the market gives them this joy, it is very likely that some investors of Bitcoin, Ethereum will look to LINK for being well positioned and providing security to their investment.

mich

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Short term LINK hodlers have profited from this coin and the risk factor is much lower compared to other Alt coins.

https://ambcrypto.com/heres-why-its-worth-looking-at-chainlink-if-youre-a-retail-trader/

Om.monata

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if talking chainlink I would say chainlink is very good, but I think I have to be able to adjust the pattern to buy and sell because the price of chainlink is expensive nowadays. so we have to be good at processing our assets to get a profit from investing there

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Quote from: SUPERSAIAN on April 06, 2021, 02:47:08 PM

chainlink price performance is slightly behind when compared to other altcoins. Considering the price, I am thinking of making a purchase and adding it to my portfolio.

I hope the good news will come by chainlink

I agree with you that chainlink is actually very potential when it first appeared by going fast, but after that it seemed stagnant and it was hard to improve.
but this year there was a slight improvement when the febuary month chainlink could create ATH $ 36.95, but after that it's always hard to come back let alone to create renewable ATH.

It looks like chainlink is comfortable pricing in the $ 32- $ 35 range and is not trying to move beyond when forming its ATH. there must be a push from chainlink management so that there is movement to increase, because this year is the year of altcoins.
but I am optimistic that by the end of the year chainlink will be able to reach its highest ATH. we are waiting for the surprise.

mich

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Quote from: SUPERSAIAN on April 06, 2021, 02:47:08 PM

chainlink price performance is slightly behind when compared to other altcoins. Considering the price, I am thinking of making a purchase and adding it to my portfolio.

I hope the good news will come by chainlink

This is a good idea to buy LINK since I still think we will see Bullish momentum. LINK is up 20% this week with price point currently of $34.

https://www.newsbtc.com/news/how-chainlinks-link-15-rally-could-be-just-the-start/

SUPERSAIAN

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chainlink price performance is slightly behind when compared to other altcoins. Considering the price, I am thinking of making a purchase and adding it to my portfolio.

I hope the good news will come by chainlink

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