is running a chainlink node profitable sitelink com chainlink price prediction end of 2021 WHY CHAINLINK IS A TOP CRYPTOCURRENCY PRICE PREDICTION 2021 GET RICH WITH CRYPTO
why chain link is a top cryptocurrency lets discuss it its 2021 and the ball run is really getting underway now all-time highs are being set all over the crypto space for basically every coin especially in the past week or so massive bullish news for the crypto space was just released about paypal allowing us users to use their crypto for settling payments on their network and this will likely be the piece of news that pushes the crypto space out of its recent consolidation period once bitcoin breaks its all-time high which seems very likely in the next few weeks the whole space is likely going to pump again as a result and chain link is due for a breakout from its current ranging motion for the past few months the entire crypto market hit an all-time high in the past few days of 1.95 trillion dollars and is likely to continue to run up as the bull market develops which will most likely be for around the next six months or so according to market analysis the ball run could end in around september october time where massive fomo and a run-up in euphoric price action will trigger a pullback that the market doesnt recover from net unrealized profit and loss charts indicate that we may not have hit euphoria in the bull market yet but once we do its usually a good sign to start taking profits its likely the crypto market cycles will be respected this time around but due to institutional investment a bitcoin super cycle could happen where prices run up for a few years from here in either instance its important to remember that smart investors will take profits on the way up and on the way down as prices start to go nuclear because its likely in the crypto space that all gains can be wiped out in a matter of days or even hours chain looks set to continue to benefit from amazing price action this ball run and in this video well discuss exactly why we believe that chain link is a top cryptocurrency make sure to watch the video till the end for all the essential information this is not financial advice and its for entertainment purposes only we always stress that you do your own due diligence please like and subscribe for daily videos and hit the bell icon to turn on all notifications youtube does gatekeep some cryptocurrency content so to get access to all this time sensitive information immediately make sure to turn on all notifications if youd like to support the channel more directly you can sign up to our patreon by the link in the description below where you can get access to our private discord welcome to crypto maximalist lets begin chain link investors are likely not too happy with the recent price action of chain link as its been ranging for around the 30 mark for a few months now since a very nice 4x in price in december from around 10 to nearly 40 before a correction into the 30 range chain link has not really been moving up in the market this has left many investors wondering exactly whats going on with chain link since they are releasing bullish news all the time including more and more partnerships with more cryptocurrencies using their technology along with banks claiming theyll use chain link oracles for their own stable coins the most likely reason that can be deduced is changlings close affiliation with ethereum as the project has initially been built and released on the protocol ethereum has been currently suffering heavily from massive issues with its network and due to its older generation 2 technology its still running a proof-of-work ecosystem meaning that eth is mined and the network is secured by miners this older way of working is much slower and doesnt provide the scalability or robust network that would allow ethereum to scale effectively in the future and were currently seeing the results of that recently ethereum is quite literally suffering from its own success with the massive amount of new users onboarded recently from the ball run as a result transaction times and fees on the platform have soared with some being as high as 100 per transaction with that being roughly 100x as much as some of its recent competitors such as binance smartchain a binance fork of the ethereum network ethereum is planning on upgrading and releasing its ethereum 2.0 upgrade complete with proof of stake technology to introduce sharding and fix all the issues surrounding its network currently but the time frame for this is still vague as a result it seems that chain link is also suffering due to its heavy affiliation with ethereum in the past few years now and this is evident in the price action in the past two or so months this also seems to be apparent for cardano and polkadot as well most of the top smart contract platforms along with chain link seem to be suppressed and raging ever since january when the problems for ethereum started to come to light so its clear theres some correlation between these projects however despite the recurrent ranging motion of chain link theres no denying that its a true blue chipper in the cryptocurrency ecosystem and it seems incredibly likely that before the end of the ball run its going to have a massive pump that will bring it in line with the expectations of so many investors when you look at the sheer amount of utility and value that chain link is providing its extended ecosystem of partners in integrations its amazing how it hasnt been pumping massively considering the recent explosion of defy decentralized finance burst onto the scene in the summer of 2020 and has recently seen another resurgence due to the release of binary smart chain and the massive amount of projects being built on it due to its incredible lack of congestion compared to the current state of ethereum d5 encompasses all manner of utility for users including decentralized exchanges stable coins loans and lending schemes yield farming and loads more the sheer amount of utility that d5 is providing is changing the cryptocurrency space rapidly and its largely due to chain-links oracle technology chaining has well over 300 partners in integrations with most of them coming from the d5 space and as d5 continues to boom in the future which seems incredibly likely its very likely that chain link is also going to benefit as a result of that success d5 is one of the futures of cryptocurrency technology and is likely destined to eat a large portion of the current world finance system in the next five to ten years if cryptocurrency receives the kind of adoption that were all expecting if thats the case then these projects will need to increase their bags of chain link to continue to receive the benefits of their technology which will in turn benefit investors in chain link if d5 is the gold mine then chain link is the company selling the shovels as without them the d5 space in its current form would likely not much exist at all the reason is because of chain links oracle technology which allows for the tracking of real-world data feeds chain link is one of the first cryptocurrencies to be created and has been in the top 10 of cryptocurrencies for most of its lifecycles so far chain link is fairly unique in the cryptocurrency space because instead of trying to create their own platform their focus is integration and being the middleman their oracle technology allows for data to be brought onto the blockchain and used for smart contract or any other utility to be provided some kind of use for adopters natively blockchains are closed off from outside data or interference which is what makes them so secure however a problem arises when you want outside data on the blockchain to be used for non-nefarious purposes and this is where chain link comes in chain link can provide a data feed for any wider world activities such as the stock of cryptocurrency markets the results of sports matches or betting or the lottery when you think about the sheer amount of data in the world and then consider how it could all be used in the blockchain setting the amount of utility and potential provided starts to look truly enormous whilst the price of chain links seems to be currently ranging and may continue to do so in the short term its unlikely that in the longer term especially towards the end of the bull run that it wont receive a massive pump due to the sheer amount of capital flowing into the space with a price of around 30 currently many smart investors may consider this a good opportunity to accumulate more link during a period where it hasnt pumped as one of the worst things investors can do is chase assets that have already pumped hundreds of percent its very likely in this instance to buy the top of a run and then be left exposed to a correction but if investors accumulate over time in a ranging area of a top quality project that they believe in they take a lot of the risk away from investing especially in holding for the long term chain link is a blue chip crypto that could easily be top three project in the future when you look at how much its protocol is already providing to the cryptocurrency ecosystem when you look at the sheer amount of use case and adoption that chainlink has its one of the strongest cryptos in the whole space in these regards the price currently does not seem to match the amount of adoption its getting by other projects and this could be a buy signal to investors considering moving into chain link when you take a look at all of this its easy to see why chain link is likely going to be a top cryptocurrency in the future depending on the time horizon chain then could provide one of the best investments in a cryptocurrency portfolio in the short term its likely that chain link could continue to range for some time until ethereum receives more bullish news or the whole cryptocurrency space as a whole receives a massive pump it seems as though link is currently facing issues with gaining momentum in the past month but once it breaks its all-time high we could see a two to three x in short order to around a hundred dollars in the next month or so towards the end of the ball run in the next six months or so it seems likely that a project as good as chain it will see a massive appreciation especially with the pump mentals of the bull run to consider its easy to forget how outrageous and parabolic the price action near the end of bull runs is and chain link could easily double in price in the last week or so as things reach a climax if chain link has moved to 300 to 400 by then it could easily break well over 1 000 in the market and continue further depending on how it runs this year conservatively its easy to predict that chaining could reach four to five hundred dollars per link this year with the current price problems with price action were seeing which would be around 15x from the current price however if chainlin gains momentum and starts to run as the ball run continues link at the current price of 30 could easily be an amazing buy for investors long term considering the sheer network chain link is creating its hard to disagree that cheney will be a top cryptocurrency in the future so what are your thoughts on chain link do you like the project and what is your price prediction for them in 2021 and beyond let us know your thoughts in the comments down below as wed be interested to hear your ideas about the price action of chain link in the future if youd like to support the channel more directly you can sign up to our patreon via the link in the description below where you can get access to our private discord currently only 20 of viewers are subbed and wed love to see our community grow more so please hit the big red button please like and subscribe we are crypto maximalists you Support Via Patreon: Sign up to Coinbase to receive free Bitcoin: Sign up for Koinly to sort your taxes: Sign up for Blockfi to receive free Bitcoin: Follow Crypto Maximalist on Twitter: Follow Crypto Maximalist On Instagram: A N Y T H I N G T O A D D ? Got a question? Write a comment down below and start a discussion. W A N T T O S E E M O R E ? Subscribe To The Channel! Make sure to hit the bell icon and turn on all notifications. ---------------------------------------------------------------------------------------------------------------------------------------- Why Chainlink is a top cryptocurrency, let’s discuss it. It’s 2021 and the bull run is really getting under way now. All-time highs are being set constantly all over the Cryptospace for basically all coins, especially in the past week or so. Massively bullish news for the crypto space was just released about PayPal allowing US users to use their crypto for settling payments on their network, and this will likely be the piece of news that pushes the crypto space out of it’s recent consolidation period. Once Bitcoin breaks it’s all time, which seems very likely in the next few weeks, the whole space is likely going to pump again as a result, and Chainlink is due for a breakout from it’s current ranging motion for the past few months. The entire crypto market hit an all-time high in the past few days of 1.85 trillion dollars, and is likely to continue to run up as the bull market continues, which will most likely be for the next 6 months or so. According to market analysis the bull run could end in around September/October time, where a massive fomo and run up in euphoric price action will trigger pull back that the market doesn’t recover from. Net unrealised profit and loss charts indicate that we have hit euphoria in the bull run yet, but once we do it’s usually a good sign to start taking profits. It’s likely that the crypto market cycles will be respected this time around, but due to institutional investment, a Bitcoin super cycle could happen where prices run up for a few years from here. In either instance, it’s important to remember that smart investors will be taking profits on the way up and on the way down as prices start to go nuclear, because it’s likely in the Cryptospace that all gains can be wiped out in a matter of days or even hours. Chainlink looks set to continue to benefit from amazing price action this bull run, and in this video, we’ll discuss exactly why we believe that Chainlink is a top cryptocurrency. Make sure to watch the video till the end for all the essential information. This is not financial advice and is for entertainment purposes only. We always stress that you do your own due diligence. Please Like and Subscribe for daily videos; and hit the bell icon and turn on all notifications. YouTube does gatekeep some cryptocurrency content so to get access to this time sensitive information immediately, make sure to turn on all notifications. If you’d like to support the channel more directly, you can sign up to our Patreon via the link in the description below, where you can get access to our private Discord. Welcome to Crypto Maximalist, let’s begin. DISCLAIMER: I am not a financial advisor, nor is any of the content in the video financial advise. These are simply opinions and should be in no way construed as personal advise on investment. This channel is for entertainment purposes only and you should always do your own research before investing. Bitcoin Ethereum Crypto Cryptocurrency BullMarket Cryptocurrency,Ethereum,Crypto,
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