/biz/ - Business & Finance

>>13950338
> bullish scenario for LINK short term?

fundamentally, currently, a bullish scenario i can see is natural growth. which is entirely possible. its been growing naturally for about a year, the most recent pump and dump was the only unnatural growth scenario because of the mainnet announcement at consensus, which would pump almost anything in crypto.

if you look at LINK last summer it went on a 6 month run where there was a lot of stability and growth, then more growth and stability through the winter.
BUT you have to realize that we're way fucking early and this tech is only just barely being fleshed out. you bought chainlink when it was still being developed, so there are risks involved in that. and this type of technology has had some uber autistic and smart people developing it for decades, smart contracts were outlined decades ago. the term "smart contract" was coined in the fucking 90s and they're only now coming into vogue.


this is the decade where they will actually become useful, chainlink might be the missing piece of the puzzle. but we're still a few years off man. divorce yourself from the emotion of seeing it go up or down. if it goes up, you can be happy its fun seeing something you bought increase in value. but if it goes down, and you really think LINK will see long term growth, buy some more. thats my strategy. and if it doesn't work out? you can learn a lot along the way so you can rationalize the thought of getting financially JUST'd as a life lesson. of picking out investments better, of not spending too much money on something you would like to invest in, on learning how emerging financial markets work, learning about technology, learning how to research topics.