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[AudraMiller]

When I was researching on which cryptocurrency I should keep an eye on in the 2021 year, the one that was said to be the biggest to look out for was the chainlink (LINK) coin and this was said to be expected to have massive growth over the course of this year and it seems that this prediction was true. In a recent news article it seems that the whales in this cryptocurrency coin have purchased an astounding amount of just under 1.5 billion dollars in this coin. What are your thoughts on such a massive buy order?

 

[SCAMEXPOSER]

Lol, the market is revolving more than such influence, no one wants to get influenced and end of losing his or her funds. That's why it seems that Elon musk magic isn't working anymore around cryptocurrency.

People have lost funds in the past so the lessons has been learnt now so more holding now than panic sales which is the best decision.

 

[Mariappa45]

People have lost funds in the past so the lessons has been learnt now so more holding now than panic sales which is the best decision.

Yeah, cryptocurrency enthusiasts have lost whole lots of funds in the past and they aren't in such gamble losing unnecessarily, that's why their is more to holdl than doing panic sales.

 

[Brain]

They see that the coin have a lot of potential and that's why they are purchasing ,I am not really too suprise about the increase the coin have been promising from the start

People don't joke with coins with potential, promising coins are always heavily invested in. So people just buy and hold and wait for the increase before selling. But that's how it should be and he done. coins that are promising like Link should be invested in for more profit in the future.

 

[Wisdom01]

People don't joke with coins with potential, promising coins are always heavily invested in. So people just buy and hold and wait for the increase before selling. But that's how it should be and he done. coins that are promising like Link should be invested in for more profit in the future.

Yeah that's it , many people have made profit after investing on coin with potential ,it's not a compulsory moment that you would make the necessary gains if you actually invest in those coin on short term trade ,you could make profit too on long term trade ,which looks more effective and offer high reward

 

[AudraMiller]

People don't joke with coins with potential, promising coins are always heavily invested in. So people just buy and hold and wait for the increase before selling. But that's how it should be and he done. coins that are promising like Link should be invested in for more profit in the future.

I agree with you and people need to have the patience in order to be able to hold the coin for these long periods of time and to resist the urge to sell when you see a minor and a small increase in the price of the coin because often this can stop you from future profits that may arise later on.

 

[Wisdom01]

I agree with you and people need to have the patience in order to be able to hold the coin for these long periods of time and to resist the urge to sell when you see a minor and a small increase in the price of the coin because often this can stop you from future profits that may arise later on.

Yeah when you hold the coin for so long ,you could multiply and double your gains ,not all really do have that ability to controlling their emotions , because their mind are easily tricked to sell fast when they see some form of drop ,not knowing it's a test on them and the price would move high again in that way so they have to be more careful in investing too tho

 

[AudraMiller]

Yeah when you hold the coin for so long ,you could multiply and double your gains ,not all really do have that ability to controlling their emotions , because their mind are easily tricked to sell fast when they see some form of drop ,not knowing it's a test on them and the price would move high again in that way so they have to be more careful in investing too tho

That is why sometimes i think that it is a very good idea to rather have all of your coins in hardware wallet that you are not always accessing because then you will not always be tempted to actually sell the coins and in this way you will be able to make a profit from the investment.

 

[Wisdom01]

That is why sometimes i think that it is a very good idea to rather have all of your coins in hardware wallet that you are not always accessing because then you will not always be tempted to actually sell the coins and in this way you will be able to make a profit from the investment.

You are right tho , because when you come online at times what would first come to your mind is to check your cryptocurrency wallet and checking it randomly as you see it increasing , would be a tempting way to invest in it ,or if the person can't withstand it ,he should delete the crypto app and make hold of the password keys

 

[AudraMiller]

You are right tho , because when you come online at times what would first come to your mind is to check your cryptocurrency wallet and checking it randomly as you see it increasing , would be a tempting way to invest in it ,or if the person can't withstand it ,he should delete the crypto app and make hold of the password keys

That is exactly correct because even when I have made cryptocurrency Investments into some of the smaller cryptocurrency coins I was constantly checking the price of the coin throughout the entire day and when there was a slight fluctuations in the price I did start to panic internally and this lead to some silly decisions.