Post
Topic
Board Speculation (Altcoins)
Re: ChainLink - Sell or Hold for some more time?
by
Mime
on 31/08/2020, 11:03:12 UTC
do not hold too long, because it is risky. My advice is enough to hold because altcoins are very risky unless you hold USDT. so when the price goes up, immediately sell and when the price goes down you can hold
Very good advice. The obvious thing with USDT is there's no fluctuation and volatility on it, this is just the same as holding cash and you're right telling it that there's no risk in it. Also your advice of not holding for too long depends to the investors or holders of LINK. As we discuss, LINK is doing very well and it's going to be hard for them to dispose it as soon as they can. It is starting to move upwards again.

You are probably right. The price of Chainlink skyrocked this year with 706% but holding it is risky.