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BallaJi
Sep 18, 2023 9:22 AM

#Chainlink has massive upside potential vs #Bitcoin Long

ChainLink / BitcoinBinance

Description

If it repeats it's performance of the last cycle.

could we see 1 link trade for 0.0025 of a Bitcoin

at 100K Btc price this equates to a $250 USD value for Link

The problem is the trap in not being able to exit effectively at these prices due to thigh volatility and minimal time spent trading at these ratio's

So discipline and a plan is required.

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Link up 63% v BTC since this idea share.

There will be dips in the game of course ...

But to reach it's previous high against Bitcoin is another 4.25 X

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+71% v BTC since September 18th
Dips are in the game.
We can't change that.
Other tokens will fly more at certain times.
But very have the solid fundamentals like chainlink
Which in all likelihood will still be around for the next couple of cycles.
We can only make sure we have the conviction needed to hold.
If you don't find something you do have conviction in.
You can't be in everything.
Comments
Composition
You are a wonderful analyst, thank you so much for sharing. Can you provide an update on short term link pullback?
BallaJi
@Composition, It's all personal of course, in terms of sizing and how much volatility u can stomach.
In bull markets the risk is to the upside. So u don't want to be overly trading your stack, as u may end up with less coins.
... and obviously we are all Bitcoin dependent. The Spot ETF approval if it is imminent , will likely be sell the news event.. Because the approval is different form the product launching.
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