Chainlink is Bullish for Crypto

13 thg 7, 2020

After breaking from its all time high of 5 USD, Chainlink continues it crazy runs. Most people will miss out on making some money from Chainlink because of their emotions and psychology. As for people who only cares about making money or preserving their wealth, Chainlink has given good enough return.

Eventually Chainlink will top up and then will make a major corrections as capital will flow into another crypto.

Chainlink itself has broken its previous all time high versus Nasdaq. This is how smaller asset performs versus bigger asset like stocks in Nasdaq.

This is market. This is how market works for the past 100-200 years. This is capital flow.

You can decide to try to day trade in and out, or to play the bigger trend. The decision is obvious. Yet most people are deluded into thinking that they can get rich fast. Yes you can, but you need to be patient and you need to be contrarian.

Capital will flow into another crypto asset. Bitcoin is still playing around the 9000-10000 maybe until end of the year to flush out everyone and those impatiences. The same with eth. In the mean time, some crypto will pump from time to time.

We are still at early stage of bull market, bull market is not official until Bitcoin breaks above its prior all time high.

Regards.

Don't reach out to me, I don't read messages and comments.