Easiest 25% ETH gain The Link/ETH pair is currently in an oversold position and is due for a rally. The long-term trend remains bullish. This presents a great opportunity to buy the dip and capitalize on the upcoming rally as the market sentiment shifts. Furthermore, the fundamentals of the Chainlink project continue to be strong, with partnerships and collaborations being announced regularly and the usage of the Chainlink network on the rise, providing strong support for the value of the Link token. All of these factors point to a strong potential for a rebound in the Link/ETH pair in the near future.
Ethlink
ETHBTC - Ideas to create even more profitSo you bought ETH/BTC at .022, or .023, anywhere around there. I Did, and had no clue how low we could go, so I had a bunch of purchases lower as well. But now, a couple ideas to find profit for us.
The ideal move here is to make more Bitcoin for ourselves. So obviously we could wait, until ETH/BTC reached much much higher, like a 500% gain at .12 and buy back our BTC really cheap. A 500% gain on BTC sounds nice.
Or, because the flow of money moves from BTC to Large Cap Altcoins first, we could sell ETH into BAT or LINK while we wait. This can create perhaps more profits. Lets say we buy BAT or LINK at a very low price (30% less than the price at this moment if thats possible).
We could then hold onto that much more LINK or BAT, until it is worth much more than we bought it for, and im looking for around 1000% gains this time around, if we are lucky. Because this will happen a couple times until end of the year (only if patterns repeat), we could return our ETH for 1000% more, and still gain 500% more BTC from that ETH.
Just a thought.
Happy Trading!