Should you invest in Chainlink? Chainlink is an Ethereum token associated with the Chainlink decentralized oracle network. If you are new to this technology, the network facilitates the use of “smart contracts” on Ethereum to securely connect to external APIs, payment systems, and more.
When deciding whether or not to invest in anything related to cryptocurrency, there are three factors to consider–the longevity of the entity you want to invest in (Are they a fad or a long-term player?), the reputation of the investment, and the volatility of it.
Chainlink has been a force to be reckoned with in 2020, and the most important thing you can do when deciding whether to invest or not is to learn as much as you can about the past performance of your investment and what the overall feeling is in the community about the future where your investment is concerned. Read More