On this page, you can compare Buddha with Chainlink (LINK). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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Buddha is a type of cryptocurrency, which can be spent and traded just like any other currency. However, the main difference is unlike bank issued currencies, Buddha has no central authority or anyone controlling Buddha. Buddha is controlled only by its users.
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ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on Coinbase Pro.
Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution.
Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to the top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT.
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| About |
Buddha is a type of cryptocurrency, which can be spent and traded just like any other currency. However, the main difference is unlike bank issued currencies, Buddha has no central authority or anyone controlling Buddha. Buddha is controlled only by its users.
|
ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on Coinbase Pro.
Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution.
Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to the top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT.
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| Type |
Type
No data
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Type
token
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| Founding Date |
Founding Date
2020
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Founding Date
2017
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| Country |
Country
International
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Country
No data
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| Languages |
Languages
No data
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Languages
No data
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| Team |
Team
No data
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Team
Public
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| Protocol |
Protocol
No data
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Protocol
Public blockchain
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| Current price (USD) |
Current price (USD)
No data
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Current price (USD)
No data
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| All-time high (USD) |
All-time high (USD)
No data
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All-time high (USD)
No data
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| Price change (24h) |
Price change (24h)
No data
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Price change (24h)
No data
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| Volume (24h) |
Volume (24h)
No data
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Volume (24h)
No data
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| Hashrate |
Hashrate
No data
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Hashrate
No data
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| Max Supply |
Max Supply
No data
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Max Supply
No data
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| Total supply |
Total supply
No data
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Total supply
No data
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| Circulating Supply |
Circulating Supply
No data
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Circulating Supply
No data
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| Transaction speed / Block time |
Transaction speed / Block time
No data
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Transaction speed / Block time
No data
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| Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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| Mining profitability |
Mining profitability
No data
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Mining profitability
medium
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| Algorithm |
Algorithm
No data
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Algorithm
No data
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| Proof type |
Proof type
No data
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Proof type
No data
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| Fully premined |
Fully premined
No data
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Fully premined
No data
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| Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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| Total coins mined |
Total coins mined
No data
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Total coins mined
No data
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| Is trading |
Is trading
No data
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Is trading
No data
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| Block reward |
Block reward
No data
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Block reward
No data
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| Block time |
Block time
No data
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Block time
No data
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Buddha user rating is 3, based on 1 user reviews. Chainlink (LINK) user rating is 5, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Buddha Cryptogeek user rating is 3, based on 1 user reviews.
Mining profitability is medium.
Chainlink (LINK) Cryptogeek user rating is 5, based on 3 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
Don't be taken in by false news
An important lesson: do not believe the news, study the topic yourself.
Apply investments diversification strategy and risk management
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Do not store tokens on exchanges
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Buddha with Chainlink (LINK). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
