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Link buying is not dangerous.
I would say that links which we buy give us link weight or they are devalued.
If we can get penalized via link buying, we could manipulate rankings of our competitors.
I would buy then 100 sitewides with the same anchor and point to my competitor.
Summary,
If links are relevant they give us some link weight or if they are irrelevant or look spammy they are devalued.
This is whole science.
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