Honestly, I forget all about Panda. I have been building links that bring traffic for over 16 years. Search engines are just a side benefit for me and my websites.
Google is way too up and down and it's like putting all your eggs in one basket. A basket which you can lose over night.
Building links for traffic can be tough, but once you learn to identify what links are good and what links bring traffic then you will never have to worry again about search engines.
Sure Google is a great source of traffic and it should not be ignored but rely on it as your number one source and trouble will hit someday. I have learned this the hard way a number of times.
When I look at link building, I always ask myself, would this link make sense if there was no Google?
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