re: What's the key to defeating Lynels in BoTW?

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Learn to counter strike. They're tough motherfrickers before you master it, but once you do, you should be able to take them down easily.

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This. As long as you have a nice supply of shields, all you have to do to beat them is figure out the timing for parrying. You don't need stasis, you don't need a ton of hearts, etc. Depending on your weapon strength, the amount of time and weapons to beat them will obviously fluctuate, but they can be easy to beat by simply learning to parry.