/biz/ - Business & Finance

Hello richfags, question/discussion for ya. I have about $700,000 in a crypto project that isn't very liquid. How do you manage liquidity in this situation? Do you sell slowly over time? See where it goes?
i've been in this situation before, and it's usually been a combination of the above. In one instance there was a technical hiccup and i dumped right away. the others i've basically dollar cost sold. Curious how you manage low liquidity situations. Anything you do different or look for?

Related, how do you diversify holdings? i don't keep stablecoins. i basically feed all profits into one bluechip project, then keep a bit for either fun projects or interesting technology projects. i rarely have funds in over 5 projects, and i currently am all in my bluechip and this heavy shitcoin. what do you do?
i'd be happy to talk defi/cefi strategies.

Poorfags I love you and i was one of you but please observe and hold your tongues in this one.

>>13770591
Bro I feel you so hard. plus I'm a lowly wage slave so it's not like I can put a lot of money into this every week considering I pay all my own bills. We'll make it though bro, most normies don't even understand bluechip crypto let alone this nonsense obscure esoteric oracle solution magic coin investment, we are still SOOOO early.

I've been trying to find freelance gigs and side work to generate side income I can dump into crypto, I've signed up for UPWORK but so far it's been slow. I wish we had a seperate /biz/ for non-crypto business-related stuff.

get rich or die trying

https://dadi.cloud/r/xrmw2jzywl

>>5831278
1. LINK
2. XLM
3. Not sure yet. Still have to find something to move the rest of my bitcoin and litecoin to.

>>5002067
>yfw bitcoin=1 million and litecoin=100k
>yfw alts have all since crashed

Hit the 1million mark....cash out 50%.

500k in the crypto world this early is still a lot. Better to pay off debts and diversify into real estate and stocks with CASH than maybe lose it all in a crypto bug or hack down the road.

MFW every coin i hold comfy and mooning