/biz/ - Business & Finance

By a crypto backed loan I mean something like Aave, or even centralized versions like Blockfi. I have been thinking about this lately, as I don't want to cash out Link right because we all now the future potential. I have 70k link so I have enough collateral to apply for loans. What are the risks of following this strategy? The only risk I can think of is getting a margin call when the market takes a shit. But I have a ton of collateral, so it should be fine right? Discuss.

>>29967907

> - 250 EUR in checking account
> 2,100,000 in Chainlink.
> 1 LP
> Wearing sweatpants all day.
> Laugh at wagies on Linkedin trying to show off with their big job titles.

NEW CHAINLINK SONG

https://youtu.be/ThvvTYBArKI

GET IN HERE

>>28547793

>>25933646

1. Break up with partner. She's useless and not worth your time. Your happiness comes first, so you must find someone who adds to your life.
2. Buy link
3. Buy a house EOY with your gains
4. Forget about the economy.
5. NEVER watch the news, it's meant to demoralize you.
6. Give back to your community (only who deserves it).

>>25794471

Holding 1 LP and 75k link , max comfy here.

A- wait hell naw I'm buyin' the dip lmao

>>23021893
His Dad wears an expression of approval and almost admiration. "You know in Russia, everything was about scheming and scamming. I almost got sent to the gulag for scamming the entire village outside of Leningrad. Ahh those were the days..."

"I know Dad, but things are different now. America is easy. They're fat pigs begging to be ripped off..."

His Dad responds worringly, "but then the market will respond. If you're not actually doing work what will you do when rumors or "FUD" as you call it spreads?"

"This... is the best part Dad. I found a kleptomatic internet culture, essentially an entire internet board of people to parade around our token and market it for us. When people doubt us, they just say, "didn't read, never selling." They... actually belive it! They just keep spouting off "never selling!" They actually believe it Dad! Best of all, I convinced these idiots that this token was never meant for them and it was built for business to business scaling. That they were never supposed to discover it in the first place."

"Mhm... the same guys you talked to, to give them low prices on the ICO and hold the token so that they could spread it and reap in profits."

"Well, yeah Dad, that's how good scams work, you cut the profit a little bit each way so that everyone benefits. I even messaged the moderators and admins, they're called "jannies" and got them to look sideways for all the paid shilling and corruption, to spread the token further. Things are looking great Dad, I tell ya"

"Hmh, of course, now let's get some lobster and steak."

"You betcha, I already had three today. But first, let me show you where we operate. We're in San Francisco to convince these dumb neets that we're in tech capital and attend different shows. These- thes-these hahaha, these morons... sorry, they promote our tokens through so called "organic groups" hosting their own events. I swear, this is a carnie level of theatricalism."

>>22989042

The US government got involved when Bitmex decided to attack Link. This shows link is truly the new (((elite))) .

>>22931587
> Sergey literally waddles in elite circles

> rugpull Andre shills
> Emin reinvent the wheel latefag
hmm I'll just stick with spergy thanks. Here we tend to like our scammers fat and Russian solving a problem that no one cares about