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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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11555224 No.11555224 [Reply] [Original]

>be a student
>lives with his parents, recently started a new job outside of college
>making 10 usd an hour
>no fiat anymore

Listen brahsefs, I need your insights. For me, 250k usd is already making it. Obviously its not enough for the rest of my life but as a 21 y old student, im more than ok with that as you basically can avoid wagecucking by starting your own business or investing in other commodities/assets.

>only 8k link stack

What would you guys do in my shoes? Is it enough or should I work my ass off before singularity?

>> No.11555238

My wife has 480k LINK as suicide insurance.
>t. 900k linklet

>> No.11555249

>>11555238
careful with the divorce

>> No.11555329

>>11555249
I was just kidding. You havve a decent stack, be comfy.

>> No.11555370

>>11555224
Are you me Anon? btw what are ya studying?

>> No.11555417
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11555417

>>11555224
We linklets may not be the first trillionaires like the LARPers with their 5mil stacks who'd sell at 5 dollars anyways but we're gonna make it at least

>> No.11555483

OP we are in the same boat, i have 8,600 stinkies. Ive spent many nights thinking is this enough to make it and i think so. It might not be enough to make it right away, for example if mainnet goes live and for some reason the price goes to ten bucks because of fomo/speculation then we'll have a nice chunk of cash as you described. Dont listen to ppl who say thats not possible just take a look at all the other pointless coins that have a speculative market cap of a billion+, those coins are literally pointless with no working product what so ever. I think the hardest part of all this will be taking out how much and when. If in 3-5 years link captures only 1% of every field it intends to change then the price will be insane literally making us multimillionaires if we didnt take everything out when it was $10. No matter what happens we are going to make it....how far you make it will depend how much skin you keep in the game

>> No.11555499

Whether it is "enough" or not, do you really have more money you could afford dumping in? What are you even trying to accomplish with this post?

>> No.11555519

18yo 24k stack. Made money from ticket reselling and crypto a bit. If you are in USA then there's a lot of "grayish" hustles like fake yeezis/iphones/gucci clothes.

If you want to make good money fast you gotta do something that isn't well known or something that's a bit against the law like drugs.

>> No.11555593

>>11555519
Drugs are more than "a bit against the law."

Why don't you youngsters just focus on developing skills that will keep you wealthy forever instead of short term "hustles" like negros. Even if you make some money with Link, it isn't going to be the last opportunity like this, and if all you've done is spent your life "hustling" instead of learning and developing valuable skills, you won't fare well.

>> No.11555743
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11555743

>>11555593
That's how I made some actual money without having to slave 40hrs per week for pennies during Summer. I also started learning programming when I was 16 and read a couple of books on business "zero to one" ,"Think and grow rich", "Poor dad rich dad" (first book and kinda got me on the redpill path).

Now I got 2 real great ideas(I've been writing down many of them past years) and currently learning Flutter for the first idea.

I agree that just "hustlin" is bad and might get you on the wrong path, but as a temporary money solution it's better than slaving away your time.

>> No.11556104

>>11555483
Feels good to not be the only one, the advantage we have is that we are young so we have plenty of time to make more money with a shitload of money when we make it. A lot of people wanna immediately be millionaires to not work anymore but to be honest that would be killing for me. Working is good as long as you work for yourself as it gives you motivation to build for example a legacy and that's what i'm hoping for when links reaches a high price. I don't have a rich parent that could easily give some 100/200k which Ive seen a lot in my college but Im motivated reach that on my own as it gives me a feeling of proud. Besides all the trolling on this board, I see a lot of potential in the way people think right here and it's good to see you have this too.

We gonna make it brahsef.

>> No.11556115

>>11555370
I'm studying finance, 2nd year.

>> No.11556135

just know that the less you have, the easier it is hold. the 100k+ linkers will sell at 5-10 dollar range. we're gonna make it friends.

>> No.11556149

>>11555499
I just wanna know if it's a decent amount. If it's not, I will have to work 30 hours a week outside of college and maybe ask my dad if I can borrow 1k or something to add up on my stack. It's not something im proud of to ask but if it helps me and my dad, I'm more than fine with it ( I also shilled him link so he got 8k too).

>> No.11556159
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11556159

>>11556104
hopefully this just gives me money to rest upon when im deciding what i want to do. 23k links and my only regret was i lost interest in link when it was at 17 cents this july. i never sold but looking back it was very foolish not to buy in at that time. dca'd hard but now the prospects of getting to 50k link is difficult. hope it steams down a bit to mid 30s in november

>> No.11556163

>>11555593
Actually,have multiple side hustles IS a valuable skill. Just don’t let that be your only thing.

>> No.11556170

>>11556135
that's def true, Im cucking atm so I dont need to cash out (outside of the fact that im living with my parents so I have no costs) which is a good advantage. Iron hands will make it.

>> No.11556179

I only have 1.5 K and I’m a year older than you...you should be happy

>> No.11556190

>>11556159
I'm hoping it will go down to 30cents too but since that rebrand ive seen that everytime btc dumps, link is pumping in btc price. Somebody must be buying with cold hard cash and it annoys me a lot when I need time to get my paychecks..

>> No.11556216

>>11556163
any side hustles you doing?

>> No.11556233

>>11556159
I've been DCAing all year, and I wish I would have gone all in in July instead of my usual $100-200. I got in to crypto in February (if I'd have bought an held BTC i'd be above my initial now), and bought as it went down. I unrionically thought the bear market was only temporary. On the biight side I got more LINK than I ever thought possible, but I also took big hits on the stupid gook coins I bought and eventually dumped. Thanks to LINKS recent surges I'm probably almost breaking even, Can't wait to see what happens when LINK starts to take off!

>> No.11556246

>>11556216
kek just become a t.a. for your classes you get paid union wages for doing jack all.

i make ~70$ an hour for lectures gettin 500 usd every 2 weeks. not much but very easy money. also you can just tutor dumbasses and charge a rate of ~40$ an hour

>> No.11556325

>>11556233
yea ik what ur saying i got into crypto in march where link was at 51 cents so i didnt get burned too bad. link is unironically my first investment ever so i dont even dca consistently. when this shit reaches 5$ i fear whales will dump but i hope institutions and normies fomo by that time in reducing pressure

>> No.11556344

>>11555238
stop calling your fleshlight your wife larry

>> No.11556371

>>11556325
>>11556325
you seem to not understand chainlink.
the more chainlink grows, the more nodes it will require. the more nodes it requires the more staked links it will require.

how will people be able to host chainlink nodes without chainlinks?

YES! the more chainlink is used, the less the supply.

so if whales sell when chainlink becomes famous, its because people need the chainlinks to stake on nodes. so those links will be removed from the supply anyways.

>> No.11556391

>>11556371
if i'm not wrong, people can still hold nodes without chainlink

>> No.11556412

>>11556159
Fuck man I was so happy when link got that low I only had about 500 and I was able to nab 2000 more.
Now I'm at 3300.. hope it's enough

>> No.11556469

>>11556391
do you think they will be used? its all about trust and nodes with liks staked are more used . sure you can host a free node, but u wont make any benefits. because when you stake ur links ull get paid back

>> No.11556515

I reckon 90% of linkies from biz hold less than 5k link.
Moon when

>> No.11556791

>>11556515
Mosp linkies have over 100k

>> No.11556863

>>11556159
This month is LINKtober. Give it 3 weeks or so when the new linkies who bought at 6500+ Get given the news that the test net aggregation is being audited, or at beat, did well in its audit and should have the bugs down in a few weeks.

Dunno how low it’ll go but you should get a chance in the next month to buy sub 0.4 USD. Link is special in that it’s holders and super long term now and holding only gets easier as the network progresses. You see a price you’re happy with, you buy. Don’t fuck around hoping for 0.01 USD lower

>> No.11556891

consider workin some more to flip some alts. some of them are already doubled their worth so play it safe and stack your linkies.

>> No.11557699
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11557699

>>11555593
ok gramps

>> No.11557733

What about us linklets with less than 3k link?