/biz/ - Business & Finance

I am a LINK whale with more than 10 million LINK, all of which i acquired for free out of thin air back in 2017. LINK performed way better than i thought it would in december/january, and i cashed out more than enough to live comfortably for the next few decades.

after cashing out a few million dollars, i let my remaining 10MM LINK tokens ride. however, after realizing the volume for LINK on binance was so drastically low, i figured it was more profitable to actively manipulate the market, than to hope for another bull run of 2017 proportions.

so i dumped.

and dumped.

and dumped.

i found the best time to dump was not when the price was tanking (medium-sized bag holders with 100k+ tokens will take care of that for you), but when the price was mooning - or looked like it was about to moon. here's a secret for you: LINK has some of the weakest bulls of any coin on binance. usually it only takes less than 700k tokens, efficiently timed, to crush any small pump and take LINK/BTC ratio back into the red for the day, where it ought to be.

want to know why for the last 38 days on binance, the LINK/ETH chart only has seven - yes, seven - green 1-day candles?

because of me.

want to know why everything today seems to be in the green, but LINK is still struggling to make it back above $2.50, and has currently dipped to rank #15 on coinmarketcap?

because of me.

i refuse to let the price go up, and i won't for a while. in case you're wondering, that 10MM tokens i let ride now exceeds 13MM, simply from dumping 700k over, and over, and over again.

i am a bagholder's worst nightmare.