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/biz/ - Business & Finance

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16766218 No.16766218 [Reply] [Original]

I feel numb. I had 50K linkies and now I only have 10k link. Before that I had 30,000 link and sold 20,000 Link for SNX at 90 cent and now I'm under. The stuff now with SNX is beginning to scare me. Had I stuck with Link and not get greedy I would've had a lot more money and now I don't know what should I do.

I'm about $30K underwater. If you were me would you sell SNX for LINK and just stop or should I open a position on SNX exchange for synthetic link and continue to add to my position there?

Would love it if an OG link marine could chime in.

>> No.16766226

>>16766218
kek

>> No.16766235
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16766235

>>16766218
Lmfao!!!! Why did you do that?

>> No.16766236

>>16766218
go to any one of the other 5 snx threads with your discord tranny friends faggot

>> No.16766263

I can open a position on the exchange for synthetic LINK with zero slippage. Now is the time to really put the pedal to the medal and make $. Also thinking of buying this SNX dip but want to know what other's think to do.

>> No.16766273

>>16766263
Stop trading around.

>> No.16766283

>>16766235
at the time everyone was talking on the future for snx in the Defi movement and I didn't want to get left behind. SNX is the future or so I thought but this price action is worrisome. wish I would have simply bought a lot more link. But I could buy LINK a lot cheaper on SNX exchange for synthetic link and that would be incredibly a lot cheaper than buying on a traditional exchange.

>> No.16766313

>>16766273
>Stop trading around.
I lost 40K link. Thats nearly $80K lost at today's prices and I practically buy the top for SNX. Instead of buying SNX I could have bought more synthetic LINK with zero slippage. Hindsight is 20/20

>> No.16766325

>>16766236
>go to any one of the other 5 snx threads with your discord tranny friends faggot
what? relax dude, I am looking for only good advice.

>> No.16766391

>>16766325
>good advice
>on biz

no wonder you're losing money.... how are you this fucking dumb. did you really not understand that 100k sell order could dump SNX? Why do you think they sell chose to break it up like they did and dump on kyber and uniswap rather than selling otc? do you think the timing is coincidental?

>> No.16766504

God what a fucking retard
You thought never selling was a meme?
I lost about 5k linkies in 2018, after that I made a vow to never fucking sell.
You're not a fucking trader, you're emotional, you will get fucked by the market. HODL is not a joke
Just bite the bullet, convert everything into link and don't check ANY prices for a week minimum. Otherwise you WILL GET FUCKED EVENE MORE, you will panic and overtrade, I've been there

>> No.16766564

>>16766504
Correction - I'd wait for SNX to recover at least a bit, then go all into link

>> No.16766580

>>16766391
>did you really not understand that 100k
How is the market cap for SNX over $100million and can't handle $100K? Very worrying.

>> No.16766623

Lol at op

>> No.16766717

>>16766580
its an illiquid meme coin that has no other use case.

>> No.16766738
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16766738

>>16766218
>me
>bought link through 2018 17-65 cents
>bought ICX,TRX,CMT through 2018, small buys
>sold every other token with massive loses at the end of 2018, went all in link, could have thousands more link, got only like 600-700
>lost 90% on ICX, 70% TRX, 50% CMT
>link pump through 2019
>didn't sell @ 4
>link went to 1.5usd didn't sell
>link went to ~2.3$ , decided to cash out 2X my initial investment after tax
>left with bigger, under 10K stack for moon mission
>not looking back,not sweating about short-term

can't understand shit from your post, if you had 50K link and you are left with 10K and didn't cashed out, only went for other shitcoins then you are stupid.

coulda shoulda woulda. SNX graph looks like LINK past google pump. it might bounce back or go to 0,5$ soon.

if you are even on SNX buy-in and don't have hope for the project sell it at minimal loss, and move back to LINK

how the fuck you went from 50K linkies, then bought SNX at 90cents didn't sold at 1,4$ for quick cash is just another story.

don't look back, from what you wrote there's a pure depression story there

>> No.16766773

>selling link
>ever

You brought this upon yourself

>> No.16766904

>>16766773
Better than the retard who traded 10,000 btc for a pizza pr whatever, we all know it was code for child porn though.

>> No.16767015

>>16766218
Used to have 50k link and now down to 10k too bro. I had to sell for bills and shit. It's a long story. You just gotta be happy with what you got. Learn some good copes like "top 5% of all link holders" that sounds pretty good

>> No.16767064

>>16767015
That sounds good because it is, there will only ever be able to be 100,000 humans on the whole planet who can hold 10k LINK. There are 30-40 million millionaires in existence right now.

>> No.16767225

>>16766218
You sold Link for a Defi project that is inherently reliant on Link. Congrats on this, seriously anon, well done. You must have a tremendous IQ score!