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17472545 No.17472545 [Reply] [Original]

See pic related? A lot of fellow frens deal with this issue. What if your folio goes to 600k, damn that's a lot of money. Boom, next day, 400k. Lost 200k, fuck man. Would you sell a bit next time it goes to 600k? Next day it's 780k. Wanna scrape of a little off the top to make some safe profits? What if it goes another 10x or even more... you'll miss out on making it for good. But man, what if it won't really get this high for the next year and that's the top for now, it could just crab around 380k and you could've gotten at least 100k out at the top, it's only like 15% right? (1/2)

>> No.17472570

(2/2)
It already started for some but this will be the hardest phase to hold an asset like LINK which makes great strides upwards and has unlimited potential but the sums become very serious and it's hard to be exposed to this kind of risk. What if Sergey is running late one day, tries to stuff the second half of the big mac in and chokes on it, can you live with that feeling? You shouldn't.

Look, easy fucking solution. Clear your mind, think of 2020. What's your goal this year, what do you need, what do you want? Think about the minimum sum of USD you need for this one thing. Might be a house, might be a new phone, might be a vacation. Maybe it's actually nothing and you don't need it, in that case think about your initial investment. Try to visualize the highest price you can realistically imagine Chainlink to reach, make it half and write it down. At that price you take out the minimum amount you need for that necessary purchase or your initial investment. Now look at your remaining stack, hopefully it's still more than 90%. Literally take half of it and write the number across an entire piece of paper. That number you won't ever fucking sell. Boom, your mind is now free.

>> No.17472596
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17472596

You now have cashed out enough to enjoy something in your life or at least got your initial out so good for you. And secondly you now have set a number that you won't ever sell. Now you have a little playstack, adjust your plans on that as development and revelations continue. Yeah, holding 110% of your stack and never selling is an option but some of us are human and want to sleep at night. And with that strategy you are set for all cases, if LINK moons you will be along for the whole ride with at least half your stack, it will be more than you can ever spend. And if Sergey chokes on his fries on the way to work, you got your money out and maybe even some extra and can bet with us on the next meme magic. Keep a healthy mind, frens. I'm not trying to entice you to sell, I'm just seeing it more and more that this trip which should be pure happiness and euphoria is turning into a lot of stress for some. We're the most blessed people in the world, frens, take it easy.

>> No.17472624
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17472624

>>17472545
Kek I fucked up pic related, I'm talking about this pic

>> No.17472647
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17472647

>>17472545
thanks for the advice fren

>> No.17472697

>>17472545
The only thing I will sell my LINKS for is to get rid fo my student loan debt and that only if LINK hits $400-$600.

Everything else consider I think of playing it as a smart lottery. I know the foundations are good.

>> No.17472741

>>17472647
Thanks as well, fren.
>>17472697
That's fine if you can keep a clear mind till that point. For me, it would be mega uncomfortable to hold without a plan at these prices because it could literally 1000x my quality of life.

>> No.17472776

>>17472741
Yea if it moons it gonna be tempting but outside of a certain range $1000+ or greater (which I have no doubt it can do) then that money isn’t gonna help me in the long run.

>> No.17472850

>>17472776
Also before anyone says that impossible the derivatives market is $1.2 quadrillion dollars. We simply don’t know how big the crypto market can get.

>> No.17472856
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17472856

>>17472545