/biz/ - Business & Finance

>>19891312
the rule is if you dont hold any Link at all you should ASAP buy 1000 Link tokens and then DCA until you reach 10k.

>>19891355
I am a newfag so:
>tokens
coins right?
>DCA
what's that

>>19891355
Checked and very accurate.

>>19891355
this

>>19891501
>coins right?
chainlink is a utility token, it doesn't base it's merit off being a "coin" like btc
DCA means dollar cost average. As in, buy small amounts at a time, so you don't feel bad if you accidentally buy the top today.

>>19891501
>>DCA
>what's that
Dollar cost averaging. It means invest the same amount per month or aim to make the average consistent when you can't invest the same amount. It's a good method to minimize your exposure to price volatility

>>19891501
where have you come from? and I don't mean that in a bad way, I'm genuinely curious how you got here. welcome fren

>>19891355
yup,
1K LINK is like
1 BTC
32 ETH
1M RSR

>>19891312
keep an eye on BTC. if we hit $5 without BTC shitting its pants, we're in for a nice ride. else, target $4.20 if buying with usd. this is all just speculation obviously, insane things have happened in this space with no warning, but the above has been the pattern all year.

>>19891501
I will tell you exactly what you should do if you give me a short summation of what is currently happening in the world.

>>19891588
Greece

DCA MEANS DICK COCK ASS
AS I WHAT YOU NEED TO GIVE AND TAKE FROM SIR GAY
AS YOU KEEP BUYING HIS BAGS AND HOLDING HIS BAGS
FOR ANOTHER 3 WASTED YEARS OF YOUR PATHETIC LONELY LIVES

80%

YUP YUP YUP YUP YUP YUUUUPPPP
YOURE FOREVER HOLDING
THEY NEVER EVER EVER EVER EVER WANTS YOUR BAGS
EVERRRRR

>>19891667
>if we hit $5
It's almost fucking 5$
>>19891687
Joggers destroying America, Trump is panicking and so is /pol/, if Biden gets reelected we are fucked. BLM is a massive scam with no basis on statistics.The economy is crippling, in some months the "second wave" is coming. Chainlink will start cooperating with a chink company. I could keep going but that's it for now

>>19891743
That'll do fren.
Listen, Chainlink has historically dumped like a rock immediately after good news, so everybody expected it to dump today, but it keeps going and going. This is bad for me because I'm not done accumulating yet.
This is especially bad for you because you haven't even started. There will very likely be a rather large correction but I thought it would have happened by now. We're very unlikely to break 5 dollars, but that's getting more and more likely with each moment that we don't dump.
This is all irrelevant, though, as Chainlink is literally the basis for the future of finance. It's like being able to invest in the literal Internet. It has a massive first mover advantage and more and more people bend the knee daily.
It's going to be worth a LOT more than 5 dollars at some point in the future, so it's a good idea to maybe wait and see if you can get good value for money, but don't wait too long. Get yourself a suicide stack. We are rapidly approaching the singularity.

>>19891501
ever heard of google?

>>19891841
China didn't get the news, they open up in 4-5 more hours. we're breaking $5 this time.

>>19891841
I have 5000$ to invest. Should I put 2500$ now and wait for the other 2500$? How should I split it?

>>19891689
no, how did you find biz & by qualification, link?

>>19891922
niggah stop the worst case is you bleed out for a bit, best case you literally got fucking lucky at the foot of this rally.

6 months from now you won't even fucking care you bought at these prices, you wish you have bought more.

>>19891922
Get that 5k onto an exchange like normiebase or binance immediately. I would than convert small amounts over the next day into Chainlink. It's difficult to know what to tell you bro, I don't have a crystal ball. I am sure about one thing: Chainlink is no meme, it is real. I can see why you'd be reticent to buy now though considering it was 50 cents lower 24 hours ago. Do it slowly to mitigate risk.
The thing to remember though, is that the riskiest position is to not have any at all. Sure it would be frustrating to buy the local top, but in 2 years you won't give a fuck if you bought at 4.50 or at 5, you'll just be ecstatic that you bought.
If you can't see that, you're not sure enough about the project, and you'll sell early. So do lots of research, check the archives, search for Assblaster posts and other stuff. Read the fud from the past and see how little of it came true. Immerse yourself. It'll make it easier to keep buying, even at this 'high' price.
Alternatively you can gamble and wait for a dip. One IS coming, it ALWAYS dips, but the dip might be from 6 to 5, not from 5 to 4. Or it could dip right this second and keep dipping back to 4.30.
If I could time these dips so perfectly I wouldn't even be here.

>>19891312
>Will it drop or should I buy right now?

It's literally ATH and the product isn't finished. all it has going for itself is a literal cult of autists and dubious partnership announcements.
It's very likely to drop when sirgay drops fat bags and all the buy orders are filled at ~$1 like it did almost 5 months ago.

>>19891922
you buy 1000 LINK tokens immediately.

>>19892082
>It's literally ATH and the product isn't finished.
This is very true and decent advice. Don't speculate on emotion.
> all it has going for itself is a literal cult of autists and dubious partnership announcements.
This is hilarious and baseless fud. Chainlink is blatantly in a partnership with LITERALLY EVERYBODY.
You get used to it. Infact you start doing it yourself, because you're bored or whatever, or you want to keep the newfags and liberals out. This guy probably owns more Link than I do.

>>19892121
What about IOTA
>>19892073
I already have downloaded Binance. Can I send you a discord link cause I am a total newfag and I need help. (don't try to scam I am not a brainlet)
>>19891994
I lurk on 4chan and saw a meme called "B O G G E D". He was on /biz/ for a split second so I came here

>>19891922
yes, use reverse psychology to your advantage.
buy half now to fuck with the market makers into thinking
that you bought the top, so that they will dump the price after
you've bought.
then go all-in with the 2nd half once they dump the price.

>>19892189
Sorry, I've done enough spoonfeeding. If you can't figure out how to even buy it you probably don't deserve it. I wish you the best of luck, anon.

>>19891841
Serious question.... What is the singularity? Why is it so important?

>>19892219
I know how to buy it dude. I need help about when to invest

>>19892189
>What about IOTA
what about it?
Its garbage.

check out the following links to get redpilled on chainlink, its very important to understand where this is going:
https://link.smartcontract.com/whitepaper

https://blog.goodaudience.com/chainlink-the-missing-piece-to-the-god-protocol-fd455dde92ab
https://blog.chain.link/town-crier-and-chainlink/
https://medium.com/chainlink/chainlink-external-adapters-e9f99cd6cb62
https://medium.com/@jonnyhuxtable/analysis-of-chainlink-the-decentralised-oracle-network-7c69bee2345f
https://www.capgemini.com/consulting-de/wp-content/uploads/sites/32/2017/08/smart_contracts_paper_long_0.pdf
https://www.linkedin.com/pulse/how-boeing-ford-other-oems-can-double-current-net-profit-rogers-feng-7c/?trk=portfolio_article-card_title
https://www.linkedin.com/pulse/how-boeing-ford-other-oems-can-double-current-net-profit-rogers-feng-8c/
https://www.americanbanker.com/news/the-race-to-connect-smart-contracts-to-the-real-world

read all of this.
watch the following videos on youtube:
https://youtu.be/1nmLU284fIk
https://youtu.be/OTaSvj9Fc60
https://youtu.be/BvySkHcq1ac
https://www.youtube.com/watch?v=TzcDDPh3CAo

godspeed bro

>>19891922
Jesus christ dont do that man, don’t fomo in, wait for the correcten and then maybe buy for 1k and then spread your purchases, if you really wanna fomo buy for something like 0.5k

>>19891922
If you're in the US, the quickest way is to get verified on Coinbase and link your checking or savings account (if you have one with a major bank). You can then make purchases up to $25k directly per day. I have a Wells Fargo account, and when I signed up, I used my WF credentials through a verification portal that verified my funds with Coinbase, allowing me to make the purchase. They prohibit you from withdrawing the amount until the transaction actually clears though. But at least you can buy it.

>>19892225

pic related

>>19892073
This. 99 out of the last 100 pumps I'd probably told you to wait for a dump, but right now I would't, something's definitely brewing, waiting to erupt. Might be a PayPal announcement. This summer I think we'll see $10 or $15.

So many green ID's. The gods are cleary with us.

>>19892268
Holy fuck.
I gotta buy more!!!!!

SOMEONE GIVE ME A DEFINITIVE ANSWER. WILL IT FUCKING DUMP OR NOT

>>19892306
Based, rolling for a green idea and $1000 EOY

>>19892354
Oops sorry guys

>>19892268
whaddaya reckon lads, I think even 1 will be good enough to live on for a considerable amount of time

>>19892306
quite

>>19892352
No idea. If it does, I buy more. If Chinese wake up and see the CCP told them to buy this, maybe we get new ATH.

IS 1K LINK ENOUGH TO MAKE IT?

>>19892352
>someone tell me the future
No, we can't do that.
Personally I think it will hit 5 dollars soon, dip harshly to about 4.60, then begin another slow rise to 5 again, where it will find more resistance, but less than the first time. I can't go further than that.
In your position I would just sell everything I had to get on the train. Being a no linker right now is very, very brave indeed.

>4.91
IT'S HAPPENIIIIIIING

IS 1K LINK ENOUGH TO MAKE IT?

>>19892352
YOU REALLY THINK IT COULD DROP AFTER THE CHINA NEWS? FAGGOT

>>19892421
>he's actually not lying
>China waking up right now

>>19892408
So I'll put 3/5 of it in now and I'll wait

>>19892432
YOU'LL BE ABLE TO BUY A NICE HOUSE FOR SURE

>>19892432
BITCH 1 LINK FULL STOP IS GONNA BE ENOUGH AAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHH

>>19892452
Sure, why not. I have been putting the majority of my paycheck in for well over a year. I'm beyond the point of caring about these tiny price actions, I just wait now. I hope we pump for you, but don't be too disheartened if you get Bogged, it happens to the best of us. This is hardly an exact science, no matter what the TA fags will tell you.

>>19892073
admin pls delete this. 3 years of experience into 20 second paragraph read

>>19892352
Dude welcome to crypto no one knows shit, trust no one and buy link
Following these rules you should do very fine the next coming years
Dont trust me when I say buy link just dyor but as an OG I can tell you every research you do now will guide you to sergey

>>19891355
Hey what would you say a good DCA target could be? $4.30?

>>19892399
load up my pup patrol plate, that looks delicious

I only got 7k LINK so I won't make it for sure but god damn am I excited for you guys.

>>19892265
>not using Coinbase Pro to make free purchases

>>19892306
rolling for green

>>19891355
But 10k is 40,000 dollars!

>>19892601
Well considering we're about to break 5 dollars and never go below 5 dollars again, how do you plan on doing that?

>>19891922
>buying the top

Everyone holding link should buy some STA and dump some LINK in to the pool. I did this and ended up with 360 BAL tokens worth like 7k ATM. Just saying, you should look into this.

>>19892680
>this is the top

>>19892241
Now.

>>19892601
right now your best bet is to spread out your buy orders between 2.80 and 5.
not all of those buy orders will hit tho but generally speaking every Link below 5 dollar is a godsend.

>>19892663
sure right now its a pain in the ass for newcomers to accumulate 10k Link doesnt mean you shouldnt try.
even with 1k LINK you will eventually make it but it will of course take longer.

>>19892073
Whatever you buy this is good advice, it'll take days for your transfer to get in and you want to be ready to trade at a moments notice

Wagiee here, the most, and I mean absolute most I can afford to put in a week is like $250, I have just over a 300 stack, I’m not gonna make it am I

>>19892073
I'm new to this. I don't understand how to go from faik to crypto. I've not setup a crypto wallet but I've seen plenty of tutorials.

TFW it crabs so close to the threshold
https://www.youtube.com/watch?v=LDU_Txk06tM

>>19892663
Actually it's almost $50,000 pre fees kek

>>19893133
Maybe by 2030 anon

>>19891914
This news was released in China weeks ago. They might do a re release though since Chainlink made a big deal out of it.

>>19892352
LINK has dumped a little literally every time after a pump based on new partnerships. I would stagger your purchases evenly over a course of weeks and then frontload a buy if the price dumps during that time period.

>>19891689
pay debts

>>19893310
>This news was released in China weeks ago. They might do a re release though since Chainlink made a big deal out of it.
Link to chinese sources? And Chainlink didn't make a big deal out of it. In fact when the rumors dropped in the technode article Chainlink declined to comment

What brokers does /biz/ use?

>>19892510
This. I had to wade through so much bullshit to find this out on my own.