/biz/ - Business & Finance

Dont do it during an all time high. Wait for a safe entry.

>>19900286
Stupid.

at $0.4 it was smart
at $4 it isn't that stupid
at $40 it's a bit stupid
at $400 it's stupid

psst, hey kid. how about something more...exciting? why don't you buy some Balancer (BAL) instead?

>>19900286
I considered it so it cant be that dumb

There is an element of risk, but if you feel edgy enough, go for it.
I'd sooner take out a loan to buy Link right now than to buy some crap uni degree.
Were all in this to make money. I'm up to my eyeballs in Link, but if I wasn't confident in the price going up I'd be wasting my time.
I'm calling yes on this one. Buy Link, and pay the debt off in 2 years time, when $5 Link looks ridiculously cheap.

>>19900286
Learn the truth about sergey. Do some reasearch into his past. Done helping newfags.
>>19900313

>>19900286
Wait for a correction. Too risky now.
Try to accumulate at least 1K. You’ve missed the 10K boat unless you literally want to risk it all.

>>19900404
>>19900286
Youre fomoing into a pump. Its stupid as fuck

>>19900286
Im gonna do this too, maybe just a $10k loan i think i can get. I think link is going to $100 over this winter. I'm gonna be rich next winter.

>>19900286
I literally cashed out my 401k and went all in at $0.25 and it was the best decision of my life.

Just don't loan more than you can afford to lose.

Lmao you faggots are fucking NPCs why didnt you take out a loan when link was 3$? Or 2$? Because you are stupid as fuck and see that number go up now, need take out loan at ath and tomorrow youre gonna cry if (((they))) killed the pump with a btc crash again. Dont say i didnt fucking warn you.

>>19900423
This is what people said when ETH started pumping from ~$10 and it didn't look back until ~$400.

>>19900554
Do it then you stupid npc, i dont actually gove a fuck about you.

>>19900286
It would be stupid not to do it OP.

>>19900421
In my head I'm still hoping to get to 10k. 40-50k loan is really risking it all. Just some extra bullshit I'll have to put up with for a couple years.
>>19900454
I didn't even know link existed until two weeks ago. I wouldn't be able to buy the current-minute price anyway.

>>19900564
I bought the ICO and then again at $0.25, idk what the fuck you're talking about, I'm not OP, smoothbrain.

>>19900572
*isn't

>>19900572
Do it. If you're wrong you only lose ~50k, if you're right and you don't do it, you will lose out on millions.

>>19900572
Here https://mobile.twitter.com/SmugAndFree28
Keep an eye on his profile, he got the best entries.

>>19900423
this, wait for a retrace.

>>19900572
Smug says if we got a daily close above 4.97$ were gonna pump so keep that in mind. Take out the loan now and keep checking what he says.

>>19900286
Not buying LINK now is like not buying ETH when the Enterprise Alliance was announced, thinking it was priced in.

It's the chosen oracle of the fucking Chinese national blockchain, guys, it's going to go further than $5...

>>19900628
Lmfao if he decides to get the loan it will be like a month from now when he gets the cash ready to buy in coinbase, he will probably be priced out by then F.

>>19900685
Depends on the country and bank, if I take out a loan today, I would have it in my account before end of the week.

>>19900286
Very stupid. Why would you buy biz's 40x ICO bags ON A LOAN.

If you wanna take out a loan to buy crypto, which is already a bad idea, go for a sure thing like DMG and get in before the sale sells out. When you 2x, TAKE YOUR INITIAL AND PAY OFF THE LOAN.

then fuck with free money.

I took out a loan to buy crypto in 2017.
Worked out ok, I lost money on all my crypto purchases except ChainLink.
With that said, adapters are paying 0.1 Link per job. So either the price of a ChainLink request must go down, or the price of Link must go down.

Last summer I added to my stack.I used 10k of my own money to buy link @2.12. I also opened a 20k line of credit but ended up not using it.

My plan was to cash out a bit @4.24 but when it reached that price, I just couldn’t sell.

Then we crashed to 1.68. I truly felt sick to my stomach. Being 20k in debt on top of that would have been gutwrenching.

All this to say: crypto goes up; crypto goes down; no one knows.

>>19900708
So you sold?

>>19900749
No. I just can’t. It feels like after 2 years and a half they have become apart of me.

Only linkies I had to depart from were to move them out of binance; but those ones had never been mine to begin with.

>>19900286
I took out a loan last year to buy link. I’m up $17k. I knew how stupid it would look from the outside but I couldn’t accumulate fast enough without one. I hate gambling and am not a huge risk taker under normal circumstances.

>>19901436
I should add to this. Before I took out the loan, I spent probably 100 hours researching the shit out of Chainlink.

>>19900564
Screencap this idiot and make a thread about him a year from now which he'll see and pretend not to see then kill himself

well anon many instances in the past there are people like u op. One guy during 2017 took out a mortgage to market buy chainlink at 60 cents. then there was another anon not to long ago who did the same at 2bucks. So as you can see these patterns, u cant lose.

>>19900286
Pretty fucking stupid when you got stuff like PNK that could literally 500x and still be on par with LINK

>>19902196
how big is you pnk bag?

>>19900286
K Y S

>>19900286
> taking out loan and buying LINK on upper resistance
yeah just do it bro, it can't go wrong

>>19900286
Can you pay it back with your normal salary? A 10k loan with an extra 500-1000 a month to spare should be fine. Just make sure your downside isn't insolvency and shitty credit. You gotta be able to pay it off if LINK fucks up.

>>19900286
brainded.
so many going to get wrecked when the whales push link down to liquidate some cheap stacks

>>19900286
its not stupid knowing how high itll go, but short term will be able to handle the price swings?

>>19900311
>link
>400
pure delusion

>>19900311
Checked.
Finally someone who's not a retard

>>19903265
you're right it will go to $1000

>>19903483
for sure
link will do another 200x
meanwhile this shit cant reach fuckin $5

>>19903616
Staking will change that. Either we go to 1k+ or to 0 if it doesnt work. There is no middle ground.

>>19900286
only if you can live with the constant anxiety until u pay off the loan

>>19900286
Very.
4.40 again soon.

>>19900286

DO IT FAGGOT!!!!!11

>>19900286
You mean like longing them? Just do it on Phemex, and long them with 20x leverage! no kyc, friendly to US citizens and now with credit card support

>>19900286
If you're taking out a loan, you're a poorfag. If you're a poorfag, you can't afford to lose it all, in which case crypto isn't for you. Ignore the obsessive linkies, this is still a risky investment and you're better off just throwing a few hundred bucks at a microcap shitcoin

>>19900606
>>19900572
Never listen to anyone but yourself and Sergey. Never take advice from a twitter or crypto personality.

>>19900286
It's hard to say anon
While on one hand buying link is always a good idea
We also don't know anything about your personal financial situation. Is taking out a 50k loan a lot for you? Can you get a low interest rate?
Just guessing based on the little info you've given I'd advise against it. If you don't have enough savings to buy a fair sized stack you probably shouldn't be taking out that large of a loan.

>>19903732
I agree, I have never traded anyone's calls. That doesn't change the fact that his calls were the best.

>>19903730
>If you're a poorfag, you can't afford to lose it all, in which case crypto isn't for you.
Can't tell if retard or troll. Poorfags have no reason to be risk averse dumbfuck.

>>19903616
>200x
The fucking state of linkers. You're just as delusional as those who hold XRP.

>>19904271
If all the fudders are so convinced LINK is going nowhere why do they insist on spending so much time and effort being butt-blasted about it? Most FUD is actually pretty low effort, i take that back

>>19904271
fucking idiot
read it again

>>19903616
for sure will
maybe in 2060 staking goes live

>>19900286
I got 2 loans couple of months ago, bought 13k at $3.77. personally I think it is still worth it, even considering trying my luck for a third loan but also a bit scared of eventual total corona market collapse. Have enough cash to survive ~6 months of payments as some sort of an insurance.

>>19905468
13'000 links are enough mate. Taking out a third loan would only add risk.

>>19905507
I agree, just fighting my fomo urges daily basically

>>19900286
Now? Really stupid
In a week? Still fucking stupid, YOU HAD 3 YEARS!!!!

>>19900286
I would not recommend risking money you can’t afford to lose even if it is really tempting

>>19900311
Checked and based

very stupid(smart)

I'd like to see the look on the lender's face when he explains his "plan" to but a ERC-20 cryptocurrency token.

>>19900286
It would be blindingly stupid

Preface: I am dumb

Started looking into Link and I think I understand the gist but have a few questions that I’m struggling to find the answers to.

Smart contracts: so can anyone create a smart contract? How is this done? I’m trying to understand if smart contracts are vaporware or will be so cumbersome that they’ll be impractical.

Payment: so as I understand it, smart contracts payout in LINK. Is the vision that large companies will use these contracts, or mass use by people? I’m trying to understand the plan of how it will be adopted in the future?

>>19908069
Pee pee poo poo.

>buying link
Wait for the dip for now lol, this shit's going under $4

>>19908069
Just shut the fuck up and buy dumbass

How do I apply for a LINK loan? What do I tell the bank?

Jewish banker: so go on..

>>19908096
>>19908286
Alright cool I’m all in now thanks

>>19908308
tell them about "42" and his chainlink esoterica relating to kaballah and saturn