/biz/ - Business & Finance

>>20346216
buy my bags. the post.

>>20346260
Kek, yes because I would make this post if I wanted to sell for massive profit when I bought at $0.20. There's plenty of liquidity to sell on Binance if I wanted to cash out. Figured I throw you plebs a bone.

>>20346216
pretty spot on prediction

Thanks, buying 100k

>>20346216
Tfw only top 400 wallet.

>>20346216
is 9.7k enough to make it?

>>20347404
Higher than most. Everyone is completely disregarding the fact BNT is so low on the DeFi totem, all of it's cousins are much much higher. We'll see the majority of DeFi plays in the top 10 before years end.
>>20347432
That's a decent stack. Depends on what is making for you personally?

Protip: I'm an old fag.

>>20346216
Hey man so I am actually really interested in BNT, but currently 100% in Link, now I am part of the BNT telegram and they predict V2 will be completed late july/early august, in your opinion is it worth investing a portion of the LINK stack round Jul 25-27th or would the whales already start pumping BNT by then anyway?

I am in

will sell at $17

>>20347594
Deposit link to aave -> take out a loan dollars or some worthless asset like 0x -> exchange for bnt -> wait for bnt to outperform loaned asset, buy back loaned amount.

>>20346216
I have 2k and feeling comfy. Is there a date for v2?

>>20346216
It already did. I made good gains but they're going into LOKI now. I suggest you do the same.

Given that BNT actually generates more earnings than LEND in its current form, with the update to V2, a 10x actually seems conservative. V2 is only constrained by how many Chainlink oracles exists, which continues to grow.

>>20347654
Thanks for the response, that does seem like an interesting plan but If im honest I always try to play safer than riskier, and loans seems like a no-go knowing my luck lol.

>>20347594
BNT is pumping regardless of what happens. Go look at the Aave charts, it's been vertical for 8-9 months. That's where BNT is currently, in the first 2-4 months. I have no doubt LINKies might not stay stinky and pump to $10-20 in the short term, but it's already a top 10 coin, it's much harder for LINK to see the same gains as something like BNT. I already took massive profits from LINK and doubled my BTC stack, I hold a small suicide bag in case it continues to pump. I'd take 50% of your LINK profits and market buy BNT.
>>20347625
Good man. Unironcally, $17 actually isn't too crazy of a price target. 69m supply is quite small, all things considered. Hold strong, we might see some intra-month red, but mid term, we're going up a fuck ton.
>>20347654
Fuck leverage. Honestly, since I almost lost my ETH stack fucking around with MakerDao and Black Thursday, I learned my lesson. Up 800% since then.

Unrelated note, seems like BNT always pumps 2/3rds of the way through the month, just something I noticed.

>>20347751
Just keep your health factor high enough, with a health factor of 4 link would have to dump to like 2$ for you to get liquidated, and that's assuming your loaned asset doesn't dump as well, if you took out a loan in something else than stablecoins.

the audit has failed. the team are waiting until last day of the month to announce v2 will be delayed

>>20347589
Hard to say but I want to get my poorfolio up to 6 figures which requires a 10x minimum.

Feels like I'm late buying at 1.53. You think I should go all in now or ladder?

After getting fucked with impermanent loss in the Ampleforth uniswap pool I'm quite excited for Bancor

>>20347930
This is top tier fud. Every time I see you post this in a BNT thread, my heart skips a beat.

>>20348044
>This is top tier fud. Every time I see you post this in a BNT thread, my heart skips a beat.
>He thinks it's FUD

>>20347694
I was involved with LOKI a loooong time ago. Just sorta lost interest desu. Decent project, but I don't plan on buying any.
>>20347699
Yeah, I thought about putting 20x, which is possible, but 10x for sure. I'd say within 4-6 months.
>>20347751
>>20347846
Don't listen to this anon. Leverage will be your demise. Unless you've already made it from crypto and you can baby sit your positions 24/7, and accurately manage risk profiles, don't fuck with it.You'll end up losing a big chunk due to ignorance / greed. BNT is unironcally a chance to 1000%+ your portfolio in half a year, or less. If you're expecting more than that, honestly go kill your greedy self.

Previous threads:
>>/biz/thread/S19169080
>>19169216
No thanks, keep this hebrew scam to yourself
>>/biz/thread/S19155665
>>OP
>Tether market
Sure dude, this is not a pump and dump at all.

>Plebs never gonna learn.

Any idea how and when this will increase? Is it generally volatile?

Based OP.

Wish I had the balls to all in BNT, but im 90% LINK and 10% BNT.
That being said, I have a comfy 2.5k BNT stack. Will see how it plays out.

>>20347930
False. They're literally on the verge of open sourcing code with a bug bounty.

>>20348403
BNT has been accumulating between 1.48 and 1.60 for a couple weeks. It hasn't seen the same action lately as the other defi and it's probably because of the uncertainty of v2 hanging over...that and it's barely shilled at all.

>>20348527
Swung my AMPL gains to go all in on BNT.

>>20348801
>1 week, not a couple

>>20348801
>1.48 and 1.60
You think going all in at 1.53 is a good entry?

>>20348403
Did you even read the thread anon? Are cryptos volatile? If you're asking these questions, just buy BNT and don't look at it for 6 months.
>>20348527
While I love link, it's surely relatively climaxed. That's not to say it couldn't pump to $10-20 over the coming months. But a 10-20x is much more appealing than a 2-3x. I'd rebalance that portfolio to at least 50/50% link bnt. If link continues to find heavy resistance @ 8000-9000 sats, shift more into BNT.
>>20348801
Kek, you guys are so simple. Look at the monthly charts, it's a fat green one, will 17 days left to go higher. There was a pretty bad bug found in BNT 1 month ago or so. Last month BNT was $0.50 - $0.75. Sure, V2 might be delayed, but that doesn't mean whales aren't accumulating the most bang for your buck DeFi play. You gotta think big picture.

As I mentioned in my OG thread @ $0.20, less shilling is better. High amounts of shills indicate tops / plebs buying in.
>>/biz/thread/S19038591
>>20348802
Good move. I avoid lesser known projects for quick P&D's, can't be risking big stacks in those areas.
>>20348933
Unironcally - yes. Better to DCA over the next week or so, but you'll quickly wish you bought more, sooner.
>>20348032
You sound desperate, don't make decisions from a point of desperation. It will not end well.

>>20346216
Bnt and rune are good buys.

>>20349064
>Did you even read the thread anon? Are cryptos volatile? If you're asking these questions, just buy BNT and don't look at it for 6 months.

Been on crypto for 3 days in total. Made $100aud buying in and selling Chainlink. I've got some money I'm prepared to lose in total while risking it for profits.

>>20346216
I would tell you there is better risk in ultra low caps like EPIC desu

>>20349064
>High amounts of shills indicate tops / plebs buying in.
Saw it with AMPL. Threads were comfy as fuck 2 weeks ago and over the last 5 days you can tell the retards were in and that it's tapped out.

Felt a bit dirty going all in with AMPL but after I got ruined with ALGO I had to make my losses back quickly to catch the defi hype

>Unironcally - yes. Better to DCA over the next week or so, but you'll quickly wish you bought more, sooner.
Fuck it I'm going to try and get to 7500 today and try and catch a sub 1.50 entry for the last 2500 if I can

>>20349158
You are in for one hell of a bumpy ride, my friend. Luckily, you're coming into the markets as we're slowly entering into a bullrun, so you'll more than likely make money. But take heed, these markets will flip you upside down and make you vomit. Don't pay too close attention, it'll drive you mad. Find some good projects, I like DeFi plays, like BNT, throw some money and wait for the macro swings. (1 Month + trades) Day trading can be profitable, but I go back to what I say here: " Unless you've already made it from crypto and you can baby sit your positions 24/7..."
>>20349171
>>20349112
ultra low caps actually present more risk, but a higher reward if you pick correctly. I use to fuck with them, made my money and ran. Now I play larger swings in the top 200 or so. ""relatively"" safer.
>>20349253
I actually like ALGO and recently had a position, sold it off to finally get my wallet into the top 250 BNT wallets :) Best of luck, anon. I strongly believe BNT is going to 10-20x over the coming 6-8 months. The question is, can you wait patiently?

side note, check out this blog: https://cryptokek.com

>>20349064
>While I love link, it's surely relatively climaxed
I dont want to piss and shit all over your thread because i love BNT too, but i heavily disagree.
I wish you the best OP, may BNT make all of our short term dreams come true.

>>20349365
>You are in for one hell of a bumpy ride, my friend. Luckily, you're coming into the markets as we're slowly entering into a bullrun, so you'll more than likely make money. But take heed, these markets will flip you upside down and make you vomit. Don't pay too close attention, it'll drive you mad. Find some good projects, I like DeFi plays, like BNT, throw some money and wait for the macro swings. (1 Month + trades) Day trading can be profitable, but I go back to what I say here: " Unless you've already made it from crypto and you can baby sit your positions 24/7..."


So you reckon it'll drop back below the price it is now?

>>20346216
all the replies in the 0.20 thread are an excellent example of how stupid every cunt on this board is

>>20349365
>The question is, can you wait patiently?
Put it this way, I was in the Ampleforth uniswap liquidity pool and I got heavily fucked over by the impermanent loss when AMPL started skyrocketing. My stack got diluted down and capped my potential gains in that play ("lost" 12k USD).

BNT v2 solves the impermanent loss problem along with a bunch of other things that affect liquidity providers. Frankly if I wasn't in the AMPL LP I doubt I would have discovered BNT.

I think that defi is the new ICO hype. Even if it doesn't work out that way I think that most liquidity pools will migrate over to BNT because it's so much better than any other tech out there along with being established.

>>20349404
Appreciate it mate. You forgot the very next sentence lol? "That's not to say it couldn't pump to $10-20 over the coming months." maybe I should have added weeks / months*.

I'll post a link to this thread in 4-6 months time if you're still around. Should be interesting to compare Link vs BNT.
>>20349417
I mean, at this point it's pennies on the dollar. It might swing a little bit, but I wouldn't pass up this entry point. Again, you could always dollar cost average if you want to reduce risk.
>>20349492
Gotta start somewhere, I suppose. Everyone's a bit ignorant, yeah?

>>20349589
>BNT v2 solves the impermanent loss problem
no proof of that has been released

>>20349716
Mitigating then. Either way it's an improvement over what's currently out there.

>>20349638
>I'll post a link to this thread in 4-6 months time if you're still around. Should be interesting to compare Link vs BNT.
I will be, I can't escape this place. been here for 3 years now and no matter what happens ill be here at least 5 times a week.
I look forward to it. DeFi is going to make things very fun for the next few months

>>20349792
>I will be, I can't escape this place
>tfw been here since it was spun off from /g/ in 2014

>>20349820
Based and forever pilled

>>20349792
Honestly, let me correct myself. DeFi has the potential to quite literally be very fun for the rest of time. At the very least, the next year or two could be the biggest hype phase of anything in recent history.
Here's to hoping it all works out as intended. The possibilities of DeFi could actually change the entire world, with access to stable financials for 3rd world people with shitty infrastructure in their own country

>>20349783
I agree, actually. Until we see implemented code with realized working changes, it's purely speculation. But hey! WE'RE IN THE MOTHER FUCKING WILD WILD CRYPTO WEST!!

Anything could happen. (BNT 10-20x+)
>>20349792
>>20349820
Ah fuck mates, I'm not the only trapped soul inside this cesspool? Godspeed, anons.
Concur on the DeFi thing, it already is. LEND recently broke its BTC ATH. I think it's less of "alt szn" more "defi szn" type weather. It'll probably last until the BTC bullrun "eventually" rolls through.

>>20346216
I bought 8.5k of them some weeks ago.
I don't expect to make it, but to get a nice amount of money.

>>20349962
There's two things that worry me about this play in the next few months.
1. As you said BTC could pop off and go on a run, crushing alts
2. Global economy takes another dive. Cryptos are 100% correlated (see March) and will crash in to the floor

>>20350250
depends on how long you plan to hold. Short term, good money - long term, great money.
>>20350285
If BTC pops off, everything will suffer. I tend to believe alt season will last a good while, DeFi alone is a game changer, much more productive & revolutionary than the ICO mania. We have coins like SNX, BNT, LEND, etc, not even near the top 25. COMP is the biggest DeFi play, and it's rank 29. We have much more room to go up, in this sense.

The crypto to stock correlation meme is a meme. Yes, they're semi-correlated, until they're not. Which, will happen sooner or later. Honestly though, who fucking knows with the US stock market, I was expecting a great depression months/years ago, and the shit just keeps inflating up. Fun fact, during the hyper inflation of Zimbabwe, their industrial complex never actually crashed, it simply inflated to god like numbers (in a bad way). Maybe that's what we're seeing with stocks like Tesla, S&P, Dow, etc etc. I think it's likely USD hyperinflation is occurring at this very moment, along with other world currencies.That's why eventually, Bitcoin will make it to 100-250k.

pic very much fucking related.

>>20350714
>. I think it's likely USD hyperinflation is occurring at this very moment, along with other world currencies.That's why eventually, Bitcoin will make it to 100-250k.
>tfw hedging with gold, gold miners and BTC

>>20350714
you convinced me. I will buy 1k sucicide stack just in case

>>20346325
cope

>>20351158
While buying BNT is the goal, it's not the objective, if that makes sense. I'm actually trying to help some anons "make it". But we have brainlet-anons like below who are actually sub 50 IQ and can't hold a conversation for more than 4.9 seconds and just FUD with pointless comments.
>>20351215
nice samefag. You're adding 0 value to this thread. I hope you cope, rope, while I grope.

>>20351366
>CB listing
How is this going to work if burgers are banned from using from using bancor?
https://support.bancor.network/hc/en-us/articles/360029588431-US-Service-Restriction

>>20350935
Gold almost near it's ATH, that's exciting, sort of proof we're in a recession / inflationary period. On the CB thing, in the same way Binance banned US customers and made Binance.us - Everyone will just use a VPN lol. Pretty much all of the exchanges dont give two shits if you connect with a VPN. As far as they're concerned, they did their part, CYA. Also, vast majority of people in the crypto ecosystem know how to use a VPN, it's not hard. Shit, Opera has one built in. Also, as noisy as the USA is, it isn't the entire world. None issue imho.

>>20351366
Checked
>While buying BNT is the goal, it's not the objective
Are you referring to stacking sats?

>>20351366
What are BNT make it/suicide stacks?

>>20351718
In a sense. I don't really care so much the coin, but how much it's worth and that it's increasing in value.
>>20351812
Matter of perspective. Regardless, the profits in percentages will be insane. 5k is suicide, I suppose.

>>20351679
Highly suggest you read this book if you haven't seen it before.

>>20352162
I hate swing trading. I'm no good at it and I always time incorrectly. I also don't like chasing quick pnds as I again, don't have the chops. I just like to be a vanilla long investor so I can live my life and not feel like it's going to crash.

I'm currently 40% ADA/ 30% LINK/ 20% BNT/ 5% ETH/ 5% LEND. I'm thinking very hard on moving some ADA to BNT, but I just feel comfortable with 20% and more feels riskier...even if I feel there's a good chance it does 5-10x. I don't know. Am I crazy?

Hey guys, whats the difference between these DeFi projects.

For example, Ren and Bancor?
Can be difficult to pick between the DeFi cryptos, especially if you can only pick one.

>>20347681
ETA is end of July

>>20351718
You ask me it's getting profit to stack assets that will do well in a hyperinflation environment (gold, BTC)

>>20352428
Honestly I reckon you could could condense that portfolio a bit, or at least less ADA more LINK, the market for stealth is a fraction compared to institutional need for LINK

>>20352488
https://drive.google.com/file/d/1_pjGxEdCgZDnzvhWFDuBjAT2o5C965gP/view
Here's a good slide deck on defi projects I found on twitter. Take it with a pinch of salt.

>>20352509
The ADA position looks bigger, but that's because I plan to offload 20-40% of it and then stake the rest. I'm just waiting for the 2-3x that I think is fairly certain to come. But you're right, it might be better suited in LINK even in the short term. Sadly, LINK just started a nice climb today, so it's unfortunate I didn't move on that earlier. I may take ADA down to 30% and distribute that into LINK/BNT. The LEND I wanted to hang onto for potential CB listing, but I'm already up a happy amount. The ETH is...I don't know...just in case they pull a rabbit out of their hat with 2.0? I should really only have enough lying around for gas. Thanks for the input, anon.

>>20352362
Sweet! This is a book thread now! Related.

>>20352428
ADA is vaporware last time I researched it. I'd exit it entirely. Increase your BNT and ETH positions, namely the former. More risk BNT, less, ETH.

>>20352488
I took big profits from the recent ren mainnet launch + pump. If you choose ren, DCA or wait to buy in, topped out imo. Or just buy BNT as the data suggest that I've presented.

>>20353114
forgot to mention dalio gives it away on his site but you need to put in your email. libgen link to circumvent that: http://libgen.li/item/index.php?md5=BCBC270A31D38236C87FC78F575935A7
thanks for the recommendation will check it out

>In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
>This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.

Some great advice in this thread from OP pcking up a small bnt bag now

>>20352162
What's your target(take profits) for BNT?

>>20346216