/biz/ - Business & Finance

unironically me as well, i need help

>>20388610
I feel like this as well
the stress is much more than I anticipated and we're not even double digits yet
that being said, DR;NS

Relax, just take a nap

>>20388610
>>20388651
Let's be honest here. Neither of you are holding until $500. First day at $100 and you two are dumping everything.

>>20388610
>>20388651
>>20388682
i can hold on to your link for you to take your mind off it

It has only just begun to leave the ground. Why would you sell now?

>>20388694
i'm thinking about selling my init investment then i will still have 3k+ linkies but i'm afraid

Same. Each dollar we hit feels like a struggle, rather than a success. Instead of being happy with $8.50, I'm upset it's not at $9.00.

>>20388771
my mood and energy levels are literally following the pattern of the chart, i can't take my eyes off the screen

I posted on here for the last 12+ months to LINKies who thought it was hard to hodl through the dumps.

You need to put your link away in cold storage and forget about it if you know your hands are pathetic.

Set small % sell targets to reward yourself and take some profits so you can feel your success tangibly if tbat is important to you.

Recognize your own strengths and weaknesses honestly, which is the hardest pill of all to swallow. NO ONE can hold say 10K to $1000 while living a poor fag life, it’s simply unrealistic.

Be smart, map your success with a realistic plan. God bless, and good luck.

Ah a new linkmarine I see. We pumped this coin when it was 0.04 JSON parser scamcoin to where it is now.
Just take it a day at a time. There have been Worse FUD and panic sells.

>>20388610
Just hold and believe brother

dont worry, 0$ soon

>>20388892
Based and human psychology pilled

>>20388892
>>20388935
it's becasue of lock down.. working from home i can have the chart open all day. when i had to leave the house i felt no stress and made better gains as i have even lost linkies because of taking out "rewards". is there any AA groups for linklets?

>>20388610
this is nothing, dont be a bitch. you need to learn to enjoy it. think about what you would do if you sold right now, and how lame that would be compared to waiting until its 4 fucking digits? laught at swingies and nolinkers, make memes with bros, keep your linkies safe. it'll be okay. you need to remember why you got in and why you believe. we're all gonna make it friend.

>>20388610
forget about it and do something else. nothing good is going to come out of you watching it, it will literally get worse and worse the more you think about it. fag.

>>20388610
>>20388651
>>20388682
>>20388694
>>20388704
>>20388892
>>20388942
>>20389053
>>20389091
It's not actually going to 1k.

mines the opposite. i have been more calm and collected, my depression has faded a bit and im utilizing the opportunity to try and get my life on track at least a little bit. we are gonna make it. i only own a miniscule amount of link tho.

just have faith, keep up your daily routine and give God time to work the magic behind the scenes and dont force anything. read some literature on stoic philsophy while your at it, and then hit the gym.

Just cash out your position already, or at least some of it.

I’ve been holding BTC since 2018, I went all in with a $70k bank loan. I went into LINK now I’m up to $200k. Just relax and believe

>>20389137
its going to 20k

>>20389028

I don’t know what your storage situation is but for coinbase they have a “vault” option which takes 48 hours minimum to clear a withdrawal, for example.

I do not recommend leaving your LINK on an exchange but make a system that make it DIFFICULT for YOURSELF to touch your LINK.

Put it in cold storage away from your fingertips.

I personally keep 2/3rds of my stack out of my immediate reach as simple precaution, even though I don’t swing or trade that much, I am playing with DeFi a little bit.

Even if I made a catastrophic fuckup I’ve secured a vast majority against even myself.

I'm the opposite, I got lucky and inherited 200k 10 years ago, but being only 25, had no fucking clue what to do with it. So it basically just sat in the bank, helped pay for a worthless degree, and helped my drug addict degenerate parents out until it was almost gone last year. I took my last $1k and threw it into link, then kept buying more when I had the chance, and now I'm sitting on 5.2k link and happy that I've almost turned it around. The next step is continuing to invest and just be smart with your money. Savings is for the old, the rich and the foolish.

>>20389420
All that being said, I'm blessed to work from home and make 10-15k a month, meaning I have plenty of excess income and can continue to invest. If you hold 50k dollars or more of link while simultaneously barely scrape by with living expenses, I can see it starting to weigh on your psyche. Just remember though, you haven't made it until you're set for life, everything else is just a slightly nicer TV/computer/car/house etc, bullshit that doesn't matter.

>>20389420

Make sure the end of that plan has you always holding some of that LINK.

>>20389492
Without a doubt. I plan to hopefully accumulate 10k link within the next year (assuming we don't just moon to $20 and stay there), then continue to invest and only take profits at intervals while always maintaining that 10k. We're all gonna make it.

I made 120k in 5 days out of an initial Investment of 4 k. Since then i know how mentally draining it can be to see 6 figures fluctuating like crazy.
Dont Kid yourself dear reader, you will almost guaranteed sein before 1k, or 10k. Its part of the game, because its not a 100% certainty it will reach 1k, maybe 95%, 98%, but not 100%, and when is another question..if we grab for 2 years at 600$, how many will sell an already 7 figure stack, Who wouldnt? You? Please. Only exceptional people will hold out so long, me? Probably not..

>>20389680
>sell
>crabbing
Phone posting faggot..

i have 56k link and every since the break upwards of 6.5 i'm mentally distraught and can't focus on working because why should i when i'm worth almost half a mill usd.

i never thought it would be so mentally draining theres nothing i do but stare at the charts all day. if link goes back down to say 4 dollars and starts crabbing i might have a complete breakdown

>>20388610
>>20388651
>>20388682

hello marines

>>20389830
Read my other post, >>20389420
a few hundred k ain't shit and won't cover you for the rest of your life unless you live like a hobo. When you cross 7 figures then you can begin to get nervous, but regardless, remember you're only looking for freedom from (((them))), if you're in this for lambos you'll never be satisfied.

>>20389969
its exactly why im so nervous. im on the cusp of making it. unironically if this goes to 20$ im retiring and most likely selling it.

i fucking hate being a wagebitch everyday. i don't want lambos at all i just want to enjoy a life where i dont have to sit in contempt for 9 hours a day and do household shit for 3 making me have maybe 2-3 hours a day to myself which isn't guarenteed at all

>>20388610
whats wrong with you? just chill and findsomething else to do

>>20390111
Just be happy then, you're close. Even then I wouldn't just sell at $20 (assuming you have a 50k stack which would give you a million), move enough out to stop waging for 2 years and continue to invest.

>>20389830

Sell a couple and treat yo self, buy a bike, go ride in the hills

>>20388610
You better sell now an economic collapse is around the corner . This is the top my friend. I think it will.be worth not much for a long time. Prep food, guns and ammo

This is surprisingly similar to comeup of euphoric drugs like MDMA, the anxiety of anticipation is killing me.

Why would you sell before staking? Lmao

>>20388610
same
haven't slept all week

>>20388610
Am I the only one who doesn't feel anything?
I don't feel any emotions when looking at my portfolio with more than 1M already.

When I tried to imagine what my life would be if I made it and didn't need to work 2 years ago I was unable to imagine it.
I wanted to free myself from my work which was pushing me into multiple burnouts, but now that I changed my mindset to only do the amount of work that feels good and healthy I am not even sure I want to quit my work if I don't need it.
Thanks to the corona virus I am working from home every day and only need to work a few hours a week and now watch japanese vtubers most of the day for fun.
But I don't need a lot of money for this activity and don't go outside a lot...

It feels like this big amount of money I am getting is a gift of the world to me for all the pain I suffered and overcame in the last 30 years.
Maybe I did enough and deserve to finally live a peaceful life.
Or the world gave me this option because I have something important to do with my remaining time and will need all the support I can get to achieve this goal.

>>20389229
based

>>20388610
don't. you should be selling your stack slowly so that you don't regret and are called a massive return if BTC starts going back down to 4k and LINK drops to $1

Just wait until you cash out, that's when you're really going to be a mess. Being rich paints a huge target on your back for all sorts of malevolence.You better hope not a single person in your life knows you are wealthy, and even if you were careful about that you aren't safe from all sorts of other shit. Good luck.

By all rights, I should be happy that I've "made" 15k (the quotations because being in crypto has taught me I haven't made shit until I've sold the coins and got the money in my bank).

However, I just feel shit about the fact that I COULD have made like 100k by now, if I had spent like 6k USD at 50c instead of the 1k USD I did spend.

I don't know what my 2k LINK will get me, but realistically I don't think it's going to be a life-altering sum when this could have been my golden ticket to not worry about paychecks for the rest of my existence.

>>20391365
Do you have some tips what these unplanned problem for a careful person could be?

I have been trying to prepare myself for this for some time.
The main issue I see is the risk of the government treating me like a drug dealer when I suddenly have a lot of money and taking my computer and wallets.
I have been wondering for some time now if I should encrypt all my data to be safe, but that's a real pain.

I have some ideas on how to protect my assets from the banking sector collapse and have learned money management enough to keep my wealth (All weather portfolio) with the only issue being the current paradigm change which is hard to predict and could have unexpected results.

I don't have friends anymore, and the only family member I still talk to occasionally is my mother but she is keeping contact with the rest of my extremely narcissistic and toxic family and I wish she would get a therapy to cure her codependency, because she may tell them something which puts me at risk.
I don't talk to her of my crypto and if I make it will probably only say I learned trading and made some smaller gain which I will use to help her financially a bit.

>>20389137
>>20389229
81k

>>20388610
By only having play money invested in the first place. Don't gamble and over leverage with shit you need to live.

>>20391674
The issue is you obviously never believed in your asset. You should have been continuing to invest, such even if you didn't buy as much at the beginning, over time you built it up. I got in much later than you, when it was like a dollar, and started out with only 1k link. I've continued to buy over the past year, and I'm now at 5k link.

>>20388610
Why would I sell? I’m going to live off the network

>>20390111
checked, nice - but you need to pull it the fuck together. if you sell at 20 you'll regret it for the rest of your life. imagine cashing out 1mil at 20, then having to spend the rest of your life watching link pass 100 + & all you can think is "if only I hadn't sold so early". you need to get used to having money & not let it freak you out, otherwise you'll just stay poor. having money is a state of mind - my link stack is worth more than 1.5mill right now, and I'm not selling a penny of it. it doesn't even make me feel anything - wait till it's 8 figures. but all it is then, is you being able to finally live the life you chose. don't let wealth spook you, otherwise you'll fuck it up

>>20391902
The government isn't going to do shit to you, I'm a literal drug dealer who makes 6 figures and have been doing so quietly for almost 10 years. You're a small fry until you get over a 100 million.

What you really have to watch for is the people you consider close in your life. It sounds like you have that under control so you should be fine. Also never, ever, let a woman know what your net worth is, unless the goal is to just fuck her and dump the bitch. In which case, I still strongly suggest using a fake identity or something.

>>20392069

That's true, I didn't, and to be honest I still don't really. I'm very cognizant of the fact that I don't really know much about crypto, and certainly not enough to evaluate the long-term prospects of a project besides the obvious pajeet scams.

LINK isn't the only thing I bought back then; I spend about 6k total on various crypto. BTC worked out all right, LINK was fantastic and the rest lost almost all their value. LINK held up better than most of the others even when it dumped, but at the time it didn't really stand out otherwise.

So I guess my actions had reasons (and currently I don't want to buy LINK due to seeing what happens when you buy ATH during the last big crypto bubble; to meaningfully increase my stack now would require me to put in much more than I'm comfortable with).

I have 10k on Coinbase and I feel anxious. Should I move to a ledger? Haven’t bought one yet. I feel it’s riskier than Coinbase. What do my bizlets?

>>20388610
just take a xannie and chill lil nigga

>>20389137
Umm no sweaty check my digits and or ID

>>20388694
Yep it’s easy to say you’ll never sell til $1000 but if your stack ever grows into the millions the temptation will be huge...

>>20392214
Thanks for the advice.
I remember a thread of someone cashing out in the UK who got reported by his bank for his abnormal amount of money and got arrested by the police who then searched his home.
I just hope it won't happen to me.

I also want to prevent my narcissistic family from accessing my wealth, because I am not sure how good deception will work, when I retire and my mother reports this to them...

What happens when you reach 100 millions by the way?
My original plan was around 5-15 million, but I may be able to reach this number if I am "lucky".

>>20388610
This anxiety could be to a number of reasons.
If you cannot afford this loss, then pull out. No shame. Just don't put it into fiat unless you really need the fiat within a year or so. If anything, pull out your initial investment so you don't feel like you could lose it all--you could literally only gain from that point.
If it's just a greed sort of fear... honestly just embrace it man. The ride is half the fun. When a lot of people have "made it" for themselves, still keeping some volatile investments is pretty likely for many. You should feel emotions, but you shouldn't let it fuel your investment strategy (to a point).
Also if your reasons for investing are not quite solid, that may also be a reason you feel uncertainty. You can take this time to solidify those reasons or perhaps second-guess yourself. But write it down so you feel more sure about whatever you decide to do.
Also not selling.

>>20392339
I don’t even know how to properly DCA but that’s what you should be doing. When it hits $100 you’re going to really hate yourself.

It hasnt mooned you delusional fag

The javascript has been hacked and now all LINK nodes are being affected, meaning they will go offline one by one. But here's the real trick; every node that goes offline first has to be validated by other nodes, Thus the first node won't go offline until EVERY SINGLE NODE has verified it actually has gone offline LINK will be in an infinite javascript loop. Maybe if you're a programmer you will recognize FOR and WHILE loops. Well.. This is a FOR loop that NEVER ends. The price will TANK to at least 100 satoshi. Maybe even lower when the nodes are actually verified being offline. Sergey is now busy setting up extra nodes to undo this process. Called contra-hacking. He has injected some GO-language code, pseudo-offline code, into the ChainLink network. This means nodes will appear the be online, while they are struggling to go offline, but in the meantime they cant because it isnt verified yet. Neat trick if you ask me, but it wont last long before the other nodes will know whats really going on.

>>20388610
just think, ''if it goes down, ill buy more''
Works for me

>>20392594
I don't even know what DCA means, which tells me I probably shouldn't be doing it.

>>20391674

Unironically just switch your holdings into Quant (QNT). Better fundamentals than LINK and still at less than 100m MC. I'm being serious anon. LINK has mooned, QNT hasn't. Today Quant have just announced the appointment of the former CEO of Comcast Cable Corporation (Neil Smit) to their board of directors. Guy Dietrich, director of Rockerfellar Capital managment is also on Quant's board. Martin Hargreaves, former Head of Product & Innovation at Vocalink (Vocalink basically runs the entire governmental payments infrastructure for the UK) left his position of 12 years to Join Quant. Elite- tier talent is being pulled into Quants orbit. Why? Becsuse these people aren't idiots and they see what Quant is.

You can still make it, anon.

>>20392690
Dollar cost averaging. Buying for a set amount each week, month or whatever

>>20392405
Yea dude you’re dumb get on ledger. They need the physical ledger to transfer. Coinbase you can get spoofed.

Yes sell now before next year's bullrun. Then you'll really feel like a dumbass

it’s scary how many people actually think it’s going to $1k. that number is a fucking meme and always was. some anon rolled 7777777 and declared my linkies stay super stinky $1k eoy and now everyone unironically thinks its possible. clown world

>>20392720
kek imagine still shilling QNT in 2020

>>20392911
It's going to $1500 ACCORDING TO TLtechnical anALysts

>>20392963

Imagine looking at the talent Quant are attracting and not investing. Some people can't be saved.

>>20392690
This, >>20392740
but this assumes you have money you're willing to lose. It works though, even if you only do something conservative like 1k a month (still tough to manage for a lot of people). Right now that would get you 100 link which sounds like nothing, but assuming it crashes at least once or twice over the next year (probably a guarantee), you'll most likely average out at least 2k extra link over that span, which is double your current stack.

>>20393741
If I double my stack by putting in 12k more I'd feel somewhat suicidal in the eventuality that LINK totally dumps. Which I still don't think is unlikely.

>>20394218
If 12k dollars is enough for you to feel suicidal you were never going to make it

>>20388610
>anxiety
Kys

>>20394324
Maybe. Just that I don't currently have a huge income and I have bad experiences FOMOing into something that has just mooned. Usually ends up being the wrong move.

>>20389137
*screeching autist noises*

>>20388610
thats what you get for not buying mini stacks that you plan to sell at certain price targets
the most painful period is the 90k-1.5m range where it would take you years of work to accumulate isnt enough to live comfortably/retire

thats why you buy extra that youre okay with selling so you can lock in 50-100k it takes all the stress away

So is it the optimal strategy to buy a great car and house so people respect you for being rich, but never actually reveal your net worth?

>>20395397
that doesnt make people respect u lol
no one cares about a shitty BMW or range rover/spec house
a lot of people just assume your house poor and overextended

>>20391256
dont look for meaning, you made that money, and like a hammer it means nothing until you do something with it, there are no moral tags, its just fucking money, dont make it into a religious thing, ur not meant for anything except for the meaning u keep.

It's only money dumbass

>>20395526
So are we just gonna sit on a huge secret bank account and act like nothing happened?

>>20395397
If you need a great car and house to get respect, you'll never get respect worth having anyway no matter what you buy

>>20395667
I don’t need to be rich to get respect, but other people knowing I’m rich is a desirable outcome for me.

>>20395634
Yes? Why the fuck would you need to flaunt your wealth. If you’re in this for anything but escaping wage slaving and starting a big white family, you need to re-evaluate your priorities.

>>20388610
this is how i feel when I see one of the "women" of /biz/ and I jerk off to her

$10-$100 is going to be the most difficult time for us all

the temptation of owning a whole BTC is getting to me. please help me sergey.

>>20396104
why would you want to hold that boomer dino shitcoin

just dont look at the price for a year
keep all your link on yobit, set a sell and forget it

the more i think about what it will take to manage my wealth, the less inclined i am to pull out equity. it's going to be an unimaginable chore to use it discreetly

bubble

Sell now, wait for the 40% correction and rebuy

How would you use $2 million to best secure your future and improve your life?

>>20395785
Ngmi

>>20390551
this 100%

>>20388610
poorfag detected
I'm also feeling it. Holding 11K