/biz/ - Business & Finance

>Lition (LIT) Token - Blockchain Standard For Business
https://www.youtube.com/watch?v=vpg6ghyi160

>>20998247
cringe

>>20997668
I have no idea why everyone is obsessed with running a trust node. Just lock your tokens up for a year for that 1.8x multiplier.

>>20998247
I think we need to shun this video and channel.

>>20998482
>Lock your tokens in instead of just holding them without restrictions + greater payouts

Goyim, I...

>>20998636
>in 1-2 years when it moons i will have 45k instead of 22,5k.
>why stake?
think a bit retard

>>20998636
What are the requirements for a trust node? Do I need some kind of powerful computer that is always on?

>>20998676
But I get creater payouts than you + I can choose when I can sell not like you stinky goyim. Nothing personel heh

>>20998636
I never denied that running a Trust Node was better. I'm just confused why people think that it's absolutely essential to make it. But if you're not willing to lock up your tokens for an extended period of time due to a lack of faith in the project then you're NGMI.

>>20998695
Pay for a VPS lol. You can technically get only 1k LIT and stake but I dont know any details about these kinda nodes. If you want to have a trust node you need +50k LIT + a rented VPS or some private machine. They havent announced the specs yet doe.

I have 60$ to add to my current crypto holdings of 6.5k, should I buy LIT or LINK?

>>20998764
I have more mobility with my holdings means that I wont gonna make it, huh? Interesting. I am also not implying that you wont make it if you hold for 2-3 years btw.

>>20998794
I have absolutely no idea why people still ask this. Look at how undervalued Lition is. Chainlink isn't even doing anything at the moment and yet it's in the top 10. It's clearly overpriced at the moment. Lition already has utility and mainnet 2.0 coming up. Is it even a question?
But you're an even bigger idiot for even asking /biz/ for financial advice.

>>20998860
>I have more mobility with my holdings means that I wont gonna make it, huh?
Learn to read. I said that if you're not willing to lock up your tokens because you don't have faith in the project then you're NGMI. This means you are very likely to sell and very likely to sell too early.

>>20998931
>What is swing trading?

>>20998482
>why obsession with trust nodes
THANK YOU, based anon.

Outage in my area last night. Thank Richard, I am only pool staked for 90% of node profits and not running a trust node.

>>20998961
Definitely NGMI lol.

>>20999014
Fill up your wallet and be one of us! Do it!

>>20998791
Ok, I guess using a Digital Ocean VPS or equivalent should be sufficient

60k staked. Will be 70k at the end of the year.

>tfw you know you already made it

>>20998482
Being a trust node allow you to stop staking at anytime.

Flawless victory.

>>20999576
>Implying I will want to stop staking

>>20999699
>Implying you want to miss an ATH for selling.

>>20999833
Yeah because the ATH will be constantly changing and unpredictable. I don't pretend to know what the market will do from day to day (and you don't know what it will do either), but I can predict the general movement of certain assets over a few years. I actually care more about Lition for the staking rewards than I do for the price. But either way Lition will rise so much higher than it already is now that trying to time the market becomes unnecessary.

>>21000071
>LIT long-term staking
Based LIT-tard

>>21000071
Agree. Doing both sounds legit.

>>20998636
>>20998676

staking is unironically great protection against selling too soon

>>21000431
Staking is going to prevent many LITION su_cides.
>>21000275
Look at that slightly sauced frog enjoying his staking pools...
>>20998482

>>20998247
based

>>21000071
Time in the market beats timing the market. This will be proven to be particularly true for Lition.

>>20998794
>Should I buy the 3.2 billion dollar marketcap or the 6 million one for a 100x

LITION CROSSED THE 10c BARRIER, BLITZKRIEG HAS BEGUN !!!

Thread theme:
https://www.youtube.com/watch?v=XbQrGaTm02Y

>>21001289
Ein reich

>>21001436
Ein Führer

>>20997668
Just to be clear, I’ve never seen anyone suggest that tokens already staked in LPS contract can be auto-rolled into a trust node once mainnet launches. I assume the already staked tokens will remain as such until their contracts expire - otherwise there will be a lot of angry hodlers who have been waiting on staking because of news of impending mainnet.

>>21002765
>I assume the already staked tokens will remain as such until their contracts expire - otherwise there will be a lot of angry hodlers who have been waiting on staking because of news of impending mainnet.
genau

T. 100k big balled chad

We are just starting the run to the top 5 gonna be a fun ride

>>20997668
how much for a node?

>>21003098
>50K

Why the pump? I thought that was 2 months away still.

>>21003300
you will be asking yourself this for the next entire year

>>21003098
>>21003223
That's for a trust node and not a regular node. A regular node is just 1k.

>>21003300
I assume "that" is mainnet. We know that it's coming in Q3 and people are anticipating it. You've also got to consider the general market pump.

>>21003399
what's the difference between running a normal node and a trust node?

i bought 20k of these and it already doubled. dont even know what it does

>>21003929
A trust node gives you double the rewards

bump

>>20998482
>I have no idea why everyone is obsessed with running a trust node. Just lock your tokens up for a year for that 1.8x multiplier.
I agree it's not worth the obsession, whoever got in at this level will be very happy in a few years even just for the price increase. The 1.8x multiplier is already extremely good and it's arguably safer to just stake on LPS.
I will go for the trust nodes as soon as possible mostly because I think it's "fun" to set up and monitor nodes, but I won't sell any time soon.

>>21005551
Could a retard (like me) be able to set one up or would you need to be a computer nerd?

>>21005741
we'll know soon

>>21005741
You are probably underestimating yourself. Anyway, it will also depend on the quality of the guides (I would be happy to do one myself)

Lets break 500eth on idex

>>21005741
>>21005887
And I want to add, I have seen complete noobs taking part successfully to the medalla genesis block today, thanks to dedication and good step-by-step guides. If you want to do it, you will manage.

Is 1.8x multiplier, etc for LPS only during the Genesis Phase?

>>21006163
>Is 1.8x multiplier, etc for LPS only during the Genesis Phase?
no

>>21001289
this must be in the OP for next /litgen/

>>21006163
I asked the team about a month ago and they said the multipliers are here to stay.

>>21006808
Based. LPS forever.

Last bump for tonight. Gute Nacht.

Bump

>>21007615
>>21008620

Probably one of the biggest LIT holder on biz, don't bump anymore, if the thread dies the thread dies, let the newcoiners buy 10 usd link fuck them and their pea brains they don't deserve to make it