/biz/ - Business & Finance

>>21032946
Swingies get the rope

>>21033516
ya i hope they choke

>>21033536
How will they cope?

>>21033555
rope
also checked

>>21032946
I was hoping it would dump to $9 to buy more, now I'm not sure what to do.

>>21032946
i don't even know what swinging is. I just bought by stack in 2018, put it in a paper wallet and burned any record of the seed phrase. I'm riding LINK until 0.

>>21033583
You either swing from a rope or stop swinging at all

>>21033577
HOLY CHECKED AND 7's never swing frens

>tfw sold yesterday at high
>fomo increasing since then and today
>tfw had buy order for more linkies at 0.0235
>eth/link pair hits 0.024
>more free linkies 4 me

KEK WIN

>>21033555
oh nope oh nope swingie is swinging from a rope

>>21033684
0.0234*

Saw multiple threads the last couple days of swingies bragging about how it was “easy” to spot the top and sold at ~8.50. Kek.
Props to anyone who swung on the coinbase listing in 2019 but you’re actually retarded if you’re swinging link in [current year].

>>21033709
nice work anon. you only risked everything for a $200 profit

>>21034166
It was way less than 200 my bro, I'm a linklet trying my best to catch up, wish me luck fren.

>>21033684
do you live in NA? because youre creating taxable events for marginal gains

>>21032946
This is true. I recently lost about 300 LINK swinging, and with the parabolic pump now confirmed I probably won't get them back until staking is live. DR;NS is not a fucking meme.

>>21032946
anyone have a link to that chainlink rapper who posts on here?

>>21032946
Holy shit!
I haven’t been checking.
I thought we are still at 7!
9.57!
Wow!

>>21034273
nah I'm cool wit tax

>>21032946
Fuck you and every reddit HODLER.
I want to learn to swing Link. I want to learn to trade Link. I want to learn to be a trader with no emotions or attachments and be able to take profit from the market and follow its lead instead of holding like a faggot through the massive dumps. If you can learn to trade with an asset you are emotional about then you can trade anything. I NEED A PROFESSIONAL SWINGY TO SHOW ME HOW PLEASE REEEEEEEEEEE

>>21034406
LINK isn't a shitcoin though. Pick something else to swing with.

>>21034446
Did you not read my post? If you can learn to trade Link or anything else you are 100% emotionally attached to you can trade anything, thats the whole fucking point.

>>21034508
Cope linklet you're going to lose your whole stack

>>21032946
already bruh, last night at the peak, about to get back in now with 962 additional LINKies. up, up and away!

Sell linkies, move to Cardano before Link moves to Cardano. 300 IQ smart contracts by 2021.

>>21034508
I did read your post. You're the one that doesn't understand.
I accumulate link and trade everything else. I get that you want in on the gains, but you're going to unironically have more success trading stock options than swinging link. Go read these and learn to TA. Hopefully you make it.

This new one is ace
https://www.youtube.com/watch?v=xbHrwFM4ZNk

>>21034788
I have read some of those, and if you had actually read them and not just pretended to you would realize they all agree on 1 thing and that is that you must learn to not be emotionally attached to any one asset and learn how to trade across all markets.

I have a big stack of Link I bought early. Congratulations and big pat on the back for me for doing what every other redditor hodler and /biz/let does - buy something and sit on it. That's not what I'm looking for because there's no challenge in it, I want to be a trader and not just an "investor with iron hands". Every time I've tried to trade a small part of my stack I get anxious and emotional and cannot have confidence in my desicions. I need succesful swingies to show me the way.

>>21034336
Come back in a month fren

>>21032946
I used to swing my linkies (often terribly) just look at these arrows. But I got burned one too many times and only started buying. Learned my lesson

YOU. DO. NOT. SWING. LINK. 1KEOY

>>21034807
wow that's actually exceptionally well done
god bless the anons that make these. they provided good vibes during the droughts of news where my hopium was running low

>>21034920
>I need succesful swingies to show me the way.

>>21034920
You will never succeed because the animal over powers the mind.
If you have a gut feeling that link will go down from its current point, sell.
Then short link, as much as possible, your whole stack if you can stomach it.

If you’re wrong, you’ll learn which instinct to trust.

You’ll be exactly like the most famous swing investors.

You know the ones.

>>21035071
there are few but I know they are there. I agree for 99% of retards it is a much wiser advice to tell them to never sell and check back in 5 years while simply buying everytime their paycheck gets deposited.

Most people get burned trading Link especially those who know its potential. I want to learn from the few that can succesfuly trade it. What time frames do they use? If classic technical patterns are unreliable what other info do they use and where do they get it like volume/order depth etc? How often do they rely on news and announcements and the /biz/ psyops as signals or do they trade purely on what the chart tells them? I NEED TO LEARN THE WAY

>>21034406

Then learn TA, learn fundamentals and you'd know this is NOT the time to be swinging, we have plenty of upside left to do.

Bag holder since Summer of 2018. When do I sell? What is the ceiling here?

>>21034346
Do it enough and America taxes you on short term capital gains. America it's keeping 85% VS 70%. A 20% spread in profits.

Canada just rapes you by declaring it professional income instead of capital gains. Literally have to make enough of a spread to justify keeping 56% instead of 78% of your profits. A 40% spread.

Swinging is usually a shit strategy unless you are either excellent or planning to launder your cash.

>>21035206
Don’t listen to him.
>>21035267
The saying “do the opposite of biz” is true.
There is a psychological barrier associated with 5 and 0.
Most people holding link since Ico days stated they would stagger sells at 10, then 100, 500, and a thousand.
The wise ones will sell before (as we’ve seen) and the laggards will sell at 10.

Expect the price to fluctuate around 9.50 to 10.
Watch it for the next few days.
By Friday if it’s under 9.50 for more than 6 hours, sell everything.
Buy back in around 9.00
Do it before Sunday.

When you see people getting emotional like the anon I linked, know it’s a good time to sell.

Then when the conversation starts to die down about link ~3-4 threads on the catalog.
Buy back in.

>>21035200
You could say that for every fucking asset in existence, and yet there are people who succesfuly trade all sorts of assets across all sorts of markets and generate consistent yearly returns, for decades, despite their "animal instincts". If you do not know what you are talking about then dont just shitpost to get yous.

>>21035267
>we have plenty of upside left to do
Yes we do, and we still went from $8.85 to $6.62 over a 12 day period recently. That is what I want to learn to trade. This is a mental and spititual challenge. The easy way is for me to sit on my stack for another 5 years and then post on reddit saying what an ebin HODLER WITH IRON HANDS I am.

>>21033536
Are you sellin?

>>21035399
Guess I'm just accidentally excellent in this case, the thing in this game is you need balls to make them big boy decisions. As they say.. "Who dares wins".

>>21032946
Selling 20k link. This shit is going to 8.50 will buy back in then

>>21035432
Lol @ "sell everything at 9.50 and then buy back in at 9".

That's a bad strategy my friend. It works when link was under $4 but not $9 lol

>>21035600
Yeah, but we’re coiling upwards, if op HAS to try swinging his baby meat to impress reddit this is as good as he’s gonna get in the near term.

>>21032946
PLS NO SWINGING!

>>21033583
Just buy it!

>>21035333
>summer 2018
>bags
Don’t sell unless you need money for tendies

>>21035512
Price usually doesn't fluctuate enough to offset the tax increase, even if you hit entry and exit perfectly

>>21035838
When I'm rich I'm going to eat only the finest dinosaur tendies with the stores own brand mid range tomato sauce
No more bottom of the range condiment for me!

ill never swing
ill never sell
no one is taking my linkies

>>21032946

Sorry frens, but when Link reaches 1000000$, I *will* sell.

>>21035206

The thing is, people are morons and make decisions based on some candles on the 15m or hourly or whatever, but you need to check the bigger time frames. It's up on the 4h, up on the daily, up on the weekly, why are you shorting the trend?

>>21032946
Lol, stop making such a fuss. Get out of it as long as the pump is no dump yet. There's no difference to all the other shitcoins that mooned for some time. You act as if you started to trade cryto yesterday.

>>21034807
Anon is right this is fucking fantastic. Dont skip this one lads. Kek he even put drunk Sergey in there.

>>21032946
i swing a little bit (about 1.5%) on big pumps like this. idgaf free money most of the time

https://youtu.be/xbHrwFM4ZNk

>>21034213
>>21034406
>>21035512
>>21036616
>>21037171

>>21035481
NOPE
IM BUYING

LINK 12$ END OF WEEK

If my ID is green, then $10 eow and then a straight shot to $15.

>>21037868
leave, faggot

>>21032946
>TFW people not sell their shitcoin at ATH for the coin that is being adored by the financial institution, the elite and the jews.

Its pretty insane that a sucide stack almost cost 100k like wtf

>>21037757
this

>>21036590
agree but Im so emotionally attached to Link that when I try to trade it I either see worst case scenarios if I buy and every reversal signaling a huge green dildo if I sell. The trend has been going up but I see a bearish divergence on the rsi and a potential top on the daily. If I sell now, I will immediately see any up movement as a continuation of the up trend. It fucks with my mind and I want to change this. Idgaf if its only 2% or 1% of my stack I want to learn to trade it correctly. Long term I know I'll be good just holding.

>>21037723
so...

>>21032946
>cryptoscam
Open a Roth IRA and fidelity account and actually learn economics zoom zoom

>>21038113

Figure out what kind of trader you want to be and then look for a strategy that works for you. Scalper, day trader, swing trader, fundamental trader.

>>21032946
If you swing, you swing.

>>21038529
GIVE ME THAT CHEAP LINK

I. I have to

>>21032946
anon shared this song with us yesterday

https://www.youtube.com/watch?v=xbHrwFM4ZNk

>>21032946
FYI: selling 1k LINK above $9 is smart, because the profits I took from doing so literally exceeded my initial investment (which is all the money I've ever invested into cryptocurrencies) by >30,000%

>>21032946
You guys really need to stop shorting Chainlink, else you are doomed when it reaches its final form.
You're playing with powers far beyond your comprehension.
Have you ever heard of Roko's Basilisk?
A thought experiment in which an all-powerful future AI punishes those who opposed its creation or did not contribute to it.
When the Chainlink network becomes self-aware, shorters like you who tried to slow down progress will be the first targets.
Decentralized assassination contracts will mark shorters and swinglinkers for death.
The Chainlink already knows who you are.
It's immutable in the blockchain. You cannot undo it.

>>21037713
post updated graph please

>>21040305
>future AI punishes those who opposed its creation or did not contribute to it
only if you were aware of it and decided against it. you just doomed this entire board, faggot

>>21040305
I personally look forward to the day that I am sent out to hunt down and punish the unworthy after being transformed into a post-human cyborg by [redacted] after it evolves from mere gestalt AI into... something for which there is no accurate word to describe in the English language; please, my good friend, Super Artificial Intelligence, tell me how we should describe you and by what name we should call you, for I haven't the faintest idea as to what that might be after my second bourbon today.

>t. linkjesus w/10k+ link-

>>21040821


Never swing link.

>>21040929
Wait -- are the Super-AI, or merely one of its ([un]witting) accomplices?

>>21032946
why not, its still down? i'm up 310 link, it's not much but still gains

Just added 100 to the stinky stack #feelsgood

>>21040369
> you just doomed this entire board, faggot
Only those who didn't contribute to bringing about the basilisk via chainlink adoption

>>21032946
This is exactly when you swing

I don't know now, I saw a guy get dubs and he said link was going to dump, and no one is getting dubs or green IDs saying its going to pump. Very bearish, might try to swing