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/biz/ - Business & Finance

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21177372 No.21177372 [Reply] [Original]

>$12.64

>> No.21177416

>>21177372
LINK is making me suicidal because I bought the absolute top this morning and it crashed as soon as I bought and I’m poor so losing 1500$ hurts a fucking lot

>> No.21177432
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21177432

>>21177372
I bought in at 13.40. I have almost 3k link but now I’m seeing my life savings dump

>> No.21177438

Give the Ledger back, Trayqawn.

>> No.21177445

>>21177416
How about you send me that money instead of making dumb decisions

>> No.21177449

>>21177432
SAME

>> No.21177486

>>21177416
come on anon, how are you this dumb, just hold on for another month or 2

>> No.21177593
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21177593

>>21177416
welcome fren, this is called bonding - it's what everyone here has been through. after a while it will make you stronger and you will become numb to all price movements, up or down. that way it trains you not to sell too early. just stay strong anon, and hold on tight. in a few weeks you'll be laughing.
ps make yourself comfortable because, even if you don't yet realise it, you're in this place with is forever now

>> No.21177757

>>21177416
>>21177432
>>21177449
Okay, how do you morons always fucking time the top?
Where the fuck were you when we were in accumulation phase for over 2 fucking years. You even had a crash in March to accumulate.
What goes through your mind? Oh this is going up, let's buy into it.
For most of the normal holders (non LINK cult members) this is the time to take profits and ride the wave.

>> No.21177789

>>21177757
I was just kidding I bought in at 6

>> No.21177831

>>21177416
You're poor but you have 10k dollars to throw at a soft ponzi?

>> No.21177878

>>21177593
with *us

>> No.21177892

>>21177372
who's the racist the one who makes a meme or the person who looks at it and sees nothing but a different skin color than their own, i can't get to the bottom of this dilemma

>> No.21177915

>>21177416
Yeah buy the top sell the bottom \biz\

>> No.21177936

>>21177416
Dude if you are going to buy link you need it in an index to mitigate losses.

What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

So why is it low at only a 5-8million mcap right now?
STA was used by balancer labs and someone hacked the % exploit from balancer. This was balancer's fault but they used STA. Balancer and STA are refunding this.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

>> No.21177950

>>21177892
Welcome to trumps America

>> No.21177957

honestly id kill myself if i woke up one morning and saw that i had become black. money doesnt even matter at that point because your fucking black.

>> No.21178242

>>21177957
Yeah I'm sure Kayne West would rather be an incel neet if in exchange he gets to have pink skin

>> No.21178371

>>21177372
My Link drippin' sauce,
Water like Voss, ayyy!

>> No.21178428

>>21177416
>Im poor
>Has enough money that a Link dip loses him 1500

Eat a dick you LARPing attention whore faggot.

>> No.21178539

>>21177432
>>21177416
YOU ARE NOW A MARINE

YOU DO NOT CARE ABOUT RETRACTION BECAUSE YOU KNOW IT WILL GO UP SO MUCH MORE

YOU DO NOT CARE THAT THE FUD IS INCREASING, YOU KNOW THERE IS NO SUCH THING AS BAD PUBLICITY

YOU KNOW THAT YOU ARE STILL WAY AHEAD OF THE COMMON TRADER LET ALONE NORMAL PEOPLE


YOU ARE NOW A LINK MARINE

STFU AND DONT SELL

>> No.21178810

>>21177372
Guys, I have one link
I don't know if I can take this rollercoaster
It's like I saw cheeseburgers appear and then get taken away by the hand of fate
Will I be able to gain at least one value menu cheeseburger? Will I? I'm pretty scared, I'm close to financial ruin here

>> No.21178896

>>21178810
How does 1 trillion cheeseburgers sound?

>> No.21178968

>>21178896
Oh ma lordy!
It sounds like the Goddess of beetus waving her blessed greasy arm stumps at me!