/biz/ - Business & Finance

>>22134173

>>22134173
I'm also looking at this. But seems more like a pennant, considering the big move up before?
Either way, ATH should be retested soon.

>>22134173
god christ i'm so excited for all of us

>>22134173
>holding nicely

>>22134173
bought that dip at $14.50 swingers win again

>>22134173
It’s happening tonight

>>22134173
What is that supposed to mean?

>>22134173
so glad i sold at $19. cant wait to buy back in at $8, thanks for the reminder OP!

>>22135260
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:symmetrical_triangle_continuation

>>22135005
Except when the tax man comes to collect

>>22135739
sell your shitcoins at a loss to offset the gain

>>22135206
All that sushi money needs somewhere to go

Chainlink: we aim to be the http protocol of blockchain

BSN and Kadera: We'll uses cosmos for block chain interoperability

Linkies: currently on suicide watch

> mfw link usecase is reduced to querying apis while waiting for a better solution

>>22134173
But... The timelines... They should have been converging, but they're tearing apart. I'm selling. Can't take it anymore.

>>22136478
A great take on it, fellow Bandholder biz anon!
I also have sold all of my link tokens for Band! They figured out the VRF problem!
Link truly is dead in the water!

>>22136553
Cope

SCREENSHOT THIS

We will see 11-12 LINK soon, perhaps even 9.

>>22134173
the symetrical triangle was broken to the down side

>>22136743
Your bottom line extends too far imo

>>22136743
you fucking have the bottom line in the wrong spot retard.

>>22136915
bottom line is just the local supports after the top, which were broken. If you mean the horizontal line, that is just resistance, and if you mean the low at 11, I wouldn't consider that support after the last pump

>>22136478
https://medium.com/kava-labs/bringing-chainlink-oracles-to-cosmos-24e7ec7f006d

>>22137144
Yeah, data, not interoperability

>>22137041
Wrong spot

>>22137444
You mean like redraw the line, so that it includes the recent dump, coincidentally happening at the same time as massive volume reduction all over crypto happens do to authorities slowly closing cex and therefor removing the only fiat on ramp. Na, not gone redraw, this is accurate

>>22134289
aren't they the same thing?

>>22137520
Did you take your meds today anon?

>>22134173
$100 EOM is fud.

>>22134289
sometime this week is my guess :o)

>>22134173
Literally forming this on a daily chart. Don't be greedy you stupid fucks.

>>22136743
>the symetrical triangle was broken to the down side

wicks through the line don't matter if there is no significant (4H+) close below the trendline.

Soon

>>22135829
>not 100% all in on link

>>22136743
your bottom line is just an arbitrary line with no significance. seems like the real bottom line will hold, and I expect that we will close the daily above Kijun sen, so slightly above $15

>>22137995
imagine using this guide on the 1D. literally everything would be in new paradigm at some point.

>>22136659
What do you mean, fellow biz anon!? I'm on your side - trying to point out things which are definitely true! Such as:
>link usecase is reduced to querying apis while waiting for a better solution
I mean, kadera is clearly leading the pack! By a LOT!!!!!!111!!!!
Linkies just aren't smart enough to 'get it,' maaaan.

>>22138044
how can i few those lines? what website do i look at?

>>22138069
It is and was, you stupid pajeet fuck.

>>22138069
this

>>22138044
we will see. 15.00 was strong support, now it will be resistance , a close above 15 would be bullish, but with all the bearish news, no volume and nothing new for LINK down the road, beside the usual promises, unlikely imo. Close below 14.9 and next target is 4, unless there is support that holds inbetween

>>22138148
I use tradingview pro

>>22136743
gaydst fucking nigger ive seen all day and also retarded

1000 eoy

>>22138148
Niggers.com

>>22134173
If the fundies haven't changed, it's still a decent long-term hold. Short-term, you should've shorted it yesterday.

>>22136743
oh my god, you did not just imply LINK is going to go lower, I will have hyuo nkwo I am a master of karate and will SPANK yuor ass for such insolence. Now fall back in line, marine.

this is a pennant and not a symmetrical triangle, do you ever know what "symmetrical" mean?

>>22138163

>>22137917
Remember people saying that in 18.

>>22138211
what bearish news? we just came out of the most bullish weekend for link ever, what are these pajeets on about?

>>22138359
Link is losing market share to cheaper oracle solutions, their solution is the same promise as 2 years ago, with no sign on github or the pivotal about work being done on t-sigs or servags, and the dead of a wash trading exchanges that brought massive imaginary volume to deceive gamblers. The marketing congress was at most, meh, all blank promises already priced in

>>22135260
>https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:symmetrical_triangle_continuation

Bulls time

Many ppl are dying to purchase these tokens , LINK is the best token

Bullish

>>22135739
>Except when the tax man comes to collect
Funny joke, anon.

>>22135739
I love how people say this so smugly when they're actually just fucking retarded

>>22139041
explain plz

>>22138506
Thx just sold 15k LINK for band
Kys you dumb nigger

>>22138506
Kek alright, now i know you are just trying to fud pretty weakly without really making any real claims. Love to know how Chainlink is losing "market share" to cheaper oracle solutions when we are seeing increased adoption literally every day with more locked up in defi. BAND? Kek please im not going to even entertain that discussion. Anyone remember mobius sirs? With respect to pivotal tracker / progress, anyone with a decent sized brain would've walked away from that conference with the most information we have ever been given in 3 years with respect to both development, progress, and adoption. Your fud tactics wont work anymore, its too late. We already made it and now we just have to sit and wait.
>t. 30k 2017 link holder

THE CHASM APPROACHETH
WE WILL PREVAIL MARINES

>>22134173
>symmetrical triangle holding

>>22139131
If you think someone who successfully swing trades ends up making less money than someone who just buys and holds you are dumb

Assume same entry, same initial stack size and same exit

>>22139358
actually thats not quite true desu. you forget about a important and very significant parameter; time. this is is the fallingpoint of swingies. with significant volatility and full potential years if not decades away, and taxes being paid yearly, you have a good chance of actually losing value in the long run even if you gain more linkies in the short term. This is the reason why I have stopped swinging even when I made good gains to my Link stack

>>22138359
Probably the smartcon flop if i had to guess

>>22139358
>someone who successfully swing trades
Swinging is the very definition of zero sum.
Imagining yourself as the successful swing trader because it worked the 5 times you tried it is essentially the equivalent of looking at the 5 minute chart and making EOW price predictions

>>22138359

LINK will follow the market. Apple just had its worst day in history, not even when Steve Jobs died did it do so badly. Tesla. There's a saying, if Tesla isn't rallying the market won't rally.

These could be some warning signs of what's to come. With the election getting near and covid wave 2.

Now, if none of that is valid, LInk has still not done an equal measure move ABC correction. It would need to hit 11-12 dollars to be considered corrected and a safe bet.

>>22140233
>Apple just had its worst day in history, not even when Steve Jobs died did it do so badly.
lel, are you sure you're aware of the stock split?

>>22140233
This is some very intense fud that is completely baseless. Apple just had its worst day in history?
>checks chart, -2%
that doesnt seem so bad, what?
>googles what apples worst day in history was
https://www.dividend.com/how-to-invest/apples-worst-day-ever-aapl/
>-50% was their worst day ever

>>22134173
I made a thread about me wanting to sell the other day... I didn't and I regret it. Next time it goes above $15 I'm dumping everything I have.
It's ogre. This already the 2nd high on the meme graph.I recommend that other holders do the same.

>>22140307
kek i forgot to even mention this since it didnt cross my mind that thats what he was talking about, like apple just did a 4:1 split. Fwiw tesla didnt dump 80% either, it also had a stock split

>>22139183
BASED AF

ima buy link after all these years, sorry for crashing the price beforehand

>>22140785
welcome aboard, marine

>>22140233
TSLA is literally selling stock to raise 5 billion in capital. Look to other indicators this week.

>>22135739
Why do people always say this? They only collect on gains so wouldn’t making substantially more gains still be better?

>>22134173
I sold at 15. Am I fucked?

>>22141799
yeah by not selling at 16 last week

>>22141758
If you buy LINK and then sell it, and then buy back in again, that will be a taxable event even if you hold long term after that. What it means is the % gain that you made, you’d need to pull out it’s equivalence in estimated tax amounts to cover the short term capital gains incurred. This is obviously a risk if the token crashes in price between then, so you’ll basically be paying taxes in the short term for unrealized gains. If this explanation was total shit, I’ll be happy to try and write another answer

>>22134257
oldie but goodie

>>22134257
>reminds us of a place
>we have frens

I unironically cry when I read that, I love my frens.

>>22142073
I think I see. You’d be fucked if LINK then crashed unless you sold the loss

>>22142073
i did this and plan to take a super over collateralized loan at lows to pay the taxes. as long as it doesn't crab for a couple years my gains will beat the tax and accrued interest

>>22142310
Exactly, this is also assuming you never pull out the amount to cover the tax before reinvesting it. If you do that, then you’ll be fine but risking quite a lot for not as attractive upside. Because, if Link also decides to moon before 1 year from your last swing trade and you try and sell the peak, you are talking about paying 15-20% vs 35-40% in taxes because it wouldn’t be considered a long term capital gain

Pajeet emergency! I accidentally pooped in a Toilet. I am frightened and alone and my butt hurts. Please to be sending the helpful. As you know I am in Mumbai. Many thanks.

>>22134289
>ATH should be retested soon
>ATH
It's boring

>>22135739
>Except when the tax man comes to collect
Immagine selling for FIAT and paying taxes like a cuck instead of Staking
LMAO never sell mongoloid
81k per Link is not a meme

>>22142310
a bigger problem than this is that at the end of the tax year you have to take out cash to pay the tax, and there is an opportunity cost there of missing out on future gains. there needs to be a calculator for working out if taxable events are worth the trouble.

M-monky bros?
https://youtu.be/dqgCYIyJ-XA

>>22142505
this happened to me once dear,, my village still doesnt forgive me.

Bank account balance
>$500
Link portfolio
>$30,000
when bros

>>22142483
Are you able to write off rugged tokens? Like I still have them but can’t physically sell to “realize” the loss if you know what I mean

>>22143966
if you can't sell them, its not loss. so no.

>>22142626
You need to increase your stack by 53%

>>22142626
>>22145073
Why not just sell and immediately buy back in if it goes lower?

>>22144822
you can declare worthless stocks, maybe it would work with crypto?

>>22145241
ofcourse you can try it, but I don't think it will work. depends of what country you are in. personally I'm from commie northern europe so you absolutely can't do that.

>>22143966
Yeah you’d have to sell them to realize the loss I believe

>>22134173
Will Dot flip link today?

>>22144822
Just sell them to another metamask account at 0.0001

>>22145351
>>22145343
>>22144822
Maybe we should set up a site that all it does is clear anons rugpulls and worthless tokens for a fee

>>22145601
Not sure if that works from the legal point of view. sounds like a tax fraud to me.

>>22137995
This nigger is ugly as sin

>>22145621
if its done like this then I believe there is nothing illegal in it.

>>22135739
im a third world faget with 0% capital gains tax so yea

>>22142933
Ironhands checking in anon
>$39k debt $210k in link

>>22145621
Could work honestly, it would be totally legal to do afaik

this aged badly

>>22134173
just sold the rest of my stack

>>22135260
Number will either go up or down

>>22146119
>gets sued
>wears gauntlets to court

Chad

>>22145418
It looks like the market wants this.

>>22134173
>daily candle is gonna close below the 21 ema
it's over isn't it? down to 12 we go then crabbing till eoy?

>>22146596
the last two daily candles that closed below the 21 ema were followed by greens with tweezer bottoms but todays just went red so who the fuck knows

>>22134173

Insider here

The price will go up

Stay strong linkies

1m link out of the market, future great news, less supply, future high demand.... * wink wink *

>>22147304
Why you gotta larp

>>22142689
glad this fag finally quit

>>22147505
He doesn't, it's a fairly safe bet. Either he's right and people think wow anon really was an insider all that stuff from smartcon made price go up, or he's wrong and people forget he even posted. Add in some transactions he saw on a public ledger for credible since numbers make it south like you know what you are talking about and its a done deal. A cheeky wink wink keeps it playful and not too serious so you avoid some scrutiny and can defer any questions with an 'oh I can't say anything beyond this, expect fireworks in [month].'

>>22147694
https://www.viewbase.com/coin/chainlink

>>22138309
pennants dont contract over time like a triangle does you idiot