/biz/ - Business & Finance

>>24003971
If you sell now yes.

Enough for what?

>>24003971
i think so. not sure if youre gonna mega make it but i think youre gonna make it senpai.

>>24003971
Its 20k x $81k.

>>24003971
Seriously? Are you retarded? You’ve got 250k$ in a MEME coin noone knows about

>>24004021
It’s high on cmc retard

>>24003971
i got 117 at $12

It's way more than enough

>>24003971

How iron-clad are your hands, anon......???

>>24005381
Pretty titanium. Bought at 20 cent

If it wasn't for covid I would be spending my link crempieing porn stars, I really want to nut inside that slampig Sophie Dee.

>>24005506
Don’t think it’s worth it. How much is a pornstar per day?

>>24005506
Holy fuck are you degenerate

>>24003971
$3M EOY 2023.

>>24003971
I have a fraction more than this and no longer think it will be enough. I am preparing myself to drown in despair as I watch Sergey dump on me until I wake up one day and realize the opportunity cost I've paid by not swinging against his weekly capital raises.

>>24003971
Sorry anon it’s not. Better luck next bull run.

>>24005581
She charges 1500 usd if you are in the same city, plus you have to do STD testing for the creampie.

>>24003971
>Is 20,000,000 enough? Seriously?

i only have 15k and i want to kill myself

>>24003971
So close, yet so far. We're stuck in the lower middle-class forever OP, there's no leaving. Even in the citadel.

It will be 2 million at the top of you can time it right. That would be 100 billion fully circulating supply. If it's sitting at #3 behind BTC and ETH it's a realistic valuation in a 2017 style bull run.

>>24005612
Based. That act is meant for marriage

>>24005769
Lol hes going to have 20 mil at the top

>>24005769
You're saying the top will be 100? I'm counting on a min of 200

I have 46 link

iS $260,000 WoRTh Of LiNk EnOuGh GuYs?! fuck off

>>24003971
its 20k wasted for other opportunities like BadgerDAO

>>24005960
I have 2

>>24005719
Because you have so few or just in general?

>>24006001
Kek

>>24003971
learn how to use aave fren
turn your 20k link into 30k

>>24006001
It's a perfectly valid question. No one knows what link price will be in the future, but for someone with 20k there's a big difference between link peaking at $50 versus $500. 1 million dollars isn't "making it" but 10 million is

Depends on when, not if, of you need to make it in the next year or might be, in over a year, absolutely.

>>24006226
Link is going to tens of thousands

>>24006273
I sure hope so. I have 20k

>>24006001
>3 years
Kek.

>>24006194
How much would link have to drop in value for the loan to get liquidated?

>>24006357
>POOL id
what did kek mean by this?

>>24004021
>MEME coin
Get out now newfag

I have 50k LINK, is it enough guys?
I might buy 20k more next dip.

>>24006466
No you need 350 million stinkies to make it

>>24006484
Fuck, ok going to keep accumulating. Might DCA 10k LINK a day for a few weeks. Thanks fren.
I'm aiming for one billion to make it.

>>24006375
with 20k link as collateral assuming he took a 130k loan to buy 10k more link his liquidation would start around $6.2/link

>>24006615
This is just gambling

>>24006615
I always figured the liquidation would be far closer to the investment, for example if it reaches 9-10$ but 6$ seems far more secure. I'm guessing the biggest downside is the daily/weekly fee that gets taken out of your value if link would continue to crabwalk for months?

>>24006226
>but for someone with 20k there's a big difference between link peaking at $50 versus $500. 1 million dollars isn't "making it" but 10 million is
no that's just called greed.

>>24006615
As a 20k LINKer this seems so tempting. Then CZ would flash dump it to $6 and I've have zero LINK and would have to kms

>>24006799
all speculation is gambling if you are uneducated
>>24006930
fees on a 130k loan would be roughly $17 per week
im currently paying about $17 per 4 hours for margin rollover fees on a centralized exchange.. so AAVE is many times cheaper
Also if he just took out a loan to buy 5k more links his liquidation point would be 3.7
as you can see its worth it to take on debt using DeFi to increase your stack even if its just 25%

>>24007023
if it flash dumped to $6 you wouldnt get liquidated because it uses chainlink oracle price feeds
also even if worst case scenario did happen "liquidation" on aave doesnt mean your entire collateral gets sold they just sell enough to put your health back over 1. The liquidator gets your collateral at 5% discount as incentive.

I'd recommend trying it out by depositing 5k link as collateral then take out a ~13k usdc loan to buy 1k more link
this would put liquidation point at 3.09

>>24006430
ask any normie what is chainlink and they'd say a type of fence. it is a meme coin atm

>>24005821
No he won’t. Lmao it’s not going to 1k. Maybe $100 MAYBE

>>24007473
Thanks for the analysis

>>24007061
I'll bite. Taxes on gains? Us Burger here. Holding about 13k

>>24003971
I've got 20k too anon. How do you even have doubts, holding for so long? For me it's as sure as the sun will rise.

>>24005446

Based. 40 cents here. It’s a nice thing to learn how strong your hands are

>>24007891
Don’t know. 20$ felt a bit like 20k BTC. I just hope and wait. Always wanted to hold till 2025, will probably cash out 500k if I hit a million to buy a house and let the rest ride till infinity

>>24005506
sophie dee is a dime a dozen slampig. any major metro area has hundreds of tindersluts with her build

56k link here. I still don't feel like it's enough. In Feb I plan on investing about 100k more

>>24007061
>all speculation is gambling if you are uneducated
Living is gambling, but some bets are retarded and some aren't, yours is retarded

>>24008182
you feel that way because it isnt enough newfag

>>24007781
i dont see why it would be any different from normal taxes on gains
you are just using your crypto as collateral to take a USD stable coin loan
then when the crypto moons you pay back the loan
>>24008223
>taking a managed risk that link wont fall below $6 is retarded
midwit detected

>>24003971
20k cups of covfefe

>>24007473
Litecoin did an 80x over the last bull run...the bull run starts 6 months after the halvening...so we are now at the start..what is 80 * 12?

>>24007061
thank you for the detailed replies. Just one more brainlet question I don't wanna fuck this up
>I'd recommend trying it out by depositing 5k link as collateral then take out a ~13k usdc loan to buy 1k more link
Using your example, does the gains come from if link moons and you go to repay the 13k usdc loan you'll get the difference in profit?

>>24007993
Not really. It'd feel like 20K BTC if BTC had Satoshi dumping on a weekly and relentless basis to crowdfund BTC 100% through longs instead of venture capital. LINK has done really well considering.

>>24006430
It is a meme coin though. It is the meme coin

>tfw 126 (one hundred and twenty six) LINK
At least I bought it for $2. I was such a poorfag in 2019, and then I forgot about crypto and investing because I planned to kill myself anyway. Plans changed, now I’m considering it again.

>>24009889
im with you bud. i have 250 link. If we're smart, i think we can make it in the next 2-3 years.

>>24007993
>20$ felt a bit like 20k BTC
$20 isn’t jack shit. The fundamentals have not changed, and $1000 is still on the menu

>>24004395
Implying anyone that isn't us of some tech investor asshole knows what that is. There are billions of people out there.

>>24006194
>>24006375

Please do not do this. Just be happy with 20K its more than enough. A lot of people lost their entire stacks from leverage on AAVE during Black Thursday in March. Scam wicks are just the name of the game in crypto. Do I believe it will hit low enough for you to get liquidated? No, but its just not worth it. 20K makes it in 12 months probably a few million at least imo. We are in the end game now do you really want to have hold for 3-4 years to lose it a couple yards from the end zone?

>>24009889
>350 LINK bought at $0.22
I wish I was paying more attention... I would've bought 2k if I actually learned what it did and didn't just buy for the memes

Threads like these are the perfect example of why most won't make it, even with larger stacks.

Patience seems simple enough, yet the vast majority fails at the most simple step like that and rather go by emotions.

>>24004021
I neet it with parents, drive a shitbox, use a shit thinkpad, shit phone, got a gf who thinks I'm a loser.
got 56k linkies or >750k$ in a MEME coin noone knows about
kys plebbitor you'll never be a woman

>>24011162
I'm in a worse situation than the other guy, I'm at 1900 links. thinking I'm ready to risk 300-500 to get to 2k+

>>24011162
>We are in the end game now do you really want to have hold for 3-4 years to lose it a couple yards from the end zone?
yes anon ty this is good advice
the goal now is to be patient and not get greeddy

>>24011493

You could but with your stack size I'd be more inclined to invest the time trying to call local tops and swinging 50% at a time. I went from about 12K to 22K myself swinging on futures. Spend $30 a month on Tradingview to get OBV and read read read. Into the cryptoverse guy also uses a risk metric when price strays to far from mean/fair value so you can continue to flip into other assets with low risk profiles rinse and repeat. I'm not doing much active trading these days I figure 22K is enough this bully cycle. I will try and time the peak of the bull cycle top though of course. Don't worry about day to day with leveraged trading. Focus on 1,3,4, and 6 months trades and big wins. I rode a leveraged trade from 2-.4.50 and from nearly 5-19 over the year. I think I started with around $2000 USD in the account

>>24011924
kek I did this.
I don't sell (except to close debt) but I rode a leveraged long from 1.70 in March to $17 or $18 I forget.

>>24011560

I'll be shocked if we don't hit nearly $300 within 12-16 months which is about 6 million. That's plenty. Sell half and stake, sell the other half and fucking win.

>>24005960
>>24006111
I have 5

>>24011493
>risk 300-500
>in order to gain 100

>>24011964

Based and leveragedlongpilled. Lol

>>24003971
>>24006466
>>24007891
I just started this shit and it fucking hurts to see that I missed out this hard. I have 5 though... I must get in on the next coin. Is it PNK or RLC???? WHICH DO I PICK

>>24012066
RLC obviously

>>24012082
How do you know it will be that one?

90 LINK here

How bad is it bros? Tell it too me straight

>>24011973
>Sell half and stake
is there any reading about how much % staking returns will their be for link?
i wonder because i've got 10k, which i'd love to have 20k so i could sell 10k at a high price and keep the other 10k forever to stake with

>>24012066
i've got a stack of both but i have a lot more pnk because i believe in oracles more than computing

LARP most people only own 20 LINK

>>24012325

No way of knowing currently but staking itself with help with price appreciation of the asset plus passive income so it feels like a no brainer. I'm holding on to 10K that I'll never sell for the rest of my life and only stake. I basically pretend it doesn't exist. I'll just diversify the dividends as the roll in. Considering buying 1 LP share as well but I'm American and Idk how that will go exactly. Staking early seems incredibly ideal but the price of LP feels too high.

>>24003971
33k Link here; we comfy brah; got 64 ETH and s few pitiful stacks of random alts. LINK made me have the most CHAD portfolion on earth. Remember that meme back in late 2017 with the clip from AMerican Psycho where they are all showing their business cards, and each card was replaced with a different crypto portfolio, of different allocations like 50% BTC, 25% ETH, 10% REQ, 10% ARK, 5% TRX etc

But the final card was just 100% LINK, and i thought that was CHAD af, so i converted all my other shitcoins all into LINK, and god im so glad I did. I held onto REQ, SALT, QSP, and XLM for a long longer than i should have, but otherwise eventually turned everything into LINK by early 2018

>>24012023
2k plus. I'd feel better if I was somewhere around 2k-2.5k.

>>24011924
That's a comfy stack anon. Thanks, I've used tradingview for a while so I might just get the full account then. What kind of leverage did you go for and any recommended sites? I've heard good things about ftx.

>>24012174
only 90k? I thought OP was LARPing... yikes

>>24005769
>the top will be 2 million
>if u time it right

??

>>24005506
tryst.link

>>24012534

FTX is awesome they have the shitcoin index which is hilarious. Just have excess margin to withstand scam wicks(50-70% drops from your basis) and never use more than 10x which is already high as it is.

>>24006430
>>24009721
these are both CIA agents fwiw

>>24012628
that's amazing I see they even have UNI so I might put the 400 free uni they gave out a while back. I don't see any options for increasing the leverage on perp swap or spot though, unless I'm better off with linkbull(3x)?

>>24012066
How much you have to invest

>>24012174
Put it all in pink NOW

>>24012472
Yeah, what's the fucking deal with this exactly? Seems like no one has a straight answer. I almost threw $2k into it right when it was released, but got dissuaded because of the US law bullshit