/biz/ - Business & Finance

>>26269248
Dead cat bounce if I ever saw one. It's over stinkies. This is your very last chance to sell before $8.

>>26269287
dead cat bounce was in 7$

>>26269287
Go back to your rubic thread, pajeet.

>>26269375
I'm not a fucking Indian you autistic nigger. Just pointing out it's finally going back up and wondering what you all think.

Cat not alive anymore giving the illusion of jumping when hitting the floor

>>26269287
They said that about BTC, ETH, and LTC when everything dropped a few weeks ago, too, but it came back up strong. Why do you think LINK will keep falling, instead?

hello sirs please sell link now and buy rubic make big money ok

>>26269416
he's not referring to you calm down homie

>>26269248
$14 tomorrow

>>26269642
Oops. I'm so tired of seeing those RBC threads I immediately freaked out thinking he meant I'm part of that shit. My bad, Anon.

LINK hovering $21 now.

>>26269248
What's the point of even talking about Link anymore? Everyone with a real stack of 10k+ is in no danger of selling before triple digits, and if Link sees $1,000 in the next few years that is only a 50x for people buying now.

I would recommend new players to look for more asymmetric potential than Link. I didn't get where I am buying shit at $20. I did it swinging volatility of small alts and then consolidating into a long term hold.

Just get you a couple 5x's until you can stack a nice fat position in something you want to hold for a while.

>>26269248
I did buyed the dip, felt good!

>>26269876
Yeah I made quite a bit day trading smaller coins like NU but LINK seems hearty enough to at least double within a year so it's a comfier place for $10k to sit than in a cheaper coin that has less chance to even hit a dollar.

Unless I'm totally wrong, if so please explain why though I'm genuinely interested.

>>26269287
So the cat died over $20? Wow dude.

>>26269287
Link has a good chance at being the next efferiumz by many measures. I wouldn't buy above $20 though, it's going to be a roller coaster before it takes off and my emotions can't take that. I won't hesitate to put more in if it dips hard enough though or looks like it's skyrocketing.

>>26270309
Agreed except I'm taking my chances at $20 buy and hold until it takes off. Stimulus check money is free money so fuck it all in on ETH and LINK then day trade LTC to make up for short term losses.

Don't risk it if you aren't using disposable income of course.

>>26270023
I'm writing this to people with a grand or two to invest. But your reasoning is totally sound.

In the medium-long term, Link has a strong case for 5x-50x. Metcalfe's law, immense size of market(1.4qt $) and the value of data... Link will certainly(continue) melt faces.

>>26269955
Based double 26 double dubs has blessed this post. LINK confirmed to hit $26 during next bullrun.

>>26270410
Thanks for the extra info, Anon. Makes sense and I am always thinking long term for big coin buys and short term for smaller buys to day trade (like buying $1000 of LTC at daily $140 dip and selling at daily $150 high and making a quick $80 or so).

>>26270614
A large part of what I did was essentially day trading, maybe 35ish in total, in 2017 you could almost pick blindly and just sell when you achieve profit. The risk I took, was that I was usually swinging with 100% of my stack. I didn't have the balls to keep doing that once I got to ten figures, so I parked in a long term HODL. I would swing into different alts that had either overcorrected or were poomping, switching between alt to alt helped me to stay focused and not get emotionally attached.

>>26270920
GMI. Exactly what I've been learning to do, albeit with only 5 figures. Still feels good to have strong holds in ETH and LINK while playing with smaller coins. Missed out on BTC sub $35k so not sure if it's worth it anymore tho.

>>26271133
Often times you will find that had you held x btc at x time instead of an alt you would have come-out the almost the same on a bull-bear-bull time frame. Chainlink definitely saved the bear market and holders were rewarded generously.

In 2017 XRP saw nearly 150b mcap... Link is at 8b right now. Really hard not to be bullish on the space as a whole, ETH to 10-20k and lINK over $100 before the real end of this bull cycle is not even hopium at this point, more a matter of development and time.

>>26269416
Allah willing a crocodile will attack you during this evenings Ganges bath time, Pajeet.

0 fundamentals shitcoin that was designed self admited by creators to "have the price of a cup of coffee to function"

>>26271794
Smartcontract.com

>>26271632
I'm also looking at available coins as indicator of jump, as well as what they're good for, time in market, volatility, all the other stuff. Those numbers seem nicely high, do you expect the bull run to go on thru next year?

I fucking sold at $19.41 pls go back down

>>26271794

>>26272087
BTC had a number of 30%+ pullbacks during 2017, we have seen the first. When the show ends, or if it ends the same way? I have no idea. Though the all time BTC chart shows some clear patterns for post-halvening markets, you can't be 100% sure that past performance will predict the future accurately. If we get to that euphoric 3-4 trillion total crypto market cap this year, BTC 70-100k, ETH 5-10K... You should be mentally/emotionally prepared to consider taking some profits. I've only been through one bear market and my soul would grimace to go another 2-3 years with no profit taking.

You don't want to end up in a situation where after the peak of everything, you're trying to sell as prices are falling. You sell orders simply won't fill and you'll get eaten alive, so it is a good thing to have a tiered exit strategy.

It would do all you anons well to consider that the 2017 run for BTC started at $900 and went to 20k... BTC could 5x+ from here, considering history.

From a most conservative point of view, I would currently operate on the assumption that now is a safe time to buy.

https://www.coindesk.com/900-20000-bitcoins-historic-2017-price-run-revisited

>>26272245
Why'd you sell at such a weird price when it's been stable above $20.00 for so long and with so much popularity? It might dip back to $15 before exploding again this year I suppose.

Why would I buy a 5% dip when it's going below $10 again in a few weeks?

>>26269248
$81K EOY 2026!

>>26269287
cope, and no i will not sell you a single link

>>26269876
I'd pick a very realistic and lasting 50x on a high-volume coin over an extremely doubtful short-term 1000x flash pump on some borderline scam with no volume any day of the week.

>>26272563
BTC will peak at 88K in the name of Hitler the Great.

>>26272563
BTC has definitely stabilized at $35k+ but seems eager to climb back up to a comfy $40k. I don't know if the jump from $800 to $40k is easier than from $35k to $100k though. Even though it's less of a jump, the amounts are just so large I feel like people will freak out as it approaches $100k. Just a feeling not based on anything solid though.

Regardless, it looks like corps are enjoying pumping and dumping with BTC and there's really no disadvantage to them so I don't see it stopping unless crypto is outright banned.

Is selling a bit at a time better for the person than doing it all in a lump? I heard it only helped the market not dip as fast. I'm ready to sell as soon as things cool off anytime the next 2 years or if I turn 5 figure investment into 6.

>>26272577
I thought Biden was gonna destroy crypto

>>26272904
not if the biggest fund in existance wants to invest in BTC futures.

>>26272904
I saw those posts, just FUD bullshit. Crypto is making corps so much easy money there's no reason to ever ban it. The US Dollar even has an equivalent coin so I don't think crypto will replace it either.

There was a huge jump in crypto value the day before Bidens inauguration. Then a bunch of FUD posts to get everyone to panic sell and drop the price a ton so the people that sold high could buy again low and reap more easy profit.

If you have BTC, ETH, or even LINK and LTC never sell unless you're day trading and buy the dips.

>>26272904
He will try but it's not going to happen overnight.
We still got one good year before the Great Reset fucks us all.

>>26272885
I felt the same way as you about the self assumption that I would sell at 5 or 6 figs when I got there, until I got there.

Don't underestimate your greed, or the value of greed + long term hodl. If Link can be triple digits but will take until 2022-2024, it is well worth the time in the market.

I'm hoping we have a nice healthy bull market yet to go from here, and if nothing else at least skim enough off the top to live comfortably in the interim.

Fundamentally, I believe $1k Link is a matter of when.

>>26269248
Link only survives because it needs new people to pour money in
It’s why there’s threads every second trying to talk new friends into buying you don’t want to miss your chance right anon?
It’s been 3 years why hasn’t link accomplished it’s goals? When’s your staking?

>>26273562
I'll be happy if it hits $40 to double my last buy in. I'm holding my original stack to see if it ever moons and enjoying the day trade profits in the meantime.