/biz/ - Business & Finance

DR;S

>>52793324
and they are sperging out about it like it's some mythological life changing event lmfao

if you can compound 4% that's actually a really good result and can land you high paying wall street jobs. Even that figure is hard.

>>52793324
staking = financial cuckoldry

Anything else is cope, especially with such a pathetic APY

>>52793324
That’s me bro, please refrain from using the N word

>>52793324

I can buy US bonds for 4.7% or some shit and get better tax treatment with 0 risk. KEK

>>52793372
I mean most of them are just joking around right? Anyone can use inspect element. hell I even put same screenshots showing my "stakes", I don't even own ethereum

>>52793324
if you put it like that it sounds awful. you could just sell now and buy 4% lower and take the rest of the ywar off knowing sergay wasnt gorging himself on your tokens..

>>52793324
why does the APY matter? even if it was 0 I would still stake for the airdrops

>>52793462
>stake for the airdrops
new goalpost just dropped

>>52793462
>airdrops
helloooooo? 2017 is calling you. They're all fucking scams

>>52793324
>T. No job neet loser that just stares at charts all day

>>52793391
lolol dude I've had savings in my credit union compounding at 6%. It's not really that big a deal. Locking up a volatile shitcoin for 4% is full retard.

>>52793415
exactly

>>52793415
you can also sell that bond if you need to. linkshits literally locked their tokens away for an unknown amount of time lmao

>>52793488
wow, breh, are you psychic?

>>52793478
I got like $50k of airdrops in 2020 and 2021

And an amazing $2000 or something pathetic this entire year because there's no free shit in a bear market

>frogposting in 2022
I remember being young.

>>52793324
I lost 90% of my make it stack leverage trading since the bear market started. I want to go back in time so badly bros.

Reminder 95% of all traders lose money
>haha dumb idiots hold dividend stocks and bonds for a measly 5% while i can just go buy scratch tickets and win the lottery!

>>52794223
>shitcoin pumps huge, sell 1/10 of your stack
>wait for retrace
>buy back
>wash, rinse, repeat
you literally can't lose money you retard.

>>52793415
>>52793509
I'm not staked in anything but it's not a flat 4% per se. Because if/when LINK pumps they get more value than just 4% of their stake's current dollar value.

>>52793324
>trading
>staking
2 very different things ESL retard

>>52794223
I'm simply going to spend every dollar I have until I'm 45 then buy one Powerball ticket, win $650 million after taxes and retire.

staking makes absolutely no sense
take useless asset
lose control of useless asset for period of time
...
profit?

this is like like a bank making a loan for capital investment in a factory, there is nothing be done with staked tokens
the only thing that makes any sense is it guarantees that insiders have exit liquidity

>>52794947
isn't like a bank making a loan

>>52794892
link doesn't pump tho, simpleton

>>52794894
>can't see the forest for the trees.
many such cases

>>52794892
and what if it crabs and dumps for the next 2 years