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52897062 No.52897062 [Reply] [Original]

I get margin called in the mid $5's. Will the $4s be safe? I can max out my father's credit card and get to around $4.90 but no lower. Help because I get rekt. My whole life savings here.

>> No.52897088
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52897088

>>52897062
Considering the nightmarish macroeconomic conditions and the fact that Chainlink Labs will keep dumping to hire their hordes of HR whores Link might unironically reach $2 or $3.

I never thought this was possible but here we are

>> No.52897096

>>52897062
I'm sorry anon, but the market (and LINK) won't go up until you and everyone else just like you get wiped out first.

Just the natural order of things, can't change it.

>> No.52897112

>>52897096
yes but $4s should be safe, it will never go under $5 per link. it is just not possible. r-right?

>> No.52897140

>>52897112
I thought Link sub $10 was basically impossible and here we are...

>> No.52897170

>>52897062
my margin call is in $2.5. might just cut it now with no profit. i think there is too high chance we go under dollar next year

>> No.52897197

>>52897112
A lot of anons get liquidated in the $3-4 range on AAVE with their LINK loans. If I had to call the absolute picobottom of LINK I'd say exactly somewhere there, and it will probably be just a singular scamwick and back above $5 immediately.

>> No.52897593
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52897593

>>52897062
buying LINK is paying reparations

do your part whitey

>> No.52897610

>>52897062
Youre throwing good money after bad you dumb fuck

>> No.52897692

>>52897096
>>52897088
>>52897610
All three of you hold and stake link. Faggots. Thats why youre here.

>> No.52897765

>>52897197
There's frankly no way it doesn't hit $3. The bottom of months long support is being viciously pressed and we've still got months of raising rates and a worsening recession. I had thought link would weather the storm well with staking and CCIP but we had a pretty shoddy staking release and now CCIP is delayed.

I mean it seriously that if anyone has a liquidation much above $2 i would be wrapping it up.

>> No.52897795

>>52897692
>hold Link
yes
>stake
fuck no, i'm not that retarded

You're down -25% in a single week thanks to your meme staking lol

>> No.52898017

>>52897795
if you hold LINK...

>You're down -25% in a single week
...so are you

>> No.52898078

>>52898017
You just don't get it anon. These guys swing 100% of their stack successfully 100% of the time any time there is a drop. This way they never lose money when the market is in a downturn. Staking would prevent them from doing so.

>> No.52898145
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52898145

>4.90
good to know

>> No.52898148
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52898148

>>52898017
True but atleast I can sell, why the hell would you lock up your LINK during a bear market?

>> No.52898224

>>52897765
>liquidation
Literally all you had to do was buy and hold nigger, it isn’t that hard. Is this board actually that poor they had to gamble on their investments?

>> No.52898240

>>52898148
But if you think LINK is going to drop between now and 12 months from now, why wouldn't you sell? Being able to sell means nothing if you don't do it

>> No.52898248

>>52898145
yeah I'm beginning to realize $4.25 is actually around the number I need.

>> No.52898268

>>52898224
they never learn, all leverage shall be cleansed before we run back