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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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53802454 No.53802454 [Reply] [Original]

I’m about to get a 25k loan and put it all into AVAX. Will I make it?

>> No.53802505

>>53802454

Yes, you should definitely do this. Down side is impossible. This financial plan definitely cannot go wrong.

>> No.53802552

>>53802454
As long as you can afford to have that 25k go to 0 then go for it. I did the same thing late December for 20k.

>> No.53802602

>>53802552

If she can afford for the 25k to go to zero, why’d she need the loan?

>> No.53802705

>>53802454
And open the highest leverage long you can with the AVAX you are buying.

>> No.53802779
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53802779

>>53802454
yes

>> No.53803034

>>53802454
The make it stack is 2k AVAX, not sure this is enough anon

>> No.53803173
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53803173

>>53802454
yes you are gmi. do it for your brokefag /biz/ frens

>> No.53803184

Every AVAX shill is a grassroots community marketer who gets paid in AVAX to do it. They reply to themselves with different IDs and create lots of fake interest and discussion. If you browse /biz/ for a few days you'll see how inorganic all of this is. Their objective is to make you buy AVAX, hold it and maybe even stake it (for a negative inflation adjusted yield, which they will lie about). They will manipulate you with hope, technojargon, AI waifus and dreams of riches while getting paid by higher-ups who slowly dump on retail with the tokens they created for themselves for free. Go look at EOS/ETH chart and read about the history of EOS. This is the exact same scam all over again for newfags like you who don't know how this works. Don't fall for it, they are masters at manipulating.

Inflation numbers:
Circulating supply Jan 27 2022: 244,852,769
https://web.archive.org/web/20220127152152/https://www.coingecko.com/en/coins/avalanche

Circulating supply Jan 27 2023: 314,771,897
https://web.archive.org/web/20230127081851/https://www.coingecko.com/en/coins/avalanche

(314,771,897 - 244,852,769) / 244,852,769 = 0.2856 = 29%