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/biz/ - Business & Finance

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14287063 No.14287063 [Reply] [Original]

Only 350000 people can own 1000 Chainlink.

Or if you count the entire total supply 1000000 people

However this ignores staking and node operating

Owning 1000 Link is unironically /make it/ tier

Congrats linklets, you've made it/.

>> No.14287095

10,000 LINK is the minimum to live the lifestyle of an educated gentry (dentist, lawyer etc.) without ever having to work again

>> No.14287105

>>14287095
I have 11k, can I live like a drug dealer?

>> No.14287136

>>14287095
But to neet you need 1000, I will explain.

Step 1. 1000*1000=1 Million- Taxes= 970,000 or something like that.

Step 2. Buy a house for 100K in the south where real estate is cheap(You'll be staying inside anyways), 400-600 a month for utilities and food.

Step 3. Live from your 20 year old age until death whilst playing video games and sleeping in till you die of old age.

>> No.14287142

>>14287063
/biz/ newfag here, is chainlink a worthwhile investment?

>> No.14287149
File: 245 KB, 894x575, i-wanna-live-like-a-drug-lord-but-i-wanna-be-glorious.jpg [View same] [iqdb] [saucenao] [google]
14287149

>>14287105

>> No.14287160

>>14287142
Its a big gamble but it could be the next ethereum

>> No.14287164

>>14287142
Y

>> No.14287187

>>14287136
Also to add
900K will give you an allowance of $1000 a month for 75 years.
$900,000/12,000(1,000*12months)=75

>> No.14287189

>>14287136
>not renting a house
>not founding your own investment vehicle to gain even more and pay way less taxes
>not getting your cock sucked by grade a escorts on a daily basis because fuck it you have enough money anayways

Drop the video games, think bigger.

>> No.14287199

>>14287189
Is renting a house coolio and epic, im just a 20 year old newb. That's what I would do tho.

>> No.14287227

>>14287199
Renting gives you more freedom and freedom is the biggest asset you can accumulate. Money is a proxy for time, and time is freedom. Buying a house will cut your portfolio by a good $200-500t, dunno burger house prices. Instead you could invest that money, make like 10% on it and use it to pay your rent. Got it?

Take 8 minutes of your worthy time and watch this: https://www.youtube.com/watch?v=O9keQagt350

>> No.14287253

>>14287227
this is retarded. if you make it buy real estate and rent it out. do not rent yourself. just take a loan on a house and see the monthly payments as rent to yourself.

>> No.14287270

>>14287253
I'm just thinking buying a cheap house will be good since in the future people will be renting way more than buying houses. So If I buy a 120k house, It can gain value. R-right?

>> No.14287291

>>14287187
Wrong
$3000/mo for rest of life(more than 75 years, and adjusting for inflation each year). Learn how to use a fucking calculator

>> No.14287301

>>14287253
That's correct. I was talking buying and living there yourself.
>>14287270
Real Estate prices are currently at a level higher than in the Financial Crisis 2008. Your calculation may be correct, yet it's not the right time to buy imo. You can still buy a house and rent it to other people, but you might have a hard time finding a good deal.

>> No.14287309

>>14287160
Not really, chainlink is oracles, eth is something else. Eth 2.0 is next eth.

>> No.14287310

>>14287136
You're a fucking brainlet

>> No.14287317

>>14287187
You invest the money into bonds, high interest saving accounts, index fund or gold.

Sitting on your money is complete retard tier.

>> No.14287318

>>14287291
uwu sorry ,That's cool tho.

>> No.14287330

>>14287317
I was gonna mention cds or savings account but I'm talking as this is what a neet would do if they got wealthy.

>> No.14287360

>>14287318
Read up on the trinity study. Good shit.

>>14287330
ETFs, I use betterment. Good if you are lazy and don't ever think about money. Vanguard is next best but it is slightly less automagic.

>> No.14287386

>>14287063
Sergey owns the vast majority of LINK. Your starting premise is false.

>> No.14287441

There is unironically no good advice in this thread on what to do after you make it. I have some sage advice from oldfag anons on what to do once you're no longer a poorfag but I can’t be bothered to post it. Hint: search the warosu archives for VHDYX. Anyways, best case scenario for a 1000 LINK stack in the foreseeable future is around $370,000. If you daydream about $1,000 per token you’ll be holding the top all the way down into the bullrun after this one.

>> No.14287596

>>14287441
Fud
You'd be retarded to sell at 1k. You had two years, lay off it already.

>> No.14287653
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14287653

>Make it
>mOOOooooOOOOoooOOOn
>have sex
>muah Linklet
>get a job
/nu/linkers..

>> No.14287739

>>14287136
This post is exactly why you have zero chance of making it.

>3% taxes on 1 million

Back to the books zoomer.

>> No.14287748

>>14287142
YASSSSS!!
BUY ALL YOU CAN.
BEG AND BORROW TO BUY MORE.
THIS SHIT IS GOING TO $1000 EASY.
IT'S JUST THAT SIMPLE. BUY CHAINLINK AND YOU WIN!
NO DOWNSIDE!
CHAINLINK 1K EOY
TAKE US TO THE PROMISED LAMBOLAND OF /BIZ/RAEL, WE'RE READY!
WOOOOOOOOOO