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

/biz/ - Business & Finance


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14557304 No.14557304 [Reply] [Original]

I am financially obliterated.

>> No.14557324

>>14557304
bought at 5 cents

>> No.14557341

>>14557304
Fake news!

>> No.14557381
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14557381

>>14557304
Sold yesterday waiting to buy at bottom

>> No.14557394

SHOULD I SELL NOW?????

>> No.14557427

>>14557304
Why didn't you fucking sell the top yesterday when all the smart money moved their stacks over to the VIDT dip? Just swing the two like a normal person would, they are both bullish for at least the next months.

>> No.14557442

>>14557394
sell before it dips to 25

It wont go below 22

it's still teetering at 28

>> No.14557508
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14557508

>> No.14557594

>>14557508
Hurrr durrr muh SAP "co-innovation". No one even knows what the fuck that even means. Fuck this memecoin. Should never have bothered with it.

>> No.14557599

>>14557304
Yes. Buy high and sell low. That's the /biz way.

>> No.14557699
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14557699

>>14557594
It's bottoming out now. You're a fucking idiot who deserves to be poor if you sell now.

>> No.14557724
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14557724

>>14557699
ITT : Idiots who fall for FUD and panic sell at a 7M market cap

>> No.14557767

>>14557724
Agree. Fucking redditors who havent held anything more than a day. They ruin this Market unironically

>> No.14557773

>>14557724
Kek. Exactly. It's ridiculous. The biggest ride is still ahead of us.

>> No.14558720

AAAHHHHHHH

>> No.14558850

>>14557304
when are the initial investors allowed to dump? since a few days ago right? its been 90 days i think. still haven't bought cause i'm waiting for that to happen perhaps erroneously.

>> No.14558970

IT DOESN'T STOP DROPPING

>> No.14559092
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14559092

>sold the top to buy back at $0.2

>> No.14559392

>>14557724
this
2 years ago this board made me buy link at ico
>gotta filter the excrements faster
>fuck google

>> No.14559401
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14559401

>>14558970
Yes it does. In fact, it has. The bottom is NAO!

>> No.14559426

SELL IT, SELL IT ALL NOW.

>> No.14559434

>>14557304
>>14557394
>>14557508
>>14557699
>>14558970
>>14559401
Circulating supply will treble by April. Hope you all enjoyed the pump but do not stay in this. You will get dumped and dabbed on.

>> No.14559543

>>14559434
aren't they allowed to dump already?
>>14558850
>pls respond

>> No.14559892

AAAHHHHHH

>> No.14559913

>>14559434
thanks anon
sold 100k

>> No.14559956

>>14559434
Yeah SAP is going to cash in on a 7 million coin.

>> No.14560236

>>14557594

> did his own research
> didn’t understand it
> invested anyways
> lost
> comes back to complain about not understanding investment in the first place

lmao for real?

>> No.14560249

/biz is playing the wrong game with Lition. It's not just another shitcoin that has a good looking chart and high volume

At minimum, this is SAP's primary blockchain play. That's huge in and of it itself.

At maximum, Lition gets traction as a real contender for enterprise blockchain needs beyond SAP's suite of services. Aka, Lition competes with Neo or Ethereum as one of the big boys

The minimum is what I'm expecting, but that is still a pretty big outcome.

>> No.14560266

>>14558850

Nigger the market cap is under 8million, initial investors can’t even dump a quarter of their coins and make a profit. Then need a much MuCH larger market cap. Why are you guys so fucking dumb?

>> No.14560329

40m within 3months or I post with sharpie in pooper

>> No.14560397

>>14560249
Dont really see how it could get as big as Ethereum since Lition is a second layer on top of ethereum.
As big as Neo? Yeah sure.

>> No.14560586
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14560586

Hello newfag here (I got years of service as a proud /tv/, /v/and /fit/ shitposter though)

Well after lurking this board for a week I fomo'd and blindly bought in yesterday at 32.5 cents. Not even mad tbqh because;
-I wanted to put in $2500 but was limited to $250 on binance so I couldnt care less if it goes to zero
-I learned a great lesson from that purchase. There's several things I could have done differently, and you obviously learn from your mistakes, so I'll actually take the time to study crypto markets much, much more because I realize this is a terrific opportunity to make money off dumb/newfags

I'll also add that this is a great board overall, you lads are ok in my book, decent memes/OC as well, I will definately lurk more. Cheers to whoever made a few bucks with my purchase, enjoy the cold beer tonight brother :^)
>inb4 leddit spacing

>> No.14560611
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14560611

how about you fucks try buying a coin BEFORE the pump, pic related

>> No.14560618

>>14560586
Newfag, you're fucking retarded. This thing is going to 10x and its not even a meme. Redditors have the be the stupidest crowd on the fucking planet, if you did a minute of research you would know that you have a lottery ticket in your hands.

Unironically, I work at a large investment bank and I am all in on this, it is way too undervalued at its current mcap

>> No.14560636

>>14560266
they bought at 10c so its not like they can't dump anything at all, and the market cap isn't truly 8m anymore if their tokens are unlocked.

>> No.14560640

>>14560586
>not on pol
>thinks Lit is a pajeet scam
wont make it

>> No.14560660

>>14560636
Initial investors are VC firms, angel investors, and SAP.

Why the fuck would they dump after making 2x on their investment. You obviously have no financial background, because the average holding period for an investment like this would easily span 2-3 years at MINIMUM for firms like these

>> No.14560663

>>14560249
>At a minimum a 7m marketcap ETH side chain competes with ETH itself, the single largest and most well known smart contract platforms on earth
>Yes sirs this is the minimum

>> No.14560736

>>14560660
>Initial investors are VC firms, angel investors, and SAP.
im aware
>Why the fuck would they
im saying they can

>> No.14560750
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14560750

Should've bought VIDT.

>> No.14560782

>>14557304
Just relax. Hodl. Chill. Emotions are a hindrance.

>> No.14560839
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14560839

>>14560640
>not on /pol/
Didnt tell the whole story
>thinks lit is a scam
I never said that

>> No.14560872
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14560872

>>14560663
yeah. Dyor pleb, stay poor though

>> No.14560876

>>14560660
The supply of the token will more than double by October

>> No.14560914

>>14560663
Guess you don't know how software giants like SAP and Oracle and Salesforce sell products. Once they get enterprises on their platforms, they sell them more products. Oftentimes, the CTOs or CEOs of these companies are willing to pay for a gold-plated, turnkey solution for something they don't have the core competencies to do themselves. For example, if it becomes a hot trend to utilize blockchain for enterprise data, but your IT department doesn't have any experience in blockchain... so you turn to your trusted technology vendor, good old SAP. What's their blockchain solution that they are experienced implementing? Lition.

Honestly, it's like you guys haven't worked in corporate America

>> No.14560984

>>14560876
Ok, so then that makes this a 14m market cap EOY due to investor lockups opening. Tell me that kind of dilution wouldn't happen in an early stage investment in any startup

>> No.14561731

>>14560876
https://medium.com/lition-blog/lition-increases-lockup-period-for-all-locked-tokens-ddb62de298b9

Looks like 19M will have been released by end of October, so a little less than double, but point taken

>> No.14561889

BUY THE DEEEP OR CRY LATER

>> No.14562378

Price drops? Good, time to accumulate.
Price rises? Good, time to diversify.

It's all perspective. This coin has a solid foundation so there really is no need to panic. Markets go up and down all the time. The weak hands are getting shaken out and suffer heavy losses.

If you feel like selling, tell yourself to wait a week or a month and see how you feel and how the market changed. This is a good skill to have in crypto and will pay dividends for years to come.

>> No.14562604

How high do you see this going? I’d say $10 tops.

>> No.14563120
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14563120

lol I just randomly sold yesterday to fomo into btc
too funny because I bought right at the start of the last pump