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/biz/ - Business & Finance


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16842355 No.16842355 [Reply] [Original]

I made 700k after taxes in 2017/early 2018. ATH was literally 2.2MM but let's not talk about that since i was basically suicidal over not cashing out even though there was no way I could have known the top (even if I maximized my tax strategy and cashed out at the top, I'd have only taken home 1.5MM... so really only an extra 800k but it still hurts).

I put the money into mostly real estate then some investments (about 120k in stocks), and I have about 100k in cash right now that I can invest in.

What's going on in crypto? Link good to invest in now? It looks like it fucked mooned like crazy since last I saw it was 15 cents. I owned 15k shares which was like 4k and is now worth 33k.

What about BSV? That shit isn't even on coinbase, and has been removed by all of the major exchanges, how the fuck is it mooning?

I've overcome the emotional rollercoaster of crypto, which I think has shaved years off my life due to stress, but I'm back and ready to make retarded trades again.

>> No.16842409

BSV is an obvious scam. Link is a decent but right now. BTC always a good option and ethereum as well

>> No.16842410

LINK is a good long term hold, on the safer side.

For more high risk altcoins I like FTM. Their aBFT consensus as a service approach is pretty promising imo.

Else QNT might be good, especially now that is has dumped a lot, interoperability is big and Gilbert has lots of connections.

>> No.16842413

Link quant bsv Xrp thank me later

>> No.16842432

>>16842355
Don't listen to these fucking retards.

All the oldfags that stuck around are in BSV.
Good luck buddy, and welcome back.

>> No.16842445

>>16842355
Buy OCN decentralized ODYSSEY fagget

An alphabet nigger and insider told me Yi Shi 888 is a genius and about ocn 2 years before it was released. I got drugged and put in a hypnotized trance TWICE and was told to Buy OCN decentralized ODYSSEY fagget s and get rich like me when it goes to Saturn cunt...

>> No.16842505

>>16842355
Unironically BSV actually. The next few weeks are going to be nuts

>> No.16842512
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16842512

>>16842355
Here's the rundown. BSV is a total shitcoin. Weirdly enough a grown ass man is trying to take credit for being Satoshi. He invented his own coin named Bitocin Satoshi Vision and hired a bunch of Indians to "develop" it.

>> No.16842555

>>16842432
Thanks, it feels kind of good to be back, actually.

The 700k was life changing in a sense. Took so much pressure off my life and gave me the opportunity to travel the world for a while.

I have a feeling the crypto fatigue is ending, and we're ready for another rollercoaster ride.

>> No.16842573

>>16842555
Bsv is a meme. Go link, btc, eth

>> No.16842597
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16842597

>>16842355
Reasons why Link will fail

1. Zero customers, zero need. No one is going to pay for information to be inserted into a smart contract. That's what an oracle is supposed to do. The problem is a x100 calls costs a x100 times whatever Link charges. If you have to make thousands of calls, that's hundreds of dollars in Link tokens. If I were a dev, it would be much simpler to just make my own call to whatever data I needed.

2. Zero development, all marketing. Link has hired shills, link started on biz and Sergey himself got the inspiration to post, network with and contact people on biz. That's why begging is not allowed on biz, because after link a lot of other tokens tried to copy them. There's a lot of disingenuous shills saying that Link was only made for business cases and biz was never supposed to discover it. Quite the opposite, it was made first as a marketing token.

3. Deceitful. The Link team lies continuously; they'll attend a conference (SIBOS) and say they're partnered with Swift which is a banking protocol that handles these bank conferences, implying that they're going to handle data for big banks. They contacted the Google dev to make an offical blogpost and thus said that they're "partnered" when in fact, it's just a mention. They stretch the truth.

4. Zero transparency. Link raised 32 million in it's ICO. Since then, we have no accounting of their funds. They market dumped twenty to thirty million worth of chainlink (we still don't know the full amount) and never said a word about it. They're still dumping here and there, even larger amounts and believe they are free to do so at any time.

5. Cult-like behavior. 90% of the memes made by Chainlink pose Sergey as this kind of messiah. They encourage zero compromise grounds that anyone should sell their token. They encourage people to buy their tokens despite; mortgages, spousal issues and even when their "investors" are homeless they'll encourage people to buy more.

>> No.16842604

>>16842355
How did you cash out that money at once? Did the bank redflag your account or anything?

>> No.16842676

>>16842432
This, all the oldfags and high iq ppl are currently in bsv.
It not being on major exchanges makes pumping easier now, then once it garners more mainstream attention it will get a big influx of normies and moon even harder.
It's the only crypto that has actual usage,
I am on twetch every day where every like and post is a bsv transaction and you can make money from posting there, or have fun tipping people 5 cents.
The high throughout and low transaction fees are enabling use cases that are unthinkable on other cryptos

>> No.16842707
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16842707

>>16842355
Welcome back anon.
Read CryptoSeq's articles and get some QNT.
https://medium.com/@CryptoSeq/quant-network-partner-with-sia-a-game-changer-for-mass-blockchain-adoption-by-financial-9059ab411069

https://medium.com/@davW/a-deeper-look-into-the-quant-network-utility-token-qnt-valuation-dynamics-and-fundamentals-84633ca7cb58

Short: Quant is the interoperability standard of DLT. Only listed on Bittrex/IDEX, more to come. We're all gonna make it.

>> No.16842723

Exploring.link/eoy2019.php will tell you everything you need to know

>> No.16842747

>>16842604
No, I cashed out everything via coinbase which made taxes much more bearable. I had no previous experience with tax rules regarding trading, and actually got very lucky because I could have majorly fucked myself over.

I don't know why people complain about their fees. The amount I made from crypto is so ridiculous I would have gladly paid 10x the fees for coinbases security and ease.

>> No.16842756

>shares

>> No.16842774
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16842774

even though OP is a LARP eth2 is unironically about to moon so hard

>> No.16843300

So, I have a chinese friend who is like a crypto millionaire. I suspect that he's made over 15 million from crypto because he started a company and straight up bought a 3 million dollar condo in San Fran.

He says that crypto is going to boom again because basically China was waiting to set up infrastructure before they eased regulation. Can anyone add to this? He goes to legit crypto conferences and stuff, I don't follow it too much because I have better things to do but he's been steadily getting richer even in the bear market

>> No.16843371

Going to kind of hijack OP’s thread here.

Should I be buying more link? I’m an absolute poorfag and I have 1200 LINK.

I know price predictions are silly but seeing numbers like 20k, 30k & 50k being thrown around makes me feel like my stack is borderline useless.

>> No.16843671

>>16843371
don't "kind of" hijack my thread. If you're going to do it, do it, or don't do it. Fucking faggot.

>> No.16843688

>>16842774
Imagine riding a white horse and leaving a shitstain on its back

>> No.16843801
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16843801

>>16843671
That’s why you missed the top

>> No.16843815

>>16842432
This 2016 fag checking in finally reach my old ath

>> No.16844347

>>16843801
Link is for losers buy trx

>> No.16844375

>>16842597
mama mia pasta originale

>> No.16844400

>>16842355
Literally just buy BTC and wait for a 10x. You will get your million

>> No.16845338
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16845338

>>16842355
Really the only technology that scales is Bitcoin, but Core cucks have destroyed it with teeny weeny small blocks, segwit and lightning. The only way to scale blockchain is through big blocks. That's why there are more and more BSV supporters in here. I literally have went through all the stages of pic related.

>> No.16845411

>>16842355
>I've overcome the emotional rollercoaster of crypto, which I think has shaved years off my life due to stress, but I'm back and ready to make retarded trades again.

Based. I know where you're at, I've been in since 2013 and it took me a really brutal bear beating to get my head fixed, now it doesn't affect me at all. My only play for this cycle is QNT, can't begin to say how good it is. 100x would be FUD, it will be a top 10 coin during the next major bull.

If you're putting a couple hundred grand in then that's a killer play. Link will prob do well but it's market cap is already much higher than QNT

>> No.16845851

>>16845411
can someone tell me wtf quant is? Is this a meme or the next link?

>> No.16845858

>>16845851
>the next link

cringepilled

>> No.16845869

>>16845338
this. BSV is where it's at

>> No.16846005

>>16845858
shut the fuck up

>> No.16846019

>>16842355
Just buy some CENNZ and you're good to go.....read about it if you dont believe me

>> No.16846024

Xrp is shorted to bottom of lowest hell, about to reverse to longing soon

XRP also goes up fast as hell when it does

>> No.16846026
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16846026

Look into BRAP

>> No.16846038

>>16842355
BTC, BCH, ZEC
>BSV
spot markets are thin as fuck, prone to manipulation, CSW is a con-artist

>> No.16846039
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16846039

Fucking hell, just buy some BSV. The anons shitting on it are either retarded, trying to keep the price down to accumulate or Greg.

>> No.16846052

>>16846038
>CSW is a con-artist
no, he is satoshi