Is LINK being setup for a crash?

[Anonymous No.17555548]

Lots of people are using leverage to long LINK right now. Are the whales letting lots of small buyers buy high at $4+ so they can then drop it to $2 and liquidate them all?

I'm all-in LINK and I'm tempted to use leverage to increase my stack by 25% but it seems like that would be a dumb money thing to do. I'm usually dumb money.

[Anonymous No.17555605]

>>17555548
Why risk it when it inevitably will hit $1000 ?

[Anonymous No.17555626]

>>17555548

My max ever leverage is liquidation at 1 usd. Sounds retarded I know, but its insanely unlikely to go to 1usd unless black swan. And even then, i can just load emergency fiat in.

It's in no way optimized for profit lol, but even a 75% retrace would still leave me fine. Ive 25k linkies. There's people put there on 2 margin thinking theyre safe like. Not worth the risk imo

[Anonymous No.17555628]

>>17555548
It called being too greedy. Whales thrive on that, believe in the project and you will win in the end.

[Anonymous No.17555670]

>>17555626
It’s actually quite possible it’ll go to $1. It’s much more likely to go to $1 than to $20.

[Anonymous No.17555742]

Is it really worth risking the security you now have holding LINK for a chance at a bigger stack?

[Anonymous No.17555796]

>>17555605
>>17555626
>>17555628
Thanks for the sound advice. All of you guys are very level-headed.
>>17555670
This would happen if LINK fails.

[Anonymous No.17555814]

>>17555548
Leverage is for suckers.

[Anonymous No.17555862]

Fuck chainlink and fuck you Jews who have shilled it here for 2 fucking years God damn scammers

[Anonymous No.17557095]

>>17555548
YES!! you should sell all of it.

[Anonymous No.17558441]

Bump