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/biz/ - Business & Finance

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20728696 No.20728696 [Reply] [Original]

If I sell RIGHT NOW I pocket $3 mill after tax. I could easily retire. Yet I choose to hold hoping for $1000 eoy. Am I mentally sick?

>> No.20728739

>>20728696
There is nothing wrong with taking profits now. If you do, do not keep checking to see if it goes up or down or you will neck yourself.

>> No.20728748

>>20728739
fpbp

>> No.20728749

I'd take 1 mill in profits and quit my job. Then when it does hit $1000EOY you'd still have more than enough money to buy a yacht.

>> No.20728758

>>20728696
hory sheet, my goal is just to get a bit above $1 mil to retire, what the heck r u waiting for

>> No.20728764

>>20728696
Cash out a third
What does it matter if you have 300 million or 200million if 1k works out

>> No.20728784

>>20728696
Have you ever thought that LINK goes up only because the dollar is crashing? Get ready for 300USD for a loaf of bread.

>> No.20728845

>>20728696
Anon, you made it. Get the fuck out and never look back.

>> No.20728863

>>20728696
take half a mil off the table and buy a comfy house in a safe area, away from blacks and near fresh water

then pursue hobbies and start a family, stake cryptos and give your kids/community/church/bros stacks of value in your will

godspeed

>> No.20728885

>>20728696
Take some off the table. Even if it’s just half a mil go buy a house to live comfy

You have life changing money

If it all evaporated or lost most of its value you would always live with regret

>> No.20728888

>>20728696
No, you're intelligent

>> No.20728889

>>20728845
this

also 1000 usd will not happen any year whatsoever. Sorry to let you know.

>> No.20728936

more faggot cope posting

I promise you OP is a $7 nulinker desperately hoping that chainstink scam doesn't drop.

>> No.20728940

>>20728696
>cash out a 1/10 of your position and have some fun for a while
>set a few other milestones and cash out 1/10 at each achieved milestone
>save apart a certain percentage of your stack for staking

>> No.20728944

>>20728696
Cool story, bruh

>> No.20728947

>>20728696
I would cash out in all honesty. I'm 36 and having to wageslave till 70 so that government can give away my money to immigrants and southern European countries. I would not take any chance and sell right now.

Did you ever wageslave anon? Or are you a 12 year old lucky linky? This should not be a question at all.

>> No.20728948
File: 86 KB, 680x748, 1593074881004.jpg [View same] [iqdb] [saucenao] [google]
20728948

>>20728696
I'm with the others, take some profits. If everything crashes to $0 you can feel smart you got out with something while others lost everything. If it pumps to $1000+ Then you can cry over your lost gains into your massive pile of cash.

>> No.20728964

>>20728696
You have 3 mill after tax...
$1000 is a meme idiot.
This is how people lose money when they don't sell the top.

>> No.20728986

Fuck that 2.5-3 mil is my make it goal too. Maybe wait EOY and make double but id cash probably, talk about hands of steel OP

>> No.20729001

>>20728696
Hold anon. Why would you sell just as Chainlink is starting to get traction. You held through the shit times why sell before the good ones? Doesn't make any sense to me.

>> No.20729010

>>20728947
I'm 26, but i know this guy gets it. i've got 3 kids - i'm waiting for this golden bull run to buy us land somewhere with clean drinking water and enough land to be self sustainable.

You need to have a vision of what 'making it' is for you, and obtaining it. And it should not be a purely monetary goal, you should have to tie it in with living a good life.

No one honestly needs more than 1-3m to actually 'make it' if they're smart. think about it anon
most can (and i will) do it with less. I'm only looking for 500k to buy land outright and invest in a small cafe and studio.

>> No.20729022

>>20728696
Sell half of it. That's almost enough to retire on it's own. If Link goes to a thousand it really doesn't matter if you slice your stack in half now, you will have "fuck you" money regardless.

>> No.20729028

>>20728696
don't do it just wait. the aim isn't to be able to cashout with 3 mill+, it's to be able to cash out with 3mil + AND still have as much of your link stack left after the cashout as possible

>> No.20729037

>>20728696
you shoudl've sold at $8 stupid kunt

>> No.20729049

>>20728696
Sell half now nigga, you already made it.

>> No.20729051

>>20728696
you mean 3 million minus taxes and levies, not to forget on each trade. What will be left over? about 1.4 M. Shanika thanks you

>> No.20729060

Right now you have enough theoretical money to cash out less than a quarter and buy an asset that both appreciates in value, and provides cashflow, like a business or property.

Secure your future, anon. It's not a real gain til you cash it out.

>> No.20729085

>>20728739
>neckojg yourself over 3mil
Why would you ever though? Because you "could have" made more? Sure that would be a good deal but 3 Mil is fucking fantastic and op should be proud whatever route he goes

>T. Newfag who's only invest 600 into crypto so far

>> No.20729100

If you listen carefully you can hear Simeon desperately samefagging to try to get OP to sell cause he only has 500k left of borrowed link to dump to try avoid getting liquidated.

>> No.20729132

>>20728696
You have about 625k Link tokens (assuming a 33% tax rate).
Even if you bought at presale, that means you had about $62k to throw at an extremely risky ICO at the tail end of a wave of promising-looking ICOs.

You already made it before you even touched Chainlink.

>> No.20729162

just take out enough to live comfortable for the next 5-10 years and keep the rest in link. if i were you i'd diversify a little more into some other cryptos, and buy some gold and silver.

>> No.20729163

If this is true, and not a LARP you're honestly retarded.

I'd sell 50% just in case - we've seen it before in crypto, shit can tank -90% and never recover.

Link isn't immune to this - there could be a hack, oracle failure, law change and it's all over

Your $3mil on paper could be nothing next year, or could be double/triple - hence why 50% would still be fine

>> No.20729172

>>20729085
3 millions are nothing. Doesn't even get you a house in a prime location.

>> No.20729182

>>20728936
Prob - same shit like "damn, I wish I could buy more right now!!!"

You just know it's a $8 bagholder with their $1000 bag

>> No.20729192

>>20728696
just sell 80% stfu

>> No.20729202

>>20729163
ofc its a larp. duh how new are you nobody has more than 5K Link and those are the ogs that got in at ico

>> No.20729219

Literally sell everything except 1000 linkies, keep a suicide stack so you can keep memeing with us

But fucking cash out and get some kind of steady appreciating or recurring income asset.

>> No.20729245

Sell 30%
>If price drops, buy back in
>If price rises, buy a house

>> No.20729264

>>20728863
Fucking Church??!!!!!

>> No.20729336

>>20728764
Because he will be mogged by iron hands anons like me at the boat party with $300 million

>> No.20729353
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20729353

>>20728696
Hold unless you need it right now. I’m at about 1.5 mil after taxes if I sold everything right now. I want 1 mill post tax and to still have 150k-200k Link to hold long term and potentially stake. I truly believe we’ll see $20 by eoy

>> No.20729433

you know that you're in the wrong timeline when link still isn't 1k and michelle pfeiffer didn't reprise her role as catwoman in a third tim burton batman movie.

>> No.20729558

>>20729353
Based. I am at right about that too with current price. 1 mill post tax and 150k-200k link sounds like a great goal for me as well. The stream of good news feels never ending, and the Defi bullrun seems very likely. I might sell 10k when we hit $10, depends on when we hit it.

>> No.20729578

>>20728696
Would Diogenes sell?

>> No.20729613

Cash out 2 million and hold the rest

>> No.20729621

>>20729264
>

>> No.20729628

>>20728696
you are hodling pets.com stocks

>> No.20729737

CASH OUT RETARD. AT LEAST 1m.

>> No.20729756

>>20729172
Retard

>> No.20729852

>>20729353
Anything below $20 would be a huge disappointment, considering the money printers going brr

>> No.20729943

You are not mentally sick, you are literallly retarded. Chainlink is going to dump with btc like all of the altcoins. Sell now

>> No.20730036

>>20729010
You got it anon.
If you got a payed of house and a reasonable car you are already so much ahead in life. (Never having to pay rent again ever) Taking a risk to loose it all because 3 million is not enough is very dumb. I just hope OP is larping.

>> No.20730039

>>20728696
There a load of fags here that want your linkies OP, if you're a bitch you'll cave and let them and nexo have them. If you're a chad you'll hold till AT LEAST after staking. Do what you want though bud, people foaming at the mouth in here that want your linkies though.

>> No.20730170
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20730170

>>20728696
No, I have 1M with current valuations and I still stick to my original plan which was to wait for the next crypto bull run and/or staking implementation to see what price my stack can achieve and what I get from steaking.
I bought more Link yesterday because I expect it to go up in the next 18 months.

Of course there is always a small risk that it won't work out as expected, but I trust the /biz/ collective which brought me to my current state.
If something goes wrong you would see a lot of Link marines sell same on the same day and crashing the market, but I only gave this project a 40% chance of success when I went all in and I was ready for this leap of faith.

It either success tremendously or it fails spectacularly.
There is no middle ground and no gain without risks...

>> No.20730174

>>20729085
you're thinking like a peasant. Sure that money is nice to have, but it doesn't elevate you meaningfully from normal working people. You wont be poor, but you won't be rich either.

>> No.20730230
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20730230

>>20729172
>wanting to live in a big city among the unwashed, violent niggers and spics
Just kys

>> No.20730237

Sell half

>> No.20730262

>>20728696
how does 300 million sound?

>> No.20730727

>>20729100
Checking those dubs
>>20729336
Based
>>20729353
Well said

>> No.20730907

>>20728696
Sell 33%.