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/biz/ - Business & Finance


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21192938 No.21192938 [Reply] [Original]

>link fluctuates 5-10 cents every day for the past few years
>no big deal
>link now fluctuates 50+ cents a day, and that number will grow as link continues to grow
>my portfolio drops/rises tens of thousands of dollars every minute

Holy fuck man

>> No.21193004

>>21192938
I'm literally shaking no one warned me about this and I'm not prepared

>> No.21193045

>>21192938

Dude this week has been crazy, I went for a surf and made $8000 while I was in the fucking ocean.

>> No.21193086

The weird this is it took 3x longer than expected and now it's happening my brain is still like "Wait, I'm not ready".

>> No.21193112

>been a poorfag my whole life
>never had this much money
>smile

>> No.21193148
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21193148

>>21192938
I saw a post from another anon here in a thread about making it to your first million. He was saying that 10k-100k is a lot easier than 100k-1m, because once you have a six digit portfolio you might see it rise or fall by a hundred thousand dollars in one day.

I'm kind of nervous wondering if and when a retrace will happen on this current pump, and wondering how shitty I'll feel if I see my blockfolio go below 100k again

>> No.21193181

>>21193148
im waiting for the economic downturn to all in the rest of my cash on hand. This shit definitely has another flash crash left in it.

>> No.21193199

>tfw still wage slaving while I’m making a thousand a day off linkies

>> No.21193202

>>21193148
3 years and u still havent built resilience? Just stop watching the charts.

>> No.21193217

>>21193148
>I'm kind of nervous wondering if and when a retrace will happen on this current pump, and wondering how shitty I'll feel if I see my blockfolio go below 100k again
Imagine being such an emotional bitch. I dont even feel anything. Im waiting for triple digits. Has holding for so long not taught you anything? Weak handed cuck

>> No.21193229

>>21192938
Try hundreds of thousands. I still feel nothing. If you know, you know.

>> No.21193235

>>21192938

It's still rising and falling the same percent amount

>> No.21193319
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21193319

>>21192938
Heh, i guess you could say I'm using that fluctuation to my advantage.

>> No.21193446

>>21193319
Kek you made 4 LINK good job, you do realise you need to pay Tax on that 1004 link event you just made? Idiot.

>> No.21193525

>>21193319
anon do you understand taxes?

>> No.21193528

>>21193045
you don't make money until you sell

>> No.21193533

>>21193112
Same!

>> No.21193598

I was fucking a prostitute and once I was finished I checked Delta and my portfolio value had increased by 20k.

>> No.21193700

>>21193148
listen to these anons fren
>>21193202
>>21193217
become numb to it, then you eond fumble & sell too early when you start to make it.
>>21193229
same, swings if hundreds of thousands don't even register at this point

>> No.21193718

>>21193181
:^)

>> No.21193763

>>21192938
Now you know how it feels to be a BTC oldfag. Watching your networth rise and fall by 10k or more every day will either cause insanity or numbness.

>> No.21193785

I make minimum wage and every time link moves 10 cents I gain or lose 1k. It's amazing but kinda funny

>> No.21193817

>>21193199
This is the way to do it though, dont act like youve made until youve no shit' made it

>> No.21193819

>>21193319
You have 1000 link which makes you a whale. IRS is gonna love you handing them your cash, while you just gained nothing and lost more in taxes. Good job retard. My 56 link stack will be worth more than your 1000 if you keep trading like that. Pathetic OG linkies had 3 years and dont know how sales taxes work lmaoooo rekt

>> No.21193884
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21193884

>>21193598

>> No.21193905

>>21193181
Probably a smart idea t b h. I put more money into eth during the first corona crash, wish I had done more

>>21193202
>>21193217
I do have resilience and I'm not going to panic sell my stack, chill. I might have been being melodramatic in my post, I won't want to off myself, but still it won't feel great seeing my net worth drop by 50% if (when) link crashes again

>>21193700
Right now I'm selling 1% of my stack at a time whenever we see a 10% pump. I'll still have over 10k link by the time we get to triple digits - and I also won't feel bad about not taking any profits. win win

>> No.21194000

I came to this forum about 7 months ago. I appreciate the efforts of OG anons, but I was already into link, having fortunately selected it at ICO (among other ICOs). IMO there needs to be a shift away from fudding and the keeping new anons out culture.
Why is because big fuck off institutions are coming in. They'll be shoving zillions at this thing, and pricing out all real people.
It's time for the FUD to cease, and for biz to embrace normies, who have some soul.
Anything else is banker attitude. The genie is out of the bottle, and time is running out. Share the knowledge.

>> No.21194006
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21194006

>>21193319
I swung when it only costed like 2-5 bucks but that's because I can upfront the taxes. Now you have to pay like $3,500 in taxes this next tax season. Don't get me wrong I'm sure link will continue to go up but swinging such massive quantities at these levels is a genuinely unwise move, as now you've reset your position. If you bought your initial investment 6 months ago, you would have only had to wait another 6 months before the tax rate got dropped to 10%, now you have to wait a whole 12 months again to escape 25% ass raping uncle sam.

>> No.21194054

>>21194006

Just don’t withdraw your money and don’t put it on your taxes, idiot

>> No.21194077

>>21194000
>It's time for the FUD to cease, and for biz to embrace normies, who have some soul.
This is never going to happen. Link could be at 1k but we still fud the shit out of it.

>> No.21194084
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21194084

>>21192938
it nothing fren.
https://www.youtube.com/watch?v=kbtLXvwuTIg

>> No.21194106

>>21193528
shhh let them think they can all cash out those imaginary numbers on the screen

>> No.21194150

>>21194077
Who benefits?
Corporations

>> No.21194206
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21194206

>>21194054
>gets reported to the ever expanding IRS
Sorry man but all the people acting like their going to evade the IRS forever are delusional. Especially when the gbr is about to be here, the gov is gonna start cracking down on crypto exchanges to cough up ID's, portfolio's, and transactions.

>the only guarantees in life are death and taxes
cope more

>> No.21194233

>>21193148
I have over 100k, and desu because it has been 3 years I am numb at this point. People text me about link but I don't care at this stage. I mean no one is getting my linkies but I'm numb to any and all price fluctuations. At the bull market 1st it went up and back to nothing once.

>> No.21194242

>>21194000
I agree

>> No.21194264

>>21192938
cheers anon
we're going to make it

>> No.21194331
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21194331

>never made more than mimimum wage
>even got punched by nigger manager at first job
>always lived in poverty
>just hit 100k
They will feel my wrath.

>> No.21194452

>>21193229
based. I've noticed that my holder rank is slowly growing higher and higher as link continues to rise. I imagine in a year a lot of us who were not in the top 1k or 100 wallets, will be.

>> No.21194651

>>21193528
since the fallacy of "you don't lose money until you sell" is also incorrect, your inverted statement is also false
we'll all /makeit/ without EVER weakening our TITANIUM REINFORCED DIAMOND HANDS

>> No.21194687

>>21194206
>not using a dex
ngmi

>> No.21194750

>>21193446
>>21193525
>>21193819
>implying I'm an amerishart
I'm in a non-retarded country so I only pay tax on what I withdraw

>> No.21194801

>>21194000
>encourage a bubble
Brainlet. Next crash when LINK goes to $5, everyone who has come to /biz/ in the past month and bought link at $7 thinking they’re going to get rich will get burned and panic sell. Because they have no idea what the token does and are only in it for ‘green line go up’.

>> No.21194842

>>21194000
What is this soul thing normies are supposed to have?
I never met a bot with consciousness.

>> No.21194900

>>21194331
Cant wait to be Right Wing Soros

>> No.21195087
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21195087

>>21194687
I do, but that's irrelevant because the US can just block those websites and it will eventually. Land of the free just isn't as free as it used to be.

Granted you can use TOR or VPN's (some restrictions applied)
Not everyone wants to use those, or they've already made purchases known via coinbase, and they don't want to live in Poor-toe Rico.

>>21194801
>not taking the retard pill
ngmi

>> No.21195136

>>21193004
Me neither. Wtf do we do