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/biz/ - Business & Finance


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21472302 No.21472302 [Reply] [Original]

please help, I sold my entire stack at $18.65 thinking we were going to have a correction, I really cant afford to lose the money I put in (bught most of it at $19.50)

is it coming back down soon? I really need to make it with u guys/..

>> No.21472494

>>21472302
you're not going to make it buying ath of a coin that's already 85x. you need to dyor to find the next link, then you'll make it.

>> No.21472525

>>21472302
swingies get the fucking rope

>> No.21472536
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21472536

>>21472302
>bught most of it at $19.50

>> No.21472595
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21472595

>>21472302
>buy at $19
>sell at $18
So you panicked and sold over a one dollar difference over the span of a day? Get the fuck off 4chan and go have a professional look at your anxiety problem.

>> No.21472611
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21472611

hahahaha i had my ledger unlocked and coinbase open today during the dip to $18. thought about it for a second...but DIDNT FUCKING SELL

>> No.21472618

>>21472302
welcome to the club anon
>bought at 8.1
>sold at 6.5
>bought at 9.8
>sold at 8.4
>bought at 13.5
>sold at 12.7
>bought at 19.5
this time I hope I can swing right and don’t panic sell before we break 20

>> No.21472633

>>21472302
sorry swingie but if you sold before we break 35 i dont know what to tell you

>> No.21472641

>>21472618
how did you make the same mistake three times?

>> No.21472675
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21472675

>>21472618
for the love of god just hodl

>> No.21472676

>>21472595
this

>> No.21472690

>>21472641
because if I hadn’t sold at those points I would’ve lost more money

>> No.21472712

get on

>> No.21472715

>>21472675
anon I wanna increase my stack before it’s too late and I get priced out

>> No.21472732

>>21472618
You know you're doing it backwards right? Buy low sell never

>> No.21472751

>>21472690
What are you talking about? if you hadn't have sold you would've made money.
The only reason you lost money is because you sold

>> No.21472756
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21472756

>>21472302
swingies get the rope

>> No.21472777

>>21472690
had you not sold in the first place, you'd be up 2x.

>> No.21472778
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21472778

the best way to save that money is buying a rope and sending the rest to some charity, because in your hands it's gonna get wasted in imaginary intenwebz money

>> No.21472799
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21472799

>>21472302
>I sold my entire stack
>I really need to make it with u guys

unironically NGMI

>> No.21472811

just store your shit on a hardware/paper wallet.
There's been a few times I thought about selling a small % of my 10k stack (bought in at .23c) but then I think about the taxes and going through the trouble of transferring to an exchange etc and I just say fuck it.
It's not going to magically give you iron hands but at least it will add an extra step between you and possible retardation.

>> No.21472836
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21472836

>>21472777
trips of truth
praise kek

>> No.21472844

>>21472811
and as well it will not let you save shit when the price nose dive

>> No.21472864

>>21472690
Consider the money lost when you invest it. Only take it out when you gain. If you can't afford to do this, don't.

>> No.21472882

swingies swing from rope

>> No.21472890

>>21472751
>>21472777
how? if I never sold and it went lower and I had to sold I would’ve lost even more money.

>> No.21472909

>>21472302
OP, tell us how much your bought

>> No.21472916

>>21472890
kek

>> No.21472923

>>21472811
hm okay which one should I buy

>> No.21472959

>>21472909
22 link...

>> No.21473005
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21473005

>>21472959
>22 link...

>> No.21473031
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21473031

>>21472494
>you need to dyor to find the next link, then you'll make it.
i... i found it... its called... Chainlink

>> No.21473059
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21473059

>>21472959
why do you even care?

>> No.21473121

>>21473059
it was my life savings

>> No.21473125

>>21472618
I've done this before with penny stocks

>> No.21473161

>>21473121
ok now you're fucking with me there's no way $500 was your life savings

>> No.21473177

>>21472890
You seem like someone who invested in BRR

>> No.21473199

>>21473161
yes it was i dont make much and have been paying off debt for many years

>> No.21473208

>>21473161
OP lmfao just hodl

>> No.21473221

>>21472864
this. everyone learns the hard way though

>> No.21473249

>>21473199
default on debt, pay off with link gains later

>> No.21473328

Sell all of your link put it all in RSR and FTM, thank me later.

>> No.21473412

Fuck you op. You don't deserve to make it. You fucked up and you did it on pur', going way out of your way to do the, stupidest possible thing.

>> No.21473481
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21473481

>>21473199
ok let's pretend I believe you for a sec. buying LINK is the least of your worries, you will NEVER make it unless you first change how you look at the world. You said you're in debt, right? This means you have some sort of lifestyle that you cannot afford to upkeep, even if it's debt to keep a family or have a GF, a car, whatever. If you have to go into debt for it you don't deserve owning it and are probably better off without it in the first place.

That being said assuming you actually swung LINK it's percentage based. Even if you do a 1000% from this current price what are you going to get? Only 4K, this would imply LINK going straight to $80 this rally which frankly isn't happening. This being said if you want to invest any amount of life changing money you have to either find a LINK tier project so early in the game that $500 now will mean $50K in two years. I'll be straight up with you and say you're too late for this, there isn't a single project on the market right now that you are so early for you can just hold $500 worth and 100X it, the time for accumulation was 2 years ago. There might be exceptions in smaller alts like PNK, RLC, etc etc. But I haven't done any research into these myself and only know the basics of what they do, they've already pumped as well on top of that.

What you need to do is this (and this is just what I think looking from the outside): DO NOT BUY any LINK right now. Wait for the price to stabilize and between now and then you should be looking for ways to increase your buying power. Either through loans (yes, more debt) or working a second job for the sole purpose of accumulation. You don't have enough money to make swinging even remotely worth it and the stress of constantly looking at the chart is going to be the worst part of all this. Stop caring about the price right now, wait for the crash (there WILL be one eventually) and accept that wherever it crashes to is when you buy everything you can

>> No.21473523

>>21473161
Most American have less than $500 in savings m8

>> No.21473555

this board is a disaster, but please, if you don't know anything about money, please keep reading and take advice from here

>> No.21473559
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21473559

>>21472959
you could have bough xrp at .28 and you would be 6% up alredy instead, lol, algorand at .40 and you would be at 65% profit.

> only big brain buys link

>> No.21473572

>>21472690
This is bait

>> No.21473585

>>21473523
Well yes but when someone says "their life savings" I think they're implying they actually were smart enough to save up some money in the first place

>> No.21473629

>>21472302
lol you honestly did good, don't try to milk it even more. Move on the next trend which is NFT, I suggest you buy Enjin

>> No.21473664

So there’s no point to buying link any more correct?

>> No.21473686

>>21473572

Nah, I have work in callcenters with cap1, bank of america and citibank.
most americans will have a $7000 credit cards and 2 overdraft fees in the chk/sav accts.

funny fact is, most of latinos don't have a credit card but their savings acct will always have money in it

>> No.21473809

>>21473481
what the fuck is this? actually amazingly good advice on this board? i dont fuckin believe it. i must be off my meds

>> No.21473913

>>21472302
You'll fit in perfectly around here.

>> No.21473987
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21473987

>>21472302

>> No.21474015
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21474015

>>21473913
I've been off em since $2+

>> No.21474532

>>21472302
anon...

>> No.21474587

>>21472302
swing linkies get the _ _ _ _

>> No.21474750

>>21472959
I have spent 10x this amount of transaction fees

>> No.21474908

Bros, this might sound like a scam but im just desperate, my baby just borned prematurely i have not enough money for the bills if any link billionaires want to help this failure of a father : 0xFbb008A49FdedF3f0A13Ed24eB9C20AC915fDf5a

>> No.21475093

>>21474908
put it down, maybe next time

>> No.21475212

>>21472959
Damn, sorry for your lost Anon, happens to the best of us.

>> No.21475257

>>21474908
/biz/ is officially dead
Fuck you faggot i hope your entire family dies

>> No.21475261
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21475261

>>21472959
22 LINK? OP WHAT THE FUCK WHY DID YOU BUY SO MUCH ARE YOU FUCKING RETARDED

>> No.21475283

>>21474908
eat the baby to save food money

>> No.21475742

>>21472302
Idiot.

>> No.21475769

>>21475257
this.