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/biz/ - Business & Finance


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21526832 No.21526832 [Reply] [Original]

>I will have $200k worth of link when/if we break $20.
Basically I haven't slept properly for days watching these charts. This is a very significant amount of money for me. Unironically life changing. But if link hits $25 I will have enough to pay off my 30 year mortgage immediately, with enough remaining to pay off my car loan. I would still need to wage but I would have an extra $1000 per fortnight that I would get to keep. This means I would have $3850 of completely expendable income per month.
I want to believe that link will go higher. I want to believe that we will moon after smartcon. I want to believe that we will all be staking our link in September. But the sheer stress of seeing this much money and knowing that it could all disappear at any moment is killing me.
What should I do anon's? Any type of advice is welcome here.

>> No.21526904

Dude. It's simple. Once you make 200k on link go in to LTC it will 10x and you can make 2 mil

>> No.21526934

Unlikely to disappear. Might drop a bit, but it'll come back when the network usage increases, and it will.
You could take out the minimum you need to see yourself through the next year or so. $200k is a good amount. There's no point in starving. It all boils down to how risk averse are you?
I'm at almost $1M, and it's 95% Link. It's now my retirement, and my dreams. I'm inclined to risk it.
I'm not selling a single Link.
But that's me.

>> No.21526939

>>21526904
I honestly think the stress of holding 2 mil in crypto would shorten my lifespan significantly.

>> No.21526955

>>21526832
>that we will moon after smartcon
anon how fucking new are you?
pump the news dump the event

>> No.21526965

>>21526832
Sell.
>one month later
seethe grind teeth and regret

>> No.21526996

>>21526832
Worst case scenario-

$8-10

Best Case Scenario-

..limitless

Up to you anon. I do know one thing. If you want to make multi-generational wealth. This is your chance at doing so. 200k definitely wont help with that.

>> No.21527006

Why don't you lock up some profits? You're setting yourself up for serious long term psychological damage the way you're thinking. Nobody can live with the anxiety that all their dreams can be shattered at any moment by things that are outside their control. Put 50k aside, you'll feel better and you can always jump back in if there's a correction. Hodl is a meme and not a healthy one at that.

>> No.21527012

>>21526996
how high do you think link will rise to

>> No.21527015

Anon, it’s happening... this morning!

>> No.21527017

>>21526904
why in the hell would ltc do a x10
it hasn't even reached it's pre corona dump levels unlike most of the other coins who have not only reached it but surpassed it by far

>> No.21527046

>>21526934
>Unlikely to disappear.
2017 vibes

>> No.21527065

nice breakout now btw ;-)

>> No.21527087

>>21526832
Imagine if only 2-3 years down the line we reach ETH tier levels.

Your $200k is now 5mil

Cashed out and invested into boomer index funds that would be 160k a year passive income until you die.

>> No.21527097

>>21526934
I have been heavily considering cashing out 2.5k link at 20. That would give me $50k at least, which would get rid of the car loan and put me in-front of mortgage by 3 years. Would still have 7.5k which doesn't seem horrible. I am just not cut out for this. Felt 100x better about things before my portfolio crossed $100k, which feels like only last week.

>> No.21527110

Fiat is worthless so your mortgage and retard shit like credit cars and whatever don't matter. But go ahead and sell. I want to be one of the few to make it from 0.2 to 2k without selling a single link. Puts me at nine figures portfolio by that point. I'm going to have a threesome with your daughter, wife, and your sister. They'll suck and swallow and get ass full of cum. Oh it will be a grand ol' time.

>> No.21527148

>>21527110
How would cashing out a 9 figure sum look like?

>> No.21527163

>>21527046
Link isn't just a token that does essentially nothing, anon. DYOR. BTC really served no purpose other than being a store of value. Link has utility value and is needed to drive a network which very big players are looking certain to adopt. If you can't see this, that's your business.
You're prob fudding anyway

>> No.21527166

>>21526832
I don't want to give shitty advice but I'm in the same boat as you. I saw 7 figures back in 2017/18 and didn't cash out, now I'm paying off a home loan and am nearing 200k in link... I can tolerate risks and believe link will probably hit 3 digits within a year or so. Money is money man there is more to life, I'd rather have a large fuck off slice with all the trimmings then paying off a measly home loan. When it hits 3 digits I'll take out 200k and keep floating. That's me. Learn to relax man. You're gunna fucking die one day and all your material shit will mean nothing.

>> No.21527171

>>21526832
Jesus, if your hands are this weak, you're gonna have a helluva time staying along this ride.


It's not going to stop. And to which I'm talking about? Yes.

>> No.21527193
File: 1.36 MB, 1080x1453, Screenshot_20200817-092059_Firefox~2.png [View same] [iqdb] [saucenao] [google]
21527193

>>21526832
Read the Zeus-Capital report, sell and be happy or learn a lesson about greed.

>> No.21527207

>>21527148
Retarded as hell I guess. Why would someone cash out when worth that much?

>> No.21527234
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21527234

Suppose you walk away with six figures - what further opportunities will you have to turn that into seven figures, besides the possible future of Link?

>> No.21527245

>>21527012
I have literally zero skin in this game. I own 100 LINK. But blockchain adoption is becoming more and more prevalent. Shit, the USPS made a blockchain patent for voting and stuff. If only something could make the blockchain more trustworthy...

>> No.21527249

>>21527207
> Why would someone cash out when worth that much?

1) Because holding all your NW in one volatile asset is retarded
2) And I doubt you'll be able to do things like buy houses, trophy wives and lambos with your stinky linkies

>> No.21527259

>>21527163
yeah LINK fundamentals totally defended it from bleeding from ~5$ to 1,5$ last year, and to 1 cent in flash crash March 2020. you are fuckin deluded.

>> No.21527269

>>21527097
What's the interest on the car loan? I bet it's not much. Is it worth clearing that while risking the huge gains Link may see? I'd rather keep paying the interest for a year or two, and see where the land lies.
With regard to mortgage, the longer you leave it the better. interest rates are low, and you have inflation on your side the longer you leave it. I'm on a fully flexible mortgage with 17 years left on it. I'm paying the interest only and intend to clear the principle on the last day of the loan term, when it'll have devalued massively anyway.
Think about what you're doing, anon

>> No.21527311

>>21527249
Buying assets, cars, houses, and whores isn't cashing out really. You'd have to be retarded not to keep most of your net worth in good assets though. Anyone cashing out is a fucking retard, that's all there is to it.

>> No.21527327

>>21526996
>Worst case scenario-
>$8-10
I thought the same thing when I held REQ for a year from $1 to $0.05

>> No.21527341

>>21527259
That flash crash was an exchange fault. You're grasping at straws. Previous drops were because the further back you go, the more speculative it was.
We're looking more and more certain to succeed with each passing week now.
Happy fudding.

>> No.21527346

>>21527311
>You'd have to be retarded not to keep most of your net worth in good assets though

Like equities, bonds and real estate? Which you'd need to cash out of LINK to get?

Which billionaire has all their eggs in the ETH or BTC basket?

>> No.21527347

>>21526832
Just sell 1k now lol

>> No.21527348

>>21526955
>>21526965
These type of comments, exact opposite opinions, literally seconds apart, are what makes me worried. Honestly can't get my head around which one is the correct way of thinking.

Fuck it. If we break $20 today, ill hold to $50, then probably have another existential crisis. If we don't break $20 by midnight tonight, ill cash in 25% of my profit.

>> No.21527422

>>21527346
>Which billionaire has all their eggs in the ETH or BTC basket?

Sergey

>> No.21527435

>>21526832
What I would do... is sell into BTC, then hold for 2-3 years.
Sure, LINK might pump a bit more, but a dump is getting more and more imminent, I wouldn't risk it.

At least BTC is 99.99% sure to hit 100k within 2-3 years.
Once that is hit, I'd cash out $1M, and gradually tether/USDC/whatever stablecoin the rest (like 10-15% every week)

Sure, BTC might keep going, even up to 250k, but it's also SURE to dump down to something like 50-60k within 4-5 years.
Then I'd rebuy BTC with my stablecoin, and just hold that forever as my "savings".

The other $1M I'd put into index funds, blue chips that pay dividends, etc. Then just permanently live off of the 4% safe withdrawal rate that the Trinity Study recommends.

>> No.21527449

>>21527341
im not fudding, im just stating facts. this is unregulated 24/7 market thats heavily controlled by whales. betting your entire net worth when you already made bank when you bought in 2017/2018 on token doing 5X from now, its just same level of retardation that people who bought top in january 2018.

but what do i know. you do you

>> No.21527450

It's going 100x from here you just have to have balls. If you were giving Chainlink a rating from 1-100 in terms of development progress, with 1 being "a concept in someone's head, not even at ICO" and 100 being "Fully smart contract powered global hybrid blockchain business architecture moving quadrillions of dollars of financial products every year and representing a more fundamental disruption to human affairs than the internet" where would you land?
Because we're not at 100 yet, not even close.

>> No.21527464

>>21527422
I bet he's slowly converting his linkies into safer assets, he'd be ret not too.

Granted at his stack he could clear 2% of it and still be set for life.

>> No.21527476

We just hit 19.69 fellas. Looks like today...

>> No.21527483

>>21526832
>>21527097
Also, fuck paying the mortgage and the car loan for now.
You have the chance to be set for life here, and the play is very low risk imo

>> No.21527492

Just think if you had sold link and bought RSR just a week ago. Link is only going to make boomer stock gains from here on out

>> No.21527503

>>21526832
Believe. Believe. That is all.

>> No.21527580

>>21527097
I also hold 10k stinkies and am considering cashing out 15ish % to keep myself busy for 2 years but it stings so bad going under a 10k stack

>> No.21527589

>>21527492
That's comfy when you have $250k+ though.

>> No.21527616

>>21527346
Only a retard would cash out to buy those things. People can use smart contracts to trade actually useful things, like usdt/usdc at the very worst. It's not the 1800s anymore. There is no good reason to ever cash out, ever.

>> No.21527639
File: 421 KB, 496x327, Bitcoin.png [View same] [iqdb] [saucenao] [google]
21527639

>>21527435

This.

>> No.21527656

>>21527348
it might dump short term anon but you have to ask yourself, are we at the top of the bull market yet? is link a top 3 token yet? have eth or btc reached their all time highs yet? since the answer to all these questions is no i think you should be patient and hold for another 6-18 months.

>> No.21527662

>>21527163
but the token isn't needed lol

>> No.21527687

>>21527616
>There is no good reason to ever cash out, ever
So hypothetically let's say you get $10m in linkies.

You have the option of cashing out $4m and being guaranteed set for life never having to wage in your big house in a rich area and letting the $6m moon more if we get to your fantasy.

Or you can HODL everything based on funny apustaja memes from 4chan?

>> No.21527700

>>21527435
>>21527639
>At least BTC is 99.99% sure to hit 100k within 2-3 years.

It barely pumps. Idk why you guys are so confident.

>> No.21527703

>>21527662
wink, wink ;)

>> No.21527758

>>21526934
Dude pull out. Just a bit. I was retarded and watched my portfolio hit 500 from 100k in 2018.

>> No.21527760

>>21526939
fucking lowlife

also dont repay any debts at the very top. just wait until inflation hits

>> No.21527811

>>21527639
Yeah btc has probably the best safe/reward ratio when you hit the 6 figures. Its not far from ath in this shitty economy so imagine how its gonna go berserk in the next golden era.

>> No.21527858
File: 123 KB, 628x638, ramesh.png [View same] [iqdb] [saucenao] [google]
21527858

Ask yourself this anon
Are the bulk of LINK holders using the token for its intended purpose? No? Then it's speculation.
LINK has not found its intended adoption-wide price.
Of course it could certainly spike higher, it could spike to $100 even I'm sure in this clown world.
But at the end of the day profit is profit, and as someone who had 6 digits in 2017 and watched it all whither down again (until this year) I never want to relive that again.
I sold about 80% of my link at $18. I'm not ashamed of that. I don't care what these cult faggots think, I have $250k in cold hard cash and now I sleep like a baby.

Just cash some out, at least. Give yourself some comfort. There are other things to live for, you can cement them in now.

>> No.21527874

>>21527700
Anything that pumps extremely fast also falls with the same speed.
Last year when BTC pumped from 3500 straight to 14k without any breaks, I started selling, because that's too fast without any real corrections.

Which is why Link is scary rn
It's literally doing what BTC did last year from Feb to Aug

The pump I prefer is slow with tons of crabbing, and the occasional correction after a few %
That's the most stable kind.

>> No.21527914

>>21527858
there will be like 5 You's insulting this idea by cultists soon. good job anon, noob money turned into smart money

>> No.21527986

>>21527874
How do you account for what ETH did in 2017, then?

>> No.21527989

last hin: pay attention to how much they want you to sell. that should indicate enough doesnt it anon?

>> No.21527994

>>21527858
Enjoy that new house. And if you already have a house, enjoy that landlording free money. I am jealous

>> No.21528088

All these geniuses advising you to sell when link, unlike btc was heavily surpressed for years and survived the 2018 crash are somehow indicative of a bubble meme are just cope. I have 56k link, my nw is over 7 figures and I'm not selling a single one. You're getting scraps for what should be your retirement, think it through the people who don't have any link are telling you to sell top Kek

>> No.21528116

>>21527874
Do you understand price suppression? No? Well, we'll see you again at $50 in a month or two.

>> No.21528160

>>21528088
Now dont take this the wrong way, im not trying to have a go at you.
But how much did you lose in 2018 when everything else crashed?

>> No.21528168

>>21527986
I did say that these things can still keep going after you sell.
No one can ever time the top.
During BTC's run in 2017, most people started selling at 7k, no one expected 20k.

My point is to make the safe play.
Speculating if this is the final pump before the dump or if there will be more pumps is gambling, it's basically musical chairs.

Chainlink can go to 30, 50 might even wick to 100, maybe I dunno. But it can also start going down after pumping for so long... it's quite a huge risk imo

>> No.21528264

>>21528168
You're avoiding his question so let me rephrase. What drove ETH's price in 2017 to its ATH?

>> No.21528267
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21528267

>>21527914
No, just a screencap and going on my way.

>> No.21528303

>>21528264
EEA, then shitcoin casino

>> No.21528347

>>21528264
He hasn't got an answer to that one

>> No.21528349

>>21528160
I didn't lose anything because I only started buying in spring 2018. And no, I don't think buying 20k usd into a diverse portfolio of scams and snake oil makes you smart either

>> No.21528352

>>21527348
better to regret not waiting than to regret not selling

>> No.21528405

>>21528264
I'm not really here to argue with Link marines on whether Link will be the 4th industrial revolution or if it will swallow up all derivative markets or whatever you guys want to prove.

I'm just telling OP what I would do in his shoes, what I think is the safe play.

If you guys have a point to make, just make it yourselves and let's let OP decide what he does with his money.

>> No.21528419

>>21528267
The best part is I still have a few thousand LINK which owe me nothing. So as I said, if it does hit $100 I'm hardly going to be "coping" as you guys say.
It's strange how much hatred anyone has hear towards guys locking in profit.

>> No.21528435

>>21528264
ICOs. You had to buy ETH to participate in ICOs

>> No.21528453

>>21528267
yeah cap the fact that someone put around couple of thousands of USD in some speculative crypto shitcoin, and made quarter mil already when 99% of this board is counting paper gains.

that's a winner right there.

>> No.21528492

It's amazing looking at the people who don't understand LINK in this thread literally saying "This rally will fail like all the others". This isn't 2017. This isn't "will crypto survive the regulatory landscape". This is the disintermediated automation of value transfer. It is impossible to even express how disruptive this is.

>> No.21528504

>>21527858

Gunshy from the end of the last cycle.

We’re just now entering the early stages of smart money. I’m happy you got what you wanted out of it, but LINK has an easy 3 digits in it before any kind of bear market happens, sorry if you think otherwise but you’re wrong.

>> No.21528529

>>21527687
Both sound like retarded ideas. Do you even know what chainlink is?

>> No.21528533

>>21528492
Fuckin this. Sick of hearing 2017. This is a different landscape.

>> No.21528561

>>21528453
Then go suck his dick you faggot.

>> No.21528565

>>21526832
Idk anything about it, but if it's already high people will be panic selling and crashing it.
So just sell if you don't want to get a chance of failure.

>> No.21528568
File: 42 KB, 731x486, hahahaha.png [View same] [iqdb] [saucenao] [google]
21528568

>>21528492
>>21528533

>> No.21528577

>>21526832
Take 50k profit. If shit hits the fan (desu don't think so) you have at least some profits. Just let the rest go to $50

>> No.21528586

>>21528492

This.

Measuring LINKs value as a “cryptocurrency” is the big failure 99% will make.

“Not using the token for its intended purpose” is like saying people who invested in AT&T were going to get burned because they weren’t using their shares to make phone calls.

Cope and delusion.

>> No.21528588

>>21528405
The safe play would be to cash it all out now.

>> No.21528617

>>21526832
Once it breaks 20 pull out enough to pay off car loan and tax plus a couple months of mortgage payments if it's not that much on the car loan

>> No.21528624

Right now take out 30k usd

As for going forward set some price targets and sell 10% of your stack each time it gets hit, put into btc and eth or back into link during pull backs

The all or nothing mentality is daft

>> No.21528632

>>21528565
>Idk anything about it
You're right on the mark there

>> No.21528646

It's just crazy how many opposing opinions there are here. I really dont know what feeling would be worse, holiding to 0 and ending up with nothing or living with the thought that you missed out on millions.

>> No.21528663

>>21526832
>focusing on paying off debt
Never gonna make it

>> No.21528666

>>21528586
>“Not using the token for its intended purpose” is like saying people who invested in AT&T were going to get burned because they weren’t using their shares to make phone calls.
KEK

>> No.21528696

>>21528624

Take out 30k USD

Immediately alert the IRS, pay 9,000 in taxes and have your accounts audited for 21 grand.

By the time you pay for the lawyers and accountants you might clear $5,000.

Genius plan.

>> No.21528704
File: 308 KB, 808x591, linkies.png [View same] [iqdb] [saucenao] [google]
21528704

>>21528646
unless your current lifestyle is suicidal tier, why cash out now? what is honest to god 50k going to do for you?

>> No.21528727
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21528727

>>21528504
Yes, 2017/2018 was hard.
But again, I clearly stated I think LINK COULD hit $100, which is why I didn't sell everything. What apart about this don't you understand? I literally cannot lose if it moons or crashes now. Also, your quip about smart money just entering now is a bit odd. I really don't consider pic related smart money. I think we were smart money.

>> No.21528750

Sell it now and pay off your house.

>> No.21528791

>>21528561
you are getting triggered easily.

now cap this.

BTC will go down to 3K once again, LINK will do 50-70% retrace over weeks/months.

DeFi bubble will pop just like DAO/ICO bubble, but this time, the bubble happened PRIOR to BTC hitting new ATH's, and PRIOR before crushing 12000 range which is the RESISTANCE for years. Which is just the biggest coordinated scam across all markets.

BAND chink scam with zero tech did 19 cents to 19 bucks just like that and some double digit shitheads from this board will tell gulible anons here we are only approaching aka starting bull run. CZ does what he wants, Sequia went in on BAND, made bank and they can fuck off back to hedging and shorting it with crypto market.

ETH will touch 200's once again before touching 600's.

Also BTC got rejected time after time after time from 12K. Go read some twitter faggots so you can suck their dick about "biggest bullrun and 100K BTC"

this is 2017 all over again, just smaller scale because ICO craze wont happen again. Its just a DeFi craze which will end sooner than later.

Kisses, and i bet even if my speculation is right, you wont repost it in months. you will just repost this that fits your bullshit narrative cocksucker

>> No.21528823

>>21528791
DR;NS

>> No.21528840
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21528840

>>21528791
>Kisses, and i bet even if my speculation is right, you wont repost it in months. you will just repost this that fits your bullshit narrative cocksucker

>> No.21528852

>>21528823
i can double down, 1,5$ per LINK is the real support when rug will be pulled

>> No.21528855
File: 92 KB, 1080x1383, IMG_20200817_223633.jpg [View same] [iqdb] [saucenao] [google]
21528855

>smart money is entering

>> No.21528856

>>21528492
Here it is for all the newfags in here, price might be speculation for now but for anyone willing to hold 1-3 years selling now would be like selling in spring 2018

>> No.21528859

>>21528435
So why didn't it crash after ICOs?
Also, I'm not buying that. Yes that was part of it, but by no means all. ETH had a lot of potential, and still does.

>> No.21528883

>>21527580
I thought so too but I traded a long time ago and even though sometimes I'll remember or think to myself "oh yeah if only I had my extra few k to be above 10" it's really not that big of a deal.

It's also some healthy perspective to see nulinkers with sub 1k and even sub 100 stacks bragging about their gains and getting fearful after starting to buy at like $10 lol

>> No.21528895

Everyone saying sell is worried about a crash to $8, like oh no it could go back to last week's price oh no. I'm up some 35x now, small price movement in the short term doesn't bother me. Eth did the same shit with a - 50%,crab, then exploded. 50k is nice I guess but I have a job, if I need money I'll pick up some overtime. Got all I could want thanks to the plandemic here. If I want slow and boring gains I check my etf portfolio. I'm in link because it's going to 1k. Sure you might have to live with only being up six figures after it dumps for a couple days, but it's nothing. No losses until you sell at a loss, and pretty much everyone with link is in the green now. Assuming you bought with play money just keep it that way. Selling before it dumps is just swinging but with no intention to get back in. That's possibly the only thing dumber that trying to swing link. And for what? Half a years pay? We went through too much to stop here. We could have played with stocks if that's all we were after. Personally I intend to be a part of the 4ir and watch as the paradigm shift hits once people acknowledge just how disruptive this is. A year from now the $10 to $20 will look like a flat line on the charts. In the grand scheme this pump is nothing.

>> No.21528905

>>21528855
lol

>> No.21528935

>>21528727

If you bought your first LINK below a dollar you are an early adopter.

I’m pleased for you that you got out what you wanted. $250,000 isn’t going to change my life so drastically I’m willing to risk losing out on complete financial freedom and generational wealth.

And while it’s neat to make fun of someone like that, they statistically are smart money if they are buying LINK at $20.

They will never hold any sizable amount until four digits most likely, but they’re clearly smart money.

Enjoy your gains, I’m not selling ETH at $8, personally.

>> No.21528942

>>21528696
My crypto lawyers do tax filings for about 1k, but yeah tax fucks ya

>> No.21528961
File: 169 KB, 1080x1895, IMG_20200817_223916.jpg [View same] [iqdb] [saucenao] [google]
21528961

>just the beginning

>> No.21528963

>>21528895
This

>> No.21529006

>>21528895
fuckin delusion and pure greed right there, tasty

>> No.21529018
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21529018

>>21528935
I bought my first link at 90 in june 2019, watched it go to 2, then sold around 1.50 and then bought back in at some point. Looked a few days ago to see I had ~$400 in link.

>Baby's first foray into crypto

>> No.21529343

>>21528646
Unless you’re already broke and miserable, the second feeling is definitely worse. Having to wage, your life doesn’t really change whether you make 40k a year or 300k a year, especially if you consoom to match your peers with “stuff”. But freedom from waging is priceless.

>> No.21529403

>>21529343

Time is the most valuable commodity of all.

What are you willing to risk to gain 40 hours a week?

>> No.21529409

If it walks like a duck, and quacks like a duck, then it's fucking FUD.
Come on, who sits and proactively tries to persuade people to sell , for hours on end? I'll tell you who. FUDDERS.
Hold the line, Marines. We're gonna make it, and soon.

>> No.21529429

>>21528791
Link is filling the CME bitcoin gap at $3k very soon.

>> No.21529503

>>21528791
holy based

>> No.21529528

Just bought a 10k stack.

Sure I'm not gonna be the oligarch like the sub $1 frens but who gives a shit. When this shit reaches $1k i got me a nice 10m still set for life.

>> No.21529622

>>21529403
Exactly. I think people with shaky hands have never had money before. I inherited 200k in 2010, there’s a million things I could have done with it. But I paid for school, covered debts, and helped my parents like a good goy, and have almost nothing to show for it. Until you no longer have to wage to support yourself, nothing else matters.

>> No.21529718

>>21529622

I spent a decade in school waging and getting nowhere. The good goy rules they tell you are to keep you in line.

They told boomers the same thing and they had 50x our opportunity, but they saved nothing and now they’ll all have to work until they die like good slaves.

>> No.21529746

>>21529006
Damn right, delusion and greed got me here and I'm not about to quit doing what's given me such a good run. I'm telling my grandkids the time I lost a million bucks holding a racist saturnian shitcoin or I'm explaining to them why we live on a luxury private space station while the subs(derogatory slang for subhumans) have to live planetside in underground pod bunkers.
Fuckers told me the same shit at $4. It's artificial, it's unsustainable, in inorganic. Selling then would mean missing out on another 5x, which is huge considering what my stack was worth then. All or nothing, I'll sell my steaking rewards for $1k each or market price, whichever is the higher of the two. If you don't like it then buy from someone else, or to borrow from a very wise gentleman from India, buy now or stay poor. I'll sell a few if you really want some of my linkies, I got a double digit sum from my AAVE loan's collateral's interest I used to buy a real sleeper project. I'm expecting at least a 2x from it. It's already bringing in 15% just from masternodes, an easy $280/wk, but I'm not selling the rewards until $1.

>> No.21529810

>>21526904
genius

>> No.21529854
File: 112 KB, 1280x1077, EC24F5C8-1735-4834-9926-39CA76D7AB79.jpg [View same] [iqdb] [saucenao] [google]
21529854

>>21529746

Based.

>> No.21529871

>>21529718
So wouldn't cashing out at $200k be a good choice then? Immediately destroys the next 30 years of financial slavery I am looking at. I could either drop my shifts from 76 hours per fortnight to 36 hours and be in the same financial position, but with no debt. Or I could retire years earlier because I would actually end up with savings...

Honestly, at what point are all of you who are holding over 10k actually going to consider cashing out for the first time? Not to concerned with the opinions of those that are holding lower, no offence, but you obviously have to be a lot more 'all or nothing' to achieve the same results.

>> No.21529913
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21529913

>>21528791

>Fucking Niggerdomus thinks BTC is going to be the most valuable “crypto” in the space in 5 years

KEK

>> No.21529935
File: 333 KB, 717x938, 1597206385620.png [View same] [iqdb] [saucenao] [google]
21529935

>>21526934
> It's now my retirement, and my dreams
fren, i-..

>> No.21529943

>>21529871
It’s all one giant game of financial chicken, eventually someone gets left holding the bag

>> No.21530007

>>21529528
10k at 1k, 5% steaking rewards. Sure you're no Duke, but 10k would be at least a Viscount or Earl. You'll want for nothing. Let the gains ride, diversify, etc. Half a milly per year is nothing to sneeze at, fren. It's not you being set for life, it's you and your great great grandchildren set for life. 1k is just another stop along the way up.

>> No.21530044

>>21529871
I’m at 6300 so near 10k and I’m not cashing out a dime, this was always an all or nothing play for me and I risked very little. I didn’t enter crypto to day trade against bots, discord trannies and poos.

>> No.21530065

>>21527449
Whole lot of cope in those words.

>> No.21530089

>>21529746
yeah you will make hundreds of millions just hold
>>21529913
it will stay #1 as long as crypto exists. now send a email to Sergey that hes retarded because he started derisking at 2$ per LINK, or that he's selling half a mil aka millions of dollars worth at these levels.

i guess he doesnt know about 1000$ EOY meme speculation based on pure paper trillions of USD from derivatives coming because LINK is feeding ETH price in USD to blockchain contracts.

i guess hes wrong aswell, and he literally invented this ICO and sold his golden goose tokens for 16 cents each. its not like he could sell OTC without ICO to develop, then sell for billions directly and not give a fuck about markets.

>> No.21530094

>>21529943
This is only true if you’re holding a purely speculative asset (ie shitcoins). Beyond that all you’re risking is selling the top, but if you got in early enough that isn’t an issue.

>> No.21530110

>>21529871
like i said i have 56k link. i'm not selling until 370 usd. my rankings on ethexplorer has increased by 20 from this weekend alone. i guess we gonna have to wait a bit to break 20 lads

>> No.21530127

>>21529871

Why would you be worried about paying your debt on the eve of hyperinflation and possible financial reset/jubilee?

You should be paying the minimum on your debt as possible until we see what happens and investing your money in hard assets.

Don’t get me wrong, I cashed out my initial around $5.

Now it is a game to try and maximize my profits without using any more real world money, which is very doable in the current climate.

I plan to cash out 10-20% between $50-$100, which would set me up for at least 5 years of neeting, and then I’ll let the rest ride and draw staking gains.

>> No.21530146

>>21528791
post shorts

>> No.21530184
File: 504 KB, 1046x1306, 18D2E805-CD0F-4E05-A9B1-732C6109B1C2.jpg [View same] [iqdb] [saucenao] [google]
21530184

>>21530089

You are a midwit retard. The sooner you realize this the better off you will be.

I put “crypto” in quotes for a reason.

>> No.21530212

>>21529871

My DCA was around $0.33. I've held through all the ups and downs over the years. You NUlinkers haven't experienced the pain and suffering that us OG's have. Not even close. The constant issues being brought up about banning crypto/securities, etc. The absolute dumping and stagnation of this token over the course of its first year or two. At this point in my life, I don't need the extra money as I'm living comfortably. I told myself I wasn't going to sell anything until staking happens. At that point, I'll revisit what I want to actually do.

>> No.21530305
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21530305

>>21526904

>> No.21530307
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21530307

>>21528492
This, all these newfags are making me sick. I’m probably going to stop going on this place for a bit.

>> No.21530436
File: 578 KB, 888x894, 1586121903400.png [View same] [iqdb] [saucenao] [google]
21530436

pull out op
Once you have a significant amount of money it becomes easy af to make more money
I dont think link will ever go below $20 in the coming weeks, but you never know. better to pay all your debts and have 4k a month to spend on crypto

>> No.21530460

>>21530212
I bought at around $0.50 in October 2018 then doubled down when it dropped in down to (something like) $0.25 in December. I haven't sold 1 link yet, but it felt a lot easier to hold when the price was low and wouldn't have made much off a difference to me regardless. Now that it's over $180K of profit, not so much the case.

>> No.21530611

>>21530184
nice MS paint schizo
>>21530146
zero shorts, not doing degenerate leverage trading on unregulated market so chinks and niggers ceos will get my money

>> No.21530653

>>21530460
I’m only at like half most stacks here (assuming 10k the standard) and it’s an easy hold for me. Again though I’ve had this amount of money before, and played “safe” with it, and accomplished nothing. 7 figures is the minimum you need to safely invest and live off of and even that is cutting it close, unless you are comfortable as a shut-in NEET with no family.

>> No.21530731

>>21530307
Good riddance. Cliquey fucks like you who think they know more about a subject because they sat in their bedrooms shitposting for 3 years can fuck right off. I suggest you leave for good. We won't miss you.

>> No.21530892

buy xrp , dell Chain, get bat, squeez in eine ETH Classic, Stop all Bitcoin

>> No.21530900

I'm sitting on a $600k stack. I have $50k in credit card debt and a $300 mortgage. I'm holding.

>> No.21530912

>>21527449
If it crashes back to atl I'm out <15k and had a crazy fun time. I have ~45k in defi loans, collateral that gets liquidated. So I'm 50k usd up from what I put in. I won't lose too much sleep. I'm only 90% link, one of my shitcoins or stonks could also make it. Link is unique in that it's practically impossible to lose money from it if you're an og stinker. Once you have money you can use money to buy more money. I still rember how blown away by the ease of getting defi loans my first time. I ask for money and they just give it to me, straightforward interest rates and all. No sitting across the desk from a condescending kike, no justifying my income or why I spent $2,000 in a week on dildoes and flaming hot cheetos, no questions at all really. Here's my collateral, there's my loan. Wham bam thank you ma'am, beautiful in its elegant simplicity. This shit is the future and we're still in the nascent stages. To see such quality of life improvements and use cases applied and in place now when 99% of people haven't even heard of ethereum before is surreal. Chainlink is a solution looking for a problem. The exact same thing was said about the laser and now it's ubiquitous. This is investing in intergalactic travel when the steam engine is still being doubted as having any irl usecase, or cotton seeds before niggers were invented. We're so early it's hard to put into words. Frustrating maybe because it's only $20 now but the future gains will be beyond comprehension. It's not like buying eth or btc at $20, it's like buying chainlink at $20. 1k is fud and I'm pinning all my hopes on it. I'd still be waging and miserable without it so the cash out now fud simply won't work. I need to at least get the same income without having to work or I'm not interested, and with the potential I'm sure as fuck not selling my base stack even if 4m in ETFs at sage 4% meme withdraw rate gives me that.

>> No.21531001
File: 24 KB, 112x112, 50E43881-603C-4254-97DB-749EC6D7070B.gif [View same] [iqdb] [saucenao] [google]
21531001

>>21530731
seethe more faggot

>> No.21531105
File: 265 KB, 1778x750, lmao.jpg [View same] [iqdb] [saucenao] [google]
21531105

>>21528492
>>21528533
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAH

>> No.21531187

>>21530912
How much stock do you have? Im debating about buying some. It looks like it has potential to go to a $1 eventually

>> No.21531214

>>21528646
second feeling is worse by far

>> No.21531223

>>21531187
stonk*
fucking autocorrect

>> No.21531229

>>21530900
dude withdraw the $350k ffs

the remaining $250k is still more than enough to make you a multi millionaire

>> No.21531275

>>21529018
I first bought Link in 2018 and continued buying. Now I'm set to be a multimillionaire by the end of the month.

> Babby's first foray into investing

>> No.21531280

>>21526832
Its simple anon; hodl.
Never selling is not a meme

>> No.21531305

>>21526832
Ive been sitting idly by too long. Ive been in crypto since 2010 and have made close to 57 million from it. You have made a really good return, link has no buy pressure to keep it going up, it will consolidate this next week or so. Sell now and enjoy your gains, trust me.

>> No.21531359

>>21531229
If won’t change his quality of life at all. I have been in that position, being 100% debt free vs having a mortgage, none of it matters until you make it. And you do not make it by playing safe. The only people who do are jews already playing with millions.

>> No.21531412

>>21531305
Are you holding anything else other than link currently

>> No.21531439

>>21531305
What will happen after it consolidates though? Will smartcon bring back/bring in new buy pressure?

>> No.21531473

>>21531359
it'll save him a fuck ton of money long term, freeing up money to invest in other shit and making it easier to "make it"

>> No.21531494

>>21526832
10k is just a suicide stack, relax. most og anons here have at least that much. its not that much money, and link will only go up. relax friend. hang out and make fun of swingies and nufags with us.

>> No.21531539

>>21531305
57 million in the pocket and on 4chan instead of cycling through hookers while doing blow. Yeha im calling bullshit on that fucko

>> No.21531567

>>21531473
Do you realize how easy it is to produce money to throw at investments towards making it? Do you realize how hard it is to pick the winning horse? Unless you’re a neet already with zero ambition you can still be hedging your bets now while holding.

>> No.21531622

>>21526832

Take 50% profit.

NOW.

>> No.21531635

>>21531539
the “you can never leave meme” is not a meme

>> No.21531639
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21531639

>>21531105
>5min chart

>> No.21531644

>>21531567
he's already picked a winning horse, but he has no guarantee it's not going to stumble at the last hurdle

he can cash out some now, get rid of his debts, and if link continues to moon then his remainder will STILL be enough to become a millionaire

>> No.21531654

>>21527046
Why would it though? There's a whole network effect with all the applications running on Ethereum now. It's a whole ecosystem that raises the value of the whole & make sit more self sustainable. And Chainlink is right in the middle of that. 2017 was a bunch of vaporware ICOs, most things now are already released. The biggest issue is Ethereum itself at this point. We're not even close to 2017 yet, that's probably another year or 2 away. We're still in 2016 or so by analogy.

>> No.21531672

There are people here who are telling you to sell, and despite the fact that I personally have never sold, they are none the less giving you solid financial advice.

But anyone who has been with LINK since it’s inception should realize that all traditional rules of finance go out the window as soon as you buy LINK.

For example, I have been buying up LINK since January of 2018. Doing nothing but off loading half my paycheck into a single asset. When it dropped from 80 cents and bled out to 15 cents, I kept buying more. This decision alone would be considered a “dumb” financial move.

When the google/coinbase/oracle announcement happened, and we saw the rise all the way to $4.50, the smart financial move then would have been to AT LEAST sell and re coup my original investment, but I did not. Instead, it dipped and I continued buying more and never sold despite witnessing a 1800%+ gain. This would have been considered a very dumb financial move.

During corona panic and the subsequent dip in the market, there was a total panic, and the smart play would have been to secure your cash and not risk it sitting on a volatile, speculative market. But I didn’t. I held throughout the entire corona dip and never sold. This was considered a very dumb financial move.

I have an uncle who is a venture capitalist, very intelligent man and very wealthy. When we broke a new ATH at $8, he couldn’t stop emailing me about the risk I was taking, and to start de-risking, starting at 15% every week until I offloaded 90% of my entire stack, and keep only 10% for the long haul. This would have been a smart financial move. But I didn’t do it. I never sold any and continued to hold. This would have been considered a very dumb financial move.

Now here I am, at 24 years of age sitting on half a million dollars. And I’m still not selling. This is not a smart play in my eyes. I am fully admitting that I’m acting reckless here. But with LINK, all rules go out the window.

>> No.21531694

>>21531539
While he's obviously a larper, I'm still gonna come here & be a whale after I make it. Tons of anons do.

>> No.21531702

>>21527348

Cash out 25%, pay off your car loan, and put any extra towards your house. Remember, the market can take a dive.

>> No.21531748

>>21531672
is that your suicide note or what

>> No.21531759

>>21531187
150k and change, not stonk though. l am reluctant to name the project because I'm still accumulating and still not completely sure of it like I am with link
It's stakenet. Insert disclaimer here, looks and smells of curry and poo, but like link it's a wildly asymmetric bet. Go with your judgment because I also bought req and ftm, but I like it well enough. Shit bled for months until the pajeets went into overdrive with their shilling here. The community is dogshit so don't expect much fun in the threads

>> No.21531790

>>21531622
>>21531644
This.
Pay off everything and get yourself into a stable position IRL.
Then you can be a wage for a while to top up your your investments.
Nobody knows when the next peak or trough will be, don't get caught because you didn't get something out before the crash.

>> No.21531811

>>21528352
this. We have an uneven bias towards preventing a loss than pursuing a gain. We operate according to that. Be aware of the different fallacies and adjust your strategy for them. Sunken costs, gamblers fallacy, there's a few more but they all contribute to whether or not you have hands of iron or hands of vagina skin.

>> No.21531833
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21531833

>>21527435
>slow and shitty boomercoin that is a suboptimal store of value and a terrible currency
>250k

How hard is it to see that bitcoin was the first clunky shit product in an emerging industry. It will go down in history with the likes of motorola and altevista

>> No.21531890

>>21531412
While I was never a fan of giving away coins that Ive poured months of research into, I will tell you only one, because I am transitioning into being retired full time. One of my biggest holdings is in BAT. I have personally met the team and had several meetings with them, something I always try to make a point of doing before I take a significant position.

>>21531439
No, it wont. Even if Sergey drops a huge burger at the event, such as PARTNERED WITH SWIFT or similar, it wont bring in more buyers. The big money has already known and has bought hence the increase in price before the event. Retail investors have already thrown all the money they can at it. Ive done much more research as well, but do not feel like getting into it.

>> No.21531980

>>21528492
these retards saw it hit rank 5 before their eyes in a bear market and still think this is a regular shitcoin

>> No.21531997

>>21531672
>bought in at 15c
>rose to $15
>100x increase
>only 500k
???
did you really only invest 500 dollars in years of investing ???

>> No.21532038
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21532038

you know what to do with your linkies

>> No.21532048

>>21528666
there are reddit tier morons here who still of think of things in terms of 'customers' that will will 'buy' link to 'use it'

>> No.21532158

>>21526832
If you just fucking pay yourself and hold the majority I won't have to wonder how the fuck you even got a house in the first place.

>> No.21532180

>>21531997
Your math is off by 10 that’s a 5k dollar investment.

>> No.21532407

>>21528704

>what is 50k going to do for you?

Nothing. It’ll do nothing for them, but it wasn’t meant to. They’re serfs that we’re meant to remain serfs.

Maybe one of their descendants will desire for more but the odds aren’t good.

>> No.21532442

Do what makes you feel best OP. I've been on both sides. Losing sucks, but the pain doesn't compare to the pure joy of winning.

Let the NoLinkers say what they will, but $100 is just a stepping stone for where we're going. We're hitting $400 this cycle, and who knows if Link will even fall like the myriad of shitcoins it's surrounded by will. Good luck to you OP.

>> No.21532516

>>21527464

What people don't seem to understand is that people like Vitalik, Sergey, Musk, Buffet, Gates etc. FUNDAMENTALLY DO NOT CARE about money. They have a vision that is way bigger than the points in this silly game, and that is what allows them to achieve the levels of success that they do.

>> No.21532626

>>21528704
>>21529343
Fucking this.

Working gets me suicidal thoughts on the regular. I only have a 6k stack but I damn sure will ride this shit to $0 before risking my ticket out of wage slavery. I have saved up $30,000 on my regular bank acount that I don't use either, so why should I cash out 100k lol

GET RICH OR DIE TRYIN'
HIGH RISK HIGH REWARD
NOT SELLING!

ps: 99% of the people in this thread are obviously nolinkers or >50 stack faggots

>> No.21532650
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21532650

>>21526832
>pay off mortgage
dumbass.
>pay off car loan
much less dumb, depends on the interest rate. Having a car loan is dumb in itself,
>$3860 of COMPLETELY EXPENDABLE INCOME
Completely financially illiterate.

This is what I hate about coinfags. They are completely speculating without having any idea what they are doing financially... sure 10% will win big, but 90% will lose everything. But according to OP, even if he wins big, he's going to completely piss away any gains from his massive risk via low-return debt repayment and huge tax hits.

OP is a complete dumbass, even if link goes to $40,

>> No.21532711

>>21531833
Don't try to convince maxis. They won't have it. Btc is just a value store now, it's entire purpose is to be wrapped & used as collateral in Compound or Aave.

>> No.21532737
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21532737

Think of it this way.

If you were in the woods with one arrow, there was a rabbit you could for sure take easily, and a Golden Hind you knew was a complete shot on faith chance and God’s whim to make, which would you take?

There’s no wrong answer, it just determines what kind of person you are.

I know which I’m taking.

>> No.21532835

Fucking idiots exit Link already it was a gamble that worked out now go for the safe 10x on BTC how are you this oblivious

>> No.21532853

>>21532737
Stupid analogy. It's more like "you can take a guaranteed rabbit now, but there's like a 80% chance you'll have a lifetime supply of rabbits if you can be patient for a year or 2 more"

>> No.21532881

>>21532711
Short it then

>> No.21532928

>>21532835
I'm up over x100 is why. And who says I don't have some Bitcoin as well already? I'm close to making it personally, I'm not gonna take risks swinging

>> No.21532936

>>21532853

Yeah there’s infinite chances to buy LINK at sub $1 lmao

>> No.21532995
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21532995

>>21532835

So desperate lmfao

>> No.21533000

>>21532881
Why would I short it? I don't think it's going down right now brainlet. But it isn't the be all, end all that retarded maxis think it is. I'll take another 10x on my Btc hold if you want to give it to me, but I'm not going to say "yeah man, it's the future, altcoins btfo" when that just isn't true.

>> No.21533051

>>21532936
You had 3 years. Go cry to someone who cares that you didn't take advantage. And it's got a long way to run yet. Patience nolinker, you'll see.

>> No.21533104

>>21533000

Buttcoin has a 2x in it at best. It’s never touching 6 digits.

>> No.21533142

>>21533051

I have a five digit stack I bought for .65 cent average

>> No.21533182

>>21533104
Possibly. I don't really care desu, I bought it way below this price. It's only one part of my portfolio, mainly just acts as collateral in a bunch of much better performing coins & earns a bit of interest being in the lending pool.

>> No.21533200

>>21526832
See?
You should have sold

>> No.21533235

>>21533142
Then why haven't you sold it yet? You should take your own advice if that's what you really think. Sell now, take the guaranteed gains. Golden Hind blah blah blah.

>> No.21533242

>>21533182

That’s smart at least, going full maxi is retarded.

>> No.21533300
File: 189 KB, 1280x1280, annoyingorangeflow.jpg [View same] [iqdb] [saucenao] [google]
21533300

Move your link here.
No regrets>>21533235
>>21533142

>> No.21533302

>>21533235

Golden hind represents a once in a lifetime opportunity vs mundane safe gain.

Taking short term gains would be the rabbit, are you even capable of critical thinking?

>> No.21533314

>>21526832
Cash out enough to pay of your car now and hold the rest. 25 EOM

>> No.21533333

>>21531001
>all these newfags are making me sick. I’m probably going to stop going on this place for a bit.
Erm, it seems you're the one seething, basedboy. Why you still here, anyway? Thought you were leaving? Go on, fuck off..

>> No.21533414

>>21526832
remember all those who thought like that end of 2017. you already have life changing money now. cash out 50%

>> No.21533480

You're a fucking idiot if you don't pare your position.

>> No.21533573

>>21533333
those digits

>> No.21533595

>>21527234
uhhh just put it into BTC for an easy 10x in the next year, dumdum.

>> No.21533655

>>21530436
>Once you have a significant amount of money it becomes easy af to make more money
how

ive got 100k and i keep missing the btc boat

>> No.21533708

>>21533414
>>21533480
You two are making quite a strong point. Thinking I should take out $100k. I would still have half a stack left, which would be more then most newlinkers at least.

>> No.21533840
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21533840

>>21526832

>I want to believe that my pets.com stock will go higher. I want to believe that our dotcom stocks will shoot through the roof. But the sheer stress of seeing this much money and knowing that it could all disappear at any moment is killing me.

t. 1999 anon

news flash: all these cryptocurrencies are as basically flooz (look it up in you're a zoomer) and will go the same direction. you could all learn a lesson studying dot com stock histeria in 1999-2000, the parallels are astounding

>> No.21533974

>>21533708
Im in almost the same position as you. Im holding to see how next year plays out. We may dip down from here bleed and crab for a few months but I dont doubt we'll see a much better return with sone patience. If you dont need the money to survive leave it were it is. Thats what I think

>> No.21534024

>>21533840

Except he owns Amazon or Google stock.

>> No.21534088

>>21533974
we will fall back to 6$. hope you're ready for the emotional rollercoaster. last chance to sell your bags to dave portnoy followers.

>> No.21534131

>>21527017
I think that's his point newfag

>> No.21534139

>>21534024
Maybe, but that's what everyone thought in 1999 (THIS is going to be the next big thing!!) Odds are higher he owns Webvan or Broadcasting.com, Askjeeves, Lycos, or Riffage stock. There are 50 big flameouts for every google or amazon.

Crypto is basically going to the casino. If it's fun and you don't mind losing some money do it, but long enough term the house always wins. These people arent making 8,000 different cryptocurrencies because it's the hobby; they do it because they want to separate you from your money

t. old tard who lost a shitton of money in 2000 crash

>> No.21534197

All these nulinker faggots talking about cashing out LMAO. I hope you do and i'll pay for your rope.

>> No.21534207

>>21532516
>What people don't seem to understand is that people like Vitalik, Sergey, Musk, Buffet, Gates etc

One of these is absolutely nothing like the others. What has Buffet done to contribute to society?

>> No.21534225

>>21528696
Jesus wtf

Wtf is even the point of doing this if I'm gonna get raped so hard

>> No.21534238

>>21526832
Anon, You should sell, at least the majority. No telling when the smartcontracts.com will get busted for breaking AML/CFC/Series funding regs. Most linkies are too arrogant to realise what these even are.

The main part of trading is to limit your losses, most don't recognise this.

>> No.21534275

>>21527327
kek

>> No.21534276

>>21534197
Nah it’s more coordinated fud let them all cash out.

>> No.21534353

>>21534139
2017 was the dot.com bubble. You're comparing apples to railroad ties.

>> No.21534357

>>21533708
Imagine selling right before smartcon as link is painting a fat bull flag.

>> No.21534366

>>21531305
>im very rich, just trust me dude
nigger

>> No.21534399

>>21527097
Never sell.

>> No.21534423
File: 184 KB, 1197x1600, Comic_Kairakuten_2008-04-001.jpg [View same] [iqdb] [saucenao] [google]
21534423

>>21534139
>Maybe, but that's what everyone thought in 1999 (THIS is going to be the next big thing!!) Odds are higher he owns Webvan or Broadcasting.com, Askjeeves, Lycos, or Riffage stock. There are 50 big flameouts for every google or amazon.

> I don't know anything about Chainlink but my 1000 years of experience somehow qualifies me to spew ignorance as though it's a fact: THE POST

STFU and do your research, grandpa. /biz/ knows damn well what Chainlink is all about. These memes and consistent discussion for THREE (3) YEARS didn't come out of sheer luck.

But here's a pair of anime tiddies for your troubles.

>> No.21534494

>>21534423
>nobody who has more life experience than I do can possibly know anything I don't

kek, ok. i guess this is why history is cyclical and doomed to repeat itself over and over and over.

>> No.21534528

>>21534139
>8,000 different cryptocurrencies
ICO are not cryptocurrencies, thats blockchain. Most of these scam tokens use the 'crypto'/'cryptocurrency' phase to legitimise their blockchain scam. Its a real shame the newfags don't understand what cryptocurrency is.

>> No.21534541

>>21526832
You take some profit dumbo.
Sell 20% for cash.
Keep 50% in link
20% in Ether
10% in a shitcoin you research.
My pick would be Lition.

>> No.21534622

>>21526934
>it'll come back when the network usage increases
>network usage increases
>usage increases

>> No.21534632
File: 70 KB, 670x900, DEEC18B8-BE6F-42AA-A761-777FE0351F58.jpg [View same] [iqdb] [saucenao] [google]
21534632

>>21534225

That’s why 1 million cash after taxes is the goal (honestly more like 2-5 million)+.

You didn’t think the ZOG was just going to let you make money did you??

The gains are step one of the battle. Read Battlefield Earth, the movie is shit, but the books incredible.

In the book they get rid of the invading aliens and there’s a whole second arc where literal space shark Jews show up to try and collect on the deed to Earth and all the damage they did by destroying the Psychlo empire.

It’ll put the scope of the battle you face SOMEWHAT in perspective. Winning the war is step one, then securing your winnings is step 2, then having descendants capable of carrying on your wealth and legacy is step 3.

If you’re not prepared for that reality cash out and go back to waging.

>> No.21534637

>>21526832
wow being nervous with just 200k$ i'm at 2 million $ and still think link is too cheap

>> No.21534703

>>21531790
>Pay off everything and get yourself into a stable position IRL.
>while being in the most unstable situation worldwide
congrats, you're a brainlet
i wonder how many anons cash it all out into useless fiat paper and get fucked, just imagine the salt

>> No.21534725

>>21526832
Etherscan or larping much

>> No.21534776

>>21534703

Cashing out into anything other than guns beans silver is apetier for sure.

I myself took 10% out for that for corona around Feb. I can’t fault anyone for that.

I bought it all back though + extra.

>> No.21534786

>>21526939
>>21526934
>>21526832

I have 300k usd in LINK and the past month has been one of the most stressful ever. I was new in 2017 when this sort of rally was happening left and right. Rallies would defy all logic and it would contaminate your rational thinking, making you CERTAIN that the price would just keep going up forever. Cryptos would ride the ceiling of their daily RSI for a month without going down once. I was high on euphoria and it really fucked with my thinking, partially because I was so inexperienced and didn't realize how bearish that movement would be in the long term. I now have enough experience and self awareness to recognize when I'm feeling that sort of drunken euphoria and delusion during a particularly overextended rally, and it's the best instinct to sell that I have. The feeling I had in the past was that I started broke so if I lost everything I was just back to broke. Now I have way too much money to lose and it's causing me a lot of anxiety

>> No.21534879

>>21528696
lmao quit with the audit scare tactics. Why the fuck would he get audited if he oays the taxes he owes and shows where the money came from with a full trade history.

IRS is busy chasing down faggots making $9k structured monthly withdrawals and didn't report any crypto activity on their returns. They couldn't give a fuck about people who report their activity and pay what they owe.

>> No.21534908

>>21526832
just sell it into Bitcoin? Gold is going to be pumping for at least another year and Bitcoin will obviously follow.

>> No.21534925

>>21528088
>this

Staking hasn't even started and we're still in the infancy of smart contracts. The more mainstream they become, the more valuable LINK will be. You'd have to be seriously short-sighted if you are considering selling now. I've got a 30K stack and haven't once considered swinging or selling since going all-in in early 2018. This is my golden ticket to an early retirement and I'm sure as shit not going to squander the opportunity for some quick cash.

>> No.21534987

>>21534494
no one is disputing that 99% of crypto is ico garbage vaporware scam. literally click any one on cmc and you'll see tons that haven't appreciated since 2017.

link is the only one that has these gains. its not thousands of cryptos doing what link did for this long period of time.

>>21534786
you feel this way because you could have 7 figures by now. but you didn't. please just sell everything now at a chokepoint so you can give us more volume

>> No.21535063

>>21534786
if you don't sell at least 50% now into bitcoin you're a moron, plain and simple

>> No.21535089

>>21534879
>owe
Fuck that, the government got their cut when they taxed my income. Using my already taxed income to make more money is all profit. IRS can eat a dick.

>> No.21535199

>>21533840
Nah that was 2017/18 now is different

>> No.21535214

Just hold. If your too big a pussy to do that, i guess you can diversify into btc to Pasify your vagina.

>> No.21535240

>>21534879

You should be prepared for that reality that’s all I’m saying.

I’m going to prepare and pay my taxes but when you go from making 30k one year to 300K the next plus you check the crypto box, you’re definitely more likely to be audited.

Not to mention the next year when you declare 3 million, especially when you declare it’s from 4chan Frog buxx.

>> No.21535286

Why not just pull out and invest that money in safer things. You keep your money and you still make more. Best of both worlds.

>> No.21535306

people already dumping their link for btc moon mission. goodbye link holders

>> No.21535345

>>21535306

Kek

>> No.21535359

>>21535089
Enjoy getting fucked in the ass by the IRS.

>> No.21535402
File: 60 KB, 480x360, 57A219BE-BD02-446E-B296-394584325926.jpg [View same] [iqdb] [saucenao] [google]
21535402

>>21535306

>He doesn’t know this bitcoin pump is just the Bogs buying LINK at a discount

>> No.21535409

>>21527193
Stop trying to get us to buy Augur

>> No.21535452

>>21527017

>BTC at 50% of ATH
>ETH at 30% of ATH
>XRP at 10% of ATH

I keep saying the same thing to the XRP bagholders who are desperately waiting for XRP to catch up to recent BTC/ETH gains. Current XRP holders are normies who bought the top in 2017 when it was shilled on twitter, held their bags all the way to the bottom and continue to, and since 2017 they've stayed in that sad twitter sphere of the XRP army soccer moms / roided meatheads, convincing each other every day during a bear market that XRP would break out to ten dollars at any minute. Meanwhile they've missed all discussion surrounding LINK, which will overtake XRP, and haven't noticed that since 2017 the XRP supply has ballooned by countless billions. It's a miracle that XRP has still retained a $13B mcap, and truthfully if it had the same supply as it did in 2017 its price per token would probably have rallied much like ETH and BTC by now. In a sense, XRP HAS grown massively in value but the supply has been so diluted by founder dumps of unlocked escrow funds that no one has really noticed. If inflation is a tax on the elderly, Ripple's monthly dumping schedule is a tax on the stupidest of the crypto retail investors.

>>21534131
Just because it hasn't rallied yet doesn't mean it will. Whenever the bull comes, highly regarded coins disappear and fall into obscurity. Look at the top 10 coins from early 2016.

>> No.21535507

>>21531890
Sounds believable. When people dump BAT back to .11?

>> No.21535535

>>21528791
I'm not saying you're wrong but I think this bubble has a way to go yet before it pops.

>> No.21535647

>>21526904
This just mean

>> No.21535691

>>21526904
Ohnonononononono

>> No.21535784

>>21527193
You mean the Zeus capital report that is fraudulent (and which someone here claimed to write)? Oh yeah, that one.

>> No.21535802

>>21526832
They are printing USD like mad, your debt is likely to start decreasing in value due to inflation faster than your interest rate very soon. If we hit a hyperinflation scenario, you might be able to pay off your mortgage by pawning your TV. Your wealth measured in USD should not concern you right now. Its a literal shitcoin. All that will matter is how much LINK, BTC, or ETH you have.

>> No.21535853

>>21526832
Cash out enough to carry you through the next 2 years, by which time link will be $1000 and you can retire.

>> No.21535919
File: 20 KB, 890x512, 1596318642315.png [View same] [iqdb] [saucenao] [google]
21535919

>>21528492
Based. Didn't read, never selling. This is a spiritual and ethnic war.

>> No.21536193

>>21526832
If you've got that much skin in the game, learn technical analysis, lots of ways for free, lots of of ways to pay for a 1 on 1 mentor. From reading how you talk, big red flag, change your mindset ASAP

>If it gets to $25 I'll have enough to pay off mortgage
If it drops to 15 you won't. To 10 you won't. If you walk away now and never trade again, you can retire in a couple of years.
If you sell 75% now, you'll definitely have that money and if it goes up, you still make a fucking lot of money, if it goes down, you lose less and can buy in again with all that buying power from right now. Minimise your risk, your reward might be less but it'll be consistent not you're strict. This sort of run is increadibly rare and they always end the same way, with a long free fall because noobs with no trading knowledge or experience all say the same things youre saying and they become panic sellers. They'll sell through every resistance within a 50% retracement. Look at Bitcoin 2017 January 20k run and fall both price and public opinion

Stop thinking about those link as money, they're worth nothing more to you than grains of sand in your bed until you sell them. If this is your first winner, try to comprehend the sheer luck behind both this run going this far, and you being in it the whole time.
~No pumps double in 4 days and the ones that do, don't stay there. Take your money brother. This will drop and the longer it doesn't, the sooner it'll be. Learn some indicators, wait until the bottom solidifies and get back in there. Or short it like I have, bet on the rise, bet on the run.

Long post now but golden fucking rule, don't go all in unless you definitely fucking know. Exchange listing, hard fork, whale calls, those are how you know.
People thinking "yeah but if I bet $1000 instead of $100, I could win $2000" while betting on roulette is exactly why casinos are profitable. People win hands, the house win the majority. Acknowledge your luck

>> No.21536405 [DELETED] 
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21536405

>>21535452

I agree with everything you said on XRP. Are you saying you think LTC will actually rally? If so can I ask why?

>> No.21536421

>>21526832
This makes me feel like shit and I only have 1k link.

>> No.21536496

>>21527087
> boomer index
Explain this anon.

>> No.21536717

>>21526832
There are people scared of 200k while you hold 2 mil and wait for 1 bil

>> No.21536723

>>21534987
Link doesn't even have a working product lmao
It is all speculation. Just admit we got lucky faggot

>> No.21536751

Anon nobody can tell you what to do, only you can make that decision.

You should realize theres been a great variety of advice on here, some solid, some not.

How risk- averse are you?
Certainly no multi-millionaire ever got rich by being emotional on every pump and sold to pay off something else. The more something pumped, the higher the risk is to keep that asset (see on a scale from 1 to 5)

If you feel like playing it safe, it's always the safest thing to do.

Selling on this scale is 1 - super safe as you avoid any type of fluctuation.
Being a general bear is 1-2 - you cant loose value in your assets if you dont think the price will increase and only decrease.

So when you see someone being a bear in here, it means they are on the lower scale of the risk aversion.

Likewise- someone being a perma bull is about 4 on the scale.

By the sound of it, you have never had a lot of money before or you wouldn't have this crisis to begin with. 200k is not a lot and would rarely satisfy people with tons of money (specially those who made this kind of money outside of crypto).

20k+ - Pay off the rent for a year
100k+ - Pay off any debt you may have
1M+ - live economically free for the rest of your life (Through re-investing in passive income). If you dont reinvest 1 mil, its gonna disappear quicker than you would think.
10M+ - live frugally for the rest of their life and never have to worry about money ever again. (Through re-investing in passive income)

>> No.21536964

>>21536717
And im here struggling to make 5 digits. Life is unfair.

>> No.21537136

>>21535089
I mean, your attitude is spot on and I agree 100%. But also, you will get fucked in the ass, fined into poverty and maybe sent to jail. Better to enjoy 80% of your crypto gains and be able to breathe easy than evade taxes and constantly live with paranoia that the feds are on your tail. And/or actually get audited, fined, or thrown in the slammer. Sucks but those are your choices.

>> No.21537224

>>21526832
You know we’re all dumping at $20 right
And even if it did shoot to $25 in spite of our dump somehow, you will be way better off having sold at $20 than having sold any lower, if your story is true

>> No.21537225

>>21536723
cope

>> No.21537252

>>21535240
Again, if they can clearly see where the money came from with a full trade history and you pay the taxes owed, your chance of audit is 0%. Doubly so if you did most of your trading on cuckbase which will generate a 1099 and send it straight to the taxman for you, so there's not even a whisper of a suspicion that you could have faked your trades.

>> No.21537911

>>21527858
Hurrrrrrrr I so smart, I hold fiat currency!

>> No.21537943

>>21526939
kek.

>> No.21538021

>>21537224
>You know we’re all dumping at $20 right
Why not dump it right now then? you're going to wait for it to pump .. what? $2 dollars to dump it.. retard. You don't even have enough to move the price much anyways..

>> No.21538099

just sell faggot

you clearly can't handle the long hodl and your ngmi

>> No.21538174

>>21526832
Is that before or after taxes?

>> No.21538177

>>21528088
Based as hell

>> No.21538190

>>21536496
He means moving your crypto gains into index funds.
Instead of guess-picking a random stock, you put your money into a ETF, and they diversify it over hundreds of companies, reducing volatility.
The returns are not as high as a good stock bet, but they're more consistent, and about 7-12%.

The problem with this kind of investment is that compound interest takes a lot of time to show meaningful gains. But if you already have a lot of money from crypto, it will be pretty fast.

>> No.21538253
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21538253

>>21534786
You are weak

>> No.21538342

>>21538190
Got any you’d recommend?

>> No.21538363

>>21526832
Dude invest in Tether that shit is gonna moon anyday

>> No.21538376

There’s nothing to do anyway anymore so if you lose 200k it anywhere near true end of the world like if you lose 200k in 2017 or 1987 when you can actually enjoy your life without a mask on and actual places are open except for Walmart

>> No.21538413
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21538413

>>21526832
anon. here's the real deal. Chainlink isn't sustainable long term. historically this is an pump operation coordinated by ETH shills who can't get the same return on their ETH pump, so they've switched to chainlink and formed an unholy alliance with /biz autists to use as the foot soldiers. don't get me wrong, this has been an epic pump, but the long terms odds are against you. think bitconnect.

so here's what you do. take half off the table. pay your debts with it, and let the other half ride/ keep it in chainlink if you want, but BTC is safer long term (at least get 2.1 BTC).

this way you hedge yourself. half on half off = peace of mind no matter what happens.

>> No.21538549

>>21538342
Vanguard S&P500?
I don't know, anon, I'm new to this as well. I know the theory, but I can't tell you much about the actual practice, or which one to choose.
But specifics aside, the overall strategy is:
>Crypto is super volatile, so you can win or lose a lot really quick
>Put some play money that you don't mind losing into crypto
>If you make some significant gains, get them out of crypto, and invest them into something safer yet profitable, like an index fund

>> No.21538689

>>21526904
Much more likely that Fantom will 10x.

>> No.21538718

>>21526832
Take 20% of your LINK and put it on Bamboo Relay

https://bamboorelay.com/trade/LINK-WETH

Exchange that LINK for WETH

Now put that WETH in TRANQ

https://bamboorelay.com/trade/TRANQ-WETH

Now wait a few weeks until TRANQ hits Idex and take massive profits.

See here
>>21276858
>>21276858

>> No.21538933

>>21538549
They key here is "significant".
It's up to your standards and how greedy and risk-averse you are, to determine when your gains are too high to remain in crypto.
It really depends on the person.

In my case, I wouldn't mind losing 500 a month, so that's what I would invest into crypto.
And I would probably sell at x10-x20, turning 500 into 10k.
Do this enough times, and you will have more money, so your standards will raise, so you won't mind losing 5k, and your x10-x20 gains will be 100k each.

So in short, be realistic with your current situation, and start climbing at your own pace.

>> No.21539041

>>21526832
Seems like you have pretty weak hands OP. I would wait until $30-50 and then sell 90% of your stack so you can have your gay house and car. Leave 1K in and never sell it so you don’t rope when LINK inevitably goes to the stratosphere.

>> No.21539043

>>21526832
>I just need someone to tell me what to do.
buy the dip, you cuck

>> No.21539095

I still haven't taken out my $10k initial that I've dcad in over the last two years but it seems retarded to sell anything at all

>> No.21539106

>>21528696
Couldn't he just claim and pay the taxes when he does the normal annual federal taxes in April?

>> No.21539507

>>21527269
I have shit credit but a lot of cash. Do you think I can get one of these fully flexible mortgages if I can straight up afford the house in cash? Like I just show the lender my bank account? I assume the down payment would be higher... but is it possible to get this type of mortgage with bad credit?

>> No.21539725

>>21527348
/biz/ is gambling and neets being convinced by rich people to invest in their scamcoins. Some neets end up luckier than others.

>> No.21539756

>>21528646
Think about it. If LINK fails and you hold, your life is the exact same as it has always been and it was never gonna change. But if LINK succeeds and you sell too early, you have to live for the rest of your life knowing that you could have changed everything but you fucked yourself over.

Which scenario produces the most anguish?

>> No.21539768

>>21526832
If you have another opportunity then cashing out a bit could be justified. But paying off your mortgage would be one of the dumbest things you could do with the windfall

>> No.21539899

>>21528568
Hahahahahahaha you lost out on link and BTC broke 12k today abahahahahhaha how does it feel to be wrong and such a stupid cock sucking faggot?
>3k btc
>200 eth
Hahahahahahahahhahahahahahahaah you fucking subhuman shitskin nigger brains! Sad!

>> No.21540026

>>21527166
Paying off a house early is a scam no matter how you slice it. Just extra cash putting in SPY instead of mortage will get you paying off your mortgage fasterand you’ll make more money longterm

>> No.21540059

>>21534908
That could give him a huge tax bill he couldn't afford.

>> No.21540127

>>21539507
You can if you find the right lender. Some lenders outweigh cash and NW over credit. Downpayment would probably be higher for lower LTV.

>> No.21540169

>>21534786
>>21534786
Stop panicking. Do you think 12k BTC is the top of this next bullrun? Do you not believe oracles are vital for smart contract development and adoption? You need to think long and hard on why you’re here before you fuck it up. And by the way I understand 300k seems like a lot of money but it’s just a number on a screen stop being emotional about it. Just because the number is high shouldn’t change anything. You’re telling me $20 is the absolute top? You’re telling me $50 is it? That’s the end? Calm down and enjoy the ride. Good luck.

>> No.21540192

>>21537136
But 80% of my gains leaves me in the negatives. Meaning I should just leave my numbers in the mystery box until it jumps again.

>> No.21540220

>>21527687
Bro, I wouldn't have even invested at 0.17 if it wasnt for funny apustaja memes.

>> No.21540400

>>21533840
i'm 37 and remember both beenz and flooz and that's why I didn't initially buy btc.. would have been better to be ignorant than to have a somewhat similar reference frame

>> No.21540736

>>21526832
>sell 100K now
>invest some of the extra monthly income into 50% bitcoin and 50% VGT stock
>the remaining 100K will be your golden ticket
>10x ~ 1M
sell here if you’re a solo player
>100x ~ 10M
sell here if you have a family

>> No.21540739

>>21526832
My honest advice: Cash out 50% at least.
Why: Because a massive dump is incoming. It doesn't have to mean chainlink is over, but the momentary price is the result of hysteric meme buying and not sustainable.

>> No.21540755

>>21528696
so would you say the max amount they'll tax is %30?

>> No.21540785

>>21539756
this. but I read the whole thread & op is basically a poor weakhanded normie, there's no way he'd be able to handle wealth if 200k freaks him out. not everyone is cut out for it

>> No.21540798

>>21526832

why would you pay off your mortgage? can't you think of anything better to do with your profits?

>> No.21540895

>>21540739
This, but delusional linkies will tell you that it will just repeat bull flags until the end of time

>> No.21541269

>>21526832
why would you pay off your mortgage with it? you made the right call once, if you can't risk anymore sell it once it reaches $20 and put in a safe stock like TSM with dividends. You'll have passive income to help you out and still substantial growth potential that will save you the stress.