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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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21597706 No.21597706 [Reply] [Original]

>all the weak hands who sold are now seething
>all the Never linkers are seething

Congrats to my brothers who passed the first test and didn’t sell

>> No.21597779

>>21597706
thank you brother, so many graves to spit on though

>> No.21598069

>>21597706
Was a perfect time for swingchads. Made out with an extra 100 LINK.

>> No.21598087

>>21597706
I sold my loan. I couldn't take it. But I still have my initial stack. We are all going to make it.

>> No.21598129

i sold at $15.80

many feels. i had too much money on the line for my poorfag self.

guess ill try to find the next coin

have fun with your millions, frens

>> No.21598692

>>21597706
Lower highs, every day. It's over.

>> No.21598717

how much is it rn?

>> No.21598772

>>21598717
it dropped to $1.52 unfortunately. i'm ruined.

>> No.21598790

>>21598772
cool, I'm still up x14 if that's the case

>> No.21599298
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21599298

>>21598129
i never sold, and never will
HAIL KEK, HAIL HITLER, HAIL VICTORY

>> No.21599324

>>21597706
DR;NS FAGGOT

>> No.21599327

The dumps got me a little bit nervous. I have 40k in loans out but only about 30% of my link as collateral. Got down to about 25% LTV.
Is the the lowest its going? I need another 80k in loans but want to keep well away from liquidation. I'd like to see us with $20 as new support because a health factor of 4 still feels a bit risky when it's chainlink. Chainlink is all I have to live for at this point. I'm still in disbelief every time I check and it's above $10. We spent so long sub $1 so it's surreal. I'm ready to start my real life but can't until I get income from steaking. It's not that I'm hedging my bets, I just want to diversify since it's free money and get more income generating assets to make the wait less boring.

>> No.21599540
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21599540

>>21597706
>first test
hello new fag

>> No.21599568

how do i turn my link into actual money I can use

>> No.21599624
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21599624

>>21599298
and hail sergey nazarov

>> No.21599750

170 linkies. DR;Ns

>> No.21599880

>>21599327
>>21598087
Brainlet here. Can you explain how you get a loan with your crypto? Is it with makerdao? How does that work? And is it really safe?

>> No.21600297

>>21599880
I used aave but it's all the same but more or less safe. I fall on the left side of the curve when it comes to the chainlink holder iq distribution. Don't know what link is, defi is, the difference between tether and usdc, barely even know what btc is despite being on /g/ before /biz/ and mocking the idea. You put up link in smartcontract. They give you fakelink in return that generates interest. This fakelink can be held to borrow shit. It's all trustless so short of an exploit its safe. Exploits and hacks have happened many times before. Anyway that's basically it, give them money and ask for more money and hope you stay north of price dumps and interest or you lose everything except what you borrowed. Or maybe you keep part of what's left after liq+penalties. Like I said I'm a brainlet. No clue what I am doing but things just kind of do what I hope it does when clicking on things. It's scary at times but I try not to think about it too much and I feel better.

>> No.21600520

>>21600297
Same boat, in terms of low iq, but I need to put my link to work so as soon as yearns link vault opens back up, I’m taking the plunge

>> No.21600563

I can't even think of a situation i've ever been in where I sold and didn't regret it later. Never fucking sell.

>> No.21600707

>>21600563
I can think of plenty of situations where I didn't sell and regretted it and thought "obviously I should've fucking sold what the fuck I'm so retarded why didn't I listen to myself?"

Sounds like you just have bad timing anon

>> No.21601033

>>21600707
oh and one of those situations was literally yesterday when LINK was still $18.60

>I should really sell at least some of my LINK
>NEVER SELLING, HODL THE LINE MARINE!

Great job genius

>> No.21601104
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21601104

>>21598692
smell you later