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/biz/ - Business & Finance

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25607316 No.25607316 [Reply] [Original]

>be me
>21
>just promoted to $50,000 job
>214 LINK
>88,000 Harmony One ($400)

I’m planning on holding for a minimum of 10 years... Will I have enough for a down payment on a home?

>> No.25607543

>>25607316
Put your LINK in AAVE, and lend more USDT.
Swap that USDT for more LINK on Uniswap and pay back that USDT on AAVAE in 5 years.

>> No.25607551

just keep investing what you can without sacrificing the enjoyment of your 20s. Put aside some money per paycheck to invest and just hold.

>> No.25607640

>>25607316
whats your job?

>> No.25607659
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25607659

>>25607551
Yup that’s the plan. Thanks fren!
We’re all going to make it!

>> No.25607661
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25607661

Put it in an index fund with 0.07% APY. Trust me I’m an expert in finances.

>> No.25607669

>>25607551
>enjoyment of 20s
There are some of us that spent our 20s as virgins employed in soul destroying jobs and putting every spare penny into moonshots. Why should OP get to enjoy theres? Making it isn't free.

>> No.25607679

you can't be serious anon. link is a pnd, by 2025 it'll be gone let alone 2030

>> No.25607726

>>25607316
>50k year job
>waiting 10 years for a downpayment
wut

>> No.25607751
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25607751

>>25607669
I actually somewhat enjoy my job...

>>25607640
I’m a Network Engineer, I have a degree in Information Technology

>>25607679
SN = SN $1k EOY is FUD

>> No.25607814

>>25607316
>88,000 Harmony One
you managed to put money in one of the most obvious scams there ever was on /biz/ despite multiple warnings over the course of months. I think you are larping

>> No.25607905
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25607905

>>25607814
It’s actually 82,000 my bad, just bought it a little but ago...

I am a retard, was in Special Ed throught elementary school because I had 85 IQ.

Pretty sure the tests were wrong though...

>> No.25608124
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25608124

>>25607551
>enjoyment of your 20s
Elaborate

>> No.25608135
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25608135

>>25607751
>enjoy my job
You disgust me

>> No.25608197

>>25608124
Name?

>> No.25608222

>>25608197
Lyubimoe moë

>> No.25608258

>>25607543
gas too expensive for small amounts i think

>> No.25608274

>>25607543
How do you set the length of a loan in aave?

>> No.25608377

Lemme hijack this thread. I can invest ~$20k yearly without worrying too much. Passive income. I have a medium risk tolerance, but becoming a bagholder would make me really depressed. I have a mortgage ~$151k that I'd like to pay off in one day. I'm thinking about dong 40% BTC 40% ETH 20% ???

Don't find LINK or other looney coins fancy

>> No.25608431

>>25608197
paige renee spiranac

>> No.25608547

>>25607543
how do gas fees work with lending on African American Vernacular English?
I was considering parking my crypto on blockfi instead. Seems safer.

>> No.25609046

>>25608377
It’s all link, always has been.
Take the SWIFT pill fren....

>> No.25609251

>>25608274
There is no fixed time period to pay back the loan. As long as your position is safe, you can borrow for an undefined period. However, as time passes, the accrued interest will grow making your health factor decrease, which might result in your deposited assets becoming more likely to be liquidated.

Just deposit more or repay some of the loan if your health factor decreases. I always keep my health factor above 2, just to be on the safe side.

>> No.25609710

>>25608377
Safe play long term: BTC ETH LINK
My shitcoins of choice: RSR PNK

>> No.25609919

>>25609710
I just got out of LINK. Fuck Sergey and fuck his Russian coin. Will it get to $100?

>> No.25610701

>>25609919
What are smartcontracts without external data?
How do you connect said data with these blockchains in a secure and reliable way ?
Which blockchain project is biggest by MC today ?
Which smartcontract platform is the biggest by MC today ?
Answer these questions yourself. Maybe you'll come to a conclusion.

>> No.25611308

>>25610701
The ghost of my uncollected profits will haunt your dreams for eternity if LINK fucking tanks to $6 and I'm left holding the bag. But you do make some quite convincing points. Like Docusign for the blockchain

>> No.25611748

>>25611308
No. But the ghost of your unrealized gains will make you hate/kill yourself.
>t. wanted to buy bitcoin at 20$ but didn't until 2017

>> No.25611993

retard, holy shit