/biz/ - Business & Finance

[Anonymous No.26216596]

I got $3,000

AVAX or LINK?

[Anonymous No.26216615]

LINK

[Anonymous No.26216763]

>>26216596
>buy AVAX
>delegate to a node to make passive low risk income
>use delegation rewards to buy more LINK over time
>???
>make it

[Anonymous No.26216772]

>>26216615
Sounds good ty biz

[Anonymous No.26216812]

>>26216763
>>delegate to a node to make passive low risk income

Can you please provide more info on this?

[Anonymous No.26216997]

>>26216812
>you go to https://wallet.avax.network/ and make your own wallet
>you send your funds from the exchange to that wallet
>you go on the earn tab and pick a node you want to delegate to
>decide on a staking period (2 weeks minimum, 1 year maximum, best is 1 or 2 months to stay flexible)
>you get the same 10% APY as a node operator but you pay a small fee of 2% to the node operator
>your staked amount is never at risk
>the only bad thing that can happen is that the node doesnt have 60% uptime and you miss rewards for the staking period but this never happens because the node operator wants his rewards

its really simple bro

[Anonymous No.26217004]

>>26216596
AVAX price will rise higher and faster. You can also earn 10-12% staking rewards.

[Anonymous No.26217190]

>>26216997
pretty new to avax too and currently holding 750 of these bad bois
do i DCA till i have 2000 to run my own node or better delegate my avax to existing ones ?

[Anonymous No.26217249]

>>26216596
You missed link. Buy the lower caps.

[Anonymous No.26217320]

AVAX
buy fast it’s dipping HARD rn

[Anonymous No.26217564]

>>26216596
AVAX

[Anonymous No.26217596]

>>26217190
If you can afford it you should try and get 2k avax for your own node and spin one up asap.
If it takes you longer to accumulate put your avax to work and delegate to a node.