/biz/ - Business & Finance

[Anonymous No.27552632]

I am fucking insane

> Invest already 25% of my savings into crypto
> Still can't stop feeling FOMO

I'm about to toss 2-3k$ more. I'm strongly considering consolidating my positions even further with 66%/33% ratio but have also been thinking about some coins like FTM and GRT but their market cap seems too large and it looks like they started pumping already even harder than these.

This thread will more than likely be buried but can anyone lurking and has knowledge about these coins tell me if my FOMO is justified?

[Anonymous No.27552841]

>>27552632
in december i started and told myself 20% of my savings only, as a hobby
now im up to 65% of my savings in crypto and have to stop
it's hard because thanks to crypto i'm up 40% than where I would be otherwise

[Anonymous No.27552867]

>>27552632
Ok. First of all, having a big portfolio and a small bank account is not necessarily bad.

But you're investing in dogshit (LTO is oookaay I guess, but not such a big portion). If you get Bogged, it's your own fault.

[Anonymous No.27552944]

its gonna be painful but i wouldnt be buying anything more until this bullrun is over, stay strong.
when the drop comes youll be able to buy 3x as much and u wont have bought the top

[Anonymous No.27553001]

>>27552867
I have almost 6fig in crypto and only 900 bucks in my bank account. Btc Eth Link

[Anonymous No.27553019]

>>27552632
>no GRT

[The Bristolian No.27553109]

Get some REEF pussy, before it explodes

[Anonymous No.27553111]

>>27552632
>no ETH
ngmi
Also, investing 25% of your savings isn't insane.

[Anonymous No.27553135]

>>27552632
Dude if this isnt bait the dont put all your money in these fucking shitcoins buy blue chips and slowly stack. You fucking boomers have no clue

[Anonymous No.27553154]

>>27552632
rubic

[Anonymous No.27553205]

>>27552632
>no grt.

ngmi

[Anonymous No.27553297]

>>27552632
my first crypto trade was when i went all on on ETH back in december
panicked on first 10% dip and sold at a loss
would be like x3 by now if I just held

[Anonymous No.27553338]

>>27552867
I'm not sure if you researched enough the aforementioned coins. I didn't have this much FOMO in a long time, and I survived 2017. There is no point in me investing in LINK when it's 20$ - that's not how you make it in this game.

Could you suggest what you consider non-dogshit then?

>>27553019
Already started pumping and it has almost 1 bil market cap. I don't consider it a good entry anymore and it being shilled this much proves that it's too late.

>>27553111
Same as LINK argument, the returns on it wont make my investment worthwile - it's a gamble after all.

>>27553109
I don't want to be bagholding projects I don't believe have solid fundamentals or long term value.

>>27553154
Same as above.

Can anyone who actually owns ROSE give me an input please. Thanks.

[Anonymous No.27553377]

>>27553109
This

[Anonymous No.27553494]

>>27553338
baka if you bought in rubric instead of being a reddit fag about muh fundamentals you would of already made it.

i would spoon feed you but your ngmi

enjoy missing out alt gains then selling next year to miss when LTO and rose finally pumps

[Anonymous No.27553524]

>>27552632
dont buy fantom fucking scam coin it just pumps and dumps on newfags and then flatlines for a year

[Anonymous No.27553658]

>>27552632
What the fuck are those shitcoins? NGMi

[Anonymous No.27553661]

>>27553494
I don't mind missing on gains - most of the things are bound to pump eventually. I just don't want to have a risk of becoming a bag holder of things I don't believe in while the things I want to bag hold potentially pump in the meantime.

>>27553524
Noted. PNK was giving me similar vibes.

[Anonymous No.27553679]

>>27553338
Based LTO chad.
Stop talking about it I am still accumulating.

[Anonymous No.27553678]

>>27553494
rubic is unironically a scam that /biz/ wrestled control of from whale shills who panic sold and now circlejerk eachother adding more /biz/relis thinking its the next link

[Anonymous No.27553758]

>>27553001
I am five figures in crypto and 3000 bucks in all accounts. Just started 3 months ago.

[Anonymous No.27553801]

>>27553338
Reef is literally releasing an app in the upcoming months lmao. Please go back and don't buy reef, you don't deserve the gains.

[Anonymous No.27553902]

>>27553338
Yes I can recommend the one you said you missed: GRT.

It is brand fucking new and has massive hype.

[Anonymous No.27553964]

>>27553661
enjoy bag holding your bags that won’t moon until next year kek

[Anonymous No.27553993]

>>27552632
Fomo is never justified. The first thing you need to do is learn to watch markets and not feel like your always MISSING OUT ON THE BIG ONE lol. There will always be opportunities.

Is what you've been doing working? Do you have a good consistent strategy for moving forward? If so put a bit more in and watch/learn. You WILL get fucking spanked eventually and it will suck hard lol

[Anonymous No.27554157]

>>27553338
ETH is a one of the safest crypto investments that will grow for as long as the bull run continues. If you want to make more than 10x, then sure you can gamble on shitcoins, but with $8.8K you can almost guarantee yourself more profit for this bull run than you probably expect, rather than gambling

[Anonymous No.27554200]

>>27553658
These comments are making me FOMO even harder holy shittttt

>>27553679
Will do after this thread lad. Am already staking 15k I have to biz node. Considering buying 5k more at this price. Do you still think it's a decent entry point?

>>27553801
Did this talk ever convince anyone? I literally don't care about it and the only reason it started being mentioned here is because of that Binance talk and people expected it to pump.

>>27553902
Thanks for the advice, but I already adressed GRT here.

>Already started pumping and it has almost 1 bil market cap. I don't consider it a good entry anymore and it being shilled this much proves that it's too late.

>>27553964
I'm fine with waiting years if it brings me into 2017 LINK buyers position.

>>27553993
Agreed, but I'm feeling FOMO while most of the people haven't even heard of these coins. I already survived 2017 with peak FOMO. I made this thread to get input from lads who bag hold the same coins as I do to get reassurance.

[Anonymous No.27554254]

>>27552632
rubic

[Anonymous No.27554285]

>>27553338
ETH is one of the safest crypto investments, it will grow for as long as the bull run continues. If you want to make more than 10x, then sure you can gamble on shitcoins, but with $8.8K you can almost guarantee yourself more profit for this bull run than you probably expect, rather than gambling

[Anonymous No.27554422]

>no grt

not going to make it

[Anonymous No.27554449]

>>27554200
i don’t get it, you believe in these shit coins more than GRT , parsnips , bao and rubric? you realize 2020 is year of defi? how much of a new fag are you. last spoon feed.

none of the coins you have will be link tier otherwise it would of pumped already

[Anonymous No.27554500]

Be careful man, caught that bug in late 2017. Gradually invested savings of 20k, traded up to 100k, all the way back down to 10k

Of course then I swapped it all for 50k chainlink and am a millionaire now so what do I know

[Anonymous No.27554542]

>>27554200
Yes. Token burn will ensure that, and transactions are still growing. It may take a couple years but I expect it will steadily grow in value.
I just wish it was easier for burgers to buy--I can't into Binance so I have to use uniswap and get fucked by gas fees

[Anonymous No.27554716]

>>27553001
Same
1k in the bank
300k in Chainlink

Just be warned that there will be a brutal crash at the end of this cycle, don’t invest if you can’t afford to lose it

[Anonymous No.27554798]

>>27553338
>There is no point in me investing in LINK when it's 20$
You know it’s going to $1000 right?

[Anonymous No.27554869]

u are being spoonfed and won't take the help, some people can't be helped, GRT will moon higher, and when it does you'll be thinking .75 cent looking real good, im about to drop more on it

[Anonymous No.27555024]

>>27554449
I cannot spoonfeed you, sorry. Most of those are too late to get into (bad entry point for being OG holder) or are too 'meme' for my taste. I hope that by reading my responses by now that you should notice that I'm not some kind of mindless bumbling idiot.

>>27554500
Appreciate the advice lad. I gambled in 2017. with my high school money between 7k LINK and 5K AMB - chose the wrong option. C'est la Vie.

>>27554542
>>27554716
When do you expect cycle to end? I have 2.5k$ monthly wage so even though it will hurt I will survive. As mentioned before, it's glorified gambling after all.

>>27554798
I consider it a bad entry point and do not want to chase pumps which LINK has done a lot already.

>>27554869
Keyword being
>im about to drop more on it
You already have a good entry point in it, you're just DCA-ing now.

[Anonymous No.27555197]

>>27554200
Man, what do you mean "already started pumping"?

BTC "already started pumping" when it moved from 10 to 15k last year. Chainlink "already started pumping" when it moved from $1 to $4 in the span of a month. I don't know what to tell you anon, it's like you don't want advice.

[Anonymous No.27555369]

>>27555024
>When do you expect cycle to end
If you don’t even know about the btc meme charts (rainbow and s2f) you really shouldn’t be getting into crypto at all.

> I consider it a bad entry point
You’ve been investing for about a month and you suddenly think you know your shit huh?

> do not want to chase pumps which LINK has done a lot already.
Buying shitcoins is chasing pumps.
Link will reach $300-$1000 this cycle.

I’m going to link you to a thread in warosu where is sperged out at newfags instead of re-typing the same points.

[Anonymous No.27555488]

>>27552867
>LTO
>dogshit

[Anonymous No.27555572]

>>27555369
Thread here
>>/biz/thread/S27355318#p27366082

Dishing out spoonfeeding to ungrateful bullmarket newfags is pretty unsatisfying since I’m sure most aren’t going to pay attention. They’d rather take advice from Dogecoin buyers who have been in crypto for less than 3 months.

[Anonymous No.27555627]

>>27555488
Read the literal second sentence of my three sentence post. I said it's okay, but I wouldn't wager half my portfolio on it.

[Anonymous No.27555672]

>>27555024
sigh okay couch scientist.

i’m actually an engineer that works with statistical analysis and i’m pretty good with TAs.

Those shit coins aren’t bad investments DESU, but they aren’t pumping this year. you’re better off investing in this defi craze and ride pumps to swing to your stack.

i’m certified six sigma black belt

[Anonymous No.27555699]

>>27555572
Not just that post I linked by mistake, but the whole thread btw

[Anonymous No.27555840]

>>27555672
>Six sigma black belt
They give that shit out like candy don't act so high and mighty

[Anonymous No.27555871]

>>27555197
>Man, what do you mean "already started pumping"?

It's currently hovering around 2100 SATS. It was at around 1550 SATS literally few days ago. Compound interest is helluva thing.

It also literally had nearly 1 billion market cap. Just how further are you expecting it to pump? It can x2 before entering top 20.

>>27555369
> If you don’t even know about the btc meme charts (rainbow and s2f) you really shouldn’t be getting into crypto at all.

I am aware that this is glorified gambling. I'm also of an opinion that this is mostly hype driven market based on momentum rather than meme graphs.

>You’ve been investing for about a month and you suddenly think you know your shit huh?
I've actually been here in 2016. - 2017. 20k to 4k BTC era. At least I gained some experience in everyone preaching about their bags and shilling projects that will be dead in few months / once drop starts. I am just saying given the amount of money I'm gambling with I would rather go for actual moonshots with chance of putting me into OG LINK holder position instead of entering into it now.

[Anonymous No.27556158]

>>27554285
Are you selling and buying dips or just hodling? And if so, what’s your target to sell?
T. Guy with 5 eth and a dream to sell at 5k

[Anonymous No.27556167]

>>27555871
It is easily a top 20 coin. A x2 would put it 27th.

[Anonymous No.27556455]

>>27555871
>I am aware that this is glorified gambling. I'm also of an opinion that this is mostly hype driven market based on momentum rather than meme graphs
No, what? Bitcoins price, long term, is NOT controlled by hype, it’s controlled by MINING, that’s what the s2f meme chart shows. Your opinion is fucking worthless. Read the thread I linked in its entirety, google s2f, and stop spreading worthless disinfo. For someone who claims to have been here since 2016/2017 you’re cocky and ignorant as fuck.

Link will hit $300 minimum this cycle, it’s not my job to explain to you why that is so. Just know that link price predictions are actually based off adoption and not off FOMO and hype. And it WILL be adopted. You would know if you weren’t disgustingly new. Lurkmoar and stop posting.

[Anonymous No.27556558]

man this thread is infuriating
OP asked for advice but does nothing but defend his shitty positions
what a moron

[Anonymous No.27556785]

>>27556455
You are aware that huge percentage of LINK owners are the ones who bought it from the memes and not TAs, adoption or whatever you're trying to say, right? I'm trying to say that it's meme and hype driven market and it was even in LINK's case. I wish you 300$ LINK regardless.

>>27556558
I am just explaining my position and I created this thread mostly to discuss with ROSE and LTO owners which are still pretty rare here (ROSE even more than LTO).

[Anonymous No.27557001]

>>27556558
None of the advice I received is actually helping me with moonshots. What am I supposed to do with RBC and several billion market cap coins? I'm going in full gamble mode, where either I get super comfy or I lose it all. I am doing this for potential life changing gains - I'm a SWE with x8 average salary in my country, x1.5 or x2 wont mean anything to me and will not alter my lifestyle in any significant way.

[Anonymous No.27557126]

>>27557001
I definitely think getting into RBC now is a worthless move. Most of the moves on this board are trash, everyone only posts after something x2s already, rare to get anything good anymore.
but you trashed REEF, which I think has a high chance of x5ing at least this year, it isn't even close to a scamcoin

[Anonymous No.27557364]

>>27552632
Bro i have 90% of my saving in crypto, 19k GRT holder

[Anonymous No.27557406]

>>27553993
Wise words here. I would have a couple thousand dollar gains ytd instead of 400 if I thought this way

[Anonymous No.27557589]

>>27557001
you will see the so hard when rubric is 10$ EOY

[Anonymous No.27557659]

>>27553494
HAHAHAHAHAHA fucking rubic fag. You're gonna be pink wojaking it as soon as the scam is done with and the poos laugh at you.

[Anonymous No.27557739]

>>27557001
>looking for moonshots
>1-2x this month is not enough

ok faggot, have fun losing 100,000 Swedish Krollars on coins like HOTDOG. KYS poorfag.

[Anonymous No.27557825]

>>27552632
you probably have a personality disorder. addictive personality traits for sure.

you need to severely look at risk management. the more addictive and self destructive personality traits you have, the more careful you need to be.

this has nothing to do with crypto, you have a problem with emotional regulation and probably distress tolerance.

putting more and more of your savings into crypto is probably a maladaptive coping mechanism for the anxiety caused by your fear of missing out.

i suggest a DBT book for anxiety because DBT will help you gain emotional regulation skills and help you self-identify when you are emotionally aroused. pls seek help

[Anonymous No.27557969]

>>27557825
We're here to feed his addiction and ruin his life by suggesting scam coins. Idk what the fuck you think /biz is.

[Anonymous No.27558053]

>>27555024
under a dollar is a good entry point if you think it could hit 20$ in a few years. I don't have the best entry point, its ok, like 55 cent, i was in earlier originally and sold my position because it was taking forever to do anything

[Anonymous No.27558058]

>>27557969

[Anonymous No.27558217]

>>27554200
Market cap is kind of irrelevant. If you use that as the primary indicator of anything you're ngmi

[Anonymous No.27558258]

>>27557825
I will take this advice to myself.
I'm degenerate alcoholic that is now abusing weed and holding LTO to cope.
I'm also thinking of putting more of my money into cripto.
wtf

[Anonymous No.27558468]

>>27557001
I really hope you lose everything you worthless low IQ faggot

[Anonymous No.27558672]

any newfag who wants to make it and just wants to read good advice, follow
>>27555572
read every single one of his posts, in both this thread and the linked thread
he's dropping gold for you newfags

[Anonymous No.27558807]

https://smartcontentpublication.medium.com/completing-the-god-protocols-a-comprehensive-overview-of-chainlink-in-2021-746220a0e45

[Anonymous No.27559137]

>>27553494
what app is this?

[Anonymous No.27559196]

>>27556785
>huge percentage of LINK owners are the ones who bought it from the memes and not TAs
not ta but fa, strong fa is how you get enduring memetics
you're holding midwit dunning kruger bags btw, rose will underperform and fade into irrelevancy because nobody gives a shit about private scs or l1s, you're literally holding enigma instead of link in 2018 lol

[Anonymous No.27559251]

>>27552632
why would you keep USD shitcoins in a fucking bank

[Anonymous No.27559331]

>>27552632
Why 25% when you could go 95%?

[Anonymous No.27559549]

>>27553678
>massive money pouring into Defi
>Limited number of DeFi exchanges
>Rubic is new, unique, most potential

Anon, you do know that investing in ANY exchange this year is going to see massive gains right?

[Anonymous No.27560554]

>>27552632

I'm very much with OP right now I bought $150 of 60 cent link in early 2018 and then $500 more link after it pumped to $4 at around $3 each average. Right now it's all worth about $10k. So buying it now just feels way too expensive to me.

I recently got really into researching LTO, and got very very excited about it. I didn't have much cash at hand, so I had to debate how much link to give up to buy LTO. I thought for a whole day about it, because I was so attached to the dream of link as a true marine, but also had to accurately gauge the growth potential of keeping money in link vs transferring it to LTO. I ended up putting 20% of my link in it, but I'm probably gonna put more cash into link to make back up my original stack.

Basically I concluded that I was more confident that LTO would 30x to $6 each than link would 30x to $700 each. But in the long run, I still feel like link could be bigger than btc. So it's a tough call. I have another $800, should I stack back up on my link like was staying before, or put even more into LTO? I'm conflicted for the same reason OP is right now.

In the end no one knows. You just have to pick something you believe in and hodl.

[Anonymous No.27560653]

>>27560554
I'll also add that I have the same opinions of shitty meme coins like rubic, reef, whatever. Sure haters, they'll moon at some point, but don't pretend you sell at the peak more than you baghold to an overall loss.

[Anonymous No.27560928]

>>27559549

[Anonymous No.27561098]

>>27555572
Thank you this is indeed gold.

[Anonymous No.27561240]

>>27559137
Blockfolio, set it up with your API keys

[Anonymous No.27561525]

>>27552632
What wallet is that?

[Anonymous No.27561911]

Lmao at all the retards in this thread calling LTO a shitcoin. There's about 10coins in the entire market that actually provide value and LTO is definitely one of them. But hey, if you wanna gamble on pump and dumps, ignore me

[Anonymous No.27562177]

>>27555627
Ngmi

[Anonymous No.27562336]

>>27560554
Cheers lad, I'm waiting for tomorrow if LTO dips sub 21c to buy it.

Saging this thread because a lot of people don't seem to even know about these coins and I'd rather not spoonfeed them. I will remember all flaming and insulting though - time will tell who is right.

[Anonymous No.27563393]

Where does the newborn go from here?

[Anonymous No.27563591]

>>27561240
>linking NSAfolio with anything else

don't be a retard

[Anonymous No.27563887]

>>27553678
it’s worse than that. rubic is a pump and dump.

[Anonymous No.27563932]

>>27557825
Yes, hold fiat as the value gets diluted to nothing by banks having zero reserve requirements to make loans, stimmys, and minimum wage increase.

[Anonymous No.27564307]

>>27554716
>Just be warned that there will be a brutal crash at the end of this cycle, don’t invest if you can’t afford to lose it

>>27555369

>Link will reach $300-$1000 this cycle.

[Anonymous No.27564565]

>>27556455
Checked. Thoughts on avax, grt, and nucypher? And are you really saying its better to sell a long term hold just because it will crash at some point? Wouldn't it be better to hold?

[Anonymous No.27564629]

I have 1000 link and $30 in my checking account. Will I make it?

[Anonymous No.27564760]

>>27552632
why do you have ten thousand dollars in shitcoins?

[Anonymous No.27564966]

>>27552632
literally all the money I have is in my metamask, only 100 dollars in the bank, I buy everything with crypto anyways

[Anonymous No.27564977]

>>27564760
Because I'm a moron who instead of shutting up and buying had to make this thread.

[Anonymous No.27565728]

>>27552632
QNT

[Anonymous No.27566988]

>>27564977
Thank god it's dumping. I don't liked it being used for PnD but as long as price is low until I buy in all is good.