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

/biz/ - Business & Finance

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53378030 No.53378030 [Reply] [Original]

>buy a huge amount of illiquid asset
>price gets pushed up
>you're rich
>but if you sell, you'll crash the price and make very little money
>don't sell, just enjoy being rich

>> No.53378051

>>53378030
sell only little by little and keep the FOMO

>> No.53378069

>>53378030
Take a loan out on the asset and flee

>> No.53378085

>>53378051
there was no fomo, it was literally all self-created liquidity. In fact the opposite was happening, people were selling en masse and he had to keep buying to prop up the price

>> No.53378118

Kek.

But you're actually supposed to post lots of threads on twitter calling yourself Illiquid Asset God and tell people about how it's going to 1 trillion dollars mcap and will flip Popular Thing.

I suppose also you could take out loans with Asset as your collateral and use that to hire an army of shillbots pushing it everywhere especially /biz/ hyping it up to nerds as the biggest thing ever until you gain an organic cult of retards who feel superior to others because price will increase over time (and so will your net worth) and thus you can steadily sell on the way up, piece by piece, dumping on those fucking retards while you pay back your loans and accumulate actual money instead of shitcoins.

>> No.53378120

>>53378069
BANKMAN I WILL FIND YOU
https://nypost.com/2023/01/20/sam-bankman-frieds-lawyers-say-car-drove-into-barricade-outside-his-house/