/biz/ - Business & Finance

[160k anon No.21451183]

Friendly reminder that generational wealth is built through concentration and risk, and maintained through diversification

Everyone telling you to sell is a poorfag, a nolinker, or a shitcoin trader who buys the latest uniswap scams every week.

If you've done your homework, you know where we're headed.

[Anonymous No.21451247]

based 160k anon. godspeed.

where do you think we'll be in 2 weeks?

[Anonymous No.21451267]

i used to hate 160k anon. but he's growing on me. based + red pilled

[Anonymous No.21451389]

>>21451183
If this is real you are one based mother fucker and will not stop winning from here on out.

Godspeed anon.

[Anonymous No.21451459]

>>21451183
>+$1MM in one week
>not selling

lmao

[Anonymous No.21451514]

>>21451183
How are you diversified? you went all in on link

[Anonymous No.21451573]

>>21451514
He hasn’t made it yet. This is not enough to retire yet. Almost there though.

[160k anon No.21451581]

>>21451514
Like I said, diversification comes after.

I'm all in until I have enough wealth to support my children's children

[Anonymous No.21451624]

>>21451581
after your $3MM is worth $500k

[Anonymous No.21451635]

>>21451183
Based, my portfolio is similar but with 200k

[Anonymous No.21451636]

happy for you OP

[Anonymous No.21451653]

>>21451183
when did you buy?

[Anonymous No.21451662]

>>21451624
Delicious cope

[Anonymous No.21451720]

>>21451183
eoy price? when did you buy?

[Anonymous No.21451723]

>>21451183
OP please respond >>21451514

[Anonymous No.21451766]

>>21451183
how are you storing those precious linkies? ledger + seed words in a safe?

[Anonymous No.21451779]

>>21451183
Should I take a third job to buy more ? I already divorced my wife and have some free time.

[Anonymous No.21451806]

>>21451573
>$3M
>not made it
If you think you haven't made it with $3M, then I've got a spoiler for you: you're never going to make it. Because for you, making it probably involves lambos, hookers and penthouse suites, and no amount of money will be enough to satisfy your lifestyle creep.

Any fucking retard can invest $3M in safe indexes and live an upper-middle/lower-upper-class lifestyle without ever having to work again. That's making it. Making it means you're comfy, you own your time and you do with it what you want. No more or less.

[Anonymous No.21451809]

>>21451183
Homework: done
Meds: not taken
Delusion: complete
Linkies: extra stinky
see you on the other side marines

[Anonymous No.21451867]

>>21451806
What if I told you I don't give a fuck about a middle class lifestyle? It's all or nothing bitch. I'm at 2.5 mil now but I'm going to keep hard charging until the end because that's what great men do.

[Anonymous No.21451890]

>>21451809
based and stinkpilled

[Anonymous No.21451925]

>>21451581
This point needs to be made again and again.
*Concentration* for wealth building, *diversification* for risk management and preservation,

A lot of you Bizraelis fail because you're always chasing the next hot shit, instead of building a large position in very high quality assets.

LINK was a huge winner....there's another one I like, not gonna shill it here but I'll just say it was founded by a top crypto scientist and it trades on Cuckbase.

If you're always trying to find the next flippy flip 20x, you're gonna get scammed a lot.

[160k anon No.21451945]

>>21451247
I can't pretend to know, if SmartCon is good I could see us at $30-50

[Anonymous No.21451947]

What’s most fucked about this is ull feel way worse when this drops 50% than u did when u hit 3 mill

[Anonymous No.21451946]

>>21451867
future pink wojak

[Anonymous No.21451950]

>>21451867
Based as fuck

[Anonymous No.21452066]

>>21451867
Based.

[Anonymous No.21452130]

>>21451945
The only way I can understand the current whale insider trading, is that some of the companies working with Chainlink leaked their information on staking and the next steps of development to some of their high tier investors.
It doesn't have to be from smartCon.
They are expecting the next step and committed the crime of insider trading.
It's going to be hard for us to keep ahead of these groups with no morals.

[Anonymous No.21452147]

>>21451573
$3MM is enough to re-invest, come up with business ideas, etc. and never have to worry about waging again if you're smart enough.

[Anonymous No.21452155]

>>21451183
good post fren

[Anonymous No.21452187]

>>21451867
this guy fucks.

[Anonymous No.21452191]

>>21451867
Nah, it's what insecure men do. Great men see the futility of fleeting pleasures and seek happiness through contemplation.

Nevertheless, I wish you the best anon.

[Anonymous No.21452228]

>>21451867
>>21451945
fuckin retards lmao
>>21452147
nah they will hold another 70% move down and wonder what it could have been, many paper millionaires were made this year, same like 2017, i bet 90 out 100 lost it all because they are degenerate gamblers not investors.

[Anonymous No.21452237]

>>21451183
Sell 60K at $100-$300. Let the rest ride. Godspeed.

[Anonymous No.21452241]

>>21451183
Absolutely based and blessed.

[Anonymous No.21452271]

>>21451867
This.

Only fags stop chasing

[Anonymous No.21452339]

>>21451925

Might as well shill it, and give us a sentence on why.

[Anonymous No.21452355]

Damn easily could have had 160k but whatevs hoping to make it with this

[Anonymous No.21452389]

>>21452355
is this link only?

[Anonymous No.21452430]

>>21451183
congrats anon, I remember you posting here for a while and people telling to sell or swing. how does it feel knowing you made it? I can’t even imagine how it feels making 1MM in a week and still having to go to work

[Anonymous No.21452432]

>>21451925
if it's on cb it's too late to for shilling to matter

[Anonymous No.21452435]

>>21452339
It’s algorand

[Anonymous No.21452473]

>>21452389
100% link. Hope I make it but I’m hoping for 5M.

[Anonymous No.21452475]

>>21451867
Sir, they're asking for you...

[Anonymous No.21452495]

You're still at the poker table friendo

[Anonymous No.21452552]

>>21451867
Enjoy the chase but remember greed is not ambition. 2 million is my goal, that is absolutely making it for me in a 3rd world country, I will get there and call it a day.

[Anonymous No.21452592]

>>21452339
kek Algorand.

Founder is probably the top computer scientist on Earth, certainly among them. This tells me he (a) knows what he's doing and (b) isn't trying to risk his lifelong reputation on a shitcoin. He built ALGO because he sees a need and knows how to solve it. The use cases are solid, and it's developer friendly. Sweet staking rewards too.

Whether it succeeds commercially, no one can say and I'm not a shill so I can't promise a 20x or that bullshit. .66 now, I think $4-$5 EOY is possible, but if we get a bull run I think we can see LINK numbers and if the underlying tech behind ALGO catches on, it can go to any number.

Regardless of where it goes, I'm stacking chips and buying dips. Good luck to you as well.

[Anonymous No.21452725]

>>21451867
Yup, nigger confirmed. Enjoy the ride I guess, because with that mindset you're never getting off the hamster wheel.

Great men didn't just chase money until they died, they did something meaningful with their lives, which sometimes involved money but oftentimes not that much. Do you think the barstool sports goon is a great man because he's got lots of money? Are lottery winners great men?

[Anonymous No.21452762]

>>21452435
>>21452592

I am going to dump all my remaining liquidity into this based on you two faggots. Love you and thank you. No homo.

[Anonymous No.21452849]

>>21452762
good luck. Suggest you DYOR anyway, and buy the dips.

If we make it, I'll see you on the other side.

[Anonymous No.21452902]

>>21452849

>Suggest you DYOR anyway, and buy the dips.

Sure, but you not shilling it is the only reason I even opened the page. Hope the shills don't learn from this.

Thanks again, see you around fren.

[Anonymous No.21452953]

>>21452592
It seems Silvio Micali has no understanding of economics and bad actors.
>lgorand Technology: Algorand utilizes a Pure Proof of Stake, where validators are not rewarded nor are they at risk of being slashed. It becomes impossible for the minority to cheat and irrational for the majority to cheat the system as it would devalue their holdings. There is also no locking of tokens so a user has their tokens available at all time.

The first rule of an entrepreneur or someone who wants to bring a service or make a profit is to take a risk.
What this person is doing is trying to play god and micromanage the complete ecosystem.
This may work for a shitcoin, but if he really wants to use this on a global scale its impossible.
Validators don't have a stake in his system, and are free to manipulate the system in multiple ways...

[Anonymous No.21453189]

>>21451183
it is time.

[Anonymous No.21453277]

>>21451867
FUCKING BASED

[Anonymous No.21453518]

>>21451183
Wow the retardation in this thread is scary AF

[Anonymous No.21453569]

Want to let yall know

OP is a larping faggot who is using psyOps to convince you not to cash out. OP is probably 3rd worlder

[Anonymous No.21453580]

>>21452953
This

[Anonymous No.21453851]

>>21451581
What do you plan on diversifying into?

[Anonymous No.21453865]

>>21453569
He's dumb as fuck for not cashing out $3m, but there are several people on /biz/ who legitimately accumulated 100-300k link over the past few years

[Anonymous No.21453965]

>>21451183
>muh generational wealth
imagine being such a cuck that you don't spend all the money on yourself while you are still alive and choose to give it to some ungrateful prick that can't wait for your death lmao

[Anonymous No.21454101]

>>21451867
Can't wait for you to blow your brains out like all the other retards that didn't sell the pump in 2017/2018 for similar reasons

[Anonymous No.21454273]

>>21451945
Confirmed LARPer

All OG linkers know exactly what happens after smartcon

[Anonymous No.21454338]

>>21451806
>safe indexes
Examples of safe indexes?

[160k anon No.21454574]

>>21454273
I've already proved my wallet months ago. The only thing we know for sure this quarter is Oracle obp integration, would be nice if staking is mentioned during the conference since Sergey hinted at it before eoy.
Either way, don't get married to meme dates and deadlines, or you'll never last and your emotions will get the best of you.