/biz/ - Business & Finance

>>15437749
Yes, if you don't check the price frequently. Just forget about it and hold it for a few years. If you check it all the time you will lose sight of the bigger picture, get stressed about short and mid term fluctuations and panic sell losing half of your initial investment.

Not that I believe you're a woman, but that's what everyone who is mildly intelligent knows he has to do to get rich off of crypto. Swing trading sounds good when things are great and everyone's bragging of all the money they made but a few bad trades or a couple of bad months and you lose the gains of a whole year, don't do it. Picture for reference: some guys swing traded link for a long time (years even), just to lose all their progress by not holding in the most critical and unexpected moment.

Time in the market > Timing the market

>dopamine running low
>curtains closed
>vitamin d depleted
>feeling the depression coming on
>"w-we're going to be rich a-arent we??"
>breathe a sigh of relief
>other anons are reassuring you you're going to make it
>ten minutes pass
>the feeling has worn off
>time to make another thread
>"link price prediction thread"
>yeah that's nice... look at all those numbers
>put all the posted numbers and multiply them with your stack
>haha wow, thats a lot of money
>imagine what all you could do with that money
>maybe i'll finally have sex...
>sun peeks through the curtains
>you hear your parents waking up
>hehe, fucking wagies
>the depression comes back
>the dopamine rushes dont last as long as they used to
>time to make another thread
>"is 300 link enough to make it?"

>>15076872
My calculations say you'd need a 33.33x, or a 3333.33% in boomer mathematics.

Which could've been pretty easy to achieve if you had went all in during the year or so that LINK was at the 20-40 cent range and the whole board was telling everyone to buy and why. I am above a 6x right now and will go even higher after September. You can still get in, I doubt it's going much lower before the next rally.

Oh, and don't ever EVER sell. Picture related.

>>14029393
>>14029687
>>14029810
>>14030091

>>13890361
Based.

Many people will only realise you are right once it’s too late. They think they are outsmarting everyone but really they are fools. Pic related

>>13892534
If you are right that it will dump on mainnet then absolute best case scenario is it drops like 30% to $0.9 or so. Worst case for you scenario is significant partnerships are announced and the singularity happens in which case you would be lucky to get links for under $2.

If you have been following this project you will know how many plausible breadcrumbs there are. If just one of these is confirmed the price will shoot up immensely in an instant.

Upside massively outweighs the downside here but there are always people who think they can outsmart everyone else by trading

>>13832095