/biz/ - Business & Finance

Epic thread; put me in the screenshot.

>>21414432
>realize enough profits to recoup your initial stake plus interest when you can do so by liquidating less than 10% of your stack at market price
I just realized that I did that.
>$900 in to buy 30 eth @ $10
>hodl for a year
>$27,000 out selling 30 eth @ $300
>$27,000 in buying 20,000 link @ $0.39
>hodl for three years
>$9,000 out selling 1,000 link @ $9.00

...I then proceeded to cash out $70,000 more at each ever higher new ATH, exited my link position entirely (on the exchange; I still have 11,111.99999999 link in my offline paper wallet only for staking never selling), went to bed, woke up to link $2 higher than last night, fomo'd all the way back in (losing $20k/2,000 link) in the process, but fuck it, I'm still far ahead of any nulinkers.

I learned my lessons:
>take profits when the taking is good
>limit the profits you take
>don't fomo back in and lose profits

...that said, I'm buying back in *if* it ever goes below $10 again.
>protip: it's never going to be under $15 ever again
Go ahead and check.

>>21376939
I held, then I panic sold, then the price spiked up +$2 with no sign of retreat so I fomo'd back in higher than I'd taken profits in order to not miss the moon mission (I hold much more LINK offline), then I remembered when LINK went down to $0.17, so I just converted 2k LINK into 3 BTC while @ $17.50, and now I'm waiting to see which $35k stack (BTC or LINK) moves the least.

I'll just live for free off the $40k I'll've taken in profits this year.

I still hodl plenty; here's my latest withdrawal from CB to my paper wallet.

I just removed over a thousand LINK to my paper wallet, bringing me to a total of 11,111.99999999 LINK offline in cold storage for eventual staking and never selling.

Take some of your LINK off the exchanges and remove them to your offline paper wallets like I just did; starve the exchanges of liquid LINK and the parabolic trend will become nearly vertical again.

Let's all help create scarcity to multiply these pumps by pulling out of the exchanges; I'll start.

>t. link jesus