/biz/ - Business & Finance

Looking for a Chinese energy company flying under the radar - any suggestions?

Well guys, perfect time to buy some stonks.
what do you think about a >$10 Chainlink buy?

Fellow biz gents, need help. Me dumb.
Need an exit plan.

Been in crypto since 2016, got burned in 2017 and 2018, learned my lessons. Hodl, specially with altcoins is not worth it. Better sell when it gets euphoric at regular intervals, say when we double past ath in btc or whatever your personal metric is, and buy again after a few years, in order to maximize your stash.

Been doing great lately with me linkies, stinkies and whatnot. Have confidence m8.

I don't wanna cash out into my bank account because reasons... I'd prefer a stable coin, don't need the money right now, want to keep making it grow for 10 years or whatever, but then again, tether is not audited by external entities, and binance does whatever it wants.

My objective is cashing out if my portfolio reaches 500k usd or more during the bullrun. If it's like last time, it won't be a period longer than 10 days.

Prerogative:
- Be able to cash out 500k usd in a stable coin that can survive in a wallet for which I own the keys, in order to rebuy btc down the road in a 2, 3, or maybe 4 year period, before the next halvening.

Currently I'm looking at DAI and SAI, using uniswap, but liquidity may not be all that good when I need it wihout much slipage. Also SAI is said to be ultimately not at all decesntralized as some guy of the foundation has a multisig account with all privileges.

Ultimately I may be forced to use USDT if DAI doesn't have enough liquidity.

Do you have an exit plan?

Does anyone here actually fully understand cryptocurrencies and know exactly what the fuck they're doing?

Or are you just buying into the hype while calling others pajeets?