/biz/ - Business & Finance

nearly identical to the one I had for my 40k stack. But I blew my load early and only have 25k left now.

>>14461082
Everything after $14.29 is utterly meaningless. If lucky that's where it'll peak, but that's unlikely.

You idiots really think this will be the next bitcoin

>>14461137
LINK is literally the next evolution of crypto. If you STILL do not understand this, you are beyond hope.

>>14461082
Totally cool but you gotta keep a few thousand for staking

>>14461082
>>14461110
Selling your stacks. Not gonna make it.

>>14461182
i dont think I'm smart enough for that to be honest

>>14461185
I learned my lesson from 2017. not gonna make the same mistake twice even if LINK really is the god coin we purport it to be

>>14461220
Learned helplessness, not gonna make it. The whales appreciate your sacrifice and LINK

>>14461082
Hey anon
I have a framework for this if youre interested
Will take a few mins to put in table format if youll be around

>>14461082
Its pretty good, but I have a great career already and have 77k linkies. I'm waiting for $100 before I sell

you will probably be bagholding for another year then

>>14461742
that would be awesome bro, I'm keen to see how other people structure their exits

>>14461082
I'm very late but have 10k to invest into LINK, is it pointless to do so or will it rise even higher?

>>14461814
OK i gotcha 30 mins

>>14461818
You'll be buying into a 50+% pump if you buy now. Just saying.

>>14461892

>>14461839
OK here is generally how I structure things
To be clear this is for early/emerging assets and asset classes only, anything with established algorithms this is not applicable

>>14462396
This is some good info. Based on what we know about the CL team, I'm guessing LINK falls into either the first or fifth category right?

One thing I really dont understand though is the Time based exit mentioned in category 5. Would it not make sense to ladder sell orders only based on price given this market's volatility and the fact that a project could remain relatively stable for significant periods of time, only to explode/crash suddenly?

I keep hearing people say "start exiting 1-5% every month or quarter" and I feel like I'm missing some important info as to why they'd do that.

>>14462750
Link is row 1
No other asset to my knowledge represents assetized trust for use in a smart contract economy

For row 5 the major question is whether the asset class leader will outpace inevitable increasing competition in their space. An example of a company that did this is microsoft; an example of a company that did not do this is myspace
The killer there is that you don't want to not be selling when buy pressure exists on the asset class regardless of the actual quality of the end product. If you accidentally sell 30% of your stack too early and you happened to hit a microsoft or google, who cares you're still filthy rich. If you forgot to sell during mania for social media platforms and happened to get scooped, you end up the eternal bagholder.

>>14461976
>it'll go up forever!!1

>>14461167
You're not a programmer, you're the one who doesn't understand. Any programmer can easily take a look at Chainlink and see how it's not decentralized and will never be with current design and white paper.

kys brainlet.

>>14461082
I'm going to be selling a few LINK soon to pay for a few things, but I don't plan on making a legit "cashing out" sale until we're in the triple digits; at least $100 USD, but probably around $200-$400 USD.

I'd recommend:
>sell 5k at $100 USD
>sell 5k at $250+ USD
>sell 5k at $500+ USD
>keep 4k to stake perpetually (look into LP. Down the road 0.20 LP could be enough to stake this amount. This will give you a nice stream of passive income that will likely be thousands every month)
>keep 1k for $1000

>>14463062
you dont even need to be a programmer. it's 65% premined. centralized from day one.

>>14462396
>>14462750
>>14462946
If link is row 1, pls explain exist strategy for a brainlet - it's price dependent? As in set an exit price say n link @ $20 and stick to it?

>>14461082

>$1000
>$350 //billion// market cap

>fell for a cash out meme
kek

>>14461167
>muh "decentralized" KYC oracles
>next evolution of crypto

Holy shit this space is literally just all hype and speculation nothing more

>>14463257

why the fuck not?

>>14463170
It means that you should set exits based on both time and price eg
bought 2017
start selling jan 2019 1% of stack monthly or start selling $3 1% monthly etc to 10% whichever comes later

>>14461082
sure
your shaky hands will help me

>>14463649
how would you structure this with link?

>>14461167
Dont bother. These are the same people that laughed at btc back in 2013.

Ridicule ETH back in 2015.

Why do you think they’re still in poverty? Because they are literal brainlets.

These dumasses wouldn’t know BTC and ETH @ $15 if it fucked them in their gaping assholes.

>>14461167
>>14463906
based.
don't expend energy trying to convert those with their head in the sand.
all that happens is negativity is farmed from you
all energy into positivity
these are important times friends

>>14461082
How do NZfrens cash out their crypto?

t.Ausfag

>>14463649
Can you tell me where smart high level discussion about link happens. I rely on biz but clearly there did so much chaff just want the wheat

>>14464099
https://www.fullstack.com.au/crypto-tax-returns/

>>14464118
plenty of high level/technical discussion about nodes etc in the unofficial discord, few team members there too