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/biz/ - Business & Finance

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14551232 No.14551232 [Reply] [Original]

Should I sell my LINK?

I bought LINK at $2.50 average. I was lucky enough to have coinbase free up my funds before the real moon mission started. I am in a profit right now. I bought with most of my networth, which is only ~$10000. I need to use this money to do things like pay rent, food, entertainment etc. My question is should I just sell all of them now? I already feel like I should have sold, and I don't want this to go any lower. I certainly can't afford a loss. With BTC looking like it might crash, will LINK crash too? I see the last time LINK mooned, it lost 50%+ of its value, this time the upswing was more violent and I am worried this will be like 2017 and in a few weeks I'll have less than I put in..

Please no memes, I just want real financial advice.

>> No.14551251
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>> No.14551269
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>>14551232
Yes, sell it all.

Of course...you wont need to pay rent, food, entertainment when you KYS when it hits 50+ in September.

>> No.14551280
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>>14551232
Sirgay of Nazareth will cut you if you sell out

>> No.14551281

>>14551232
Sell to get your initial investment back if it's that much of a concern to you. You'll still have a good amount leftover and can even buy back if it dumped that hard. But you also wont have many chances to multiply your money this much so it's your call

>> No.14551284

Ask yourself not /biz/
However I used to sell my btc for $450 to pay rent back in the day.
I'm still happier with this decision that I would be if I lost my life savings.

>> No.14551309

>>14551232
Hahahaha
Haha
Just sell half, take a tidy profit, deal with the loss of a couple thou if it does crash, but still have a bag for when it doubles again next week?

>> No.14551338

>>14551232
Sell what you need to pay rent and buy food; keep the rest invested. Why the fuck are you gambling money you need in the first place?

>> No.14551425
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>>14551232
>Please no memes, I just want real financial advice.

>> No.14551445

>>14551425
This real financial advice you retard. Saged

>> No.14551458
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>>14551232

Ayyyeeee my nigga, cash out 100%, recoop your initial investment and put the remainder in LIT, we going to .50 tomorrow. You're welcome.

>> No.14551499

>>14551338
People told me it wasn't a gamble...

>> No.14551604

>>14551499
>People told me it wasn't a gamble...
it isn't over a years time, but it is if you'e buying/selling over just days/weeks

>> No.14551797

Well friends I have decided to set a stop loss at 2.85. I can't afford to go below that.