/biz/ - Business & Finance

>>19347019
Post your folio fren. I'll tell u if u gonna make it

>>19347019
you fell for the hodl meme. crypto isn't buy and forget anymore anon.

>>19347047
100% link
>inb4 just wait a few months bro this shit is gonna pump 100000% haven't you seen all the partnerships and developments and everything? its happening tonight bro dont give up!!!!

>decide to do some shitcoin “investing”
>lost $600 with BUIDL and with selling ESH at a loss
>made $300 with statera yesterday
Fuck me man.

>>19347060
then its just a fucked up casino where mostly the whales win and everyone else loses

are you gonna make it dude?

>>19347019
>its been almost 3 years
>and its pump wasnt enough to make it
>what am I doing wrong
You're holding things long term.
The people who made it in the 2017 bull run weren't the holders.

Things happened like DNET becoming PIVX and doing a x100, or XRP going from 1000 sats to over 20k sats, or ETH going from $15 to over $1000, or XRB pumping when it became NANO, or ANS becoming NEO, etc.

If you sat in one coin and held it all the way, you'd have ridden the pump... then rode it all the way down to -90% from ATH.

The ones who made it sold high.
If you didn't sell LINK above $4, then wtf are you doing?

>>19347067
100% Chad
You WILL make it fren. We all will make it. Don't underestimate the power of positive thought, WE ARE ALL IN THIS TOGETHER!
But seriously chainlink and smartcontracts will see integration into defi and adoption later this year. Till then it's probably going to keep crabbing, also take into account that this is a clown world and market. Keep holding fren, you WILL make it!

>>19347019
>>19347060
DCA + HODL BTC was and continues to be the best performing asset of the past decade.
OP:
You won't get rich through investing alone (shock to Biz).
Again, you won't get rich through investing.

You get rich by:
1) Increasing job/biz income
2) DCA investing
3) Multiple streams of income
4) Eliminating FOMO mindset

That's how I did it. It took 10 years.

>>19347207
Im unable to get my hopes up again
this shit scene is not advancing at all
nothing is fucking happening
everything is shit and a letdown

>>19347207
Said the cult apprentice to the new joiner

>>19347298
Could you post your method and which businesses you own?

>>19347067
What’s 100% in link? 10k link? 50k? 100k? 200k?

>>19348254
10k link

>>19347019

You've been in this since 2016 and you haven't:
1. Diversified to between 16-22 assets.
2. Done your own fundamental research so those assets as success-prone as possible.
3. Evenly allocated those assets.
4. Set up threshold rebalancing for your portfolio based on the exchanges fees and liquidity.
5. Force yourself to stick to maker trades to reduce fees.
6. Dollar Cost Average in weekly.

I think the problem is you are lazy and stupid.

>>19347019
RSR is your only hope now faggot

>>19347298
>Eliminating FOMO mindset
this. Also, eliminating your own ego. my first crypto purchase was BTC in the recent dip to 5k, I also bought LINK at $2. i made good money from my base invesemtent and i felt like I'm an invenstmeng genius then I used 2/3rds of my gains it and put it into shitcoins and lost it. don't buy shitcoins. Link is the way to go. I still made money at the end of the day but I'm not taking anymore unnescessary risk and buying anything with a nonexistant market volume.

>>19348284
brah link did this in a bear market, just wait till next bull run and we gunna make it my nigger. yeah it might take one more year but you should of known link is a long term hold and been working on your life on the side while accumulating more links.

>>19348284
I wouldn’t be too bummed, none of the og link marines have made it from link yet, except maybe that Eastern European guy with 1M link, but even still $4,000,000 isn’t exactly fuck you money. The silver lining is at least you’re still up significantly in your initial investment, there are plenty of dipshits on this image board who bought eth early and are still down or even.

>>19348284
this fucking guy.....

>>19347019
Patience is the only skill that matters

>>19347019
>>19347094
>>19348284
>>19348290
Use data.
Diversification: https://blog.shrimpy.io/blog/crypto-users-who-diversify-perform-better

Equal Allocation: https://blog.shrimpy.io/blog/optimizing-asset-distribution-for-cryptocurrency-rebalancing

Proper Thresholds per exchange: https://blog.shrimpy.io/blog/a-comparison-of-rebalancing-strategies-for-cryptocurrency-portfolios

>>19347019
2011 fren

Spent it all on anabolic steroids... I could have been a millionaire

>>19348469
4M is definitely close to fuck you money in the west (you should be clearing 80k annually above inflation with marginal risk) but especially in eastern europe it should be fuck you money

>>19348851
I live in a pretty shitty part of yurop too so even 10% of that would be enough for me to kind of make it, just $400,000...

>>19348284
better not sell that until it hit triple digits. Also be prepared for 1 dollar link before that. if you capitulate, you deserve not to make it

>>19347019
your not supposed to just hold. Your supposed to buy and sell you fucking moron

>>19348967
>just in the last 12 months it had a 70%, a 50% and a 72% drop
>we still need a 75% bleed before it can really moon!
where the fuck is the logic in this kind of thinking, if this shit hits $1 again then its fucking over for it, for real

>>19349050
stop being dumb euronigger. you think the whales youre talking about dont want to catch some link at $1? look at what CZ did in the recent market crash. youre suppose to be riding the wave with them. why arent you accumulating more? have you even been looking at the total holdings of top wallets? are they going up or down? i guess youll never know because youre too busy being a depressed eurofag.

>been in crypto since 2016
>still holding alts
>still thinks there is such a thing as "crypto"
>"why im not making it?"

>>19348336
>don't buy shitcoins.
>Link is the way to go.

>>19347019
stay strong fren, 2021 EOY t. jan 2018 linkie

>>19347019
OP you did more than x10 in 4 years, that's way better than the average investor. It is just that you did not have enough starting capital.

Don't give up OP

>>19350242
This desu, also no point thinking about what you should or could of done, fact remains we are killing it verus legacy

>>19350242
I need another x10 or I'm kill

>>19350788
1.5 years

>>19350788
Fuck you pussy ass bitch faggot. You got $10k link that's almost $40k and you are complaining like a little bitch ass faggot. I barely got 3k stinks and I KNOW I am going to fucking make it. Why? Because I'm not a limp wrist soiboi pussy faggot like you. You should sell now cause link ain't going x10. It's going x1000 motherfucker

>>19351107
dubs checked and this

>>19351107
>he took the time to type that

>>19348469
>even still $4,000,000 isn’t exactly fuck you money
Fuck you money isn't about driving lambos and sailing yachts, it just means you're not beholden to shekelberg anymore. $1M properly managed can do that. Hell, $500k can do that if you really want to go full shoestring.

Can only one of you coinshillers answer me this simple question: What makes you believe that only one out of these hundreds of equal privately created datachains not accepted by the public as means of payment and already inflated by early "investors" would be good place to put your money? Nothing wrong with speculating, but do you honestly believe in some kind of crypto breakthrough where the masses want to buy one of your datablocks you bought for cents with lots of money to be able to use the coin in an economic cycle??

>>19352900
you have 0 idea what chainlink network is, for starters
you probably think everything is a bitcoin clone, and tries to serve the same purpose
also you think a project can only moon if "masses buy in", false again

>>19353283
That's good, you give real arguments. And it's true that i don't have deeper knowledge on cryptos. Although i know they are technically different with chainlink said to be one of the more advanced (i read sth with alphabet being interested). I don't doubt that there are legit purposes for the blockchain technology, but only the purpose of a wealth asset / payment would make it an investment case to earn money, and i doubt that alphabet would pay you to have your sophisticated token when it's basically about the program / structure Of it. So far i see no real argument to invest other than speculation (eg cryptos going up on rumors).
I'm open minded and i like to see the other side of things, but with crypto as investment, i think it's a meme mainly based on the stories of teenage bitcoin millionaires (which really happened before 2017, no question)

>>19353494
read the original whitepaper of link

>>19353512
It shows its great technical features. And again: I don't argue that the technology is useful for a wide range of applications eg land register entries, financial transactions and so on. But it's about the structure or the technology, not about these specific chainlinks you bought and that were mined. The biggest thing that could happen would be that the developers have some patent on it and get paid, but i can't understand why already created cryptos should be bought by someone for using them in some application. Can someone enlighten me?

It's not to late to buy 0xMR

>>19354285
A general question, not only to you:
What is the justification to buy already mined node operator's / miner's incentive tokens? Ffs people need to understand that blockchain is a technology, not some asset that will moon and where people desire to own certain tokens in the future. It's about the network, the structure and the technology. When you habe patents on it or you work in a cryptolab, than you will profit. But no one will pay you anything in the future for the various tokens you are buying up. Give me a reason coinshillers.

>>19353808
the tokenomics are clearly explained, yet you seem to miss the whole point of the oracle network

>>19347019
in 2016 were you full trading/researching/investing?

if yes then you're retarded, crypto isn't a scam - you are probably just low IQ/low jew genes and don't deserve to be rich