/biz/ - Business & Finance

>>20150008
God bless anon

400k link? Thats ma boy. Get in at ICO?

>>20150008
too bad we wont see any money until staking. oh well

>>20150043
I have 100k LINK so I will be waiting a little longer than you, but I feel the same. I owe all my generational wealth to this board, all the bullshit to sift through and all the memes, so worth it

Biz is a gold mine if you lurk long enough

Congrats anon.

Truly happy for you. Use it wisely.

>only 23k link
>Could have had so much mofe

Congrats anons, I'll be patient

>>20150008
im 206k link.
I earn 30k per year and now hold over a million dollars in link. No larp, I should probably sell at this point but I feel like if I can't a life without having to wagecuck. what even is the point in selling here

>>20150008
LARP, But hey I guess it’s possible.

>>20150008
fucking A man, congrats

>>20150124
if I can't live a life. sorry. typing like a retard out of excitement

>>20150008
Nice fren. I‘m happy for you :)

>>20150124
got ~190k & I don't plan on selling till 100. that means I'm going to be holding when I've got over 10mil sitting in link. this is what real iron hands is

>>20150124
Assuming that's long term gains you're at almost a million after taxes. What makes you think you can't live off of that? Do some research on FIRE. Congrats!

>>20150008
You're finally free from wage slavery, congrats anon! I hope to be where you are someday :)

>>20150124
dude don't be a fucking retard at least sell 6k

>>20150124
Are you serious? Why not sell fucking 16k? You’ll still have fucking 190k link. Which is more than basically everyone and have some fun and dick around?

I mean what are your selling points?

>>20150008
Damn, you fucking made it. Grats.

>>20150008
please tell us how easy it is to cash out

>>20150124
don't listen to everyone else anon. Don't sell a single fucking token. If you have 200k tokens the cashflow you'll earn from staking will be absurd, maybe a million or two per year in passive income. You're fucking set bro.

>>20150008
>>20150124
> doesn't post proof
> suddenly a millionaire
Lowkey demoralization thread

>>20150238
It’s just stupid. Pure stupidity. You have so much link that you HAVE to factor in the entire thing collapsing as far as selling goes. If I was you link at 50$ I’d sell 20k and lock in 1 million dollars. Maybe even 25k to you have 1 million after taxes... and you still have more link than 99.9%.

You need to realize that a certain point the extra few million doesn’t matter. If link goes to 1,000? You aren’t going to care that you no have 165 million versus 190 million.

You need to play defense with the stack size you have and pretend it can all collapse and shave off 10% at 50$ or so to lock in enough where you can at the very least coast as a NEET for a long time if it all goes to hell

>>20150008
doesn't count if you don't sell anon. good for you but make that shit into real money

>>20150708
This.

>>20150008
You probably had already made it prior to ever getting into LINK if you gained that much.

>>20150708
do you even own a stack? Do you even know WHY we say never selling? You're just another broke retard telling people who were wise enough to invest early what they ought to do with their money.

I sold at 3.98

>>20150836
How many?

>>20150008
fuck you nigga. I only have 300K link left from my 350K.

>>20150811
I’m the AK-47 ran out of gas fag from early 2018. Chances are I’ve got more than you or in the same vicinity of you if you were around back then.

I’m giving the kid advice. His stack is enormous. You HAVE to play defense with that kind of stack especially given then world we are in right now. You don’t know what the fuck can happen.

>>20150852
2000

>>20150708
you're not going to make it with that attitude. how exactly will link collapse if that's what you're worried about? i get what you're saying, but I already don't need to wage so I don't NEED to sell at any time. there is a massive difference between selling 10k @ 50 and 10k @ 100. like 500k difference. I believe link will hit 100 so why sell if I don't need to? if YOU don't think it will hit 100 by all means sell what you need to but you'll regret it. just look at BTC ffs

all those larpers not showing folio

>>20150991
I think link will go far further than 100$. And I’m not worried much at all that link will collapse. All I’m saying is with the amount of link you have you need to PRETEND it can all collapse. At 50$ you will have 10million dollars. If you shave off 10% you have 1 million in the bank and still have more link than everyone else. And if it all collapses.... your still fairly golden. Look how crazy the world is, if a nuke went off somewhere I wouldn’t be surprised at all. And that would crash everything. I’m giving you advice to be smart.

If something bad happens and you had a chance to sell a small % of your stack and be comfy and the whole thing collapses you’ll be like the ETH guy who sold but on the opposite end of the spectrum

So glad I bought on a whim after reading some shill thread on link back in 2017.

Grabbed 10000.

I was here when link got shilled so fucking hard, and I was struggling days when it dropped to around 20cents... i didn‘t bought link and just feel so fucking empty... my wife always asks me about our crypto and I cant tell her that I‘m literally in minus because I was so fucking degenerate that I fell for scams like req and shit... Not buying link was my biggest regret and sometimes I‘m dreaming that I tell my wife I bought that 20k link stack so we could now afford the credit for our house and our 2 little boys.... I’m to afraid to buy into link now...you guys were the saviors, I didn‘t listen to you frens, thats why I deserve waging and only seeing my 2 small kids for 3 hours a day... fml

>>20150957
I got in in 2017 and have seen the waves of oldfags stop posting because no one listens to them
>>20150991
This. Although i think its going to $1k easy. All the talk about laddering out of your position is from people who FUNDAMENTALLY don't understand what they're invested in. Link is a dividend stock. Its a passive income investment. We're so early even at $5 because staking isn't even live yet. Link buybacks haven't occured yet. the staking reward market doesn't exist yet.

We're still in the pure speculation phase, and that slingshot from 5 to 5.50 was the start of a new leg of price discovery. We could hit $7 this week easy.

>>20150008
You're welcome.

>>20150008
I love you too man
I love you all

>>20151189
just DCA in. there is still time. if you get a few hundred and start staking, you'll at least be able to use the rewards to pay off your monthly mortgage.

>>20151138
Like I would ever take advice from someone who doesn't know the difference between your and you're. Never selling.

>>20151189
I guess one option is to take equity out of your home to buy in if you truly, truly feel the need.

I mean, people probably felt the same way when google was $5. Look where that's at now.

>>20150484
>>20150496
this is why you guys don't have 200k LINK and he does
Hands of steel, balls of steel.
Congraz OP

>>20151363
there was a faggot on this board that said he was going to refinance his condo and dump it into link when it was 20 cents. God i hope he did.

>>20151452
Having 200k link has nothing to do with having hands of steel

>>20150653
If you are jealous that's your problem. Have some grace

>>20150008
i swung just before this moon, think there's a chance it'll go down to 4 briefly again?

>>20151452
there isn't even a desire to sell when you truly understand, and linklets never will.

t. colonel

>>20151205
What do you mean

>>20151584
$4? Probably. Less than $4? Probably not

>tfw first saw link shilled at $0.3 and bought just $100 worth for shits and giggles.

and here come the larping demoralization posts. kys

>>20151452
Your just a retarded little faggot. I’m happy he has so much so I’m trying to get it thru his thick skull he needs to think about protecting it in event something bad we’re to happen. If I have 100k and it collapses no big deal. If he has 10 million and it collapses he will kill him self

yeah man, I have 650k and it feels crazy! hahah

I have one billion link, don't believe me? Your jealous

>>20151628
what do you mean what do i mean? Link is a passive income investment. Go read the whitepaper agai- i mean for the first time.:https://link.smartcontract.com/whitepaper

>>20151685
will u consider streaming your suicide on biz?

>>20151685
at least you got a suicide stack

>>20151863
Talk to me about link buybacks? Should this happen?

>>20150082
Yup. As long as you arent a norman. Pic related.

>>20151524
>>20151710
so seething he had to make 2 replies

>>20150075
What is your exit strategy kind anon? Are you going to ladder your sells, or are you confident in waiting for a ‘magic’ number?

>>20150144
Checked...at what price do you sell?
t. 120k link

>>20150008
GOD BLESS YOU ANON GOD BLESS YOU MY HEART IS JUMPING THIS ISNT IRONY BRO IM EUPHORIC FOR MYSELF AS WELL MY GAINS HAVE BEEN LARGE AND MY COCK HAS BEEN PUMPING BRO

>>20150990
How many do you have left...

>>20152108
i think its possible. There are something like 700 million tokens that the company is holding in reserve to pay out staking rewards, and also to give to major stakeholders for market making purposes.

Think about the timeline over a decade or so. You could see link rewards attenuate into fractions of a link as the total pool the company holds diminishes. As the company's link holdings approach zero, or even before that, they may make the decision to buyback some of tokens on the open market in order to maintain the company's holdings as a certain fraction of total link in perpetuity. There could be many reasons to do so, such as maintaining control over the market with, with the ability to dump tokens to lower the price or buy it back to increase the price to the level that is most healthy for the network. I think it's reasonable to expect the company to take actions like that.

>>20152203
What are you talking about? I’m comfy with 25k link.

>>20150124
I had the same thought in 2017 when all my shitcoins total up ~2mil. I didn't sell and lost 95% value. So yeah. the pain is real when you ended up bagholding. So sell some at least.

>>20152664
Bingo this is all I’m saying in my posts above

Imagine having 2 million and not shaving off 300k. Imagine having 2 million and then not shaving off 300k when it went back down to 1 million.

>>20152612
>>20152797
seethe

>>20150008
Remember to long them on Phemex with 20x leverage...no kyc and supports credit card too

>>20151550
I'm not jealous, I just dont believe them if they don't provide proof, other wise I'm sergey fuckin nazarov and I own 100 million chainlink.

>>20150124
>what even is the point in selling here
Link has consistently broken aths in a bear market. There are very few coins in the top 50 that have done that. If Link made it to $5 it can make it to $10 and $50 and $100 and so on. Just hold anon, you are so close.

Hm

>>20152797
Link is suppose to be an all or nothing investment. It either fails or succeeds, if it succeeds there no fucking point of selling it cause you’ll get passive income.

>>20153931
What if you only have 1k. They you have to be ready to sell some off

i noticed that it always drops around here on the six hour chart

it's gonna drop somewhere around 4.80

>>20150124
>what even is the point in selling here
Time. You only have so much time to live. Selling the equivalent of 30k in order to quit and not work for the next year would be great. You will have so much money in the future it would be ridiculous to look back and think you worked an extra 6-12 months in a shit job for no reason.

I'm never selling, I'm not memeing.
I'll be staking my entire stack for a passive income.

I don't understand why anyone would sell.
>OG but not OG whale.

>>20153951
>around here
around where?

>>20153948
What if you can get $50 per each LINk per year? That $500k in passive income...

>>20153977

where the white arrow is

>>20150008
Bless you anon, sir. Friendly reminder to use your outrageous future wealth to battle the Saturn worshipping death cult that has ruled the world for millenia.

T. 30k Captain stacklet.

>>20153885
You had 3 years and you still have a <100k link poverty stack....

>>20153931
>if it succeeds there no fucking point of selling
If it succeeds in a years time he has spent a year doing a shit job when he could sell a fraction and chill. If it fails he gets to have a years break and then get back to the grind. Unless he has a super comfy job.. why not?

>>20150008
This thread is still up, you dumb fucks really thought I'd keep $2,000,000 in a fucking shitcoin?

Are you shitting me poor shitters?

>>20153979
Fuck wrong math but that 50k passive income for a 1k stacker. I do think LINK is worth more though if the team does what we think it does.

>>20153953
>in order to quit and not work for the next year
then spend the last half of that year trying to find another job in a shit market
stop looking for instant gratification, work till you NEVER have to work again

>>20150008
Bless you anon, sir.
Friendly reminder to use your future wealth to battle the Saturn worshipping death cult who has enslaved the world for millenia.

T. Link Marine Captain stacklet

Too bad you can't sell imaginary internet chuck e cheese tokens for real money lol

You see the difference between Chainlink and shitcoins, is that Chainlink is not a shitcoin, but a shitcoin is a shitcoin. Quite simple really.

>>20154019
LINK has made a lot of us millionaires
we got in the ICO at $0.14

>>20154016
It all depends on you’re outlook. I can stand my job. I’m not gonna sell until it hits a very high price point. I’d rather stake and let it supplement my income. Plus i still get health insurance and other benfits.

>>20153931
when they say link is all or nothing they mean you either lose it all or end up with nothing

>>20152458
They only have to keep 10-100M Links for staking.
The staking income would pay all the future development costs...
If staking has enough use Sergey may even stop making his 500k dumps and pay his developers with his staking income only.
This would further increase Link's scarcity which he is currently suppressing with his 1 million monthly dump.

>>20153997
D:

>>20152664
I sold 6 BTC at 15k, and a bunch of ETH at 1k, and then after figuring out taxes from all the trading, I wound up owing almost all of the $150k I banked.

>>20154255
Didn’t people say buying and holding often beats active trading? Resetting basis fucking sucks.

>>20154031
Coinbase, keep being a seething nolinker.

>>20154303
I’ve become a spreadsheet wizard in the aftermath. And also making fewer trades.

>>20154345
You know you can deduct losses right? The amount you're up at the year end is your gaim

>>20154394
Losses have a small cap, it like $4k max I believe burger laws.

>>20154255
How much trading did you have to do to end up owing 150k?

>>20154031
I remember this fud.
Thanks for the smile anon.

>>20154062
Just checked and if I add all my assets I now have around $900k.
Still haven't decided what I should do to the day I reach 1 million to celebrate reaching my first life goal after having recovered from the lowest point of my life.

>>20154410
Ghey

>>20150496
Anon probably bragged when we hit $2 and some retard was telling him to take a little of the table for some fun.

>>20150708
This and when it dips (like everything does) you can recoup some of the stack. Reserve 20-30% of what you take out for exactly this reason. Unless you already have a make-it/no need to wahe bank account, it's smart to take a little profit during a short peak and but back when it dips

>>20154420
I did some re-balancing during the late 2017 run up and realized a lot of capital gains, mostly from buying ETH under $20.

>>20150008
Congrats and don't forget about the rest of us. Send us positive energies OP.

>>20152664
Same here. $1.5 mill at top, thought I would get to $10 mill easily. Down 99% now. Fucking reading these link threads is depressing as fuck. Of course the one fucking shitcoin I don't buy kek

>>20151236
Eric holder lied

>>20154023
>stop looking for instant gratification, work till you NEVER have to work again
Good goy stay in your wagecage. You are spending time, it is the only resource that is limited. With 200k he never needs to work again at some point, but he can also never work again right now. Pretty simple.

>>20154508
Dollar cost average is a valid exit strategy.
It is also wise to set goals. It’s great to cash out at the top, but there’s also some satisfaction in reaching a target, even if the price goes higher later.

>>20154551
>$1.5 mill at top, thought I would get to $10 mill easily. Down 99% now

Brutal, you could've bought an apartment building with that 1.5 mil and lived your life as a NEET making 100k a year from rent.

>>20154212
Ah yes, I see you are an OG as well

>>20154638
we're here forever fren

I only bought 5 LINK and I still feel okay about it.

>start lurking biz during market crash
>see the cryptomemes
>link has an ex pornstar portfolio manager

>>20150008
Nice bro, hope we can all have this feel in a couple years. Although I'm an 8K linklet myself

218k anon, never selling.

Life is good. Have faith in the turbochads who worked this all out years ago and who have been proven so so right.

>>20154062
Fucking /pol/ man. Wasted my time there in 2017 although it helped redpill me. Got in late but going to make it with XSN and my small (but growing) Link stack

very based i have only 10k , not selling !

>>20153931
Holy fuck are you black or just stupid? Your making my entire point for me you worthless nigger. He already has 2 million dollars. If link goes to 50$ he has 10 million. Then what if it fucking fails and he didn’t take out any. He’s be fucked.

It could end up going to 50$ before it fails. Then it fails and he didn’t cash out any.

Imagine bagging groceries wage cucking and you have 10 million dollars and not selling 1 or 2 million in case it does fail

It’s already at 5$ right now and we don’t know if it will succeed it can easily 10x before it ends up potentially failing

>>20154255
Christ if you wound up owing almost as much as you made you should have paid someone to do your taxes for you>>20154255

>>20154975
You’re a fucking idiot. Pol is for the shitiest retards on the planet. Instead of being here making money they were talking about maga shit that nobody gives a fuck about. Serves you right

>>20154975
>/pol/
Ngmi

>>20155370
dude shut the fuck up. who the fuck are you? Do you know anon? No you're just some fucking retard who isn't gonna make it trying to tell others what to do with their money. fuck off you fkn nigger

>>20155850
Why wouldnt I? I've been in biz ever since. We all start somewhere faggot

>>20155370

It's a LARP as usual >>20154019

OP is just a salty retard that probably is all in on ETFs or BTC and can't stand knowing he's missing out on all these gains.

Will someone donate me some dollars I just wanna go build an isolated cabin in alaska with my wife

>>20150008
Congrats friend

>>20150124
Imma give serious advice, if you legit are in situation u say you are, and link crashes 90%, what will you do. You need to think honestly about this. An actual rich person thats made a few bucks and is not a degenerate would tell you to sell half, pay the tax, and buy faang.

>>20150124
Congrats dude. But consider taking some money off the tables.. Chainlink/ crypto could easily drop 50% or 75% and never recover. I'm not even trying to fud. I was in a very similar situation to you during the golden bull run and wish I would at least just have sold half..
$1MM is a shitton of money. If you lost most of it you would most likely never get it back until you're a literal 50 yo boomer (if that).

Either way, gl.

>>20157178
Please do what this anon is advising. Its the safe move

>>20154019
AHHAAHAHAHAHAHAHAHAHAHAHAHA

>>20150008
I know 1000 EOY and all, but keep this in mind. You already have enough to live the rest of your life in a good position.
https://www.youtube.com/watch?v=xdfeXqHFmPI

>>20154463
Congrats anon for the recovery, wish you the best

>>20154551
Holy shit this made me feel better as a iron hands fag who had nowhere near that much ATH

>>20158139
This. I received this advice at $405k and didn't listen. $630k two weeks later. And then slowly falling back down to sub $100k.

>>20150124
The only reason you got so many responses is because you are the only real bagholder around here. Sell before this shit hits zero cents again faggot don't be a fucking retard

LINK ACTUALLY TOUCHED ZERO CENTS NEVER FORGET

>>20150124

if you take several hundred thousand out you will still be able to benefit heavily if it moons and if it crashes you can probably live off the interest from the money you took out

in short: cash out half

The cheapest LINK was around $0.06 at ICO if I remember correctly. So OP spent a good $6k on it. Wonder what other shit ICOs did he buy? Most of us bought other ones, I dumped $1000 into like 8 different ICOs. Only one that succeeded is LINK and some other chink coin.

we are in this together regardless whether or not kek wills it

>>20151685
I bought $2000 worth at 20c and sold for 70c

>>20150124
You need to cash out at least half right now. That's over 500k. Lock it in.
Let the rest ride to 100.

>>20150008
It’ll take another couple years but this will be me one day. Congrats OP

>>20150124
>No larp, I should probably sell at this point but I feel like if I can't a life without having to wagecuck. what even is the point in selling here
This is our golden ticket anon. Don’t sell until you’re worth at least $10M. With that stack I’d be expected $50M+ easily desu

>>20157039
> buying FAAG
Do you think rich people tell people to buy FAAG? You’re a fucking FAAG.

You’re a FAAG Cuck for even suggesting selling LINK. On my board??

i had a prophetic dream last night of link, $7.00 end of week

Made a rotating sirgay cube, a price ticker will be added at bottom pm for if ur interested senpai can customize as needed ship only in murica payment in linkies
https://gifyu.com/image/QhDv

>>20150708
High IQ post. Don’t fuck yourselves up anons. We are all in this together, I want to see the anons with 200K stacks get rich as fuck but I also want you guys to make it even if shit goes to zero. For example what if covid mutates or another virus is released and the whole market crashes for like 10 years. You would at least have enough money to buy a house innawoods and wait things out.

>>20151189
This is sad to read. Why the fuck didn’t you research it? It was clear that this project was absolutely necessary for the entire blockchain space. I don’t know shit about tech but it just logically made so much sense.

>>20150708
Indeed, lots of anons gonna get fucked over by their delusional hopes. That's what happened in 2017, and will happen again.

Can I hav a link please
0x711A4ebd81C2702C116fA1AF0A0524D803ed1069

Congrats!
I’m also the 1% of link. 60k tokens.

What bear market????

>>20161037
FUCK YOU NICO YOU STUPID WHORE

>>20161166
:(

>>20150008
Am sure this played its part

>>20151685
This is literally what everyone who made it through Bitcoin did.

>>20154019

OP is a faggot, but this does make all the replies congratulating him pretty cringe.

Fucking get used to this type of post though. Not even larps. People are going to start becoming millionaires and posting proof and it's gonna be fucking wild.

Wow, this thread makes my 55k link stack feel so tiny... Lowkey I already blame myself how I could've gotten so much more but reading about those big stacks is something different

>>20155968
Spotted the racist. Hope your ass goes broke your kind.. ya know, bigots don't belong here.

>>20154019
Lmao

>>20161441
>ya know, bigots don't belong here
lel

fuck off nigger

>>20161410
It's just larp. 20k is already in the top 2000 of wallets.

>>20155968
He's not telling anyone what to do, he's only telling the smart thing to do. We all can hold forever and be on this board telling 'look at my big bag of money I don't own yet'. You OWN this only when you cash the fuck out.
Investment brings sell/buy goals. Otherwise it's a hold till you're in your grave.

>>20159853
Irrevocably based

>>20161359
God I wish you're right