/biz/ - Business & Finance

>>21311764
be patient anon

>>21311764

Well OP you should make your next move depending on how bad you need the money

If you sell you should create some passive returns on your investments.

Start by reading poor dad rich dad and move on to The intelligent investor

Educate yourself

>>21311837
This is good advice

>>21311764
You did it bro

>>21311764
I could have few hundreds and I have none and I am shaking as well

Dear OP,

I also reached the 500k milestone recently. It is certainly a huge amount of money, but you have to be able to keep investing without the significance of the amount clouding your vision.

Another anon posted this pdf a couple of weeks ago. It helped me put everything into perspective. It might help you too.

https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html

>>21311764
cash out your initial investment at least. I'd say sell 20% and keep holding the rest.

>>21311764
>hasn't cashed out yet any profits
>think he's got half a mil
make it stack isn't worth shit until you press sell btw

>>21311764
At minimum make sure to have
1 LINKPOOL
10,000 LINK
32 ETH

Then become a digital landlord in the future.

Be patient my friend. 500K is a lot but not enough to quit waging for ever.

>>21311837
cringe

>>21311764
Link will hit $40 in December. Sell half of your link (I’m assuming 15K LINK) and stake the other half. That’s close to $1M US in your pocket and ride the rest. It will probably retrace to $20 in January and stay between $20-$50 until 2022.

>>21311764
You hold until $0 like all the other /biz/tards

>>21311837
I'm never selling. Years of hypnosis therapy from /biz/ anons have made my hands hard as diamonds. There is no such a thing as selling in my frame of reference

>>21311764
>Wtf should I do
I know what you SHOULDN'T do, and that's fucking selling.
Other than that, maybe go on a nice walk?
Tell your mom you love her?
Some push ups?

>>21311977
I comfort myself with this thought since I sold just under nine but it hurts seeing you guys keep climbing

>>21311764

Fucking hold, you haven't seen shit yet

>>21311764
Sell 25% and invest it wisely. This ponzi can fall at anytime so it is wise to take some profits. One tweet from Trump, one even small hack against Coinbase or Binance and you can have 200k less.

>>21311837
Does the intelligent investor still hold up today? Thought about picking up a copy and delving in but there's just too much literature to read today.

>>21311968
this

Peak euphoria. Consider taking profits.

>>21312013
I have 1 Linkpool too bro. I would never sell my Links for ethereum tho

>>21311764
Take it out now before your greed overwhelms you and you lose everything.

>>21312046
then just hold

>>21312026
>Ow no, real life wealth , nasty

>>21311764
HODL you fuck

>>21311764
Post Pic or stop larping dumbass

>>21311764
Consider what will happen when pic related fails. It could all vanish over night. If you're shaking now, I wouldn't want to see what you are like when it is gone.

>>21311764
>dont forget ta pay your taxes

>>21312100
It is great literature and financial education is the single most important part of any adult´s life.

>>21311764
You aint seen nothing yet.

>>21311764
Are you me? Dropped 12k on this shit and portfolio just hit half a mil

>>21311784

This. As someone with 0 chain link, just calm the fuck down and be patient. You’re going to easily have $5,000,000 in a year or so. When that happens, sell off $800,000 and sit on the rest

>>21311764
Sell before you lose it all and buy gold/real estate.

Cash out $100K
You can survive on $100K for a very long time even as a NEET. Treat it as massive security money for a rainy day.

>>21311837
>Start by reading poor dad rich dad and move on to The intelligent investor
>Educate yourself
suck my cock

>>21311977
cringe boomer advice

>>21311764
Just keep a stack big enough to make a killing if it goes to the moon. Withdraw the rest to buy a house/invest in something with passive returns.

Don't care still not selling. It's just getting started. Unironically going to 1000 in the next 5 years.

>>21312185
Fair enough, that's basically sold me.

>>21312070
based.

>>21311960
WTF I CLICKED THAT AND NOW ALL MY LINKIES ARE GONE AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>21312247
>$5M
>Sell only $800k sit on the rest
That is greedy af.

hope you never traded crypto to crypto and i hope you never daytraded
have fun with the taxman unless you live in a thrid world country

>>21312205

>>21312297
Wow I feel smartar aready

>>21312297

Ill leave that for your mom once she leaves my house boyo

>>21311764
I have half a mil too and it doesnt feel like anything. Its literally pennies feels like

>>21312263
100% good advice, except buy silver, not gold.

>>21311764
me too fren. just crossed $500k this morning. literally more than the combined net worth of the rest of my family.
>tfw half a mil in unrealized gains and $800 in checking acct

>>21311764
Congratulations fren, I’m genuinely really happy for you. We will all make it!

>>21311764
What you should do for the moment, is nothing
Absolutely fucking nothing
Aside from shitposting, that's the most important thing

>>21311764
don't sell, if you need money right now get another job temporarily. yw

>>21312435
Greed is good.

Thank you all, frens. I'm going for a walk and try to relax a little bit. I'm never selling and I love you all. We are all gonna make it

Hi everyone. IRS here. Please pay your taxes. Uncle Sam thanks you

>>21312100
Check out "the swedish investor" on YouTube. Summarizes many popular books on investing

>>21311764
Well OP I'm just 20yo and I breached the $300k net worth mark today. I'm from Eastern Europe as well so I "could" sell everything and put it into a fund that earns a solid 8% a year and get about €1800 which is slightly above the average wage in my country. Problem is I don't want to be average. I know Chainlink isn't near its potential at all. I could understand selling now when you have a stack worth $5m and you just can't wait for your "new" life to begin, but selling just for a measly $300k or $500k or even just a $1 million is being scared or being dumb or just being very old that you can't wait that 2 more years for INSANE amount of money which you wouldn't even have to cash out due to Chainlink's staking. Everyone here will suggest you to sell half or so to "lock in" some profits, but that's just being scared. The fact is Chainlink is CRUCIAL to the smartcontract economy and it's STILL under the radar for normal everyday people who definitely know about Bitcoin, have heard about XRP and Ethereum, but have absolutely no fucking idea what Chainlink is. When you sell LINK you are shorting Sergey Nazarov. Tell me another CEO who has been so calculated in the crypto space or even in the fucking world? The time to sell is not now OP when the crypto normans are waking up to decentralised oracles. Mark my words $10-$15 will be the new "rock solid" bottom like $1.5 was and we are going to $40 in the short term. Sell half then if you really have to, but make sure you keep half of that half to buy back in. Top wallets are accumulating while you are planning to sell. Ridiculous. Think big anon for Christ's sake.

>>21312046
leverage it for DeFi instead. Don't go nuts, keep it safe.

>>21311764
Also, you've achieved sudden wealth, I would suggest reading about lottery winners, as much as everyone" loves" reddit, there's a well regarded thread on there about that
https://np.reddit.com/r/AskReddit/comments/24vo34/whats_the_happiest_5word_sentence_you_could_hear/chb4v05/
I don't want to shit on your parade, I'm genuinely fucking happy for you
Just take it easy, there's a lot of shit out there and you don't need to experience it
Please find attached, picture of sexy frog

>>21312111
sage and redpill.
Here is the thing you need to really understand, which you can't right now cause you are in the throws of it. The hopelessly naive part of you believes it will keep going up. You need to be deeply rationale now and realize to a certainty that the odds of it going to zero are greater than the odds of it continuing to rise. This shit is insanely speculative.

>>21312046
You will lose it all

>>21312181
this.
For all sad words of tongue and pen, The saddest are these, 'I could have sold'

>>21312435
You only need $500k to live like a king in the 3rd world for the rest of your life.

>>21311764
Sell enough to cover your initial investment?

>>21312568
I have 2M net worth and unironically -3k in my checking account.

>>21311764
>$500k
>rich
oh sweet summer child..

>>21312828
Congrats, fren. We have still to see the Satoshi Nakamoto = Sergey Nazarov and staking pumps. Until then we are just in the speculative phase

>>21312968
Based and overdrawn pilled

>>21312932
absolute cringe

>>21312968
Thats my goal to retire i need link to hit 200 for that tho so might be a few years away unless btc starts moving

I keep panicking thinking a correction is coming...I'm late to the party. Bought 202, managed one dip to 213 went to 196 buy keeping the panic going.

>>21311764

SELL.

Reinvest into something less risky.

>>21312455
>t. nolinker
they seethe when they see massive link gains and play the taxman fud card everytime

staking and pooling are for fags and women, real men trade and run businesses

>>21311837
>start by reading rich gook poor gook

>>21311977
go tell that to bezos

>>21311764
Once again for you OP. The court cases are still in progress. Good luck.

>>21313512
Pic

>>21311764
you have nothing until you cash out

>>21313564
>2017
>they can't just keep printing more tether!

>>21313496
the second he presses sell his stock goes to shit and that's a fact cope or not

>>21313608
I never said they couldn't. They very much will keep printing more until they are shut down. When that happens, btc drops hard, Binance is gone, and linkies spam this board with pink wojaks.

>>21313253
i sold at 12 dollars and hold over 1k usdt but its useless i cant cash it out

>>21313940
100k*

>>21312568
i think you'd do well to diversify a lot of that. bout equally between amazon/microsoft/google/apple/tesla and you'll see gains forever.

>>21313741
>until they are shut down.
you seem to know the outcome of this court case

>>21313940
Whoaaaaa look out boys we got a whale over here with this ONE THOUSAND DOLLARS!!!!!

>>21312813
just watched his vid on intelligent investor

all common sense and dated as hell

to be a good investor you need to be smart and have steady hands, the true core no one is going to write about before they've made it

and when you've made it why the hell write a book on it

>>21313496
he's likely contractually obligated to hold a certain percent of the securities he's awarded, either way Amazon is a working company, this is basically investing into a preorder for a product that doesn't exist, not even in alpha.

>>21311764
I'm so happy for you anon.

>>21311764
congratulations anon, you deserve

Chainlink has been one of the biggest happenings in 4chan history and 99% of people who browse 4chan are not even aware of it

Sell 3 / 4, HODL rest

>>21312911
Dubs of truth and I read the link. Going to start looking homeless the closer I get to making it. Rich people are onto something in that manner so to speak.

>>21311764
>Wtf should I do /biz/.
HODL YOU MOFO!