[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 177 KB, 1000x1000, c6b.png [View same] [iqdb] [saucenao] [google]
21462948 No.21462948 [Reply] [Original]

I bought 5k at 32 cents. Now I have 100,000 to put toward a house. I know it's not much compared to some of you, but I just kind of hit that point where LINK has given me more than I ever thought possible and it's time to live a little bit more comfy. I rode the nano wave from 1 dollar to 32 back to 1, and I feel in this moment the way I felt when nano mooned - absolutely invincible. I don't want to relive that pain.

thanks bros, and good luck on the journey to 1k.

>> No.21462971

>>21462948
based

>> No.21463023

>>21462948
More like a quarter of a house

>> No.21463038

>>21462948
Excellent move anon, use that 100k well, bless your former self for buying link and never look back. You did well.

>> No.21463051

>>21462948
What made you buy Link?

What were you thinking when you made this purchase?

>> No.21463052

>>21462948
Nice
Hope I will do the same

>> No.21463065

>>21462948
>selling at the begining of the golden bull
you will rope yourself in that house when link hits triple digits

>> No.21463103
File: 129 KB, 900x837, 13B77DC1-5318-4056-9AFB-A63E626F9659.jpg [View same] [iqdb] [saucenao] [google]
21463103

Nice call anon. You sold the digital tulip top. You should be proud.

>> No.21463107
File: 147 KB, 1240x1920, Snapchat-100885972.jpg [View same] [iqdb] [saucenao] [google]
21463107

>>21462948
i am glad you have been blessed by link
pic rel is me holding my link

>> No.21463136

>>21463107
That's a woman

>> No.21463171

>>21462948
You’ve made it, good job bro. I hope LINK will bless me with a house one day. Best of luck to you, start a family!

>> No.21463572

>>21463065
t. poorfag who will never have this option

>> No.21463593

>>21462948
cringe

>> No.21463629

>>21462948
either way you're already a winner. congrats anon

>> No.21463631

>>21462948
All the best anon, I can't blame you for cashing out now to get a house, but I'd have still held out. I'm not treading on any new territory, but as someone who's a homeowner and RE Appraiser, you better have a healthy amount of liquid cash in reserves. Homes aren't cheap and require a lot of maintenance. You should definitely have some money available if your water heater breaks, need to replace the roof, AC unit, making any renovations, etc. I've seen a lot of people be lazy and slowly let their homes go to shit, which ends up costing them way more than the initial fix would have been or ultimately come to the realization that they're going to have to sell their home for well under market value.


That being said, if you're looking for a place, make sure the water heater, AC, electric, and plumbing are solid before buying. The last thing you want to do after dropping all that money is to have to drop $10K plus on utilities within a few years of buying the place. Also, always go with a fixer-upper. Obviously avoid it if it's going to require an immense amount of work, but you'd be surprised how easy a lot of the shit is. Linoleum tiles are easy as fuck to remove, you can get new cabinets for 1/3 of the price on craigslist, buy new countertops for cheap if you buy the scrap pieces at a store, and you find more than enough tile for next to nothing at Restore. Hope all goes well with your future home OP.

>> No.21463687

>>21463051
It was 2017 and i only bought it for the memes. I had 100k of nano in 2017 and didnt sell and watched it plummet to 4k. Not many people get second chances. Im still holding all my other shitcoins and still have a 6 figure portfolio. Ive already seen insane returns from link, so its time to say goodbye. I learned from 2017 that when a chart looks like that, its time to move on.

>> No.21463763

>>21463051
Not anon but literally I just do what /biz/ tells me, I missed it when it happened with eth, got in when it happened to link, am already locked in for the next shitcoin of choice

>> No.21463772

>>21463631
thank you so much for the advice. I missed out on the opportunity to buy a house in 2017 and now its 2020 and i still have a healthy crypto folio to ride out 2021. Link gave me massive gains and im banking on iota and VET next

>> No.21463863
File: 60 KB, 1280x720, the game.jpg [View same] [iqdb] [saucenao] [google]
21463863

>>21463136
these comments get me every time, never change /biz/

>> No.21463923

>>21463103
you've actually posted this in three different threads now
are you OK nolinker?

>> No.21464156

If you had spent some of the last three years understanding Chainlink you would never be selling all at this point. Jesus christ...
Yes, we are taking profits but it's just stupid selling all. Remember that $100 LINK is 30b cap, ETH's is 45b now. That's without a bullrun.

>> No.21464310

Link pure smoke.
If you want a real crypto with fundamentals take a look into $DVT DeVault

Thank me later.

>> No.21464315

>>21462948
Why in the fuck would you not keep 1k link? Or if you sell it all, then reorganize your already current 6 figure portfolio in other shitcoins so you can still have 1k link?

The entire point of this all is to be a linkmarine until death. You are going to hate life not being on the train.

I am a fucking seargeant and IM ORDERING YOU TO KEEP 1K LINK ONE WAY OR THE OTHER YOU WORTHLESS CORPORAL OR WHATEVER IT IS YOU ARE.

>> No.21464375

>>21462948
AND MAKE NO MISTAKE...THAT IS AN ORDER...IF YOU DONT KEEP 1K YOU WILL GET THE DEATH PENALTY BY MILITARY TRIBUNAL, AND SOME KLEROS FAGGOT WILL BE THE JUDGE JURY AND EXECUTIONER

>> No.21464610

>>21463772
No problem. It also depends on the state/country, but make sure you set aside roughly $15k for closing costs. If the sellers are motivated, you can negotiate and have them pay a solid chunk of it. Estate sales are really good in this instance. A lot of times the trustees are busy with their own lives or don't live in the state, so they're willing to sell off the goods and home for less than market value.

>> No.21464612

>>21462948


Drns;

>> No.21464745
File: 254 KB, 334x506, 1581926061923.png [View same] [iqdb] [saucenao] [google]
21464745

>>21462948
So basically you're a retard who ripped up his golden ticket to financial independence just so you could wagecuck for a bank paying off a box?

Congrats.

>> No.21464769

>>21462948
Nothing wrong with trusting your gut

>> No.21464817

>>21462948
Enjoy your shitty house, I guess.
I'm going to be sailing on yachts and flying helicopters with my millions.

>> No.21464831

>>21462948
congratz, and best of luck in your new house.

>> No.21464839

>>21464817
except yachts and helicopters wont exist because the world is collapsing

>> No.21464856

>>21463763
that is my story

>> No.21464896

>>21463772
>im banking on iota and VET next
oh no no no no no

>> No.21464910

>>21464839
They'll always exist, but you'll need to be super rich for them.

>> No.21465096

Hahaha, mainnet isn’t even up and running yet. Still waiting for trillions of dollars from fidelity to pour in and staking. Do what you gotta do man. This ain’t 2017 it’s 2020

>> No.21465127

>>21462948
OP - I think you should reconsider, not because you are wrong about what you are saying with respect to it potentially collapsing but because of the way the political climate is now. Making it is not the same as making it when people got rich off ETH or BTC. The world is in turmoil. So yeah, you might think I'm happy I can buy a house or whatever and be comfy, but LINK might actually be your ticket for survival much like gold and silver were (and probably stil are). You also need to understand that the housing market is about to get fucking rocked. So you will buy a home and it will probably lose upwards of 90% of its value due to massive inflation, then you will be back at square one. I think you need to take into account the geo-political climate and hold at least half your link that you plan on selling.

AND THIS IS A FUCKING ORDER FROM A SUPERIOR SEARGEANT

>> No.21465148

>>21462948
Didn’t read. Never selling.

>> No.21465174

>>21462948
Don't waste it on a house... cash is buying power.
If you keep it liquid (stocks, etc.) you can use it on other opportunities as they arrive with less risk.

>> No.21465202

>>21465174
And if you take this advice and sell like a retard...make sure you put your gains into gold and silver. Reset is coming.

>> No.21465237

>>21462948
good job linker

>> No.21465247
File: 3.14 MB, 498x498, D14818A7-E385-484E-95DB-29CAA2990686.gif [View same] [iqdb] [saucenao] [google]
21465247

you guys fail to understand one thing
it isn't retail investors that are moving the price of chainlink
you will all realize in time, I just hope that it's not too late
that being said, taking profit to buy a house is one of the best ways to spend your money
everyone needs shelter and their own pot to piss in

>> No.21465257

>>21462948
You bumbling idiot. At least have a 1K suicide stack if your hands are that weak.

>> No.21465416

>>21465247
Nope, its one of the worst ways given that the housing market is so fucking high. If OP actually follows through and doesnt take my (our advice) he should unironically sit on the cash in gold and silver...at least 30% of the profits...wait for the reset then he will be able to buy unlimited blowjobs from formerly well to do housewives selling their mouths for food, and he also will be able to buy multiple homes when it resets and 100 ounces of silver buys you a home.

>> No.21465446

>>21464839
Not fucking you again. You sold your stack. Get over it.

>> No.21465508

>>21465127
This is retarded, if you buy a house and then we get hit by hyperinflation. Then you win. Literally one of the best hedges against inflation is real estate.

>> No.21465671

>>21462948
Congratulations, enjoy yourself anon

>> No.21465806

>>21465508
He's not "buying" anything. He just wants to make down payment. What will actually happen is that once mass unemployment really kicks in and he loses his job, the bank will get to keep the house and the money he put into it.

>> No.21465853

>>21463763
Same, down to the letter

>> No.21465940

>>21465127
>have a $300,000 mortgage
>hyper inflation kicks in
>$300,000 becomes equivalent to $30 in today's money
Hyperinflation is great for people drowning in debt, and wipes out people's savings. Did they not teach you this in school?

>> No.21466070
File: 155 KB, 994x745, OwkixvFitIdIkwltw2JFO9gPgXiOuG8IkfUPe4LPwno.jpg [View same] [iqdb] [saucenao] [google]
21466070

>>21462948
Well done, OP. Well done.

>> No.21466099

>>21465940
So long as you don't get raped by increasing interest rates.

>> No.21466134

>>21462948
Congratulations on your profits and your psyop as well

>> No.21466168

>>21463923
Tulipmania is the latest organised FUD tactic, you’re going to see a lot of these posts over the weekend.

>> No.21466174

>>21462948
Next year it will be worth 100 million.

>> No.21466227

>>21463763
What’s your next shitcoin of choice

>> No.21466448

>>21465940
Except he wont have any future money either
See:
>>21465806

>> No.21466537

>>21465508
You wait for it to collapse/reset first retard, then you have some gold and silver and buy 10 houses.

So you are telling me that if you have 500k to buy a house or buy gold right now, with the knowledge that hyperinflation will hit next week, you are telling me you would buy a home?