/biz/ - Business & Finance

Load up some BNB

>>51516269
Ngmi anon

Lunc

>>51516269
Get GNS and QANX.

Convert it to GRT or ICP.

I have 1000 AVAX. It's extremely undervalued, and it's my ticket to making it.

ATOM and MATIC, idk why you even need to ask

>>51519542
I only have 450

GRT $15 EOY 2025 you heard it here first

>>51516269
>too many L1s and no LINK
keep GRT, convert some of your SOL/DOT/ATOM into AVAX and LINK. Sell half of your MATIC and buy a better L2 like zkSync

why would you do that when you have the option to convert to the superior alt, Matic, that's rising and will be taking its place in the top 3 next to btc and eth

>>51521616
only 5 signatures are needed to drain the MATIC sidechain of all it's bridged assets, every ETH and ERC-20 token. Polygon jeets hold 4 of those 5 signatures meaning only two entities need to be hacked for you to lose everything. Needless to say this would also cause the MATIC token to crash to zero as well.
literally the same security model as the Ronin Bridge which was hacked for over half a billion USD. read here:
>https://cointelegraph.com/news/the-aftermath-of-axie-infinity-s-650m-ronin-bridge-hack

to all non-jeets in the thread
do not place your assets on MATIC for an extended period of time. Seek short term profits only, ala shitcoin style trading methods. A devastating hack could happen at anytime. MATIC jeets have painted a giant target on their sidechain by artificially pumping through business acquisitions and paid marketing. A number of tweets have made it abundantly clear that the CEO and CTO do not understand how blockchain technology works and are simply applying old 'Corporate Raiding' strategies to the blockchain space. Polygon themselves hold the vast majority of tokens and have been hacked before(see pic). Also any large amount of traffic causes the sidechain to crash(Polygon prefers liveness failures over fees going up), so an attack on MATIC would leave most assets trapped on it until things have calmed down which is always after the whales have exitted and left retail bagholders. Take note, there is no eject button here. Keep long-term assets on stable decentralized networks only. Thank you for your time, God bless.

>>51523030
you do know that major fortune 500 companies like Facebook, Disney, Coca-Cola, and Stripe trust Polygon with BILLIONS of dollars
Keep in mind that these are companies with entire departments dedicated to making good financial decisions

But sure, lets listen to some wagie cuck seething on 4chan.
rope asap

Convert the others into GRT. Because it's over.
It's over.

>>51516269
Avax is alpha chad coin, grt is pajeet nigger kike coin. Be smart don’t be a retard keep the Avax and get rich while everyone copes and seethe sat us Avax chads

>>51523030
matic was just a precursor of its parents centralization (ETH)

>>51524033
at least ETH is honest about it and know what they are doing, globohomo honeypot or not.
MATIC jeets hide behind buzzwords, vaporware promises, and are ultimately a poorly made coingesting reorging sidechain with a shit security model and no decentralization. It's only accomplishment has been to leech retards off of ETH and inevitability rug them. Wealth redistribution from the credulous to pay for starving Indian villages and the chief Sandeep scammer at the top, which is strangely analogous to a modern international food charity.

>>51523592
>trust Polygon with BILLIONS of dollars
fuck you for making me actually look into your dogshit claims

Coca-Cola
>created 400 NFTs on Polygon. They already created NFTs and sold them on ETH so this isn't anything special. It wasn't even Coca-Cola, it was a company called Tafi that offered to make CC some money by selling their IP during NFT fad. CC had zero direct dealings with Polygon, done through third-party.
Disney
>they donated 20 million in accelerator program probably because Polygon devs fit their minority quota. 20M is basically chump change as far as VC investment goes.
Stripe
>offered to pay workers in USDC using Polygon because they couldn't be asked to pay gas fees and they don't want the usual crowd complaining about ETH's electricity use'. Honestly they couldn't give two fucks if Polygon rugged as it's not their money anymore. Also ETH is green now so you probably won't see this happen again.
Facebook
>specifically an NFT tie-in with the stillborn Metaverse project. So NFTs on top of Metaverse, like someone vomited on a piece of shit. very bullish sers

I should mention that every single article mentioning Polygon partnerships was heavily pushing the 'green' narrative which is now fucking dead since ETH merge. MATIC will get hacked and rollups will take over as true L2 solutions. MATIC was always fake L2, always hype.

>Keep in mind that these are companies with entire departments dedicated to making good financial decisions
kek, all these companies are late to the game pushing NFTs and the green narrative which died with the ETH merge. These departments are run by retarded boomers and jews who couldn't give a single fuck about security or decentralization.

>>51516269
I'd convert half your GRT into AVAX and the other half into BNB.

Imagine no PRQ

>>51523592
>you do know that major fortune 500 companies like Facebook, Disney, Coca-Cola, and Stripe trust Polygon with BILLIONS of dollars
Fucking cringe, you talk like they trusted Polyjeets with their cash reserves or something lmaooooo

>>51524614
Bliss

>>51516269
Sell everything you have and put it in Polygon

>>51516269
>should I convert my AVAX and GRT into one of the others? Which one?
avax looks like an interesting project to me, even if you're converting, make sure its something of value like comp, ksm, sylo or xrp
invest wisely