/biz/ - Business & Finance

They can't unstake.

>>56388532
the Chainlink narrative is the next big narrative the for the bull cycle, this has never happened before so im holding 80% and selling 20%

I'm just in it for the memes at this point, it's too entertaining to not be in

>>56388532
Yes, I'm never selling. Literally never selling.
>then what will you do for money?
I'll take out loans collateralised against my LINK, and that LINK will be used in automated trading strategies so that the interest it earns in DeFi in its lifetime pays off the loan.
Don't follow?
>take out a $1m on-chain loan, at 5% interest, putting up 1000 LINK as collateral
>that 1000 LINK then gets moved into an AI investment agent who moves it around into whatever has the highest yield
>the money earned in the automated trading strategy pays off the loan and the interest
>at the end of the loan period I get the 1000 LINK back
>essentially got $1 million to "lock up" 1k LINK, which is fine because I was never selling anyway
wakarimasu ka?

>>56388532
i'll probably sell some on the run up again just in case it tanks and keep the rest staked. i either take some profits or fatten my stack

>>56389322
Checked. Not a bad strategy anon. Only flaw in your example is you have to hold all the way to $1K, meaning it could take many years before you can take the initial loan out. Meanwhile selling and buying back potentially gets you exponentially more LINK than your strategy, while being somewhat riskier. There’s also the very real threat of being liquidated before your strategy is able to pay the loan off.

>>56389322
>I'll take out loans collateralised against my LINK
lmao this is exactly what linkies did last run and they all got liquidated even clg

>>56389459
They didn't have AI trading agents moving their LINK through high yield vaults and paying down their loans automatically. They jumped the gun.

>>56389591
What happens if Link crashes from $1K to $200 in a year

>>56389609
The AI will be shorting. How many times do I have to repeat "completely automated trading strategy"

>>56389609
What if your bank collapses? Or USDT or USDC? How you do weigh bank risks against mid term price action?

>>56388532
I want to know why LINK was higher in the second quarter of 2021, and not when BTC was at it's all time high in November of that year. I do not think it could have been Sergey dumping because even the marketcap was higher than too.

That is what is causing my exit plan in 2025 to be in disarray right now. This one does not follow Bitcoin real well, and that is not good because the months where Bitcoin ATH's are predictable. If it reaches 100, I am probably just going settle on selling earlier, depends on how early in the year it is.

>>56388532
I’m nearing 45 and tired so I’ll probably sell all but 10k but if I was under 35 for sure I’d just keep holding my whole stack. I feel like 5 years from now it basically goes point of no return and becomes the next Amazon story of just insane growth.

>>56389629
>This one does not follow Bitcoin real well, and that is not good
You know nothing, tripfaggot

>>56388532
Forever staking 1000 LINK

It’s literally that simple. In fact, simple as.

>>56389322
Checking those dubs of NGMI

>>56389626
Midwit vibes desu.
Good luck inventing your money printer.

>>56389626
>muh infallible AI trade
Sounds like it's worth more than holding link

>>56389818
Im 36 and refuse to bag hold this shit again. Make more money playing the casino then just holding

>>56388532
No kek, I'm hoping this garbage goes to fucking hell, there's not a single day I don't regret buying Sergey's bags, I'm free now that I moved onto kava but still regretting every single moment I held this

>>56390136
It doesn't. Chainlink is one of the most Bitcoin independent tokens out there when it comes to price.

>>56390310
Kys nigger faggot fuddie tranny

>>56390319
sure honey, keep thinking that

>>56390310
Idk how can these niggers worship that fat cunt so much

>>56390310
You need Jesus

>>56389322
Based. Not only entertain us by bagholding worthless internet tokens but also take on debt. Stinkers are the gift that keeps giving. I hoped you staked too so I can CONTINUE to laugh at you when you realize you can unstake and get nothing or keep your cubes locked forever for a future promise of rewards at an infinitely extending undetermined date. Please tell me you "staked".

>>56390334
Kys advocate. I hate advocates.

>>56389626
Then why the fuck would you do anything other than exactly what your delusional pie in the sky AI memebot tells you to do, retard? Why even waste time with Chainlink at all? You have the infinite money bot, right? Fucking pseud

>>56390989
look how angy he is lmao

>>56388532
The next crash won’t nearly be as deep as this one, the opportunity won’t be worth it if your stack is actually big enough

I don't want to miss out again but what else should I buy? Charts on most coins are garbage and there is nothing new interesting

>>56391854
TENET is a little down now. TIme to ape in. CYMI is also another trending gem with endorsement in most regions including UAR.

>>56388532
Everyone, at some point, will take profits. For certain bags, I'll do that on time but for the likes of PHA, CYMI, and RIO, I definitely will be holding for a long while.

>>56388532
I've got a strong faith in FGC, The IEO is an opportunity to buy at a discount price to the price on exchanges! The clock's ticking, and the excitement is real

>>56391854
Take a look at FGC and get ready for the revolution in global finance. This gonna get bags filled.

>>56388532
>Are you holding through again or selling some/all
The market and project vibes will dictate my move
I may choose to hold the big caps, and the few ones like XLM, Ride and eth that are useful in real life
sell some portions of the low caps,
and stake some to secure passive income

>>56391918
CYMI must be based since every OG here is talking about it. Web3 payments are going to be a ganger.

Im selling my full 10k stack at the top. So sick of this shitcoin.
I will make sure to monitor /biz/ for the euphoric new paradigm phase and sell this time.
Hodling is a meme.
Last bull run a 1k holder who sold the top made more money than a 10k holder who never sold, which is crazy

>>56388532
I'm holding CYMI that broke ATH in the bear market all through to the bull run.

>>56391092
>L-Look how angry he is ha ha
Delicate zoomer hands typed this post. No one with testosterone responds like that kek

>>56393791
It has got partnership with Coinbase Visa and Consolid in case you don't know pajeet.

>>56389322
Pill me on the AI investment agent. Does such a thing exist atm?

Always thought I would just hold forever until I didnt need to anymore but this has been so demoralizing I'm out as soon as we hit the peak of the next bull (if it was as obvious as the peak of this one was). When Elon was the doge father I remember literally thinking "this is peak euphoria its 100% going only down from here" and yet I just thought I'd ride out the bear, keep accumulating through staking etc. I'm fucking destroyed now I wish I had sold. Next time I will.

>>56395081
yep, Link marines have low T. Only in today's world is it considered an insult to be called "angry". That was called being in a man in any prior time period.

>>56389325
DCAing out is the best thing to do. I'm also adding some CYMI to my pf at the moment since crypto payment projects are getting more adoption by TradFi right now

>>56388532
I am holding until 1k.

>>56396427
Based shit. I ain't fading it for anything not now that they've been endorsed in UAE.

>>56388532
Well I'm never selling, so yes I'm holding
Just take my stack out of circulation

>>56396427
That token's crypto card is the only thing that's working in my region.
I hope it also doesn't stop working anytime soon