/biz/ - Business & Finance

>>56458725
I'm not mad about the LINK, I'm mad you're trusting an exchange with "your" LINK

>>56458733
this

>>56458725
We’re still 8x away from my chainlinkstacklet ass hitting 6x…if it doesn’t hit 1k in the next year or two I’ll kms hahaah

>>56458725
>not even a sui stack
I hope you enjoy poverty

Please consider selling and buying [my bags] instead.

>>56458725
keeping link on cex
yikes

>>56458740

>>56458746
>>56458733
Yes faggots, Coinbase is definitely going to rug me

Get that shit outta there Anon, what are you doing? You better stake on v0.2.

>>56458756
there is a guy who posted here who has $250k worth of link stuck on coinbase because they ask proof of fund and he cant provide it. you're an utter retard

>>56458756
Even if they dont rug you they hav trackrecord of hostaging assets
>Sorry Goy! Withdrawals have been disabled!

>>56458758
Is it worth staking? I couldn’t figure out how to do it. I keep my coins on Nexo and don’t know how to get them out.

I own more link than you and I fudded the board for years. Hows this make you feel

>>56458794
Kek why the blind angry at Nexo?

>>56458794
>don’t know how to get them out.
do you suffer from a low iq or something?

>>56458756
newfag detected

>>56458794
Bulgarians have already spent your LINK on new wheels for their horse-drawn cart.

>>56458756
Why would you even take the chance? Self-custody is not a meme, it's the entire point.

>>56458824
And what do I do when some pajeet back doors my meta mask? I would have no recourse

>>56458756
big fucking yikes, you think people who had their btc and link on FTX they thought they'd rug em?
i cant fucking believe people are still trusting cexes, especially people who lurk biz, this is insanity

>>56458803
You’re the faggot that raped cobson and made him green…I remember your thread. It’s me the atheist chud vampire

>>56458837
CoinBASED does not deal in the same Jewish behavior as Sam Bankman Fraud

>>56458756
This kind of careless attitude is going to get you rekt in the future. I'm paranoid to even sign transactions with my ledger on the machine I watch porn on.

>>56458837
with 6 figs you'd think OP would know better

>>56458858
i literally got some funds stuck on coinbase, they denied me withdrawals, it was in 2018, thank fucking god it was just some rewards i got mining VERT, it was like 500 bucks, i don't give a shit, but if i had too trust an exchange, i'd rather trust kraken than the jews running goybase, they are the most vile and shady kikes i ever saw, i used kraken to buy all my link, but i do self custody on everything, even though i like kraken, i m not insane enough to put my linkies there

>>56458877
i mean okay if it was like 6 years ago why not, people were still new to this, but fucking 2023 and people put all their networth in the filthy hands of jews? holy fuck, those people deserve to lose it all thats why i have 0 pity for those who lost everything on ftx

>>56458810
Yes where should I move them to? I was thinking coin base or coin base wallet. Meta mask seems sketchy. Like Jews will one day shut it down then it’s gone.

>>56458939
holy fucking shit, get a fucking ledger you mong

>>56458948
>address gets leaked
Hope you like wrenches

>>56458948
Did Jewish hands type this or can someone confirm ledger is the way to go? Can I stake with ledger?

any anons kind enough to provide a how to for dummies (or just for an old fool like me who bought chainlink years ago on coinbase and didn't trust metamask , trezor, but always wanted self custody but never knew who to ask who wasn't going to scam him ) ...

am a retard. but a german philosophy professor retard. came here from pol and this isnt my field.

>>56458842
THATS NOT COBSON TAKE YOUR MEDS

>>56458725
rip

wasn't there news / fud / word on this very salmon fishing forum that trezor or some ledgers had back doors that opened up all types of vulnerabilities

>>56458966
go buy a ledger, generate a wallet transfer your link on the wallet, then just keep your seed safe somewhere

>>56458966
Bump, what do with my linkys?

>>56458725
same here, all in.

>>56458870
You’re safe senpai but you should stop watching porn

>>56458989
anon, thanks.

Could you please elaborate...

am i to buy a ledger from anywhere? amazon, for example? that sounds like it could be tampered with from the get-go... or best go shop and buy in cash?

generate wallet and transfer link... i actually understand chainlink, but generate wallet ..?

>>56458966
1. Get a trezor
2. Set it up and check every link you are interacting with is legit. Some typos writing in the browser or.clicking scamming adds on Google will get your funds drained
3. Create a pass phrase along your.private key and always enter it with your trezor never with your keyboard when trying to use your wallet
6. Memorize your seed phrase

>>56458989
Which ledger? Nano x or s? How do I generate a wallet transfer? Any resources on how to do these steps for dummies?

>>56458958
>confirm ledger is the way to go?
yes, retard
>Can I stake with ledger?
yes you should always stake keeping your own private keys.

>>56459027
ok...

thanks anon.

1. get a trezor. got you. from anywhere?
2. set it up. got you. i guess it comes with instructions or is that retarded?
3. create a pass phrase along with your private key and only use with trezor not keyboard. got it.
4. memorize you seed phase. got it.

presumably pass phrase, private key and seed phrase are three distinct things and not an interchangeable name for one and the same thing...

>>56459037
nano s+ is fine. check youtube vids

>>56458738
>1k
mijo what
im out at $60

>>56459007
Thanks fren, I know

>>56458971
Erm it is you killed my dear cob…fucking bastard…

>>56459081
>he doesn’t know what Chainlink is

>>56458837
I have 4 cents on CB and would transfer or spend it if possible, just so they cant have it.

>>56459037
in the meantime you receive your ledger you can create an exodus wallet and send your link there.

>>56459062
only buy from the company website, get a trezor bc ledger has some issues with data leaks,and make sure that isn't tampered with like an open box in case it went through customs

>>56459062
Just get the trezor you will get everything once you sit down and try to set it up. Get it from the official website

>>56459081
Kys spic

>>56459026
the only place to buy a ledger, is from ledger themselves, anything else and you might get sold a fake ledger. and yeah fake ledgers exist, and you can get fucked this way. you need to buy an official ledger, and authentify it with ledger

>>56458756
bro, go to the coinbase subreddit and you see a ton of people having their funds frozen because of random reasons like "accidentally leaving their vpn on" or something. it's just not worth the risk.

>>56459105
im kinda just in it for a car fren .-. if it breaks 60 i can drive a 2015 vw type r

>>56459119
based, i gave up on goybase, i dont want to fight those kikes, they are shady as fuck, i stopped using them in 2018, but i remember how suddenly out of the blue they would bug out their api, stop withdrawals out of the blue, and even stop trading. the worst kikes i ever saw, they came before sbfs ftx, but they were the most shady in the space back then

>>56458725
Youre just gonna ride it back down to $5 and make pout threads

>>56459161
hes gonna make it to 7 figs, youre just a seething faggot

>>56459131
thanks anon

>>56459133
thank you too

>>56459144
and again, thanks.

Done, buying a trezor from the official trezor website now.
If i have any issues, will be back.

>>56459161
Found the discord tranny. Seethe and cope

>>56459181
Why Tresor over ledger? I am tempted to get the ledger because it works with Bluetooth over the phone. My main computer is a work computer. I also have a Microsoft laptop that I could use but Bluetooth seems easier.

>>56458756
>guys this coin is the future of blockchain interoperability
>no of course I don't hold it on-chain lol who even uses blockchains?
I am vomit

>>56459207
Also can you stake while using one of these devices?

>>56459207
because of the 3 anons kind enough to help, 2 of them recommended trezor and 1 even went so far as to say ledger had some data leaks.

>>56459207
retards thought that the private key never left the device but it's not how it works, and it's encrypted. they use bank-grade security. trezor on the other hand is hackable:
https://www.youtube.com/watch?v=dT9y-KQbqi4
but really both ledger and trezor are fine

>>56458725
WHY NOT 100% LPL

HOW WILL YOU STAKE YOUR LINK

WHO WILL STAKE IT

WHICH WILL STAKE IT???

WHERE WILL YOU STAKE IT???

POOL KIDDOS STAY WINNING ONCE AGAIN

SDL KEKS ARE SEETHING LMAO

POOLS CLOSED

All this Coinbase fud..... My name was on the fucking Ledger list. Then Ledger tells us all there's a backdoor to our private keys. The only real choices are an airgapped machine, a paper wallet, or an exchange. After years of bullshit I think I'd rather trust Coinbase than risk losing everything to some backdoor hardware wallet hack.

>>56459279
Based pool chad how you doing kiddo?

>>56459151
Your taste in cars is shit. I hope you sell early and then want to kys when link hits 1k

>>56459219
i cant believe im being asked this question in 2023 my god, but look, even if you have a ledger, your link are still on ethereum, a ledger just stores your private key and lets you interact with your wallet on ethereum without typing your private key on your computer.
you can also connect your ledger with metamask, and use metamask, with your ledger, basically your wallet keys are on your ledger, and metamask, checks your wallet on ethereims blockchain, and if you want to stake on chainlink, you use metamask, and metamask will send a tx request to your ledger, and you validate the transaction using an ok button on your ledger, so you interact with your wallet, without ever sending private keys to your computer, even an infected pc with malware cannot access your wallet, because you have to physically press a button on your ledger

>>56458725
>Keeping 100k on an exchange app
Never change biz

>>56459285
you have no idea how it works, private keys are private keys, a ledger is just an encrypted USB stick, that's all there is to it, when your computer trasacts with it, it's all encrypted. ledger doesn't know your private keys, and they will never know.

>>56459285
>Catalog
and that's along the lines of what i recall reading on here.

Going to get a trezor and put some there.
Already have it divided fairly evenly amongst 4 exchanges. Now i'll make it 5 ways 20% each. Eggs and basket would be the right thing to say but then again it wouldn't because link and never 'really' selling anyway.

disclaimer. enough for a large farm in the rhineland and i'm selling.

>>56459342
trzeor is not safe, if someone gets hold of it, they can crack it. get a ledger retard

>>56459334
I know exactly how it works, and they already said they can access the private key.

>>56459358
i rolled my eyes so damn hard, please post the source then

>>56459302
Thanks fren. I’m gonna get a ledger and hopefully am not too retarded to setup MetaMask and stake

>>56459358
That was ledger you jewish faggot

>>56459358
they cant, i think you are referring to a service ledger offered called ledger recover, and yeah in that case they do custody of your keys IF YOU WANT TO USE THEIR CUSTODY SERVICE

>>56459372
I said Ledger. Can any of you stupid fucks read?

>>56459302
if only you knew how dense non cs anons are about this stuff.

The words generate seed phrase, wallet keys, private key, etc, nope, can't make sense of what's what.

>>56459347
now trezor isn't safe.

>>56459372
now ledger is the problem.

>>56458896
armstrong is catholic

>>56459399
people in this thread are dumb, ledger is safe.
they propose a recovery service where you give em basically your keys, and yeah that shit is not safe. but if you just fucking get a hardware wallet and use it as intended, there is 0 risk

>>56459358
only if you accept ledger recover. technically your gov can force you to accept it and get the key but really it's still safer than the alternatives. also cracking a trezor is only possible for super elite hackers. in reality you'll be fine with both

>>56458858
>CoinBASED does not deal in the same Jewish behavior as Sam Bankman Fraud
Holy fuck.. you really are new and will have to learn the hard way unless you listen to literally everyone ITT. They are just as jewish when it comes to this shit. They might not rug overnight like FTX but there will be fuckery at some point- freezing withdrawals of any sort and/ or other chicanery. I never recommend the following but trust the anons in this thread and go to reddit and read the horror stories about this exchange you actually think is based. Just incrementally get your shit off there, they might freeze it if you try to move all at once and you will be stuck in a never ending loop of sending KYC material mixed with horrible customer service on their end. For the love of god anon, actually take advice from biz on this one and dont do the opposite of what they say. This is a rare exception. I dont want to see a
>should I rope
thread from you anytime soon.

>>56459412
>>56459415

so either is fine. Ok.
and, i can use my regular sitting on the sofa laptop for this? or should i buy another one and use it just for this?

>>56459436
get another fucking laptop, and use ubuntu as a secondary boot if you cant afford it, also get an antivirus and stop fucking downloading cracked games and shit

>>56459436
regular laptop is fine, even if infected with viruses, that's the purpose of a hardware wallet

trezor also is open source code unlike ledger

>>56459449
ok.
trezor and another laptop it is.

>>56459436
also, for your seed phrase, i suggest you get a steel case ledger like the billfodl it wan withstand water and fire https://shop.ledger.com/products/the-billfodl
and store that shit somewhere safe, i suggest first of all to encrypt whatever you write on it and remember how you encrypted it

>>56458725

It is probably the most undervalued project in crypto

link should be worth at least 50 by now, 50 as bullrun ath is undervalued I think

>>56459466
never install anything beside a fucking antivirus on it, and use any unix distrib, safer than windows

>>56459450
ok.

anons, one and all, am certain i'm not the only retard reading this. Danke

everybody thinks ledger recover is some evil shit that will let them/hackers exploit your seed but in reality it will save a few normies from losing their life saving

>>56458756
>>56458782
>>56458786
>>56458818
>>56458824
>>56458837
>>56458870
The reason I keep on a cex is because I'm scared of fucking up transferring it off to a wallet and losing everything because I put the wrong letter at the end of the address or it gets stuck on the blockchain and gets 0x'd

>>56459544
Send a little to test

>>56459544
you can do it little by little. it's good practice to always start by sending a test transaction with a small amount first. then you continue with small amounts

>>56458725
>Diversify marine!
>Diversify now!

>>56459544
you know if your schizo, you can always send 1 link, verify onchain that everything went through, and then used the saved address... it's better than trusting cexes trust me

>>56458725
Niceee

>>56459544
also implying you cant do exactly the same mistake using goybase wallet

>>56459544
>diversity hire secretary puts a wrong letter at the end of your address when moving funds and they're gone
C'mon anon, responsibility isn't that scary and then only you can fuck yourself over.

new laptop (will order tomorrow).
trezor (ordered.

then set up trezor following what they say on the official website, looks pretty helpful.

then safe store an encrypted steel case ledger to have a go to for the seed phrase if ever such a situation arises.

then connect the new laptop to the wifi and transfer ( just a little to test at first and then do it in increments ) 20% from each ecoinbase, kraken, binance and etoro to my own wallet.

then disconnect wifi.
switch off laptop.

and leave it there for a few years.

is that the procedure ?

>>56459544
you can do it anon and you sound like a newfag but thats ok
just do a test run before sending the whole amount
and copy and paste the address so u dont have to type it letter by letter

>>56458725
Looks like coinbase owns your link, you filthy nolinker.

>>56458725

>>>/tv/191351881

Today I will remind jannies. No board will be safe from them being triggered

>>56459599
for the srteel case ledger storing your seed, never stoore your seed as is, swap words, or use an algorithm only you know to encrypt your seed, and just remember how you encrypted it, so if someone gets hold of your steel case recovery seed, they wont be able to to steal ur shit.

also keep 2 copies of it, into a bank safe. banks have secure safes secured in vaults, you can store copies there, u'll be safe this way and wont risk people finding your seed

>>56459610
Hahahha yes I claim /toy/

>>56459612
got you.
thanks

After reading the responses here, let me make sure I understand;
>Get coins off cex and put in wallet
>when time comes to sell, slowly funnel the tokens into the cex when selling so if they do decide to freeze or halt your shit, you would only lose the small increments that you’re transferring between the wallet and cex
Is that right?

>>56459627
also remember, on ledger, there is a pin code to unlock the ledger, if someone types 3 wrong codes, the ledger will "auto destruct" i mean...it'll auto reset itself, so ull need to get your recovery seed

>>56459646
>
no, just sell using dexes, sell into stable coins, and if you need to send to your bank account, just transfer the usdt or usdc or whatever stable u like to your cex, and then sell and transfer from the cex to your bank account, but keep your fiat as stable coins on your ledger, never transfer the full amount on a cex, if you want to transfer like 10k$ for example, keep 10k$ as stable on your ledger, and do it in 2 times, send 5k$ to your cex and transfer to your bank, only when you recieved on your bank the 5k, that you move to the next batch, of course im using 10k$ this applies to 100k 1M$ or 10M$, noobody just sends 5M$ to a cex for the first time, you need to be slow and steady

>>56458725
50k linkie here, was 100% link but that’s dumb gotta diversity a little bit. I’m still 85% link but happy to have a few other things. your stack is ok but it’s pretty small not Gonna lie

>>56459647
good to know.
thanks.

any other advice or am i good to go with what i detailed before?

>>56458756
>Yes faggots, Coinbase is definitely going to rug me

It's not a matter of if, but when. Faggot.

>>56458756
Ahahahaaah biggest fuckin OOF I've ever oof'd put me in the screencap boys

>>56459298
strong reading comprehension
yes, i'm selling early at $60.

>>56458756
I lost everything with a shitty exchange site and now im probably gonna be homeless cause of debt

>>56459932
What happened?

>>56460411
Rugged and now if I don't pull up 3k im gonna lose everything

>>56460755
What exchange was it? How much did you lose? Why are they saying you can't have your money?

>>56458985
Yea I remember that. Also those things break iirc

>>56459903
Not if i frontrun you at $59
>MUAHAHAHAHAHAHAHA

>>56460761
It was Hotbit and i lost around 6k which was all I had. It all went to shit wigh ftx and they stopped allowing withdrawals but some people could withdraw so idk. I had to take a second job but still im way behind

>>56459668
Ah yes, the future of finance is a completely obscure way of buying, storing, and selling where a typo can result in thousands of dollars of unrecoverable losses

>>56458756
>>56458725
sorry jeet

>>56458725
cheers.

I bought a brand new chromebook and created a new wallet on it via metamask. I only use it to hold and occasionally trade on uniswap which I set to my home page, otherwise I disable the wifi and keep it closed. Is this safe enough or?

>>56458733
>>56458737
I've heard as much horror stories about people losing their keys by being retarded as I've heard about people getting rugged by exchanges

>>56458733
He definitely gon cry his ass to mama, cause he go get shit on. I'd diversify into Pha, Glmr, and Cymi rather than go all in on Link, worst is having it on a CEX.

>>56461376
So long as you dont let a nigger inside ur house it should be fine

>>56460835
>typo
You people are insufferable

is binance good?

Og ico linker here top 500 wallet i was 100% in link but now im 99% qnt

>>56461751
I have it, it's meh although it has almost everything you need, I heard good opinions about Kucoin but I'm a newb and live in EU, I'd rather open a thread to ask anons

>>56459599
I wouldnt bother with the cryptosteel honestly. You can create an encrypted txt file with veracrypt on your new laptop, strong pass phrase, and keep the file on several usb keys/ sd cards on different locations

>>56459544
Want to be even more scared?

There are scripts that run invisibly in the background, notice when you copy a wallet link in your clipboard and REPLACE IT WITH ANOTHER WALLET LINK, so you end up sending your crypto to a scammer.

Always check the wallet ids you copy-paste.

>>56458985
Those were psyops to make you move coins off hardware wallets

>>56459544
You're a massive pussy then.
Not everyone can be high T I guess.

>>56458756
>>56459544

Honestly, you gotta pick your poison. If you use a CEX, you are the mercy of the exchange closing your account or preventing withdrawals for any reason. They're incentivized not to to not stain their reputation, but the potential is there.

If you use a desktop wallet, you're trusting the software to not get exploited unlike what happened to Atomic Wallet which was doing fine for so long until they got hit with some random attack and stole a bunch of users' crypto. Then you have to consider hardware wallets but there are closed source products like ledger that end up recording your IP and transactions (unless you use Metamask to sign transactions apparently, not sure on this) and recently they revealed that their hardware is exploitable to extract the private keys out of thanks to the reveal of their seedphrase sharding service.

I used to be 100% "not your keys, not your crypto" and quite frankly, I'm still am but I understand why someone would skip the hassle and leave the management to an exchange. Some people can't handle that responsibility.


But do note you're also getting screwed out of qualifying for early access to Link's community staking pool and you'll have to fight with other dogs for the general access.

one of the original retard question asking anons from yesterday here

>>56462173
thanks, will keep something digital and something tangible. Each encrypted. sherlock holmes clue crumbs.

>>56462340
thanks, but what is and what isn't a psyop? I lean to the side of if it's out there, it's part of, or somewhere along the way it's been influenced by, a psyop.

>>56462412
isn't metamask owned / controlled , at least partially, by JP Morgan? From that i can guess how impartial and decentralised and encrypted it actually is. Fair enough, they would have their motive, just doesn't match up with what they claim.

>do all of this
Nobody will ever get my keys, or my coins! Safe and sound!
>crypto gets regulated out of the US
well... fuck

>>56458725
Well, i'm not happy about it. tbqhlbgtqia2+(squared)

>>56458756
Had a SIM swap attack a month ago. The guy stole all my crypto within an hour. Coinbases system even verified his (my) identity using their Webcam photo holding an ID for instant withdrawal. So a complete stranger who probably looks nothing like me and doesn't have my ID was verified as me and stole all my money. Get your shit in a cold wallet.

>>56462412
Trezor and Ledger being hardware also limits them because hardware can't be modified after it's sold outside of software. If there's an exploit on the hardware end that can reach over the net, you're fucked.
I split the difference on Metamask being the safest bet as it apparently is just an application that responds to local data. Unless Metamask is caching all of these account phrases, you have nothing to worry about.
The OS side is another worry, though. I'd never set a wallet up on Windows or a phone. I did mine on TailsOS and put the password in a password vault, then copied and pasted it to MM on my devices. That way the phrase can't be keylogged.

Can I move my linkys to MetaMask now or should I wait for my ledger to arrive?

>>56463266
Post proof

>>56463748
>should I wait for my ledger to arrive?
I would. It'll cause you less stress after you've staked your linkies. I've seen other anons metamask get hacked too much to trust some browser extension with my link

Thanks frens. It’s been a long road but j think we will make it. I wish I could’ve bought more during the last dip but on the plus I bought a house and had my first baby.

>>56458725
Ikr it’s so obvious. Only an abject brainlet couldn’t see the pump.

>>56463802
>browser extension
It gets hacked usually because anons were retarded doing shit like installing torrented porn games/redeeming scams/keeping their seed phrase online etc. It's not usually a problem when the user has a brain.

>>56458756
They're not gonna rug you, just freeze your funds for months and ask you to prove you're a good goy. If you're keeping $100k+ on a CEX in 2023, you're a fucking retard.

>>56458725
I only have 100k Link which is nowhere near enough to actually make it.

All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda. It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. Link is only going to $10 max. Right now I might make 500k before tax on that, but tax will take a big chunk out of that then inflation will fucking ruin me over the next decade.

Even if I chuck the 500K into a dividend stock that pays out well and I get 50k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 10 years that 50k a year will feel like 20k a year. You need a minimum of 5MM, but more likely 10MM to make it. The upper predictions for Link were about $80 but that was made during the bullrun of last year, and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity. All of that isn't going to happen.

>>56460779
please dont

>>56463275
There are so many security concerns that it feels like you can never win.

>>56458725
Lol damn that's pathetic. Imagine when it inevitably dumps back to $6

>>56458756
many said the same about FTX

>>56458877
you learn very early on that wealth does not equate to smarts