/biz/ - Business & Finance

>>57977497
so you have no long term holds? you just swing shitcoins?

wow thanks for the extremely organic incel manifesto, fellow OG
i unstaked and sold all of my link the second i was done reading this post

>>57977497
>the world is static
Nigger, the thesis for this coin has ALWAYS been its tokenomics, which ONLY matter when there's enough usage to actually dry up the circulating supply. Everything before that is speculation. Real price discovery won't happen for a long time. If you can't wait that long, fuck off to your shitcoin casino.

Oh and this should've all been obvious when this latest ARK ETF news came out. So Chainlink works with SWIFT, financial institutions, Aave, Circle, fintech like ARK, and big companies like Wemade and Telefonica, but it's worth less than shib doge and something called toncoin? Yeah, it's just a casino and you should wise up

>>57977497
i just sold everything
thank you altrustic anon, you are going to heaven for your work

>>57977497
>fud thread
need to buy more i guess

>>57977526
>longterm holds
Oh you mean bitcoin?

yawn so boring every day the same old shit day after day. no one needs you to shill a 7 yr old token and no one is going out to buy because youve uploaded a jpeg. you do realized just today you are one of maybe 50 whove done the exact same thing right

>>57977526
Strictly swing, hold BTC and a little ETH long term but stashed away. 98% is swung, worked net worth up from there. Midwits hold things like LINK thinking they are "fundamentally undervalued", but it could be $20 for the next 5 years. It does not matter if they announce tomorrow "SWIFT has chosen Chainlink as official blockchain connectivity infrastructure", the price would spike to $30 and then bleed out, just as it's already bled out the Wemade news

>>57977545
Which is... exactly what I've done. The tokenomics are bullshit, or else it would've never gone to $50 when it was a mainnet token. Staking was delivered late in 2022, and all it does is secure a single price feed on a single blockchain. A 2nd iteration secures.... a single price feed on a single blockchain. Tokenomics are for midwits like yourself. Either people are buying in droves or it's just another token

>>57977497
link was originally created as a cuck's coin. the entire purpose was to financially dominate it's holders. all the other use cases and partnerships are basically cover for this primary purpose. it is the most successful project in crypto whether you understand it from its utility (as a cuck coin) or its price (constant crab/dumping against the market) it is phenomenally well designed to fulfill its purpose. The guys that hold this have a findom kink fetish. A lot of newfags dont understand this and accidentally buy it. Most other coins are actually designed to pump and those should be bought if you like when the value of your coin goes up. if you're a cuck and you hate that though, definitely look into link because its super super good at cucking its holders.

>>57977629
it's not just link.
almost every chart of the top 30 has unmatched tops from the previous cycle, and some have an even bigger unmatched top from the pre-previous cycle. just look at XRP. it's atrocious. it's NEVER going to match it's 2017 ATH. these are dinosaurs, shitcoins with no future which bleed satoshis but so slowly it's bagholders don't even notice.
look at ALGO. look at HBAR. don't be like these bagholders. always find a new lowcap horse to ride to the top and then ditch it. and if you doubt your abilities to find one, stick to BTC.

OP is a poorfag swinging 1k around
still steakin and comfy

OP is a midwit poorfag coping

>>57977497
you're right and wrong
I think link will catch a pump but still lag hard this cycle
I do think that the chainlink team has their eyes on a path to token being used to such an extent that it will become a worthy proposition for many to hold and that value will accrue
although
I honestly might bail for a bit if ccip doesn't go ga this quarter or we don't get at least something fresh and live

>>57977497
>you outsmarted yourself holding LINK
damn trust no one not even yourself

>>57977497
It’s just a high time horizon play. Everything else could get nuked by a black swan and this is one of 3-5 projects that will survive. Pick the wrong shitcoin and you lose everything. Not worth it.

>>57977497
>>57977526
>>57977529
>>57977545
>>57977557
>>57977559
>>57977587
>>57977613
>>57977616
>>57977629
>>57977666
>>57977692
>>57978925
>>57978935
>>57978940
>>57979585
THE cuckolds of crypto

>>57979667
Also there are levels to IQ. You’re right in a short term sense with the confirmation bias that FTX didn’t happen right in the middle of your little shitcoin swing operation, flushing your NW down the drain. But anyone really up there in IQ sees Eric Schmidt talking about verifiable identity in a post-AGI internet and realizes that Chainlink is going to obliterate every single project out there in a matter of time.