/biz/ - Business & Finance

[Anonymous No.15228611]

My country is going to collapse and I am going to suffer an hyperinflation and there is nothing I can do about it.

[Anonymous No.15228619]

>>15228611
y not just leave

[Anonymous No.15228620]

>>15228611
Yes you can Argie. Dump all your peso's into Link right now.

Even if you think Link is going nowhere, it would still go down at a slower rate than your currency is kek. If you don't want to buy Link, fine, get Bitcoin or something. Just get out of your fucking shitcoin national currency while you can.

$500 of your national currency into a good crypto like Link or BTC could make you a millionaire in your national currency in a year even if Link and BTC just crab for a year.

[Anonymous No.15228627]

>>15228611
why didn't you listen

[Anonymous No.15228640]

>>15228611
You’re one of the few with some foresight. Get yourself some USD, some BTC, and some gold if you can. Do it now before it gets worse.

[Anonymous No.15228641]

>>15228619

Every member of my family works for the state. The same state that I hate and the same state that is going to let me starve.

>>15228620

Already all in. I have 0.1026 BTC and some longs on deribit. Hope its enough. I wont be able to buy any time soon so this is it.

[Anonymous No.15228651]

>>15228641
You'll be fine lad if you've already got that much. Just make sure all your family dumps their savings into good crypto projects or Gold as well fucking ASAP.

[Anonymous No.15228658]

>>15228651

Doing that. Yesterday I told my father an hour before the market opened (and the run occurred) to go all in USD. He wasn't able to buy, the bank didn't let him, the internet page was collapsed.

[Anonymous No.15228669]

convince your family to undermine the functioning of the state in their respective departments

[Anonymous No.15228678]

>>15228658
Can you not use smaller exchanges or crypto exchanges? If your main currency exchanges are getting fucked. Might just have to go all in on crypto. Tell your family to load up on Link and BTC. Both will go up over the next year.

[Anonymous No.15228684]

At least you’re white

[Anonymous No.15228712]

>>15228669

My mother is a teacher and my father is a high tier military. I don't know what you want to sabotage.

>>15228678

Every bank failed yesterday. It was an attempt to stop the run. They bough the dollars of their costumers and they they selled them 4 hours later with a 10% profit, truly fraudulent

>>15228684
At least.

[Anonymous No.15228720]

Fear not... RSV is coming.

[Anonymous No.15228731]

>>15228611
what country?

[Anonymous No.15228733]

>>15228611
you should be ashamed of yourself for posting. have you learned nothing from biz? hedge my nigga

[Anonymous No.15228734]

>>15228712
just buy BTC not shitcoins

[Anonymous No.15228761]

>>15228712
Oh well your probably fucked then for dumping anymore in. Just be glad you bought some BTC beforehand. Keep trying though, better than just giving up.

Now, yeah BTC and Link will probably go up. But I wouldn't long or short with anything but very low leverage, or maybe not even margin trade it at all. Not in your position. You can't afford to take risks. If you get fucked and lose that 0.1 BTC, you can't just refuel with more fiat and try again. You're fucked potentially for life. So safeguard that 0.1 like it is your life anon. HODL it and be careful with it.

I'd suggest maybe putting half into Link, and keeping half in BTC, for a little diversification, and so you can stake the Link and earn some passive income once staking comes out. That way you don't have chip apart and sell your golden ticket satoshi's once you start needing extra cash in your hyperinflated shithole.

[Anonymous No.15228765]

>>15228712
Wait, how can one "buy the dollars of their customers"?

[Anonymous No.15228789]

>>15228712
if you are sure you currency is going to collapse take a loan and buy btc with that money or gold

[Anonymous No.15228791]

>>15228733

Already hedged. Still nothing I can do about it. I will stop dreaming about making and start dreaming about surviving, fuck this country.

>>15228731

Argentina.

>>15228761

Only 0.01 in margin positions. The other 0.10 is in cold storage and will never move that way. Have 10 link for the memes but I don't know if its much or not. Thanks for caring anon. You are truly a fren.

>>15228765

> costumers try to buy dollars
> we dont let them
> we buy the dollars at 51 for them
> we sell them the dollars at 60

truly jeweds and justed.

[Anonymous No.15228796]

>>15228789

Interest rate on a payday loan is maybe 250% annualized or something like that. I can't take the risk to go bankrupt for a gamble.

[Anonymous No.15228800]

>>15228789
>if you are sure you currency is going to collapse take a loan and buy btc with that money or gold
Based.

[Anonymous No.15228826]

>>15228796
also doing nothing is a gample, but i have to agree that amount of interest is crazy.
just sell your stuff and buy BTC with it.
not taking action also bares intrinsic risk

[Anonymous No.15228835]

>>15228791
Ah okay that sounds fairly responsible. Yeah just keep that 0.1 locked up and don't risk it for anything. In fact don't tell anyone you have it either, who knows what mobs of newly poor faggots will do if they find out you have over 1k USD worth of Bitcoin.

And 10 Link kek, you might be one of the only /biz/fags who will actually make it with 10 Link. It could be worth 10k USD one day, and who knows how much that will be worth in Argie bucks. Possibly could be worth more than the 0.1 sat eventually.

As long as you don't risk your crypto, your set to survive hyperinflation as long as you hold and don't try to daytrade and margin trade. You've got good investments, just maintain them and don't lose them at this point. And keep trying to get your families fiat into buying more crypto in the meantime.

[Anonymous No.15228942]

>>15228835

> And keep trying to get your families fiat into buying more crypto in the meantime.

Will do, thanks for everything. Hope you make it.

[Anonymous No.15228957]

[Anonymous No.15229026]

>>15228678
But LINK is a shitcoin? Why would you try to shill a fucking failing shitcoin to someone who obviously needs to get out of a hole.
You are a fucking souless arsehole

[Anonymous No.15229035]

>>15228761
FUCK OFF WITH YOUR SHADY BULLSHIT SHITCOIN SCAM
> LINK LINK LINK LINK
You fucking stonkies need to take a running jump off a cliff
It is ONLY going down

[Anonymous No.15229050]

>>15229026
>>15229035
Either brainless idiot or actual evil anon trying to FUD a poor argie out of 10 Links.

If you actually believe Link FUD you are a moron.

[Anonymous No.15229100]

>>15228611
You unironically have a great opportunity to make it. Your country won't collapse forever but if you have some btc now you can get some opportunties to buy homes or land when the shit really hits the fan.

[Anonymous No.15229181]

>>15228611
If it makes you feel better, here is Venezuela shit hole for comparison

[Anonymous No.15230030]

>>15228611
Move

[Anonymous No.15230448]

>>15229050
I'm just going to leave this here. And you you try to anti 'FUD' this then you will just be confirming that you are on the Sergay payroll
https://cryptoiq.co/chainlink-link-devs-kill-rally-and-precipitate-46-drop-in-price-by-dumping-9-8-million-tokens-around-275-million-tokens-still-held-by-devs-and-350-million-tokens-earmarked-for-staking-yet-to-be-tou/

[Anonymous No.15230765]

>>15230448
Holy shit you're serious, you must be a newfag. Okay let me let you in on a little secret. We knew about the 700k dumps back in 2017. Sergey literally told us before the fucking ICO that he had a percentage of tokens put aside for funding and node operating. These tokens were never even "locked" either. No Sergey has been able to sell whenever he felt like, but he didn't for almost 2 years. No one is fucking surprised, in fact, we are glad because that means there is now confirmed institutional interest in buying Chainlink.

He's selling to Oracle BTW, using Binance's OTC services. He will continue to sell more Chainlink all year as well to other enterprises. It's gonna be funny watching you fags sit in stunned silence next year trying to figure out how Sergey dumping 1 million tokens on Binance per day results in huge pumps of the price.

[Anonymous No.15230816]

I just realized if BTC is a Tether pumped scam that will collapse soob, those fuckers in Bitfinex are actually hurting people who rely on btc’s value to remain high.

[Anonymous No.15230827]

>>15229181
Comparing something to venezuela is dumb as shit because venezuela never had an economy in the first place.

[Anonymous No.15230860]

>>15230816
And every single one of you fuckers who give out financial advice like “just buy btc bro it will definitely go up only!” are fucking irresponsible

[Anonymous No.15230890]

>>15230816
I agree. Also with fuckwits like CSW always causing market scares and implications that he will be selling off many BTC in the future.

>>15230860
But what else can he do? Argie bucks are gonna go through the fucking floor. He can't seem to get USD as his bank wont let him. The choices are Gold, BTC or Link. Every other crypto is a shitcoin scam.

Guess he could maybe try an index fund. But who knows if stocks will collapse soon too.

[Anonymous No.15230922]

>>15228611
Sorry fren, id suggest finding people who aren’t statists. Your family is clearly cucked.
Mind sharing what’s going on in Argentina. All I know is communists were elected. Surprising to me that a population who elected them would then sell everything after they win.

[Anonymous No.15230935]

>>15228611
And for fucks sake. Keep your assets a secret.

[Anonymous No.15230937]

>>15230922
Actually Peronists are Fascists.

[Anonymous No.15231013]

>>15230765
Wow
((BrainWashed))

[Anonymous No.15231027]

I'm scared /biz/
What do I do with all my pesos now?

[Anonymous No.15231057]

>>15231013
Nice argument idiot

[Anonymous No.15231145]

>>15231057
It's fairly simple bro.
>100% premine
>Devs owning more than 60% of the supply
>Devs brazenly shifting wealth from users to Devs
>Several promises of a product that has yet to be seen
>Relentless shilling
All the markers of a scam that is destined to ruin morons like you

[Anonymous No.15231168]

>>15228789
t. Stinnes

[Anonymous No.15231173]

>>15231145
Oh and how could I forget
>NOT decentralised

[Anonymous No.15231201]

>>15228611
If you are an Argenvite Argentine whatever your best bet is to right this moment convert all of your savings out of pesos and into crypto, usd, gold, or any hard asset that will hold value like land, house, etc.

[Anonymous No.15231281]

>>15231145
You dont understand link dumb nigger faggot . Keep watching us moon. I'm gonna enjoy licking ur salty tears

[Anonymous No.15231328]

>>15231145
>>15231173
>premine

What would be the fucking point of mining Link? That would be so fucking counterproductive. Do you even know what Link does? Do you know it's function and purpose? You realize Link isn't a cryptocurrency right? All this shit that applies for Bitcoin and it's shitcoin clones doesn't matter one bit for Link.

The rest of your post just seems delusional and full of pajeet tier FUD. Not even gonna bother.

[Anonymous No.15231347]

>>15231281
Damn is that it then? I won.
Man, biz Link shills used to have way more fight in them. I guess your precious 'bull run' spirit is fading fast, who knows.
One thing is certain though, tears is one thing you one be tasting. But rather the seaman of some grizzly old man's cock as you suck your way back to liquidity after your scam coin takes all you have.

[Anonymous No.15231412]

>>15231328
Lol you realise you are stating my point for me
>Not a cryptocurrency
>Does literally NOTHING (nothing at all)
>Had value based on shills scrupulously shitposting false partnerships
>Value now falling because people are waking up
>Value fading faster because Devs diluting with massive amounts of stored tokens. (For a good reason though right? lol)
Why don't you be a good little Linkette and tell us why it is a good hold then? Hmmm?

[Anonymous No.15231723]

>>15231412
Your doing a good job of larping as a retard in an attempt to get answers as to why Link is so bullish, and I'd have fallen for it too if I didn't use the same tactic myself kek. But I don't like that you are using this Argies thread to FUD bait answers out of me. If you want to know, just fucking ask nicely or lurk in proper Link threads where OG's hang out.

I'll only answer one point there. Yeah it's literally not a cryptocurrency, that's a good thing though. And we've known Link wasn't a cryptocurrency since the ICO as well.

[Anonymous No.15231741]

>>15228791
>Have 10 link for the memes but I don't know if its much or not.

Your percentage gains would be WAY higher if you moved all your BTC to Link. The BTC has to go to ~22K (which should be up there for a brief moment in December or so) to see the gains you can get from buying Link now and seeing it shoot up past 4-$5 in the next week or so and seeing it skyrocket come Sibos in September. Problem is, you only bought for the memes and don't have the understanding of the tech. With no understanding, you won't be able to find to the confidence in doing this. There's a reason why Link is so dominant in threads on this board. It makes blockchain usable in a new way as it monetizes API data and allows them to integrate with smart contracts, creating a new platform of platforms of markets, similar to creating the internet for companies like Amazon and Google to thrive.

[Anonymous No.15231765]

>>15231723
I'm Just trying to save the poor argie from getting involved in something that will only make them more poor. Shame on you. If you are looking to pump your shitcoin, do it on plebbit and leach off the retards. Biz should be for helping anons, not ruining them.

If you are reading this Argie, the LINK shills are bad. Go with Bitcoin only.

[Anonymous No.15231792]

>>15231723
Also, I sarcastically asked for LINK pros. Because you have zero.
Can't fault my cons though, ain't that right pajeet.

[Anonymous No.15231808]

>>15231723
Also..
>OG
Fucking kek. You must be 17yo max. What's this, defend 'my first stack'?

[Anonymous No.15231831]

>>15231741
Don't listen to him Argie.
The LINK shills are going to make you poor.
They are on the payroll to try pump the price with Moronic promise but it WILL dump.

[Anonymous No.15231862]

>>15231328
https://cryptoiq.co/chainlink-link-devs-kill-rally-and-precipitate-46-drop-in-price-by-dumping-9-8-million-tokens-around-275-million-tokens-still-held-by-devs-and-350-million-tokens-earmarked-for-staking-yet-to-be-tou/

[Anonymous No.15231886]

>>15231765
>>15231792
>>15231808
>>15231831
>>15231862
>5 posts in a row
Be honest, how fucking asshurt are you anon? Firstly, a few Argie bucks are never going to pump the Link price anyways. Secondly, we are trying to help him. Why do you insist that everyone into Link is some evil shill trying to trick people. I and many others legitimately beleive in Link, in Sergey and in the success of SmartContracts as a whole.

Also why did you post that FUD link twice?

>>15231741
This. Researching your investment is ALWAYS a good thing. It's a bad idea to buy Link and not research because is so much FUD and disinfo surrounding it, you would sell the first time you encountered technical FUD.

[Anonymous No.15231931]

>>15230765
D e l u s i o n
e
l
u
s
i
o
n

[Anonymous No.15231952]

>>15228611
Most countries will collapse.

We're in the same boat.

[Anonymous No.15231983]

>>15231412
this is bait, stop responding to it

[Anonymous No.15232075]

>>15230860
what elese is he supposed to do you fucking keynesian retard? the jews in his government won't probably even let him buy gold or confiscate it, bitcoin is the only option or maybe you think that his national shitcoin will magically escape shitcoin and regain its value?

This is the fate of every FIAT currency, they are all going to 0 just different timelines, if you'r holding your wealth in FIAT you are a RETARD, let other suckers hld that trash and pay the price when hyperinflation hits

[Anonymous No.15232115]

>>15232075
escape hyperinflation*

[Anonymous No.15232270]

>>15228611
Mira capo, si no es un LARP de un extranjero para llamar la atencion en este tablon de dibujos rupestres, es muy simple lo que tenes que hacer. COMPRA VERDES, LO QUE PUEDAS ni aunque sean 100. Despues, si estas muuuuuy jodido (onda, vivis solo y no podes volver a tu casa) ponete a buscar urgente laburo de freelancer de algo, lo que sea, aunque sea shill de shitcoins para cobrar en verdes, sea a travez de crypto o paypal o lo que fuera. Tranquilo que si vuela todo a la mierda ya sobreviviste minimo una hiper, en el 2002 paso el dolar de 1 a 2,97 pesos (297%) de hecho un tiempo llego a estar a 3,50/70 hasta que se estabilizo 2 o 3 años en ese precio, y si sos zoomer y todavia no habias nacido quedate tranqui que no va a pasar nada grave grave, si conoces este lugar quiere decir que te da la cabeza como para poder timonearla y hacer algo

[Anonymous No.15232419]

>>15230448
Not saying OP should buy link but this is retarded
>link goes parabolic
>literally 500% in the span of a month
>has an obvious drawdown
>this is somehow surprising

Learn how markets work, what happened with link is not unique and I think if the devs were actually dumping link would fall far lower far faster

[Anonymous No.15232573]

>>15229026
>>15229035
>>15230448
>>15231013
>>15231145
>>15231173
>>15231347
>>15231412
>>15231765
>>15231792
>>15231808
>>15231831
>>15231862
Holy fucking SHIT you are one autistic piece of trash.