[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 92 KB, 401x299, q2o8f.jpg [View same] [iqdb] [saucenao] [google]
17310412 No.17310412 [Reply] [Original]

Would I be insane to place a buy order for 1000 LINK at $3.90?

I can't stop thinking about Chainlink, and I only have 135. I guess this is a FOMO, but if I miss a 10x from here I'm gonna be suicidal

>> No.17310444

im literally retarded and even I KNOW this is a horrible idea

>> No.17310461

Yes, you should buy kleros.

>> No.17310485
File: 1.17 MB, 654x732, Pillarmen.png [View same] [iqdb] [saucenao] [google]
17310485

Just dollar cost average friend.

Look at the LINKBTC tradingview chart use the percent measure tool and look at how much link can dump.

It pumps hard and it dumps just as hard friend.

I would recommend due caution and dollar cost average. Link is on a strong WEEKLY uptrend so just buying maybe 100-300 dollars worth every week will be much more mentally sustainable then buying all now and then on the chance we do crash 30-60% panic selling.


Dollar cost average friend

Also YOU HAD 3 YEARS

>> No.17310509

>>17310485

I only just came to the board.
Dollar cost averaging makes sense for something like BTC.

But we know the GBR is starting soon, if not already, and if I dont go in now I could miss huge amounts of gains.

>> No.17310598

>>17310509
If you truly understood link you’d go all in, sell all your possessions, and put every penny towards link. Many did this in 2018.

>> No.17310623

>>17310412
If only it would be possible to analyse the chart to find the least risky entry, with a way to secure your funds should your analysis be wrong.

>> No.17310676

>>17310623

I know what youre talking about, but I never have actually done it. Would you spell it out for an anon who has only slept 8 hours out of 48 and is lacking processing ability?

>> No.17310697

You had a reasonable amount of time to purchase link at prices below $1 just saying :/

>> No.17310742

>>17310412
>if I don't make 10k dollars I'm gonna be suicidal
Have sex

>> No.17310758

>>17310412
If you missed BTC, you buy ETH, if you missed ETH, you buy LINK, if you missed LINK you buy ARPA. That is the natural order of things

>> No.17310874

>>17310509
We're not in a another golden bull run yet. If we were you would know, because we would all be a lot more fucking rich as we speak. You're also assuming that will happen soon (probably because of the halving), which isn't a guarantee either. We're still in a bear market and might be for a while, so I wouldn't worry about missing huge amounts of gains anytime soon. Also, placing an order on LINK right now when it's been trending downward, and is likely going to dump more, is a very bad idea. You still have time if you're that determined to invest in LINK.

>> No.17310898

>>17310874

Thanks for easing this troubled mind anon.
But it IS up 900% in 12 months. My money now gets me 1/10th of what it would have got me a year ago. Thats what made me scared to miss out. Its dumping here and there, but only little bits. overall trend is up up up

>> No.17310916

>>17310898
You should be worried, bro. We're definitely never going below $4 ever again, literally NEVER. And this time next month the new floor will be $8, at least. You are simply running out of time :/

>> No.17310923

>>17310412
Try 3.90 and 3.75. It should dip after the announcement chat later today but recover soon after that

>> No.17310941

>>17310923
uh nope. $4 floor is literally impenetrable.

>> No.17310976

>>17310923

$3.90 and $3.75? How does this work? buy at both points?

>> No.17311004
File: 1.04 MB, 628x946, 1540467197057.png [View same] [iqdb] [saucenao] [google]
17311004

I've only ever market-bought my shit. Have I been doing it wrong this whole time?

>> No.17311017
File: 8 KB, 250x250, 1581804408828s.jpg [View same] [iqdb] [saucenao] [google]
17311017

>>17311004
no fren. you've been /based/ this whole time.

10,000 at $0.15

>> No.17311031

>>17310598
this desu
>>17310412
its not going below 4 ever again

>> No.17311057

>>17310412
> I guess this is a FOMO
You have nothing to miss out anymore, you're 2 years late for the party. Buy XRP instead.

>> No.17311101

>>17310412
You should, massive dump incoming and whales are going to swing. There wont be another chance like this.

>> No.17311128

>>17310874
We have been in a bull market for a year since BTC bottomed at $3k

>> No.17311535

>>17310676
Well if you know nothing about it, then I would just buy dips. Right now i'm looking at 3.60-3.40 as an entry

>>17310898
Drop that kind of thinking, it serves you no good and leaves you prone to fomo, which you clearly have. A retrace follows every pump, enter on the retrace if you miss the pump.