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/biz/ - Business & Finance

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18715255 No.18715255 [Reply] [Original]

Is now a good time to go long on LINK on the LINK/BTC chart?

Thinking about borrowing 1 BTC and buying LINK. Liqudation would be at 0.0001905 BTC, but I have 14k links on Coinbase that I can add to the margin account if for some reason LINK will drop below 30k sats.

>> No.18715290

>>18715255
Yes. It will go up forever.

>> No.18715301

>longing scam shitcoin before halving
what could possibly go wrong?

>> No.18715446

>>18715301
what impact will Bitcoin's halving have on LINK?

>> No.18715615
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18715615

Fuck it, I'm gonna borrow 0.6 BTC now and 0.4 BTC later if it drops to 40k sats

>> No.18716244

>>18715446
Considering that this halving cycle, BTC goes down with the same proportion as the 2017 pump instead of going up like every time prior, link should be somewhere in the $0.30 range.

>> No.18716278

>>18715255
>do i buy an asset thats needed for crypto to be more then just trading tokens around
cant believe people still dont understand what chainlink is lmfffffffffao

>> No.18716451

>>18715255
Almost looks like this could either go for an extension higher from here rather than go back to the curve you're speculating on.

Or it could just fucking die and break the curve, lol. What could cause that? BTC going parabolic maybe.

>> No.18716496

>>18715255
I did the exact same thing last night, crazy. Liq at 32K sats, borrowed 1.4 BTC worth.

I think we'll go to 40K sats at the absolute lowest, before hopefully getting some decent news by mid May. (//////////////////////// & Irishman breadcrumbs)

>> No.18716532

>>18716496
Same, around 40k sats, depending on where btc is, I'll convert my btc for more link.

>> No.18716540

you idiots have one thing to do,buy and hold. Why do you wanna get sucked into defi trap?

>> No.18716569

>>18716496
>>18716532
pls explain for a retard how to margin long on binance. I have 25k usdt. How many linkies can i borrow?

>> No.18716576
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18716576

>>18716244
>Considering that this halving cycle, BTC goes down with the same proportion as the 2017 pump instead of going up like every time prior, link should be somewhere in the $0.30 range.

>> No.18716583

>>18716532
>>18716496
like, broadcasting where your liq is and where you think the bottom is, a good way to try to get faggot whales to incentivize pushing price lower than those regions.. Unless that's what you're planning which in that case good job, LINK whales are some of the most easily corralled in the space because of their reddit-tier pseudo-intellect

>> No.18716599

>>18715255
>14k on coonbase
>topkek

>> No.18716646

>>18716569
Margin is for borrowing against an asset (Not dollars) So either buy some crypto and borrow more, or take your $$$ over to Futures.

Good Luck

>> No.18716657

>>18716278
that can all be done without a token system (Open Oracle). Open Oracle already medianizes sources. Link tokens are literally just assuming people are too dumb to trust the sources they pick.

>> No.18716696

>>18715255
What indicators are those? How do I get that chart?

>> No.18716698

>>18716646
alright, so i should buy 7k linkies and this will allow me to borrow more? how many?

>> No.18716775

>>18716698
I think on binance you use your own crypto as margin so you can take leveraged positions and those are settled in the crypto you're using..

research it because you're gonna get wrecked if you start trading leveraged futures as a newbie

And I don't know, I think binance offers x125 leverage, so I guess you could take a position equaling 875,000 LINK if you're insane, lol.. someone correct me if I'm wrong

>> No.18716909

>>18716583
I'm actually thankful for faggots posting where they are going to go long because you just know the whales won't let it get there. It's much more difficult to liquidate them than to just straight up not allow the price to get there in the first place. At least it stops the dump from continuing. Thank god for retards

>> No.18717138

>>18716583
>>18716909

You guys think whales monitor this board 24/7 to specifically identify NEET entry and exit points on a coin with hundreds of millions of daily trading volume? Just to try and Bog them on a coin with a billion dollar marketcap?

>> No.18717164

Now is not a good time to buy like shit is going a lot lower don't fool yourself. In a month 32000 will be a good entry.