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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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19821657 No.19821657 [Reply] [Original]

I have reason to believe LINK will moon next week. I am new to Aave and want to maximize my potential LINK returns. I have $3500 in fiat to invest. Would taking out a loan on Aave be the best route? Is there anywhere I could do non KYC leverage trading? Help a poorfag out please

>> No.19821681

Everyone knows about the BSN announcement Tuesday.

>> No.19821700

>>19821681
You think Biz and the echo chamber on Twitter are representative of China? I’m willing to bet there will be a pump

>> No.19821805

>>19821700
It's old news, there was CoinDesk article a month ago on it too. We're waiting for actual adoption now. Don't get me wrong, I'm incredibly bullish right now with Sergey's staking talk a couple of days ago but I wouldn't be surprised to see it go sideways for a while longer.

>> No.19822815

>>19821657
HOLY SHIT ITS REAL

>> No.19822918
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19822918

>>19821700

Listen dude. I've never fudded Link in my life. I'm all in, but one thing I've learned over the past 3 years is that when Link should pump through the stratosphere it dumps. Any good news means a 10% drop. Something this big... expect a +20% drop.

>> No.19824038

>>19821657
nice Toyota homie

>> No.19824047

>>19822918
That picture should be removed and whoever posted it banned for life

>> No.19824138

>>19821657
Heh I made this meme

>> No.19824250

>>19824047
Why do you hate the Canadian Prime Minister?

>> No.19824934

I remember thinking those cars looked cool back in the day. Look like shit now..

>> No.19825507

>>19821657
You can leverage using aave
Purchase link with your 3500 fiat
Deposit link
Take loan in DAI with your deposited link collateral (let's say 1000$)
Use 1000$ in DAI to purchase more link (~250)
Now if link moons to say 8$ you can sell 125 link to pay off your 1000 DAI loan and keep the rest

>> No.19825589

>>19824047
Terrible bait try harder