/biz/ - Business & Finance

[Anonymous No.26046186]

Link marines what's your exit strategy? I was thinking of selling 10% of my holdings at $34 and at every following fibonacci number and then putting the USDC into something like Curve to earn interest (pic related).

[Anonymous No.26046482]

>>26046186
Never sell.
LINK is not a shitcoin. Its moon money.
sellers always regret it.
Always

[Anonymous No.26046554]

>>26046186
$400 has been my target for 2021 since 2018, won't sell any for less, will probably sell 20% of my stack for $400, will use profits to provide SUSD to aave (hedging) and buy a house. I'll probably start my own node with the rest of my link.

[Anonymous No.26046695]

>>26046186
Good discussion OP.
When my folio hits $1m I'm going to "cash out" half.
200k into a bank account to put towards buying a house/condo.
150k into stonks or index funds.
150k into stablecoins to make passive.

The rest I leave in link/eth, as I see them being absolutely crucial to the future of finance.

[Anonymous No.26046790]

>>26046186
>Park x LINK with x different interest generating services
>re-compound 1/3 of interests
>dump 1/3
>>gamble with 1/3
I could stop working but I have an alibi job for free health care and unemployment gibs every six months, fully insured for free

[Anonymous No.26046832]

>>26046695
>The rest I leave in link/eth, as I see them being absolutely crucial to the future of finance.
explain

[Anonymous No.26046850]

I'm waiting to see if there will be a South Korean attack in a week or so, so I can either confirm or reject that supposed time travelling Anon.

[Anonymous No.26046855]

I really don't know.. I have about 3k and got in at $1.15 or so. Just holding for now..

[Anonymous No.26046865]

>>26046186
Why sell when you can just stake and make passive income?

[Anonymous No.26046902]

>>26046186
>Sell 80% at $1K
>Try to swing 50% of that amount back into LINK during a bear market to at least double my original stack amount (plus the remaining 20% I kept)
>Sell 50% of the new amount between $1500-$2000
>Hold the rest for staking or some meme number 20 years from now
Worst thing that happens in this scenario is LINK never corrects properly and I end up with the 80% in profits plus the 20% still in LINK. Even that would be enough to be very rich if LINK hits some insane number like $10K. And even if some horrible event happens and LINK is wiped out, I still made enough selling the initial 80% to be set for life with a modest lifestyle.
The only real pitfall would occur if LINK never hits $1K but even if I waited years then ultimately capitulated at something like $100 I’d be happy with my returns.

[Anonymous No.26046908]

>>26046186
whats the point of selling if youre not buying back in at a lower price?
what are you gonna do with all that cash anyway
also this>>26046865

[Anonymous No.26046954]

When it hits $50: not selling
When it hits $100: not selling
When it hits $200: not selling
When it hits $1000 not selling

I'm not selling

[Anonymous No.26046968]

>>26046186
>selling for nothing (reason)
Are you a retail trader? Trading is your only job? I think no. The best strategy is only selling when you need the money.

[Anonymous No.26046995]

>>26046865
To diversify risk and to protect yourself from a $10 wrench attack.

[Anonymous No.26047029]

>>26046832
Eth is a global computer that will run everything (it already does in the crypto-sphere, see how many erc-20 tokens exist). Link is needed for offchain data.
Seems like a no-brainer to me, but what do I know

[Anonymous No.26047116]

>>26046902
I made this, original without Betrayed us. Btw. Not selling.
>6300% up