/biz/ - Business & Finance

>>28647701
Sgt Armadillo should update this picture. Tweeter fags, go ask him.

Hey anons. I know this dump is stressing people out more than any that have come before. That's because we're dealing with real, life-changing amounts of money now. Most OGs are sitting on a quarter million in link profits.

I think the main thing to remember right now is, we are not even at *half* the previous all-time market cap for crypto as a whole. Not even half. If you think 2018 was the all time peak, then okay, sell. If you think crypto will eventually surpass that, it seems pretty stupid to sell now. If link maintained it's current rank, it would be worth 30$ then. That's a pretty conservative price target and I think it's pretty likely we'll hit it in the next year or so. But, by all means, take profits if you really need to for your own wellbeing. Try to think as clearly as possible and make the right plays. I hope we all make it, good luck frens.

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Usual bullshit:

As always, the point of this chart is just a simple thought experiment: "What would the price of LINK be if the crypto marketcap was X and link was at rank Y?" This isn't meant to be predictive, I'm not saying we are gonna hit a particular rank/mcap, just putting some perspective on what it would take to get there.

In addition to the price of link at the % dominance of current coin ranks, the rows with the price of link if it hit the historical % dominance that different altcoins (BCH, XRP, ETH) hit at their respective peak % dominances. Note: not peak price, peak dominance.
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