/biz/ - Business & Finance

Up 95% in a month but its crashing?

Google partnership confirmed fake and Coinbase plus other exchanges have a article saying the $20 dump was caused by devs.

>>21612533
relax friend, use this opportunity to buy more before it pumps above $20

>>21612533
We're crashing BECAUSE Smartcon is literally 10 days away. Market always does this during LINK presentations, because of pic related.

Buy the rumor, sell the news

>>21612533
what part of smart "con" do you not get

>>21612533
we are correcting, it’s fine and smart con will be another nothing burger that won’t pump the price.

>>21612592
Up 95% a month but is crashing?
Up 85% a month but is crashing?
Up 35% a month but is crashing?
Up 15% a month but is crashing?
Up 5% a month but is crashing?

Up.. wait.. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>21612833

>>21612639
They are implying it was the devs but they have no idea. Can you confirm it was the devs, sounds like fud.

>>21612639
The Google thing was already known and did you actually read the article?

>>21612533

To get rid bitch ass weak hands

>>21612533
Why are we crashing?
Because Smartcon is literally 10 days away.
ftfy

>>21612533
>crashing?
Every single person who thinks it is crashing is a retard. It had never been this price 1 week ago, ever. You are a retard, zoom out

>>21612533
its always "why are we crashing" not "why are we mooning" ask the real questions OP

If you're still in link get out now

>>21613463
kek everyone decided this is it

>>21612833

>>21613463
Strong buy signal

i should have sold when it wouldn't go up. fuck!

>>21613463
Transferred from where to where?

>>21613463
Sergey is dumping from his secret wallets again. It's over bros

>>21613679

>>21612533
We're selling for Suterusu. ;)

>>21612833

i am selling at 24.90 next time

This dip is tasty for acquiring a small sum of linkies for 10 years from now.

>>21613730
Bet you won’t

This isn’t even a big dip. If you guys can’t handle this I don’t know what to tell you.

How does 5 years sound?

>>21613818
>he thinks it's over
Remember, people were saying bitcoin was just a small dip, nothing out of the ordinary

>>21613463
Can someone correct me if I’m wrong here, but I always wondered if whales moving their stacks could sometimes be because they are bringing their chips to the poker table, anticipating interesting price action, rather than necessarily always that they are about to market sell the lot in the most destructive fashion? Even if you were about to dump, wouldn’t you try to do it with a little more finesse than just ploughing a big red candle to the bottom of the ocean? How can we know the big red candles aren’t just cascading stop losses and weak hands panicking, rather than whales suddenly being idiots and market selling to the last fibonacci?

>>21613670
All to exchanges

>>21613463
Aftyer seeing this, I HAVE to dump guys, I cant lose anymore of my gains. Its apparent the market is taking a huge hit right now. This could be historic

>>21613863
you don't fucking sell at the low. Buy more

>>21612833
based

>>21613863
Do what you have to, but set some alerts up bro, I give it two or three weeks at absolute most and everything will be back up, even corona crash lasted barely a month before everything recovered (except xrp of course, which is yet to recover)

>>21612833
holy shit he's right! Just doubled my stack

>>21613463
HOLY SHIT, so man whales dumping that aren't even on this screenshot. Yep, parties over fellas.

150x ico. lol. buy ARPA or wait for Bella.

>>21613818
Let's see how you're feeling after a year of tree fiddy.

>>21612953
I got a new in box sealed version of this. Wanna see a pic of it?

>>21613855
When this reaches Bitcoin numbers then I might get scared.

>>21612533
WHAT THE FUCK WAS THAT

Realistically, IF Link were to dip, I can't see it going below $13. This is just a big fud. Everything is going down right now. If you have been trading for over a year then you would know that after a market dip is a big bull run

>>21612953
Fuck it i'll show you anyways.
Got it as part of an inheritance package from my grandfather

>>21614456
Bunch of lightweights. The entire market is down.

>>21613463
so many people are FOMO'ing at the project, it would just be eaten up if they did decide to dump

Linky staying stinky

>>21612533
it's interesting that it's only "smartcontract0", essentially just a trial run, and it ended up coinciding with covid, so it ends up being a virtual zoom thing instead of an actual meetup. The actual SmartCon 1 will be a live meetup, and should bring a lot more people to the event, networking, booths, bankers etc. the pump next year will likely be even bigger.

>>21613857
you have to remember that the 'whales' themselves usually aren't actually making or filling orders on the exchange, they usually will offload stuff to an otc desk. the desks will exit positions pretty carefully although sometimes it does actually make sense for them to market sell a fair amount if they think there's a lot of sell pressure and could be a stop loss cascade

>>21614469
kekked and lost

>>21612533
I've just about mcfucking had it.

>>21614739
Cool, that’s not too unlike what I imagined. I just see a lot of correlation between whales moving big stacks and then large, sudden drops and I was wondering if it’s not more likely the whale sold during the crab leading up to the drop and then nubs like me with stop losses formed the niagara fall.

Whats the difference between Ethereum and Link? Isn't Link just an ETH token? What makes it so special?

>>21614931
Eth is links daddy

>>21614931
chainlink is the fuel nasa is currently using in their rockets

>>21614875
if you ever look at the 1m or 5m charts during a dump you can see it, you have a few small high volume red candles, each one bigger than the last, and then it just explodes down. that's the stop losses being triggered or panicky otc desks getting out of their positions

>>21614931
3 years

>>21614931
do about 10 minutes of reading the white paper and come back when you learn.
Or put that exact question into google

>>21614981
But I trust you guys more.

I’m fucked. Bought at $18 for the first time ever.

good to hear Sergey has upgraded to Comic-Con booths over toilets.

>>21614870
kek

probably cuz the insiders know staking wont be unveiled

>>21615036
Hold. You know you can. They may call you delusional, they may call you retarded. But when it goes up, only you and are the other hodlers can say you're making it.

Buy the D I P

>>21613011
Then the FUD is working flawlessly. Newfag bagholders who just bought the pump isn’t going to read something like that and hold. A lot of OGs are taking some profits as well.

>>21615153
Na just buy back in a couple of links

>>21615242
>A lot of OGs are taking some profits
pathetic

>>21612639
The article was written by a retard if you read it.

>crashing

You'd have to be the newest anon imaginable to think you ought to sell now.

after I panik sold at 16,66 I have finally got back 90% of my linkies
Any way to strengthen my hands and HODL better?

>>21615402
Put it in a wallet and forget about it for a while.

>>21615424
Unironically good advice
https://en.m.wikipedia.org/wiki/Stanford_marshmallow_experiment

>>21615402
>>21615424

^^^ Put it in a wallet and stop checking Blockfolio every 30 minutes. Let that shit sit for a year. We'll be somewhere between $100 and $1500 1 year from now.

>>21615323
>You must be a newfag to buy low sell high

>>21612533
Wish I knew man

>>21615482
>A replication attempt with a sample from a more diverse population, over 10 times larger than the original study, showed only half the effect of the original study. The replication suggested that economic background, rather than willpower, explained the other half.
LOL NIGGERS GET A FREE PASS FOR EVERYTHING

>>21612533
ZOOM OUT YOU FAGGOT
https://www.youtube.com/watch?v=MIyBFNjc1kY
ITS MONKEY SEASON $1000 EOM LETS FUCKING GOOOOOOOOOOOOO

So buy more for when it pops off again in 10 days.

>>21615402
I recommend jelqing

>>21615402
Stake it for interest on crypto.com so you physically CAN'T sell it until the term ends.

Newfag here. Bought at $16 and every time it goes below that, I buy more. What's the fucking point if you're going to be a pussy about it?

>>21615902
You got the right attitude.

>>21612639
I believe the dump was caused by devs, but I also think that't bullish as fuck because they'd likely be reinvesting the money into the project.

>>21613022
Based

>>21615242
>A lot of OGs are taking some profits as well.
Lol no they’re not

>>21613499
Checked

>>21612533
You just answered your own question.

>>21616953
oh yes we do. Sold 75k Linkies yesterday. 20k left for the lulz.

>>21612533
https://www.investopedia.com/terms/p/pumpanddump.asp

>>21618163
Post proof

>>21618163
post trade

>>21615761
Mewing too, makes breathing through the nose easier if you're a mouthbreather

>>21618227
post vagene

>>21618222
>>21618227

>>21612533
smart money already sold, only dumb money left in link

>>21612533
we're giving nulinkers a chance to get in before we launch

>>21616493
wtf how did this get pinned?

>>21618323
Based retard

>>21614931
>Whats the difference between Ethereum and Link?
Ethereum is a subset of Link

>>21618323
You don't regret not selling at over $19 and missing out on $200k?

>>21618602
nah dude, i got 1.2 mio USD with 300k in LINK left. Ive been holding for close to 4 years and this is enough for me to live a happy life.

Sure, i can always be richer.

>>21618648
Congratulations man. Just a shame I guess. Were you watching it at $19 and considering? or was it the dump since that convinced you to sell?

>>21618676
Yeah i thought about selling at 19$, then i went to sleep and woke up at 16$. Since i wanted to stay a millionaire, i decided to sell just as much to keep it that way (eurofag).

The 20k LINK ive left will not be touched before it reaches at least 60$.

>>21618602
>>21618384
Morons. Unless it's a screencap taken from an exchange app its literally always an inspect element larp.

>>21618743
I did the exact same thing. Was so close to pulling the trigger at $19.50 and decided I would sleep on it and sell in the morning.
My stack is significantly smaller though, so I was only planning to sell 25%, but seeing it drop so much has led me to just hang-on to it. Ill likely sell if what I had planned to if we hit $19 again anytime soon, but otherwise I guess ill just bag-hold for another 2 years.

>>21618754
fuck off tranny

>>21618842
> millionaire
> has to set an alarm
Yeah larp.

>>21618865
sure, in india, you can stop working if you are a millionaire, but not in my country.

Go back to your shithole pajeet.

>>21618892
Buzz buzz wagie, online larping isn't an excuse Mr.Steinstein will accept.

>>21618865
Major cope

Even if it goes to 20 again, lots of sells gonna happen just to get back the 18 and 19 buys. So the next dump gonna be even worse

>>21618842
>He market sold

>>21612681
not this time

>>21615006
well we cba

>>21619121
brainlet

>>21614931
Read the whitepaper

>>21612833
fucking made me blow hot coffee out my nose

>>21613463
80k link considered a whale now

Topkek

>>21619508
Check ethplorer. My rank has gone up 100's this last week.
>Gone up 3 ranks in last 20 minutes

>>21612533
>It'll go up at Smartcon right guys!?
Read that out loud. Very slowly.

Rug pull like the which you've never seen before.

>>21613863

So, assuming it was actually devs causing the pump...

When the team dumps is a scam, and when the team buys is a scam too?

>>21614469
Good on you. I'm guessing the old fashioned couch it is laying on also came with the package?

>>21620126
Depends what they spend it on.
If they're paying for better equipment to host Smartcon with, or to hire more staff because staking is going live? Bullish
They may even invest in some new slides.

But if he's just buying more of those fucking 'sergers', it's over.

>>21619816
what rank range are we talking? how many link? cause I'm in too 200 & I've gone DOWN a few places as of yesterday

>>21620264
I was about 400 a month ago and was 360 when i sold

>>21618842
Nice. Another weak hand shaken out, as was prophesied. The road to $1000 just got a little clearer

>>21614931
eth is roads
link is cars

>>21615242
top wallets are buying more. weak handed cucks are selling
ngmi

>>21615036
Fucking hold and eat the fud brother, relish in the fud

>>21620307
well looks like the people above me bought your bags. congrats on being shaken out

>>21620175
They are hiring 20 more staff

>>21620527
its ogre, they need it more than i do

>>21620484
Whats this site

>>21620572
B U L L I S H

>>21620572
My rumor says its 40....can you pls sir post the actual first world news source hypertext protocol weblink that can verify the truth of what your truth is? Thank you in advance kind sir.

>>21613958
The only sack I'm dumping is the one I dump into her, if you know what I mean

>>21614931
The good convos about link and what it is are long gone fren. I’m a retard so I don’t want to explain and get roasted. However I can assure you this question can be answered with a little research.

>>21615402
What this anon said buddy. That’s it. Maybe keep a small % on an exchange if you feel the need to swing but never even swing 100% of that stack.

>t. Lost 4K linkies trying to swing when I was a nufag

>>21615902
Wow, you are loosing -5% of your investment, meanwhile we are loosing hundreds of thousands of our gains

>>21621642
>>21615402
I mean listen to this guy >>21615424

if i save dont touch 10 linkies for 4 years will i make it
t.poorfag

>>21615889
Do you do this?

Is it 100% safe> The ROI seems too good to be true.

>>21614469
That’s a board game not a book like the first picture.

>>21612533
It is the dump to shake out weak hands in the next pump. They want their Link back, how many of you decided to sell all or a portion on the next run up to $20? My guess is many, their strategy is working and those that take profit be content with it and don't cry later you were scammed.

>>21621839
Its not 100% safe but they are one of the bigger cryptos around with legit working products, i have some link on there and some on binance, interest rates arent huge but its nice to get those few extra link while im waiting for it to go up.

>>21621900
Nice good stuff. So you also stake on binance?

Not buying back in till 12$

T. Smart person

>>21618842
based

>>21621878
>they want their link back
Who? Why do you keep talking like link is some magical currency where whoever collects the most wins? Imagine if I just walked around with all the Monopoly money in the world on me do I suddenly have some astronomical value on me? How the fuck can you make a profit if you buy something and never sell? You people are fucking troglodytes

>>21621944
greedy

>>21621937
Yea, they both offer flexible staking which means u can withdraw at any time, crypto.com has locked stacking but its only really good if u have a bunch of CRO already so you get the better interest rates. As i said though interest rates arent huge but to me its better than nothing and i just had a bunch sitting on exchanges anyway cause im lazy.

>>21621979
>Why do you keep talking like link is some magical currency where whoever collects the most wins?
Because that's exactly what it is

>>21618842
Hahahaha you sold your 2 years old stack for PENNIES ?? Before the conference and GPI Link ??? I hope you wont end up swinging

Thanks, I just bought more

>>21622435
i bought the ICO, went all in and held for close to 4 years.
I already made it and still have 20k Linkies left in case it moons (and it will, eventually, be worth 100$+).

> completely forgot SIBOS
Yeah nice conference. I was there when the SIBOS dump happened and i held every single linkie.

> selling for PENNIES
13000% up but i cant take profit? I have enough money to bang hookers until my leftover stack is worth more than the million i took out. Cope harder with your 10 link stack

>>21622545
i have 1500 to my name, is it wise to invest everything once it dips again to $15

>>21621979
They are those that are behind Link. If you don't understand Link is backed by Swift and the 11,000 Banks that make up the consortium, you are a newbie. Staking creates passive income or you can take profit, the key is when? This was all made clear a couple years ago. Those Bankers/Swift know what kind of value Link will be worth, who do you think drove the price up the past month? Swift and company. At least they are paying those that sell a nice return. Many will sell on the next run up. Hodlers sell and they get their Link back for $20 that will eventually be worth 10x that. Win - win, kind of.

>>21622545
unironically smarter than 99% of /biz/tards. Mirin', based and redpilled

>>21622545
>made it
>still wage cucking

>>21622611
nice dubs.
Its hard to tell whether 15$ is a smart entry at this point. My bet is that it will retrace to the daily MACD(25), which is about 12$.
>inb4 muh TA kek
But my advice is as good as anybody's.

>>21622545
greed larp
typical sell signal

>>21612533
the post conference dumps have been getting earlier and earlier every time

>>21613924
>he thinks this is the low

>>21612833
wtf

I sold my 275 at $15.80.

Feel bad though. If it drops under 14 I'll buy back in

>>21622948
I've seen this one before, except it was at $9.20.

>>21614978
>you have a few small high volume red candles, each one bigger than the last
what does this mean?

>>21613463
sorry man I had to buy a house car and pay tax but im keeping the other half of my stack until $1000 of course

Nothing is pumping, or dumping, based off of fucking conventions, come on, stop being so new.

>>21623516
>Nothing is pumping
My village laughs at you sir