/biz/ - Business & Finance

[Anonymous No.23496749]

/BIZ/

I've been on 4chin since I was 13. I've been a /pol/tard for most of the time, but I found your board in March this year right before I turned 18. I've got a decent job right now as a reservist but I think I'm going to try and commission.

The ride's been fun on here but I don't want to fuck up anymore. Most of the time my intuition makes good calls early on but then I never sell at a profit and I land on the other side of the hill at a loss. I just checked uniswap and I got that sweet airdrop for 1600 CAD but it's a shame I didn't know sooner.

I've put in 6000 CAD but I'm down to 2500. I just want to break even, /biz/. I lost like 3k on ESH (Ghost), didn't sell at 4.00 after buying at 80c on UNIFI (down to .22) etc. Everything else I turn a meagre profit on that's around 200 CAD profit, which at the time with 40 gas fees wasn't much.

Do I buy trendering and figure out how to use it? Is that the solution? Do I just keep the 2500 as eth for now and exchange for dai once it's doubled? If I make 7k from the 2.5k I will be happy, considering I will have a stress free 1k to really learn the ropes with. Do I just learn TA? I believe the problem of not pulling out profits soon enough is due to not putting enough capital into a position to begin with, but I feel uneasy putting any more money than I already have.

[Anonymous No.23496783]

>>23496749
Buy chainlink.

[Anonymous No.23496808]

>>23496783
Unironically this. And stop browsing /pol/

[Anonymous No.23496859]

>>23496783
Fpbp

[Anonymous No.23496875]

>>23496783
Why are many confident with this? Others say it's useless and can be replaced.

>>23496808
I was already at unease with the way some things were heading by the age I found /pol/, the board just enabled me to see with more clarity and breadth.
I can understand why it may be seen as nothing better than a news aggregate at this point and moreso a waste of time, but why do you say to do so?

[Anonymous No.23496918]

>>23496749
holy shit man why would you fall for ghost.. mcafee literally got paid to say it's his coin or something
see i don't even know what it is and know it's a scam

[Anonymous No.23496927]

Also, with LINK, wouldn't it make more sense at my age to find a different coin to help accumulate more funds into it later on? 2.5k into it is not much.

[Anonymous No.23496954]

>>23496749

imagine losing money on the fastest appreciating asset class on the history of mankind

fucking retard. I have been browsing /biz/ since I was 15, entered the market with $100 and now 4 years later I have $20k. If you aren't making money on this market then there is something wrong with you, who the fuck doesn't.

[Anonymous No.23496957]

>>23496927
yes it would, but I'm not going to spoonfeed you
teach yourself economics and how financial markets work then go out and find a gem with a good team and low mcap

[Anonymous No.23496964]

>>23496918
t'was my first coin haha. Absolutely no knowledge or previous involvement with crypto prior to that first week I browsed in march where the gsgs were being baked daily. I was up 2k mind you. Bought at 1.70 and saw it do the meme dip the day I was out and about.

[Anonymous No.23496970]

>>23496927
Smooth brain logic.
The rate of return of any coin is the same if you have 500 or 500,000 to invest

[Anonymous No.23497001]

>>23496970
No you faggot. If I had 2.5k today and put it into an alt that net me 100% profit within a week, where link would have maintained its value over the span of it, I'd have 5k to put in instead of 2.5k That's what I'm saying.

[Anonymous No.23497103]

>>23496954
if you were browsing /biz/ that young you're a soulless jewish faggot. here's your /you/

[Anonymous No.23497146]

>>23496749
just stop gambling you degenerate zoomer.

[Anonymous No.23497278]

>>23496875
We're so confident in Chainlink because for the last 3 years biz has done some extremely in depth research and analysis of the Chainlink project. And with everything taken into account, Chainlink has the potential to be bigger than any of us can imagine. Read about the 4th industrial revolution, and the way smart contracts tie into it. Look into the team, and the high level connections with industry leaders. Sergey is fucking brilliant, listen to some of his talks and presentations.

https://chain.link/

[Anonymous No.23497296]

stop gambling.

BTC
ETH
LINK
XMR

no other coins

[Anonymous No.23497308]

>>23497146
I could always have it worse, like get rugged by a pajeet clone scamcoin.
I just don't want to make a bunch of small fuck ups that add up and eat the rest of what is left anymore.

[Anonymous No.23497312]

>>23497278
Chainlink will eventually be obsolete. It's intended to translate off chain contracts to the chain. Eventually, the contracts will be written directly on chain, so chainlink won't be needed.

[Anonymous No.23497321]

>>23497296
>XMR
What happens if it gets banned? Best case scenario is that it does become traceable, so governments won't see it as tax evasion scheme, but then that defeats the purpose of it.

[Anonymous No.23497325]

>>23496749
>he was 13 after 2011
repent zoomer

[Anonymous No.23497393]

>>23497312
>Eventually, the contracts will be written directly on chain, so chainlink won't be needed
What?

[Anonymous No.23497417]

>>23497278
>>23497296
The concern here is moreso that I don't have enough capital to gain any substantial return on LINK, rather than a lack of faith. I'll look into it further.
What about DFOHub? The project is made by devs that worked on ETH previously.

>>23497325
Jokes on you, I have more years to live than you. Maybe. You're not an amerifat are you?

When everyone on this board is saying to stop gambling, do you meant to swing trade on the top 5? or hold for a long fucking time. In which case, my concern still stands.

[Anonymous No.23497607]

>>23497417
>The concern here is moreso that I don't have enough capital to gain any substantial return on LINK, rather than a lack of faith
Understandable, $2500 would get you about 200 link right now. which obviously isn't enough to make it. But you said you'd be happy just to make your $7k back. That would mean link needs to hit $35. Thats a very realistic price for link to hit within the next 12 months. Sure, you can chase a quick 10X gambling on shitcoins, but link is a way safer bet

If I were you, I'd go all in link right now and continue to build up your stack. Shoot for 1000 or so and youll set yourself up for some nice gains in the coming year or 2

[Anonymous No.23497613]

>>23497278
Also, isn't the fourth industrial revolution getting pushed by the same globohomo fags that are pushing for 'a hard reset' brought on by covid, and a model of governance similar to China's?

[Anonymous No.23497885]

>>23497312
Legacy systems stick around despite new tech. Chainlink will have a utility, question is which timeline are we in, as that determines it value.

[Anonymous No.23497918]

>>23497613
yes

[Anonymous No.23498015]

>>23496749
farm the stack on something like value defi
dont make any trades you obviously arent cut out for this

[Anonymous No.23498148]

>>23497918
Is this bullish or bearish for chainlink
Wouldn't there be pushback for such a system

>>23498015
that's what I tell the faggots over at /ic/ but then they go and improve on me
some of them at least
give it time

>>23497607
Sounds quite reasonable actually. Thanks anon.

[Anonymous No.23498282]

>>23496749
>Most of the time my intuition makes good calls early on
The rest of your post says that is wrong. If you made good calls you'd be making money. Don't delude yourself.
buy some safe coins, firget about them, and go start a business

[Anonymous No.23498543]

>>23498148
>Is this bullish or bearish for chainlink
when you start researching chainlink you come to certain conclusions that show you the importance of a network like this to crypto as a whole.

Then if you go deeper you run into shit like this

[Anonymous No.23498552]

>>23498543
Klauss has a clear definition in his mind of what the Fourth Industrial Revolution will be, and a very clear idea of how it can be used to control the people

[Anonymous No.23498570]

>>23498552
Of course there's no guarantee his plan will come to fruition, but if you had to bet on whether the NWO would realize it's goal, would you bet for or against it?

[Anonymous No.23498603]

>>23498570
I dunno about you, but (((they))) seem pretty dead set on this Great Reset

[Anonymous No.23498814]

>>23498282
it has, save for the initial fuck up with esh. I started off by FOMOing into a coin that had already run its course, but as a newfag I didn't understand any of this. I dug a hole and greed made it so that I wanted a single entry for a ticket out of it, and so never sold at an appropriate time. 200 profit is nothing when the feeling of your first 3k loss is weighing down on your conscience. Even 1k didn't feel like enough.

>>23498570
>>23498603
The moral side wages for the freedom of the west and the undoing of damages wrought on by immigration and cultural nihilism. The reality is most likely far more grim however. I ordered a copy off of amazon.

[Anonymous No.23499710]

>>23496749
wait for API3

[Anonymous No.23500182]

>>23496749
XRP will set you free.