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/biz/ - Business & Finance

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28779777 No.28779777 [Reply] [Original]

>tfw too scared to use my 10k LINK to leverage up
>probably missed out on a ton of gains

why am I like this...?

>> No.28779875

>>28779777
You absolutely missed a tonne of gains. Still 10k is completely fine.

>> No.28779894

>>28779777
Same. I imagine the exchanges bugging and making people lose their collateral to make myself feel better about it

>> No.28779899

How'd u do it if u had balls?

>> No.28780149

>>28779777
checked
since you got those digits ill throw you a bone
if you want leverage but dont want to be a leverage trader
>deposit link on aave
>take out loan for 100k usd
>buy 100k worth of link
>your liq is sub $10
>just repay loan after link moons
>keep the difference
ez money anon if you just take it slow and buy every dip you can start to multiply your satck rather safely

>> No.28780298
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28780298

>>28779875
>>28779899
>>28780149
I didn't have enough trust in DeFi back then, still don't have a lot of faith in it
next cycle...maybe next cycle I'll do it

>> No.28780693
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28780693

>>28780149
What about the interest rate though?

>> No.28781288

>>28780693
Yea these tards are forgetting someone borrowed all the stablecoins on every protocol and interest rate like 60% APY

>> No.28781689

>>28780693
>>28781288
What about compound, did any of you guy have used it? APY there is in the 15% range

>> No.28781853

>>28780149
>do this last feb when link was @$4
>health factor of 3, totally safe
>march comes
>get liquidated
>reduced to running endless pump and dumps on /biz/

fuck you

>> No.28781923

>>28780693
damn he needs to eat something

>> No.28781990

>>28781288
>using variable API
What kind of faggot would do this?

>> No.28782069

>>28781990
I’m seeing 60% stable on AAVE.

>> No.28782205

>>28781689
Compound doesn’t use chainlink oracles. You’re playing with fire at that point.

>> No.28782452

just hold your links bro. all this staking liquidity shit is suspicious as fuck. one day lots of people are gonna get burned

>> No.28782497

Because you know chainlink is the way and everything else is a shitcoin

>> No.28782590

>>28782452
I feel all this high interest defi shit is going to rugpull a lot of people, im not touching it im comfy with my baby linklet stack until bigmac man shows us the way

>> No.28782644

>>28782205
i use dai in my exodus wallet. pretty comfy

>> No.28782959

I have sum bnt staked nad their website is jamming, just loads and cant see my stakes
Anyone else have the same?

>> No.28783355

>>28782590
The loans are collatorized you can’t get $1k if of a stable coin without havint $1k or more in asset to deposit against. The fuckery comes from the oracles being wrong.

>> No.28784362
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28784362

>>28781853
that's part of my fear, and the gas price would be so high you can't do anything about it

>> No.28785293

>>28779777
if anything, only swing a portion.

learned my lesson after trying to swing 5 out of my 10 LTC @ $80. I will only swing one LTC to get back my others.