/lg/ - Lition General - Staking addition

/lg/ - Lition General - Staking addition
> why are you not all in on Lit?

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Aiii inever goe all in on a coinn, tbat can rekkt you
Always diversify

Wrong. Diversifying is the path to zero gains.

Say you have $10k. You can believe in a single coin and watch it moon to e.g. $100k

Or you can diversify across 10 coins at 1k each, because you're scared. Now the probability of all 10 mooning to reach the same 100k is zero. They would all have to x10. And even if only two moon and the rest fail, you would only end up with 20k which isn't gonna change your life for more than a week or two.

Believe in LIT

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Bought 6700 LIT yesterday and I'm staking it for 3 months.

Hope I haven't been pajeet'd.

HAHahhaha I'm so happy you made a new lition general, I made the first one. We all going to make it I swear to god

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I'll be joining you guys at sub 7 cents, then I'll shill with you

I'm buying another 25 if it reaches those prices,Only chances of lower price happening is if btc shits the bed hard

25k*

Lition is 60% of my portfolio but I regret not going all in a couple of days ago..

Will it realistically dip again? I'm in for the long-term, but I wanna try to get a better price

Only is bitcoin drops again, otherwise not.

Ok guyss and why tf is biz luving this coinn al the sudden
Radio silent for month and then booom sbill thread after shill thread
Is dis a pump and dump be serious please

>Always diversify
I absolutely hate this advice. No one has gotten rich by diversifying. Only diversify if you have no idea what you're doing.

1) DYOR. You clearly know absolutely nothing about this project.
2) The reason why it's picking up steam again is because there has been significant progress in the last couple of months.
3) Learn to speak english fluently

I used to see a few threads here and there you just didn't pay attention. Now I am shilling and enjoying the memes because:
1. I finished accumulating (200k)
2. I am staked for half a year

SoI just kick back and relax, I don't shill a coin until I accumulated enough

No worries litbro

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Ok is there still a place fo a nigga out of the hood an how much shuld i buy

my english is good jooo i talk the hole day tgat way

and im on mobile so dont care bout wrong spelling aiiii

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Do you guys use the keystore wallet with IDEX?
Or what

wat doesvthat even mean man

I'm going to cut through and ask you one simple question. Are you trying to create a meme? if you are, I have essential knowledge to depart on you. I need you to put your ego aside for one iota and come to terms with the fact that you are about to learn and gain a morcel of what you could for once consider a truism, okay? I need not plead with you as I know that you will not read this, but I must have some faith that you will, even in an alternate dimension (for which i am preparing) choose to take the right path and head my parcel, my wisdom. It is essential to grow, like all information. Even if it contributing negatively to the net (or web, are you seeing?) of Indra, nexus point and jewels etc. The word that we determine to describe the sum total knowledge of scientific endeavour and artistic interpretation of said endeavour. I, sir, have been responsible for the creation of a meme in my time (I do not need to tell you which one as you will not believe me, which is what proves that i am truly working on another wavelength than you) regardless of what inert theory you might conjure up in your defeat to live with yourself ideologically another day as you flee the battlefield of life in disarray). I have seen what it is to be puppeteer, to be the spark that ignites a rift that results in an altering of the interpretation of reality in the cosiest of our dimensions. Please do not play with this most curious of phenomenons, it can shift sands and stir rebellions and conflicts beyond what you have read in your novels, coward. do not claim that you are not fulfilling your childish notion of contributing to a great cause or some eunuched attempt at diplomatic bile. I will not oblige. Read these words. Know what you are dealing with next time, before I am forced to employ my earned intellect, that would not only better you - but leave you blacking out in a puddle of your own excrement, you excuse of an excuse. You're welcome. The world just keeps spinnin pleb.

yes

I'm with you there user.

Just the thought of staking a massive all in bag and watching them mad gains is enough for some mad regret. But imagine if it dips a bit and you get a good opportunity to pick up a lot more LIT? Hard decisions.

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> why are you not all in on Lit?

But I am

Because when BTC goes 8500, LIT is somewhere around 5 cents. Imagine holding a bag of 500k and not able to sell due to lack of liquidity in the market. THATS BONKERS.
Now the average LIT chad would argue: “But I’m in staking and I don’t care about market movements because in 1Y after release of the staked tokens the price is higher.”
- True, however meanwhile I sell at 15 and collect at 5 in the same time, tripling my stake and maybe not only once in this year.
Then the average LIT chad would further argue: “But btc will moon because on halving”
- No, because Arthur and CZ and every other clever non LIT chad would have realized that BTC gained 140% in the meantime since 3800 bottom. So if you are not able to deal with that gains and rather invest in Dr L to the Wasser instead of believing in the one and only guarantor of freedom, you are just the average noob privat investor with no market experience.
So go guys, Pump my bags.

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Different mindset. You buy btc almost as an "investment" now, a comodity.

You buy shit like LIT like you are investing in a startup, potential return on investment are way higher that buying BTC, risk is also greater.

Cannot compare the two

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Fren, totally understand your opinion, however lets be honest and don’t lie yourself.
We’re just looking for cash, right? So who’s gonna sit first in his Porsche, the one who inv 200k in btc at 3800 to times a year (with low to non risk/return ratio) or the LIT chad inv 5k (due to risk/return ratio) waiting the mainnet will potentially collapse once again?

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Again totally wrong comparaison, you are comparing a 200k investment against a 5k. What you want to compare is the rislk/reward ratio and thats it. And yes liquidity issues are part of the risk ( like investing in penny stocks or emerging markets).

But then again for the liquidity issue are part of the game for crypto, I bought my a good stack of my LINK on etherdelta in 2017, was there liquidity issues back then, yes. (there still is btw, see link going to litteraly 0 on binance last month)

LIT is around 1/3 of my holdings. I feel comfy already with staking that.

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hey fellow lit chads, sitting comfy over here

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