Need your advise user
Should I sell 20% of my link stack in order to get these 32 eth?
Need your advise user
Should I sell 20% of my link stack in order to get these 32 eth?
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Hex is like baby ethereum so yeah probably
What is it about this 32 eth that everybody is talking about?
Why that number?
You should dump your link stack and convert to the future of currency ETH.
look at link/eth chart then ask again
According to my in depth analysis, I'm certain that the price of Chainlink (ticker: LINK) will go either up, down or (potentially) sideways. Do what you will with this information.
don't sell. deposit in aave, borrow a stablecoin, buy eth, deposite back into aave
Thx fren I'm gonna watch this
But how can I get my linkies back if link moon a lot harder than eth?
dude you should sell all your LINK for ETH & LIT
do this
ethereum is going to be there in 10 and 20 years, but link may not be there in 2
Stop shilling your shit
you pay back the stablecoin you borrowed. If eth goes up enough in value you can withdraw it all without repaying
that's called a margin long and you shouldn't do this.
If you did this in March you would lose literally everything.
Could you set the margin long with a very low "stop loss" to avoid liquidation?
I think that it is the minimum requirement for proof of stake. Not sure though.
a 32 ETH node at current prices will get you $192 a year before the costs of running the node, and that's assuming it doesnt go offline.
No, you should sell 100% of your LINK stack for ETH (and 1 BTC while you're at it).
except eth is going to $10k once eth2 fully launches, meaning 32 eth are going to yield ~$16k/year
>current prices
ETH won't stay at "current prices" for long genius
if you have under 10k link id advise against converting some to ETH
Yes and then you're the poor fucker who loses money during crab market.
Keep in mind user. Yield of operating an ETH node is dependant on how many people run a node. If it's insanely profitable, more people will do it, reducing your yield. this will eventually make it so that yield is equal or very close to costs of operating a node.
Why shouldn't I just use rocketpool
it's not that simple
1. there are no withdrawals before full PoS. once you stake, you have to stake until full PoS, or stop. If you stop, you can't restake.
This limits the total staking amount a lot, which eth yields are going to be high in the initial phase.
2. once mining is gone, dumps from miners are gone, and price has no limit
3. what you ultimately care about is not yield at the current value, but yield at what you spent buying eth, and it's going to be enormous.
This.
Yep, ETH PoS is pretty fucking amazing. And I'd sell 20% of your stack, OP.
comedy gold.
I never understod this 100% allin meme,
yes I do get potential of link but why would you be greedy for few mil more if you allready make 10s of mils for example and not deversify for only used sc paltform shit link is built on and made to feed data to it lol
I acually do geti allin 2017 when we realised its last real nonscam moonshot but why now when link pulled x20 in usd and x26 eth price and risk buying top of ratio chart?
T.f. ico investor 512 eth and only 10k suicide stack, and yes would make so much more beeing allin link till now but thats not point
Sell to by $ESH and retire an 3 month with 10 validator nodes
Only high IQ annons understand the significance of Rocketpool
yep, you can only become a validator and stake on ETH 2.0 if you have 32 ETH
>only has 32
bwuahahah
This is SO fucking stupid,
You are exposing your self to many different risks doing this.
1: AAVE platform has a malfunction and causes unnecessary liquidation. This has happened with robust systems like Maker already. Don't rule it out. AAVE is VERY young.
2: Eth may do bad for a while and not moon as fast as you think, even if it will long term. In that time Link could out perform it vastly, meaning not only is your Loan in stable coin closer to liquidating due to Eth going down, you cant get as much Link anymore even if ETH was the same value. you exponential magnify your loss in Link. Eth go down, Link go up.
its a convoluted mess. You should really just use these platforms short term, or to magnify a long on a single item. Lend Eth to buy more eth for example. Don't lend Eth to buy Link as its exposing yourself too much.
Best yet, go margin long with Link on binance or something. skips all that risk.
If you buy Eth and reduce Link stack you probably wont benefit from both at this point anymore. its a risk. stick with one, or don't do one with plans to go back into the other later. you will get fucked.
LINK is a shitcoin and pricing gains or losses in LINK is retarded. Other than that, sound advice.