Fuck guys, this is the most money i’ve ever had should I sell for a house downpayment??

Fuck guys, this is the most money i’ve ever had should I sell for a house downpayment??

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Hell no.

houses are a premined shitcoin

Your decision only bro

Linkies will tell you "never selling" as they don't want anyone to actually cash out and tank the price

You have to realise you're basically gambling - tomorrow the US could ban crypto, or Link could get hacked, or oracles could fail, and the price suddenly freefalls

The opposite could also happen - it could 10x for no reason

Yes wagie sell now, put a down payment and slave away for 40 more years so you can retire.

This is why I'm happy with a meager 5k stack. I know some anons have over 100k, but how many of them are actually gonna hold when shit gets real?

absolutely not yet. Link has destroyed the biggest resistance of it's entire existence, the sky is the limit at the moment. Be prepared to cash out for sure, perhaps take out your initial investment at some point

Congratz user, what are you invested in?

You'll need to think about an exit strategy, you don't have to sell all your stack but its important to take profits.

"Hmm, should I slaughter the goose that laid the golden eggs for its meat?"

based

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You never sell all your stack at once. That’s a rule. Note that you should sell all your stack eventually before the end of the bull market, you just do it in chunks. Set limit sell orders and stop losses as the price goes up. For example, when the price hit $6 for LINK, I saw retards Saying they sold. But then it hit 6.50. A better idea is a stop loss at $6 (to make sure you take profits if you want to), and wait and see what happens.

Hmm I guess your right, silly of me to ask. Gotta hide this shit from my GF though. Just gonna keep quiet today with a smirk on my face.

We already had an arguement with crypto.

Based on what?

House market is about to CRASH.
To be clear, it is in the stages of crashing now. The foreclosure cases have to be processed in courts first. And the whole thing is being slowed down by the wuhan virus stuff.

Give it some time and they'll start foreclosing and going up for sale.

Honestly? I would sell. Will it go up more? Probably. Can you time the market? No. Want to know the biggest mistake I made in 2017? Not selling

that's only 30k after taxes in America

Fuck her. My wife (I know I'm retarded) knows I'm in control of that. I just opened up a self-directed Roth IRA to put all my money into crypto, and I'm about to do the same for her. Bitches should leave the long-term planning and gains to men, as women have high time preference.

Based on a farm, presumably

If you're arguing over money and she's not your wife, you're gonna have a bad time. It's none of her damn business where your money goes.
And I would wait on buying a house. Yeah interest rates are low, but shitloads of people are out of work. They aren't doing foreclosures and evictions right now because of rona, but banks can't wait forever for people to either pay up or GTFO and that will be a much better time to buy.
What's better - a 250k loan at 3% or the same house with a 200k loan at 5%? (not that it will go that high, fed won't hike rates for a long time)

>What's better - a 250k loan at 3% or the same house with a 200k loan at 5%?
lol a $250k loan at 3% is better.
You know there's loan calculators online, you can check your math and see whether your example actually works before you post something stupid.

Dump that bitch asap user

u can sell to get in more based coins/tokens, you can start real estate renting once u reach over a mil

What was your argument about user?

>Linkies will tell you "never selling" as they don't want anyone to actually cash out and tank the price
Imagine thinking some biz niggers chump changes can affect the price

wait until you can buy a house wholesale

Just that I spend all my freetime researching crypto (really it just LINK) and we never go out anymore. I cut out alot of my expenses to keep buying LINK. Will stop at $10-$15.

What are you researching bro

I'd wait another month or two when you'll have enough to buy one outright. Then still never selling.

>Gotta hide this shit from my GF though
that's a funny way to spell "IRS"

I just try to watch and read all the articles with LINK. It helps me understand what i’ve invested in.

Said the Bitcoiner in Jan 2018

Look at the dump it did last Summer/Fall and when the Chinese figure out the mania is over in a few weeks, it'll dump back below 4. Dopamine will be running very very low when you kick yourself for not taking profits because the Chinese insiders know more than you.

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You are still thinking like a poor person