I have 4k link. I'm going to swing my way to 10k

I have 4k link. I'm going to swing my way to 10k.

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That a boy user.

My strategy so far has been to skim profits at the tops of pumps, and then holding on until dips occur, at which point I can use those profits to purchase more link. So far I've gained about 80 LINK doing so.

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Heavy balls. Hope you pull it off.

Good luck user, hope you pull through

You will lose everything

Just hold

I would advise against that. However if you still insist on doing it, have a strategy at hand. Good luck user.

This.

Use Aave to borrow USDT and then buy more link. Only way to increase your stack. Swinging is too risky.

Hold you fucknuckle and when you lose it all, don't say you were not warned.

Every time I think about selling half to swing it crashes and I could've picked up hundreds. I'm playing to win not to miss out

Shill me on this? How the fuck does crypto lending work? Would the idea be to pay off the loan with link gains and still have more than you started with after selling?

Cheers, added a snapshot of your thread to my "before" folder.
Good luck.

That's why I'm only cashing out profits.

If I put in 4000 USD, and the value of my investment goes up to 4400USD. I cash out 400 USD worth. If it goes up, I can just skim off more, but if it drops, I can just buy more LINK. This shit has a proven track record of growth. If you use this method you won't kill yourself everytime the price explodes after you cashed some out, but you'll still have money to play with when the prices drop.

Pls don’t I had a 4.5k stack and lost 2.5k trying to swing. It’s not worth the gamble.

nobody tell him

>what is capital gains tax

Im only doing it up to a certain point. I know I pay tax on profits taken.

Aave looks like a riskier bet than swinging. I don't have money to pay back a loan my net worth is riding on link

This is extremely extremely risky, especially right now desu. Don't be out when you need to be all-in OP.

>What is a hardware wallet?
Only report when you turn back into fiat.

Don't do it fren, you're meddling with forces you cannot comprehend.

user

>put 4k link into aave
>borrow 3200 dai
>use the 3200 dai to borrow 400 link

congrats now you have a 4400 link stack with almost 0 chance of getting liq’d. Dont do much more than this.

I swinged from 12.3k to 8k at one point and them somewhat recovered to 16k and went back to 14k now.
Net positive, but the stress isn’t worth it user. ChainLink’s charts make no sense.

gunna be left behind.

Holy fuck youre retarded

I tried and lost a third of my stack.
Good luck fren

I meant to say “use the 3200 dai to buy 400 link”. Was that your issue faggot?

enjoy

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Ok that makes it much better

see you at 1k swingie. I can already imagine the pink wojak thread

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Great idea user!

>t. former 8.2k stack turned to 804 stacklet

How did you fuck it up so badly

I have 12K link can you do the math for me. How much to borrow, and what my liquidation level will be?

Post your eth address for a tip

JUST

I dungettu
You cant withdraw your original 4k link until you pay back the 3k2 DAI, am i wrong?

Oh no you dindn't !