Holy shit

the biggest possible let down with link is maybe having to wait 3 to 5 years for it to reach 1000 imo

tfw can't afford to invest in anything right now and am only just learning the ropes

I have exactly one Link. T-to the moon, right g-guys?

I have 12 link.

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President Biden is going to cancel student loan debt. I would take out a fat student loan and buy some link tomorrow. Its a very bad idea but thats what id do

While I'm disappointed to know that I have less than half of you guys, I can't complain about having this big of a stack considering it's knocking on the $20 door right now.
To think I first bought this meme coin at less than $2...

I have been holding Apple, Amazon and Netflix for almost ten years. I am built for hodl

Hold and don't sell.
As long as you have the willpower to hold and continue developing your portfolio, a million in 5 years is easily worth the wait. In the grand scheme of things 5 years is not a long time. Most will sell out before then which will inevitably make having 1000 LINK be quite a lot. Also, simply don't sell even when it's worth $1000. By the time it's worth that much you'll be able to make $5000 a month easily by staking your linkies.

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kek
No, but, seriously, Jubilee will come and it won't be before too long.
Before POTUS is finished with his second term, we're going to see a bimetal standard be reintegrated and likely some kind of blockchain element to make up digital transactions.

The real question is what happens between now and then with crypto.
We've already seen POTUS is lowering capitol gains and income taxes... so it looks like it's at least sort of starting.

why is asuka pointing a gun at me

>Lowering capitol gains
Source? My one large long investment is in some Iraqi Dinar.

LOL $1 mil at stake won't earn you $60k a year...

This is coming from a top 1000 wallet stack also.

>Also, simply don't sell even when it's worth $1000. By the time it's worth that much you'll be able to make $5000 a month easily by staking your linkies
This is why I'm never selling. If I sold I would have to give the jews 30% of my linkies in the form of tax which will then be used for nigger welfare and wars for Israel. Instead I'll just live off staking that way if I ever have kids they'll be able to avoid wagecucking as well.

Back down to 10 first

https://
www.marketwatch.com/story/trump-seriously-considers-capital-gains-tax-cut-heres-how-he-could-do-it-2020-08-11

Where did you get 3 days... Took 3 weeks between the pump to $9 finished to the $20 pump starting.

I choose to believe this curved line.

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Look at where the precipitous drops are though.

>staking won't return 6%
It would have to offer, at minimum, returns competitive with other forms of investment or else there will be no incentive to stake.

I'm also counting 15, not "20" as my latest benchmark because I think pure hype is what created 20 which is why it only existed briefly

Don’t argue with stupid
Obviously a low iq larper
Anyone in the top 5000 wallets knows what they’re holding and this user clearly doesn’t

just curious what’s the cutoff for top 5000

buying more this week.
sold my 2017 F250 super duty for 30k.
picking up another 2k linkies

What am I missing here?
5% of 1,000,000 is definitely 50k...

I guess you guys were saying 6%, though...
I was pretty sure staking LINK gives 5%. Is it actually 6%?

Jump off a bridge with a brick filled backpack

She doesn't want you to sell, stupid!

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The staking payouts will be determined by the market. It's not set in stone. "Staking rewards" just means what people are paying you to use the oracle backed by your staked link.

no one can make you promises about staking. link payments are determined on a contract basis, the network itself doesn’t set payments. when you use a staking service they will give you a cut proportionate to your link stake, linkpool I believe has some numbers already. But regardless it is still dependent on revenue, which is determined by payment for jobs and number of jobs in a given time frame. The % return for staking will vary widely among stakers, especially in the early stages, because it will be highly competitive

D E L U S I O N

>It would have to offer, at minimum, returns competitive with other forms of investment or else there will be no incentive to stake
What's the logic here? The returns will be higher or lower depending on how "safe" the public perceives the investment as well as what the asset price is (higher asset price = lower returns and vice versa)
Your comment about "competing" doesnt make sense... are you going to compete with government treasuries at sub 1% or against corporate debt at 5%? Or another asset class entirely? 6% APR seems like a very reasonable, if not high rate for low risk staking.

I’m sorry for being such a baka, i appreciate that she’s looking out for my financial well being

You sold a top of the line truck for what I bought in 2017 with my Christmas money

Yeah start talking. The president doesn't have that kind of authority--- that is tax law which congress has to approve. As much as I'd like capital gains to go down.

Please don't just say that you heard him announce it on TV and believed him. Anyone who can't see that he will say anything, even the most contradictory, absurd, outlandish promise when he's on the spot is truly oxygen starved and braindead.

He can temporarily suspend it.

You're going to have a hard few years.
Good luck, bud.

Competing as in why would whales stake hundreds of millions in link if they are getting less returns than boomer stocks. If staking link is not at least comparably profitable to boomer stocks, then there is no point in staking your link rather than cashing out into other investments which will be more lucrative.

Factually correct but it's never too late to invest. People get themselves trapped in that mindset and it keeps them from investing more thus making more. Remove the mental blockage. Just look at ETH or BITCOIN. Now is the time to buy, those who fear sold all of their linkies are fools. If only you knew how good things really were. Sub $20, nobody here is late, they're still early.

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