It only takes 10k to make it. This is well established. But realistically, you'll need 100k to make it. Why is this?
You will never find the iron hands to hold to $1000. You'll sell 90% of your stack by the time we reach $10. This is just a plain fact of human psychology. Especially after the last bear market, you'll be terrified of losing your gains again. What this means is, if you start with 10k, you'll sell your stack well before singularity and be 'satisfied' with your $50k-$100k in gains, but you'll never escape wagecuckery. You might even have the discipline to hold onto a 1k suicide stack, but even if you hold THIS to $1000 that is still only a million dollars. Not enough to make it unless you move to a third world shithole (which isn't REALLY making it).
If you start with 100k, you'll still sell 90% of your stack by $10. But that means no matter when you sell, you can still afford to hold 10k as your suicide stack. That's enough to net you $10MM after we reach $1000. So even after you succumb to your glass-hands weak-ass cowardly ways, you'll still end up making it, due to the brute force mathematics involved in retaining a 10k suicide stack.
I'm sorry for all of you who only have a 10k stack. You WILL sell too early. Me, with 150k, I can sell 93% of my stack literally whenever I want and still have enough to make it. That's a lot of breathing room that you 10k linklets will never be able to enjoy.
I only have 200k Link which is nowhere near enough to actually make it. All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda.
It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. I need to make it to 500k before mainnet for fucks sake. Link is only going to $5 max. Right now I might make 1MM before tax on that, but tax will take a big chunk out of that then inflation will fucking ruin me over the next decade.
Even if I chuck the 1MM into a dividend stock that pays out well and I get 70k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 10 years that 70k a year will feel like 20k a year. You need a minimum of 2MM, but more likely 3MM to make it.
The upper predictions for Link where about $60 but that was made during the bullrun of last year, and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity.
All of that isn't going to happen anymore. The singularity is cancelled. Now we will have a slow growth to $5. And the sad but ironic thing is most people on this board will hold from 20 cents, to $5 and then hold all the way back to sub $1 again because you all believe the 1k eoy memes, and just like the retards who held BTC and didn't sell at 19k, you will do the same with Link at $5. Looking at the current charts depresses the fuck out of me when I know I only have 200k Link, nowhere near enough to make it.
At best I will have 1-2 sweet years, and then return to wagecucking after that. But it will be worse because I will have tasted freedom and know what I am missing out on.
Angel Perez
you either see the big picture or you dont. thats up to the investor. youre not responsible for when other people sell.
Joshua Morris
i think youre wrong because we know its going to reach $1000, its not an if like with everything else, it will, and i will still have the majority of my stack. dont be a dummy OP we know this is a long term hold moron
Adam Torres
I'll be cashing out my BAT little by little so I won't need to cash out any of my LINK.
Anthony Jones
This. 5k to make it
Hunter Anderson
I got 20k and have multiple suicide oracle notes in place that prevent me from selling below 1k.
Xavier Garcia
Of course it will hit $1000. But that's your rational, weaponized autism self talking.
When this shit starts going parabolic your limp-wristed, noodle-spined panic-selling inner moonboi is going to emerge from the trapdoor leading to your subconscious and start smashing the sell button before you can even talk it down. We're all rational agents until we're not. Everyone here has felt what's like to ride a green dildo during peak euphoria. You turn into a different person, you get drunk on gains and do stupid shit you wouldn't do if you were sober.
Jeremiah Green
>Not enough to make it unless you move to a third world shithole (which isn't REALLY making it). Jow Forums thinks only "third world shitholes" like Africa or Asia are cheap countries to live in where in reality they could move to pic related and live for 1/4th the costs theyre used to