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discuss 10x Your Money In Domains Or Crypto Currency?

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Silentptnr

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A lot of domain investors also invest in crypto currency it seems as of late. I usually feel pretty confident that a domain I carefully acquire today will be a 10x+ my investment including holding time. If say, I were to buy bitcoin today, is it feasible that i would get 10x my money?
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
I personally do not believe in easy money in crypto...one should buy in times when no one actually believe assets in question, which means you will buy cheaply ...

now, in 2018, when it comes to crypto, even my cleaning lady speculates on them, my taxi driver is asking me about them ...generally this is a phase when you should already be selling, mostly :)

yeah.. but you gotta admit it was a pretty cool thing to do to buy 1million btc back when no one was talking about them.. at 1 cent per bitcoin.. heheh
 
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yeah.. but you gotta admit it was a pretty cool thing to do to buy 1million btc back when no one was talking about them.. at 1 cent per bitcoin.. heheh
Yes, that is true. I wish it was me :)
 
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Yes, that is true. I wish it was me :)

or whatever the value was originally... not sure.. but it was in cents......

like this from wiki:

"The value of the first bitcoin transactions were negotiated by individuals on the bitcoin forum with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John's.[13]"
 
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The thing that a lot of people - apparently you included - do not understand, is that if you are going to buy something, the time to buy is either on its way up, or when its elasticity is high. The worst mistake you may ever make is setting arbitrarily low prices far below the current price, saying that "this is when I'll buy." If/when the commodity (stock, cryptocurrency, whatever) gets that low, by then it would be more likely to go lower, than higher.

This is part of why so many stock traders lose money. Rather, than, say, paying a higher price for a volatile stock earlier in the day when people are still scooping it up on the dips (high elasticity), they enter some very low price, below the low for the day, that - if it hits, may hit only after buyers have lost faith in the stock and it may be more likely to push even lower than necessarily pop higher.

It seems counter-intuitive to pay higher than lower, but WHEN you buy is more important than at what price.

This is really not something that may be taught. It comes with years of experience. Try to teach someone this, and still - he will refuse, will keep trying to put orders to buy at arbitrary levels, where he "thinks" the commodity should drop to in order to be worth buying.
I read you should only buy on the way up and never on the way down. Wait for it to bottom and start to rise and then buy.

I think it's good that people are starting to talk about this again on here. It seems there was loads of talk while people were making money and the price was skyrocketing then as soon as it dropped it all went quiet on the western front giving a very skewed view.
 
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I personally do not believe in easy money in crypto...one should buy in times when no one actually believe assets in question, which means you will buy cheaply ...

now, in 2018, when it comes to crypto, even my cleaning lady speculates on them, my taxi driver is asking me about them ...generally this is a phase when you should already be selling, mostly :)

Yup.

This thread right now is going along the lines of neutrality: "Eh crypto."

But as soon as we see an NP thread where 80 - 90% of the participants are saying, "Wow, crypto was, and always will be some kind of gamble scam. It's over. lost. nothing nada."

^ time to sail all domains firesale and buy some btc :D
 
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but in the long run, without clean and sustainable energy backing crypto up... it's actually so very harmful for the world.

That's Proof of Work (POW), luckily there is Proof of Stake (POS), like Navcoin. The energy requirement of the NAv network is little. In fact with the new, decentralized community fund gone live now, there is a proposal to make NAV carbon neutral. https://collab.navcoin.org/s/carbon-neutral-navcoin/custom_pages/container/view?id=6

Yes, I'm very fond and convinced of this project despite all the crap in Crypto and everything down right now.
 
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In the past seven days, the crypto market has experienced a drop of more than $63 billion, as major cryptocurrencies recorded double-digit drops.

LINK

download-4-2.png
 
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In the past seven days, the crypto market has experienced a drop of more than $63 billion, as major cryptocurrencies recorded double-digit drops.

LINK

Show attachment 103203

We can only hope for more drops.

Bitcoin at 1k is where it's at :D party time!
 
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"If BTC doesn't reach 1.000.000 $ by 2020 I will eat my own dick on national television"
  • John McAffee
 
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"If BTC doesn't reach 1.000.000 $ by 2020 I will eat my own dick on national television"
  • John McAffee

LOL...I wonder what type of savory sauce he plans to dip it in?!?!?!?!

I never saw that quote...not surprising he said that though...time will tell if he will be dining on himself or not. :xf.smile:
 
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time will tell if he will be dining on himself or not. :xf.smile:

That's 13 months and 6 days away, you think there's a chance of bitcoin reaching 1 million per coin by then?
Not a chance!
He better start picking out a wine to wash nasty taste down.
 
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That's 13 months and 6 days away, you think there's a chance of bitcoin reaching 1 million per coin by then?
Not a chance!
He better start picking out a wine to wash nasty taste down.

I guess even mcafee doesn't have the billions reqjuried to pump btc to that price by 2020.

but then again, he's not worried and neither should we be. 2020 is a whole year away. crypto can do a 180, then a 360 within that time. ^_^ :tightlyclosedeyes: c'monnnnnnnnnn!
 
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well.. this guy believes in btc ;)

p.s. so who here got btc tattoos?

 
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I will take 10x return on the domain.

The whole BTC - Crypto is a farce IMO,

let's say it all were the real deal, with a fluctuating, so up, so down, topsy turvy market, you will better off to join Forex and play that game.
 
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I think the funniest (or saddest, you chose) thing is people "knowing" if bitcoin, gold, LLLL.coms or anything similar will go up, or down. History have shown that no one KNOWS such things. People are obviously guessing and making predictions based on certain, more or less adequate factors.

Do never believe people who says they KNOW whether bitcoin etc will succeed or fail. You can listen to their arguments, but these are guesses.
 
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The reason I do not invest in crypto currencies, is because it is to much "luck factor" involved.

Domaining is a totally different thing. You might be lucky once or twice, but in the long run, it's skills and effort that matters.
 
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i'll stick for 10x money in domain for now, since i don't know crypto currencies.
 
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For those of you who have experience with this, what is the Best Exchange to buy Crypto Currency in terms of ease of Payment ( Paypal and similar services ) and withdrawl ( to your paypal account etc.) , location / country independent and generally more easy to deal with ?

Appreciate any input. Thanks in advance.
 
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btc over the moon.
Screenshot_20181205-030447.png


And price for last month
Screenshot_20181205-031429.png
 
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Today with amzn was yet another example of stupid people assuming that what looks like is going to happen must happen. Instead, green day. Lotta shorts were hurt.

Same with Btc assuming that because it’s down it’s out.

Markets just don’t make average people money that easily. Trends may reverse savagely.
 
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At this current price there's only a few countries left where you can mine BTC at a profit.

Mining Hardware skyrocketed on the hype and that backfired now.

Government(s) manipulation to defend their own fiat was the icing on the cake.

main-qimg-34e3889af0864dbe900c1f1422b1a43e.jpeg
 
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