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discuss 10x Your Money In Domains Or Crypto Currency?

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Silentptnr

Domains88.comTop Member
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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.
Never say never.

I continue to hodl and accumulate and over all remain WAY up.

I think the problem is that some people are addicted to trading. They trade not necessarily because the time is right but just to trade. They can’t stop. Trading is quite different from investing. Invest like me, as I’ve done for nine years now, you’re way up. Trade like some of the above, and you’re lucky to end up even.
 
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It is not addiction to trading

It is because that most people believe that cryptos are very risky investment and none want to leave his hands in boiling water for long time
 
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Scared money can’t win.

Brave risk taker hand can win a lot and can lose everything

You are yourself taking less risk by investing in bitcoins only

Sell your home and buy matic Network or off coin
And don't be so scared 😊
 
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I hate to have to repeat myself, but from what I understand you have never owned a bitcoin your entire life. How does this qualify you to understand what is going on with those who do?

You're not the only one. There are those commenting above about how bitcoin will never regain its high, who haven't owned any bitcoin in a very long time.
 
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This is not true . I bought at 9000 and sold at 19000

I was only trying to understand
I was lucky to earn money on small investment

But I understood it is better to stay away

We are lucky to have someone like you who have his both feet in that crypto deep water . May be we get a better understanding

I am on the shore watching trying to understand more but I think it is also important to warn newbies how deep the water is there
 
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Brave risk taker hand can win a lot and can lose everything

You are yourself taking less risk by investing in bitcoins only

Sell your home and buy matic Network or off coin
And don't be so scared 😊

Take your profits and keep it moving, there are those who would leave their so called "investment" become stagnant and call it a win.
Profit creates profit but that's only for the brave.
Great job on your profit!
 
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In general those who own none and feel left out make such comments but the reality is that btc which is the front runner Original and Best will run inevitably to sky high levels. But before it does a lot of short term traders will get hurt!

I have serious doubts that Bitcoin (or any other crypto) will reach "sky high levels" again. I guess time will tell though, I would like to be wrong.

What would be the incentive for people to buy crypto, why should anyone? That is after all the requirement for any cryptocurrency to go up so that all the bagholders can dump their coins on the newbies and cash out - guess what - in fiat...
 
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Looking for a rise to 10k? Could be on the horizon....
 
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Network confirmation times for POW cryptos are much slower than say using a bank or credit card for a retail transaction. On the other hand one can make wallet to wallet transfers in under two hours whereas a bank deposit may not clear for 2-3 days. Regardless, current blockchain networks are not ready for mass adoption as they cannot scale to handle a 25-100x increase in transaction volumes. It is quite common to see the bitcoin network with a backlog of thousands of unconfirmed transactions even though many bitcoin investors criticize alt coins.
 
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I'm not recommending to people to buy options. Especially newbies, it's too much of a leveraged play that can go to zero in an instant. I'm just saying it's positive news for Bitcoin. The road to 10k is in the horizon! Hahaha..bet the farm, along with the piglets.
 
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Theoretically there are valuation models to determine a fair price for a stock, a bond, real estate, etc. With domains one can look for comparables or exact match searches or cpc for the phrase. With crypto how does one determine fair value? One metric that seemed to be logical was market cap (a few weeks ago Coinmarketcap was under $200 billion with BTC at around 70% dominance) compared to global wealth (over $300 trillion) or gold or forex trading volumes or the market cap of the financial sector etc. Well, crypto has been such a small percentage in comparison it seems that the long-term potential upside is significant. Regardless. Crypto is highly volatile and after a rapid increase, sharp declines are quite common (2nd half of 2019).
 
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what u guys think of btc cash? i mean it was 150$ just days ago
nice profit
can it do 1000s again?
who hodling?

bitcoin 20k+ this year is my prediction
 
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Can you explain on what basis you put your predictions in this market

These are not stocks and companies with profit or loss , so I do not know any basis for increase or decrease

Strange news about person claims he is Satoshi and Bitcoinvs jumps from 90$ to 400$! And now down to 250$!

Also the market is diluted with tons of different coins and technologies

I feel that winning a lottery is more easy than winning in this risky market
 
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I read about and studied blockchain / crypto for nearly two years before finally dipping my toes into the market spring 2019. The technology is still not mature as transactions are not instantaneous and the infrastructure is not capable of scaling for mass adoption - yet. One could perhaps compare bitcoin to .COM - first to market with massive name brand recognition and far more on-ramps and retail acceptance than other cryptos. Some other coins offer faster transaction confirmation times and lower fees but their market caps are much smaller. Sound similar when comparing the price of an alt TLD to a .COM for the same keyword? Long term will we need thousands of different cryptocurrencies? No. Do we need thousands of different TLDs? No. How do you value a cryptocurrency or a domain name? How much is someone willing to pay for it?
 
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The technology is still not mature as transactions are not instantaneous and the infrastructure is not capable of scaling for mass adoption - yet
But some chains do offer instantaneous transactions. BOS tokens transfer from wallet to wallet immediately. It could easily be used for mass adoption, or, a similar infrastructure. Point is, btc is outdated.
 
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Currently any crypto to fiat or even crypto to crypto swap results in a taxable transaction (US) - an impediment to adoption for retail transactions due to the administrative burden of calculating and reporting small transactions. There is currently a bill in the Congress to exempt transactions under $200. I believe the limit should be higher but $200 would be a move in the right direction.
 
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couple quick questions for the more crypto savy here than myself:

do you somehow monetize your cryptos while hodling? if so how? savings account with that 5-10% year interest? other methods?

i only own a bit of crypto... but would like to trade a bit and get hang of it... instead of starting wit the more complex exchange service... i am thinking of coin swap services.. like changelly... what do you think of this? fees seem reasonable... any of you use those services? if so, is changelly about the best of them all?

thanks, cheers.
 
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