discuss 10x Your Money In Domains Or Crypto Currency?

Silentptnr · Nov 28, 2017

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?

Jv1999 · Dec 28, 2020

So... xynames started his move lol

"Approximately 1,000 Bitcoin mined back in 2010 moved on Dec. 27, 2020, for the first time in over ten years."

manuelbroker89 · Dec 28, 2020

you can choose whatever you want, if you dont have the patient and passion.
whatever you choose will bite you.

it's all about the long term.
so i'm stick with Domaining now,its the best option for me personally.

xynames · Dec 30, 2020

Earning interest now on almost all of my crypto. I should have done this earlier, I suppose! The dollar amount earning is significant, but it's especially significant when considering a good sum of money weekly, versus, no interest earning at all! It's all paid in crypto though - who knows if will even withdraw it, maybe just let it compound.

Jv1999 · Dec 30, 2020

xynames said:
Earning interest now on almost all of my crypto. I should have done this earlier, I suppose! The dollar amount earning is significant, but it's especially significant when considering a good sum of money weekly, versus, no interest earning at all! It's all paid in crypto though - who knows if will even withdraw it, maybe just let it compound.

Which provider did you choose?

wwwweb · Dec 30, 2020

xynames said:
Earning interest now on almost all of my crypto. I should have done this earlier, I suppose! The dollar amount earning is significant, but it's especially significant when considering a good sum of money weekly, versus, no interest earning at all! It's all paid in crypto though - who knows if will even withdraw it, maybe just let it compound.

Which provider did you use to stake, what % are you getting? TIA

xynames · Dec 30, 2020

Blockchain dot com
4.4% on btc and bch.

I had a little tether too - 12% on that.

I reason I went with blockchain is that although one of the alternatives, for example - blockfi - purports to pay 6%, that’s only on the first 2.5 bitcoin, and they pay only 3% on the rest. For me, it made far more sense to go with a flat 4.4%

wwwweb · Dec 30, 2020

xynames said:
Blockchain dot com
4.4% on btc and bch.

I had a little tether too - 12% on that.

I know a lot of people use crypto.com also, so many products in terms of fixed, flexible, risk... the above looks solid, never seen that feature in the blockchain wallet app?

DomainBarracksRob · Dec 30, 2020

xynames said:
Blockchain dot com
4.4% on btc and bch.

I had a little tether too - 12% on that.

I’ve had two Senior Advisors from Blockchain dot com approach me about open a wallet or moving over to there systems on LinkedIn. I don’t have much btc but told them I’d think on it.

Think you’ve made a good choice.

xynames · Dec 30, 2020

Blockchain is solid - at least - nothing ever stolen!

In order to get interest must be a “Gold” level account which means identity verified with government ID and “live” selfie. Haven’t asked for social security number yet though I like that.

Jv1999 · Dec 31, 2020

We are at almost 30k!

xynames · Dec 31, 2020

Can't really expect this to hold up, as in, it'll never go straight up. Ups and downs are part of the game, and many traders will lose their shirts along the way, so that hodlers like me may benefit in the long run.

Still, I used to laugh when people would say, 2 - 3 years ago, that TSLA was done. I knew it was just getting started, and held that continuously too!

BTC is probably just getting started, as far as the great scheme of things is concerned.

xynames · Dec 31, 2020

The new blockchain account I created became Prime quickly. Obviously, it has a ton in there.

But what is interesting, is that the old blockchain account I had, which had most of what was transferred over to this new one, in other words - also a ton - never became Prime. Maybe because it was never identity verified?

At least this solves the issue of never being able to get hold of anyone at blockchain for anything.

w3names · Dec 31, 2020

For me, crypto would be a better bet because of its liquidity. Domains are tough.

Jv1999 · Jan 2, 2021

I was done when bitcoin hit 33k... this is nonsense -- even for bitcoin

xynames · Jan 2, 2021

xynames said:
Hodl only. I’ll consider selling some at 50,000.

No no no. FIFTY thousand. I said fifty. Fifty f'in thousand. Go get it. I don't give a f. where you get it.

garptrader · Jan 2, 2021

Several months ago most people would not have anticipated bitcoin reaching 30k in early January. I would anticipate a sharp correction soon but some argue bitcoin long-term may equal or even exceed the market cap of gold. Do you want to miss that?

Jv1999 · Jan 2, 2021

garptrader said:
Several months ago most people would not have anticipated bitcoin reaching 30k in early January. I would anticipate a sharp correction soon but some argue bitcoin long-term may equal or even exceed the market cap of gold. Do you want to miss that?

I don't know anymore. At this point it could keep pumping.

Never expected it to fly past 25k.

Whe covid dies and the economy opens.. you're looking at 10x what you're seeing now

Jv1999 · Jan 4, 2021

Yeah. it's raining... red.

Jv1999 · Jan 5, 2021

It's nearing 35k. I am not expecting a drop anymore. Probably will hit 50k

garptrader · Jan 5, 2021

Will the recognition of crypto currencies as an emerging asset class eventually spill over into recognition of domain names as valuable tools for promoting a nominee's products and services? Domains have been around much longer than crypto but when you see the domains most companies use to promote their business....

SirDrago · Jan 7, 2021

37k and no road blocks...
Where it stops nobody knows.

Jv1999 · Jan 7, 2021

SirDrago said:
37k and no road blocks...
Where it stops nobody knows.

Yeah i'm seeing it hit 40k easy....

I was reading online that 50k is the benchmark for nonstop moon because at 50k, the marketcap isn't big enough or something to handle that price, so it's just going to expand.

Not sure though if it can get past 40k.

King · Jan 7, 2021

At this point domains.

xynames · Jan 7, 2021

Just accepted a $3000. payment - risky in that BTC is at 39K plus, I suppose, but I never turn down an opportunity to receive crypto. A couple weeks ago or so, I accepted five grand in USDT (Tether) when BTC was 25K and if I had received it in BTC it would be worth, what, 7500 now or so? instead the tether is worth just 5000 still (but, collecting 12% interest, that's something anyway).

HODL it all. Let none go!

SirDrago · Jan 10, 2021

Analyst who nailed bitcoin's $40,000 level says 50% collapse could come next.

“It’s a hypervolatile asset,” Lee said in an interview with Yahoo Finance Live. “Our roadmap for risk assets this year is that stocks would be pretty explosive out of the gate and peak sometime either in late January but as late as April around S&P 4,000 before a big drawdown happens. If the S&P falls 10%, bitcoin is going to have a huge drawdown it could be 40% to 50%.”

https://finance.yahoo.com/amphtml/n...ys-50-collapse-could-come-next-140051309.html

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