10x Your Money In Domains Or Crypto Currency?

BTC was going to go up, yes. But it's easy to say "i told you so" when BTC's price is high... just like it was easy for those very people in this thread to say BTC would crash when BTC hit 3k. lol

 

I told you so - is after the fact. I’ve been saying to hodl - and hodling - for almost ten years now. I’ve accepted btc payments for goods and services at any prices and made it clear that I will accept btc anytime. I accepted a big payment in btc a couple of weeks or so ago. If you want to pay me in btc today - fine - I’ll hodl.

 

https://www.cnbc.com/amp/2020/11/24...4000-trader-says-as-crypto-nears-records.html

 

Right now is yet another period when many traders who think it’s easy money will lose their shirts, as we hodlers just wait for the inevitable long term run up.

 

WHy do you say so?
Why do people say this?

What is so special in crypto that makes it easier to make 10X than say stock market?
I am genuinely curious.
It just trades like stocks. It follows the same tech patterns of stocks.
I don't think there are many people who can trade their way into 10X unless they are part of cabal, like insider trading.

Or be patient, hold for long term, take profits when fomo sets in, buy when the market is depressed. But that is not trading. I am talking about the candle lookers

 

Crypto is not like stocks imho. If it were, everyone who bought penny stocks would be rich, eventually. Bitcoin goes up and down, but overall it only went up. In fact, when BTC was at its lowest since 2017, it was still like 5x more than it was in May or April of 2017... (3k versus the previous 500 to 800 dollar price).

Domains on the other hand require intelligence and research. You can't just get lucky and 10x in domains that you hand reggae. Although, I guess if you buy it for $8, then sell it on nP for like $25, that's sort of a 3x... but we all know people are talking about $8 -> $100 that turns into like $2,500. But yeah, that doesn't just happen.

 

BITCOIN HIT a NEW ALL TIME HIGH little over an hour ago...

https://www.cnn.com/2020/11/30/investing/bitcoin-prices-record-high/index.html


The New York Times
Bitcoin Climbs to Record High
The crazy cousin of traditional currencies, which fell below $4000 in March, passed $19783. More investors now are buying it for the long term.
1 hour ago


Yahoo Finance
Bitcoin hits new all time high, driven by institutional buying
The price of bitcoin hit a new all-time-high on Monday, driven by institutional buying and other factors that have accelerated in 2020.
1 hour ago

 

$19,850 Today!

 

If it crosses $20k, then it will be pumped quickly to $30k...

 

It's difficult to compare both, btc is highly volatile. I first bought the bitcoin when it was at $500 and ETH at $10. With bitcoin, there's always FOMO, but with the domain, I don't think so.

 

It's over when CNN started shilling. No longer is it a "maybe scam" because CNN is actually hyping alts... Now the moon is definite.

It's honestly going to be a huge moon in 2021. I only wish I had more to invest in crypto lol... but oh well, real life takes precedence -- you don't want to be without funds during the remainder of the pandemic.

 

whenevr I heard "moon" and btc together or altcoin for that saying, it's always
FUD & FOMO.

 

https://finance.yahoo.com/amphtml/news/steve-wozniaks-blockchain-venture-lists-212850752.html

https://www.prnewswire.com/news-rel...ficiency-investments-worldwide-301186307.html

https://www.hbtc.com/m/exchange/WOZX/USDT

Good luck to all.

 

Let's hope!

Hodl. [Boop]

 

u are smart guy.
surely u must be aware that no one including u could have or ever will be able to predict where btc or cryptos will go... up or down... I know it's hard for us to accept the fact we have exactly zero control over current or future btc value... but ... we have exactly zero control.

an asset over whose value we have zero control... is nothing more than a casino bet

and yes we dont have control over usd value either...but we all know stability of btc vs usd is not even in same galaxy.

that being said I'm glad holders won their casino bet... let's just all never forget it was a casino bet.

 

20.8k... but I had sadly sold at 19.5k

 

how is it going now

 

21904

 

Ripple says it will be sued by the SEC, in what the company calls a parting shot at the crypto industry.

https://fortune.com/2020/12/21/ripple-to-be-sued-by-sec-cryptocurrency-xrp/amp/

 

Bitcoin is being accepted in more places, by more companies,

There are a variety of avenues to invest in.
Bitcoin, Altcoin, Stocks, Real Estate, Starting a business, Domain investment.

Don't put all your eggs in one basket.

 

WOAJ! LIKE SOME KIND OF BTC CHRISTMAS PRESENT! BTC HIT 25k JUST NOW

 

I suggest don’t do it unless you can hold it as longer as you holding your domain names otherwise you will probably get reaped, the market price is stacking up by small pieces amount of money and 95% volume are fake, 95% in pool are rigged by main makers so once you put big money in pool you must get rekt, you might have win some money but ultimately it will cut you half when you get addicted to it.
By the way investing domain names has same risk too.

 

In that I have a gang of bitcoin just sitting in a couple of online wallets, and will not let go for some time, am now considering uncloaking my identity in my main wallet and collecting interest. Is anyone else doing this?

Options I am considering include
blockchain.com
blockfi.com
coinbase.com

With Coinbase, my identity is already uncloaked. In my other online wallet, I remain completely anonymous and never even login without a proxy. Uncloaking it there, for no reason, seems pointless, but to collect interest - which would be substantial actually given how many bitcoin I have, seems worth it.

But - places like blockfi - are they safe? Anyone any experience with this?

 

Celsius Network and Crypto.com are additional platforms to consider. Celsius offers better rates with no lockup period but Crypto.com does offer yield on some coins not available at Celsius. Celsius also offers collateralized crypto loans at competitive rates. Note that Exodus wallet offers around 5% APY on ADA deposits. I have used NEXO in the past but for several reasons decided to move funds elsewhere. My impression of Blockfi is that they are more geared toward those with six figures plus of crypto holdings. I have far more invested in domains than crypto. There are DEFI options for earning yield (DEFIRATE) but given several DEFI hacks and exit scams, perhaps a more established though centralized player might be safer.

 

Blockchain mentions 6% per year and from what I can see, no lockup period, but if I convert to Gold status (and uncloak myself) that might be it there might be no further opportunities to store the coins in an hosted online anonymous way. That blockchain account is grandfathered and so far there has been no pressure for me to uncloak myself within it.