NameSilo

10x Your Money In Domains Or Crypto Currency?

Labeled as discuss in General Domain Discussion, started by Silentptnr, Nov 28, 2017

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  1. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    Following the daily movements of a market would drive me crazy from stocks to anything else.

    I tried day trading stocks in the past, and while it worked out alright it was not for me. You become obsessed over movements. It can be all you think about.

    I just prefer investing long term in things I believe in.

    Brad
     
    Last edited: Jun 22, 2021
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  2. SirDrago

    SirDrago NAME JEDI VIP ★★★★★★★★★★

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    2008 I was buying 4L domains for $35...
    The above statement is incorrect.
     
  3. SirDrago

    SirDrago NAME JEDI VIP ★★★★★★★★★★

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    I truly don't understand the sad faces in the thread...
    In March myself and others were helping and "advising" to buy, it was $4,800.

    So one question to ask the pouting faces, at what price did you buy and when?
     
  4. NLP

    NLP Top Contributor VIP ★★★★★★★★★★

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    And are they worth more, or less, now?
     
  5. SirDrago

    SirDrago NAME JEDI VIP ★★★★★★★★★★

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    You misinterpreted my quote 2008 market crash.
     
  6. Amit V

    Amit V Established Member

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    Market recovering (y) Hope some took advantage
     
    Last edited: Jun 22, 2021
  7. NLP

    NLP Top Contributor VIP ★★★★★★★★★★

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    I didn't misinterpret anything. I understand what you meant about the 2008 crash, and yes, for the most part, in the grand scheme of things, domains mirror the movement of the stock market. But the better the domain, the more it's going to retain its value - *some* kind of value - longterm. Some one-word .COMs and LLLs aren't selling for as high as they were pre-2008, but my point is that nobody is going to wake up with those in their portfolio and think, "Now they aren't worth anything." They just seem like more of a longterm, stable investment.
     
  8. tdotcuub

    tdotcuub Established Member

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    Crypto ruined domain values as people are investing in crypto
    2011 4 letter.com was worth $30 then 5 years after $300 and now Average domain sells for $200. 4l domains haven't moved up since crypto hype.
     
  9. alcy

    alcy Top Contributor VIP

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    bahahah remembr when I told u few months back it will all crash around July..some dude in the know how told me.. and most disbelieved..

    anyway.. it basically happened..

    truly we must feel for the poor souls who bought the fomo at to 60k

    let us all now observe 1min silence and pray for em

     
    Last edited: Jul 24, 2021
  10. D Haynes

    D Haynes Top Contributor VIP

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    Unfortunately I feel this isn't really an argument/discussion that anyone uncertain or against crypto can win.

    It's almost like a religion to some I guess. When the market's low it's not a crash it's God moving in mysterious ways and when the market rises its a gift.

    The market could stay low for 10 years but there's always a chance it'll rise again so investors can never be wrong is a sense.
     
  11. Clover

    Clover Find your luck

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    The crypto market will not stay low for more than a few years at a time.
     
  12. Clover

    Clover Find your luck

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    Don't feel sorry for them, unless they sold at lower.
    BTC will go back up.

    This is a common bubble trend with BTC that happens almost yearly. It doubles or triples and cuts down a percentage and sits for a while and repeats. I've been watching it since 2011. It always goes up with time.
     
  13. lock

    lock DomainUsed.com VIP

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    Loads of consequences to influences all at once. Buterin Musk Gates on top of trading the constant BS of shilling gurus. Not everyone will panic and it wont be traded for one potato just yet.
     
    Last edited: Jul 24, 2021
  14. alcy

    alcy Top Contributor VIP

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    nah
    ...btc is gonna crash.big eventually..its a when...not if.. either by tether crashing or going extinct..or just because usa will regulate the living crap out of it..frankly can u blame them...hackers steal tons of money ...ransom etc..its all btc.. it's more headache than good for anyone..

    besides why use cryptos or btc..when u got instant free cross border or anywhere transactions using stable coins... all I ever put into crypto is 10k domain sales equivalent.. did some trades etc..lowest i dropped was.2k.. highest 13k before last crash ...I'm at 4k in chainlink now.. stupid me i had 1k alice b4 switch to link.. I'd sit in 8k today with alice..

    but that's life.. anyway
    ... if yer crypto rich.. quit while ahead.. greed always ends one way for all...crypto..domains...whatever...

    gl
     
    Last edited: Jul 24, 2021
  15. DYOR there are solid crypto assets out there and some pretty interesting defi products. If you learn about it from a book it might be a good investment. If you hear about it from yoru grandma....might not. Buy the dip not the FOMO.
     
  16. alcy

    alcy Top Contributor VIP

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    it doesnt matter who u hear from..what matters is that crypto did does and will make more people poorer than richer.

    keep away
    buy some domains.
     
  17. Jv1999

    Jv1999 Wander Aimlessly: Redeemed Knight of the Exo-Tower VIP

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    Sounds like you lost in crypto too when you experimented trading alts. That's how it goes. Easy come easy go.

    I had said it before also, so I'm with you.... the ones on this thread that kept screaming hodl despite obvious signs it was going to crash... they just kept on hodling. Which is good when the price goes back up in 2025.

    But like I said before... the problem with hodling is that it's like a catch22. You're never going to sell lol. So yes, you hodl through bear and make it to the bull market....... only to hodl THROUGH the bull market and enter another bear market........

    I sold at a loss recently, which is good for taxes, bad for overall profit. I'm still a little bit up, but nothing like 10x. I can't wait till it crashes because it's going to be so funny when I buy back in with my meager stash and still end up with more coins than those who held at high prices XD XD :xf.grin::xf.grin:
     
  18. alcy

    alcy Top Contributor VIP

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    well not easy come.. hehe
    ...selling domains is hard work...and i basically just converted total about 10k from few domain sales into btc..as dan payout.. at some point I was sitting on just over 1btc..but..crypto is never about coulda woulda shoulda..just what u got here and now..

    so yea with my 10k I did some trading back and forth..as I said lowest I got was like 2k after few bad tradsa and crashes..then i stopped trading..then read about new coin alice..and basically after some trades with mostly alice and few lucky doge calls..I went to 13k... then came most recent crash.. and I'm down to like 4k of like 250 chainlinks..which is really shame.cause alice is my thing..and I had like 1100 alice just couple weeks ago.. but then devil told me to switch to link. if I didn't listen to him I'd be back at 11 or 12k with alice today.

    but...here and now is all that counts..in crypto..and in life ;)

    nonetheless I've done quite bit trades and watching with Alice coin and I gotta say if u must trade ..look at alice..its quite amazing..

    if U get it at 3-5$... it's an amazing buyin

    I use binance which like many exchanges is not most transparent..recently read article bout folks suing them for recent scandal ..I forget details...

    anyway next time I'm at 10k and get my money back i quit.crypto. it always ends same way.. just like every casino trip. the house always wins
     
  19. Aroon Bhattia

    Aroon Bhattia Established Member

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  20. alcy

    alcy Top Contributor VIP

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  21. redemo

    redemo Established Member

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    Purpose of crypto is to buy things. Purpose of domain names is to link to things. Both are unstable but crypto always more value. It's a realistic possibility .com doesn't exist in mainstream usage 10 years from now. Whereas crypto will likely become more stable as it becomes more regulated imo.
     
  22. alcy

    alcy Top Contributor VIP

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    actually purpose of crypto is not to get regulated.

    definitely domains over crypto.
     
  23. redemo

    redemo Established Member

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    Well the purpose is to buy things and a popular feature is lack of government interference. Unfortunately it's inevitable in our current political system. But mate what happens if google as is widely rumoured will soon stop displaying domain names and start displaying unique brand names with a country flag icon or text name? Crypto wins imo.
     
  24. Tomasso90

    Tomasso90 Established Member

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    What is interesting enough for me is any time there's some sort of drop or rise in prices of crypto thats certainly related to Elon Musk's tweeting garbage. For me that's market manipulation.. on the other hand, the guy is a genius love his innovative thinking
     
  25. alcy

    alcy Top Contributor VIP

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    holy crap alice at 15
    ... I had like 1000 alice b4 stupid switch to link.
    I'd be at 15k now lol new record. but that's crypto...

    screw it I'm converting my remaining 4k from link to burger ... all in on burger. heh.
     

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