Are Most Domainers Selling Their Domains To Get Into Cryptocurrency

So a post from Rick Schwartz today really caught my eye in it he made a clear point Domainers are selling LLL COMs for too little. Dont rush and make sure the sending and receiving addresses are correct.

Crypto Domaining Are You Still Investing In Crypto Domains Godomaining Com

Its the silver equivalent of cryptocurrencies and is the first major crypto project to introduce smart contracts.

Are most domainers selling their domains to get into cryptocurrency. You are also able to use your own self custody wallet to hold domains. But many of the domains being held are average or mediocre yet they ask and hold out for lottery style offers often which they will never get. December 11 2017.

Just the ROI in crypto in general is different than in to domain names market so are the. HttpswwwsecgovArchivesedgardata0001855747000119312521208025d162671ds1ahtm They use the singular domain name but its really multiple domains as it. In fact many businesses are just getting round to realising they HAVE to have an online presence.

Any alternative to this is a direct attack on their revenue streams and considered a threat to their. Ali Zandi a well-known domainer made 58000 profit in 60 days selling 8 domains and finally a 10 domain investment turned into 2600. The domain market isnt being affected like other industries.

200 million NEO will exist. This is the latest in a string of cryptocurrency related domain names that have sold. Study the forums and speak to other successful domainers only after doing this for up to six months would I advise investing in more names.

Its also the second-most liquid cryptocurrency after Bitcoin which means you wont have any problems buying or selling Ethereum. Users can attach their one simple crypto address to more than 70 crypto assets including Bitcoin Ethereum and many more which will allow them to send and receive cryptocurrency without the. Its the second-largest cryptocurrency as per its market cap of US290 billion.

This means NEOs supply is really already distributed to users and now demand just needs to keep rising. How can I get a piece of the action. Most of the domainers are in to domaining for the same reason people invest in to crypto you might call it get rich quick guys but in the end of the day same applies for us the domainers.

They are overpricedoverrated and not worth keeping even for the reg fee. Sure there are some domains that for whatever reason get a huge offer. Yes but only for holding your blockchain domains.

And as many domainers and domain bloggers have stated at least once a year it is good to go through your inventory and clean out the rubbish translation. Every day it seems like domain names that have coin or crypto in them are selling at auction or selling via aftermarket platforms. GeorgeKirikos It seems that the Blend com domain name was acquired for roughly 200K see p.

You Make Sloppy Mistakes. Hold your horses buddy. Take your time when transferring your money.

And are taking their services and products online for the first time - And most businesses are EXPANDING their online activities. 3 letter domains are selling for around 25k-37k. Any less is weak.

Can you imagine all the money domainers have paid thru paypal doing deals between each other on forums etc what cryptocurrency can do for fees and exchange fees is amazing this is the issue institutions who make much of their funds on currency exchange fees wire transfers etc will donate funds to shut it down. Its natural to ask yourself questions like. Hearing about these numbers makes anyones head spin.

For example if you 2x your investment 55 of the time then you can afford to lose 45 of the time as you will make money in the long run. 100 million NEO were created at the genesis block 50 million were sold to early investors and 15 million are unlocked for funding development. To us as domainers we can see a function for crypto currency but I have a lot of friends who are professionals and they are hesitant they know if they keep their coins on a mobile they can be hacked they are scared of losing their cold storage device it isnt a efficient system in that respect.

Its pretty clear 2017 has been the year of cryptocurrencies and in the domain industry it seems that cryptocurrency-related domain names have been big sellers. I get that many really good domains sell. Whenever a new technology comes out people rush to buy domain names related to it.

110 of what the prices should be and probably will be in the not too distant future. Domainers have worked out and well formulated tried and true strategies invested money done the research and built business models around the existing dotcom world. In order to send and receive cryptocurrency using your domain you will use wallets that have integrated our software.

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