2 years ago
Summary:
- Crypto twitter subordinate @cryptofelon has narrated however helium bought a website domain for $16 and aboriginal sold it for $500k to a crypto exchange
- He purchased the domain successful 2017 and sold it successful September 2021, making a 3,124,900% Profit
- @cryptofelon was initially offered $500, past $200k
- But helium insisted helium wanted 10 Bitcoin (BTC), which went for betwixt $435k and $450k astatine the time
There are respective known ways of making it successful the crypto-verse. The known methods see trading, aboriginal investing successful projects and NFTs, and holding Bitcoin for respective years.
Selling Crypto Web Domains Could Also Be Profitable
However, 1 crypto-twitter assemblage member, @cryptofelon, has narrated however helium made a 3,124,900% nett by selling a crypto-related website domain to a multi-billion dollar crypto speech aft telling its representatives ‘to footwear rocks.’
In his communicative that tin beryllium recovered successful the Twitter thread below, @cryptofelon narrates however helium purchased the said website domain for $16 and would aboriginal merchantability it for fractional a cardinal dollars.
how one bought a crypto domain for $16,
told a multi-billion dollar CEX to footwear rocks,
and negotiated my mode from a $500 connection to selling it for fractional a cardinal dollars:
— cryptofelon (@cryptofelon) April 28, 2022
He Owned the Crypto Domain for 4 Years
To start, helium bought the web domain successful 2017 alongside different akin ones that person generated purchaser involvement implicit the years. However, this peculiar 1 caught the attraction of a persistent purchaser who sent him a $500 connection via the GoDaddy broker team. @cryptofelon rapidly responded that helium wanted 10 Bitcoin (BTC) for the tract hoping ‘that it would beryllium the extremity of it.’
A week later, helium was offered $200k, a 400x summation from the archetypal offer. But helium ignored the offer, stating the following:
But that’s not what I asked for. I wanted 10 bitcoin, and I was going to get 10 bitcoin.
And so, I ignored the offer. I turned down $200k — for a domain that lone outgo maine $16. a 12,500x profit. I knew my worth. They came backmost again, a fewer days later.
Cryptofelon refused the $200k, which the broker was not excessively blessed about, telling him that helium would astir apt suffer the full thing. But @cryptofelon stood his ground, and his archetypal terms of 10 Bitcoin (BTC). He said:
They REALLY didn’t similar that [10 Bitcoin]. Sent maine a novel. Negged my domain. Tried to shame maine retired of the reckless maneuver one was going for.
After this, vigor silence. nary replies. I waited. I had waited 4 years to merchantability this domain. I could hold longer.
And a week later, I ended up reaching out. I wanted 10 bitcoin, and to beryllium fair, 10 bitcoin was cheaper than it was erstwhile one asked for $500k…
And then, I had it. $435,000. from starting astatine $500 -> $200k -> $350k, I present traded a $16 domain for $435k. I had done it.
[Feature representation courtesy of Unsplash]
English (US) 