Abstract:
- Crypto twitter member @cryptofelon has narrated how he purchased an internet site area for $16 and later offered it for $500k to a crypto trade
- He bought the area in 2017 and offered it in September 2021, making a 3,124,900% Revenue
- @cryptofelon was initially provided $500, then $200k
- However he insisted he needed 10 Bitcoin (BTC), which went for between $435k and $450k on the time
There are a number of recognized methods of creating it within the crypto-verse. The recognized strategies embrace buying and selling, early investing in tasks and NFTs, and holding Bitcoin for a number of years.
Promoting Crypto Internet Domains Might Additionally Be Worthwhile
Nonetheless, one crypto-twitter neighborhood member, @cryptofelon, has narrated how he made a 3,124,900% revenue by promoting a crypto-related web site area to a multi-billion greenback crypto trade after telling its representatives ‘to kick rocks.’
In his story that may be discovered within the Twitter thread beneath, @cryptofelon narrates how he bought the stated web site area for $16 and would later promote it for half 1,000,000 {dollars}.
how i purchased a crypto area for $16,
advised a multi-billion greenback CEX to kick rocks,and negotiated my method from a $500 provide to promoting it for half 1,000,000 {dollars}:
— cryptofelon (@cryptofelon) April 28, 2022
He Owned the Crypto Area for 4 Years
To start out, he purchased the online area in 2017 alongside different comparable ones which have generated purchaser curiosity over time. Nonetheless, this specific one caught the eye of a persistent purchaser who despatched him a $500 provide by way of the GoDaddy dealer staff. @cryptofelon shortly responded that he needed 10 Bitcoin (BTC) for the positioning hoping ‘that it might be the top of it.’
Per week later, he was provided $200k, a 400x improve from the preliminary provide. However he ignored the provide, stating the next:
However that’s not what I requested for. I needed 10 bitcoin, and I used to be going to get 10 bitcoin.
And so, I ignored the provide. I turned down $200k — for a site that solely price me $16. a 12,500x revenue. I knew my value. They got here again once more, a couple of days later.
Cryptofelon refused the $200k, which the dealer was not too completely satisfied about, telling him that he would in all probability lose the complete factor. However @cryptofelon stood his floor, and his preliminary value of 10 Bitcoin (BTC). He stated:
They REALLY didn’t like that [10 Bitcoin]. Despatched me a novel. Negged my area. Tried to disgrace me out of the reckless maneuver i used to be going for.
After this, radio silence. no replies. I waited. I had waited 4 years to promote this area. I may wait longer.
And every week later, I ended up reaching out. I needed 10 bitcoin, and to be truthful, 10 bitcoin was cheaper than it was when i requested for $500k…
After which, I had it. $435,000. from beginning at $500 -> $200k -> $350k, I now traded a $16 area for $435k. I had achieved it.
[Feature image courtesy of Unsplash]
