Crypto & Domains

Crypto & Domains... 2 digital assets with very different attributes....

After years of domaining, I took a break and focused on crypto starting mid 2020... and it was life changing.... The many years of buying, selling, trading & commenting on DOMAIN blogs & forums ended up being all I needed to know on how to trade a new class of digital assets, crypto.

Here is a few things that domaining taught me about trading crypto:

1) Try to be early, but if NOT, there can always be profits with a rising tide.... (So you didn't hand register a domain, buying a solid one word .com for a high price still has profits on the table)
2) An open mind is mandatory... Specialty niches happen with momentum and momentum is not bias to opinions.... (Remember the (dot)info craze, Chinese digit craze, and many more)
3) When there's smoke, there's fire .... (Just go back several years in this forum to see what came true)
4) "Blue-chip" is used with all digital assets and tends to have less risk than comparables, but come at a higher floor price.... (Dot com is like native blockchains, Ethereum & Bitcoin....gtlds are like layer 2's (L2s)... but both can be extremely profitable)
5) Influencers absolutely can "pump" or "influence" digital assets, so just be aware. (I am staying away from the domain drama on this subject, but with crypto, especially be aware)
6) Unlike traditional assets, crypto & domains both have real world use cases that remain unrealized by mainstream, which cycles this post back to #1, we are still early....

Cheers