How One Twitter User Sold a Web Domain for $500K to a Crypto Exchange, Making Him a 3,124,900% Profit

Abstract:

• Crypto twitter member @cryptofelon has narrated how he purchased a web 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 supplied $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 identified methods of creating it within the crypto-verse. The identified strategies embrace buying and selling, early investing in tasks and NFTs, and holding Bitcoin for a number of years.

Promoting Crypto Net Domains May Additionally Be Worthwhile

Nonetheless, one crypto-twitter group 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,
instructed a multi-billion greenback CEX to kick rocks,

and negotiated my means from a $500 provide to promoting it for half 1,000,000 {dollars}:

🧵 pic.twitter.com/5LauO0vbiU

— cryptofelon (@cryptofelon) April 28, 2022

He Owned the Crypto Area for 4 Years

To begin, he purchased the net area in 2017 alongside different related ones which have generated purchaser curiosity through the years. Nonetheless, this specific one caught the eye of a persistent purchaser who despatched him a $500 provide through the GoDaddy dealer staff. @cryptofelon shortly responded that he needed 10 Bitcoin (BTC) for the location hoping ‘that it could be the tip of it.’

Every week later, he was supplied $200k, a 400x enhance 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 number of days later.

Cryptofelon refused the $200k, which the dealer was not too joyful about, telling him that he would most likely lose your entire factor. However @cryptofelon stood his floor, and his preliminary worth 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 carried out it.

[Feature image courtesy of Unsplash]