Tired – buying Handshake domains, Wired – buying HNS

Handshake Coin

Okay, before you attack me in the comments the title of this post was just intended to get your attention…which if you’re reading this now I guess it might have šŸ¤·ā€ā™‚ļø At the same time, I’m starting to wonder if the real money to be made in the world of Handshake domains might be in the token itself.

This week Shane shared a bit of his experience with Handshake that echoes this sentiment:

Domain Shane HNS

Let’s be honest, 5x ROI is damn good in any market and given that on average 1% or less of an investors domains sell each year, it could be a path to greater and more deterministic returns in the Handshake world.

The good news here is that you can believe in Handshake, but invest in two different ways. Of course the same is true with legacy domains, you can buy stock in Verisign and if you did five years ago, you would have doubled your money šŸ¤‘

Verisign Stock 5Y chart

The difference between something like Verisign stock and HNS token is, well, the stock market is kinda boring and reliable and crypto is wild and crazy. I HODL my crypto until I’m well over 10x or more, a lot more, and that’s all very possible, 2x – 3x on a stock, and that’s damn good, most people sell.

While there are stocks like Tesla that do wild and crazy things, I think we can all agree that’s more of an outlier than the norm, and Elon is a big crypto fan who’s been fanning the DOGE flames and helping some of us make some $$$ along the way šŸ™‹ā€ā™‚ļø

The $HNS I’m buying today I probably wouldn’t sell until it gets to 20x+ what it is. Which means I either ride the Handshake wave down to zero, or I join the Handshake Lambo club. Just kidding, you should all know by now I’m not a Lambo guy…

In all seriousness, I’ll be revisiting my article from earlier this year about how I plan to invest my first $20,000 in Handshake because my thinking is changing and I’m probably going to end up biasing more towards the token than individual names.

Okay, now it’s your turn – what do you think? Comment and let your voice be heard!

{ 2 comments… add one }

  • Don April 22, 2021, 10:36 pm

    The funny part is people will buy HNS domains for 100 HNS then put a price of 200,000 or some funny amount the next day.

    In all I hope brave will accept hns domains. Now if google ever accepted hns domains IMO this would be at $10-20 a token. But for now it will shift back to to the 40-50 cent range next week. Support levels are trending down.

    Once brave or smaller browsers start accepting these it could be a major shift. Also those other poor gtld’s will get destroyed by hns names. It is just a matter of time before certain browsers accepts these. And new gtlds do not have it. I say the first one will accept in 3-6 months. šŸ™‚

    .com is still king but these will eat away at every extension. Google wins regardless if they accept these or not. But how in the hell to compete with owning your extension 5-10k vs 135 million if your .web LOL. >web train has passed.

    Reply
  • Rob April 24, 2021, 12:33 am

    I see a concerted effort across every industry to turn everything into tokens and then turn those token into something of “value”.

    To put it bluntly, the only reason to do that it to commit or hide fraud. Muddy the waters, pretend something has uniqueness or “value”, sell something multiple times, or sell something which is not really there.

    Not for me thanks. Tokens are not real things or assets. I buy real things. Give me the real domain (or other real tangible item) or if someone else pays more then I don’t have it. Simple.

    Reply

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