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 🤷♂️ 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:
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 🤑
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 🙋♂️
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!