Which is the most profitable investment? Domain name or Cryptocurrency?
One of the most impressive investment trends we come across today is the massive growth of crypto currencies and the blockchain technology. As we all know that the value of 1 Bitcoin has skyrocketed from $0.06USD in July 19, 2010 to the highest $6148.82 USD in Oct 21, 2017. This leads to $6148.76 profit invested in 1 Bitcoin after 7 years.
Can Bitcoin beat the most expensive domain name Cars.com? Lets do a simple calculation, comparable detailed analysis on these two most popular investment assets as follows.
INVEST IN CRYPTOCURRENCY: BITCOIN
Year 2010 - 1 bitcoin = $0.06
200 bitcoins = $0.06 x 200 = $12
Year 2017 - 200 bitcoins = 200 x $6148.82 USD = $1,229,764 USD
Net Profit: $1,229,764 - $12 = $1,229,752
Percent %: $1,229,752 / $12 x 100 = 10,247,933%
10247933% / 7 = 1,463,990 % increase value per year
INVEST IN DOMAIN NAME: CARS.COM
Year 1998 - purchase + renewals Cars.com = $500
Year 2017 - sold Cars.com = $872,320,000
Net profit: $872,320,000 - $500 = $872,319,500
Percentage % : $872,319,500 / $500 x 100 = 174,463,900%
174463900% / 19 = 9,182,311 % increase value per year
The Bitcoin value increased by 1,463,990 % per year, whereas Cars.com commanded higher value of 9,182,311 %.
Investing premium Domain Name such as Cars.com is the most profitable option than crypto currencies.