- Digital Asset Investor
- Posts
- 💸 MSTR Leverages Fiat Ponzi
💸 MSTR Leverages Fiat Ponzi
Five new website deals on Flippa unlocked, plus the latest industry news
Richard Patey
November 20, 2024 • Estimated Reading Time: 7 minutes
Coming up...
📝 Patey’s Update
A couple of Bitcoin cycles ago I used to be able to invest in Bitcoin through a European exchange traded note product on my pension platform. I sold out on the way down looking to get back in when Bitcoin came back to $3K in 2019, but left it too late and wasn’t able to as the FCA banned crypto products here in the UK. As such I’d been riding Tesla for the next 4 years, until last year when I swapped into Microstrategy ($MSTR) ready for this cycle.
MSTR is up almost 10x on the year:
I’ve been looking into why it’s been outperforming everything, and it appears to me to be two things: a leveraged bet on Bitcoin, and also a way to build enterprise value by raising cheap fiat money (convertable debt) that depreciates over time, and converting for hard sats that appreciate over time.
It feels like an infinite money (or enterprise value) glitch that Michael Saylor has found, as I posted in the community:
Leveraging like this is risky, and only works in bull markets. But that is exactly what we are currently in with crypto, and right now I know no better way to build wealth:
Make your first $100K from online business, poker, whatever doesn't break the law
Put it in $MSTR
Retire
— Richard Patey (@RichardPatey)
1:37 PM • Nov 20, 2024
📰 Digital Asset Industry News
🚢 Globalists are parasites: World Economic Forum has content from Three Ships - Link
🎯 Backlinks give you an unfair advantage - Link
🐙 Latest core updating favoring subdomains makes abuse easy - Link
🚀 MSTR is most traded stock in US today, outperforming Nvidia on 5 year chart - Link
₿ Bitcoin reaches new all-time high of $94K - Link
🔓 Latest Flippa Website Deals Unlocked
There are currently 467 (+10 on last week) listings between $100K and $1M in the websites category on Flippa, and 21 new ones to me since last week.
Below are ones that looked interesting which I unlocked to take a look at using my Flippa Premium membership. You can get 3 months access for free using this link and bypass NDA approval.
“A 5-year-old Shopify store specializing in wooden watches, consistently generating profits with a steady growth rate. A beginner-friendly jewelry store.” - Internationalized domain name (unicode) this one, kind of threw me when I put it into Ahrefs, beautiful looking products, has brand search traffic (but it’s not exclusive for it), primary channel Google Ads, $266K ask - Listing URL
“Fastest-growing Framer and Figma library” - great looking wordpress site, but almost no search traffic showing in Ahrefs as it’s leveraging other marketplaces, $360K ask - Listing URL
“Fast-growing swimwear brand with recognized name in the industry. An incredible opportunity to step into a premium brand with a proven track record of success.” - Shopify store, v little search traffic so has to be paid acquisition, decent domain name, inventory included in deal, $400K ask - Listing URL
“Testosterone.org is for sale to focus on new projects. This established platform offers prime content and SEO, ideal for expanding in mens health and wellness.” - Great domain, almost no search traffic, $150K ask - Listing URL
“10yr old Established Broad Wordpress Content Business, Consistently Generating $5,657/m in Net Profit from Sponsored Posts & Display Ads” - Generic blog, traffic showing as spiked up after August core update, $105K ask - Listing URL
🛠️ Top 3 Solutions Worth Checking Out
📈 FUTURE OF PRIVATE EQUITY IS WEBSTREET - Invest in high-growth online businesses like SaaS and Amazon FBA in WebStreet’s Fund 10. They offer fractional investors 10-15% quarterly cash dividends and a 20% projected IRR. Apply Today to Access Fund 10
💬 DOMAIN INVESTORS - Start the conversation with a .chat domain name from Porkbun! It’s perfect for customer service, sharing info, chatbot assistance, and so much more. Get a .CHAT domain name for less than $2 for the first year now.
🐝 THE NEWSLETTER PLATFORM BUILT FOR GROWTH - Created by the early Morning Brew team and now powering the world's top newsletters, I’ve been an early user (and investor). Get 20% OFF for 3 months as a Digital Asset Investor Reader!
The Rule of Seven states that a prospect needs to interact with a brand at least seven times before they’re likely to take action or make a purchase. Brand visibility in an influencer run newsletter should be valued as much as performance. This is why I price on CPM starting at $70 for a single placement but drops to $30 in a bundle.
That’s it for this week, until next time, catch me in the community.
Cheers!
Richard (@richardpatey)
Disclaimer: Nothing in this email is financial advice and I am not a professional investment adviser. I send weekly updates on digital asset news and what I'm doing personally - consider it informational and for entertainment purposes only. There are native ad sponsorships from the beehiiv ad network and ones I source via Passionfroot. Plus I add affiliate links to software I use, website marketplace listings such as Flippa, and crypto exchanges.
Reply