I'll start giving away my domain names, it's all over. (1.Viewing)

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I'm getting a sense of that in a lot of places right now. I've never seen so many domainers giving up both in the .com and the .ca world.

Domaining is for those who can renew large catalogs and have the patience to wait.
 
If you're actually looking for make a consistent profit and have domains sales entirely support your business model (and are not just collecting domains for the future using wages and/or investment income to finance it) then this is a really tough day-to-day business to keep profitable.

And this is especially true if you're just starting out, as you can easily find yourself behind the 8-ball and without an aged portfolio to fall back on. Plus. you need to put a ton of work into it to make a profit. which is the real Catch-22 IMO.

Look at Twitter Tony (https://twitter.com/TonyNames) I don't think he sleeps more than a few hours a night and he's always looking for a new angle to try and beat the competition.

Domain investment is a true case study on how you need to both outwork and outsmart the competition, but it's tough to equate the financial returns with the work sometimes. And no matter how smart you are, or how much time and effort you put in, domain sales have an inherent "luck factor" built right in.

I count myself as an educated and intelligent person, and I don't think there is any field I would make less money at, with the same time investment, than in domains. That's just cold, hard fact.

But I enjoy the game and find the TBR mentally stimulating.
 
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From what little I've seen, I think domains are far more valuable as a longterm investment. If not grueling day to day to make immediate profit, then you need to have patience on the scale of decades. Demand is low now, true. But the economy is still growing, population's still growing, new businesses sprout up every day, and good domains are finite. The internet's still in it's infancy, it has plenty of time to grow. I think I'll build and maintain a portfolio of 100 or so and just hold it. Maybe I'll only get one sale a year, so be it. I think that, even if it takes 50 years, eventually it'll yield a small profit.
 
It's a competitive field now, and has been for many years.

I did not get in crazy early like some others. I just consistently grinded over the years.

I get several offers daily. Many of the domains I bought 10 years ago have 4x-5x the end users as when I bought them.

Domains with obvious potential end users tend to go up in value over time while random combos are a complete crap shoot.

Brad
 
From what little I've seen, I think domains are far more valuable as a longterm investment. If not grueling day to day to make immediate profit, then you need to have patience on the scale of decades.

Exactly. There are two types of domain investment buyers: a) those who want to create a business that consistently pays for itself and b) hobbyists investors looking to amass a portfolio using their income to pay for it.

One needs to make an annual profit, while profit is not an immediate consideration for the other.

There is no good or bad way to go about it, these strategies are just different, but more importantly, require a far different level of capital expenditure. A lot of these guys leaving domains were not spending "an extra $100K they had laying around" but were at the other the end of the scale, scrabbling to make a buck, which is tough with this economy.
 

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