information What Are You Doing With Your Chinese Premium Domains?

BrandChimp · Jun 21, 2016

I'm holding my top premium 6N and 5L .com + my 3L 4N and 5N .xyz

I've sold most of my 4L .net chips

Ive invested early, I've not lost money in the chinese market yet

ben pedri · Jun 21, 2016

Sold a couple. Llll.com chips for 1900 Each A XOUPLE MONTHS Agoodrep.com KEEPING The Chinese CHIP That Would ATTRACT DIFFERENT Chinese end. Us Dr so eventually such as zthy.com

james haw · Jun 21, 2016

Note: I don't profess to have expert knowledge in the overall Chinese domain investments, just my observations.

As they're being bought as investments by end users (Chinese folks), then one has to consider that a worthy investment has to carry the potential to at least retain the outlay. So when the domain names hit a particular value it peaked out simply because end users would not reap any benefit from paying such high figures. Most certainly coupled with the fact that the Western domainers buying and selling to each other to sell on to China was driving the price up to unnatural levels.

This created a market and domain value that would not be repeated later when end users come to sell their investments, so they no longer became viable investments at that price

Like with stocks and shares, it's no good buying at the very peak as it's more risk that the value will keep climbing. It can, and does, but it's better to buy low, or at least at a stable point of the increase. Same with domain names as a long term investment. Sellers, end user, nor investors want to buy at a price that will yield no potential return later, at least needing their money back as a means for some of "storing" their money and others for making some profit.

The frenzy buying etc simply reached an unnatural and one-time peak, and was never sustainable. And in reverse, people started selling at lower and lower prices just to try to grab some profit quickly, which in some markets and domain configurations drove the price down somewhat. Some even sold at a loss.

Highly sought after like 2 and 3 N, 3L etc will still sell very well, as China are still buying, but I also think people can still get good money for decent sought after names and "true/real" CHIPS, such as 5 and 6N.com and 4L.com etc etc. But of course not if they were purchased at the prices of the peak. You'll just have to sit it out for a bit longer to get the better and later offers coming in. China is not going anywhere with their buying of short and numeric names, it's just the frenzy buying has slowed so prices have moved to a more natural level and sales are fewer.

Just my two pence/cents worth

Thanks for the post, as always.
I sincerely wish good luck to all with future CHIP sales.

ben pedri · Jun 21, 2016

RIGHT NOW I HAVE BEEN ADDING TO MY LLLL.ORG CHIPS AND LLL.INFO CHIPS IT SEEMS LICK THESE HAVE THE MOST BANG FOR BUCK AT THESE LEVELS

ResoluteDomains · Jun 22, 2016

Sold all of my 4L . com at just about the peak. Very happy with those sales.

Raymond C · Jun 22, 2016

Sold all my LLLL.com during peak season.... except OSSZ.com, like to keep this one as collection.

asset.domains · Jun 22, 2016

What about good 2kw pinyin names ?

joro001 · Jun 22, 2016

It's nice to see some positive stories above about people pretty much timing the top/making ROI.
However, I doubt you will get too many people coming on here admitting they got crushed by this gigantic crash, no one likes to admit they got it wrong and I can tell you a lot of people are underwater right now with their investments.

I personally sold out some 6n.coms/4l.com chips near the top, my big mistake was reinvesting in more 6n's and 5l.com chips near the peak so got hammered on those. Overall I personally made solid ROI from start to finish, which is the aim of all this of course so perfectly content even though I got in too late and din't time the big sales right to make huge $.

However, my biggest regret is putting in almost $10k to 5l.com chips. I fully expect to have to delete these come renewal time and lose everything on those. My single worst mistake in domains to get carried away by the hype and I can assure you it wasn't just me, but plenty others are in the same boat or even worse hoping for a miracle. For me it would be a bonus if things picked up again, not the end of the world but for others who knows where this ends, it won't be pretty IMO.

frank-germany · Jun 22, 2016

for short term trades
it maybe a good time to buy

silentg · Jun 22, 2016

I sold most of the numeric domains and got 2 left. I put those 2 up on Sedo with a bin and forwarded the domain to it.

Back to buying quality domains that can be resold for profit.

catchmesleeping · Jun 22, 2016

There really need to be end user buyers to support those prices. Still seems risky to buy chip LLLL com in bulk at $900. The market for non chip LLLL com is mainly being supported by a couple of bigger portfolio buyers at the moment. Will be interesting to see how long they keep it up.

joro001 · Jun 22, 2016

catchmesleeping said:
There really need to be end user buyers to support those prices. Still seems risky to buy chip LLLL com in bulk at $900. The market for non chip LLLL com is mainly being supported by a couple of bigger portfolio buyers at the moment. Will be interesting to see how long they keep it up.

Indeed, it's still too high and could fall a lot further before it stabilises IMO.

I think $500-600 a piece for chips presents a decent risk/reward ratio or maybe even a bit lower from buying to resell average chips to end users. (I had a serious end user offer for a chip from a Company and they wouldn't go above $1k ish in the end).

Looks like the Chinese figured that out, no end users going to buy above what you're paying it's sooner or later going to implode when domainers have enough and no one will buy above a certain level (in this case around $2.8k each).

Sickening for holders that have been hoping for a turnaround but you'd have to be very brave to call the bottom even now.

Dominic Belley · Jun 22, 2016

I am still strongly invested and investing in 4L.com (western premium only). Prices are definitely dropping in that category too and its a hard time to go through right now, but I think we've reached or will very soon reach a floor price for these. Sellers don't accept to sell them too low and sell with a reserve. They have potential for end-user sales.

I avoided 4L.com CHIP but not enough. I still have two. I made money flipping 4-5 of them but I will have to sell my remaining two at a loss at one point. Right now I don't mind holding to them for a few years and see how things go.

I am very little invested in 5L, 6N and 7N. Maybe a total of 60 domains. That is $500 down the drain. I'd be glad to recover a third of that investment.

Lily Yang · Jun 23, 2016

james haw said:
Note: I don't profess to have expert knowledge in the overall Chinese domain investments, just my observations.

As they're being bought as investments by end users (Chinese folks), then one has to consider that a worthy investment has to carry the potential to at least retain the outlay. So when the domain names hit a particular value it peaked out simply because end users would not reap any benefit from paying such high figures. Most certainly coupled with the fact that the Western domainers buying and selling to each other to sell on to China was driving the price up to unnatural levels.

This created a market and domain value that would not be repeated later when end users come to sell their investments, so they no longer became viable investments at that price

Like with stocks and shares, it's no good buying at the very peak as it's more risk that the value will keep climbing. It can, and does, but it's better to buy low, or at least at a stable point of the increase. Same with domain names as a long term investment. Sellers, end user, nor investors want to buy at a price that will yield no potential return later, at least needing their money back as a means for some of "storing" their money and others for making some profit.

The frenzy buying etc simply reached an unnatural and one-time peak, and was never sustainable. And in reverse, people started selling at lower and lower prices just to try to grab some profit quickly, which in some markets and domain configurations drove the price down somewhat. Some even sold at a loss.

Highly sought after like 2 and 3 N, 3L etc will still sell very well, as China are still buying, but I also think people can still get good money for decent sought after names and "true/real" CHIPS, such as 5 and 6N.com and 4L.com etc etc. But of course not if they were purchased at the prices of the peak. You'll just have to sit it out for a bit longer to get the better and later offers coming in. China is not going anywhere with their buying of short and numeric names, it's just the frenzy buying has slowed so prices have moved to a more natural level and sales are fewer.

Just my two pence/cents worth

Thanks for the post, as always.
I sincerely wish good luck to all with future CHIP sales.

I basically agree your analysis,for example,there are investors purchasing 4L.CNs on a large scale recently.However,domain market can't be that large like stock market,it could be influenced heavily by large-scale growers.So we all know the principles but we're still trying to get what we want.

fabmy · Jun 23, 2016

For the last few months (and last week), I sold a few N domains, one sold for $ 500 and was 13 digit, others 6-7-8 digit successfully sold for $ 100 each.
They were sold by auction Godaddy, Afternick, Facebook and other forums...
Nobody was not sold in Namepros

domainerfella · Jun 24, 2016

The poll is interesting. Currently 161 people have faith in the market if you add holding and buying more together as opposed to 90 people who are selling off.

accent · Jun 25, 2016

Looks like this thing could over-correct on the down side, like it did on the up.

I saw a photo of the domain conference auction in China last week. There was a big hall, maybe 2000 people, each paid $200 to get in. The people at the auction were looking intent - they were not mere watchers. The Chinese domain market is new but quite strong. I suspect it will become more rational --- slowly.

Pierre Barnard · Jun 30, 2016

HI everyone,

I also have 2 Pinyin Domains I would like to sell, but not too sure which marketplace is best for these.

MeiLiDeNuRen.com: 美丽的女人 (beautiful woman)
AND
MeiMeiNuNu.com (pretty girl)

Any help will be appreciated.

TDM · Nov 21, 2016

Half year later..

Any news on LLNN and NNLL com

The average price (namebio) seems to be around 150-250 $ (with big outlier on the upside ~4k)

ben pedri · Nov 21, 2016

Joe granville "Sell Everything''

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