- Impact
- 1,545
What's the worst purchase you've ever made? We've all been there, you spot an interesting domain in the final minutes of its auction, and before you know it you're in a bidding war and you care more about winning than the actual domain.
I'm usually quite careful and simply don't bid on something until I've thought about it for a couple of days and done my research.
However, I once bought toppu.com for about 300 bucks in an expiring auction. Certainly not a bad brandable, but not worth 300 dollars to a reseller. I didn't even particularly want it, I just didn't want to lose - a very dangerous mindset in an auction.
I did sell it in the end, but only for about a third of what I paid for it. I could have held it and maybe got more, but the very fact I owned it annoyed me! Indeed, it wasn't the money that made it painful it was knowing I'd acted so irrationally. Even if I'd sold it for profit I'd still have hated that domain.
I'm usually quite careful and simply don't bid on something until I've thought about it for a couple of days and done my research.
However, I once bought toppu.com for about 300 bucks in an expiring auction. Certainly not a bad brandable, but not worth 300 dollars to a reseller. I didn't even particularly want it, I just didn't want to lose - a very dangerous mindset in an auction.
I did sell it in the end, but only for about a third of what I paid for it. I could have held it and maybe got more, but the very fact I owned it annoyed me! Indeed, it wasn't the money that made it painful it was knowing I'd acted so irrationally. Even if I'd sold it for profit I'd still have hated that domain.
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