No problem about the loss as it was good learning but expensive at the time... I have more than recovered my losses and I sell 2-5 domains a months $100 - $500 and now I always ensure I have enough to cover my purchases and renewals...
The major thing i have learned is its easy to buy a domain name of win on the domain drops. The challenge is to sell names and make ROI... Once you can master the art of selling it will make domaining much more enjoyable...
IMO 90% of first time domainers will loose money in their first year.
It's good that you see long term potential in .TOP but for other newbies into the industry I would only recommend
.com domains. Master the art of buying and selling in .com and then maybe look at nGTLDs and give a few extensions a try? The may be some case where they can purchase a few single word nGTLDs and do some research to on-sell? I would also look at the renewals and ensure it isnt a premium and wouldnt keep any more than 10 nGTLDs starting off...
Thanks for your opinion but IMO trademedomains.TOP would be a waste of money as I don't see any return on investment with it.
I just let TradeMe.Domains drop as there was no need for it and it was only for one of my online sites.
However if I was to invest into .TOP it would be for quick flips and there is money to be made with N,NN,NNN & L,LL,LLL .TOP domains if you have the ability to sell on Jiangsu Bangning, 4.cn or maybe Namejet and buy at a very low price. It doesnt matter what gtld extention you own it can always be a challenge but you will have a better chance sell .com than other extentions.
I also have a nGTLD extension I believe in for the future but I don't promote it openly due to some newbies I often chat with may try and spend money in the wrong extensions to start with.
If you owned 8.TOP 88.TOP 888.TOP China.TOP ABC.TOP CC.TOP WON.TOP GG.TOP TTT.TOP or other similar type of names you would be taken a lot more seriously and especially if you have sales...
Best of luck with you ventures
These are the type of .TOP domains you want to own at low deal prices...
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