poll Are You Making Money, Losing Money, Don't Know

[Silentptnr]

Are you making money domaining, losing money, or just don't really know? Feel free to comment!

 

[briguy]

I make enough benjamins to lose count. lol

Big bucks where I am..

As of this posting $100 (USA) = $131.01 Canadian

In reality, only make money when the Canadian dollar is strong, cost me money when weak...So I try to sell when USA dollar strong, buy when weak...pay for hosting/etc when Canadian dollar strong..

So to answer the OP question, until I start noting the exchange rate (when I buy then sell etc) really not sure if I am making or losing money

 

[Raimond]

I sincerely wish you a long life !

In the case it's really sincerely and not "sincerely" - thank you very much!

By the way, the terms Speed and Acceleration have two fundamentaly different meanings...

 

[frank-germany]

In the case it's really sincerely and not "sincerely" - thank you very much!

By the way, the terms Speed and Acceleration have two fundamentaly different meanings...

its sincerely - I have checked it in a dictionary !

 

[garptrader]

1% industry portfolio turnover (pre new TLDs) meant there was a lot of inventory waiting for a buyer and likely priced higher than any buyer was willing to pay

With 15 million new registrations the last couple years there is even more inventory waiting for a buyer. Keyword.xyz is probably priced lower than the equivalent .COM but is there an end user willing to pay a premium price for it? I often see .XYZ domains at Godaddy Auctions (for keywords I have in other TLDs) priced at five figures.

 

[Silentptnr]

Landing pages are very important!

 

[dnk]

Make a little money, but there are opportunity costs in india, as women domainers are treated worse than animals by security, intelligence agencies , who falsely claim that 8-10 fraud R&AW/CBI/intelligence employees own my domains, to get these frauds a monthly salary, when these fraud government employees do not spend a single rupee on domain expenses or do any work online. It is a very big fraud with large corporates like google, tata allegedly involved.

In panaji, goa I am being tortured daily, in very great pain, denied my fundamental rights, I would make more as an experienced engineer, if I never invested a single penny in domain names. Now I find it difficult to exit, as I am held virtual prisoner with no one to help as most indian intelligence and security agency officials are completely devoid of humanity, honesty and shame.

Female domain investors who are single in India are used for non consensual human experimentations like jews in nazi germany, with microwave weapons causing great pain and wireless technologies used on them daily, after making fake allegations without any proof at all. The health problems caused by the cruel criminal indian government officials posted in panaji, goa could be expensive in the long term

 

[keston57]

Neutral, since I'm new and don't have quality domains

 

[keston57]

Neutral, since I'm new and don't have quality domains

 

[adamson791]

I started in Jan knowing nothing and early domain purchases reflect that. Will probably need to let them drop though amd recent purchases have started to yield some profit. Overall still not yet in profit overall unless I can sell some high ticket domains at a price that will offset the loss on some bad previous domains.

 

[mpls]

I'm losing (a lot of) money.
Sometimes I ask to myself how can I make 3k per month (where I live, in my country, in my city you need 2.5/3k Eur. per month) and live with domaining.
I've buy domiains, develop dozens sites, I've invest a lot of money, but my return is 0 Eur.
0 Eur. guys.
0.

 

[wormfood]

Many ppl enter this game thinking, "RandomMissspelledTerm.com sold for $5k, so I could get rich regging a piece of sh*t, too!" I'll go on a limb and say 99.5% of every domaainer in the world is in the red. That's a huge number to estimate, but I stand behind it. Once you're handed the reins, you see that it's not as easy as regging something and making money in your big-ass pool, on the south wing of a mansion. Sometimes, circumstances are there that make a terrible domain sell well. I'd hate to be the messenger here, but these sales are freakishly large for a reason (Does the domain come with assets? Trademarks? Maybe a developed website?) ppl enter this game with dollar signs in their eyes. And most leave with the dollar signs morphed into tears. That's simply the reality of it.

Surely, there are successful domainers out there other than me. There is no way I’m alone in this boat. Yes, I make far more than the average domainer (going by my belief that the average domainer sees no profits). But let me tell you: it didn’t happen overnight. I’ve been doing this for well over a decade. I’ve lost THOUSANDS of dollars before I learned to pull a profit. Should I have quit long ago, back before my losses grew to Draconian figures? Honesty, it might have been for the best had I quit. But with practice and a stubborn-as-hell mindset, I learned the tricks of the trade. Last year, for example, I bought a domain for about $17 and sold it a month or 2 later for $2000. If you’re stubborn yet willing to learn, there are a lotta possibilities out there for you.

But it’s a process. If you aren’t making money, feel better knowing that you’re one of 99.5% who also hasn’t entered the green. But if you try hard and smart enough, you’ll escape that domainer hell. I do advise though that if you’ve failed to profit after a year, STOP EVERYTHING ELSE and take a long, hard look at your portfolio & sales practices. If no profit is there after a year, well, there has to be a reason somewhere. You might be best off getting as far from domaining as possible. Yet like me, you might actually get somewhere… with stubbornness and the willingness to learn.

Why do you stand behind 99.5%? You didn't just make that up?

 

[elevator]

to make money with domains you need patience
play it long term ( multiple years )
you can't lose in a rising market
most of my domains sell after 5 or 7 years

After 5 or 7 years or what?

 

[Raimond]

Making money.

16 months ago started reading domaining forums, blogs, etc... (with some shorter or longer breaks from time to time).
11 months ago bought my first domain for reselling (hand reg.). A month ago sold that domain (to end user, outbound). Profit = $67 - $1,xx - paypal fee = $63.

In the meantime bought my second hand reg. for several bugs. Tried to sell it outbound to end users in 2-3 rounds, but no success so far.

After my first sale I've been reading NP forum all day long for 1 month (Sundays not included!). In a few days I'm going to search my domain No3. This is my way of getting acceleration in this business. Simple.

 

[frank-germany]

Making money.

16 months ago started reading domaining forums, blogs, etc... (with some shorter or longer breaks from time to time).
11 months ago bought my first domain for reselling (hand reg.). A month ago sold that domain (to end user, outbound). Profit = $67 - $1,xx - paypal fee = $63.

In the meantime bought my second hand reg. for several bugs. Tried to sell it outbound to end users in 2-3 rounds, but no success so far.

After my first sale I've been reading NP forum all day long for 1 month (Sundays not included!). In a few days I'm going to search my domain No3. This is my way of getting acceleration in this business. Simple.

I sincerely wish you a long life !