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discuss Buying domains without a reason

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Amar D

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Hello,

I think that I have a problem. I'm buying domain names without a reason. I think this is some kind of addiction, like gambling/alcohol etc. Buying too much domains without using them, or success of sale them. But when I see some keywords in media, I'm instantly searching for domains with that kw to try to resell it. Sometimes I fu*k my whole salary on that. Do you have that kind of problem with domain buying obssesion?
 
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why would you post your personal email address/s on a public forum?
It a random email address, not mine :D I'm saying I should stop to seek for short and cool email.
 
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It a random email address, not mine :D I'm saying I should stop to seek for short and cool email.
phewww! :xf.smile:

Was going to say that would not be a good idea and it might be a good idea to stop buying any domains for a while, not just "short and cool email" ones.....
 
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It's like gambling. You go to casino aparat, invest 10$ and maybe win 200$.
I sell domain that I paid 0.99$ for 400EUR. And then party goes on. I just start to buy domains, that I think it's smart to buy... but at the end they expire unsold. Money wasted.

1) Patience

2) Find a partner and don't buy a name unless you both agree.

3) Add up the money you've wasted. Stop buying and save your money until you can afford ONE good domain. Lot's of professionals willing to give advice when you need it but you have to ask.
 
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Thanks for advice. All advices from you guys are good. Someone will google one day this topic, so it may be userful.
 
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I love this thread because I too am caught up with these addiction .
But I think I have slowed down

after reading, and reading much article, I started being more addictive to reading articles about this business.

I use two registra and after reading, I told myself the damn truth and helped myself spot out the bad names that if the don't sell this year am dropping them,
So I switch off the auto renewal on the names I wouldn't want to renew if the don't sell.

Domaining can be addictive, But if treated as a business it will be productive.
 
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Hehe even in business is some emotions when fail to make money. Btw, sorry for my bad English. I'm a German language speaker, and Bosnian as my native.
 
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I just stay optimistic when it comes to domain, that does not mean I buy rubbish name and stay optimistic,
No !!!!!
I do my homework,

As we all know
Life itself is a Risk is even more riskier not to take a risk...
I risk my money on good names and I stay optimistic,
Just like every other business
 
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Been in 'the phase' and reggd many crap names but i got NP forum at the right time. Read some really nice threads and discussions over here and that put some sense in to me.
Now i am more thoughtful before reg. a domain name.
 
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Hello,

I think that I have a problem. I'm buying domain names without a reason. I think this is some kind of addiction, like gambling/alcohol etc. Buying too much domains without using them, or success of sale them. But when I see some keywords in media, I'm instantly searching for domains with that kw to try to resell it. Sometimes I fu*k my whole salary on that. Do you have that kind of problem with domain buying obssesion?


I do dis too for exo. but i made a 2k sail and some random xxx sails to save me lol.

I realized from there that domaining is like a casino where you actually have a high chance to take profit!

so it means, you have to pick the correct domains... then it won't matter if you get caught in the endorphins and go on a mass-reggae / tower spree... because they'll eventually sail 4 profit. I mean, it's the best of both worlds, is it not? You feeding your gambling addiction + you making MONEY from "this gambling."

But you should also know when to stop. For example, if ur bank acct goes to negative, then don't buy anymore or even look at tower and then start concentrating on outbound.

I'm pretty sure you won't get a casino-like rush where you actually make money anywhere else but domaining. Crypto has the rush but... that's most likely gambling unless you know TA or are hodling long term. ^_^
 
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I've built the following chart that shows all of my acquistions (650+ transactions) and sales in the last 4 years. Clearly shows my pitfalls, and my strenghts. The steep uptrend at the end of the chart, is when I found my strategy that works for my personality/lifestyle. Before that I was shooting in the dark with crappy handregs, and expensive aftermarket acquisitions. Not saying it is all good now, my goals are despite being relatively moderate, would be off the chart. But I definitely become much more conscious with my acquistions than before. Monitoring your own performance is a must I think.

It is also great for setting mid-long term goals, that can make you more disciplined, and force you to stick to a plan.

So for folks who are just starting out, log all of your transactions somewhere. Acquistion date, expiration date, cost, registrar, active sales platform for each domain, etc... at least the first three. It will come handy.

performance1.png
 
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Anyone facing this should do their finances on month to month basis, should only take a hour or two but will surely tell you where you stand.
 
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domaining is just like buy a lotto ticket but maybe with better odds to win something more often.

its all a gamble plain simple.

u dont need brains to make $, just alot of luck and timing in domaining helps

listen if happylook .com can pull in $40,000 u have a chance!
 
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One example, how my brain works.
There are sites: fksarajevo.ba, tuzla-airport.ba, sarajevo-airport.ba

I've bought all .com variants of it. Why? It's a fu*king international airport in my home country, I think I someone will be smart at that airport and say "Most of airports are using .com domain, why do we use .ba, let's buy the .com"... But no, my plan fails.

FKSarajevo.ba is the no1 team in country going to Europe championship. Some foreign investitors own it, and I think they will be using .com variant. But no, fail again, they will not even answer to my email with offer with my .com variant.

I've enabled catch-all for all above domains. Got ton of mail for football, and this for airport with questions "where to buy ticket, how much costs" bla bla from real person. People are typing .com instead of .ba, but... no one has interres for .com :D
 
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domaining is just like buy a lotto ticket but maybe with better odds to win something more often.

its all a gamble plain simple.

u dont need brains to make $, just alot of luck and timing in domaining helps

listen if happylook .com can pull in $40,000 u have a chance!

Luck and timing helps in anything. Still, while outlier sales happen, there are many successful domainers who have built a business on repeated sales. It is not just random.

Brad
 
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Luck and timing helps in anything. Still, while outlier sales happen, there are many successful domainers who have built a business on repeated sales. It is not just random.

Brad
obvious
 
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Hello,

I think that I have a problem. I'm buying domain names without a reason. I think this is some kind of addiction, like gambling/alcohol etc. Buying too much domains without using them, or success of sale them. But when I see some keywords in media, I'm instantly searching for domains with that kw to try to resell it. Sometimes I fu*k my whole salary on that. Do you have that kind of problem with domain buying obssesion?

Thanks for your post. You have been very honest.

You could own every single media domain in the entire world and you'd still be the same person.

I do have an obsession with domains, but I've moved away from speculation and into investing in a commodity: two word dot-com domains.

I do that by removing as much emotion as possible.

1. I check there are no USA, UK and EU community marks.
2. I check both words in name bio for sales. Take a word "curse". There are like four sales ever in namebio with the word "curse". This is pointing to a bad domain.
3. Often I check extension history on domaintools. Let's say nobody ever registered the dot-net, dot-org, dot-info, dot-biz, dot-us. This is pointing to a bad domain.
4. For descriptive domains, I will check search volume and bids on Google. Small volume is pointing to small demand.

After those checks there is very little emotion left about the domain. At that point, it's either a good investable domain or a bad domain.
 
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One example, how my brain works.
There are sites: fksarajevo.ba, tuzla-airport.ba, sarajevo-airport.ba

I've bought all .com variants of it. Why? It's a fu*king international airport in my home country, I think I someone will be smart at that airport and say "Most of airports are using .com domain, why do we use .ba, let's buy the .com"... But no, my plan fails.

FKSarajevo.ba is the no1 team in country going to Europe championship. Some foreign investitors own it, and I think they will be using .com variant. But no, fail again, they will not even answer to my email with offer with my .com variant.

I've enabled catch-all for all above domains. Got ton of mail for football, and this for airport with questions "where to buy ticket, how much costs" bla bla from real person. People are typing .com instead of .ba, but... no one has interres for .com :D

Jbg. da si kupio Zeljo.com sigurno bi bolje prosao :)
(this is a joke and only people from ex YU will understand)

Back on topic, little advice - do not buy any names related to this Balkan countries - BiH, Serbia and Croatia. It is a waste of time and money.
Albania and Montenegro are different story.
 
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I only buy premium domains that will always have some intrinsic value. Occasionally I will hand reg lesser quality domain or buy some at auction in the XXX- XXXX range but those higher priced ones always require a lot of thought and planning to figure out who would be interested in buying for a higher price.

If you are spending $200 a month on rubbish domain bought on impulse, you need to stop. It is better to save $1200 over 6 months and buy 1 better quality domain that you can spend time researching before you buy.
 
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domaining is just like buy a lotto ticket but maybe with better odds to win something more often.

its all a gamble plain simple.

u dont need brains to make $, just alot of luck and timing in domaining helps

listen if happylook .com can pull in $40,000 u have a chance!

Happylook is a great name. Would certainly bid mid xxx for that and price in xx,xxx or just use for a business.
 
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Also after that I was doing cybersquating and I didn't know anything about that term. Swiss companies were buying domains just normally from me when I offer it to them. After that I make little sales of 400€ once in 5 months. But spend ton of money. More in minus, than in plus.
Registering tons of domains in minutes is a bad idea. It take much time to research a good domain name. So, you need to calm it down. Make a decision to only invest in one or two quality domains per month.
 
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Yeah, this is funny. I have the same sort of problem. I suppose it's like over-kill stamp collecting.
 
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JBTS !!

just buy the stuff
 
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One example, how my brain works.
There are sites: fksarajevo.ba, tuzla-airport.ba, sarajevo-airport.ba

I've bought all .com variants of it. Why? It's a fu*king international airport in my home country, I think I someone will be smart at that airport and say "Most of airports are using .com domain, why do we use .ba, let's buy the .com"... But no, my plan fails.

FKSarajevo.ba is the no1 team in country going to Europe championship. Some foreign investitors own it, and I think they will be using .com variant. But no, fail again, they will not even answer to my email with offer with my .com variant.

I've enabled catch-all for all above domains. Got ton of mail for football, and this for airport with questions "where to buy ticket, how much costs" bla bla from real person. People are typing .com instead of .ba, but... no one has interres for .com :D


sounds like a decent domain for parking
 
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Everything has a risk. Everything is a gamble. Even the life is a chance. I mean all we are the result of one out of millions of sperms. If you read a little about evolution of species you will stumble upon a knowledge : billions of combinations have been tried by cells/gens before creating a new successful species during the life of the 4.5 billion years of our World.

Risk is nothing. It matters only when you lose and only for a limited time. If you win, you can't say "addiction" to anything, including even to true casino gambling. Life always goes on after a while from the point where a loss stopped you. The biggest risk in life is to avoid from risk for the fear of a possible loss and not to start over quickly after falling down which is certain.

If you say you are buying domains without a reason, then you feel you will fall down at some point. That's a correct feeling. You will certainly fall down. But not for the reason of you are unsure on what you are doing. The reason is simple. Everyone falls down, with or without a reason. Falling down is inevitable for every living creature. Just prepare yourself emotionally to start over quickly and keep doing whatever you do until you can't. Start over, fall down, start over, fall down and then start over again. It doesn't matter what you do, doesn't matter how much you are confident or how much you are afraid of the risks. Just keep doing. You will finally have your desired outcome, only after paying its true price.
 
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