debate Domaining - Can it become an addiction?

[MrConor]

After years of buying (more) & selling (less) domains - I always seem on an annual basis to have a few domains either not put to use in any shape or form and they expired.

Questioning myself - So why did i buy "the" domain 12 months ago?

Answering myself - At the time the domain may have looked attractive and what not and i bought it, although this was done more than once and domains ain't free.

Do you think like anything, domains should only be bought in moderation (eg. Not owning over 50 or 100 :P )

 

[TSB]

Yessssssss.

 

[lock]

I get the DT's it is called domain therapy so i just buy more.

 

[hookbox]

If you're asking then you're addicted. It's time to make the call.

 

[STUART MALOFF]

I have DomainersAnonymous.com. Who is ready to develop it?

 

[cipcip]

Yes it is an addiction, but as any addiction, you at some point will lose money, you will not always win. Do not get in the game if you think that you will earn money with every domain.

 

[MrConor]

Thanks for all the response to this. Yes it does seem to be more of risk assessment but you could say the same about gambling. Even if you're only going to bet as much as you can afford to lose, at the end of the day you still may be an addict.

 

[MrConor]

Yes it is an addiction, but as any addiction, you at some point will lose money, you will not always win. Do not get in the game if you think that you will earn money with every domain.

The thing is some people just buy domains, don't earn any money from it and in some cases dont even develop on it. Domain just sits there in the registrar till renewal - Then you freak out when you get the 5 Days to expiry notice and try flog it for $5-10 :D

 

[E-Promote]

After years of buying (more) & selling (less) domains - I always seem on an annual basis to have a few domains either not put to use in any shape or form and they expired.

It's all relative. If you don't have a certain number of useless domains every day/month/year to reevaluate, you are not taking enough risk to succeed.

 

[MrConor]

It's all relative. If you don't have a certain number of useless domains every day/month/year to reevaluate, you are not taking enough risk to succeed.

Aye but that's the million dollar question "certain number of domains" - If you have max 10 domains you're not an addict - if you have 100 then you are..

 

[E-Promote]

Aye but that's the million dollar question "certain number of domains" - If you have max 10 domains you're not an addict - if you have 100 then you are..

Whatever number you have, if they attract leads and sales your a success and again, If you don't have a certain number of useless domains every day/month/year to reevaluate, you are not taking enough risk to succeed at an even higher level..

 

[MrConor]

Also some registrars pricing down domains at $0.44-$0.88 a pop. ( Don't get caught out and leave on auto renew by accident as the renewal on some of these are pricey!)

For a domain addict - that's like happy hour for an alcoholic