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discuss How much did you start domaining with?

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How much did you start domaining with?

  • This poll is still running and the standings may change.
  • < $500

    66 
    votes
    66.0%
  • $500 - $1500

    13 
    votes
    13.0%
  • $1500 - $5,000

    votes
    8.0%
  • $5,000 - $10,000

    votes
    5.0%
  • $10,000+

    votes
    8.0%
  • This poll is still running and the standings may change.

Impact
1,877
What was your capital when you started domaining?
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Domains are cheap to hand reg, under $500 for me. What I would say is I wasn't thinking about domaining as a profession back then (even today, I don't). My first few regs aimed at businesses, different mindset. The domains themselves in terms of quality, I'd be lucky to get anything for them
 
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Like 100 bucks , I've spent about 1500 and made a profit of 1000 thus far. My first year I bought a lot of crap though.
 
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About $140 for one name for 2 years long before they became $10.
 
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I started with 10K around July 2020, and wasted most of it on crappy hand reg and overpriced auctions.
Had a surprise sales of around 10K in Nov/Dec 2021 combined, and this was when I didn't want to invest any more money. So it came as a blessing. I spent that 10K plus another 5 K in the next couple months on fresh buying which set the path for my current domaining business.

So my out of Pocket was around 15K. And just to make sure I play with house money, I took out 15K from my domaining business account, and I have another 20K in reserve which I plan to continue to grow so that I can acquire a nice one word .com. All these generated from my sales.
 
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Bought a domain in $1 (godaddy promo) and sold in $60
 
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Hand reg a 3 word cloud domain name for 99cent using GD promo code-the good old days and sold for 2500$
Put at Sedo and the next day got an email that says SOLD--- wtf....I said whatever- just send me the money and then I'll believe it
 
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I started with 10K around July 2020, and wasted most of it on crappy hand reg and overpriced auctions.
Had a surprise sales of around 10K in Nov/Dec 2021 combined, and this was when I didn't want to invest any more money. So it came as a blessing. I spent that 10K plus another 5 K in the next couple months on fresh buying which set the path for my current domaining business.

So my out of Pocket was around 15K. And just to make sure I play with house money, I took out 15K from my domaining business account, and I have another 20K in reserve which I plan to continue to grow so that I can acquire a nice one word .com. All these generated from my sales.

What @blogspotter said was similar to my scenario.

When I started in domain speculation in 2015-2016, I spent about $5K - $6K in the first year registering and over paying for useless or inferior URLs until I reached around 400 names. After taking my newbie strategy to near failure, I made a purchase from GoDaddy auction for $1K and sold the asset for $7K less than 60 days later.

Had it not been for that sell, I was finished with speculating on URLs. That successful sell made it possible for me to shrink my portfolio to 100 high quality URLs over the last few years making about 2-5 $xxxx sells per year.

Its not much but its a steady side income, and it only a matter of time before I make a sale over $25K. So, I'd say a starting budget of $5K-$10K is needed, but having the right information about building a quality portfolio is more important than your budget.

Many started with a high budget, but low information and ended up losing it all on domain speculation. Others have started with small budgets, and built six figure incomes.

How you spend is key.
 
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I started with 300 USD 2015, from sales I slowly managed to build up my portfolio as a part time investor.
Since 2019 I take domaining more seriously, reinvesting the majority of my sales income and scaling gradually.
Luckily I never had a negative year. My ultimate goal eventually is to switch 100% full time domaining.
 
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$100 , Godaddy had a 0.99 sale , unlimited for 24 hours , so i bought 75 names. Godaddy did that 0.99 unlimited sale again in 2006 or 2007 I think it was , we were having a good time here at NamePros with that .
 
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$50. Bought 5 names at NameLiquidate and sold 1 of them for $350 in 2-3 hours :)
 
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hand reg 5 geo domains for $60, sold via outbound 3 domains for $250 each, total $750
 
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When I started domaining I started with $200. Today I am still investing $200 daily into domaining. My average profit per order is $500 – $600 per order. This is enough to invest in a new name. See the graph below to understand how much I have been making per month:
 
1
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Bought many domains but haven't sold one of them yet...
 
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presently less than <$100 and still counting.
Domaining is becoming more like an addiction to me now.
I learn new things everyday.
One day ill tell the story. :xf.cool:
 
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$2K starting in September 2020, but I went slow in order to avoid burning to much money in junk domains (≈ $200/$300 on a monthly basis).
 
1
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I didn't start out with a set amount, i made a few hand registrations whenever i thought of a good word to put next to VR (i ended up dropping most), i started investing in the aftermarket about 4 months after i registered my first domain.
 
1
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I've seen so many posts over the years here and on sites for other industries. I don't think I've ever gone into a venture with a fixed amount in mind and maybe that's a bad thing.

In the past when I would dabble in new ventures, I would never invest more than I could afford to lose entirely.
 
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I started out as a web developer so most of my initial domain purchases were hand regs with the intention of building a website. When I got heavily into domaining, there was no initial budget. It was basically when I got money I bought a domain name haha. :xf.smile:
 
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Started with a strict budget of £500 on the basis only to reinvest based on sales. We haven't really got into it yet but did sell a name we hadn't listed. This was due to an enquiry where we offered a cheaper alternative to the domain they were interested in but was too much for them.
 
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In October 2015 I searched for a domain to start a small website and I accidentally stumbled into domaining. Somehow decided to handreg a few domains and spend about €300 (approx. $360). That was the only money I did put into domains. A few domains from this initial batch sold for a few hundered bucks and I repeated the process over and over. Here I am 7 years later and I can tell you a lot of has changed in this time and I make a nice small side income year after year. I do enjoy it because I learn each day some new stuff and I'm able to connect with people on namepros who share the same passion. :xf.smile:👍❤️
 
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In October 2015 I searched for a domain to start a small website and I accidentally stumbled into domaining. Somehow decided to handreg a few domains and spend about €300 (approx. $360). That was the only money I did put into domains. A few domains from this initial batch sold for a few hundered bucks and I repeated the process over and over. Here I am 7 years later and I can tell you a lot of has changed in this time and I make a nice small side income year after year. I do enjoy it because I learn each day some new stuff and I'm able to connect with people on namepros who share the same passion. :xf.smile:👍❤️
Similar story here. Was searching for a name for a website and stumbled onto domaining
 
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