I am at zero profit in LLLL.coms

[srisri24]

I am at zero profit in LLLL.coms despite owning more than 100 domains before buyout.

Before buyout i am having around 100 LLLL.coms (reg price)
After buyout i purchased another 100 spending from $30 to $80.
so for total 200 domain i spent over 5000$ which come to $25 per domain. which is more than current min price.

And now renewal fee to be paid again.

Do any of you have the similar situation?

 

[Michelle]

Im sorry to hear this. I was lucky I guess. I had lots before the buyout and apart from about 5 purchases after the buyout, all mine were reg-fee. I have sold all but a few for between 20 and 150 each so they made me some nice pennies.

Maybe sell some to pay for the renewals of your best ones.

 

[-REECE-]

I think many people are in your situation mate -- essentially anyone who got into LLLL.coms in 2008 is most likely in the red unless they were extremely careful with their buying and only bought absolute steals. Most of the "big money" was made by those who got in pre-buyout or shortly after buyout -- not a whole lot of people I'm aware of who've made $XX,XXX+ in this market and got in long after buyout unless coming in with overwhelmingly large bankrolls.

 

[ssamriga]

lucky for me I registered some before buyout and sold some in 2008 jan-feb, also bought a few after buyout, but the ones I sold have paid for those purchases, I don't plan on selling anything below the price I bought it for...

 

[netklick]

There are many people with similar situation; I am one of them. I did not get into LLLL market to flip and make a small ROI. The investment should be long-term and remember that NOT all LLLL holds the same value. Example, you can sell one LLLL for $25 like you said, and the next can for $75 or even $7,500 (end-user). I think for you to feel that your investment has zero profit is wrong - don't group all of the names in one basket.

I have over 450 LLLLs, many were bought between Nov 2nd 2007 to Jan 2008; then some after that. I am planning on renewing my domains and keeping them for a long time. My goal is to find end users. I've recently sold one name that will pretty much pay for all of my 450 LLLL's renewal fee. Hence I don't find my investment a waste.

Get creative and find those end users. Every time you find an end user for an LLLL dot com, you are increasing the value of the rest! (one less LLLL on the market!)

 

[-REECE-]

Well said.

And, to be fair -- who honestly expected pre-buyout to see everything we've seen so far? It's been one heck of a roller coaster and in my opinion, it only gets better moving forward. I know a lot of people made the investment (myself included) based on the future -- seeing demand years down the line being considerably higher than it is today... We still have a ways to go, but it'll get there.

The LLLL.com market is in my opinion at that point in time similar to what many domains were at in the 2000-2001 period. We might still have a couple years to go before they really take off in value, but in my opinion, those who miss out are really going to miss out.

If we look to the past, it's not the guys who registered domains in the early days who for the most part made out best, it's the guys who started in the late 90s and even the early 2000s... I'm sure plenty of people here don't have what it takes to do what many of these guys did, waiting 5-10 years to sell their prized assets, but that's a decision we're all going to have to make for ourselves.

There are many people with similar situation; I am one of them. I did not get into LLLL market to flip and make a small ROI. The investment should be long-term and remember that NOT all LLLL holds the same value. Example, you can sell one LLLL for $25 like you said, and the next can for $75 or even $7,500 (end-user). I think for you to feel that your investment has zero profit is wrong - don't group all of the names in one basket.

I have over 450 LLLLs, many were bought between Nov 2nd 2007 to Jan 2008; then some after that. I am planning on renewing my domains and keeping them for a long time. My goal is to find end users. I've recently sold one name that will pretty much pay for all of my 450 LLLL's renewal fee. Hence I don't find my investment a waste.

Get creative and find those end users. Every time you find an end user for an LLLL dot com, you are increasing the value of the rest! (one less LLLL on the market!)

 

[Kate]

Looks like a cash flow problem. You've been buying and renewing but not selling.

 

[Krossat]

Yup I have some that arent quite getting the value they very easily getting 3 odd months ago.
Although I started acquiring them around July last year, good thing I got rid of most when the going was good. Personally, I think you should renew the better ones for another year (3 premium+), and sell off the lesser quality ones for a small ROI.

 

[Soofi]

I made a quick flip ROI in and around Dec 2007, Jan & Feb 2008.. where i made around $4k-$5k.. however after that I have been loosing on my LLLL.com investment.

I am left with aboutt 20 odd LLLL.com's where I know I will be loosing over 70%-80% of my investment, if I started selling 'em however thats how it is and we have to go by it.

Thats what we call "MARKET TREND"!!

 

[domtastic]

I only bought 25 LLLL.coms pre-buyout (between Aug-Sep 07). Sold 1 for $500 a few weeks back - my first ever sale as a domainer (only been in the game about a year). Just renewed the other 24 which cost me about $150, so quids in for now, but happy to play the long waiting game and sell a couple a year to end-users. Dumped a few 6L.coms and .mobis this year, as I now see these as riskier investments, and now just concentrating on my 4L.com and 5L.com portfolio.

 

[Soofi]

I only bought 25 LLLL.coms pre-buyout (between Aug-Sep 07). Sold 1 for $500 a few weeks back - my first ever sale as a domainer (only been in the game about a year). Just renewed the other 24 which cost me about $150, so quids in for now, but happy to play the long waiting game and sell a couple a year to end-users. Dumped a few 6L.coms and .mobis this year, as I now see these as riskier investments, and now just concentrating on my 4L.com and 5L.com portfolio.

the way to go, I must add!!

 

[xman]

I regged about 250 before the buy out, sold total of 8 and bought about 20 after the buyout. I have been renewing and will be renewing the rest of them.

I still believed that it's too early to be selling them now. Short names will be in great demand in years to come. 2009 would be a good year for LLLL.com IMHO

 

[fiwin]

just got one LLLL.com for 46$......

 

[Shasta]

I am at zero profit in LLLL.coms despite owning more than 100 domains before buyout.

Before buyout i am having around 100 LLLL.coms (reg price)
After buyout i purchased another 100 spending from $30 to $80.
so for total 200 domain i spent over 5000$ which come to $25 per domain. which is more than current min price.

And now renewal fee to be paid again.

Do any of you have the similar situation?

Hmmm...looks like your made 3 mistakes.

1.You should follow the market a bit more.
You chose not to sell any high and to gamble by waiting to sell at the end of the year before registration fees were due, however, if you kept up with the LLLL.com thread you'd have seen that lots of people were selling like Reece, and predicting prices would take a dip the last few months before reg fees were due. Meanwhile other were stating that you should hang on to these for the long term. I can't remember anyone stating you should sell during the months of August to November.

2. You need to use profits for reinvesting and never invest more than you can afford to lose.
Rather than use any of your profits from your first investment to pay for more domains or reg fees. You chose an out of pocket investment strategy to purchase 100 domains at $30 to $80 each that you planned on reselling in just a few months. Historically, if this were 2001 and you paid $75 each for LLL.com's and waited a few months, you'd be able to sell them if you tried really hard, for, $75. LLL.coms were a waiting game, "IF" LLLL.com's follow in their footsteps, it will be a long term investment strategy as well.

3. You need to try harder at sales and marketing.
You imply in your post that all 200 of your domains are not even worth reg fee. "200 domain i spent over 5000$ which come to $25 per domain. which is more than current min price." With that attitude, how are you going to sell any? Selling any domain takes a lot of research, marketing, time and energy, could possibly entail development and more. You need to actively go after your customer's.

 

[Andrei P.]

I had just 10 llll.coms before buyout and I had to buy all my llll.com portfolio on aftermarket.

It's difficult to say what is the value of my portfolio now because I invested in different niches (low-end, quad-premiums, pronounceables, triple-premiums) and a lot of my names have high value and it's difficult to predict their price even for reseller. But I can summarize only on those names that I've already sold during last 10 months (not even 12) of my llll.com domaining (I had several end-user sales and a lot of domains were sold to resellers with 200-300% and there was a bunch of names that I had to sell with 100% loss). The summary is that after I calculated all my profits and losses for last 10 months - i have enough money to renew all my llll.com package (you might know that I have a decent share of market ) for 1 more year already now! and I will have additionally 15-20% of profit over my initial investment on this package of sold names. Not bad considering I have to renew majority of names not in September-October but in November-July

As to those names that I hold - it's difficult to predict prices that I could sell them. But approximately they are close to zero profit if I would have sold them to reseller. Not bad for the year that is known to be as worst year in domaining history

Interesting fact that all my end-user sales were triple-premiums, and most of my cool reseller resales were also triple-premiums. I like this niche most

Anyway from the very start I planned to hold these names for 5-15 years and I was not expecting to get profits within first year - so I'm looking for more nice names.

However I'm sure that I made a big mistake by rushing into llll.com market to early. Now is the best time to buy names and I have no capital to buy a lot of them as I had in November-February.