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I sold my first domain bought at auction here for 190x profit

Located in Domain Selling and Domain Sales, started by newdawndomains, Nov 18, 2020

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  1. newdawndomains

    newdawndomains Established Member

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    I got into domaining two months ago, buying up around 10 domains to start with. Only one of them was one I won at auction here on NP for $5. I kept it on Dynadot and put a $1,000 price tag on it and forgot about it since I became focused on other ventures. Much to my surprise, I got an email today from Dynadot saying the domain sold. In just month month, I made my first sale, and at 190x profit!

    I owe thanks and gratitude to NP for teaching me about domaining and helping me get started. I can now use this money to invest in a better domain portfolio
     
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  2. karmaco

    karmaco Top Contributor VIP

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    Congrats —whats the name ? When sales are reported names are normally involved
     
  3. Samer

    Samer Top Contributor VIP

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    Is the money in the fund?
    Can you at least say if it's .com ;)

    Samer
     
  4. NickB

    NickB Wales.org VIP

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    Without the name its non information..
     
    Last edited: Nov 18, 2020
  5. Samer

    Samer Top Contributor VIP

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    * Assume .com unless stated otherwise;
    Should also post image of domain to be super safe...

    But dont do any of this until domain transferred;
    and money in the bank IMO. Congrats on the sale!
     
    Last edited: Nov 18, 2020
  6. NickB

    NickB Wales.org VIP

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    I have and will continue to be vocal about this.....if your reporting a sale, provide the details or just keep it to yourself, otherwise its a waste of time reading about it....

    Happy to congratulate people if they provide information thats worth the congratulations...
     
  7. Samer

    Samer Top Contributor VIP

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    Nah this one is pleasant surprise...

    Autopilot.. Just left $1,000 BIN and went on with his life until bought;

    NOT a waste of time ; )) (This context cool unlike others : )
     
    Last edited: Nov 18, 2020
  8. newdawndomains

    newdawndomains Established Member

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    Thanks Samer! I wasn't sure if this was what routinely happens in domaining or not.

    It's a 12-letter two-word .com but the money didn't transfer yet so I'd like to keep it safe until them (waiting for Dynadot to process the payment).

    Next time I will make sure to wait so I can mention the name in the beginning. Sorry about that! I'm still new to all of this :)

    I will update with the name once I get Paypal'd the sale proceeds.
     
    Last edited: Nov 18, 2020
  9. NickB

    NickB Wales.org VIP

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    Look forward to it and congrats on the sale 👍
     
  10. iAdam

    iAdam Upgraded Member Gold Account ★★★★★★★★★★

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    Congratulations on the sale (y)
     
  11. kaposzta

    kaposzta Top Contributor VIP ★★★★★★★★★★

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    Congrats! Be very careful when you re-invest the profit. Choose a niche you like and you have some experience with (brandables, 4L, .co, .etc), focus on that niche and try to learn as much as possible about it, then invest in such names veeeery slowly. Good luck! :)
     
  12. Gartnet

    Gartnet Account Closed (Disallowed)

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    Congratulations on your sale :)
     
  13. FolioTeam

    FolioTeam AMDB.tv VIP

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  14. Ami.B

    Ami.B Upgraded Member Gold Account

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    That's great! Congratulations :)
     
  15. HotKey

    HotKey Made in Canada VIP

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    May your potential sale finalize.

    Future, it's totally ok to wait until you actually receive funds, before reporting. :) It will be just as exciting, promise!
     
  16. Mister Funsky

    Mister Funsky Top Contributor VIP

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    Congratulations on your first sale...you are now hooked!

    From experience I know it is easy to spend that quickly on new investments but like others have said, go slow and find a niche you like.
     
  17. RogueWriter

    RogueWriter Top Contributor VIP ★★★★★★★★★★

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  18. The Durfer

    The Durfer Top Contributor VIP Gold Account

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  19. rawapesona

    rawapesona Established Member

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    Congratulations - Awesome sale.
     
  20. PhongSGC

    PhongSGC Top Contributor VIP

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    very good start like mine, 25000x like a member calculated, how to calculate this profit rate?
     
  21. Ram Naresh

    Ram Naresh New Member

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    Big Congratulations and Best wishes for you.
     
  22. Namebie

    Namebie New Member

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    Congratulations hope you got your money...
     
  23. ajenipa

    ajenipa Established Member

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    Congratulations
     
  24. TauseefKhan

    TauseefKhan Established Member

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  25. newdawndomains

    newdawndomains Established Member

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    Hi everyone, and thanks for all the congratulations! The money cleared finally and I can share the domain.

    accessdreams.com
     

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