Dynadot

discuss Is domain trading is like gambling?

NameSilo

iDestroyer

Restricted (Market)
Impact
337
Hi Guys,

so was thinking about how addictive this industry is, do you ever feel like you are a borderline addictive gambler who will gamble everything you have if you have to buy that 'perfect' domain name which you MUST MUST own otherwise world will fall apart. are you a addictive and need helps to think outside of domain industry, other ways to make a living?

I hope most of you get my point of view here, what I'm talking about.

Let me know, what do you think? :xf.grin:

Regards,
iDestroyer :greedy:
 
Impact
295
to buy a domain for 100$ hoping to sell it for 110$ or even 150$ it is quiet easy and you can do it like any shop or product sellers anywhere .. hard job but little or no risk

but to buy a domain for 100$ hoping to sell it for 50,000$ is a dream and pure gamble

and people are using different strategy to buy lottery tickets and the same apply here in domaining
buying thousands cheap tickets for 100$ each
or buying two or three expensive tickets for 5000$ each

the only difference with gambling is that you can return part or most of the money you used to buy the tickets

the more expensive the domain is , the more gambling risk you are taking but the returns can be of course winning the lottery $$$$$
 
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