Need a bit of help - Kwickcryptocoin.com

[Peta-Gaye Campbell]

I have two domain names that I am considering to buy

Kwickcryptocoin.com
cryptocoinpurses.com

Both were valued over $1000 USD on GoDaddy.com

 

[Rich]

Don't do it. maybe cryptopurse.com if the price was right, but I've never heard it called that.

 

[Peta-Gaye Campbell]

Don't do it. maybe cryptopurse.com if the price was right, but I've never heard it called that.

Thanks...what about cocryptocoin.com...this was generated with a domain name searcher and is valued over 1300 USD

 

[lambo.com]

Trash-ish deluxe

 

[Rich]

Those generators will spit out anything, and godaddy or estibot will get you excited every time. cryptocoin.co may not be such a bad name, please visit namebio.com regularly and see what's selling before you dive in.

 

[Peta-Gaye Campbell]

Those generators will spit out anything, and
godaddy or estibot will get you excited every time. cryptocoin.co may not be such a bad name, please visit namebio.com regularly and see what's selling before you dive in.

OH ok

 

[DanBingham]

Take the advice and pass up on these.

 

[Josytal]

I have two domain names that I am considering to buy

Kwickcryptocoin.com
cryptocoinpurses.com

Both were valued over $1000 USD on GoDaddy.com

Crap, iMHO.

 

[gilescoley]

Never, ever use automated tools for creating names or appraising names

 

[anantj]

Do NOT buy these domains. Really bad and worthless!

 

[Peta-Gaye Campbell]

Never, ever use automated tools for creating names or appraising names

Based on what I was told by other brokers...this was a great way to go

 

[gilescoley]

Based on what I was told by other brokers...this was a great way to go

No, thats not correct. Which broker said this?
I think you will find brokers wont be interested in names like this. You are better on here learning as much as you can about domaining and research what makes a domain valuable

Check out namebio and dnjournal to see recent sales

Try think of words that:

Go well with the other keyword (looks and sounds)
words that are related to the niche (cloud niche - words like these would be a good fir....solution, services, storage, online, server, guru, pro, group, tech, etc)
Have a good sales history

 

[Bob Hawkes]

I agree with those that discourage you from purchasing them. Automated appraisals should only ever be a small part of your valuation of a potential name, never the main or only consideration. The names seem a stretch to me, and with three parts like cypto + coin + purses there are so many possibilities for similarly 'good' names that the uniqueness factor is not there. Also, while a lot of interest in crypto names, also a huge number competing for buyers. Congrats on wisdom of asking for advice before registering, though!

ps Let's look at economics. I looked on NameBio sales involving the word 'crypto' over the past month. There were 48 sales and while the average price was $740, the median was $280. The vast majority are two part names (e.g. CryptoPlatform in org sold for $116 or CryptoAtlas in com for $134), so the likely value of a three part would be lower than median. Let's say maybe $150 if it does sell. Of that commission would take at least $15 so you have $135. Do you think there is 1 chance in 13 that one of these would sell in a one year period (just to break even on average)? I don't think so!

 

[Name Trader]

Based on what I was told by other brokers...this was a great way to go

They're talking crap.

 

[NYJimbo]

Those generators will spit out anything, and godaddy or estibot will get you excited every time.

Indeed:

CryptoPotato.com

Estimated Value: $1,415 ​

 

[Name Trader]

Indeed:

CryptoPotato.com

Estimated Value: $1,415 ​

What's wrong with that? <j>

 

[Peta-Gaye Campbell]

looks like Idaho is purchasing cryptocoins heheh

 

[Peta-Gaye Campbell]

I agree with those that discourage you from purchasing them. Automated appraisals should only ever be a small part of your valuation of a potential name, never the main or only consideration. The names seem a stretch to me, and with three parts like cypto + coin + purses there are so many possibilities for similarly 'good' names that the uniqueness factor is not there. Also, while a lot of interest in crypto names, also a huge number competing for buyers. Congrats on wisdom of asking for advice before registering, though!

ps Let's look at economics. I looked on NameBio sales involving the word 'crypto' over the past month. There were 48 sales and while the average price was $740, the median was $280. The vast majority are two part names (e.g. CryptoPlatform in org sold for $116 or CryptoAtlas in com for $134), so the likely value of a three part would be lower than median. Let's say maybe $150 if it does sell. Of that commission would take at least $15 so you have $135. Do you think there is 1 chance in 13 that one of these would sell in a one year period (just to break even on average)? I don't think so!

Thanks
So how do you choose a great domain name to resell it