you have to be in a strong enough position to be able to say no to all the xxxxx offers.
or
The risk reward based on my financial situation would not work turning down $25,000. Mike Berkens once said he got an offer of $100,000 on Fashion Models.com and turned it down over a decade ago, he has not had another offer. He can sleep peacefully at night with his net worth and portfolio and rejecting $100,000, many cannot do that.
This is the typical domainer way of thinking:
If you have money, turn down all offers and wait for xxx.xxx or x.xxx.xxx or whatever. If you don't, take whatever you can and run Forest, run.
Those who sleep peacefully at night today, can be broke in 10 years and vice versa, those with difficult or 'normal' financial situation today can be future millionaires, dependending on own decisions and external circumstances and events which are out of your control. It happens faster than you can imagine, specially in todays world, both ways.
Seams like domaining is the only industry where the price of the traded assets depends on who owns them! Its actually total bullshit theory. Not even with the risky stock market is it like that.
But it somehow worked and will probably work for a while. Just for how long, i don't know.
So, if you want to make a good deal as a domain buyer you better look for good domains owned by 'poor' people would be the conclusion, unless you want to overpay?!
And once the millionaires leave the industry, then all xxx.xxx / x.xxx.xxx would dissapear, since the rest will sell as soon as they can get a x.xxx offer, no matter which domain lol, and suddenly the entire domain industry is an industry where you can make x.xxx max with a domain, prices will drop like crazy, etc...
Man, we need some guidelines, just like any other industry.