if you want 5 million the buyer will be very happy to get diamondgemstones.com for a low price. https://uniregistry.com/market/domain/diamondgemstones.com the strategy will only work if: there are no other options for that price and below. the buyer believes he is paying the fair market value (comparable sales in the marketplace) the buyer badly wants the domain the buyer has the funds to buy it. if you look at Rick's 7 figure sales you will see that he does not just get lucky and it is not just him having the balls to ask for a lot of money. Ebet.com - Over 1 million - The company was called Ebet. They had millions in the bank. There was no other good option than "Ebet.com". Ebet.com was the best domain they could get. e+word domains had sold for some good money in the past. Eflowers sold for $1 million. Gambling terms are high value. The price could somehow be justified because of other domain sales in the marketplace, they had the funds and they wanted it. Ireport.com - CNN was the buyer. They had millions and millions in the bank. There was no other best choice than ireport.com for them.The domain might have had traffic that alone could have been worth a lot. I+keyword domains had sold for some good money in the past. Candy.com - $3 million. best domain name in the candy industry. Buyer badly wanted it. Price could be justified by looking at other product.com sales like vodka.com Type-in traffic was said to be 40k/month. That alone would be worth millions over a decade. xxxvideos.com - 1.4 million - This sale was not completed but it was a pure traffic sale. Traffic not the domain was sold. Porno.com - $9 million - Buyer wanted it. Extremely wealthy. Great domain in the adult industry. One of the most popular keywords globally. Traffic alone worth millions. Porn.com sold for $9 million.Porno has same keyword stats or better. Traffic alone would have paid at least a part of that purchase or even all of it. So what I mean to say is that 7 figure sales don't happen randomly or because you get lucky or because you put a high asking price on your domain. They happen for a good reason, when the buyer does not have other options, really wants the domain, has the funds to buy it and the sale price can be justified. 7 figure sales are also rare. The domains don't sell because an eccentric billionaire just happens to visit a domain that he likes and falls in love with and doesn't mind spending millions for it because he is so filthy rich that he doesn't care. Maybe this will happen one day, so far it doesn't. Domains are not real luxury goods, collectors items or status symbols yet.