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Hello everyone,
I saw this article on Domaininvesting.com. Nice read check it out. Thanks Elliot for sharing.
https://moneyweek.com/the-dotcom-frenzy-is-far-from-over/
I saw this article on Domaininvesting.com. Nice read check it out. Thanks Elliot for sharing.
Spot the next big trend, nab the “.com” first and you could make millions for just $10, says Dominic Frisby.
When a prospector strikes gold, it is invariably followed by a mad rush to stake all the land nearby. Once land is staked, there’s often no need to do anything else – no drilling, nothing – you just ride on the coattails of your neighbours. It’s enough to own land in the region. Such is the way with prime real estate. In the late 1990s the internet came into our lives, and something similar happened. There was a rush to register every conceivable domain name.
Those who got the good ones could just sit back and watch them appreciate in value. They didn’t even need to build a website. Owning the name was enough. After the dotcom frenzy passed, I rather deludedly thought that the market for domain names would pass as well, particularly as there were so many other options. After all, if somebody staked DominicFrisby.com, then I could just stake Dominic-Frisby.com, or DominicFrisby.net, or whatever. Surely nobody is going to bother staking all of the conceivable alternatives. How wrong I was.
https://moneyweek.com/the-dotcom-frenzy-is-far-from-over/