Located in "Short" Domain Discussion, started by italiandragon, Feb 8, 2008
VQX.com €12,200 EUR ($14,150 USD). Bought by Oliver Hodger
On DNJ today
I find it crazy that people are almost giving LLL.com names away at these prices
Why is this a giveaway?
$25K in the bank for many makes more sense than 0.5% chance of $100K+ sale in a given year.
You'd need to hold 200 names at $25K, i.e. invest $5MM, for probable 1 sale of $100K-$200K or 2%-4% return.
If you buy a warehouse with a tenant for 10 years for $5MM, you'd be getting net $300K-400K guaranteed.
You are better off holding it and waiting for a better offer or at least playing hardball with the buyer. The bigger offers will come in the near future with LLL names. The problem is impatience and wanting the cash now. I do understand that some people need the cash more than others for whatever reason they have, but I also know a lot of these people who are selling these names, and they bargain a little and then just sell it rather than waiting it out and risk losing the sale, when if they actually played hardball, the buyer would be willing to pay 2, 5 or 10 times that much, especially when you look at who is buying the names. They are leaving a lot of money on the table and end-users are laughing all the way to the bank. A lot of times these domainers dont research enough as to who the buyer could be?
That could be said about lots of names in other categories.
It is trade-off game. To play hardball you have to have enough of the names and enough money in the bank to wait.
But, even with that LLL wouldn't be the best category for investment.
Yes, eventually, LLL floor might be 6 figures, but you might be better off getting on the train about 5 years down the road or more and let others hold those names and their capital in them meanwhile.
Ignoring the Chinese hype of 2015 and the aftereffect, the wholesale prices are similar to what they were in 2014. Probably they will be current plus 10-20% by 2023-2025.
Absolutely, it does happen with other niche's as well.
Its not with every LLL name, some people might have to sell them for personal reasons or whatever, but I know some of the sellers and they certainly dont need the cash and some are NP members as well, those are the sales I cant understand.
There will certainly be a massive jump in the next 2-5 years, its been too low for too long. It will be too late to get on the LLL train in 5 years time, the prices will skyrocket, you are better off buying them now at 15k-25k and holding them
They sell to reinvest. On the occasion I have sold LLL.com because I needed cash for another purchase, to scale up quality of portfolio. You might indeed leave money on the table but at the same time you can seize opportunities.
Owning a portfolio of LLL.com is nice, but you have a lot of money tied up in domains, and that money is not producing interest.
It depends on what the person paid for their LLL.com, has the investment money been recovered by other means, does the person need the capital from selling their LLL.com to invest, there are many factors for selling and holding alike,
anything that is liquid is precious, the old saying buy low and sell high is what liquid is all about IMO
I would not sell not one of my LLL.coms for any of the prices above.
they are being dumped by 4.cn. they have colected a lot of LLL.com. they were the first or second top holder of LLL.com. they went in the CHIP hype, then got burned. AFAIK they are incurring an average global loss at least around 50%
I think i see,what you are saying, so 4cn went in high??, and they may feel like they need to sell off and break even or a take their losses at this point, liquidation is not the answer IMO, Holding is a far better solution IMO,
many-many people lost 20K and over in their 401k this last recession in USA, a 401K in most cases can't recover 20K in losses, but, a lot of those who took enormous losses where vested in high yield investments, that is the risk they took. those who lost their ass , they had to take it and their was no answer to recover their money
LLL.com i don't consider a high yield investment, 4cn must have payed premium pricing, but if they bought in bulk, i would think they would have got their LLL.coms at mid level pricing, so if they held those LLL.com and let them mature, they would definitely be able to cash out at a sensible profit . no question about it. Those are liquid, they are not losing value. they may not gain value at a rapid pace, but they aren't going anywhere, unless the internet decided to do away with using names as their source of communication.
Using other means to recover is a far better option IMO, sell other assets of lower value to recover, but never sell off liquid because of panic IMO, lower value assets can be recovered much easier, in most cases, Liquid is never recovered once sold IMO
If i sold my LLL.coms at the above prices, yes, i would make some decent money, But, there is no way i could replace them at the current pricing of LLL.com , No way , man.
I took out a personal loan at my bank to purchase my first LLL.com at $6200 back in 2006, I worked overtime to pay the loan off as quickly as possible, all that counts too, there is no way i would sell at 25 to 30K, The name has been payed for, and i have recovered that money through sales of other investments, If i sold it at 25 to 30K , my wife would divorce me and put me in an assisted living home or the coo coo house. because i would have to be crazy to do such a thing.
i detected 4.cn buying domains in 2014. they increased their purchase during the hype in 2015, like most domainers did. i have sold a few to them at around the peak in Nov/Dec 2015 so at least on those i know they are loosing +60%. many others i know they have bought from other owners at 40-50k. the majority was bought above 25k so they are taking a loss for sure.
buying at the right price is key in any business. sure you can make money buying high, but it is way better to buy low. the problem is it takes time and patience and knowledge. many don't have neither patience nor knowledge. they buy because it's going high and can only go higher.
for instance, even at $25k domains like PFP.com are cheap, but i don't buy them at this price. why? because why would i lock in money when i believe the market could suffer more IF there is a global financial crash like everything points to happen soon? now people will say, hey, markets will always go down, recessions will happen always so you have to stay on the market. well, to me staying in the market today is absolutely suicidal and asking for trouble. if i am wrong, and by some miracle the world financial system still happens to hold another 2 years, the domain market could go up in value since it is in a bearmarket for 3 years. i prefer not making money than losing it or locking it for years just to recoup to 0%. It is hard to sell a domain above mid 5 figures or 6 figures. if you don't have cash to spend on a lot of domains at 25k while being perfectly aware that you may have to wait another 5 or 10 years to sell them at 6 figures then it is better to buy only at high discount, not current market prices.
be selective and buy cheap.
If an economic collapse happens, we are screwed either way, rather you buy low or high. I have lived through some pretty bad recessions, i am an older feller, a recession can be tough, but a economic collapse, well, that is a catastrophe. I don't even want to think about that.
i have been worrying and planning for this for the last 3 years... i believe we are in real danger this happens.
how to protect? have money out of the banks; spread money thru several banks and research on the better ones (tip: stay away from the more known ones); move some money to offshore; buy some gold and silver; diversify currencies; have a few real assets; stay away from debt and stocks. with this you will at least have done something in your power to better coupe with this singular event. and be prepared to reap what can be the biggest opportunity of a lifetime...
buying low gives you a better leverage as you will be freeing capital. the problem with a depression is most are too leveraged, in debt, and not well diversified.
something to keep in mind, If we ever have a economic collapse, most all assets will be worthless. $0 , there is no way to really plan it.
a friend of mine disagrees. He says cigars and bullets will be in high demand
LOL, he speaks the truth, food, water, a nice place under a bridge or underground would be in high demand, I hope a full blown depression never takes place during my lifetime.
several LLL.com dumped by 4.cn are going for auction on NameJet. no time to waste! got to keep inventory moving
DOC.com seems to have been sold in July. Another one goes to crypto business.
Owner was asking more than $150k
Many of these names have been held for years now. With every 3L.com you own, you should have at least $5K set aside for legal issues, as a new threat has been fruitless UDRP's in order to try, and steal them. There are a lot of 2015/2016 buyers who are under water right now, things come up in life, you want to forget, and move onto other projects we are going to see these levels for a while now.
Yeah, I think people need to check TMs with any names they register these days. A lot of LLL.com holders have owned their names long before the TMs were filed so they are ok
NFC.com $77,507 (the buyer got a bargain for this name)
$20,000 on NJ
I think yal was a better buy. NFC is a technical term which really isn’t in play. That said, the NFL should want to own nfc for sure!
Was thinking the same. Very brandable and bought for a decent price.
Hey Keith, just a personal opinion, I prefer NFC any day of the week, the tech is being in all mobile payments/devices at the moment and with payments systems like Apple Pay or Google wallet becoming more widely used, it is here to stay
I do like YAL as its brandable and pronounceable but I see this ending up just being an acronym for something ($20k is a bargain price too). NFC has a lot more uses as well when it comes to acronyms, the letters are a lot better.
Thats what I love about domaining, we all see different things in different domains.
Separate names with a comma.