The thing is, very few domainers are serious about it, and actually make money. For most it's a hobby. I would say that the vast majority of domainers make poor choices and are not good investors.
That is common in everything, otherwise we would not have had this massive financial mess.
The so-called "experts" went too far in their leveraging and artificial creation of wealth.
Eventually some people learn something while the rest will fuel the next bubble, the next mess and the next recession. Mankind is not perfect, it`s inevitable.
I hope you are not comparing LLL.com vs LLLL.com. The dynamics involved are not exactly the same.
Actually, I always did compare them and I still do.
26 times more combinations, meant cheaper entry prices for budget investors, yet they provided a risk/reward factor quite decent.
They had to pay $7 to get away with anything in the 3 or even 4 figures should a budget enduser come to knock their door. Eventually the buyout fueled a huge activity between resellers and everyone who bought at reg cost could have walked away with great returns just few months later. Then the crisis affected that but that was a bonus in my view.
I never invited people to buy just to resell to other domainers, the goal in this business is to reach the people outside us otherwise we better go to play at the Casino in my opinion.
Instead, in 2007, if you wanted to enter the LLL.com market you had to put on the table at least $5,000.
Could you reasonably expect to get an enduser offer of at least 20 to 50 times that? I don`t think so.
If you were lucky, you could have doubled your investment or if you were really really lucky you could have got away with say $30,000.....that`s 6 times your investment or a gain of 500 %.
What about an offer on your $7 LLLL.com? Let`s say you were really, really unlucky and you got a miserable offer of just $100 which most of us would have laughed at it in 2007.
That`s about 14 times your initial $7 investment....
But, more reasonably, if you were offered $300 (still many would have laughed at that), that is about 43 times your $7.
I saw that.
I keep seeing that.
True, acronyms of 3 letters are more than 4 letters acronyms but there are so many new business coming up in the Online space that to me it makes sense to risk on the LLLL.com
As I said, we are not going to see who is wrong and who is right in few months time, it will take years. Whoever decide to risk, needs to know it can take time and check internet world stats.
In the mean time, a little development on each LLLL.com will be good enough to pay back those $0.02 per day of renewal costs.
We can go ahead and argue about this forever and ever, but no one will know for sure till either .com domains will be no longer used or eventually something about what I am saying could be right later in the years to come.
