Ali Zandi, one of the domainers who shot to fame after he made pretty good investments and sales in a short span of time, has shared the reason behind his acquisition of 8888.xyz
Here is an analysis behind the purchase:
I’ve heard so many different thoughts as to how the Chinese markets will “behave” this year. While no one may 100% know what will occur, it is in my personal opinion that they will emerge stronger than ever. If things keep progressing the way they have been, this should be the biggest year in the history of the domain industry. We shall see.
Here are five of the many reasons I have for acquiring the domain name:
1. Rarity: According to XYZ, there are literally ZERO remaining four number .XYZ domains available for registration.
2. Other Investors Agreed: I ran the domain by a few friends, and they too agreed that it was worth the acquisition.
3. Gut Instincts
4. Acquisition Cost to Potential Value : The acquisition cost was substantial. However, the potential value made it worthwhile to acquire it.
5. Learned From Mistakes: I left at least six figures on the table by ignoring the trend. That won’t happen again.
Source
Here is an analysis behind the purchase:
I’ve heard so many different thoughts as to how the Chinese markets will “behave” this year. While no one may 100% know what will occur, it is in my personal opinion that they will emerge stronger than ever. If things keep progressing the way they have been, this should be the biggest year in the history of the domain industry. We shall see.
Here are five of the many reasons I have for acquiring the domain name:
1. Rarity: According to XYZ, there are literally ZERO remaining four number .XYZ domains available for registration.
2. Other Investors Agreed: I ran the domain by a few friends, and they too agreed that it was worth the acquisition.
3. Gut Instincts
4. Acquisition Cost to Potential Value : The acquisition cost was substantial. However, the potential value made it worthwhile to acquire it.
5. Learned From Mistakes: I left at least six figures on the table by ignoring the trend. That won’t happen again.
Source
