A key part of successful domain name investing is continuous improvement – yes, improvement in portfolio quality, but also improvement in our own skills and routines as investors.
What one, or few if you prefer, thing do you feel you are doing better now than a year ago? It could be some new skill you have developed, something you have learned, or a change in how you go about domain investing.'
Just considering this question can be helpful. But posting it so others can read will give us all new ideas for improvement, so help the community.
I look forward to seeing what people post!
-Bob
Personally, I increased research and data analysis and decreased the number of domains I actually pull the trigger on out of a top 5 list collected from that research. I've found that it's easier to say no to the temptation to jump on something without any research data to justify it this year.
I'm not a very big portfolio holder anymore, I'm only in the double digits these days and sometimes dip into single digits when I decide to rotate, cleanse, purge, drop or flip a few just to liquidate.
The deep research I do daily, has a few consistencies. An important one (for me anyways) is that .com is consistently dominant over everything else, Classic legacy gTLD's retain value better in down-turn bear markets, ccTLD's have a strong geographical push keeping them in a liquid float life-preserver, Newer gTLD's however, have spikes triggered by promotional registration discounts that are sometimes confused with a trending niche about to go liquid for a while, resulting in a bunch of people jumping on-board and then it bottle-necks and takes a deep drop dive the following year.
The waves of data going up and down for some of the gTLD's during a promotion vs. promotion end (full pop renewal costs) is crazy. I stopped riding those waves this year.
For me, it's more about cherry picking now, even though I'm finding that the data is scaring me away from some things I would have jumped on before, I only manage to find green lights once every few months now. I think slowing down to processes everything (Putting away the trigger finger) has been a big help.
Onward.... May it be a glorious year
