Amzymayor
Established Member
- Impact
- 853
Still new to the domain investment. I've had a couple of sales, some turndowns, some high hopes, some disappointments, some hard decisions to make (should I renew that or leave it? Should I accept that low offer or wait for the right bid?).
Will all this experience, it makes domain interesting and addictive for me...and sometimes it can be tiring.
But my greatest regret happened when I started investing in domains. I could remember vividly that I bough 4 dot com domains for a start. And bought 10 the next week. Kept on buying till I had 25.
So I heard about Afternic and I listed my 25 domains there. Initially I slapped $5000 on each of them, expecting something big to happen the next morning (Yes, I was always checking the mail to receive that message we all love to see, "Your domain name has sold for bla bla bla..."). But it never happened.
So, one day, I thought, if they didn't come come to me, then I should go to them. So I came on namepros, picked up a template of the outbound email, then I started sending mails to end users...one domain a day.
And this glorious morning, I received a message from Afternic that I have $1000 offer waiting for me in the account. The email instructed me to add a BIN. I was ecstatic! Then I though, "1000 is too low. I want 5000."
Sure you guessed right. Instead of placing $1000 on the name, I added $5000.
So I started monitoring my mails, expecting Michael (the name of the Afternic rep) to send a mail that the buyer has bought the name.
I waited for 3 days but I didn't receive any mail from Afternic. So I sent Michael or Afternic a message. And he replied after like 25 minutes that he has forwarded the new price to the buyer. But he didn't hear from him after. He also said he called and sent messages to the potential buyer but the response he was receiving was cold. But he promised to keep trying.
That was the end of the deal. So painful. And what made it more painful was that I can't even reg the name with my more knowledge of domaining. I carelessly lost $1000 (close to #270,000 in Nigeria) because of, should I say greed or lack of knowledge of the industry.
Anytime I log in to my account, I still see the offer smiling at me. But of course it has expired.
So, friends, what's your most disappointing moment in domain investing?
Will all this experience, it makes domain interesting and addictive for me...and sometimes it can be tiring.
But my greatest regret happened when I started investing in domains. I could remember vividly that I bough 4 dot com domains for a start. And bought 10 the next week. Kept on buying till I had 25.
So I heard about Afternic and I listed my 25 domains there. Initially I slapped $5000 on each of them, expecting something big to happen the next morning (Yes, I was always checking the mail to receive that message we all love to see, "Your domain name has sold for bla bla bla..."). But it never happened.
So, one day, I thought, if they didn't come come to me, then I should go to them. So I came on namepros, picked up a template of the outbound email, then I started sending mails to end users...one domain a day.
And this glorious morning, I received a message from Afternic that I have $1000 offer waiting for me in the account. The email instructed me to add a BIN. I was ecstatic! Then I though, "1000 is too low. I want 5000."
Sure you guessed right. Instead of placing $1000 on the name, I added $5000.
So I started monitoring my mails, expecting Michael (the name of the Afternic rep) to send a mail that the buyer has bought the name.
I waited for 3 days but I didn't receive any mail from Afternic. So I sent Michael or Afternic a message. And he replied after like 25 minutes that he has forwarded the new price to the buyer. But he didn't hear from him after. He also said he called and sent messages to the potential buyer but the response he was receiving was cold. But he promised to keep trying.
That was the end of the deal. So painful. And what made it more painful was that I can't even reg the name with my more knowledge of domaining. I carelessly lost $1000 (close to #270,000 in Nigeria) because of, should I say greed or lack of knowledge of the industry.
Anytime I log in to my account, I still see the offer smiling at me. But of course it has expired.
So, friends, what's your most disappointing moment in domain investing?
