Why do newly registered domains retain less value?
because the assumption is:
since they were newly registered
then,
their value, can't be more than the cost of that registration fee.
now that's in general,
but there can be specific domains that are fresh regs, which can have value... depending on the times and trends, etc
for instance:
I used this example before, but years ago I registered a mobile tv phone name in .com
this was before the iPhone
the name sold for 4 figures
same with crypto and bit names
those who regged the good ones before the shiz-zit hit the fan, had some breezy sales.
now the market is flooded with cryptocrap names for sale
before that, it was ChinesePremium.com, 4,5,6 letter patterns, getting gobbled up from com to org, even biz
gotta know what's next, while knowing what stays the same.
when to get in and when to get off the train
imo....