I have been having doubts over the last couple of days about the tactics I have been using in order to buy domain names. Firstly, whether the $100 price point is giving me enough access to domains that I will be able to resell. Secondly, whether I should tighten up a bit on the search and (also) look for domain names that don’t currently have any bids.
One of my other worries is that I am bidding too far in advance and therefore encouraging further bids. A better tactic would be to always bid in the last few minutes. This is not a foolproof tactic but does give less time for more bidders to become involved.
So, here are the domain names that I have bidded on and lost over the last couple of days:
The domain that ended selling for the most was hbstc.com . I can’t personally see that value there, but perhaps I am missing something.
It is hard to choose my favorites as there were quite a few of them, but I did like:
omgkids.com – highly brandable
surfdudes.com – brandable and easily memorable.
earninbitcoin.com – good name for a startup?
juicepowder.com – if someone is selling powdered juice then this is THE domain to have. Easily memorable.
So, the good news is, that I did win some auctions!
Actually won 4 auctions, all from yesterday. The domains are (without yyy):
cryptobidderyyy.com $128
mobilityactionyyy.com $70
virtualjewyyy.com $23
extremeenglishyyy.com $17
Would it surprise you to know, that I actually rate them in value in the order that I paid.
I really like cryptobidderyyy.com as crypto is a hot market for domain names. And there is plenty of hype and excitement around bots and bidding. Also, NFT auctions. Although I paid more than my $100 average, I’m still pleased with the price that I got.
On the other end, I’m not really sure why I bought extremeenglishyyy.com . Not quite sure who would buy it. Was probably too much of an impulse buy.
Love virtualjewyyy.com as I think will be desirable to the right person. Or possibly someone writing a book.
And mobilityactionyyy.com is also a solid domain name. The main worry is that a potential buyer would probably be a charity who could use the .org and may not want to spend the extra premium to get this particular name.
If you remember, I already have otcinvestmentsyyy.com ($20), so I now have 5 domain names in my portfolio. None of them have been transferred yet, so no sales and not listed.
$258 for domains
$19.17 * 5 = $95.85 for the registration
=$353.85 spent
Leaving a budget left:
$10,000
– $353.85
= $9646.15
