Domains are what investors refer to as “risk assets”.
In other words, your returns can be very high but you’re also risking more than with other types of investments, since liquidity-related issues and other aspects contribute to this.
There’s absolutely nothing wrong with that in my opinion.
As an investor, I’m not afraid of risks as long as I know what I’m up against.
Without taking calculated risks, your results as a domainer/entrepreneur/whatever probably won’t be very good.
On the other hand though, most beginners lose money due to foolish risks.
We’ve probably all been guilty of this and I’ve said it on DomainingTips.com over and over again: do everything humanly possible to fine tune your ability to make rational rather than emotional decisions.
Sure, emotional decisions are exciting and everything.
The “thrill” factor contributes to this and yes, making a decisions after hours of research is considerably more boring than making an emotional decision.
But it’s those “boring” calculated risks that will ultimately help you achieve sustainable results.
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