Whenever there’s as much money on the table as with short domains, a lot of people try to manipulate you. Through blog comments, when posting on forums and so on.
The easiest way to identify someone who is trying to manipulate, at this point, is seeing him or her say things such as “short domains are hot” or “ is hot” when the reality is quite different.
Certain short domain categories such as VR names are still hot but most aren’t. At least not anymore.
Anyone who believes the short domain market in general is currently hot is living in denial.
It’s not.
Am I saying prices cannot rebound?
Of course not. Maybe they’ll go back up, perhaps we’ll eventually see new highs. I have no idea what the future holds, neither does anyone else.
What I do know however is how things CURRENTLY stand. And right now, the short domain market is definitely not hot. It just isn’t.
If you want to do well as a domainer, you cannot afford to live in denial. The present may not be as rosy as you’d want it to be but that’s just the way it is. Smell the roses and face reality.
Am I saying you should sell all of your short domains? No.
Am I saying you should back up the truck and buy more to take advantage of the lower prices? No.
I’m not going to make decisions on your behalf, that burden rests exclusively on your shoulders. The only thing I’m trying to tell you today is this: do your best to find some clarity in an industry full of manipulation attempts. Take a day off. Go for a walk in the park. Do some work around the house. Whatever helps you disconnect yourself from domaining and clear your head.
Once you feel up for it, take a blank piece of paper and a pen, then write down your current perception of the short domain space.
Don’t be optimistic, don’t be pessimistic either. Write down your best attempt at an objective industry analysis.
Then take some more time off, clear your head again and revisit the page in question later on. Keep doing this until the fog starts to clear. Again, it’s on you to figure out what to do next but for the love of God, do it with a clear head!
July 3rd, 2016 at 7:45 am
The entire market is down not just short domains. Easy to type and remember domains will always be valuable in a mobile World. Ebbs and flows. Always.
Put some domain money into bitcoin and other crypto currencies like Lisk and possibly Ethereum if they clean it up. Brave New World. Once the power goes out only bullets will be worth anything. 😉
July 3rd, 2016 at 8:34 am
Should one be especially careful when bloggers sell short domains on their blog and use adjectives such as “juicy” to describe them even if they have no discernible meaning in any language?
Should bloggers disclaim they are part of a domain investing team that purchased a large amount of a certain type of domain (i.e. 4L Chips, etc) and attempt to sell them through blog posts?
These are important questions one must ask themselves when reading domain blogs. Transparency, or lack there of, is a problem newbie domain investors could be challenged with reading domain bloggers.
One should also be careful who they do business with. Some domainers bid on domains but fail to pay. Some domainers agree to sell domains for a certain price and then bail out. I have experience with both of these situations, and it appears a certain blogger in particular has or has had a business relationship with both of these individuals.
The domain market might not be “hot” but if one is diversified with real money (i.e. Gold) than they are effectively hedged against big downturns in the tech/domain world.
July 3rd, 2016 at 11:44 am
I think there is going to be hype in every niche market from both sides of the spectrum. It’s common for just about any investor to hold their own portfolio at a higher personal value than any others. Because of this, it sometimes causes an excitement fueled campaign to boost others perception of the niches they have domains in. Thus, the blog comments that use words to refer to a niche such as, but not limited to: Premium, Golden, Hot, Liquid, etc.
After seeing thousands (If not millions) of domain topics with such keyword play, it eventually becomes second nature to ignore all the keywords and take a domain on it’s face value + researched value.
Sadly, it’s mainly the newer investors that fall pray to the keyword fluff. It’s like a cruel initiation process with a learning curve attached.