In the investment world, you’re a bull or bullish on something (for example domains or stocks) if you think the value will go up and a bear or bearish on something if you think the value will go down.

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Yesterday, I analyzed one of the most popular arguments among those who don’t believe in new gTLDs.

Today, I’ll analyze one of the most popular ones among those who do.

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First of all, I think the Team Schilling vs. Team Schwartz debate is a great idea, I hope they’ll make the video available after the conference because interesting debates are always good for the industry.

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Wrong 🙂

On the one hand, picking amazing domains (“the one”-type domains that can change your career/life) is definitely not easy, it’s basically a combination between an exact science and an art. However, you’d think at least staying away from awful domains should be easy enough but the truth is, it isn’t.

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Let me explain why you should think twice before settling for a “next best thing” domain (something a lot of domainers are guilty of).

Think of a random two letter combination. Let’s say YQ.com, that would be a six figure domain, I think pretty much any LL combo would generate six figures.

Now add another letter, X. YQX.com is a low quality LLL dot com but still, you’d be able to get $4,000-ish for it relatively easily.

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I found six GoDaddy coupons for you guys this week, 5 for domains at $1.99 (two of them should work internationally, not sure about the other 3) and one for a 41% renewal discount (I don’t usually post renewal coupons but since most of them are usually for 30%-ish discounts and this one gives you 41%, I thought it’s worth sharing, these codes tend to be pretty rare – edited: it seems it doesn’t work for all extensions, so the renewal coupon is nothing special after all since you already have lots of simiar renewal coupons for dot coms for example, sorry ’bout that)

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Not sure how many (if any) domainers are Mensa members (to be a member, you have to take their IQ test and score 130+ if I’m not mistaken). Going to one of those tests is tempting, even if only to see how I stand. As far as I understood, it’s a supervised test and therefore probably more complex/relevant than whatever tests you can take online.

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I notice this way of thinking a lot among beginners.

A domainer hand registers a domain for $8, then flips it for 100, 200 or even 1000+ times more and thinks he generated a huge return. But what about the other 1,000 domains in his portfolio that cost him $8-$9 each per year in renewal fees?

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Most domainers only analyze the positive aspects associated with being a domainer “back in the day” (before we even called it domaining) and there are lots of them, can’t argue with that.

What I’ll try to explain today is that it wasn’t all sunshine and rainbows, there were several challenges due to which a lot of people ended up abandoning domaining altogether.

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… I don’t know, maybe it’s just me but I always loved the “No Reserve” format of NameJet. And make no mistake, I’m sure a lot of times, the heated bidding generated more revenue than a reserve model would have for certain names.

As of a certain point though, they started allowing people to auction domains with reserves as well. In other words, the domains in question are only sold to the highest bidder if the highest bid exceeds the reserve amount set by the owner.

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