Earlier this week, I’ve mentioned that perhaps Sedo should turn GreatDomains into a “once per season” (4 times per year) thing rather than a monthly event so as to be able to put more appealing inventory on the table. Perhaps an attitude like this benefits the reseller market as a whole and I’m practicing what I preach here with my own newsletter.
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I’ve written about LLLL.coms yesterday and since there’s been quite a bit of interest in LLLs over the past 24 hours after a ~10k CHIP LLL price drop (blog as well as forum discussions), I think it’s time to discuss LLL.coms from an end user perspective.
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LLLL.com prices have skyrocketed from late 2015 to early 2016, then fell as of that point and have pretty much stagnated since. The price drop was dramatic but still, prices are *considerably* higher now than they were prior to the surge in Chinese interest.
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I was looking at this month’s Sedo Great Domains inventory and initially thought to myself that the lineup seems decent. But after taking a look at the reserve ranges, I’m left scratching my head.
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Over the past months, I have to admit I’ve become more and more worried about the state of the world. I’m a fact-oriented economist, so I hate it when it’s a gut feeling that bothers me rather than a specific scenario. Right now, I couldn’t say that Scenario X or Scenario Y worries me, I don’t have a specific threat in mind but due to the instability that surrounds us, I think it’s time to hope for the best but think about the worst as well.
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People think it’s awesome that I get to earn a more than decent living working from home… and it is. But getting there is the tricky part and there are far more people who fail than there are success stories.

Why?
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It’s ridiculous how time flies!

A little over 9 years ago (on the 31st of January 2008), the previous owner of DomainingTips.com published his first post and roughly a year and a half later, I bought the blog from him and took over. This means I’ve been blogging on DomainingTips for roughly 7 and a half years. Wow. Just wow!
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In his “Outliers” book, Malcolm Gladwell says it takes roughly 10,000 hours of practice to achieve mastery in your field. Now sure, I’m not saying we should agree with his 10,000 figure 100% but it is fairly obvious that no matter what it is you do for a living, it takes a LOT of practice to become an expert. A LOT!
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The auctions are being held on NameJet and please note that not all of them end at the exact same time, they’re ending 5 hours and 5 minutes to 6 hours and 45 minutes from now. I was following one of the domains but the current bid exceeds what I’d consider a bargain price and since I tend to be a cheap bastard when buying, I’m no longer interested.
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Beginners love writing numbers on a piece of paper and calling it a plan, I was guilty of the exact same thing. Making plans about how you’ll buy x domains, then “easily” (oh, how I’ve misused that word over the years!) sell y% each year at an average price of $z and watch that sweet, sweet money come rolling in.
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