Do you hunt for premium domain names?
It's on my daily to-do list to find domains to add to my portfolio.
I've only ever held 99% .coms and could only count on my hand the number of .net, .org, .xyz, and now, a .forum I've held onto.
.org domains were good when Google favored EMDs, so I probably had less than 99% .com at one time, as I could develop a 5-page .org page with AdSense to set and forget. The method no longer works, and the EMD in .org isn't an invest-worthy name, so they all eventually got dropped if not sold for $1~.
This doesn't reduce its value. I can see how, if at one time, it was used for adult content, that it could be a hard sell, but it's not impossible.
I don't really hunt for domains if I have no use for them. It's a wasted money pit in my opinion.
Sometimes it feels that way to sit on a $10-500 domain name for 5-10 years, but that $5000+ sale at the end all but makes up for it. You can't just buy junk, though.
I don’t specifically buy domains unless I have a plan for them.
This is my methodology of selection. If I can have a plan for them, I know someone else out there may have the same or a similar idea. It's worked for me, and where it hasn't, I've developed minisites for AdSense revenue, etc., or just leave them parked.
I sold one for 100 dollars then my whole account got hacked so it ain’t really worth it.
I don't see the logic in this. I mean, say I invested $100 into a company and it went bankrupt. Am I going to choose not to invest $100 into another company when my outlook is 20+ year growth?
(I prefer index funds and ETFs now, but I do have a small portfolio of select companies only.)
Some of the domains I bought are now very big and well known.
I've visited some of the domains I sold before and kicked myself in the butt for the price I sold them at. I no longer follow up on domains I sell...
