Should you trust your instincts when investing in domain names?

When faced with the choice of renewing or abandoning a domain name, the role of intuition cannot be ignored, but you cannot rely solely on intuition to make a decision. Intuition is the product of experience, knowledge and subconsciousness, but when it comes to finance and investment, rational analysis is usually a safer path. The following points can help you find a balance between intuition and logic.

1. The value of intuition: a reflection of experience

If you have accumulated a certain amount of experience in the domain name investment industry, then your intuition is likely to be a comprehensive reflection of potential information. For example, you may unconsciously notice certain market trends, industry needs, or the potential value of domain names. If these domain names trigger your intuition, perhaps they do have some potential. But the question is whether this potential is worth investing more money to renew.

2. Data and analysis: rational support for decision-making

Although intuition can be a starting point, specific decisions still need the support of rational analysis. Here are a few questions to help you evaluate whether these domains are worth renewing:

· Market demand: Do these domains meet specific needs of the current or future industry?

· Keyword attractiveness: Even if they are not top keywords, can they match the needs of certain niche markets?

· Traffic and inquiries: Have these domains attracted any potential buyers or traffic in the past year?

· Competitive analysis: Have similar domains ever been traded in the market? What is the transaction price?

By using domain valuation tools or looking at historical sales records, you can find data support for your intuition.

3. Financial considerations: risk and return

Renewal costs relative to potential returns are an important metric. If the renewal costs of these domains are relatively low and your financial situation allows this risk, then keeping them may be an acceptable option. On the contrary, if these domains have high maintenance costs and market demand is unclear, it may be more rational to give them up.

4. Industry feedback: Get advice from the community

Now that you have obtained information by browsing the forum, you might as well take advantage of community resources. Anonymously post the information of these domains to the domain investment forum and ask other investors for their opinions. Their opinions may help you verify or correct your intuition.

5. Take a step back and think: regret management

Ask yourself a question: "How much regret would I have if I gave up these domains and they later sold at a high price?"

· If the answer is "very regretful", perhaps the signal in your intuition is worth respecting.

· If the answer is "okay", then these domains may not have much actual value.

Conclusion

In domain name investment, intuition is an auxiliary tool, but the core of decision-making should be based on data analysis, market trends and financial evaluation. If you have reason to believe that certain domain names may have potential buyers in the future and can afford the renewal costs, then follow your intuition and continue to hold them. On the contrary, rational abandonment is also a responsible choice.

Investment is essentially a weighing of risks and returns. Only by combining intuition with rationality can we make more confident decisions.