What advice do you have for domain name investment? What basics do novice domain name investors need?
DomainCn
Many domain name traders rush into buying or registering domain names before understanding the market rules. As we all know, these players ultimately fail. Some even say they aren't playing with domain names at all, but rather being played by them. How can we solve this problem?
1. Domain names are timely. You can register many good ones at any time. Seize the best sales opportunities and win is the best.
2. Don't play with domain names. I've seen many companies switch domains later, the oldest of which dates back to Sohu. If you're willing to spend a little money, you don't have to worry about it.
3. Domain name sites are king. Just like domain names are used as websites, I believe no one wants to type a good domain name into the address bar only to have it not open. This is a waste of domain name resources.
4. A domain name is an investment, not your lifelong commitment. If feasible, it's recommended to closely integrate limited resources with the operation of the entity.
5. Domain name acquisition and sales are impulsive. Often, I buy a domain name on impulse. As a result, I buy it and wonder if I can make good use of it. Some investors also hope to sell a domain name, but when they do, they find themselves extremely reluctant to let it go.
6. Domain names are not comparable to websites. Domain names are merely investments. It's common to see some rice farmers selling rice to a company using a large website, feeling they've lost money. But if you don't do that, think about it from another perspective: Isn't it still waiting for you? Therefore, when the domain name is sold at the right time, you've gained value.
7. Domain name investment is cyclical and vampire-like. Many rice farmers sell their harvested rice and use the proceeds to harvest new rice. As a result, certain types of rice are often oversold. The money from selling rice was intended to buy new rice, but now I need money to do something else and find that I'm left with nothing but rice. Domain names are like dreaded vampire bugs.
8. Domain names are highly negotiable and creative. Never underestimate the creativity of the end-user, unless the end-user is deeply committed to their brand. You should let your domain name flow; otherwise, it will rot.
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