Remember these 3 points when investing in domain names. This is how a successful domain name investment comes about.

The internet industry has been around for over 20 years, and the domain name investment sector has a history spanning over a decade. Millions, tens of millions, and even tens of thousands of domain names have been successfully auctioned on Juming.com. This is because Juming.com's domain name registration platform is also a well-established platform for domain name squatting, and some domains offer a reasonable price-performance ratio, which has attracted positive responses from domain name investors.

First, only invest in high-value domains; absolutely avoid junk domains these days. High value doesn't necessarily mean high price. Everyone has their own standards of value. Sometimes, more valuable domains are unpopular with sellers and sold at low prices. With good judgment, you can profit several times over before reselling them. High prices don't always mean high prices. Some domains appear cheap and good value, but are driven sky-high in auctions. No matter how good a domain is, an inflated price is detrimental to investment. The value of a domain won't be maintained over a short period of time, and the risk is high. Any fluctuations can ultimately backfire. As for how to judge the value of a domain, you need to learn and think deeply.

Second, avoid registering domains yourself. It's best to reserve, bid, and acquire domains. Most domains registered by yourself these days are junk, a waste of time and effort. If you have too many junk domains, you'll expend too much energy dealing with them, impacting your core business. It's best to eat less, raise more refined rice, and focus on your core business.

Third, avoid participating in unreasonable bidding. Maintaining rationality during the bidding process is crucial. Generally, set a target price before bidding. If you exceed it, try to withdraw. Unless you intend to use it as a website, continuing to bid can lead to various traps. Some domains are ultimately overbid. Artificially high prices are often caused by someone interfering or two or more people trying to acquire such a domain. If I hadn't decided to win, I would have resigned long ago if someone had intervened. Many people who won bids but didn't pay have since come to their senses.