I am working on understanding if different elements have affected how domain investors buy domains. If you have been invoving in domain investing for over a year, I kindly ask you to cast your vote.
Please keep in mind that I am refering to the overall quantity of money spend on acquisitions, rather than the cost per name or the count of domain names purchased.
You can also share your thoughts in the discussion about how your buying habits are evolving, like spending the same money but getting less, more valuable domain names.
Thanks for your help in advance.
I was just looking for any name that seemed interesting or had potential, spending a fair amount of cash without really understanding the market dynamics. Now, I've become more strategic.
The whole landscape has shifted significantly. Prices for premium domains have skyrocketed, and it's become a lot harder to find affordable options that hold value. I used to be able to buy multiple names with a decent budget, but lately, it feels like I'm spending the same amount of money and getting fewer domains in return.
From my perspective, the increasing cost of quality domains has made me rethink my tactics. I've started focusing on quality over quantity. Instead of snatching up as many domains as I can, I'm diving deep into research to find the gems that could appreciate over time. This change has been essential, especially considering how competitive the domain market has become. The influx of new investors has made it so that even average names are going for much more than what they used to.
Moreover, I've noticed that I'm looking more into niche markets. Identifying specific trends, like emerging technologies or popular industries, has helped me find valuable domains that are aligned with those trends. It's also a matter of patience; sometimes, I will sit on a domain for a longer period in hopes that its value increases rather than flipping it immediately.
In discussions with other domainers, many share similar sentiments. We've all adapted to the evolving market dynamics, and it's interesting to see how our buying habits have aligned. The overall investment might remain the same, but the returns seem to come from fewer, but more strategic acquisitions.
I think being flexible and willing to adjust your strategies is crucial in this space. The domain investing world can be unpredictable, and staying informed about market trends not only helps in making better purchasing decisions but also in anticipating future shifts. So, for those who have been in domain investing for a while, I encourage you to reflect on how your habits have changed, and perhaps even engage in discussions with others to share insights and strategies.