Earning money is still possible despite the lack of difficulty involved in doing so. Comparatively, it has a better return on investment than some of my other possessions.
Having this possession doesn't consume much of my time, as I have already sorted out everything about it. I can easily spare 30 minutes a day or take an extended vacation without worrying about it.
Although I won't be keeping all of my domain names, I will still retain a few of my best ones. As for the rest, I might destroy them or let them fall.
Surprising to some, I'm one of the most active members of the sales forum. But I have reasons to think about leaving. These are just my thoughts, and you're free to change your mind regarding them.
Development or Parasitism?
2. Examining the Ethics of Cybersquatters and Theater Ticket Speculators
3. The Dark Side of Domaining: Enriching Individuals at the Expense of Society
4. The Pros and Cons of Domaining: One Investor's Experience
5. Domaining and Society: Can Both Benefit?
6. The Fine Line Between Fair Business Practices and Unethical Domaining
7. My Domaining Journey: Successes, Failures, and Ethical Dilemmas
8. Domaining: A Lucrative Investment or Unfair Practice?
9. The Impact of Domaining on the Internet Zone and Society
10. Domaining and the Common Good: A Critical Look at the Industry.
The domaining market requires innovative strategies beyond just beauty and convenience. Despite experimenting with targeted advertising on social media, the response has been limited.
For me, the process of creating domain names and writing descriptions for them was more enjoyable than the end result. I take pride in crafting honest and unique descriptions that cannot be found elsewhere (not to boast).
However, it's easy to get caught up in one's own creativity and lose sight of the bigger picture. From an external perspective, one may appear as just another unscrupulous cybersquatter cluttering the market with trendy but useless domain names that hinder legitimate business activities.
The fact that you don't have to spend much time managing these domains, as you've got everything sorted out, allows you to be quite flexible with your daily schedule or even take extended breaks without a hitch.
You mentioned that while you plan to retain a select few, you're contemplating letting the rest go—either by destroying them or letting them lapse. This decision, surprising as it might be given your activity level in the sales forum, indicates a shift in your priorities or a reassessment of the domains' value to you.
It's interesting that you're considering stepping away from the sales forum, despite being one of its most active members. If you're feeling disillusioned or simply wanting a change, it might be worth evaluating whether the forum still serves your goals or if it's become more of a distraction than a benefit.
Your reflection on this matter seems like a crucial point for evaluating your next steps. Whether you're looking at the domains from a purely financial perspective or considering the time investment, your current approach to managing and potentially discarding some domains shows a strategic shift. It could be useful to reassess what truly adds value to your portfolio and what might just be occupying space.
If your domain portfolio truly requires minimal time and yields better ROI than other assets, why even bother with the sales forum? Maybe you're overestimating your "best" domains or underestimating the effort needed to keep them relevant.
Destroying or letting domains expire is a lazy exit strategy, better to auction or wholesale them to recoup value. Also, being "one of the most active members" yet contemplating leaving sounds like burnout or disillusionment - perhaps you need a new strategy rather than a retreat.