Quote:
Originally Posted by fuadsyazwan
what so great about castillo domain??
look normal to me.
does it worth buying all these domains?
couldn't we just simply buy some domains, and wait for it to turn popular sometime?
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1. castillo is index for 40-million web pages according to Google. that's pretty popular I must say:
Castillo - Wikipedia, the free encyclopedia eg. "Kuala Lumpur" is only index no more than 4-million (10x less!!), so you can imagine that "Kuala Lumpur" could still worth no more than $10K at present valuation. -- Penang is more popular BTW, and myteam is only indexed for 200K web pages ;(
2. domain trading has matured by now. just like forex, stock trading, gold trading etc, domain trading could actually be much more lucrative and stable (less risk). many traders make at least twice their investment by buying and selling worthy names. I have personal experience where the domains I've sold get re-sold for multiple times more, or getting multiple-times offer price after I've gotten rid of the names. The key is the skills to appraise/value the names.
3. buy new and wait: yes, possible, but it's likely a very long term investment -- at least two years or longer. but considering that you could be making 100x or more than your initial/on-going investment, nothing should hold you from that. but be modest. don't buy every name you've come across or you could end up with say, RM10K/yr annual costs for renewal of just 300 names.
but, there are individuals who maintain names worth millions of dollars in renewal fees, but still making millions in annual revenues so this could actually be a solid business just like selling tangible things.
all the best everyone!
yay! just sold another domain for 4-digit USD today... in time for me to really vacation in Tokyo next week.
Regards,
Nasir