As I said a couple of weeks ago, I’m planning on shifting my investment strategy a bit in 2019 to put more focus on buying liquid numeric domain names. Some people have asked me what I’ve bought so far so I thought it would be good to share that with all of you.
Like the title says, my current progress is at 0%. I haven’t purchased anything yet, but I have been reading, and watching. Lately I’ve been trying to discover more domain marketplaces in Asia besides the big and well-known ones like 4.CN. I would share a list but I haven’t done a deep enough dive to determine which are worth recommending, which aren’t, and which could turn out to be a scam…so I don’t want to share any “resources” until I know they’d actually be helpful.
I have also been looking at as much data as I can get my hands on related to the current prices that 4N, 5N, 6N and 7N domains are selling for – these four types of numeric domains are where I plan to start. 3N .COMs are going to be out of my budget, and while I could go nuts with 8N and 9N .COMs, I wanted to draw the line somewhere that felt reasonable.
One resource I can definitely recommend is GGRG.com, along with being a super nice guy, Giuseppe puts together some pretty solid reports about liquid domains. If you don’t know about these reports, essentially Giuseppe has partnered with companies like Estibot and DomainIQ and popular domain escrow service Escrow.com, all of which have a ton of data about domain sales, and put together a comprehensive report on the liquid domain market.
It’s interesting to do a deeper dive into this data and compare with current auction prices. 5N .COMs for example saw sales prices in the 5th percentile at just shy of $500. This goes to show that while 5N .COMs are selling for $5,000+ on Go Daddy Auctions, it’s only the best that go for that price. If you just start buying 5N .COMs randomly, without doing your homework, you could dramatically overpay.
This is also why I’m currently sitting at 0% progress, I’m still in learning mode. Sometimes people think that if you’ve been buying and selling domains for years you somehow magically get “expert” status in all things Domaining. While some people might pretend that they know everything, I’m proud to say that I sincerely don’t, but I love learning.
As I continue to do more research I will of course share what I learn with all of you. For now, there’s not much more I can share because I’m still trying to figure out which way is up myself in the world of liquid numeric domains.
Have any resources you think I should check-out? Any marketplaces in Asia that are lesser-known that I should take a look at? As usual I want to hear from you, comment and let your voice be heard!
