Kyle Tully
Established Member
- Impact
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Every few days watching the domain drops I'll see a flurry of keyword domains dropping.
e.g. One day there might be dozens of "meta" names dropping, a few days later it might be "spatial". Whatever the hot topic was a year or two ago.
Typically there may be one or two OK names in the bunch, but they tend to get progressively worse as you go through the list. The sign of someone going on a "shotgun" hand-reg spree. And my first thought is always what a waste of money... my approach has been more that of a sniper, picking off only the best names (IMO) that I plan to keep for 10+ years and testing the waters before going deeper.
This has worked very well for me, e.g. I had a thesis about a specific type of .gg name, reg'd 3 and sold 2 for $5k each within a year. Reinvested those profits into more of the same type of name. Did the same in the gambling niche, turning 2-figures into 5 within 18 months. I only have a handful of AI names for the same reason.
But what you don't see with all those names dropping is what the investor sold from that bunch of names. They might have registered 100 and sold 5. Perhaps the shotgun approach works better?
I'd love to hear what style of investing you tend to take when going into new niches or spotting new trends and how it has worked for you.
Do you take a shotgun approach, grabbing everything that fits a loose criteria and planning to drop names? Or are you taking more of a sniper approach and only getting what you consider to be the best names you plan to hold?
e.g. One day there might be dozens of "meta" names dropping, a few days later it might be "spatial". Whatever the hot topic was a year or two ago.
Typically there may be one or two OK names in the bunch, but they tend to get progressively worse as you go through the list. The sign of someone going on a "shotgun" hand-reg spree. And my first thought is always what a waste of money... my approach has been more that of a sniper, picking off only the best names (IMO) that I plan to keep for 10+ years and testing the waters before going deeper.
This has worked very well for me, e.g. I had a thesis about a specific type of .gg name, reg'd 3 and sold 2 for $5k each within a year. Reinvested those profits into more of the same type of name. Did the same in the gambling niche, turning 2-figures into 5 within 18 months. I only have a handful of AI names for the same reason.
But what you don't see with all those names dropping is what the investor sold from that bunch of names. They might have registered 100 and sold 5. Perhaps the shotgun approach works better?
I'd love to hear what style of investing you tend to take when going into new niches or spotting new trends and how it has worked for you.
Do you take a shotgun approach, grabbing everything that fits a loose criteria and planning to drop names? Or are you taking more of a sniper approach and only getting what you consider to be the best names you plan to hold?