Thinking about domain names
I already own a few domain names.
I’ve never made money from them, preferring to sit on them. I’m not sure why I don’t sell a few and then buy some more with the profit. Really I suppose, sitting on domain names is only so good for a certain time. After that the value of the domain name is more in your head and your opinion then what it may be worth on the open market. We (yes, you too!) have a habit of overestimating what our own domains are worth, and underestimating what other domains are worth.
There is only one value that a domain is worth - what you can get for it from the market.
I’m now going to take by own advice and sell a few that I will never get round to developing and that I can’t see substantially increasing in value over the next year.
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