One of the biggest mistakes people do is register “in the news” names. For every headline story of someone selling a name for a lot of money, are tens of thousands of names that go worthless. This is PERFECT example of this bad strategy from a recent post at Namepros
With Justify winning the Triple Crown at Belmont Park, i justified taking a leap of faith, and bought a half dozen two word .coms like, JustifyRacing.com (not mine). I also bought a few strategic one word Justify.ntld’s that compliment the .com’s.
This may be stink’n think’n, but professional gamblers may want to own domains with “Justify” as part of the name. Maybe I need to sell them in Vegas or at the track
Anyone ever justified a strategy like this? Ideas or suggestions? Thanks,
New domain investors seem to feel that since they can’t afford the “good” names so they hand reg names to get ahead of a trend or buy a name in response to a major event. It just doesn’t work that way. And it’s not just newbies. I’ve seen a lot of people that claim they are great domain investors waste their money on political or timely news domains. As fun as it was to watch Justify win the Triple Crown, it would have been more profitable to put all that money spent on his domain and put it on him to win, place, and show. Both are gambling.
The response of many alluded to the fact it was a bad move. But it got worse
“i’ve registered 1,750 names in the last 12 months of which you may have seen less than 10%. And you do know what happens to you when you assume anything Case in point, you’re so hung up on the .com’s vs. the nTLD’s you didn’t even notice my first post that started this thread where i CLEARLY stated i’d bought a half dozen .com’s using the word justify compared to a few one word nTLD’s using the word justify. So not knowing any of the .com’s i own, according to you,there’s a chance they might have some “real value”. Brad…before you criticize,you really should do your homework. If I were you i’d be embarrassed. Hint…I’m sure I could learn from you, but I know you’re way to close minded to learn anything from me. Sad….very sad”
He has 1750 names. He has to sell $16,000 in names just to break even. I sure hope he has better names to “justify” the stupid registering habits he has formed. Here are today’s domains. Hope you find a good one. Click to see the latest price
Quote of the Day: “It’s so hard to forget pain, but it’s even harder to remember sweetness. We have no scar to show for happiness. We learn so little from peace” -Chuck Palahniuk
Domain of the Day: BirdsNest.com My favorite name on the board. The price says its everyone’s favorites
Namejet and Sedo Names at Auction
PornHunter.com It’s a pretty easy hunt
WishIt.com Wish it and it may come
Fright.org Great name for a horror movie fan site . No bids
VDirect.com In use by several people. Upgrade
Gapo.com I think its going to fly by the reserve
WeekendDad.com Not worth a lot but there are a lot of them out there
FundPoint.com This is the kind of name I would use for Bitcoin lending. Not BitcoinLending.com
GoldenLights.com Nice brand for under $100
Godaddy Domains That I Like With Multiple Bids
BirdsNest.com My favorite name on the board. The price says its everyone’s favorites
ValuePark.com Best priced airport parking
Vorto.com Great sounding 5L.com Sound “Spanish Techy” Of course its almost $5K so a little more than Spanish techy
GTII.com 1995 LLLL.com I for International
ARDesign.com Upgrade name for dozens of companies
MyNewLook.com Good marketing name for someone that is going to work on your looks
XIdea.com Upgrade name. Many companies called X Idea
TastyCoffee.com as good of a coffee company name as any
MultiPool.com Bitcoin mining name. A pool of people that join together to mine crypto
FunnyHub.com Old humor site with a good amount of history. Four figures
73966.com Moving closer to 5 figures
TotalPros.com Several companies already think this makes a good brand
Godaddy Names With One or NO Bids
TriWave.com Nice sounding brand for under $25 (at press time) 1998 birthday
ShaneCapital.com Let me invest in you
DakotaJames.com no bids. Sounds like an established brand
OChecking.com Online currency. No bids
Giogi.com 5L with no bids
TheStoneOutlet.com Was a crowdfunded wholesale and retail stoyeyard that went under
Libmo.com 5L with no bids at $12
FavoriteCoffee.com Not as good as tasty coffee but its only $12 (at press time)
Superexperience.com The kind of experience many want to have. Not enough to bid though
TheCorkAndBottle.com Liquor store all the way
Godaddy Names With Bids
06657.com
36like.com
48dw.com
AshlawnOpera.org
Assoluto.com
AtTheGate.com
BeautyPageantNews.com
BlockChainAdvise.com
Canarino.com
CaregiverVillage.com
Chaamp.com
CreditCardBuddy.com
CryptObrazil.com
CryptocurrencyUSA.com
CryptoNoise.com
Cryptoos.com
Curry-Shoes.com
DarkNipples.net
Date-Check.com
Dutufou.com
eLinked.com
Empleocolombia.com
FastForwardGames.com
FineIronBeds.com
FlashScreen.com
FleetGlobal.com
Flutex.com
FOXUnit.org
GoldEnvault.com
GraniteFactory.com
HeartfulHabits.com
HenriChicago.com
Herenistarion.org
HKCDown.com
Hkcios.com
HumanTribe.com
Initial-Coin-Offering.com
ISD.cc
Iyhui.com
JC0.com
JoshBuilds.com
LoanTokens.com
lzbou.com
Meizhaixiu.com
MyTwinPlace.com
NavDirections.com
Neosmt.com
NewsFultonCounty.com
Only5.com
OrganizedCrimeWaves.com
PlatinumPavingArizona.com
Priny.com
ProjectDriven.net
QQS163.com
RaiseTheRates.org
RealEstateTokens.com
Scriptci.com
ShineBar.com
smarthomesetup.com
SNTJC.com
Spausa.org
Synthetic-Motor-OilSite.com
Tanaya.net
Thad.org
therenwickhotelnewyork.com
Tongrd.com
Travola.com
Tuitui2.com
VictoryForTheWorld.net
VipTravelExperts.com
Visaoz.com
Vismaior.com
WetVapes.com
Wikileaks.info
YourRent.com
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good
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I think this case was more to do with a bad choice of domain as opposed to anything else.
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I think about 2% of my portfolio are hand reg .. or even specifically “news” domains .. but you need to make very smart choices in these regards. The news you need to focus on is news about breakthroughs or trends / futuretech. Doesn’t even need to be tech. Last year I saw a report on oil safety that talked about “Bitumen pellets” where Bitumen transport could be made infinitely safer by forming them into safe ball shapes. I jumped to the PC to do a bit of research and then see what was available .. “Bitumen Balls” was already taken (which I thought would make for a more brandably friendly name,) but the actual term used “Bitumen Pellets”, as well as another I saw online “Bitumen Bricks” were both available. So I grabbed them hand reg (in com).
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I realise it’s a future tech gamble. But given the information at hand .. *IF* the technology works out it will be a game changer in the energy transportation sector .. a multi tens of billions dollar a year industry. It’s still a lotto ticket .. but the risk to reward on that lotto ticket was just way too big to ignore.
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I will agree on news of events that happened would not make good buys. A winning horse’s name is going to be hot for what? A week or two? Even then it’s not even necessarily a name that could ever be commercially viable. The only time I would buy a horse’s name is if I thought it could be a cool brand name (unrelated to the actual horse). Thankfully in this case “Justify” isn’t a horrible domain to get in better non-com’s .. but even then only in some TLDs .. many still wouldn’t be worth it.
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On the same front I grabbed “America Votes 2020” (in com) off the drop .. because while it is a short window “news” domain .. “America Votes YYYY” is the exact match for what a large number of news organisations use for reporting on elections. So I’m very happy with that exact domain (although admit “America Votes” would be the monster domain for the category .. but I got mine for a fraction of a fraction of what that would cost .. so again the risk/reward was just too huge to ignore.
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So at the end of the day I’d be prudent to blanket dismiss an entire type/category of potential domains .. but people need to be really smart about it .. because it certainly is very easy to throw your money away if you’re just grabbing something simply for the sake if it being a currently hot topic.
ooops .. with “America Votes 2020” I meant to say expired at GD Auctions .. it didn’t get all the way to the drop.