One of the hardest things to do is take profit. Our minds tell us we can make more. We don’t want to lose the big gains. It’s a true fact that you have to let the winners run to pay for all the losers. That’s in the official playbook. Especially in a game where 2% pays for the other 98% like in domains and NFTs. Yet you also have to sell assets to cover costs, put some money aside for opportunity, and secure some recoup on investment. Obviously the success level you have depends on how you manage all this. At times I have been excellent and others I have been stupid. When it comes to NFTs I’ve been as good as I’ve ever been. I have been taking profit at every “peak” and in 2022 those peaks were few. On paper I’ve probably lost $300K because in 2021 I bought several NFTs at peak and have sold them at 90% loss. Which is bad but its part of the “most are going to lose” thing . You have to make sure the winners are greater than the losers. You have to pay a very close attention to taxes because compared to domain investing which you may have hundreds of transactions. In crypto you have tens of thousands. And its not as simple as “I have money in the account so I must have made that amount”. All comes down to how you handled the sale and conversion. Don’t ask me what the right way is though. We are all figuring it out. Where I am going with this is you have to take some sales that are a little less than you hoped and definitely take a few sales that surprise you how well they’ve done.
I sold some $wool coin the other day. I put 5K into it at 3 cents and sold it at 7.4 cents. Time was 2 weeks. I absolutely think wool is going to go higher at some point but I also think it could go back to 2 cents for a minute. I sold 250K more that I get from the coin I paid .5cents for because 20K is a lot of money IRL and the smart thing is to bank it and use it wisely later. Last year was build assets, this year make them yield or take profits. As for domains, my goal is to make the portfolio better than it was when the year started. Easy if you don’t sell, more of a challenge if you sell a good name. I replaced MonkeyWrench.com that I sold for 45K with Encrypto that I paid 25% of that. I will add one more 10K name and call that a better than it started portfolio. After taxes I still get to keep a little. That’s today discussion of what I’m doing. Like to keep it open and honest. Have a great day and buy some names so we can keep writing and sharing
Quote of the Day: “Profit is a by-product of work; happiness is its chief product.” Henry Ford
Domain of the Day:GetApartments.com Memorable call to action name. Great display name
Click on any of the links to see current price
Namejet, Sedo, and Catched.com Names at Auction
NFT.be The dot be isn’t stopping the price on this one. Looks like it could hit reserve
FHS.net Great letters. Dot net discount code
NewOutlook.com 24 years old and taken in 14 extensions
ArtShark.com Love the brand and probably going to be pretty cheap
Achieves.com exudes achievement but an odd tense of the verb
PerfectFix.com Not only does it get fixed but well
FreeLawyers.com Yeah, love to see that actually happen
FreeForLife.com taken in 23 extensions so super popular brand or term.
RoadCity.com Tires, Truck Stop
White.xyz Top number of bids on the Sedo GD auctions
Dask.com Met reserve. 1K not too back for a 4L word
Cruise.xyz Like Elliot, I’m liking xyz now that Web3 has adopted them
Godaddy Domains With Bids
GYAL.com Don’t see a 4L leading the list of raw names with no backlinks. Taken in 19 extensions
Fuertes.com “Strong” in Spanish. And a last name
VCSD.org and Stateless.co Both at $3K at press time and both because of backlinks
PlaySpin.com Slots site all the way
KitchenApp.com because you aren’t going to be able to buy Kitchen.com
GoAnchor.com because you aren’t going to be able to buy Anchor.com
MedicineApp.com because you aren’t going to be able to buy Medicine.com
CanineCollege.com Such a great name for dog training company or site
MiniMachines.com A lot of uses here. From toys to work equipment
CampCreek.com I would drink this
AForeverRecovery.com Pretty much becoming the norm. Name with the most bids is an old site with good backlink profile
Cute.us The hottest new TLD and the every popular word cute
Nugle.com 5L but I feel like people will put another g in it
GRG.co We still doing dot co?
Artpol.com You had me at Art
ExpertConstruction.com Taken in 9 extensions but 32 companies using some form of this in their name
PalmGrowers.com California, Florida or Arizona cannabis growers
LetsMoveForward.com Nice mantra. Could build nice promotion around this
UltraSteam.com my new spa
RehabNursing.com an ever-growing category. Certainly hard to find the nurses right now. Maybe job search platform
Godaddy Domains with No Bids
The Rest of the Domains from Godaddy
99861.com
Aapuanaturturism.com
AccessAnything.net
AlliedCaribbean.com
Alluvium-Journal.org
artoftouchmassagesa.com
AthensGreekRestaurants.com
autoscuolamarche.com
Badr84hari.com
Bash3d.com
BellsOfficeSupply.com
BestLifeAndBeyond.com
BoosTrust.com
CabinetSourceRiverside.com
CoachmanAntiqueMall.com
Crate-Training-A-Puppy.com
DalryRoseBlog.com
daybreakambulette.com
DramaticResultsSaloNandSpa.com
EliteSerial.com
Exscientia.com
Falunhr.org
FreshCleanersChandler.com
FullMantis.com
GameSonAim.com
Gashpo.org
GeekSonTime.com
GetEverything.org
GrandNailSpaCollegestation.com
GreatNorthernVacations.com
HatTrix.com
HazelWoods.com
hemptoniccbd.com
HilltopAutoCortland.com
hj94.com
Iglesiavn.com
InternetButtons.org
JimmyCleans.com
joshuasmarina.com
Kanazawa-City.net
khyberrecyclinginc.com
KilleenEyecareCenter.com
KitTee.com
Letru.com
LifeAroundTech.com
LifelineLoans.com
LindseyJanePhotography.com
LisaBerne.com
LPVirginia.org
MacBar.net
MadRasaTo-Mohammed.com
Midnight-Rant.com
MiniDot.com
MovieBuffer.com
MWGrinpool.com
MyGpsLifePlan.org
Nemocas.org
NewCountryCleaners.com
NewLookJobs.com
Ocuult.com
OldWestGunsLasvegas.com
omegapgcollege.com
OnCallWaterHeaters.com
ParkWestDentist.com
PrivateDebtProject.org
ProMassager.com
qingdaojinrunda.com
sammyspastrami.com
SargeAnimals.org
StWoolf.com
TeamRiptides.com
TechnoDumas.com
TheBoatRowersHotel.com
TheHairBeast.com
thehillsyfs.org
TheWineCellarCuracao.com
TodaySnewShunt.com
TransVia.com
TucsonHouses4You.com
Tulsan.com
TurnLife.com
tzwhx.com
ValdezStar.net
Vietgardenrva.com
WBApp.com
WDStone.net
Yourca.com
YourGameIdeaIsTooBig.com
Zovp.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.
KitchenApp.com because you aren’t going to be able to buy Kitchen.com
GoAnchor.com because you aren’t going to be able to buy Anchor.com
MedicineApp.com because you aren’t going to be able to buy Medicine.com
CanineCollege.com because you aren’t going to be able to buy College.com 🙂
MiniMachines.com because you aren’t going to be able to buy Mini.com 🙂
CampCreek.com because you aren’t going to be able to buy Camp.com 🙂
lol 🙂 lol 🙂 Funny guy 🙂