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Here's the thing
Posted on: January 13, 2021 at 13:18:11 CT
hefeweizen MU
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That's over 200x multiple, which even puts some of my older BTC investments to shame (in terms of multiple, not overall return).
Domains are an underappreciated investment class, and they're fun. I have about 1000 in my portfolio that I paid ~$200k for over the past 7 years or so. If you're patient, you can make huge returns (10-200x) and the risk is fairly low (if you know what you're doing). Renewal fees for my portfolio are $10k per year, but that's more than covered by the sale of just 1 domain on average.
Some of the negotiations get REALLY contentious, LOL. People get mad when they find out their domain of choice isn't cheap.
Domains are an underappreciated investment class, and they're fun. I have about 1000 in my portfolio that I paid ~$200k for over the past 7 years or so. If you're patient, you can make huge returns (10-200x) and the risk is fairly low (if you know what you're doing). Renewal fees for my portfolio are $10k per year, but that's more than covered by the sale of just 1 domain on average.
Some of the negotiations get REALLY contentious, LOL. People get mad when they find out their domain of choice isn't cheap.
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Here's the thing - hefeweizen MU - 1/13 13:18:11