DomainCX
7.7K posts

DomainCX
@DomainCX
#Domains are the world's most valuable digital assets and I have been exploring them since 2019. 📝🪩 ICANN approved tlds like .com / .org / .io and more.



As a domain investor, I frequently get questions about outbound sales. I rarely do outbound. I tend to prefer passive, inbound sales for the following reasons:








Domains are the rarest digital assets, those who know, they know. Now I think, I'm starting to understand it. Made up my mind to buy one word .com, saw it was listed on Atom, tried to make an offer of $35k and saw this message. 👇








It took me six years to reach $1M in domain sales. After in-depth study, research, and small experiments in 2019, I started with $100k in January 2020 with zero domains and gradually built a portfolio of over 5,000 active domains. Domain sales from January 2020 to today: Afternic : $747,370 Afternic LTOs: $35,000 Dan: $109,341 Sedo: $55,000 Spaceship: $17,493 ------------------- Total: $964,204 in domain sales. Wholesale: Sold over $114,000 in bulk domain deals (all private). Grand total: $1,078,204 in six years. I am very grateful to @afternic and all the buyers who purchased my domains. 🙏 Expenditures: Approximately 45%, including marketplace commissions, domain renewals, and acquisitions. Net profit: 55%, plus a portfolio of over 5,000 active domains that increases in value over time and serves as a cash flow machine for a small family man like me. Lessons: 1) In the first few years, I lost a few domain deals due to lack of negotiating skills. Their combined value was around $90k. 2) I stopped using DAN and Sedo long ago, as all my domain sales came from Afternic, and I found it time-consuming to list on all marketplaces. Currently, my domains are listed on Afternic and Spaceship only. 3) You all know I wanted to sell my portfolio. I tried my best and even listed it for 9 BTC, but it didn't sell. I received two strong offers but politely declined them, as they were not from domain investors—those individuals came from different backgrounds and had little understanding of domains. Mistakes A) I wasted about two years on crypto trading, which caused health issues and sleepless nights; domains are a much better and safer investment. I wish you all a happy, healthy, and beautiful life full of happiness and prosperity. ✌️😀 In July 2024, I wrote about my first four years' journey, including revenue details. 👇 x.com/DomainCX/statu…











