In domain investing, and life in general, asking questions ensures you’re getting what you are promised.
Without asking questions, domain investors become lemmings instead of self-thinking individuals and entrepreneurs.
By all means test the waters of any venture you come across, ensuring that you don’t lose your shirt in the process. Quite often, promissory statements made by so-called market “experts” fail to disclose an underlying agenda that might be in place.
Also: Past performance is not indicative of future results.
The Chinese domain market is one such ‘Wild West’ venture. Many claim to have made small fortunes trading domain names among the Chinese domain investors, but there is little data on the fortunes that have been lost due to excessive or immature domain investments.
To follow claims blindly without further analysis of the market and while ignoring the ever-changing trends in a highly volatile market, one is playing with fire.
Unless you are a pyromaniac or a fire-fighter, such engagement is not advised.
China’s domain investors form a tightly knit community of traders that faces the challenges of a growing economy.
China has become the victim of its own growth and excessive economic consumption. People want to make lots of money with very little effort and the stock market, along with the domain market, are fields that those unfamiliar with sensible practices will be financially decimated onto.
These are the facts.
We track sales of short domains in the Chinese market, focusing primarily on two and three character .CN and .COM domains. We’ll throw in some “chips” for good measure, courtesy of BenMi.com.
Here are today’s domains:
9o.cn
hlb.cn
mqp.cn
p9.com
dtq.com
fby.com
ltq.com
pwl.com
qnh.com
xqb.com
yhj.com
zhn.com
cktg.com
lrfx.com
pjlm.com
Here’s a few more dog extension sales that you forgot to mention. 🙂
an.cc – $10k
shantou.cc January 2016 $ 3,550.00 USD Pheenix
hongkong.cc January 2016 $ 14,800.00 USD Guta
95678.cc January 2016 $ 3,774.00 USD Pheenix
jobs.cc January 2016 $ 6,532.00 USD Sedo
wjr.cc December 2015 $ 2,902.00 USD GoDaddy auction
c1.cc December 2015 $ 4,449.00 USD GoDaddy auction
mba.cc December 2015 $ 4,150.00 USD Pheenix
kjj.cc December 2015 $ 3,000.00 USD Pheenix
yeah.cc November 2015 $ 6,375.00 USD Pheenix
fly.cc October 2015 $ 5,003.00 USD Sedo
icon.cc September 2015 £ 2,200.00 GBP Sedo auction
coffee.cc
Steve – Hand picked sales from a sea of failures. We need a few thousand of those to wave the flag of victory.
I see my last comment didn’t make it through. Just trying to provide “facts”. 😉 Editing????
bkz dot cc is at $1600 at pheenix today and there is still 15 minutes to go. fact.
beianx and gugu are eating everything there.
Steve – Looks like you’re heavily vested in the Cocos Islands ccTLD. Good luck with your sales.