Rock Bottom Domaining: Keep Our Heads Up and Stay Postive

“Rock bottom domaining” means that the domain industry’s economy is basically at rock bottom, it’s at an extremely low point. At this point, I wouldn’t hesitate to say our domaining industry’s economy is either close to, or at rock bottom. But this article isn’t about focusing on the negatives, but instead is about focusing on keeping our heads up.

I had a very interesting week this week. When I listed a few of my domains for sale on the forums, I got no offers. Along with my domains, I listed my one of my blogs, and got only one close-to-regular-fee offer. The market is just totally dried up. And I think others agree with me on that particular point. There is a lot of supply, and too little demand.

The one thing that people need to realize is that a lot of the investments or choices you make will work out for you in the long run if they don’t work out for you in the short run. One thing I have learned over my years not only in the online industry, but the stock market as well is that most markets tend to fluctuate. And I believe that’s what happening to our domain industry now. Many months ago, the domain industry’s market was at a high point, while now it’s at rock bottom. But don’t only focus on the recession our industry is in because it will eventually go back up, because as I said, markets DO fluctuate!

I like to compare domaining to the stock market, especially because this makes the perfect example for examples of fluctuation. The stock market crashed last week and went down 777 points. But today, it shot back up over 900 points, the biggest rise we have ever seen in history. So like the stock market, the domain industry will have it’s hard times like we are currently experiences, but it will bounce back up at some point in the future.

My suggestion for you is to not freak out at this point. Some people, especially in the stock market will freak out, and start selling all their things for any penny they can get. But those are the people who most of the time lose money. So in my opinion, I would say at this point, hold onto your domains. If anything, buy more domains while the prices are so low. And then when the fluctuation of the market kicks back in, and the domain industry’s economy goes back to a high point, sell your domains and make tons of profit.

DNUnderground viewers and I would love to hear any comments you have on our domain industry’s economy, and staying positive. So please, comment any questions, feelings, or ideas that you have about this subject.

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