The odds are 95 percent of higher that your first round of names that you buy will be duds. Either that, or you will get the worst of it going up against an experienced domainer. This will cost you hundreds, if not thousands of dollars, and when you get in the hole like that, you may then fall victim to the alternate extension scams, that even experienced domainers will peddle. When it comes to taking your money, even CEO's of corporations are scammers, like Overstock.com CEO Patrick Byrne, who allowed himself to get bribed by the .Co registry and helped slaughter newbies with that dogcrap entention for a while. Now, he is on to a new pump and dump called Bitcoin, where he is drawing attention to himself by allowing bitcoin for his site. He is doing this for one reason, and one reason only, and that is to get FREE national advertising because he knows that bitcoin is in the news. Bitcoin is flawed because there is ZERO recourse if you get scammed. None of the cult like followers EVER mention that. You are at RISK every time you send someone bitcoin. They can tell you to go to hell, and have fun suing them or getting your money back....lol.
So, you have to be aware of the motives of the people trying to sell you something. My record is 100 percent in outing scammers. But back to the original reason for this post. Below is what I suggest. This is a PM I sent to someone who send me a list of not so good names.
Thanks for sending the list. I thing you should take a break and just read forums for 6 months. Pay attention to names that get sold, not names that are listed. Browse threads and when you see someone posting sold, write down the name and the amount. Build that list to 100 and always review it while you are building it. When you are done you will know more than most, as you will have the knowledge of what types of names sell. Take a break and save your money. I registered worse names when I started. It is tough to not get excited, but you aren't on the right track yet, but you will be soon if you follow my plan.
At the very least, slow down a bit. I actually spent $400 on a group of 5 names from another new domainer last week. He is relatively new, as well. He had a list of about 40 names. I think that I got the 5 that were worth registering, and they were actually pretty good. But the others were not even worth reg fee. So, whatever he did to come up with those 5 that I bought, he should keep doing. I don't think that he hand-regged them. The odds of a newbie coming out of nowhere and being to able hand register names that are available that are worth registering are as close to zero as you can get. It is almost a mathematical impossibility to be a success that way. There is usually a reason that those names are available to register. Don't try to reinvent the wheel. You must learn what types of names get sold before you can hand register names.
In the first few months of domaining you want to read. You will start to get what is going on. You must stick with dotcom. The odds are essentially zero that a new domainer can wake up one day, decide to get into domains, and be successful registering names that aren't dotcom. Don't fall victim to celebrated domainers, who are legends in domaining, announcing their scam extensions and doing publicity stunts to make you think that a new extension is worthwhile. There are ZERO documented cases of these LEGENDS OF DOMAINING ever selling a domain to a forum person or newbie domainer where the buyer got a good deal. This goes back a decade, and NOT ONE TIME did one of these known domainers EVER help out someone starting out by selling them a good name at a fair price. People used to always wonder how these guys were spending thousands on crap names at auction, but would NEVER buy a name from a regular guy on a forum. Of course, the auctions turned out to be fraudulent, with shill bidders, and likely kickbacks, and who knows if they paid the full price when the guy running the biggest auction was an admitted fraudster.
So, if there are zero examples of BIG TIME domainers EVER selling a newbie or regular forum person a good to great name at a fair price, and there are ZERO cases of a BIG TIME domainer EVER buying a name from a newbie at a great price, then that should tell you something.
There are plenty of decent names floating around that have value, but you have to be savvy, and that comes from experience, and I suggest that you should do as much reading as possible, and show restraint buying and registering names when you first start out. At least give it a month before you go crazy buying. You can buy a few names, but ease into the buying, because 99 percent of all domainers started out buying worthless names. For some, it only lasted a few weeks until they figured it out, but most everyone makes terrible buys at the very beginning.
WhoDatDog
So, you have to be aware of the motives of the people trying to sell you something. My record is 100 percent in outing scammers. But back to the original reason for this post. Below is what I suggest. This is a PM I sent to someone who send me a list of not so good names.
Thanks for sending the list. I thing you should take a break and just read forums for 6 months. Pay attention to names that get sold, not names that are listed. Browse threads and when you see someone posting sold, write down the name and the amount. Build that list to 100 and always review it while you are building it. When you are done you will know more than most, as you will have the knowledge of what types of names sell. Take a break and save your money. I registered worse names when I started. It is tough to not get excited, but you aren't on the right track yet, but you will be soon if you follow my plan.
At the very least, slow down a bit. I actually spent $400 on a group of 5 names from another new domainer last week. He is relatively new, as well. He had a list of about 40 names. I think that I got the 5 that were worth registering, and they were actually pretty good. But the others were not even worth reg fee. So, whatever he did to come up with those 5 that I bought, he should keep doing. I don't think that he hand-regged them. The odds of a newbie coming out of nowhere and being to able hand register names that are available that are worth registering are as close to zero as you can get. It is almost a mathematical impossibility to be a success that way. There is usually a reason that those names are available to register. Don't try to reinvent the wheel. You must learn what types of names get sold before you can hand register names.
In the first few months of domaining you want to read. You will start to get what is going on. You must stick with dotcom. The odds are essentially zero that a new domainer can wake up one day, decide to get into domains, and be successful registering names that aren't dotcom. Don't fall victim to celebrated domainers, who are legends in domaining, announcing their scam extensions and doing publicity stunts to make you think that a new extension is worthwhile. There are ZERO documented cases of these LEGENDS OF DOMAINING ever selling a domain to a forum person or newbie domainer where the buyer got a good deal. This goes back a decade, and NOT ONE TIME did one of these known domainers EVER help out someone starting out by selling them a good name at a fair price. People used to always wonder how these guys were spending thousands on crap names at auction, but would NEVER buy a name from a regular guy on a forum. Of course, the auctions turned out to be fraudulent, with shill bidders, and likely kickbacks, and who knows if they paid the full price when the guy running the biggest auction was an admitted fraudster.
So, if there are zero examples of BIG TIME domainers EVER selling a newbie or regular forum person a good to great name at a fair price, and there are ZERO cases of a BIG TIME domainer EVER buying a name from a newbie at a great price, then that should tell you something.
There are plenty of decent names floating around that have value, but you have to be savvy, and that comes from experience, and I suggest that you should do as much reading as possible, and show restraint buying and registering names when you first start out. At least give it a month before you go crazy buying. You can buy a few names, but ease into the buying, because 99 percent of all domainers started out buying worthless names. For some, it only lasted a few weeks until they figured it out, but most everyone makes terrible buys at the very beginning.
WhoDatDog