news FTA.com Sold for $400,000 by Kinsch Shane

[Siful Moni]

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The domain was purchased at $70 in 1999 and Sold for $400K in 2021. This is an insane ROI in 22 years of patience.
No doubt still Domain names are the best secure asset class.

 

[kevinthomppsonn]

That is huge!! Kudos to the domain holder for waiting for so long to get the perfect money for the domain.

 

[dominator]

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The domain was purchased at $70 in 1999 and Sold for $400K in 2021.

This domain was not purchased in 1999.
This domain was registered in 1999
and $70 was the standard registration fee for the first two years, i.e. $35 per year.

Thousands of other domains were registered at the same time and expired, because nobody needed them. And they also paid the same fee.