Is bitcoin .coms the worst investment ever?

[bauer132017]

Hi there,

new to this stuff, I bought a couple bitcoin domains. mBTCinfo.com and Bitcoinfinancialinstitution.com, thinking this would be the greatest investment and be able to flip, but been sitting on godaddy auctions for now the second time around and barely any views and certainly no bids. Anyone have solid advice on how to get better exposure? and please dont say youtube, thats how I got the bright idea for domain flipping in the first place lol......any advice helps

Lost in the sea of .coms

 

[Johnn]

This is a typical situation for what I call "HYPE". The same thing happened to what we called "CHIP Names".
There are TOO MANY Bitcoin Names out there and there is not much demand so the rule "Supply and Demand applied".
I don't see a lot of potential in them so let them go if you make a profit.

 

[Johnn]

There are still some good names out there that will feed a lot of money but they are not easy to find.
Most of the names are newly registered which combine two-words and many times they don't make any sense.

 

[bauer132017]

I appreciate the advice. I definitely caught the bug domaining, only problem is my wife only let me spend $100 and now I have like 9-10 domains and need to sell these so I can keep buying. It is very addicting.

 

[Johnn]

Mistake #1
Let your wife know what you are doing.