Morgan Linton says he doesn't really see what the fuss is about 6N domain names in this short post. He asks will investors be able to recoup their (inflated??) prices down the line?
I understand where he's coming from... and I have 7N and 8N domains in my portfolio, with four 8s and five 8s respectively. I bought them purely for the 8s - and I'm doubtful if I'll see a 'great' sale price.
It makes me ask, again, if too many domainers get caught up in the hype?? We all like to think we are level-headed and shrewd but when it comes to selling numerics (to Chinese buyers), are we really able to understand the market?? Only time will tell.
As always with Morgan's posts, the comments are really interesting and great to read or get involved in.
Great post over on domainingtips.com looking at the difficulties new domain investors face with fluctuating (Chinese market) prices and divided opinions.
A few good points are raised here. Many investors refuse to accept they may be wrong with their purchases and strategies and strongly defend their ways.
New investors must be torn in two. They don't know who to trust or believe and that could prove costly.
The Chinese market is, in my eyes, far too volatile now and the hype is too easy to get caught up in.
I'm holding what I have and steering clear of any Chinese market names for now.
Read on the link below.