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Overlooked Money System idea, is buying cheap to carry domain names an intelligent risk?
And by Intelligent, you have a strategy like: You buy & hold domain names that aren't taken - a few four/five letter dotcoms, some .coms with african words & south asian words for common things (you anticipate the rise of the african & india/pakastani middle class), domains for international events 3-4 decades into the future (e.g. 2052olympics.com), and some 3 syllable words for coming megatrends (like looptickets.com or NotByAI.com).
Buy them cheap, hold them cheap. It should only take one four-figure deal to cover a decades worth of carrying costs of your domain names. One five-figure deal to make profit and get all your seed money back, and payback the initial time investment, even 10 years down the road. Close a six- or seven figure domain sale and you've hit a jackpot (six and seven figure domain sales today are once in a blue moon).
Scale this to carry thousands of domains for the same cost as holding 100 of them through a name server (run your own hosting server?).
Long-game Domain Flipping, what fake gurus preach as a get rich easy scheme to sidewalkers could be an intelligent risk component of your fastlane money system, provided the long EV is lucrative.
And by Intelligent, you have a strategy like: You buy & hold domain names that aren't taken - a few four/five letter dotcoms, some .coms with african words & south asian words for common things (you anticipate the rise of the african & india/pakastani middle class), domains for international events 3-4 decades into the future (e.g. 2052olympics.com), and some 3 syllable words for coming megatrends (like looptickets.com or NotByAI.com).
Buy them cheap, hold them cheap. It should only take one four-figure deal to cover a decades worth of carrying costs of your domain names. One five-figure deal to make profit and get all your seed money back, and payback the initial time investment, even 10 years down the road. Close a six- or seven figure domain sale and you've hit a jackpot (six and seven figure domain sales today are once in a blue moon).
Scale this to carry thousands of domains for the same cost as holding 100 of them through a name server (run your own hosting server?).
Long-game Domain Flipping, what fake gurus preach as a get rich easy scheme to sidewalkers could be an intelligent risk component of your fastlane money system, provided the long EV is lucrative.
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