Someone reached out to me on Twitter seeking advice for selling domain names. In a short tweet thread, I shared a few thoughts and resources that a new domain investor could use to learn about domain investing.
I shared the tweet thread below so others can see, and I welcome visitors to share some good resources for a new domain investor. I am not monitoring comments much right now, so it may take a bit of time for comments to be approved.
The thing that I think helps me the most, even now, is closely watching domain name sales while observing the domain names companies and startups are using and buying. Understanding what is selling, to whom, why, and for how much, helps me buy and sell domain names.
For any person wanting to make money from domain name investing, it is important to understand this isn’t an easy business nor is it a quick way to riches. In fact, I think there is a steep learning curve that can be quite costly.
While I can’t personally guide you, I can tell you domain investing and domain name sales isn’t easy and can take a lot of time and money to master.
Some advice I would give a new investor would be to read as much as you can about domain names on @NamePros and Twitter,
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— Elliot Silver (@DInvesting) February 20, 2023
follow sales reports on @NameBio and @DNJournal, keep up with news via @DomainingCom, look into an educational program like @DNAcademy, and some investors like @ysolanky and @DarrylLopes wrote ebooks that could offer additional insights.
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— Elliot Silver (@DInvesting) February 20, 2023
There are many ways to make money with domain names, but there are also many ways to lose money. There can be a steep learning curve, so read as much about domain investing from many different sources to learn.
Good luck on your investments. Hope you do well.
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— Elliot Silver (@DInvesting) February 20, 2023
Want to learn how to sell domains? 1. Learn how to identify and buy domains other people want. 2. Master #1.
Learn it from me….aka BullS- real practical life experiences…no BS