Over the last few weeks, Rick Schwartz has fallen beyond head over heels in love with Twitter.
While his blog has long been silent without new posts, there is no commentary shortage via his @DomainKing Twitter account.
Of course, I follow Rick’s antics, thoughts, spats, and other rare dispositions relating to business and domaining. The following tweet captured my attention and spawned this very post.
As I delve into the commentary of replies and rebuttals from Rick’s statement, I come across an intriguing back-and-forth between Rick and Elliot Silver (@DInvesting / DomainInvesting.com).
@DomainKing @thedomains In the last 10 years, how many times have you bought a $2,500 domain name and turned down or sold for $100k+ cash?
— Elliot Silver (@DInvesting) March 27, 2017
Elliot’s question got me thinking about what it would be like to have no domain investing experience and start from ground zero today.
After all, all the good domains are taken, right? I mean, is it possible to purchase domains at hand-registration fee or up to $2,500 and sell the domains for $100K+?
The short answers are “No” and “Yes” respectively.
It is possible to purchase domains at hand-registration fee or up to $2,500 TODAY and sell the domains for $100K+ DECADES later.
But how and how can you make such a claim? Well, that’s what we’re here to debate.