Remember when the new gTLDs — general top-level domains — came on the scene nearly a decade or so ago, and how they were going to be the nail in the coffin for legacy domain extensions — .com, .org, .net?
Well, that didn’t happen. However, what did happen was that quite a few people lost hundreds and thousands of dollars gambling that they would.
Extensions like .vip, .rentals, .forsale, .realestate, and the list go on as long as a hot summer day in the desert.
Now, this is not to say that profitable success hasn’t been realized along the way. It has but by very few people, both buying and selling new gTLDS.