LLLL.com Price Fluctuation

April 4, 2008 by DNBuff 

Feeling a lot better now and am eager to get going once again. Firstly, I got interviewed by Michael of Domain Magnate, so just follow the link to read the interview. Hopefully, you enjoy reading it :)

On a more serious note, the dip in the prices of the low-grade LLLL.com’s has created ripples of fear in the domaining scene as many people saw this as an opportunity to gain quick profits and now that the prices have begun getting “corrected” they are desperate to ditch their domains.

Reece of 4letternoob.com has some really good insights in regards to this and I strongly urge you to check his blog out. I myself am a holder of 20 odd “lower-quality” LLLL.com’s but frankly speaking, I knew this was going to happen sooner or later. This is the time that most speculators will be ditching their domains and this provides the ideal opportunity for others like myself to pick these up for cheap.

So much so, that I’ve finally decided to ditch a dozen triple premiums and invest in a couple of quad premiums. I feel it’s always better to spread my risks rather than consolidate all my assets (LLLL.com’s in this case :p) in the same place. Who knows, maybe quad premiums will be the next ones to take a dip, so it might be wise to retain at least 10 or so triple premiums to be on the safe side.

Feel free to comment and tell me what you think of this current situation.

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