In the domain name world there are a lot of investors and speculators. I was recently approached by somebody looking to invest a good deal of cash into purchasing several of my domain names. I could have walked away with high four figures but there was one thing that made me say no. This person was a middle man. He was looking to flip the domains in a year or so for a good profit, a profit that I also would not mind waiting for.

It’s all in how you play your game. If you are in it for the short game then a profit of a few thousand dollars might be what you are after. If you are patient and can hold out for the long run then chances are you will reap the rewards of your waiting. Why sell to an investor when you know good and well that he or she will be waiting a few years, or even less in many cases to find an end user to sell it to?

I have several domains that are almost 10 years old. I have plenty of opportunities to sell any of them for several thousand dollars in profit on a monthly basis. Why haven’t I sold yet? Simple. Selling a nice domain name is like fishing with 1 worm. Once you sell it that’s all you are going to get for it. Once you sell it there won’t be a “bigger fish” coming along later. That’s not to say that you should never sell your good domains, but, instead, at least wait until you are happy with the sale.