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Are You A Domain Hoarder?

Posted On Wednesday, January 5, 2011

First and foremost I am not deliberately trying to offend anyone with this post.  Secondly, if you take offence to this post then you most likely are a domain hoarder in denial and it is time to get some psychological and organizational help.  Third, you can blame my Netflix Internet account for this post.  If it weren’t for Netflix making this series available I would of never thought to write anything of this nature.

During my tenure as a domainer I have noticed a few interesting breeds.  There are those who talk, flip, develop, collect and unfortunately hoard!  Although this post is about the domain hoarder it is important to understand what the other classifications mean:

Talking Breed

Be very weary as this domainer type can be found almost anywhere.  They are considered to be the ones that supposedly know anything and everything there is about domaining, but have nothing to show for it.  As we all know action speaks louder than words and they have failed to perform in all facades of domaining.

Domain Flippers

They want the money and they want it now.  They were hooked into the domaining industry after they sold there first batch of domain names.  During this short period of time they earned more money then they would of earned working a nine to five for several months.  Its addicting and just like flipping houses or being a day trader you can reap benefits fairly quick although this type of domainer can lose money just as quickly as it was earned.

Domain Developer

Normal the smartest of all domainer types!  They always have an underlining reason for registering a domain name.  They understand that each domain name poses a certain risk and benefit.  The main benefit in there mind is unlocked once a domain name is taken through the different phases of development.  A domain developer is always thinking one step ahead of everyone else, but sometimes they take one step backwards by trying to do everything themselves.  This causes for projects not to be finished and for costs to accumulate.  Once this domainer masters the art of development they will reap the hefty rewards.

Domain Collector

They are in the game because they enjoy registering domain names.  There really isn’t much of a game plan for them.  They understand that domain names are worth money, so why not collect a few of them and build out a well rounded portfolio.  Similar to the days of trading baseball and basketball cards or even POGS this collector specializes in virtual assets.  Although they don’t necessarily want to sell it is in the back of there minds at all times and they do understand that what they are sitting on is valuable.

Now that you understand the types which all tend to have there positives and negatives, lets talk about the Domain Hoarder!

Domain Hoarders don’t even really care about the domaining industry.  They enjoy the thrill of registering a domain name.  Its that feeling which they look forward to every time a domain registration is made.  This thrill is so addictive that the domain hoarder will actually do almost anything to get it.  Domain hoarders tend to put themselves at risk financially by trying to register more domain names then they can afford.  They have no plan for selling them although they are approached by potential buyers time and time again.  The only problem is they have an issue with letting go of domain names even if the names are at risk of expiring.  They can’t bare to see someone else owning or utilizing there domain name.  Its an insecurity which normally tends to widen every time a new domain name is registered.

I can go on for several more paragraphs describing this type of domainer, but before you laugh please realize there are several of these types of people in this industry.  They have put themselves and there families at risk jeopardizing the chance of having any sort of positive future.  Just as gamblers have addictions domain hoarding is definitely an addiction and should be treated as such.  If you are a domain hoarder then please kick the habit by trying to let go of just one domain name.  Yes, start with one and then once you make that leap you might just be able to let go a few more.  Don’t worry about the price or what the domain name will be used for.  Learn to detach yourself from the domain names you have hoarded and you’ll be amazed at how good you will feel!

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6 Comments so far
  1. Comment by ian

    January 6, 2011 12:27 am

    I have always considered myself a domain developer, but in some ways I have likened myself to coin and stamp collectors, I dont have to make a profit out of every domain I acquire. and it is fun.

    [Reply]

  2. Comment by ValueDrops.com

    January 6, 2011 10:34 am

    good explanation, but also some people are combination of these things, like myself. I’m a developer, like to flip domains, also like to hold some :)

    [Reply]

  3. Comment by chris

    January 6, 2011 10:41 am

    The domain world is very different that collecting cards – most of the rare cars still have a production number – say 500 or 10 etc – with domains there is only 1 – thats it. There are other extensions but for the most part .com will generate the most $$.

    This must be a serious issue since I have never seen or heard about anyone being that addicted to domains that they would risk everything for a domain..

    Maybe well see a domain “intervention” special on tv

    I consider myself a mix of a flipper/developer. Hell aren’t most of us?
    I am def not a hoarder – Id actually like to make some money not just have domains build up virtual dust

    good post

    [Reply]

  4. Comment by jeremy

    January 6, 2011 5:41 pm

    i like it

    [Reply]

  5. Comment by Jason

    January 6, 2011 6:54 pm

    @ian that makes perfect sense, realize that many of us can be categorized into different categories. The main point of the post was to focus on domain hoarders and why it is a bad habit to have. I completely agree with you and in the end it is fun.

    [Reply]

  6. Comment by Jason

    January 6, 2011 6:54 pm

    @ValueDrops.com very true and thanks for the comment I had fun writing the entry. :)

    [Reply]

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