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In today's era of rapid economic development, people's investment concepts are becoming stronger, their investment horizons are expanding, and their investment choices are diverse.
In today's era of rapid economic development, people's investment concepts are becoming stronger, their investment horizons are expanding, and their investment choices are diverse. Stocks, funds, collections, antiques, real estate, and social security—all these have been popular investment choices. In recent years, there has been a rising star in the world of investments: domain name investment. Regardless of what you invest in, the most important aspects for investors are their mentality and vision.
First, maintaining a positive mentality is crucial.
According to the professional, Su Jinbin, your mentality determines your success or failure. This may sound somewhat broad, but upon closer examination, it holds true. Your mentality determines your actions, and your actions determine the results. Therefore, just like any other investors, domain name investors need to maintain a positive mindset.
1. Don't force things. Since you've already invested, let things unfold naturally, stay calm, and relax. Look for opportunities and seize them. As long as you put in the effort, the outcome will always be the best.
2. Don't fight against the market. Understand the market, adapt to it, and then conquer it. Don't try to change the market, don't be the market's adversary. The market has its own rules of operation, and it will exist the same way whether you're in it or not.
3. Don't speculate. Your experiences and judgments are subjective and can't determine or alter the objective reality. The objective factors include prices, trends, and development directions. Only when you grasp these market dynamics can you navigate the market with ease.
4. Don't be impatient. All investments involve uncertainty, and in the world of investments, money can make money, or it can be lost. Money is just a tool. Be willing to accept wins and losses, and acknowledge that losing is part of the game. Losing money is also a form of return; accumulating experience and learning from mistakes are equally important. They will help you proceed more safely.
Second, having accurate vision is essential.
Achieving 100% accuracy in investments is impossible, but striving for as much accuracy as possible is crucial. This requires expertise and the ability to make reasonably accurate judgments, and domain name investment is no different.
What is the use of this domain name? What type of buyer might purchase it? Would you be interested in this domain name if you were building a website yourself? Domain name investors need to answer these questions before registering a domain name. This is also known as empathy and role reversal. You need to convince yourself before you can convince others. If you find the domain name uninteresting yourself, then it's probably not worth it.
You also need the ability to accurately assess the potential of an industry, based on the experiences of veteran domain names investors. This involves identifying industries with promising future markets and making investments accordingly.
Lastly, practice sound financial management by keeping your assets in check and not letting surface phenomena distract you.
In summary, a domain name is like a website's face. Just as people remember and have positive feelings about faces that leave a deep and good impression in real life, the same applies to domain names. The value of a domain name is rooted in this principle. Domain name investors, make sure your domain name has a "high aesthetic value" face.
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