When to sell a Domain?

[LorenzoLD]

Hi everyone,

I purchased a domain a little while after losing it at auction for 17 Dollars, and the buyer put it up for sale at 1000usd days later. So I purchased it for 550usd.
It is a short generic sports related .com domain with a dash inbetween the words and about 5 years of domain ageing.

Never been used for a spam site or any site for that matter.
I am not sure I will get around to using it for years now so was considering selling it but wanted to know if I was jumping the gun and should wait some years to sell it for more.
What's everyones views?

 

[GringoMonkey]

Can i just clarify.

You lost out to a $17 bid at a domain auction.

Winner then sold it to you for $550.

You had no specific purpose for the website but bought it.

Now you dont want it?

 

[MisterF]

Never been used for any site ? "Never been used for a spam site or any site for that matter."

It's only 5 years old, so how on Earth did it get to be valued at $1k or even $550 ?

 

[johnny4k]

Man u wasted your time n money, not worth of 550$

 

[Alex D.]

I purchased a domain a little while after losing it at auction for 17 Dollars, and the buyer put it up for sale at 1000usd days later. So I purchased it for 550usd.

You fucked it up really bad, now you won't be able to get even $20 from it.

 

[zerkamaz]

Man, the name is dashed. What's the purpose of buying it, and why you buy it? Just because you like its name?

 

[mmsimi900]

Hello

You fucked it up really bad, now you won't be able to get even $20 from it.

, I have this domain, Coinsteer.com , Kindly help appraise

 

[Nut-Nights]

OP wait next summer to sell that shit.

 

[LorenzoLD]

Cheers for the feedback guys. I did have an intention for the site, closely linked to the domain name as an affiliate site but was thinking of selling. Will probably keep it and do the site I intended on.