A young man bought the domain name bimi.cn for 5,000 yuan, and sold it for 70,000 yuan four years later.

The domain name community is never short of wealth - creation stories. Today, we're talking about a young domain - name investor with the online alias "I know this". In 2020, through the "Micro Flash Auction" group on Aimai (a domain - name trading platform), he won the bid for the two - character pinyin domain name bimi.cn at a price of 5,000 yuan. He then paid successfully and completed the domain - name transfer. "I know this" said that he really liked this domain name and planned to build a website with it. After the website was built, it was operated for about one or two years, but he found that it didn't make money. Later, he casually listed the domain name for sale on a domain - name trading platform at a price of 88,000 yuan. Unexpectedly, just yesterday, he received an inquiry. The other party counter - offered 68,000 yuan. After some haggling, the transaction was finally completed at a price of 70,000 yuan. In four years, 5,000 yuan has turned into 70,000 yuan, a full 14 - fold increase. "I know this" said that he was quite satisfied with this price. He is a regular in the "Micro Flash Auction" group on Aimai. He often snaps up some domain names he likes in the group auctions and can mostly resell them at a higher price. The "Micro Flash Auction" is indeed a holy place for domain - name farmers to find good deals.