Quote from: MUFC on September 15, 2015, 01:02:08 PM

Quote from: coinableS on September 15, 2015, 12:32:58 PM

Quote from: ObscureBean on September 15, 2015, 07:46:48 AM

Recently I started buying and selling domain names and I think there is a lot of opportunities to make money there. You can register domain names using Bitcoin on Namecheap and it's super easy, just be careful not to get overenthusiastic, most domain names people buy and think are awesome are actually worthless. You need to do some research before you invest.

It also helps if you can put up a mini site or some content and start driving some traffic. Selling a domain that already has traffic is always worth more than a domain with just a "cool name". Obviously there are some exceptions, but finding a name that is highly desired by someone else is no easy trick.

Yeah I don't think there's much money to be made here unless you get really lucky and all the good ones are already taken. I see plenty of people trying to sell their domains asking ridic prices and nobody ever buys them. There's so many domain extensions these days that you can always just purchase a different one any way.

That is precisely why it's a good time to invest. The market is being flooded with new TLDs but those are very specific TLDs, for example a domain name ending with .help is immeasurably more descriptive and to the point than one ending with .com. For example, www.homework.help, is unique, changing the extension to something else just won't point to the same thing. Right now it is still possible to get one-word domain names with a lot of these new TLDs. Those might not be immediately valuable but in 5-10 years they are gonna be worth tons. You also need to be realistic with your prices, personally as long as I make more than what I originally paid for the domain I'm cool.

Quote from: lorylore on September 15, 2015, 11:10:43 AM

Quote from: ObscureBean on September 15, 2015, 07:46:48 AM

Recently I started buying and selling domain names and I think there is a lot of opportunities to make money there. You can register domain names using Bitcoin on Namecheap and it's super easy, just be careful not to get overenthusiastic, most domain names people buy and think are awesome are actually worthless. You need to do some research before you invest.

This seems very risky to me maybe that i haven't research a lot in domain fields.
Because you already invest for at least 1 year validity in that domain.
The best practice to make money maybe is to sell them in auction, right?

Yea auction is the best way to get the most out of your domain names, especially when you have good names. But setting buy now prices can also be a good way as long as you're not greedy. eBay is actually quite a popular market place for domain names.