Post
Topic
Board Bitcoin Discussion
Re: Methods of growing your Bitcoin?
by
lorylore
on 19/09/2015, 13:10:02 UTC
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?
If Sell using auction way still give you profit, i'm not sure about this business and how to know anyone will buy that's domain name

Well this is really a tricky business, you need to research a lot to find what people would buy.
There are many free domains to pick and mostly dictionary words, any similar company name that's what people would buy.
But in the beginning you should invest at least to pay the fee for 1 year to own the domain name, but still brings you profit.