Dreaming to sell your domain for millions?

| Total Words: 553

Each and everyday you hear stories about some name getting thousands of dollars from the buyer. You also jump right into the game of domaining and hope for that lucky day to arrive when someone might get interested in your domain name. Right?

The main problem with newbies over here is that they do very less research and start spending their money on useless names. After 6 months or a year their moral goes down the drain and they are back where they were but with lighter pockets then before.

Some people get into the trademark mess. They get sued by trademark holding company and then they show their temper openly on forums and other message boards.

Some can’t even monetize their domains to get the renewal fees for the upcoming period.

If you have 4 or 5 domains then you can surely shed the amount from your own pocket. But when the figure goes around 100’s and 1000’s it is very hard to renew the domains for the future.

My advice to newbies would be to stick at 25 to 50 domains. They can earn for 10 or 20 renewals per year if your names are below average. Some domain might get you more revenue and it can fill the gap for you....

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