Do you feel you can make money buying domain names? I have thought about this as a way to make money and while many people do make money buying domain names, they are normally very skilled at doing the absolutely vital research required before you can make money buying domain names. These individuals are familiar with domain name auctions and how these domain name auctions work. The people who make money buying domain names also normally have the financial resources to develop the domain name into a more valuable asset they can then re-sell individually or they combine the developed domain name with a network of other developed domains and sell this as a package.

Other people who make money buying domain names are big time domain name investors who have portfolios of thousands of domain names. They buy huge numbers of domain names and then hold onto them until they feel the demand for domain names has reached a point they can begin to sell part or all of their portfolio of domain names. Unless you are very familiar and skilled with the buying and selling of domain names, you are basically rolling the dice in the hope you hit on a winner.