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Are domain names a hot commodity?

Sunday, 19-Feb-2017 | JOEUSA.com

Make millions by trading domain names

Long gone are the days when shares were the only thing that used to be sold in order to make a sudden, but substantial financial gain in the business world.

With everything revolving around the internet, domain names are the new hot commodity and reselling them at ridiculous prices has earned some people a hefty income, as they’ve learned to ride the hype waves very well.

An emerging group of young leaders

In recent years, numerous sites for domain trading have appeared where people can flip domain names and earn an astonishing amount of money, in a matter of weeks. Although the trend is new, it has taken over the entire North American continent, especially in the Silicon Valley – the seat of the world’s technological development. Experts and people in the business credit patience, calculated risk-taking and effort as the biggest contributors to success.

Take, for example, the recent news of a student at Ohio State, who founded a startup company with his professors and they made $500.000 in the domain name trade in only three months! There has been a wave of ambitious people looking to make their name in the domain trading business. A less risky and relatively unknown profession, that is yet to reach its full potential. Grossing million has become common if you venture into the world of domain name trading.

How and where to start

In order to establish a good starting position and slowly gain ground, you have to invest in seemingly ordinary domain names that have the potential to be of use to a company. Companies either use them for their own endeavors or sell them further. Google, IBM, HP and many others are active in the business of trading small domain names from independent contractors. You could be their next client!

The main area of trading should be the US market, as they express the most interested in venturing into this unknown area of business. It’s similar to a stock exchange – the prices are fluctuating and you can go from top to bottom, or vice-versa, in a matter of hours. The business is booming because more and more start-up companies opt to buy domain names. It guarantees them uniqueness, exclusive rights and better search results on popular search engines like Google.

A bright future

Domain trading won’t be only an independent venture for much longer. Many leaders and economists urge the world’s stock exchanges to create proper exchanged that will be designed only for the domain market. This should be extremely good news for you, as the opportunity to earn some extra cash has never been closer – with or without a stock broker.

No need to hesitate

To sum up, the future has never been brighter and you could be an integral part of the next big thing. The only tools you need are fearlessness, patience, and willpower. You can start off with something simple and not so lucrative, to get a feel for the game.

As your revenue rises slowly, more expensive domain names will come up as an option and you can expand your area of influence to a size you couldn’t have even imagined before. Hesitation, however, is your arch-nemesis in this profession

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