By 
Domain trading is the buying and selling of domain names and it is a business that has been around for many years. It promises a high return on investment, but it can be very risky. You can turn $25 into $450 or more in no time, and you can buy a domain name without ever selling it. It is interesting terrain to navigate. If you want to make money in this business, you need to get as much information as possible in order to be successful.
One of the benefits of this business is that you only need to register or buy a domain name and not necessarily develop it or drive traffic to it. You don’t even need to put any content. He just owns the domain, that’s all. You may be wondering where and how to buy domains. You have two options to choose from and you can use both. The first option is to register through registrars and this is known as the primary market. Major registrars include GoDaddy, NameCheap, iPage, 1and1, Dynadot, etc. Registration pricing varies from registrar to registrar and there may be additional products added by each registrar.
The second option is to buy an already registered name and this is known as the secondary market. Examples of secondary markets are Sedo, GoDaddy, Flippa, Afternic, just to name a few. The price in the secondary market is a bit high and is determined by many factors such as age, category, number or words, name valuation and many other factors. However, it is important to note that a domain is renewable every year and you should factor this into your plan when making buying and selling decisions.
Also, choosing the right domain name is very important for your success in this business. You are not limited to buying a name that comes to your mind. It does not work like that. This is not about gambling and you need to be able to identify marketable names. You can visit news sites like TheDomains, Domaining, DomainInvesting, etc., to find out about the latest trends in the market. It’s not easy to predict a name that will sell, but by familiarizing yourself with industry information, you’ll be in a better position to make the right choice. Usually the best names are short, easy to remember, easy to spell, easy to pronounce, etc.