Many of you know that i’ve been getting into domaining. I like playing around with domain names because it’s somewhat similar to what i do as my day job. Domain names are the virtual real estate of the web. Like real estate, they go up in value. Some domain names are listed for millions of dollars. I also like playing with domains because it reminds me of my youth. When i was a young kid, i used to collect baseball cards. I would buy Becket magazine and check to see if my cards went up or not. I had a pretty valuable collection of trading cards. When you’re buying domains, you have to be careful to not buy useless names. Don’t buy names that are too long and stay away from unpronounceable names. Lastly, if you want to make money online, you should only buy dot com domains.
Last week, they announced that they will set up dot whatever extensions. This caused quite a stir in the domain community, but it’ll blow over quick. The money that have been invested into dot coms won’t be in vain. The extension that matters is dot com. People only want to buy dot coms. All of the big sites are dot coms. Do you punch in myspace dot info to get your social network fix? Didn’t think so.
Domain registrars try to bait you into buying dot org or dot info domains. Sometimes, they’ll give you a heavy discount for the first year. Don’t fall it for noobies. If you register a dot info for 99 cents, you just lost 99 cents. When a year passes, you’ll have to spend ten bucks to renew that domain. Sadly, i’ve given up on all of my dot info domains. That’s why i’m giving them away. I don’t want to renew them. I’d rather pay the same price to renew a dot com.