Recently I have been little busy with work and you might see less action from me coming week. In addition to that - I decided to run after some domains for investment and actively looking for good domain names.

To start off with, I started looking for domain names that are 1 word, 2 word or LLLL or 5Ls. I have done good enough study to figure out valuable domain names recently after I bought my first domain for investment.

I am planning to hold these domain names for 2-3 years, develop the websites with these domain names if possible and sell them off.

Recently I bought these domain names soxs.org, iYolk.com from BQB.com (and there are some more LLLL, 5L domain names I recently bought - once they are transferred to my account, I would mention them here). The reason to buy from this new domain trading website is it’s specifically developed for short domain names fall in 2 character, 3 character, LLLL.com, 5L.com or one word domain names. Since I joined there in last couple of weeks, I bought these two domain names and I am planning to buy few more. I am sure you would get some good domain names there from $5 to $20.

If you are registering with BQB.com, please mention “lifeiscolourful” in “Referred By:” field if you don’t mind. There is no referral program as such at this moment but good to send them some of my readers as I was been sent by someone to make money online.

Keep in mind, BQB is a Private Marketplace for Serious Domainers - so not everyone who applies will be approved.

“The easiest way to get approved would be to send username: “Reece” a private message on Namepros or DN Forum after having completed your application form (don’t forget to let me know that DotSauce referred you!)” - Reece, BQB Founder

So what you can do with the domain names you bought. You can either sell them off within few months for better price. The domain that are bought for $10 can go upto $20 to $50 if marketed well. That’s almost 200% to 400% profit dude! If you deal with 1-2 domain names, the profit might not look huge, but imagine trading in 10s of domain names initially. I think I have already bought around 5-6 domain names in last week, and will buy 20 more in coming weeks.

You can use services like Whypark to park you domain names as well as present it as a running website. Believe me, my websites parked with them last year had received backlinks for the articles out there and PR3 as well. Anyways, that’s a good place to park your domain names and keep them running with relevant articles as content until you get time to develop the website fully. That would also help you sell your domain names for higher price later. Check out my recently bought website peecy.com, I parked with Whypark.com.

I will keep on updating you on hows going with my domain name buying spree, stay tuned.