If you are thinking about getting into domaining, this post from domainbits has put together quotes from several top domaining experts.

One of my favorite quotes is from Mark Fulton of DotSauce:

“I believe the most important tip that I would give to any beginning Domainer would have to be “Sell, sell and sell some more!” I believe many people in this industry place too much emphasis on the “priceless” value of their domains. Beginners need to focus on making a profit from buying or registering domain names for cheap and re-selling them at a reasonable profit. It is essential to go through the process of registering and re-selling a decent quality domain a few times. Each sale is a unique learning experience.”

Great advice, don’t go out on a registration binge without buying a few and selling a few. It’s great practice. Just like don’t run 8 miles until you’ve run a couple of them a couple of times. Domaining has an addictive element, and it is way too easy to go overboard.

Some other advice talks about having a domain budget each month, and once you hit that budget, make yourself stop, even if you find a good one. There are a ton of great snippets of domaining advice to be found in the post from domainbits, it’s a great read.