Risk: Moderate

Domain flipping involves buying and selling domain names for a profit. This side hustle can be risky for beginners starting from scratch, especially if they can't afford to lose money. Potential losses include the money spent on purchasing domains, time invested in researching and listing domains, energy spent on marketing efforts, and potential loss of confidence if unsuccessful. Beginners often spend money on domains but may struggle to sell them for a profit. There are startup costs for purchasing domain names that might not pay off if the domains don't attract buyers. Online discussions highlight instances of people failing to recoup their investments in domain flipping.