When you receive a renewal notice for your Domain Names there are a few questions to ask yourself before letting the domains expire
Will I use this Domain Name again?
Nobody likes to pay for something they are not using. But domain names are different. Domain names are completely unique
Could It Be Worth Money to Someone Else?
Millions of dollars worth of pre registered domain names are bought and sold each month
What if someone else owned it?
This is probably the most important question. You may decide you will never use that domain
People are standing by waiting to snap up domain names that expire
They often use algorithms to determine which domains to re-register when they expire, and this could include a domain that had meaning to you. They will then try to resell the domain and will put ads on the website while they wait to resell it