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When choosing a domain name, it depends on what type of website you're going to create. In my opinion, if you are going to create some type of e-commerce website, i would suggest a keyword rich domain such as bluewidgets.com. If a .com is not available try .net. But if you're just creating a "normal" website that you're not trying to make money off of, than i would just pick a domain that sounds unique and easy to remember.
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