Looking For WordPress Advice….

I have had the thought in the past to take my fiction page and convert it to its own domain name, thereby giving me the ability to monetize it and earn some paltry (almost spelled it poultry.. but not much difference either way) income from my writings. Curious, has anyone else done this and what are the pros and cons to such an endeavour?

Also, any hints, tips or tricks to the process would be greatly appreciated.

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