Its all about planning your strategies. If you pick the right niche and you make a proper assessment of your competition, you may well be able to bank. Niches where people like interacting and exchanging of ideas tend to work best for community sites.
SEO tools would misguide you when giving keyword competition, though they may be able to give you a rough idea. Use different ones instead of relying upon a single one so you can see what different backlinks sources reveal.
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