Is custom Dating Sites still worth it?

LincolnXII

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Okay.
I recently started coding a small site as part of my training in PHP, CSS and MySQL, as I'll be taking my finals in webdesign in a couple of months.
As this is just a little personal side-project, I thought it would be nice if I could earn a couple of bucks while doing what I like the most - at least at this point in time.
As of right now, there's not much when it comes to features/functionality, as I'm mostly focusing on design. But, I'm getting quite satisfied with the design so far, and I really think it stands out compared to all the generic shit people are used to with the standard off-the-shelf CMS variant.

Now. Before I even started coding the site, I thought of a little niche that 'might' be of interest to some people without being 'Just another random dating portal'.
It is something loosely related to the following: Dating In Secrecy. Okay. Not close at all. But I really won't give it away just yet.
Using the well-known Keyword tool from Google to check whether or not I would get any traffic from searches alone, I found out that there's approximately 30k monthly searches with medium competition on the first "Keysentence" and 15k with low competition on the second (Second being just a slight variation of the first). Unfortunately a second variation will have to be used for the domain(Doesn't sound too bad though), as both 'keysentences' already have .com domains registered (One being used, the other being parked at a crazy price to take it over).
Both 'key.. - well, I guess it's still called keywords are made up of two words at about 13 characters - 15 for the second.

(Until today I thought the first keyword had a free domain, but that was a mistake. Fucking DNS trouble!)

My question is whether or not I should continue this little adventure with hopes of making a little income sometime in the future, or just leave it immediately to the saturated market.
I'm fairly new to this 'part of town', and would appreciate any input from experienced IM'ers. Bear in mind, that I haven't chosen a monetization technique as of yet, but had the following planned when I first started to work out this project: Ads -> Memberships (Removes ads) -> Flipping the bastard. Membership will be optional, and of course only be applied when I have something truly worth/exclusive paying for in favor for free membership..
 
the market is overwhelmed with dating sites but that doesn't mean that you can't have success! I think you should keep working on the site and develop some unique features that other sites don't have. also a niche would be successful - how about dating for old people, disabled people or old vs young? just some random thoughts ...

your main concern should be: how will you get at least 500 people on the site? nobody signs up to a dating site with an inactive fanbase. you need active people, maybe have to pay them in the beginning.

but after all, I think you can do it!
 
Thanks for your reply.
I'm sure there are waay too many dating sites for a 'normal' one to be proper profitable, that's why I'm hoping the 'micro-niche' will do better.
What I really need to know, is whether the search volume is enough for it to be worth it.
No matter what I'm finishing what I started, when the system itself is done, it can be used for anything - not just dating.
 
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