Using Google adword keywordtool question

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I typed my niche keyword in google keyword tool and it gave me 101 results, some marked "high", some "medium", and some "low". Should I simply choose any low or medium keyword and check if a domain is available and if so register and then start writing content for the key words? Then, get hosting, and install wordpress? I need your advice, willing to learn. Thanks.
#"content advice" #"getting started" #"keyword advice" #"keyword tool" #adword #google #keywordtool #question

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