This is a business idea made by many entrepreneurs on their online time. It can be high profitably as many people sell things underrated in the intention of getting faster rid of it or just make some quick bucks. All you need to do is to find these opportunities and use them on your advantage.
Even here you need to use a niche. Because there are so many possible items that can be sold on Ebay that you can't track ALL of them. It's impossible. So you can't sell everything with the right price. But if you track only laptops for example you will know the new tradings, the prices and all the offers available right now. So, when you will look for the laptops on Ebay you will easily know what are great deals and what will bring you good profit.
The downside of it is that you need some investment to make but you will be up and running in no time. Also, be sure that you will keep your integrity while selling things on Ebay and ask other people to give you positive credits on your profile to generate online trust. Also, make sure that those your buying from are the same legit as you.
It's kind of require a hustle skill, because you need to be in the right spot at the right time and to make a profit out of it. I don't encourage to make this if you don't have a good self-confidence but also good knowledge about what you are buying. Don't buy low/sell high things you don't have a clue about it. You can be easily tricked this way.
This is a huge opportunity to make profit. Kind of hard to be done right but very high profitable and some of the most never-dying business since the start of the humankind.
Note: Regarding this subject, you might be interested in Your Ebay Buying And Selling Guides.
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Awesome post. I like it