Can I renew my domain name ahead of it's expiration date?
I read that certain domains can only be registered for upto 5 years. What happens in 5 years do you loose your domain name? or can you keep renewing it for more than 5 years?
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You can absolutely renew a domain ahead of the expiration date. It just tacks on that time to the end of what you already own. So let's say today is October 28, and your domain expires on January 3, 2017. If you pay today for 3 years, it will add the 3 years starting on January 3, 2017, so it won't expire until January 3, 2020.