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<p>[QUOTE=&quot;GDJMSP, post: 1462165, member: 112&quot;]Do you know of even 1 thing that doesn&#039;t cost more now than it did 30 years ago ? I sure don&#039;t. So what good does asking that question do ?</p><p><br /></p><p>Everything goes up over time and it has done so since the dawn of time. The question that matters was my point #2, timing. What you have to ask yourself is will the value of the coins be up at the specific time when I go to sell them ? It doesn&#039;t matter what they do at any other point in time.</p><p><br /></p><p>Now ask yourself another question. Say you invest a significant amount in coins, not all your eggs in 1 basket, but a significant amount. Now some time goes by, doesn&#039;t matter how much, might be a year, might be 2 - might be 5. But when you go to check on your &quot;investment&quot; and look up current values, you suddenly find that you&#039;re down 55-60%. At that specific point in time are you going to hold onto those coins and hope they recover ? Or are you going to sell and cut your losses ?</p><p><br /></p><p>I&#039;m asking you that question because that is exactly what happened just over 3 years ago in the coin market. And no, the market has not recovered. And in 1989 it was worse, much worse. Some people lost 90% of their investments - and if they had waited, even all this time, they would still not have recovered their losses.</p><p><br /></p><p>So what do ya think Blade ? You tell me, are coins a good investment ?</p><p><br /></p><p><br /></p><p>edit - one other thing you should be aware of re: timing. Bull markets in coins typically last 3-5 years. That&#039;s the historical record. Our last bull market started in 2001, didn&#039;t really get going until 2003. It ended in 2008.</p><p><br /></p><p>Bear markets on the other hand typically last 8-10 years. Our current bear market started in late 2008. Do the math.[/QUOTE]</p><p><br /></p>

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