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<p>[QUOTE=&quot;kaparthy, post: 3343649, member: 57463&quot;]How do you make money in oil? or software? or t-shirts? (Super Bowl tomorrow: did you miss your chance?). You have to know the markets. People make tons of money in this hobby. </p><p><br /></p><p>There is no single method or easy formula. You have to know the coins (paper, etc., etc.).&nbsp; You have to know the people, who they are and what they want. And you have to be able to get along with them.&nbsp; </p><p><br /></p><p>Just one example. When I was learning to fly, I collected world banknotes with aviation themes. I was standing at a dealer&#039;s table with another collector and I mentioned my interest and he began telling me more than I could absorb about some small differences in one series with an airplane on it. ... and it was not even an area of special interest to him: he just knows a lot.&nbsp; But it helps him to spot all manner of these rarities that other people miss.&nbsp; He can identify them, catalog them, and sell them to others who pay more.</p><p><br /></p><p>But know as much as you can, socialization skills are the key to market success. (And don&#039;t forget bookkeeping...)</p><p><br /></p><p>The school of economic theory called &quot;Austrianism&quot; suggests that entrepreneurship is ineffable. In other words, no formula exists to make someone into an entrepreneur. It must be learned, but cannot be taught.</p><p><br /></p><p>But, yes, we do have millionaires in this hobby. Just not here in CoinTalk.[/QUOTE]</p><p><br /></p>

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