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<p>[QUOTE=&quot;bahabully, post: 1771532, member: 17555&quot;]I agree money can be made from the hobby, but also agree that it is a horrible space to attempt to invest.&nbsp; &nbsp; In your example, buy at 1k and sell at 1.2k,, consider fees on ebay (which is probably the cheapest place to sell other than hand to hand).</p><p>10% hammer fee on 1.2k = 120</p><p>~5% paypal fee on 1.2k = 60</p><p>Shipping = 10 (packing, tracking, postage, gas to and from post office)</p><p>.... that&#039;s about 190 in fees to sell.... so your 1k invested realized around $10 even with a 20% increase.&nbsp;&nbsp; And any coin increasing that much in that amount of time is a rarity rather than anything close to the norm.... even with homework applied.</p><p>&nbsp;</p><p>As has been stated, you need around 30% gain just to start thinking about it.</p><p>&nbsp;</p><p>or</p><p>&nbsp;</p><p>Become a dealer, jump in with 100k to 1M.... buy a ton of stuff and turn it FAST for low margin and rinse and repeat asap, evey week, all year.... some folks have done very very well turning lots of lil&#039;bitty $10 profits into nice annualized returns.[/QUOTE]</p><p><br /></p>

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