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<p>[QUOTE="Conder101, post: 2125727, member: 66"]1. Where do you buy coins to make a profit off of?</p><p><br /></p><p>Wherever you can find them</p><p><br /></p><p>2. How do I know what to pay?</p><p><br /></p><p>Experience</p><p><br /></p><p>3. What should I buy?</p><p><br /></p><p>Whatever you are fairly sure you can resell in a short amount of time.</p><p><br /></p><p>4. What's a reasonable amount of money I should expect to make off of coin flipping?</p><p><br /></p><p>Hopefully at least expenses. Rollover any excess back into inventory. It will probably be quite awhile before you are able to draw off an income to live on off the business. You don't have to make a lot of money off any given sale but you do have to make expenses and keep the money turning. Don't fall on love with a coin so you can't sell it, and if you make a bad buy take you loss and keep the money turning. Refusal to sell because you would lose money only means that eventually all of your capital eventually ends up locked up in those mistake pieces.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2125727, member: 66"]1. Where do you buy coins to make a profit off of? Wherever you can find them 2. How do I know what to pay? Experience 3. What should I buy? Whatever you are fairly sure you can resell in a short amount of time. 4. What's a reasonable amount of money I should expect to make off of coin flipping? Hopefully at least expenses. Rollover any excess back into inventory. It will probably be quite awhile before you are able to draw off an income to live on off the business. You don't have to make a lot of money off any given sale but you do have to make expenses and keep the money turning. Don't fall on love with a coin so you can't sell it, and if you make a bad buy take you loss and keep the money turning. Refusal to sell because you would lose money only means that eventually all of your capital eventually ends up locked up in those mistake pieces.[/QUOTE]
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Lots of questions relating to making money buying and selling coins.
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