Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Modern Commemorative Silver $1 Proofs, things I THINK I have learned, but please set me straight...
>
Reply to Thread
Message:
<p>[QUOTE="Oldhoopster, post: 2853666, member: 84179"]When you play the MS70 game, you're basically betting that you can get enough coins slabbed at 70 to make a worthwhile return on your investment in the raw coins, grading fees, etc.</p><p><br /></p><p>You're betting that your knowledge of grading, knowing the TPGs, understanding the market, and knowing where to sell quickly at those market prices, will give you an advantage and allow you make money.</p><p><br /></p><p>Sort of like counting cards in Black Jack or being a day trader in Stocks, you're trying to use your skills and knowledge to gain an advantage. A few people that put in the continuous effort to be good at it can win. Those that don't put 100% effort into learning and staying on top of the game may occasionally get lucky, but usually lose in the long run.</p><p><br /></p><p>So, if you're confident in yourself and objectively think you can make some money, then go ahead and bet on yourself. If you don't want to invest in the time and effort needed to be good at it, then don't play.</p><p><br /></p><p>BTW: I don't want anyone to think that I'm implying anything about [USER=86795]@SilverWilliesCoinsdotcom[/USER] skills. Just laying out my thoughts. If you play, I hope you make a killing.[/QUOTE]</p><p><br /></p>
[QUOTE="Oldhoopster, post: 2853666, member: 84179"]When you play the MS70 game, you're basically betting that you can get enough coins slabbed at 70 to make a worthwhile return on your investment in the raw coins, grading fees, etc. You're betting that your knowledge of grading, knowing the TPGs, understanding the market, and knowing where to sell quickly at those market prices, will give you an advantage and allow you make money. Sort of like counting cards in Black Jack or being a day trader in Stocks, you're trying to use your skills and knowledge to gain an advantage. A few people that put in the continuous effort to be good at it can win. Those that don't put 100% effort into learning and staying on top of the game may occasionally get lucky, but usually lose in the long run. So, if you're confident in yourself and objectively think you can make some money, then go ahead and bet on yourself. If you don't want to invest in the time and effort needed to be good at it, then don't play. BTW: I don't want anyone to think that I'm implying anything about [USER=86795]@SilverWilliesCoinsdotcom[/USER] skills. Just laying out my thoughts. If you play, I hope you make a killing.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Modern Commemorative Silver $1 Proofs, things I THINK I have learned, but please set me straight...
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...