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<p>[QUOTE="dougsmit, post: 3543633, member: 19463"]When you decide to buy or sell things because of short term ups and downs, that is day trading. When you buy what you want and have full intention of owning it for the duration, that is collecting. I appreciate the service provided by dealers who make coins available to those of us who collect what we find interesting but realize that they make more money from those who change their holdings constantly. I look forward to the opportunity to buy more coins when the day traders move on to rare tulip bulbs or whatever is next for those after money rather than coins. </p><p>Just in case someone here does not know:</p><p><a href="https://en.wikipedia.org/wiki/Tulip_mania" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Tulip_mania" rel="nofollow">https://en.wikipedia.org/wiki/Tulip_mania</a></p><p><br /></p><p>For the record I also believe in this one:</p><p><a href="https://en.wikipedia.org/wiki/Greater_fool_theory" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Greater_fool_theory" rel="nofollow">https://en.wikipedia.org/wiki/Greater_fool_theory</a></p><p>You are always right until you are wrong. Are there infinite greater fools? Maybe; maybe not.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3543633, member: 19463"]When you decide to buy or sell things because of short term ups and downs, that is day trading. When you buy what you want and have full intention of owning it for the duration, that is collecting. I appreciate the service provided by dealers who make coins available to those of us who collect what we find interesting but realize that they make more money from those who change their holdings constantly. I look forward to the opportunity to buy more coins when the day traders move on to rare tulip bulbs or whatever is next for those after money rather than coins. Just in case someone here does not know: [url]https://en.wikipedia.org/wiki/Tulip_mania[/url] For the record I also believe in this one: [url]https://en.wikipedia.org/wiki/Greater_fool_theory[/url] You are always right until you are wrong. Are there infinite greater fools? Maybe; maybe not.[/QUOTE]
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