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<p>[QUOTE="invictus, post: 285069, member: 9973"]I don't see how "scarce" and "in demand" a low value coin can be, it sounds like a self-negating concept, but I won't argue the generality that there are coins under $40 that will go up in value to a good degree. </p><p><br /></p><p><br /></p><p>We all have different ideas of what our time is worth. I'm busy and value my time highly, so a "decent" percentage return on something with a base value of only 40 bucks isn't going to result in a dollar gain that I would appreciate. </p><p><br /></p><p><br /></p><p>Let me try to create an equation to quantify how I see this operating, and give you all an opportunity to stamp my planchets in disagreement:</p><p><br /></p><p>Cost basis of your investment = (Base investment + buyer transactional fees + tax on purchase + (all time spent on research and transaction x your labor rate) + misc. expenses)</p><p><br /></p><p>At this point the cost basis is most likely far greater than the market value of your purchase. So you're immediately in a loss situation, unless you really nailed it on the purchase price.</p><p><br /></p><p>Sale value of your investment = ((Coin sale price - seller transaction fees) - the % value the dollar has lost since you made the purchase) - (all time spent on research and transaction x your labor rate) - misc. expenses.</p><p><br /></p><p>For the Sale Value > Cost Basis, you can see how the variables need to work out. With a mere $40 investment, your gains need to be huge to overcome the other variables.</p><p><br /></p><p>Thus the best way to compensate is by jacking up the numbers by investing in higher value coins right off the bat.[/QUOTE]</p><p><br /></p>
[QUOTE="invictus, post: 285069, member: 9973"]I don't see how "scarce" and "in demand" a low value coin can be, it sounds like a self-negating concept, but I won't argue the generality that there are coins under $40 that will go up in value to a good degree. We all have different ideas of what our time is worth. I'm busy and value my time highly, so a "decent" percentage return on something with a base value of only 40 bucks isn't going to result in a dollar gain that I would appreciate. Let me try to create an equation to quantify how I see this operating, and give you all an opportunity to stamp my planchets in disagreement: Cost basis of your investment = (Base investment + buyer transactional fees + tax on purchase + (all time spent on research and transaction x your labor rate) + misc. expenses) At this point the cost basis is most likely far greater than the market value of your purchase. So you're immediately in a loss situation, unless you really nailed it on the purchase price. Sale value of your investment = ((Coin sale price - seller transaction fees) - the % value the dollar has lost since you made the purchase) - (all time spent on research and transaction x your labor rate) - misc. expenses. For the Sale Value > Cost Basis, you can see how the variables need to work out. With a mere $40 investment, your gains need to be huge to overcome the other variables. Thus the best way to compensate is by jacking up the numbers by investing in higher value coins right off the bat.[/QUOTE]
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