Dark QotD: LP auction pushed new records, how do you plan on profiting from this new boom?

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The Dark Question of the Day throws out all the pretences of a wonderful community and exposes the possibly not ethical morality of the hobby. Questions are many times open ended and up to interpretation. Feel free to post your thoughts in as much or as little detail as you’d like.

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Today’s Question:
QotD: LP auction pushed new records, how do you plan on profiting from this new boom?

Helpful Considerations: Ride the general wave? Hype more top rarity? Cash in on more Kabutos?

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selling my own PSA 10 illustrator pikachu. found it in my grandma’s attic while looking for pictures of topless women

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Id like to party with your grandma

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i think this means the time is right for me to capitalize on my hoard of SVP 156. surely quag will benefit the most from this rising tide :head_shaking_vertically:

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I don’t have anything I want to sell, so I will instead “save” by being patient and not spending too much during an extended period of inflated prices.

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Now wait for the market to slowly land ?… It will, right ? Right ??

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I plan to profit by scrapping a binder I had already started and reducing the number of cards I’m going to buy

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I don’t. I just intend to keep buying the same stuff I’ve always admired.

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Bide time until October 2020 and the $5000 PSA 9 unlimited Blastoise gets a sequel, then sell like there’s no tomorrow.

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Based on what was said on the stream;

(Then sell it to the new illustrator guy)

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It´s a weird boom though. Yeah, certain cards are going for insane numbers all of a sudden, but the cards that I´m into are just going steady (which is allright).

This market is pretty hard to predict. For instance, apparently a Plasma Darkrai these days sells for more than a Shining Tyranitar first edition (both PSA 10). Make sense of that.

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Is crying while pressing the buy now button any kind of form of profiting?

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The caveat: Markets are hard. Every prediction has two parts. First you need to know what will happen in the real world and then you need to guess/predict what effect will that event have on future price. So there are 4 outcomes - right/wrong on the event and right/wrong on market price impact. With all of the benefits that come with working at a big fund, we still get one or both things wrong daily. With markets of any kind - stocks, bonds, commodities, and even collectibles - there is almost an element of unpredictability.

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Definitely. I have been tracking the market for 10+ years now and I´m still surprised a lot. That being said, it is more predictable than it was. For instance, it seemed pretty clear that vintage was being overlooked for the more hyped up modern between 2022 and 2024, and we´re seeing that play out now.

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I’m sticking to my fundamentals of buying high and selling low. Newer, Minter, Waifuer. :bullseye:

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that could work too :rofl:

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Oh my gosh! That’s so crazy hahaha

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Why grandma, what big… eyes you have :wolf:

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