The intertwine between finances, goals, and ego.

When you talk about the line between finances, goals and ego, I think it relates to the “Keeping Up With the Joneses” mentality.

We surrounded ourselves in a community where people are constantly showing off high end cards and trophies. Our ‘breaking news’ is when we see influencers spending $200K+ on sealed boxes or a there’s a new record shattering auction price. You can go to the What’s Your Most Recent Purchase thread and see 3,000 replies of what other people have recently bought.

For my analogy - imagine you own a 2,000 square foot house, drive a 2019 Ford Escape and wear name brand clothes from your local mall. By all means you are doing pretty well and you should feel content and proud. However, you feel poor and defeated because everyone else on your block has a 5,000 square foot house, drives a Ferrari and only wear Gucci and SUPREME clothes. You get the feeling that you need to step your game up and buy more, compete with everyone else in your neighborhood, all the while ignoring that 2 streets away there is a mobile home park where the average person is driving a 2002 Toyota Camry and buying clothes at Wal-Mart.

3 Likes

Amen to what pokenastic just said… some people flex to flex because they feel insecure about their status in life… but there are always gonna be people above and below… but that doesn’t mean that everyone who posts something is flexing… only the person posting knows their intentions and mindset.

Pokémon is not immune to human nature. :pray:

I would be lying if I said I didn’t care about the price of cards in my collection. If there was no value/appreciation, chase, or rarity, it wouldn’t feel like a collectible to me. Part of what makes one or two cards the highlight of your collection is that they are either tough to get from rarity or value (either tough to get because they are hard to find/ not many of them floating around, or tough to get because they put a hit on the wallet - usually these two factors have a mutual impact on a card). When it comes to ego, I think everyone wants to have a few “mantle pieces” they can showcase as highlights of their collection. It makes them feel like they are validating everything else they collect, big or small.

Where I usually try not to cross is into the “investment” territory. If I can parse that out of my collecting, I don’t need to study monthly sales pricepoints like a stock market ticker tape because I’m not super concened in the short-term volidity of a buy-sell market. It’s the same with crypto. Some people would freak out every time bitcoin or ethereum took a dip. Why? they were looking at it as a short term investment. They didn’t believe in the technology, so they were always sweating beads. Everyone else like myself just chilled while people talked their shit. As of Now, Bitcoin is trading at $19,423 per coin and Ether is hovering above $600. You shoulda heard the discord last year when myself and someone else practically begged people to put aside a few dollars at the dip of like $3,000 per btc and $80 per eth.

1 Like

I personally think pacing is the most important element when it comes to keeping these 3 things in check. When I first got back into collecting, I also found myself instantly wanting to get a ton of awesome stuff that my ego only wanted at a high grade, and I wanted it NOW because I keep seeing all of this cool stuff other collectors have. Some combination of FOMO, instant gratification, social media, and everything in between can push people to act in ways they may not normally, especially when it comes to money.

I think once you determine what a healthy pace is, it almost does the balancing for you when it comes to the financial and goal side of the equation. You’ll very likely keep within your financial boundaries, and hopefully have a pretty good idea on when you can realistically accomplish your goals.

I think this part has been fairly thoroughly and consistently covered - collecting for ego or to try and ‘keep up’ is not the right reason.

I’m more interested in the raw quantitive numbers. Even if you are not spending $200k on the holy grail, spending $1k, $5k, $10k on cards is still significant. I’d say at least 90% of the world population would say all those numbers are large. Arguably too large to be spending on collectibles. I want people to explain to me why that thought process is wrong…

Absolutely. This basically sums up my thoughts at this point minus the point i make above.


This means you can totally invest your money in Pokemon without investing. Solely because you’re invested in the hobby.Having a fragile ego is always dangerous when you’re on social media. See @pokenastic 's post.
I personally believe that people who stick to these kind of hobbies must have some kind of collector personality trait. Lots of people now coming in for the hype will eventually leave. And that’s totally fine. If someone thinks they spend too much or could use the money elsewhere, it’s their right to sell.

On a side note: I cringe when I see people buying expensive cars, watches or clothes (while not earning significantly more than me).

Im always late to these type of posts and several people have already said very well what I was going to say :stuck_out_tongue:

Definitely agree with @fazool though. If youre buying cards and feeling a desire to sell, youre probably buying the wrong cards for you, or are over extending yourself. Also agree with @fourthstartcg in that you should buy the most expensive or most likely to rise cards that you desire, but only so that you get it while you can still afford it, not to flex.

I think it’s important to evaluate what you truly want. I quite like the idea of some more expensive cards like snap cards or 4th era trophy cards. I also want some expensive cards like crystal or shining charizard to complete sets. At the end of the day, I wouldn’t be too irked to not have those trophy cards but I would be very annoyed to have all but 1 card to complete my wotc sets, which is my main goal in collecting.