This past Pokemon market has certainly been…strange, but I can’t help but see some similarities, particularly with long term investing and how people speculate on cards. I used to think they had no similarity and that it was randomness, but as I look at cards from certain sets they kinda move in a weird pattern.
Anyone else experiencing this/ thinking similarly as I am?
buy low sell high
I have personally had the most success in sealed and the idea of selling picks and shovels in a gold rush instead of gold itself also resonated with me when I first started “investing” rather than collecting
Don´t really know a lot about stocks, but what I would give as a tip; look where others aren´t looking (only if you have knowledge). The best picks are often the cards that seem good, but are very cheap. You just have to wait.
Nonlinear returns
Sometimes you need to cut your losses to move onto the next venture. You will not always make money so it is ok to lose some here and there.
This as well. A bit like gambling right? If you were wrong, be wrong. Don´t start chasing.
dont buy anything “weird”… if u bought weird mtg back shit or “rookie” charbars youd be down like 200k
if u bought common ass set cards u be up a crapton 
A lot of areas of the card market are independent of one another. Some are bad (ex) while others are the best! (Modern)
If you can’t personally justify the value of something it’s best to avoid it. Similarly, if your goal is to make money and you’re asking random people on the internet basic questions like is this worth it, when should I sell, what should I buy etc. you’re probably not going to have a good time.
There will always be another opportunity.
If you feel buying fomo, its best to sell. Vice versa for selling.
There will always be someone with a better collection/more value.
Stick to what you like collecting/investing
remember when gold star latias/latios would “sell” at 15k apiece (aka not get paid) and now ppl are fomoing in at 10x that
I feel like the more interesting question is : what makes investing in Pokemon so unique compared to other form of financial placement ?
A lot of Marty Zweig’s investing rules overlap with most “investments” beyond just stocks
The trend is your friend; don’t fight the tape;
Let profits run take losses quickly;
If you buy for a reason and that reason is discounted or is no longer valid then sell
if the values don’t make sense then don’t participate (2 + 2 = 4)
The cheap get cheaper, the dear get dearer;
Don’t fight the Fed (less valid than #1);
Every indicator eventually bites the dust;
Adapt to change;
Don’t let your opinion of what should happen bias your trading strategy;
Don’t blame your mistakes on the market;
Don’t play all the time;
The market is not efficient but is still tough to beat;
You’ll never know all the answers;
If you can’t sleep at night reduce your positions or get out;
Don’t put too much faith in the “experts.”
Don’t focus too much on short term information flows;
Beware of new era thinking, IE it’s different this time because…
Be greedy when others are fearful.
I tie it in what was said before: look where people aren’t. Especially since the market is cyclical, when one part of the market is bullish, look elsewhere as it will have its hayday. For example alt arts were bullish, vintage was stagnant. Vintage is bullish and alt arts are stagnant. Ultra newest modern sealed is bullish but early previous eras are stagnant.
