How I lost $70,000 Investing in Sports Cards In 2024

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  • Опубліковано 4 січ 2025

КОМЕНТАРІ • 30

  • @u_s_a_cards
    @u_s_a_cards 11 днів тому +17

    you really can't count it as a loss when you don't time the market perfectly on a sale. it's either a profit or a loss. title is click bait.

    • @sportsbettingeducation
      @sportsbettingeducation 8 днів тому

      I’m thankful he titled it that or I wouldn’t have clicked. This was a great video. Opportunity cost is a real loss weather you like to admit it or not. He missed out on 75k. That’s a loss.

    • @Wootensportscards
      @Wootensportscards 7 днів тому

      Not really lol​@@sportsbettingeducation

  • @stephensosa8968
    @stephensosa8968 12 днів тому +14

    ***Unrealized losses***not the same as losses hitting the books.

    • @kangtheconqueror9545
      @kangtheconqueror9545 11 днів тому

      Exactly. Everyone over the age of 30 has lost 10 million minimum from not investing in Bitcoin, but it's not like investing 10 million and losing it all.

    • @matthewkennard1166
      @matthewkennard1166 11 днів тому

      Right, should have said missed out on that makes more sense

    • @sportsbettingeducation
      @sportsbettingeducation 8 днів тому

      Cry about it

    • @Wootensportscards
      @Wootensportscards 7 днів тому

      Lmao you really replying to everyones comments on another mans video..​@sportsbettingeducation

  • @Mskedu47
    @Mskedu47 11 днів тому +4

    You just listed cards you sold for profit but not at the absolute peak

  • @metsrus
    @metsrus 11 днів тому +7

    clickbait, leaving money on the table is not the same as a loss. profit is profit

  • @cristobaldelacruz142
    @cristobaldelacruz142 9 днів тому +2

    That’s like saying if I would have never open the first year Nintendo came out and kept it sealed I would have 1,000,000 . So if I titled the video by saying how I loss a million dollars by opening a Nintendo.

  • @justinkittleson3295
    @justinkittleson3295 12 днів тому +1

    A small rectangle of cardboard lost value???!!!!!!

    • @robglobal1
      @robglobal1 11 днів тому

      Hate to break it to you but even money itself loses value.

  • @DanielCordone9
    @DanielCordone9 9 днів тому

    It least you didn't lose $2m. Lucky I'm still here

  • @ericvavrasek4133
    @ericvavrasek4133 8 днів тому

    Gotta be careful when looking at those Amen Thompson 1/1 comps. All of those sales are from Chinese sellers that are notorious for shill bidding their cards (check the bids). Granted I do think the 10/10 grading does increase value, but I don't think that it increased the value that much being that it's already a 1/1.

  • @Thekuzguy
    @Thekuzguy 10 днів тому

    I’m still holding my Kuzma rookies . Holding about 100 silver prizms and 400 prizm base .

  • @jamellee8890
    @jamellee8890 8 днів тому

    Done. lets get this win now one time sir

  • @kangtheconqueror9545
    @kangtheconqueror9545 11 днів тому

    I'm buying Corbin Carrol, Sam Howell, Baker, Paolo, Bryce Young, Chet, and Jared Goff. I also believe Lawrence Butler is an undiscovered gem along with Bennedict Mathurin. Those 2 will be great in the years to come.

  • @duanetomka6559
    @duanetomka6559 8 днів тому

    Still good profit, and dont take this the wrong way, but when you are dabbling in all the markets you sometimes loose site of some of the good longer term holds. Just watching Merrill play in 2024 and seeing his performance mirror what was being projected when he was in the minors you would know that he looking like a one year wonder.

  • @sfcraiger
    @sfcraiger 11 днів тому

    There is no up

  • @Ollie-l7v
    @Ollie-l7v 9 днів тому +1

    Title is BS. Saying you could have made an extra $70K by timing all your sales perfectly is unrealistic. There isn't a collector alive who can claim to time every sale at the peak of the card's value.

  • @timjohnsonpool
    @timjohnsonpool 11 днів тому

    Are you a doctor

  • @eugeneporter5941
    @eugeneporter5941 7 днів тому

    Click bait

  • @KyprosEc
    @KyprosEc 9 днів тому +1

    And this is why I only buy vintage

    • @dean-marr
      @dean-marr 8 днів тому +1

      Amen 🙏. Been collecting vintage and selling for over 35 years, true collectors go with ups and downs and are still ok. Quick flips usually drop.

    • @KyprosEc
      @KyprosEc 8 днів тому +1

      @dean-marr yep, and there's always a market for vintage.

  • @djmedo17
    @djmedo17 9 днів тому

    People like you destroy the hobby.
    Cards are just paper not gold!

  • @randomsalmon4603
    @randomsalmon4603 9 днів тому

    FYI, cardboard pictures of athletes and celebrities are not an investment class

    • @metsrus
      @metsrus День тому

      they sure are, bud. If people put value on them, they sure are commodities to be traded on the market.