Don't Make These 5 mistakes I Made When I Started (Protect your wallet!)

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Pokénomics

Pokénomics

Күн бұрын

Пікірлер: 162
@TwicebakedJake
@TwicebakedJake 4 жыл бұрын
I've also been planning on talking about this. With how the market has grown, its important to remain humble and remember all the goofs we made made when we were more inexperience in collecting. Some other mistakes I can think of is 1) overzealous buying, 2) mishandling cards and damaging cards on accident, 3) missing out on deals due to fear or reluctance.
@PokemonRadar
@PokemonRadar 4 жыл бұрын
there are no mistakes, just opportunities to learn
@pokenomics
@pokenomics 4 жыл бұрын
Haha yes very true:)
@pokemoncollectibles2192
@pokemoncollectibles2192 4 жыл бұрын
Exactly!
@s.j.8936
@s.j.8936 4 жыл бұрын
Not when that dude sold me 3 of his shadowless zards that are all in near mint condition for only $300 back 2012, Now I got 2 PSA 8 and a 9 Zards.
@shreddybrek
@shreddybrek 4 жыл бұрын
My biggest mistake and what i would advise Dont sell 2 legendary collection boxes in 2013
@BobBob73271
@BobBob73271 4 жыл бұрын
Lol
@chococo3066
@chococo3066 4 жыл бұрын
Thanks for the heads up, ill sell them in 2014
@arderp
@arderp 4 жыл бұрын
Never dismiss time. Time is something you'll never get back. Money can always be earnt back :)
@stefanagha3248
@stefanagha3248 4 жыл бұрын
I love having played or damaged WOTC holos in a binder. Inexpensive and I still really enjoy them.
@pokenomics
@pokenomics 4 жыл бұрын
Fair enough, To each their own:) Thanks for sharing with us!
@BlightBreedOfficial
@BlightBreedOfficial 4 жыл бұрын
I’m constantly scouting eBay, for Pokémon cards, 24/7, it’s basically how I make my living (buying and selling) the best bet is to always research even if you have no interest in the card or item. If something comes up and you have no idea what it’s worth, check out sold listing, so you have a reference for the future if that card or item comes up again at a really good price, you don’t have to waste time doing research and have the chance of the item selling before you have the chance to research it. It’s probably my number 1 tip. Know your prices, understand how the market is moving. Always stay up to date on prices for hot items!
@pokenomics
@pokenomics 4 жыл бұрын
Thanks for sharing!
@JB-cb6rq
@JB-cb6rq 4 жыл бұрын
This is the second video I've watched from you(first was hidden fates) and I really enjoy listening to your opinions, thank you for sharing your thoughts and experiences
@pokenomics
@pokenomics 4 жыл бұрын
Glad you enjoyed!
@kyleswartz2846
@kyleswartz2846 4 жыл бұрын
Something I learned from buying anything off of eBay is that, if the item you’re interested in is listed at a “buy it now”, you can “make an offer”when given the opportunity. I’ve taken advantage of that feature, and been able to purchase cards for $20, $30, $40, $50 off of the asking price. People are generally willing to negotiate
@Rastiano
@Rastiano 4 жыл бұрын
Brother, I really do appreciate the time and effort you put into educating the community. Much love from LA.
@pokenomics
@pokenomics 4 жыл бұрын
My pleasure! Thanks for taking the time to leave a positive comment!
@bullionbouncer5080
@bullionbouncer5080 4 жыл бұрын
Yes do a video on storage supplies please that would be awesome and helpful! This video like all your others are truly great! On point and honest!
@pokenomics
@pokenomics 4 жыл бұрын
Will do!! I can't promise when, but likely in the next couple of weeks
@maLVerde-ej8nu
@maLVerde-ej8nu 3 жыл бұрын
Love your videos. You bring me inner peace. Thanks!
@BeyondFantasyPokemon
@BeyondFantasyPokemon 4 жыл бұрын
The faux leather binders are the best feel for me. They feel higher quality and it makes looking at the cards more enjoyable. I have cheap binders too but as you said they feel cheap and not enjoyable to hold.
@Duncan4president
@Duncan4president 4 жыл бұрын
Great video. Would love to see a video on what you use for storage. I just bought some Ultra Pro Platinum binder sleeves and the Ultra Pro card sleeves.
@DragonRollYumYum
@DragonRollYumYum 4 жыл бұрын
Great video. Some of my mistakes - (1) feeling pressured to buy without full info - sometimes this is a big mistake and yet sometimes its a real surprise / bounty. An example may be that you suddenly see this card pop up at a real great value but the pics are shoddy - many times pics are shoddy for a reason (dishonest seller), but sometimes it is genuinely an issue with a seller having a bad camera or having very poor marketing knowledge, (2) Not buying something because you are too focused on the haggling and losing context of the big picture (ex: a seller was selling the entire POP 5 for asking $3000, and it included the Espeon and Umbreon gold stars in great condition) - I was so focused on haggling that I lost context and someone else picked it up, (3) Shipping expensive cards without purchasing insurance - learned a hard lesson with 2 tracked, shadowless Chars just dropping off the radar, (4) Grading cards that are not popular - it may have a great price per publicly available sold price info, but the sales cycle is huge, (5) Selling cards on "buy now" instead of auctioning - especially high quality, but low demand cards, (6) Selling PSA 10 cards instead of holding them for longer terms .... So many opportunities to learn and do better.
@mikedistefano4471
@mikedistefano4471 4 жыл бұрын
Solid advice once again. Such an underrated channel for Pokelectors/Investors. Honestly, I get so excited when I get the notification for a new Pokenomics video!
@pokenomics
@pokenomics 4 жыл бұрын
Much appreciated!
@pokemonpowerball301
@pokemonpowerball301 3 жыл бұрын
Thank you for this video! I've watched a few of your videos! Very good stuff! Thanks!
@AfterHoursCollector
@AfterHoursCollector 4 жыл бұрын
Extra emphasis on being careful with lots. If they aren’t specific you’ll probably get lots of duplicates. I’ve bought some to fill out sets and wound up only using a few of the cards
@adammatthews664
@adammatthews664 4 жыл бұрын
I spent over 10K in a short period of time in both modern and wotc but primarily modern. Convinced myself early enough that prices can not hold at this pace after watching channels like this. Sold off everything in auctions. Took maybe 1-2 losses but primarily made good profit on the sealed product. Broke even on a few. Made double on a few. To date I only open modern to open with my son for fun. I have 2 wotc cards left and will come back after the big dip.
@pokenomics
@pokenomics 4 жыл бұрын
Thanks for sharing with us!
@Alialdereteb
@Alialdereteb 4 жыл бұрын
I think the most important for me is the lack of patience. In my case, I got so hyped that I bought two cards that are not bad, but I have the feeling that I could've done better. Really do your research, this type of content is really helpful. Check for sold items to have an idea of the price. I am just starting but those are the learning I can take already about this world of Pokemon cards!
@pokenomics
@pokenomics 4 жыл бұрын
Thanks for taking the time to share!
@Inamena777
@Inamena777 4 жыл бұрын
Thank you for the videos. I love your personality.
@pokenomics
@pokenomics 4 жыл бұрын
Thank you so much!
@thekingman5971
@thekingman5971 4 жыл бұрын
Awesome video I wish I saw this when I first started collecting . Thanks for all the information
@pokenomics
@pokenomics 4 жыл бұрын
Glad I could help!
@toadtavern
@toadtavern 4 жыл бұрын
Man, that supplies mistake is so true. I wanted matching sleeves but that process was a lot harder than it should have been. First you buy penny sleeves, but they don’t fit into binders well, nor do cards fit well in them. Then you buy matte sleeves only to discover that the holos don’t sparkle. After that, you find fitted sleeves and re-sleeve everything. There’s even more to it because fitted sleeves still have an open end and you consider double-sleeving only to want to send the card to psa and you’re back to penny sleeves, lol.
@pokenomics
@pokenomics 4 жыл бұрын
Absolutely! I feel you man!
@TeXmEx26SoX
@TeXmEx26SoX 4 жыл бұрын
I can relate with the patience part. I’m starting a houndoom collection and I bought a really nice NM neo revelation houndoom. The next day I found a PS8 one on EBay for just a bit more... got both at least :P
@TeXmEx26SoX
@TeXmEx26SoX 4 жыл бұрын
PSA8 *
@OmniPoke
@OmniPoke 4 жыл бұрын
Supply's are actually so important and you never hear people including stuff like that into their costings...for my own collection Ive kept complete sets in 3 ring binders for a number of years but want to make a move over to sideloading pocket albums.. That switch up is going to cost me 3 figures easily! Sideloading binders weren't even a thing when I started this hobby haha
@pokenomics
@pokenomics 4 жыл бұрын
I have tracked the amount I spent on storage supplies and it makes me wish I had that money back to buy more cards:) But in order to protect and enjoy ones collection they are 100 percent necessary. Thanks for sharing!
@Dodgerx25
@Dodgerx25 4 жыл бұрын
It's funny, as someone who is somewhat newer to the scene - I can almost identify a mistake from each fo your categories that I have comitted. The biggest issue with me, as a newer collector is: Where do you start? Because of this question I feel a lot of misdirection in collecting and thus questionable or bad purchases. Gotta catchem' all...
@conjuringbeats5830
@conjuringbeats5830 4 жыл бұрын
I would love to see a video about your storage methods!
@pokenomics
@pokenomics 4 жыл бұрын
Coming soon!
@javipena93
@javipena93 4 жыл бұрын
I bought one of those PSA 10 "red's pikachu" for $40.. Most "experienced" guys in the hobby would call it a mistake because theres like 1800 PSA 10s blah blah. I bought it because I wanted it and liked the card. I even named my character the OG "red" when I played Red on the gameboy. There are NO mistakes if you buy something you have an internal interest to own. As you always say, Buy what makes you feel good and you'll never regret a single purchase in this hobby. Lastly, you said it in your video.. The bulk you purchased was a learning experience.. Doesn't sound like a net loss transaction to me ;) P.S. Ultrapro stopped making those fake leather feeling binders.. They must have changed manufacturers/materials. I have 4 of them and a bunch of the new "leather padded" ones. They suck.
@pokenomics
@pokenomics 4 жыл бұрын
Haha so true
@javipena93
@javipena93 4 жыл бұрын
@@pokenomics It's funny because as soon as you said "fake leather" i knew the exact binders you were talking about and even the ones they changed it to. It will NEVER be the same. I'm happy I have atleast 4 and not 0
@BerndosMusic
@BerndosMusic 4 жыл бұрын
Great timing on your new louder mic, now that your channel is monetized - the usually loud ads on KZbin really blast my ears off on the older videos 😂 Sadly KZbin took away the option to adjust volume post-upload.
@pokenomics
@pokenomics 4 жыл бұрын
Glad it is better now!
@ferzap4c
@ferzap4c 4 жыл бұрын
yep yep yep yep and yep! done all 5 of these in the last 3 months since getting back into the hobby!!! haha
@pokenomics
@pokenomics 4 жыл бұрын
The good news is it gets better!
@jakefrompallettown8181
@jakefrompallettown8181 3 жыл бұрын
I'm still working on the being patient aspect. I have a problem, where I see something I genuinely like and want to add it to my collection and tend to not care about what the price is if it's something I like. The problem is there is always something I see that I like lmfao. Kinda the whole you can't own every singe card, need to learn to say no I don't need this even though it may be cool to have.
@ZanderTheSadPanda
@ZanderTheSadPanda 4 жыл бұрын
I'm new to collecting and have already made some of these mistakes haha. But thanks for the advice!
@pokenomics
@pokenomics 4 жыл бұрын
Happy to help!
@BlitzForay
@BlitzForay 4 жыл бұрын
I like to think I know what a psa 9 worthy raw card looks like simply from looking at my collection of graded cards as a reference, we will see though when I finally send my first ever batch to psa one day.
@pokenomics
@pokenomics 4 жыл бұрын
That is a great way to do it! Good luck on your first submission, that is so exciting!
@badheaven22
@badheaven22 4 жыл бұрын
For me my old binder collections I prefer them damaged or not in pristine condition. Cause for me if they are in pristine I rather have them graded. Idk why but to me it feels like I am doing a disservice to the cards if I put them in a binder if they are in such good condition.
@pokenomics
@pokenomics 4 жыл бұрын
I know the feeling. I have been taking some of the chase cards out of my binders that are in 8-9 quality and grading them because the prices have gone up so much and then replacing them with 6-7. I don't like having cards in lower then 6 condition myself. But to each their own for sure.
@hozzoh9936
@hozzoh9936 4 жыл бұрын
Thanks for the pokemonprice.com tip, it’s nice to know the real sold prices of psa cards! Looks like a lot of "buy it now" prices on eBay are way too high.
@pokenomics
@pokenomics 4 жыл бұрын
pokemon price has issues to but it can give you some understanding of the prices, I have my own list that I keep with prices that I think things are actually selling for, as I go through what looks like sketchy purchases and take them out manually.
@RDMfitness
@RDMfitness 4 жыл бұрын
Awesome once again 👍🏻😎
@kushypokemon8613
@kushypokemon8613 4 жыл бұрын
Love the content. Thanks for sharing. To add to this video my experience & thoughts. (1) Buy within your budget: I think alot of people go crazy and buy non-stop and when they don't need it. In hindsight I definitely bought things I didn't need. (2) Do your homework: I think it helps to know who to buy from. There are plenty of youtube and forums out there on how to spot fake pokemon cards, fake booster boxes, and what are reliable sources. So do the homework because knowledge is power. (3) Don't fall into fallacy trap: People will say "I don't know how much longer this booster box or card will be available so I will buy it at a high price before it sells out." This is simply not true. Think about it. 20-years later and we have PLENTY of unlimited base set sealed booster box. There is ABSOLUTELY no reason to spend 10,000 dollars on it when it sold for 3,000 last year. People are driving the price up because of the "bubble" and some people need the xtra cash because of the COVID pandemic. But no reason to purchase 10,000 box simply because of the idea "it will sell out." Trust me when I say this, no one knows how many WOTC printed these boxes. The fact that plenty of these boxes are still in circulation means you can get it--depending on the price you are willing to pay. But don't do it because of the notion it will sell out. Ebay has PLENTY of listings and so do collector stores. Now, I am not saying don't spend 10,000 dollars on it if you have that cash and you want it--I am simply saying dont do it BECAUSE of the idea it will sell out. (4) Have fun: If buying and selling becomes laborious or if you start to hate it--then I will say you probably are doing it for the wrong reasons. Pokemon cards are just that. And I get it because I am collector first and value the art but at end of day, my PSA 10 blastoise first ed, shadowless will NOT have liquidity. So I buy it for my own collection and looking at it. So do the things that make you have fun (5) Be respectful: This one is probably more of a vent from me. I see some youtubers ripping cards or throwing it. Nothing bothers me more. Even if it is a common card, don't forget there are kids out there who cannot afford one blister pack. I know this because I was once that kid. So don't do it. Respect the cards and art and dont trash around even the common ones.
@pokenomics
@pokenomics 4 жыл бұрын
Very good tips. Thanks for taking the time to share!
@ZaaZoJo
@ZaaZoJo 4 жыл бұрын
2:34 I would re-think that... specially now with poliwags and non holo rares going for these insane prices
@throwod2923
@throwod2923 4 жыл бұрын
Really enjoyed this one
@pokenomics
@pokenomics 4 жыл бұрын
I'm glad!
@TTG_JG
@TTG_JG 4 жыл бұрын
My number one mistake would definitely be selling too early. A few examples of cards that I sold too early where 1st ed Dark Charizard, Mario Pikachu cards and Neo Shinings. Fortunately I was able to get everything back before prices went wild and because of that experience I almost never sell anymore.
@pokenomics
@pokenomics 4 жыл бұрын
Selling too early can definitely be a mistake, but also selling too late. That is why it is difficult to make money flipping in the long run, it is hard to time the market.
@Kurtle001
@Kurtle001 3 жыл бұрын
Jake is the Goat!!!
@malvarado9912
@malvarado9912 4 жыл бұрын
A piece of advice for any new collectors, if you are interested in a card just watch it and wait. Tons of times the sellers will want to get rid of the cards and will make you offers even if there is no best offer option. If they do that make a note of it and when that items sale time is almost up message the vendor with your own offer.
@pokenomics
@pokenomics 4 жыл бұрын
Thanks for sharing!
@Nerdperior
@Nerdperior 4 жыл бұрын
I hade a terrible buy recently. Not for price but realizing I didn't enjoy the cards. 2 months ago I bought the complete cd promo set, which also had the Japanese cd and everything. These were my first Japanese cards and I quickly found out i didn't enjoy japanese cards. Now im stuck with them bc my ebay acc won't let me make listings for some reason
@pokenomics
@pokenomics 4 жыл бұрын
Ah bummer. I have definitely had this feeling with cards I bought before!
@pokenomics
@pokenomics 4 жыл бұрын
How is the sound by the way, I found a way to turn it up, so hopefully it is better for you now!
@Nerdperior
@Nerdperior 4 жыл бұрын
@@pokenomics oh its so much better! Can hear it so clearly now. With some of the older videos id have everything turned up and was still quiet. Good video tho!
@pokenomics
@pokenomics 4 жыл бұрын
@@Nerdperior Glad to hear it, sorry it took me so long, I am very new to this, but I will figure it out eventually!
@simonpicard6050
@simonpicard6050 4 жыл бұрын
@@Nerdperior go on facebook group for selling those japanese cards
@PatsiicK
@PatsiicK 4 жыл бұрын
I found this video very helpful. thank you
@pokenomics
@pokenomics 4 жыл бұрын
Glad it was helpful!
@PatsiicK
@PatsiicK 4 жыл бұрын
@ProfessorPacks pyropunk @ :)
@BA-ib8oy
@BA-ib8oy 4 жыл бұрын
I think another mistake is not understanding the condition words. Like how excellent and very good is not a NM condition. New mint can be a 6 grade really. So I now always try to get additional pictures before purchasing.
@Profshorebreak
@Profshorebreak 4 жыл бұрын
Also never trust just angle photos 😂 learned my lesson the hard way.
@pokenomics
@pokenomics 4 жыл бұрын
Haha, photo's can be so tricky.
@stereotypical_patriot7250
@stereotypical_patriot7250 4 жыл бұрын
Because of this I never buy cards "full price" online unless it is graded. I will pay full price in person when I can verify the condition. Online sellers can be so scammy
@robertthecollector2229
@robertthecollector2229 4 жыл бұрын
Great video!!! Thx for the help bro!! 😁🤘
@pokenomics
@pokenomics 4 жыл бұрын
Any time!
@stereotypical_patriot7250
@stereotypical_patriot7250 4 жыл бұрын
Biggest mistake IMO: following the heard. Just because "everyone" says a certain card is fantastic and a must have, doesnt mean you need to feel the same. Go after what YOU want and like, because you like it. You will be much happier with your collection down the road, I promise.
@overconstruction
@overconstruction 4 жыл бұрын
oh man, the real killer is buying ungraded cards online expecting them to be PSA 9/10 worthy. I did get lucky a few times, but more often than not you end up disappointed.
@marcusjay8103
@marcusjay8103 3 жыл бұрын
If you are wanting to get rid of your bulk. I'm down to buy some.. Just getting back to the hobby after 15yrs. Cutrently going through 2nd round of radiotherapy for a brain tumor along with a secondary tumor in my lymph nodes. Have decided I wanted to have a small piece of my childhood while I have the chance. Let me know if interested in doing a full bulk lots. . Much love and peace, ✌️
@WhenPokemon
@WhenPokemon 4 жыл бұрын
Really great information =) Thank you for sharing!
@pokenomics
@pokenomics 4 жыл бұрын
Glad you enjoyed it!
@WhenPokemon
@WhenPokemon 4 жыл бұрын
@@pokenomics it was nice to see someone share the same experiences as me so i dont feel too bad hahaha and nice to learn from some of your experiences
@pokenomics
@pokenomics 4 жыл бұрын
@@WhenPokemon We were all new once and a lot of us I am sure made the same mistakes. Hopefully new people will come across this video and it can save them a little time and money.
@Christopher-gm2yn
@Christopher-gm2yn 4 жыл бұрын
Thank you this video it helps a lot I am currently going through these stages 😂 I must say I am also reasonably risk averse. And have made some questionable buys, however lucky enough I could still get rid of them without losing to much. I was wondering if you could do a video on card valuation. I.e. having photo’s on a dark background, whitening, bends and scratches on the holo. Due to the mistakes I made I nowadays only get my cards from trusted sources. Meaning I am probably missing out of good deals I think Thanks for the video, looking forward to the next
@pokenomics
@pokenomics 4 жыл бұрын
I think this is a great idea for a video!
@reallifepokemon1453
@reallifepokemon1453 4 жыл бұрын
Jake, great video, love hearing your take on the entire scope of Pokémon card collecting. My question for you is about psa re-grading, do I have to pop it out of the case of can I send it in still in case for re-grade?
@pokenomics
@pokenomics 4 жыл бұрын
I don't regrade myself as I don't like messing with the pop reports and I have never had anything too egregious, but I know that a number of people do. So I am not the best person to ask for this. It is a good question though! I think rhyme style does this a decent amount and would have some good suggestions.
@SkillFreeze
@SkillFreeze 4 жыл бұрын
Great vid, you earned yourself a new sub! Randomly stumbled upon your channel because I've been looking to buy some cards for the first time (well since I was a kid at least). Is tcgplayer a good place to buy some? I'm not really willing to spend hours on ebay and amazon to find the cheapest deals so I'm looking for a trusted place to buy reasonably priced cards.
@pokenomics
@pokenomics 4 жыл бұрын
They are generally okay, but some people have had issues with them overstating card quality and or not shipping your card very safely. A lot of people have had good experiences with them as well though, so I guess not a sure thing but not terrible. Generally buying directly from a trusted seller on ebay is a good choice. Ebay can also be very quick just search the card you want and go by lowest option. Check it against recent sold listings to make sure you are getting a fair price. TCG player can be a good place as well to determine what the raw card is selling for. Best of luck on your search!
@SkillFreeze
@SkillFreeze 4 жыл бұрын
@@pokenomics Thanks for taking the time to give me a detailed response, I appreciate it. I live in Europe which seems to be unfortunate considering shipping costs, but not much to do about that.
@ZenturionXYZ
@ZenturionXYZ 4 жыл бұрын
I think there is an inconsistency with grading which is the problem. For example I sent in about 30 cards got them pre-screened by Ludkins, which they tell you all the flaws they find on the card and tell you what grade they expect you to get for each one. Of course it's not 100% accurate, it's just their best guess. Either way the cards that came back with just off center issues even if it was a tiny bit off center, none got a 10. Other than a slight off center there was nothing wrong with them. That's from me looking at them prior, Ludkins looking at them and then me looking at them again after grading. In some cases a card that was just off center even came back as an 8. The majority of the cards that came back as 10's were Japanese full arts, and Japanese cards from the WOTC era. However I have seen 10's out there that are just as off center as the ones I got back, and even with a little issues like slight silvering, or white specs on the back. So perhaps the grader looking at my cards was a bit more harsh than another grader? None of them came back with the OC qualifier. That's just my experience so far with sending stuff in for grading. Of course everyone is going to have different experiences. What are your thoughts on CGC Card Grading? Storage is certainly expensive, I know I have overspent on storage. Nothing sitting around I am not using. But yeah I bought a bunch of binders and I also like the binders with that leather feel and harder cover. I went to BCW Pro-Folio TX binders. I love these.
@pokenomics
@pokenomics 4 жыл бұрын
I will talk a little about CGC in the upcoming Q and A video. Definitely agree slash can relate to the rest of your point here!
@ZenturionXYZ
@ZenturionXYZ 4 жыл бұрын
Pokénomics with Jake & Raffi nice! I plan on sending cards over to CGC. Have them ready to go just need to pull the super expensive trigger and checkout lol.
@pokenomics
@pokenomics 4 жыл бұрын
@@ZenturionXYZ Oh cool! Will be interesting to see what their turn around times are and what the cards sell for initially on the open market.
@ZenturionXYZ
@ZenturionXYZ 4 жыл бұрын
Pokénomics with Jake & Raffi there are already some up on eBay and I think the seller listed them at ridiculous prices to feel out the market for them.
@ptcghustler5406
@ptcghustler5406 4 жыл бұрын
Mistakes being made in the market is really growth somewhere else. We all have big ones, I have 3 off the top of my head that I turn over in my head over and over, but like any other investment standpoint we cant get emotional about these mistakes. We have to be rational about what we are dealing with learn from our mistake and turn it into a fundamental no no from now on. Learn from it and move on.
@yournansallotment794
@yournansallotment794 4 жыл бұрын
I Get what you mean by buying bulk but I bought one lot quite recently, would never guess 1st edition charizard chilling in there got a psa 4. only just got it back so literally made like 30x my money. Not going to sell it though it’s now my special card and a sign of hope to me I guess!
@pokenomics
@pokenomics 4 жыл бұрын
Nice!
@KuroVFX
@KuroVFX 4 жыл бұрын
I think a good tip for people starting out is to not rush to build a collection , when i first started I over brought which sometimes would lead to me over paying or buying things without doing enough research which caused me all sort of problems and losses. This connects to another tip which is always research what your buying and dont buy out of you knowledge range , so for example if you have more money than most but are still new to collecting dont just jump in buying a £2000 card without researching into pop count ect ect ect. I feel like people feel very rushed starting out to catch up or dont want to miss out on things they have seen other people buying. i think people should really be taking it slow when starting out so there able to buy cards they actually want to be buying and can collect for enjoyment and not just buying simply for an investment or to make profits it also lets them build up there knowledge so they know what is worth what and just gain more knowledge in general about the market and stuff and it also allows them to find what they personally enjoy . i feel like doing this leads to natural profits as what you enjoy other people are bound to as well its what keeps this community alive people who simply enjoy owning the cards weather its becuase of the artwork , pokemon ect. (rushed typing this so many mistakes but i hope its readable , also typed before i watched the video so i hope you didnt already say this lol ) also would love to see the video of what sleeves ect you use
@KuroVFX
@KuroVFX 4 жыл бұрын
also dont be scared to start out even if you buy a 20-£40 psa card you think is nice starting somewhere is better than not starting at all because you scared of losses ect
@javipena93
@javipena93 4 жыл бұрын
this is some of the best advice I've heard for new guy's. Awesome comment.
@pokenomics
@pokenomics 4 жыл бұрын
I agree with you. I believe in starting with small purchases till you figure out what you like and where to best put your money.
@YouSayBooyah
@YouSayBooyah 4 жыл бұрын
I dont feel ive made a great deal of mistakes, I just wish i zeroed in on what i wanted the most quicker. When i got back in the hobby i was buying modern boxes, raw modern cards and some vintage psa cards, but later realized what i wanted the most is the vintage psa cards. Wish I had put more money in the vintage psa cards instead of literally trying to catch em all across all eras of pokemon.
@pokenomics
@pokenomics 4 жыл бұрын
Definitely something that I think a lot of us can relate to. Takes a while to zero in on what you love and realize that money is not endless. At least for most of us:)
@redhalvadzic7039
@redhalvadzic7039 4 жыл бұрын
As a very new collector in 2020 I’m struggling to understand where to spend my money mainly. Do I buy English or Japanese booster boxes for example the heartbeat booster box is out and I want to start buying for a complete set however do I wait for English sets to come out or buy Japanese what will have the most value in 5 years time.
@pokenomics
@pokenomics 4 жыл бұрын
I can try to cover this a little in the Q and A coming soon
@thatoneguy7684
@thatoneguy7684 4 жыл бұрын
Only made one regrettable purchase in my time of collection and selling pokemon cards. ALWAYS DOUBLE CHECK THE CONDITION OF THE CARD(S) BEFORE YOU CLICK BUY!
@AlistairLasken
@AlistairLasken 4 жыл бұрын
Hey Jake, is there a particular display case for PSA cards that you would recommend?
@pokenomics
@pokenomics 4 жыл бұрын
I have actually been looking at some different options as up till now I have been displaying my cards on stands. The PSA cases that the PSA company offer are really nice but very pricy so I am still shopping around. I am going to be moving into a more permanent living situation soon, where I plan to set up a pokemon room to shoot these videos and show off my collection, so I am holding off on a decision till then. Anyone else have any suggestions that they have used?
@pokenomics
@pokenomics 4 жыл бұрын
There is one for around 90 dollars on amazon I have considered buying in the past, has good ratings and looks like a pretty nice way to display your collection. Also has the uv protection which is important
@JohnDavies2612
@JohnDavies2612 4 жыл бұрын
Hey! What's the case called so I can look it up on amazon? Thanks!
@mAcroFaze
@mAcroFaze 4 жыл бұрын
I'm wondering what most people buy to end up profiting and buying what they actually want. Everything I've bought so far is something I genuinely want to keep for myself, so there isn't an intention to resell, but I'd love to know what people buy to sell in the hopes of earning a little extra which can then be spent on things you actually want within your collection :)
@pokenomics
@pokenomics 4 жыл бұрын
I did this to build my collection. Honestly it is just understanding the value of as many cards as you can so that when deals come up you can jump on them and resell them.
@mAcroFaze
@mAcroFaze 4 жыл бұрын
@@pokenomics Thank you for your insight as ever! :D
@MR-fl6ul
@MR-fl6ul 4 жыл бұрын
i’ve been selling my old video games, dvds and graphic novels. Video games have been hot items in my experience. Just bought 2 sets of X-Men and Marvel cards from 92 cards bc I can finally afford to own them all and always wanted them as a kid. I’m getting into pokémon now, wish i had collected them when i was a kid bc I used to actually put my cards in a binder and i found said binder in the garage with perfect cards. Womp womp. lol
@jazzs9934
@jazzs9934 4 жыл бұрын
Big mistake in Pokemon Card collecting and investing is FOMO....there are so many cards that werent selling pre covid, I was simply buying these slowly or buying them if they popped up in auction so i could get the card 10% cheaper....some of these cards are now 5-10 times the value...i refuse to believe the demand has increased 5 to 10 times....rather the supply has been temporarily cut off. One thing to help the case of the prices holding though is those genuinly rare cards such as neo cards with low pops, dark magnetons, jungle snorlax, various gold stars will definetly hold or drop by much smaller amounts. I have real concerns for people who are paying crazy prices for psa 9 dark charizards, unlimited base, jungle and fossil which was easily acquirable for long periods of time and it is only due to the hold up with psa the prices have been driven high, further compounded by people believing its the value increasing thus making the increase even higher! I brought the entire set of team rocket 1st edition psa 9 1 year ago in auction for less then what the dark charizard on its own goes for at todays prices, that isnt sustainable and the demand/supply doesnt swing that fast, it never has in 20 years of Pokemon Cards. So in summary, 1 mistake is to panic buy believing the value will only ever go up so its ok to buy at any price.
@pokenomics
@pokenomics 4 жыл бұрын
Completely agree
@willc4095
@willc4095 4 жыл бұрын
Appreciate it the video man
@pokenomics
@pokenomics 4 жыл бұрын
Glad you like it!
@bustascammer5514
@bustascammer5514 4 жыл бұрын
Another advice: Don't buy from thecardconomist AKA theSCAMconomist.
@隠れた
@隠れた 4 жыл бұрын
I’m in the process of a big deal with him wats wrong?
@bustascammer5514
@bustascammer5514 4 жыл бұрын
@@隠れた watch all of this youtuber's videos. then join pokemon discords like e4 and ask about "theecardconomist" and watch how big collectors warn you. thats how i learned about him was through e4 discord and witnessed him LYING on stream myself
@bustascammer5514
@bustascammer5514 4 жыл бұрын
@@隠れた many big collectors and youtubers are speaking out against him because they see through his lies and high prices. be very careful when you buy from him. dont let him fool you. dont be like those other idiots who buy from him
@tjohnson1770
@tjohnson1770 4 жыл бұрын
@@bustascammer5514 I lost faith in humanity after i saw a couple of his streams. It's because we have such an unethical seller like him in the Pokemon community and people who are THAT stupid to buy. If those people were to look around, they could buy almost everything of half the price or even 1/3 of what he's selling.
@thatoneasian7351
@thatoneasian7351 4 жыл бұрын
Hey Nancy you may remember me you may not but why go on this crusade against tcc? I don’t buy from him either but the people who do purchase from him see the prices and click buy anyway, if they don’t want to do their research then they pay for it, it’s their money at the end of the day
@Always_Hustling_UK
@Always_Hustling_UK 4 жыл бұрын
Yep made all these myself 😂😂
@gamechanger4193
@gamechanger4193 4 жыл бұрын
This video it's like we have had the same problems over the years 😂 I'm wishing you luck with all of your future endeavors hope you do the same for me.
@pokenomics
@pokenomics 4 жыл бұрын
Thank you! You too!
@anthonybattillo6785
@anthonybattillo6785 4 жыл бұрын
I would be instrested in buying your bulk even though its not nm
@pokenomics
@pokenomics 4 жыл бұрын
Haha perhaps some day. Maybe I could give it away to you and other people on the channel. I moved recently and it was not fun dragging those cards around.
@Possu81
@Possu81 4 жыл бұрын
What do u people think is it a mistake to buy with these highly spiked prices? Just coming into this hobby and seen spikes on other games would say -50% is possible especially on most spiked stuff. Unloading this _never before seen amount_ of graded cards from PSA markets probably take hit.
@pokenomics
@pokenomics 4 жыл бұрын
I think it is likely that some of the new supply from PSA hitting the market soon will lower the prices. But nobody knows this for sure.
@Possu81
@Possu81 4 жыл бұрын
What is your opinion of mtg investing? Could u see yourself to collect mtg in some point? If not, what does it not interesting?
@pokenomics
@pokenomics 4 жыл бұрын
I just didn't collect it when I was a kid. Raffi does collect some MTG and likes it. I like it to and could possibly collect some of it some day if I ever feel finished with my pokemon collection. But for now all my budgeting money goes to pokemon cause I still have so much left I want to own.
@jesusgtz
@jesusgtz 4 жыл бұрын
Oh you're one of those collectors.
@pokenomics
@pokenomics 4 жыл бұрын
Not sure what you mean lol:)
@gamechanger4193
@gamechanger4193 4 жыл бұрын
@@pokenomics I think he means like that your collecting to make money at the same time, which there is nothing wrong with that most of the biggest collectors also sell cards it's healthy for the hobby for collectors to do this.
@pokenomics
@pokenomics 4 жыл бұрын
@@gamechanger4193 I am actually collecting just to build a huge collection. I am very careful with my money and sell cards sometimes but only to reinvest it back into the collection.
@jesusgtz
@jesusgtz 4 жыл бұрын
@@pokenomics 02:17 the, I only collect mint cards unless it's a trophie/chase card. Collect how and what you want. Don't let me yuck your yum. Reminds me of a "TrU cOlLeCtOr"
@halfghosthalfling323
@halfghosthalfling323 4 жыл бұрын
it's not a mistake if you get it for 1/2 price
@pokenomics
@pokenomics 4 жыл бұрын
that is true half price is always good:)
@joeyparker4685
@joeyparker4685 4 жыл бұрын
I sent 50 perfect cards to GMA GRADING and regretting spending that money on gma over PSA
@joeyparker4685
@joeyparker4685 4 жыл бұрын
So I cracked the cases and sent to psa lol
@mariovalenzuela7153
@mariovalenzuela7153 4 жыл бұрын
Pokemonpice.com list buy it now prices. I know because I bought a wailord ex with best offer of 225 but the web site reported the 300$ but it now. I their web scraper isn't that refined. People should be aware
@pokenomics
@pokenomics 4 жыл бұрын
Definitely true, pokemon card price is innacurate at times. Always got to compare it to sold listings using flipper tools.
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