Quote:
Originally Posted by KhalDrogo
Please note that he did not mention he was keeping any of the cards he ripped. He sells the cards so he can collect more vintage. That’s just gambling and flipping. It’s not collecting.
That model is not sustainable over time when the EV is so poor. Especially as we see continued legalization of sports betting.
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He did NOT say he sells the cards SO he can collect vintage. He did NOT say he can't afford to rip and keep the cards. He sells because he does not want the cards, not because he has to. That's what you don't understand. People can sell things even when they don't need to. So the model doesn't need to be sustainable for someone like him. He specifically said he spends only money that he is fine with losing. That statement alone proves he does not need to sell the cards to sustain his collection. He simply enjoys the rip, but not necessarily the cards themselves. So he sells them. He doesn't need the money to further his collection, but that doesn't mean he can't use it to buy cards he wants.
I'm like him in many regards, except for one. I don't even bother to sell the things I open. While I don't open all that much wax, I do buy several boxes a month for my family and I to open together just for fun. My PC is 100% Reds, so the vast majority of what I open is not part of my PC. But I don't care to sell it, so it goes in a box and just sits there. I lose 100% of the money I spend on opening boxes. And I'm fine with that.
