Those that purchased expensive cards in Jan-Feb this year and are down big - Page 15

danimal875 · 06-05-2021, 11:37 PM

Quote:

Originally Posted by Brobocop

When the hell is wax going to follow singles? I’m following UFC Prizm and singles are going for lower and lower yet wax prices are still $1,200 a box. Are stores just being that stubborn or are people still buying wax at these prices as an investment?

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When the FBI finally shuts down group breaking where any kind of randomization happens.

Brobocop · 06-06-2021, 08:27 AM

Quote:

Originally Posted by danimal875

When the FBI finally shuts down group breaking where any kind of randomization happens.

Are group breaks still filling like they did though?

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ninjacookies · 06-05-2021, 11:28 PM

My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports.

Now I'm lucky to get a sale every other day. People aren't even making offers.

I don't even dare bother with no reserves. Straight BIN/BO with no chaser.

Steve88 · 06-05-2021, 11:34 PM

Quote:

Originally Posted by ninjacookies

My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports.

Now I'm lucky to get a sale every other day. People aren't even making offers.

I don't even dare bother with no reserves. Straight BIN/BO with no chaser.

Sellers market is over

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ninjacookies · 06-05-2021, 11:45 PM

Quote:

Originally Posted by Steve88

Sellers market is over

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Feels batman.

Not to fear. What goes around comes right back around.

All these new age melanin Kevin Maas kards will one day be used to tell cautionary tales to our grandchildren with lessons far more valuable than the paper they're printed on.

Spartyon · 06-06-2021, 12:44 AM

Quote:

Originally Posted by ninjacookies

Feels batman.

Not to fear. What goes around comes right back around.

All these new age melanin Kevin Maas kards will one day be used to tell cautionary tales to our grandchildren with lessons far more valuable than the paper they're printed on.

I’ve got faith in our government to continue with their nonsense. Should keep everything but dollars afloat

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ninjacookies · 06-06-2021, 12:50 AM

Quote:

Originally Posted by Spartyon

I’ve got faith in our government to continue with their nonsense. Should keep everything but dollars afloat

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*Houdini has entered the chat.

jw8 · 06-06-2021, 05:30 AM

Quote:

Originally Posted by ninjacookies

My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports.

Now I'm lucky to get a sale every other day. People aren't even making offers.

I don't even dare bother with no reserves. Straight BIN/BO with no chaser.

Sold a Brady yesterday but that was my first sale in almost 2 weeks! Literally nothing is moving. The offers I do get are ridiculous low balls.

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DajuanWagner · 06-06-2021, 05:45 AM

Quote:

Originally Posted by jw8

Sold a Brady yesterday but that was my first sale in almost 2 weeks! Literally nothing is moving. The offers I do get are ridiculous low balls.

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There is nothing in the world worse than low balls........

discodanman45 · 06-06-2021, 12:03 AM

Everyone needs to hold there Mosaic. One day this stuff will be vintage. Grade every card you can, even the commons at PSA for $300. It is time to go big right now. Pop 1 folks!

k13 · 06-06-2021, 01:24 AM

People were buying thinking cards will go up now everyone thinks the opposite so no one buying just waiting.

Reverse of FOMO.

BaseballKing · 06-06-2021, 06:19 AM

Quote:

Originally Posted by k13

People were buying thinking cards will go up now everyone thinks the opposite so no one buying just waiting.

Reverse of FOMO.

FOBI

Fear Of Buying In

jcardstore · 06-06-2021, 07:08 AM

We are currently in the anxiety phase as is obvious by all of the 2020 members constantly posting about the bubble bursting

SupermanBrandon · 06-06-2021, 08:42 AM

Quote:

Originally Posted by jcardstore

We are currently in the anxiety phase as is obvious by all of the 2020 members constantly posting about the bubble bursting

Can I still be in the Thrill / Euphoria stage?

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DajuanWagner · 06-06-2021, 09:30 AM

Quote:

Originally Posted by SupermanBrandon

Can I still be in the Thrill / Euphoria stage?

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You can. But why would you be?????

Akphillips86 · 06-06-2021, 09:38 AM

Quote:

Originally Posted by SupermanBrandon

Can I still be in the Thrill / Euphoria stage?

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I very much am still in this phase.

I bought into nearly everything pre COVID, killed it with soccer cards, sold nearly everything during the boom for “real life” stuff, and just holding onto some things I really like. I’m a fan of Zion and D Mitch so I’m trying to hold them for the long term.

Still selling off some scraps and grabbing some steals right now on auctions for some long term holds. Also, heading more back into the baseball market. I haven’t been this pumped about young talent in the MLB since...ever.

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Spartyon · 06-06-2021, 10:00 AM

Quote:

Originally Posted by jcardstore

We are currently in the anxiety phase as is obvious by all of the 2020 members constantly posting about the bubble bursting

Feels more like we are in the panic phase in the basketball market. People acting so dumb right now, looking at you K13 and your merry band of idiots

The football market meanwhile, I can say I have sold multiple football cards for a profit in the past week that I purchased this past March. But ya know, the whole card market is imploding, it’s all over, blah blah blah

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thenightman · 06-06-2021, 11:24 AM

Quote:

Originally Posted by jcardstore

We are currently in the anxiety phase as is obvious by all of the 2020 members constantly posting about the bubble bursting

Many are probably hoping we're close to the bottom, but based on my observations I think the hobby is still in the Complacency phase. A LOT of people still complacent about things. Hearing a lot of, "Market doesn't go up forever", "Now is a great time to buy", "This always happens in a market" type of talk.

Brobocop · 06-06-2021, 11:30 AM

Quote:

Originally Posted by thenightman

Many are probably hoping we're close to the bottom, but based on my observations I think the hobby is still in the Complacency phase. A LOT of people still complacent about things. Hearing a lot of, "Market doesn't go up forever", "Now is a great time to buy", "This always happens in a market" type of talk.

It's only June, my thinking is that as the summer goes on and people want money for other things, that money is going to be drawn from other areas. I don't think we are close to the bottom and honestly, I could see things going back to where they started. At least, a lot of the items that really aren't rare.

smalltown · 06-06-2021, 11:35 AM

Quote:

Originally Posted by thenightman

Many are probably hoping we're close to the bottom, but based on my observations I think the hobby is still in the Complacency phase.

I think so too.

sebreg · 06-06-2021, 11:47 AM

Quote:

Originally Posted by thenightman

Many are probably hoping we're close to the bottom, but based on my observations I think the hobby is still in the Complacency phase. A LOT of people still complacent about things. Hearing a lot of, "Market doesn't go up forever", "Now is a great time to buy", "This always happens in a market" type of talk.

I'm still a buyer for certain cards but the bleed-out for higher premium'd non rare ultra modern will likely continue for some time and reverberate thru whole ecosystem. So your take may be on the money. But like I say, some nice rarer goat cards, those I still chase/buy but risk abounds when it comes to playing catch a falling knife game.

Spartyon · 06-06-2021, 12:02 PM

Quote:

Originally Posted by thenightman

Many are probably hoping we're close to the bottom, but based on my observations I think the hobby is still in the Complacency phase. A LOT of people still complacent about things. Hearing a lot of, "Market doesn't go up forever", "Now is a great time to buy", "This always happens in a market" type of talk.

Agreed on some of the rhetoric, personally, I think we were in the complacency phase in March/April. Modern was getting crushed in Jan/Feb but you didn't see a rush to sell like we did in the middle of may there(seems like the initial panic selling has subsided to me). Maybe we are in the denial phase, which would be fitting. I just think we have seen a pretty bid decline, the complacency phase just doesn't seem right given the rhetoric around the hobby right now. People are not being complacent, there were straight fire sales all over the place 2 weeks ago

mbuch21 · 06-06-2021, 11:46 AM

If the chart is meant to indicate actual price levels, it appears we are somewhere around denial, with the steep drop of capitulation scheduled elegantly for the offseason...

tconte · 06-06-2021, 12:43 PM

I think anxiety is about right. The number of people who just kept buying is remarkable.

KhalDrogo · 06-06-2021, 12:45 PM

Quote:

Originally Posted by tconte

I think anxiety is about right. The number of people who just kept buying is remarkable.

As long as you didn’t keep buying what was being pumped and ultimately dumped, you are doing just fine.

06-05-2021, 11:28 PM	#3
ninjacookies Member Join Date: Jan 2011 Location: All the girls see the (boi)/ Look at his flips / Look at his kards / All they say is (oh boi). Posts: 56,509	My Ebay sales have definitely slowed. Was averaging about 3-5 days a day even as recently as last month. I sell all sports. Now I'm lucky to get a sale every other day. People aren't even making offers. I don't even dare bother with no reserves. Straight BIN/BO with no chaser. __________________ #5 world ranked Ledell Eackles superclection as recognized by Tuff Stuff junior managing editor, Barry McCaulkinner. Somethin' like a cross between Teddy Aguhob and Kaboom Mystery Packs. I got that Givenchy denim flow.

06-06-2021, 12:03 AM	#10
discodanman45 Member Join Date: Jun 2020 Location: CA Posts: 9,635 danch27	Everyone needs to hold there Mosaic. One day this stuff will be vintage. Grade every card you can, even the commons at PSA for $300. It is time to go big right now. Pop 1 folks! __________________ Updating my entire collection on Card Ladder. Lots to go... https://www.cardladder.com/showcase/IOBB7AY2qTVVKSgU9Aqj02kfF4I3

06-06-2021, 07:08 AM	#13
jcardstore Member Join Date: Mar 2014 Posts: 21,711 Jcardstore	We are currently in the anxiety phase as is obvious by all of the 2020 members constantly posting about the bubble bursting __________________ Just moonwalking through hell on my last brain cell

06-06-2021, 12:43 PM	#24
tconte Member Join Date: May 2017 Location: Marlton, NJ - Less Than an Hour from the Millville Meteor! Posts: 2,025 aconte	I think anxiety is about right. The number of people who just kept buying is remarkable. __________________ Numbered cards......this is no longer the way. If you invest in cards, don't forget Cecil Cooper!

06-06-2021, 01:24 AM	#11
k13 Banned Join Date: Jan 2014 Posts: 12,617	People were buying thinking cards will go up now everyone thinks the opposite so no one buying just waiting. Reverse of FOMO.

06-06-2021, 11:46 AM	#23
mbuch21 Member Join Date: Mar 2019 Posts: 294	If the chart is meant to indicate actual price levels, it appears we are somewhere around denial, with the steep drop of capitulation scheduled elegantly for the offseason...