I Maxed Out My Credit Card Buying CS2 Investments
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- čas přidán 5. 06. 2024
- Todays Sponsor SkinSwap: skinswap.com/r/mastershiny
Today we talk about some interesting developments for the csgo investing market. This includes some important information that needs to be said regarding my position. We talk about Valve's latest updates, CS2 Updates, Any new csgo investing or CS2 investing information, operations, Paris sales, and what is next! Valve's newest update and why it could be terrible for investors.
My Investments
docs.google.com/spreadsheets/...
Discord / discord
TWITCH / mastershinyyt
2ND CHANNEL / @mastershinyupdates
Thanks for watching and I hope you enjoyed. Today we talk about the CSGO Market. There is a lot of speculation on what is good investments and what is not, and this is the best place to come to for the newest investments. These are very low risk, but decent reward investments. I hope you will like and Subscribe. Leave me a comment on what you think about the different investments and their potential. This is not investment advice and I am obviously not a financial advisor.
My Steam
steamcommunity.com/id/MasterS...
My TradeLink
steamcommunity.com/tradeoffer...
Maxing Out My Credit Card: (0:00)
How To Buy Skins: (0:15)
How Investing Works: (1:17)
Operations: (1:20)
Majors: (2:54)
Case Market: (4:38)
Buying On My Credit Card: (6:10)
Beating The Credit Card: (8:29)
Testing if this has any effect
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Bro is absolutely broke if the credit card is only $500.
I mean he is a cs2 creator
It’s the novelty of the video…
its pretty dumb to have alot of money sitting in bank nowaday
@@ahtomogger9969 First off all, 500 usd is definitely not considered a lot of money, especially not in your bank account. And second, hes talking about a credit card, not a bank card. Credit cards dont store your money but give you a "credit" for 30-45 days which you have to pay from your bank account. Hence the name CREDITcard
Never said ALL his credit cards my boi
Nice one bro. Thanks for posting, it really helps me to see whats happening in current market state MUCH LOVE BRO MASTER SHINY ON TOP. I WILL ALWAYS SUPPORT YOU 🎉😊
Thank you sword art:)
Bro you are saying the same shit but on a different week
Then stop watching it?
What do you want to see?
Don't hurt ma boy Shiny😢He makes us content for free 😭
facts
nothing new= check the changes, access if anything has popped up. i agree that maybe a longer stretch between vids could help them feel less the same, but thats how it is, just jump in every 5 days
Interesting concept, while theres a solid chance you will beat the credit card interest rate in growth, you also have to consider that carrying a CC balance would reduce your credit score, resulting in higher interest rates down the line on a mortgage etc. Those higher interest rates are probably going to screw you more than the amout of money you made investing into cs. also thanks for the shoutout hehe
Bruhhhhh.. if your credit card(s) is $500 max you ain't buying nothing big anytime soon.
@@resellpanda88 its just a factor to consider
Yeah I mean it’s not ideal to do this…
@@MasterShiny pay it off next month and just calculate the interest rate for the video
@@fagadafa I did at the end...
is it advised to spend roughly $50 on lets say the prisma 2 case and still make profit or try and save for a bigger amount of cases?
Depends on your budget and what you want from it :)
I do enjoy his videos but he talks like he just snorted a line of coke.
:/
@@MasterShiny dont worry man i still watch and will keep watching. I started collecting cases when they announced that bravo cases were going to be discontinued. Got most of my cases and they are old cases for .01 because that was the credit they got to buy from my inventory. So it took alot of cases for the good stuff.
now this is a series that i can get behind, cheers if you beat the interest rate
Glad to hear that :)
i got an operation breakout 2 weeks ago from the exp level up i thought u said they couldn't be obtained anymore (apart from being bought)
Show proof
@@MasterShinyi meant operation breakout not broken fang
@@cs2n1ghtmar3 yeah operation breakout is still dropping
Where do you get estimated supply of crates graphs from?
Not publicly available currently :(
@@MasterShiny any suggests how could i check the supply without this site?
Where do you sell your cases for max profit?
Third party websites
@@MasterShiny any specific ones?
@@MasterShiny which one
You could borrow money from a relative at far lower than 30%, so you should do that instead if you know for sure what you are doing. Do not borrow from the banks, borrow from your friends and relatives, the interest is going to be much lower.
Obviously it is not smart to borrow money to invest, its the novelty of the video
Bro has DOG credit 😭😭😭
Actually this video was made with you in mind, so it seemed realistic for you.
WE BE GOING BROKE WITH THIS ONE 🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🤑🤑🤑🤑🤑🤑🤑🤑
Bruh
People on the comments not liking the concept, lol.
Good luck on the investment tho.
Yeah, some are not in agreement of it
Isn't this kinda szupid? Why use the credit card with 30%? You only break even IF you get the 80$ after 5months when you could've just not used a credit card and make 80$ profit? Taking a loan for an investment kinda seems stupid for me, but hey you do you.
Plus tax.
I mean yeah, that’s kinda the point of the video
@@MasterShiny Then I don't get it. At everyone of you guys. Dont take debt for cs skins even though you might think it's a good decision. Investment on debt is not a good idea. Just safe up the money to buy it directly.
It’s a fun, lighthearted question of if I can beat the interest I would accrue on said investment. It’s not meant to suggest people to do the same
@@TabTonic correct. this sort of "put it on credit" attitude was not even good for bitcoin unless you made the miracle run. its a lesson on economics
Cant wait for Copenhagen to go in sale
Soon hopefully
Valve are about to hit the optimal speed run of slowest release of stickers, followed by slowest to go on sale, followed by on sale until next major
why not buy snakebites?
There is a lot of development needed for those cases. Therefore, in 6 months, I dont see enough short-term value
@@MasterShiny oh sorry sorry i totally forgot about the 6 month period so clueless lol
Yeah all good, its just a longer-term investment for those
Btw vid idea invite 2 viewers give them 100 bucks each and let them invest person who wins keeps both balances
not something people have a lot of interest in watching unfortunately
@@MasterShiny fair enough
that would take a long time lol like months
I would not recommend maxing out a credit card if the investment goes down which is possible because the cs2 market is very volitile or if valve choose to change something like the case drop rate it could nuke your investment or even if just less people start playing the game causing you to not be able to pay off the card and ruining your credit card if you are gonna use credit cards only use it for things with gauranteed profit for example marketplace to marketplace arbitrage but best thing is to avoid a loan as a whole
Yeah this is obviously not something I would recommend to people
gawddd damm
???
disappointed
How so?
😂😂 you might as well get a job and make $500 per week profit
Wow, really?
@@MasterShiny yeah dude minimum wage $15-18 x 7 hours a week that's like $525-630 a week
credit card with 500$ is not a credit card lol
It’s the novelty of the video…
?