Why Investing in Sports Cards Is Taking Off | Niche Markets | WSJ
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- čas přidán 22. 09. 2021
- Since the pandemic began, reports of former hobbyists digging up their old collections and discovering a windfall have not been uncommon.
A new crop of entrepreneurs is betting big that trading cards are no longer just hobbyists’ collectibles, they're serious investment assets. In this episode of Niche Markets, WSJ speaks with entrepreneurs who have found success in the booming trading market. Photo Illustration: Alexander Hotz/WSJ
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I once heard someone saying that we, humans, have a very different ideology for valuation of things. Once our basic needs of Food, Water, Shelter, Security and Internet is over, we go crazy about ho we value things. "Valuations, after a point when all necessities are covered, is all about psychology, the purpose, the asset serve doesn't matter outside the realm of survival necessities."
Everytime I see a Car auction or million dollar paint sell or NFTs...I always get reminded of this qoute, and couldn't agree more on it everytime 😌
Internet practically *is* a basic need... right...
You sound like an Amway speaker.
@@theyugiohempire7358 wut? What does that even mean 😂
@@Satadru74x9 that cards/NFTs are a massive speculative mania.
@@theyugiohempire7358 so how does that make me an Amway speaker 😅
Winning at sports card investing is quite literally all about playing your cards right.
Trading cards (like stock market, real estates, other collectibles…) will go up and down with how much money is in the market.
I did some research for one of my videos and I was surprised how there’s almost a separate economy and market for cards.
This video was the bell that rung in the top. When it goes mainstream, you're too late
I collected as a kid back in the 90s and fell in love with it again in 2018!! Not only do I make a decent profit but I enjoy the collecting aspect of it and I'm a huge sports fan so it's fun for me and people who don't understand it or are hating on the hobby are the ones mad they didn't keep their collection as a kid like I did lol!!! I stick to basketball and football since that's what I know!! The hobby has grown imencily and I hope greed and overprinting does not send us into another junk wax era!!
its already happening
When a society has more money than it needs.
People: create nfts
Duel masters, vanguard, Pokémon: hey!
I did not know the card market was so sophisticated. There is definitely opportunity in investing in the card market.
Great video behind the big money of sports cards 📈✅🤩
Does anybody know of any of these sports card investing company NYSE ticker symbol?
I feel like a boomer trying to understand crypto 😂
Same
Very cool
Nice video.
There's too much money sloshing around if hedge funds are putting money into this
I like how they misspelt Niche as nice, but it still means a good thing
crazy
My card collection was set to be worth millions until the Mitchell Report
I have a closet shelf full of binders and binders full of these things.
🔥🔥🔥
end of an era
Can nfts replace trading cards in the future?
I think there is a mistake in the title
Where can you go to find the price of a sports card?
ebay sold listings usually give a good idea
crazy business and the way of collecting money.
I think the value of these cards do not come in what someone is willing to put in them money wise but based on how many people think the whole idea is stupid, they are essentially a possible future convert, thats value. if everyone is in on it the boat already passed and theres no more value, get it?
Perfectly put. 💡
Sports card rising……maybe for ultra high end stuff, goats, vintage…..but most ultra modern / modern stuff has dropped in value since march/ April 2021…..get the facts right WSJ
"Collecting" cards yeah right. Everyone is SPECULATING on cards to collect MONEY. Get your story straight, WSJ.
can they be used in casinos?
Your mom is still right. It is only worth what people want.
Speculation resell markets are the worst. Idc if you are selling cards or antique cars
A few kids I know, make hundreds of dollars "Shorting" trading cards
How?
They borrow old cards before the new season comes out, and sell them
When the new season comes out, the value of old cards go down (cards which are 1-2 years old) so they buy them back and repay it
I was a comic book collector and was never into sports yet alone sports trading cards but my mother ended up buying them at the flea market years ago because the lady wanted to get rid of all her comics and sports cards and sold it to my Mom very cheaply.
which years/sports? i might buy
@@airplayrule I don’t think they are worth anything. Most of them were Topps from the 90s
@@jon6309 Dang. how many? so you're going to let them collect dust then toss them?
Seems like sponsored content for sports-related NFT’s
I see the sports card market still based on "supply and demand , so in a way that guy's mom was right.
Collecting cards is a gamble,buy low sell hgh
*is* transforming. Generation is singular. The word “enthusiasts” is part of a prepositional phrase.
This is SYMPTOM of currency becoming worthless. HYPERINFLATION INCOMING.
This is SPECULATING at best
Grading company is making a lot on people buying worthless cards 90s all over again
Totally agree. The grading companies are thieves, and are ruining the card collecting hobby.
NFTs: i'm about to end this man's whole career
Lol. Yes. The innovation and possibilities are endless with digital.
I own 2 cards. If I'm lucky I'll make 5 or 6 dollars after I'm gone.
Messi cards 🐐📈⬆
Nothing and I mean nothing is like opening a pack from the 80’s or 90’s. Even packs today. It’s like opening a wonka bar and trying to get a golden ticket. It’s just hope and fun. There’s nothing like sharing a fun hobby with your dad or son. My grandfather collected cards, my dad/uncle collect cards, I collect cards, and my sons will. And all of those cards will go to me then to my sons. Eventually they will have a giant value to be life changing but at worst it’s a fun hobby that’s brings great memories of not only the players but watching with family. My only thing that pisses me off is that you can hardly find packs now.
I can't make money on baseball because steriod or PED. I stop collecting baseball cards.
This is the most realest hacker I have ever known i trust her so much contact 👆
I am waiting Konami to publish its first Yu Gi Oh NFT cards
The problem is, it´s a trend, they might be worth nothing in 30 years, if the interests of people change.
theyre goin down as we speak..there was a lebron that was getting close to 2k a yr ago now its 200..thats jus one example..there are thousands
Nerd 🤓 Alert ⚠️ 📢 😳 🤣
Careful keyboard warrior. Nerds come in all shapes and sizes...
Bitcoin is the feature investing in it now is the wisest thing to do now especially the current rise
I actually started investing in bitcoin before lockdown now I have make Profits more than I expected
Stocks are good but crypto is more profitable
That won't bother you if you trade with a professional like Mr Benjamin
I heard that his strategies are really good
Yeah
My first Investment with Mr Benjamin earned me profits of over $24,320 US dollars and ever since then he has Been delivering
money laundering
I don't see a value for these. waste of money...I can download any card and print it whenever I want.
lol and u will have a worthless piece of nothing...have fun
@@LITMOVIESCENES would love to see his face when his cards get authentication. 😍
Lol yea goooood luck with that. Can't believe you really just said that but ya...best of luck! Hahaha
@@ChristopherDimassi lol there are actually morons making their own cards LOL.. i hope they arent sending them into psa lol..
Yeah. Like you can print the mona lisa painting in high resolution ang make it as your wall paper. 🥸
it will die off again..its already happening...the next fad will arrive soon
2023📉💀
LOL.. Garbage
This is the most realest hacker I have ever known i trust her so much contact 👆