3 ms·
I think a 1:2 capital:revenue ratio is what I would call "medium difficulty" mode -- you should know what you're doing and don't need to be insanely perfect in
by nlh 3y ago
I think a 1:2 capital:revenue ratio is what I would call "medium difficulty" mode -- you should know what you're doing and don't need to be insanely perfect in every call. So to make $10-$20k annually, putting $20-40k to work should do it.
But you never know - I've had double-ups on some coins, so you might buy a $10k coin and make $10k in a single deal if you know what you're doing :)
- dogman144 3y agoTy! I’ve got the time and capitalization to try this in that case. Grew up interested in stamps so sounds like time to re-engage in a way. Appreciate the unselfish discussion and details.
- nlh 3y agoShoot me an email (see bio) and I'm more than happy to help in any way I can. The other wonderful thing about this hobby/business is that for the most part more dealers !== more competition, since there are so so many different facets of the business it ends up growing the hobby more than not. Happy to help you find your niche.
- dogman144 3y agoWill do next week. Thank you!