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Should I keep buying to sell or just stop altogether?

I've noticed lately that i've been making decent money selling off the coins of my collection. Cause as you guys know i'm not collecting coins anymore. I figured I will make on total with all I have about $1000, maybe more, I know not much, but for a kid, that's cash. Would it be a good idea to take my knowledge of coins and keep buying good deals or things that sell hot or fast to make more money. The money will be going toward my bank account to help out for college, insurance, and gas money. Should I do that or will I end up losing money in the long run? Anyone do this as like a second job or hobby and make decent cash. I know many of you sell to get rid of junk, but i'm talking about buying stuff at shows or from dealers, or maybe even stuff from circulation and putting them up for bidding to try to make profit. Tell me what you think, cause I think i'm going to start buying some more in the coming months. Oh yeah, how's it going guys?image
Scott Hopkins
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.

My Ebay!

Comments

  • Capitalism is buying low and selling high. If you have an interest in making money why not. It doesn't matter if its coins or apples. Do it if its worthwhile to you!
  • WindycityWindycity Posts: 3,501 ✭✭✭✭✭
    Have fun and learn the business. If you have a good eye, can recognize value, can negotiate on price and are willing to take some risk, you never know. You might be the next Davids Hall.

    <a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website

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