top | item 26969328

Ask HN: Is buying first edition packs of Pokemon a good investment?

2 points| throwawaycodrrr | 4 years ago

Genuinely curious about people's opinions. Please don't write it off because it seems silly...

To add: One of the problems is that some are 'heavy' in certain packs so maybe people only sell the light ones but dont say theyre light? But maybe that's a bad way to determine whether they have holos.

12 comments

smt88|4 years ago

No. If they were, a lot more people would be buying and trading them.

Trendy assets with no intrinsic value (e.g. trading cards, NFTs) are high-risk.

Assets like land and housing have utility. Assets like stock are supposed to have value because you have a share of the profits, although many people still speculate on public markets.

Put your money into something you use first, like a home purchase. Even if the price collapses, you may still be saving yourself money every month vs. renting.

Then move to something that generates value, like a high-yield index fund.

throwawaycodrrr|4 years ago

I appreciate the response. But the mentality: other people know best, means you're always second to the party. I'm looking for high risk :)

CA0DA|4 years ago

Seems like it matters if the popularity of Pokemon will go up or down in the future. Hard for anyone to know for sure.

throwawaycodrrr|4 years ago

Here is what I was looking at: https://trends.google.com/trends/explore?q=pokemon&geo=US

smt88|4 years ago

Popularity of Pokemon cards, not necessarily Pokemon as a whole

andrewfromx|4 years ago

yes, but scan each one and make an NFT of them on https://opensea.io

smt88|4 years ago

You don't need to own a card to make an NFT "of" it. You can just make the NFT.

throwawaycodrrr|4 years ago

is this a facetious response or genuine? I don't see which create an asset backed NFT is such a bad idea actually... you could write a smart contract that requires a minimum amount of USDC to buy.