So my dad said he would "invest" in me if I were to find a way to monetize my magic playing. There are basically 3 ways of doing this: buying and selling cards, writing articles, and winning at cash prize events. Now, we can strike out the first one for a ton of reasons: budget, transportation, time, location, etc. An article could work, but I'd have to find someone to accept them. That leaves buying and selling. This would require me to keep an eye on the various prices of magic cards and have a buyer. Which of these do you think would be best, and does anyone have tips on how I could improve on how to do either of these?
Get multiple sponsors.. Buy a box, next month buy another box. Keep doing this until in one year start selling the first one you bought.. Double your money:)
And why would a random company sponsor me? Also, fourth option: youtubing.
1. Buying/Selling: this works but you have to be semi dedicated to it. Use imtg as a resource. I've made small-large profits by simply buying the cards that jump in price before my LGS adjusts it. Also knowing the value of things is crucial if I see a good deal at my LGS (even if its $1 off) ill snag it to trade up.
2. Writing articles: it's tough bc most people just read the pros articles bc well they're pros and they play at PTs and GPs every weekend whereas you probably only do FNMs no shame in it just saying.
3. Playing at competitive events: it's tough. I've played at 2 "big" tourneys both times I went even (4-4, 3-3 respectively) both times I played my rogue deck. So it's possibly to succeed but you need practice and people to play test with or else you will likely stand little chance :( but good luck
Post a YouTube asking for a sponsor. I know there are people that sponsor photographers.. So there has to be someone who will for magic..
(I am a photographer..)
Well don't want to sound negative but from what I hear from store owner is that it's really hard right now. The market is over saturated with ways to get cards. Yea at some tournaments you can make a decent buck but online has made it hard to compete. Also if your planning on buying and selling on line you need to have a distributor so you can buy in bulk for cheap. Yea you may be able to get a quick buck here or there but unless you go all in your better off getting a regular job for money
Start 15 years ago and you'll do really well
Quote from: Rass on February 20, 2014, 04:22:42 PM
Well don't want to sound negative but from what I hear from store owner is that it's really hard right now. The market is over saturated with ways to get cards. Yea at some tournaments you can make a decent buck but online has made it hard to compete. Also if your planning on buying and selling on line you need to have a distributor so you can buy in bulk for cheap. Yea you may be able to get a quick buck here or there but unless you go all in your better off getting a regular job for money
Hard to do if I'm 12 and that's against the law ;)
I say the box thing is your best bet. Also , ask in the price jumps and drops for opinions on individual cards
Quote from: Noblellama on February 20, 2014, 04:58:54 PM
Where there is a will there is a way
If Anne hath a will Anne Hathaway
On a side not William Shakespeare's lover was named Anne
That means Anne has a will
When there's a will there's a way
Anne has a way
Anne Hathaway
Shakespear married Anne Hathaway
Quote from: Potticus on February 20, 2014, 06:16:27 PM
Don't buy boxes and try to sell them. That's stupid. You will only lose money.
The only way to efficiently make money is to have a good knowledge of formats and their growths. Use this to purchase singles and sell them at a later time.
Really depends on what you can get a box for. But you need to buy a bunch and have them ready on day one when cards are way over priced.
Quote from: Noblellama on February 20, 2014, 06:18:00 PM
If you happen to be sitting on sealed boxes of rise of the eldrazi you might not agree, hell if you had sealed alpha you would be happy, but this logic only works in hindsight and cannot be forward applied easily
So you're saying I should invest in a time machine and buy goyfs at $3 and dualies at $10?
Quote from: Noblellama on February 20, 2014, 06:53:19 PM
Go alpha and buy power 9 and the like and every card ever that made a huge jump from a tiny price and jump forward in time to when it is it's most valuable...
I'll buy a foil jace and then burn the rest of the jaces ever made.
Roads? Where we're going we don't need roads.....
Quote from: Thetrufflehunter on February 20, 2014, 06:50:24 PM
Quote from: Noblellama on February 20, 2014, 06:18:00 PM
If you happen to be sitting on sealed boxes of rise of the eldrazi you might not agree, hell if you had sealed alpha you would be happy, but this logic only works in hindsight and cannot be forward applied easily
So you're saying I should invest in a time machine and buy goyfs at $3 and dualies at $10?
Dooleys were never under $20
Go Siri "dooleys"