Try Market Movers to track your collection: www.marketmoversapp.com

@annetteavery4930

9 ай бұрын

It is fun to invest in young players. Ridders lines were so low for season bets. He was at like 2800 yards and 14-15 tds

I love how you turned the criticism into a financial lesson for everyone. My mindset would be to sell for what I can get back, but after hearing your reasoning to keep, it definitely changes my mindset for future purchases and selling

The issue isn’t you bought a nice Ridder card. The problem is how inflated prices for Ridder cards were due to speculation and honestly content creators pushing prospecting.

@annetteavery4930

9 ай бұрын

Vegas had ridder as the lowest passing yards and tds

@leorank4910

9 ай бұрын

Just like stocks the big investors corner the markets and hope the athlete hS a great career

@jamesnguyen_1

9 ай бұрын

@@annetteavery4930nah mac jones

@ScoreWithVince

9 ай бұрын

Why are the speculations and prospecting a problem? All investment vehicles do the same thing - stocks with wallstreetbets, crypto with Discord and other forums, etc.

@Yo_hio_sportscards

9 ай бұрын

@@ScoreWithVince none of those are a problem. Speculation has always been a part of the hobby. The extreme over hyping of cards aided by influencer types who more then likely are holding the cards of those being hyped is a problem and it’s an unregulated one. Unlike stocks which have an oversight commission and have rules and regulations. Which isn’t perfect but people have gone to jail for market manipulation and such.

Respect to you. Think about the guy who paid 100k for the prizm Mac Jones 1/1 two years ago 😮

@bat2275

9 ай бұрын

😅😅😅

@TheBnicholas1606

9 ай бұрын

I remember the FIRST couple PSA 10 donruss BASE sold for 1200

@MarioLuigi-vb3rp

9 ай бұрын

Geoff has done this 857 times already. How many times does someone need to make a mistake before your like huh? This guy really doesn’t know anything. You fan boys are nuts.

@michaelcarter3127

9 ай бұрын

@@MarioLuigi-vb3rp damn bro quit drinking that haterade. If you don't like him, stop watching every video and move on with your life .

@ryanbauer8317

9 ай бұрын

​@@michaelcarter3127exactly. he owns his mistakes. sheesh. some people really have no lives, so their only source of pride is trashing people infinitely more successful than them.

First Lonzo Ball, now Desmond Ridder. These guys are long shot prospects of making it big.

Haven't lost yet, look at what happened with TLaw cards... Ridder could have a great 2nd season and prices go right back up.

@Concatenate

9 ай бұрын

And for every TLaw there are dozens of Manziels out there. It's silly to pour money into a guy that hasn't done anything.

Anyone who would trade an Ohtani signed card for Desmond Ridder anything should not be giving out financial advice.

The big problem is buying emotionally with teams or players you like. Emotions are wear this moves out of being an investment and it becomes nostalgia masking as an investment which will most often lead to money lost

@TR-ib7vs

8 ай бұрын

Prices will go up once they make playoffs

This is a true horror story that should be told to all sports card collectors

I'd maybe crack open the case and use the card as TP

Stick with the all time greats: Brady, Peyton manning, Dan Marino, Joe Montana, John elway….,

This is the best lesson I’ve learned from anybody in the sports card hobby. Around 2 years ago when all my cards were dropping in value. I was really hesitant to sell at a loss, so I was holding all my Zion etc.. I saw a video where Geoff mentioned that selling at a loss is often the best move, especially when there are other cards that you would rather have your money in. I’m 15 now and so happy I sold a lot of my cards when I did, I am so much more logical now when buying, trading and selling cards. Thanks Geoff.

Think of that ohtani now 😢

You shouldn't have to explain yourself tbh, the true people in the collectable card hobby do it for their own enjoyment, not to stroke their own ego

Geoff have a net worth of $20 million. While 79 % of Americans are living paycheck to paycheck. Geoff can take the loss without a sweat 😓 while the average American would commit suicide

@ryanadonis

Ай бұрын

I don't think its that easy for him.

The fact that he was even slightly tried to justify this 😂😂

@noahchappell8674

9 ай бұрын

He never said it ended up being a good investment. He just said why he made the investment. Ridder was cheap compared to other young qbs and he had a nice upside.

Don’t be confused. Geoff knows what he is doing. Social influencers use big cards to draw awareness to themselves and the products they sell. In this case Geoff used the purchase to promote his channel and the app. He probably only needs a few hundred new app subscribers to offset the losses on these cards. The views on the videos also generate ad revenue.

@jamesnguyen_1

9 ай бұрын

Bro he lives in atl he is a die hard fan

@fly_guy_roy3501

9 ай бұрын

🎯🎯🎯🎯

@chadfrenna3912

9 ай бұрын

This is brutally honest and quite disgusting at the same time. There's always been something off with this guy from day 1 and completely understand why so many people shoot him down constantly. His son's videos/channels are even worse, his attitude is just so condescending especially for younger kids 👎✌️

@bubblesnz1059

9 ай бұрын

I think comments like this are way off the mark. Like seriously how much money do you think that generated? an extra 10-20k views? another 10 app subscriptions? wow thats big bucks!! totally worth 10s of thousands. Seriously, just stop hating. Its not edgy, and its not smart

@soluscristus1

9 ай бұрын

@@bubblesnz1059 I love Geoff’s content and watch almost every video. I wasn’t criticizing him. I was just pointing out that he uses big cards to generate views and app purchases. That’s called marketing and he’s a pro at it. He doesn’t mention this in his videos so that’s why I pointed it out. He can justify these purchases in ways that most of us can’t.

Ridder was named the starter again. He will still have a shot

Geoff is such an eloquent speaker. He communicates his thought process and ideas so well. I might be the 1% of viewers who actually really liked your trade for the 1/1 Desmond Ridder. Since you are a Falcons fan, and for the 2 cards that you traded away, it was clearly a fantastic move, in my opinion. Most people just hate on big trades for no reason (jealousy, personal bias, can't fathom such a high value trade). I like that you got rid of those 2 cards for a 1/1, and it was clearly a fun risk.

Absolute guff and nonsense. ‘The smart thing to do is sell and not selling shows you are weak’ ‘I’m not going to sell as I like Atlanta’ No…. You have fallen into the exact thing you say others do who aren’t investors. Absolute nonsense from start to finish.

It was a $5k card. You just paid too much. Someone paid $2.5 million on a Luka Rookie Logoman. Do you really think that will increase in value?

Did he mean to record this argument for his wife? 😂

The flow of this video from start to end is incredible. Story telling is a skill that takes a lot of planning and critical thinking in order to convey seemlessly a beautiful message in a creative manner. Well done 👏

You'll only lose more money when you start your new business. You're just relying on your wife to bail you out

$5-10 K …. Your optimism is regional.

Keep them bro. It was an investment to begin with so why not keep it that way and see what happens. Hes gonna get that second chance and you'll be a genius. Love your videos and Penny Hardaway 😂

@vintagecollector5340

9 ай бұрын

This is not investing, this is speculating. He should liquidate any losses into actual investments like Willie Mays and Mickey Mantle.

@juansullivan9366

9 ай бұрын

@@vintagecollector5340 those cards are at their peak. U can't invest in something that will hardly go up in price. So if u buy a card for 30000 and can sell it for 100000 that's def an investment not a speculation. If it doesn't do well like in his case. It's a bad investment. I'm not gonna invest in a card that doesn't gain much value.

@plb3733

9 ай бұрын

He was paying for content

@DoingNothingKing

9 ай бұрын

Yes but this wasn’t his plan. He spent a HUGE majority stake of his card investment money. He had zero intentions to keep ridder card long term, he was hoping ridder would go off beginning of season &, immediately sell. This was a quick flip sell with a major stake of his card cash.

@vintagecollector5340

9 ай бұрын

@@DoingNothingKing If you're gonna gamble, you better be ready to lose. It's ironic, because Geoff speculating undermines the entire intention of his KZread channel name.

Your only hope is fanatics is dumb enough to buy your whole company and app out .

Since you have already told us that you have no intentions of holding on to them, what you should do is auction them with Heritage and donate the proceeds to some charity linked to the Atlanta Falcons. This will get you recognized with their organization, and maybe a foot in the door when it comes time for you to open up your new shop and you need someone famous to do signing events.

@MMQCARDS22

9 ай бұрын

🎉 deep thought 💭

@nairbsggirb1718

9 ай бұрын

That all sounds great, except he explicitly said he will hang on to them, both as a Falcons fan, and a reminder of a possible huge investing mistake.

@Concatenate

9 ай бұрын

I like the idea, but it would flop hard. Who in their right mind would blow thousands on any Ridder card?

Sell. Even when Geno Smith got his 2nd chance and blew up, his cards never really got back to peak value. Just sell and move on.

I totally agree. High risk investing or gambling or whatever are about trying to breakeven or have small losses most of the time and then sprinkle in a big win that more than covers all of the losses since the last win.

Don't worry. It's his wife's money. He'll be fine. She's got plenty more.

Cut the losses and put them into HOF rookies.

Hey Geoff! Im in the exact same position. I spent around 20k all on Ridder and I’m not mad at all. I was personally waiting for him to be benched. This is a straight up reset for him and thats what he needed. All his mistakes were mental. Hold on to The Ridders!

@joshsimpson27

8 ай бұрын

And now he is back starting. This is his time to shine. I have the one of one NTG NFL SHIELD PSA 10 /10 🥵

Comparing Desmond Ridder and Brock Purdy is crazy .

I love that you let Roth (the used car salesman of the "hobby" )absolutely toast you on Ridder LMFAO

The problem is the card market as a whole is a falling knife right now. So just simply investing big money is sports cards rn is a horrible investment.

"feeling good" about someone at the time is not an investment of any kind. Sorry to say. Desmond Ridder is awful. And it was a very biased pick-up. Overall, NEVER DO THIS !

The theory is fine. But ridder was never going to be good. Any ball knower could see it

WOW!!! What an Awesome Video!!! I now See How Smart You are in the Hobby. I Love Your Videos & Your one of The BIGGEST Assets To The Sports Card Hobby!!! 👏 🎉❤

@MarioLuigi-vb3rp

9 ай бұрын

I love sarcasm

Well now that you have those, go buy the rarest Ryan Leaf, Trey Lance, Jamarcus Russell rookie cards and start a QB bust set

Ive lost 50k to 70k on cards in the last 2 years. Bad deals, scams, and the market crash. And I'm living paycheck to paycheck now. I'm not flicking lying.

Remember guys Herbert won’t win a Championship and Trevor

I believed in Ridder. He has weapons all over. I felt he was an easy win. I bought 25 cards, 21 were graded. And now, I'm looking like an idiot. Lol. It was a fun and interesting gamble for sure.

People make it out to be that Ridder's career is over. Jesus Christ. Geoff much props for how you handle every situation man.

I speculated on Tyrese Haliburton for a FRACTION of Lamelo Ball prices and people called me crazy..... Boy just dropped 60 points 40 ast 0 turnovers over 3 games - avg 25 and 12 now

I love how you buy cards as a write off and then claim that they're "investments".

if i own Ridder, i sell him for whatever i can get. He does not pass the eye test at all as a NFL QB. i doubt the falcons will keep him on the team any longer.

Ridder’s ceiling was never even Russell Wilson. Crazy buys. I would take my 75% loss and move on.

Hey Geoff, I would love to see a video on your collection update. Would like to see what you picked up or sold from the last few months

I don't get the mentality of kicking a man when he's down. Your videos are informative and honest, even when they share failures. I appreciate the advice you've given (and the great tools you offer) as I re-enter the collecting hobby after a 20 year absence. Yep, you took a chance on a hometown guy and it didn't work. It happens! You didn't risk anything you couldn't afford to lose. Keep taking your shots!

@Concatenate

9 ай бұрын

We all take L's for believing in a young player and it not working out and the card loses value, but my issue with this channel is calling it "investing." That's an insult to actual investing. It's speculating and gambling, which is what it should be called.

@fezyk6609

9 ай бұрын

@@Concatenate I hear what you're saying, but I don't agree. Sports cards are more volatile than blue chips, but it's still a form of investing. I invest heavily in the market, and lightly in sports cards. In both cases, I do my research on the stock/player, get as much performance information as I can, read several forecasts of future performance, and make the best decisions I can make. Last year I bought in on Caterpillar and Brock Purdy, which both worked out. This year I bought the dip on Walgreens and Mac Jones. Bad calls. For stocks and for sports cards, I do my research, weigh the risks and make my calls. Some times I win (paid a total of $100 for 21 Tom Brady rookies back in 2001- cards which I expect will cover a chunk of my kids' college costs). But, sometimes you pick a Zach Wilson or a Ridder.

*You thought $30,000 for a card of someone that’s never played a game had room for growth* ….? Joe Montanas ROOKIE PSA 10 sells for like $34,000… What you should do is NOT spend thousands of dollars on a player who has never even played a game… you’re better off buying scratch tickets tbh.. Please don’t drop thousands on a PENIX…

Ridder was never good to begin with

Flawed logic about 9/10 start ups failing as 99.5/100 player cards fail long term. Also a company can actually earn money, you're still speculating with a card. Not to mention that Desmond ridder has never really been a touted passer

Dont feel bad I lost 60k two days ago on a sale. Bought a high end card for 100k sold for 40k. Hang in there.

@MarioLuigi-vb3rp

9 ай бұрын

Must of took geeeeoff’s advice 😂

@thewatchfuleye8401

9 ай бұрын

@@MarioLuigi-vb3rp I will be ok my friend. I am in the 1% of people that can afford to drop 100k, lose it all, and not get an ulcer or it matter to me. I was actaully posting for Geoff Wilson to realize that, life goes on and you get it back.

@MarioLuigi-vb3rp

9 ай бұрын

@@thewatchfuleye8401 sure you are

😂😂😂😂😂😂 funniest thing I’ve ever seen in my life. Buying into the hype at the highest price it will ever be 😂😂😂😂😂😂 dude u are crazy

After this video, walk by your trash can, open it, and get RID of those RIDders. 🤣🤣 Send them to me, I ll take good care of them for you Geoff.

Sell them and buy a tier 1 Jordan. Then when your oldest child graduates from university - sell the Jordan.

I just want to know at what point did you watch ridder and say, wow this kid can be a stud lmfao

Stroud was the one you had to pick

@Joey101N

9 ай бұрын

My friend pulled a stroud /3 auto

I really like that you're not only showing big hits, showing losses shows the actuality of markets

Not the entire comment section gaslighting Geoff into thinking this wasn’t a ridiculously foolish “investment”

How about you stop telling people how to lose money

My free advice: listen to TPott , more often.

Its called gambling lmfao not investing

Why keep both as a reminder, or even as a fan? One will do that trick. Sell one, and keep your favorite one. Maybe one day he will rise again, and you can still get your money back from a single card.

No big deal. Tax right off. Obviously

REMEMBER WHEN GEOFF SAID WILL GRIER IS A 4X BETTER INVESTMENT THAN KYLER MURRAY. GEOFF LOSES MONEY LIKE CRAZY. I WOULDNT LISTEN TO HIM AT ALL.

This is all speculation not investment.

SPORTS CARD RADIO EXPOSED HIM AND GEOFF LOST OVER 1 MILLION DOLLARS LMAO

I love when geoff just comes out with the brutal honesty like this.

@carolinatarheels7903

8 ай бұрын

Honest? The guy is in denial and thinks that if he believes the crap he’s spewing that his sheep will too. They obviously do and can’t think for themselves. If a guy losing $30,000 doesn’t tell someone this guy doesn’t know anything about sports or cards then they deserve to lose their shirts too.

@bubblesnz1059

8 ай бұрын

@carolinatarheels7903 huh? Whole lot of words that make no sense. You alright mate? Do you need a hug? 😘

He’s a real one for admitting his mistake

The point being, don’t follow the hype of prospectors in the card market who don’t know anything about sports and are degenerate gamblers hoping to find another late round Brady. Do your own research and invest into players that professional scouts and coaches believe in.

Since I only purchase for resale, my strategy would be to sell, get what I can, and move on to the next “deal.” I can remember how shocked one of my friends was when I told him; “I honestly don’t make money on every card.” I guess some think all you have to do is buy a card and someone will automatically pay more for it! It doesn’t always work like that. But, I take my loses as valuable lessons and my gains as affirmation I’m on the right track

Ridder sucks. We all saw that.

Win or lose everyone must admire a huge risk because of the courage it takes. If it went your way we would all be calling you a genius. Live and learn.

@LeanandG13

9 ай бұрын

Spoken like a true degenerate

@Losstillmatic

9 ай бұрын

You must be his boyfriend

@annetteavery4930

9 ай бұрын

Ridder was overpriced from day one though. The ridder passing lines were low and his passing tds were extremely low. Vegas ain't going to be right all the time but, Ridders prices were crazy.

@degenrips

9 ай бұрын

@@annetteavery4930 Vegas had the Falcons o/u 8.5 wins and +120 to make the playoffs. Geoff was on to something. Hindsight is 20/20

On the market movers app where is the back end data being populated from? Is it driven off of ebay sold listings or was there data collection done by your team for a year or two before the launch of market movers?

His card shop will be a hit😂😂

Most people can't afford a loss like that.

I guess Geoff wont be buying any cards from RothCards for a long long time!

Yeah man, if you aren't 100% correct you're an idiot on the internet 😅 People can't understand that investing implies losing. There will always be losses, the goal is to win more than you lose, not to not lose. Keep going Geoff!

Just ask the mrs for some more cash :-)

I live vicariously through you Geoff because I started out like you in the late 80's but with less money but the gain/loss ratio are the same. I made a pause on the Hobby and started a family. In mid 2000 I picked back up and took a different approach. As of today, I'm sitting on a 950% Margin on my investments. However, my method (not vintage) is not as exciting as yours but its 100% foolproof. To bring it back full circle, your videos are exciting and cringey at the same time.

The comment section is what sucks most about this hobby! Everyone thinking they’re entitled to tear everyone else down out of pure jealousy.

Ridder is horrible

Lol the amount of money I've spent prospecting is ridiculous. I was all in on Trey Lance. I no longer buy cards with the intent of selling them. I look at my Trey Lance lot or PJ Washington lot and just have to shake my head.

Anyone remember Griffey cards values in the 90’s . They are a small fraction of the price they once were. Let this be a warning. Modern cards will suffer the same fate. Cards are not an investment. You all are going to wake up 30 years later with these cards sitting in a closet collecting dust.

Personally, I would sell one and keep the other one as a reminder of either a really bad deal if things keeps going down for Ridder, or up and maybe get even in your investment in the slim chances that ridder turns it around and somewhat becomes good enough to be considered legit by the collectors community..

Ohhh you are way way off on Ohtani. Yea his card prices peaked…in the short term. But long term, he’s a generational talent and you sold his Rookie Auto, let alone a rare rookie auto. Long term that card will be worth 2-4x as much as it was when you dumped it. You got rid of someone whose proven himself for someone whose super speculative. Compare it to you selling your Apple stock and bought a $0.17 biotech stock. That’s a dumb risk to take.

Atlanta is a run heavy offense he was never gonna get the hype to catapult his value. I went the Sam Howell avenue this past off-season.

You know I keep want to go after you but the honest truth, everyoen here is a card collector. & you making this video completely exposing yourself on a huge lose, is respectful. My opinion of you only went up from this. People in the card community never really hear this honest truth side of the hobby, cuz other card influencers would NEVER admit they did something like this cuz of the backlash. Respect & I mean respect. You are the exact person who the card community needs to keep progressing. & collectors NEED to hear this truth side of the hobby

I think market for all these fancy high end inserts is very risky. I’d prefer to trade pwcc 100 cards

where's Vegas Dave with all his Derek Carr 😂😂 after he sold his Trout for $1mill

What now? Open a multi-million dollar sportcard shop!

Ridder starts again after the Falcons bye for whatever that's worth.

talking about how investments DIDNT turn out, is a side most people dont wanna talk about. There are a lot of card bros out there with videos of themselves spending big money on all those other qbs you mentioned, and we havent heard of peep from them, even tho they were telling us those guys "are the buy right now".

Ridder is coming back baby!!!

True words . Take your losses like a man . If someone will give you $5k for them take that and fun

That's the one thing that sucks about this hobby last few years... Wax is wildly expensive to rip, so its a huge gamble to rip it in the first place, and then holding the prospects instead of liquidating them makes it an even bigger risk.. I'm back to just buying singles of players I PC when their market drops, and hodling everything long term.

Theres no way this should be an investment. More people lose money than make money. Cards are terrible investments. The only people making money from cards are the card makers.

Who ever followed Jeff from the start knows what kind of collector he is some to flip some to invest in all with some risk