shambles79
New Member
๐จ๏ธ 271
๐๐ป 96
April 2016
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Advice
Aug 4, 2024 15:25:28 GMT 1
Advice , by shambles79 on Aug 4, 2024 15:25:28 GMT 1, Just looking for advice really. Iโm not an expert in the art market but I really like Banksy and have been fortunate enough to get a sale ends v 2 and agile print. Itโs been a blessing because Iโm not very well and it should I Hope provide me with a nest egg in the future. Iโm just a bit worried about owning two incase something should happen to the Banksy market or something happens to the print. Iโm not so worried about the agile as it comes in a sturdy box which I use to store it in if Iโm not around. Iโm just at the point where Iโm seeking advice on whether I should hold out and hope the market improves, diversify and get what I can for the sale ends and sink the money In bitcoin. Iike I said Iโm not expert , but Iโd really appreciate people advise what I should do. If I should sell, best way to sell the sale ends and if bitcoin is worth investing in . I know itโs a gamble but bitcoin does not seem to be going away . Many thanks
Just looking for advice really. Iโm not an expert in the art market but I really like Banksy and have been fortunate enough to get a sale ends v 2 and agile print. Itโs been a blessing because Iโm not very well and it should I Hope provide me with a nest egg in the future. Iโm just a bit worried about owning two incase something should happen to the Banksy market or something happens to the print. Iโm not so worried about the agile as it comes in a sturdy box which I use to store it in if Iโm not around. Iโm just at the point where Iโm seeking advice on whether I should hold out and hope the market improves, diversify and get what I can for the sale ends and sink the money In bitcoin. Iike I said Iโm not expert , but Iโd really appreciate people advise what I should do. If I should sell, best way to sell the sale ends and if bitcoin is worth investing in . I know itโs a gamble but bitcoin does not seem to be going away . Many thanks
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ck1
New Member
๐จ๏ธ 187
๐๐ป 199
August 2022
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Advice
Aug 4, 2024 19:04:11 GMT 1
Advice , by ck1 on Aug 4, 2024 19:04:11 GMT 1, I hope you get better.
True advice - do not ask strangers for investment advice. Ever.
Either do a lot of research for yourself or go to a trained brilliant trusted professional.
But since you ask - if your only real investments are bitcoin and banksys (I assume you are young) I would sell all of it and get an ETF/index fund or a house to live in.
(This was not investment advice)
I hope you get better.
True advice - do not ask strangers for investment advice. Ever.
Either do a lot of research for yourself or go to a trained brilliant trusted professional.
But since you ask - if your only real investments are bitcoin and banksys (I assume you are young) I would sell all of it and get an ETF/index fund or a house to live in.
(This was not investment advice)
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Advice
Aug 4, 2024 21:29:17 GMT 1
Advice , by Jeezuz Jones Snr on Aug 4, 2024 21:29:17 GMT 1, Mate, I hope you get better and as the old saying goes 'health is wealth'! It is a nice situation to have two great prints. It doesn't matter what happens with the market, the way I always look at it is that you only paid 500 pounds each for them. Sell the Sale Ends and invest in your health and your family. Holidays, kids school and sport, upgrade the house or car etc.. you still have the fragile print which is awesome and get that up on the wall and enjoy it as life really is too short. ๐ Also don't forget most artists prices have come down also, so a portion of your profit you could spend on a piece by another artist you like which is now a lot cheaper than years ago also.. good luck with everything ๐
Mate, I hope you get better and as the old saying goes 'health is wealth'! It is a nice situation to have two great prints. It doesn't matter what happens with the market, the way I always look at it is that you only paid 500 pounds each for them. Sell the Sale Ends and invest in your health and your family. Holidays, kids school and sport, upgrade the house or car etc.. you still have the fragile print which is awesome and get that up on the wall and enjoy it as life really is too short. ๐ Also don't forget most artists prices have come down also, so a portion of your profit you could spend on a piece by another artist you like which is now a lot cheaper than years ago also.. good luck with everything ๐
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mandem
New Member
๐จ๏ธ 264
๐๐ป 384
November 2022
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Advice
Aug 5, 2024 8:55:01 GMT 1
Advice , by mandem on Aug 5, 2024 8:55:01 GMT 1, It doesn't matter what happens with the market, the way I always look at it is that you only paid 500 pounds each for them.
I agree with this; everyone holding art has the 'stick or twist' dilemma.
Three years ago even entry-level Banksy prints were ยฃ30k, now you'll find them for ยฃ10k. But if you paid less than that, you're winning.
I regret not selling at ยฃ30k, but won't sell at ยฃ10k, and live in hope of prices recovering slightly. That'd be eaten by 5 months rent, and I'd have nothing on the wall to look at!
As above, though, dont take financial advice from randoms. I hope your health improves or, if that's possible, that you remain pain-free.
It doesn't matter what happens with the market, the way I always look at it is that you only paid 500 pounds each for them. I agree with this; everyone holding art has the 'stick or twist' dilemma. Three years ago even entry-level Banksy prints were ยฃ30k, now you'll find them for ยฃ10k. But if you paid less than that, you're winning. I regret not selling at ยฃ30k, but won't sell at ยฃ10k, and live in hope of prices recovering slightly. That'd be eaten by 5 months rent, and I'd have nothing on the wall to look at! As above, though, dont take financial advice from randoms. I hope your health improves or, if that's possible, that you remain pain-free. |
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dotdot
Junior Member
๐จ๏ธ 3,658
๐๐ป 1,030
December 2006
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Advice
Aug 5, 2024 11:27:59 GMT 1
Advice , by dotdot on Aug 5, 2024 11:27:59 GMT 1, I'm seeing the word hope here a fair amount.
..hope you locate good advice
hope you don't worry about the market - who cares about any market it's the ert that counts , right ?
hope you see bit koyn for what many others see it before .... the hope sets in there
and one last thing - keep the agile.
c'est ce ra ..
I'm seeing the word hope here a fair amount.
..hope you locate good advice
hope you don't worry about the market - who cares about any market it's the ert that counts , right ?
hope you see bit koyn for what many others see it before .... the hope sets in there
and one last thing - keep the agile.
c'est ce ra ..
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Advice
Aug 5, 2024 11:43:49 GMT 1
Advice , by Acme Thunderer on Aug 5, 2024 11:43:49 GMT 1, If you got both the Sale Ends and Agile in the lotteries (which I think you did), then I would be buying a few lottery tickets.
If you have to sell one (for your personal circumstances), then 100% keep the Agile. You donโt want to sell this until the market picks up significantly.
If you are thinking about investing in Bitcoin and want security then donโt touch crypto as your Banksyโs are much safer.
If you got both the Sale Ends and Agile in the lotteries (which I think you did), then I would be buying a few lottery tickets.
If you have to sell one (for your personal circumstances), then 100% keep the Agile. You donโt want to sell this until the market picks up significantly.
If you are thinking about investing in Bitcoin and want security then donโt touch crypto as your Banksyโs are much safer.
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Advice
Aug 5, 2024 11:57:48 GMT 1
Advice , by its all about me on Aug 5, 2024 11:57:48 GMT 1, Sorry to hear you are not well. Hope things aren't as bad as you think. Anyway, here's my own advice...
I would never invest in BItcoin. One day they can be worth thousands; the next, they are practically worthless.
If you are looking for money to fall back on, then I'm not convinced that buying and selling art (including Banksy) is the way to go.
If you are looking at art as simply an investment and don't even put it up on your walls then there are much better things to consider. Maybe do some research on diamonds or gold bullion or stocks and shares. Or even buying a cheap flat, do it up and then rent it out. Or go round car boot fairs. You often hear people in the know, who buy an ornament for ยฃ1.50 and sell it for a few thousand.
But whatever you do, do your own research. Don't listen to what people (including me) say on here. :-)
Sorry to hear you are not well. Hope things aren't as bad as you think. Anyway, here's my own advice...
I would never invest in BItcoin. One day they can be worth thousands; the next, they are practically worthless.
If you are looking for money to fall back on, then I'm not convinced that buying and selling art (including Banksy) is the way to go.
If you are looking at art as simply an investment and don't even put it up on your walls then there are much better things to consider. Maybe do some research on diamonds or gold bullion or stocks and shares. Or even buying a cheap flat, do it up and then rent it out. Or go round car boot fairs. You often hear people in the know, who buy an ornament for ยฃ1.50 and sell it for a few thousand.
But whatever you do, do your own research. Don't listen to what people (including me) say on here. :-)
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