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Edition 13: Make, Break or Sustain

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Above: 1799 and 1801 version of the United States Liberty Ten Dollar Coin front (4) Buy low and sell high. This sounds like pretty obvious advice, but also like something that's easier said than done. It's really not all that difficult, though; all you have to do is use your common sense. If coins are increasing in value, you should sell into rallies. If coins have declined dramatically in a very short period of time, that might be a good time to buy. In general, I recommend that you cost-average. No one can outguess the marketplace; for that reason, you should buy your coins systematically over an extended period of time. If you have $10,000 to spend, don't spend it all right now, thinking you can outguess the marketplace. Nobody can. HYLAND

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