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When to buy a Banana
:banana:: When is a good time to buy with this market.. Do u think I should wait a while or go for it now..:banana:
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Re: When to buy a Banana
Quote:
Originally Posted by RichieBoo
:banana:: When is a good time to buy with this market.. Do u think I should wait a while or go for it now..:banana:
I'm not a big breeder, so I hope no one judges me like so.. But I'd say now is probably a time. You'll make the money back easily.. Bananna is a co-Dom mutation, yes they dropped dramatically this year but there at a point where they'll stay for a while., yes people will low ball the market and sell them for low amount to get a quick sale but the price will probably hold steady for at least another year or two. I'd say if you have the money you might as well jump in before they go below $1000 once they drop to a lower price I'm picking o e up. :)
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Wait till next year to get a banana. prices on them are currently dropping like a stone. just a few months back 3-4k seemed a reasonable asking price and recently I have seen hatchlings for sale at $1500
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if you get into it sooner, your financial risks are greater, but you will get in the black numbers sooner, your hatchlings will sell for more, you make more profit, and you will get into multi-gene combos and super bananas sooner.
if you get into it later, financial risks are lower, rewards are also lower, and you will be playing catchup with all the others that got into it sooner.
Mike Wilbanks explaining it: http://www.youtube.com/watch?v=bYrHOBB5zoY
he is now the first breeder to buy scaleless head BPs from BHB and the second breeder after BHB to have a scaleless project... he paid an undisclosed 6-digit amount of dollars. i found out just a few hours ago.
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Re: When to buy a Banana
"One thing I’ve learned about bananas is that there’s an art to purchasing them. It takes a certain amount of planning. Brainstorming. Conspiring." - from The Art of Buying Bananas by KB
Link to the full article: http://ktotheb.com/2011/how-to-buy-bananas/
This amazing work is almost two years old, but it still paves a four-step path that I'm sure you'll find useful even today. As popular as bananas have become, I'm shocked that KB isn't referenced more often for her incredible insight.
:)
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Re: When to buy a Banana
Quote:
"One thing I’ve learned about bananas is that there’s an art to purchasing them. It takes a certain amount of planning. Brainstorming. Conspiring." - from The Art of Buying Bananas by KB
Link to the full article: http://ktotheb.com/2011/how-to-buy-bananas/
This amazing work is almost two years old, but it still paves a four-step path that I'm sure you'll find useful even today. As popular as bananas have become, I'm shocked that KB isn't referenced more often for her incredible insight.
LOL, I actually read that entire article. I certainly hope I don't go through 42 every week when I finally decide to get mine.
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When to buy a Banana
My roaches love the bananas that are beyond ripe but just before rotting.
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Re: When to buy a Banana
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Originally Posted by 3skulls
My roaches love the bananas that are beyond ripe but just before rotting.
:rofl:
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Re: When to buy a Banana
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Re: When to buy a Banana
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