Trading Tips

Coin Trading is basically the art of processing and setting up a coin in such a way that it attracts a suitable market.

After which the process proceeds to the eventual transfer and disposal of the coin to where and to who has the most need for it in exchange for a price that you deem fit.

Click on the links below one by one to view finer details of the best available tips to help you in your coin-selling journey :-

• Personality
• Resources
• Knowledge Base
• Join Our Coins Club
• Take Our Online Course

Coin Trading can at times be extremely complex, confusing, or even hectic if a seller is unaware or lacks the basic skills and knowledge of the trade.

In this guide, we will highlight several important tips that can better prepare an amateur seller and also encourage a professional seller to fly to new coin-selling heights.

1. Personality

As with all other businesses, coin trading is a universal activity that involves dealing, mingling and communicating with other people who are participating in the activity.

With these facts at the back of your mind, it is very important to season your mindset and personality attributes in such a way that you are easy and flexible to work with other people’s different personalities.

Firstly you need to be passionate about coins.

You need to nurture yourself to love what you do and always be aggressive and determined to achieve the goals of your heart no matter how elusive or hard it may be.

As much as you are hardworking, you may also need to be soft enough to allow yourself to be teachable and able to be guided, informed, directed, corrected or even commanded.

If you get angry or irritated easily or you are disobedient in nature then your passion will be null and void and you will not be able to reach your set goals.

You may find a need to be a good listener, a good communicator, a team player and also be very inquisitive with a need to know, learn and follow each step carefully.

A good plus is if you can be extremely great in having a keen eye and ear for every small detail.

Just like the rest of the world, being able to handle pressure is essential.

Being level-headed is a positive mindset since at times you may need to accept defeat that your coin has not been shortlisted or selected for business yet other peoples items have been taken and paid for.

If you lack these essential personal attributes and mindset, you will encounter very many hurdles and conflicts.

You will end up finding out that other people are too busy and no one has time to teach you these basic principles.

Eventually, you will be sidelined and ignored and finally, find yourself being pushed out of business.

2. Resources

Once you have set your mind and energy to engage in coin trading, you may realize that there are some add-ons that may give you a better spot of preparedness to tackle the activity with assured positive results.

Arming yourself with the necessary tools, equipment and accessories can better position you for a lifelong successful and profitable business engagement.

These items may make your endeavor less stressful, easy and very enjoyable.

Tools may include and not limited to measuring rulers, calipers, magnifying glasses, weighing scales, lightweight workshop tools, makeup tools and any other tool that may make your work easier, better and more professional when setting up your coins.

Equipments may also come in handy so to better prepare you.

These may include cameras, a good source of light and generally any other equipment or accessory that may better your activity depending on the type of coins that you are dealing with.

Last but not least, have a good communication gadget.

Ensure you have a good high quality phone to facilitate swift, smooth and permanent communication.

Always ensure you have a permanent contact phone number.

Have a permanent and functional email address at all times.

Most company communications are normally sent to your email address.

Avoid changing your contacts as these will ensure you can always be reached at all times and at any time whenever there is need.

3. Knowledge Base

It is a widely known and accepted fact that knowledge is power and lack of knowledge is a direct recipe for failure.

When you add knowledge to your passion then you will definitely have the power to achieve a successful, lifelong and fruitful trading engagement.

You can be far more advantaged if you have prior and proper information of the trading procedure from the first step all the way to the last step.

From the first step which is the preparation of your coin whereby you should properly condition it so that it attracts potential market.

Ensure it looks good and has an excellent and visible eye appeal.

You may also engage the services of a reliable and professional appraiser to help you in grading and valuation of your coin.

Presentation should also be done in a standard manner whereby you ensure you take clear, bright and visible photos in a well-lit environment.

Marking and labeling your presentation goes a long way in giving you a head start advantage.

Prepare yourself with a good payment service by having a stable, up-to-date and active banking service or a reputable money transfer system.

These facilitates swift transfer of payments for your coin. In case of cash transfer be aware of safety precautions and measures to keep in mind.

Prop up your preparations by setting up a good, honest and reliable delivery service.

Choose a service or method that will ensure your coin arrives at the endpoint in its best-desired condition as it was.

Finally, a wise seller ensures that their coin is well documented and proper records are kept for reference purposes.

4. Join Our Coins Club

Another excellent trading tip is joining and linking up with other coin collectors.

This strategy is superb as it allows collectors to work together to achieve certain goals especially when a set of different coins or collections is on demand.

If these type of trading strategy can be good, conducive and comfortable for you, then you are most welcome to join our established and free-for-all all platform called SHIKANA COIN TRADERS CLUB.

Shikana is a swahili word that loosely translates to mean joining or coming together to achieve a common aim, goal or ambition.

Trading as a group is advantageous in the sense that different members can come up with small portions of a set to make up a full collection to meet the specifications of the required items.

SHIKANA Coin Traders Club offers many advantages to members including availing latest and up to date trading information like which coins are on demand, their specifications and prices.

Members are also trained and made aware of the latest trading techniques so they are better positioned to engage in a meaningful, successful and fruitful business engagement.

It is not mandatory to join our club to be able to sell your coins.

This is just one among our many platforms that are aimed at nurturing and growing willing collectors who have an ambition of moving their passion from a hobby to a lifelong activity.

5. Take Our Online Course

Different types of people understand issues at different paces, speeds and clarity.

Some people may require added effort to understand certain points and issues correctly.

In the same length, certain personalities may have a shallow desire to venture into any particular activity whereas others may be in need to have a deeper, wider and more elaborate understanding.

Whether it is an amateur collector or a professional collector there is always more room for further, deeper and incisive information ahead.

Every single aspect of coin selling is extremely wide and may take a long period of time to exhaustively cover it in detail.

It is in this regard that we have set up an extensive online tutorial that deeply covers a step-by-step guide on all aspects of coin selling.

Under our TAMBUA ONLINE TUTORIAL, we freely offer all coin sellers an opportunity for them to learn and discover more inside facts and information that are crucial when maneuvering the world of coin selling.

TAMBUA is a swahili word that loosely translates to the English word discover, identify or know.

Taking a Tambua Online Course is not mandatory.

It is among one of our platforms that we use to grow and nurture coin collectors who wish to further deepen their understanding of the industry and better prepare themselves for trading and a lifelong business venture.

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Once you have considered all of the above basics of coin trading then you are assured and guaranteed of engaging in a successful, profitable and enjoyable life long journey.

Last but not least, passion for coins is the most basic and most crucial aspect of the industry.

This is what makes coin trading thrilling, exciting and worth taking part and participating in the activity.