Nose Smasher
2010-03-01 13:23:13
With the Extra EXP weekend coming up people are hoarding runes… So you will only get them at max price, but the price WILL go up… and they will be SO EASY to sell during that weekend (March 12-14) because all the people who were late buying runes and the people who are too rich to care will def be buying runes… I've already made 2m from deaths in 2 days lol… Bought 50k deaths and they went up 20gp each day…
Gu3st...
2010-03-01 13:32:01
weequ
2010-03-01 13:53:14
i have invested almost 80m on raw materials such as mage longs and chinchompas :P
The only reasonably profitable way to merchant (in general) is to buy an item before it starts going up, before nobody else is. At this time, it is just common sense, and everybody knows raw materials are going up. You will slowly get them at maximum price now. If you don't sell the few you obtained at max price on the way up before they start crashing, you will be stuck with them on the way down and lose a ton of gp.
My personal advice: Never invest in an item that you know will go up unless you can get it at around mid price. Otherwise, lots of other people already beat you to it. It's obviously possible to profit a bit buying at max, but it's very risky to buy an item when it's already started going up, because if you miss the dump, you take a (big) loss.
Do what you want, just giving my opinion :)
weequ
2010-03-01 17:37:14
The day before yesterday or before it I invested about 80m on raw materials on max and they have been rising 5%/day :D I think im gonna sell the most after 1 or 2 ge updates and buy ags for lowest before it starts rising again :D