How long did it take you ?
It didn’t, because doing tasks that bore you in a game is ridiculous, and what I find fun more than financially stables what I need in-game.
“Dear ANet, nerf Paper, Scissors is fine. Sincerely, Rock”
Elysaurus | Warrior | [LOL] | League of the Legendary | Gandara (EU)
most people will tell you that there wasn’t a flipping point save for actually suddenly being one of the few people who found Atlantis and got a precursor, or who were there at the Island Karka event and ended up with multiple precursors or are whales in real life and generally exchange every month for gold.
Good flippers stop flipping once they realize speculating is much more lucrative and less time consuming.
Good flippers stop flipping once they realize speculating is much more lucrative and less time consuming.
This.
I’m not a good flipper. I dont’ even check the TP price often. Maybe once a week.
I just buy those limited event item, or for example unidentified dye, or stock up on items that are likely to go up in future patch(new legendary, crafting etc).
The thing is there are always hoarders, so unless the supply on limited item is huge, there will always be investor buying things up. I take a hit on keeper’s recipe, but I suppose some other people bought up all the cheap ones so it go back up again. I think you really need to make permanent ways to acquire those event items, else there will always be people hoarding all the supply.
dragon coffer is another example, i just buy all i could, and 1 year later, I made a killing, and I barely check the TP. I’m already getting bored enough with the game with the repetitive permanent content. It’ll get more boring if I play it like a stock market. I suppose I’m part to blame myself, since I spend way too much time playing GW2.
(edited by laokoko.7403)
I considered myself good when I had too much money to flip with. Then I invested the majority of it and live off the easy easy profits. It is stress free life now!
I think around two months passed until I made some decent profits from basically every flip I do without the need to cut losses often. I started with around 20g (notoriously poor, sort of) which then quickly added up to around 150-200. At that point flipping excessively wasn’t fun for me anymore and I started speculating.
Sometimes I still invest around 30-40g for flipping but the amount of time spent in comparison to the outcome isn’t worth it for me, simply because I’m not motivated to keep track of the market’s ups and downs.
In comparison, speculating is way more easy as soon as you get an idea of what to invest in. Though, during the last events I made temporary losses of around 200g due to an unexpected drop in prices after, the market slowly recovers, at the moment I break even, and will rise further.
So flipping more or less is the safest way to earn some decent money if you are willing to spend the time and effort and you always want your money in form of money, speculating earns you chunks of gold if you are willing to clutter your bank with items for weeks, months or even longer and don’t have a problem with having your gold sit around as non-spendable items (Sold my last Southsun skins a few days ago for around 1000% profit or more)