Guild Wars 2

Hello everyone,

I’m rather new in the whole playing the tp and flipping items business so I’m still learning.
I was casually flipping some low level crafting materials when I noticed something odd happening to the regular scales price. I was just buying cheap and selling higher for a meager profit but suddenly the sell listings price dropped by 20%. I don’t have that much money to be fair but I immediatly started buying these low sell listings to make a bigger profit of my own. However I ran out of cash as the amount of scales that were being put up on these low sell listings were enormous. Subsequently the buy listings all went down as well.

Now I checked GW2Spidy (http://www.gw2spidy.com/item/24286) and noticed the same kind of thing happening yesterday. What should I make of this? Is this a common tactic to manipulate these items for a short while to make a bigger profit if you have the means to do this? And what should I do now with my huge amount of scales :P, just wait it out and ride the bandwagon as this person will probably flip everything back to raise the price again in the short future?

Ty for the help

Hi Felseth,
If you click the ‘Zoom > all’ button you’ll see that the Scale price is falling from an all-time high. It’s spent most of the time below one silver, and almost of the time below two. You may have bought into a bubble. You could hold your stock in the hope that it may one day reach that level again, but that may of course never happen – unless you decide to spend a large amount of gold yourself to push prices back to those levels.

Another option is to cut your losses and sell out now before prices fall further, or some mix of ‘hold’ and ‘sell’.