Tips & Tricks | Investing & Marketing | Updated - 07/22/2007

[shignami5]

I was always intimidated by investing and working in the MP and exchange, but i tried it for the first time about a month ago.

It's WAY easier than it seems.

Questing!

 

[Ah! My Goddess]

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[Ah! My Goddess]

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[Swampsackmcgee]

thx  

[Hottiebrat]

Very nice! I'm so going to try out the sealed letters part! heart Good job! can't wait to read the rest!  

[DumberDan]

Wow, very in depth, I like it 3nodding  

[Rosebudxo]

I have a suggestion for everyone. If you can gain up to 1k per day, that'd mean you'd have 7k by the end of the week. All you have to do is take an hour out of your day to post, comment people's profile, PM other users, etc. If you can gain 2k per week that'd be. If you gain 2k per day, that'd be 14k a week. If you gained 3k per day, that'd be 21k by the end of the week. If you kept that up with only 1k per day or more, you could have, if not 28k, more than 28k within a month. If you can gain 2k or more a day, you could near 100k, if not, more. <3 If you could gain nearly 100k a month, by September you'd have 500k. @_@ Now with college, I don't know if I can do that once it starts in September again. Donations, selling, etc. can easily help you get 1k in a day. I nearly got 1k in a day in just participating in the "Donate to the Person Above You" thread. Possibly more including the items I got. I'm going to be buying a sealed letter or more from gaia (not users) and sell them. If you do something like that, it can help. <3  

[Iruzin]

hmm..yes,this tutorial is very informative
but this months letters took a toll
i bought all my sealeds at 12k each
now,i can only sell them for at least 10.5k each
im very mad that my investment turned on me
i noticed that all months before(jan,feb,march,etc.)
that the Donation Items boosted up to at least 14k+
i just wasted a alot of gold for this><  

[ic3fire]

I'm not sure but I've found that if there are more than 50 pages of sealeds after the 10-14th than it may turn out to be a loss rather than profit. Like this month where the priced dropped 3k almost instantly after release.  

[MintyPancakes]

Not that Im happy with the price drop since I lost 12k+ but honestly, this months items were pretty crap.

 

[ic3fire]

I guess there's always a risk when dealing with sealeds.  

[`Tahirah]

I don't know if this has been said, but don't be afraid to be a hardass in the exchange. Undercut people; rebid with .1k's (i.e. someone bids 12k, you bid 12.1k). It pisses people off, but sometimes will get you the best deal. Also, if people are asking you to bid higher and you don't want to, don't. I usually say, "That's as high as I'm going. Take it or leave it." It may work, it may not. It all depends on the person and how popular/wanted the item is. I know I've gotten some deals by doing that.

If someone says, "just send trade" for an MC and they're selling it way under the MP price, jump on it. Don't bother posting or PMing them. Just start the trade with whatever item they're selling in the title and add however much gold you need to. I've gotten a Gwee for 11k before.

Check TekTek for item prices/trends. If you notice an MC is going down, don't buy it. Look for ones that are going up. I've lost a few k by not paying attention to the trends.

Once you get the hang of it, I promise it's real simple. Some days you won't get many deals, but don't let it discourage you. There's always tomorrow. 3nodding

Oh. And try to avoid reselling in the Exchange. It's best to resell in the MP because many users don't want to deal with the bid wars in the forums, even if they'd get a better price than MP. Just sell the item for 1g less than the lowest buy price. It generally will sell. ;P  

[Ah! My Goddess]

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[Kartek]

Thanks! 3nodding

 

[OMG Ink]

This is a very informative thread. biggrin Good work.