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Okie, today I started out with 4.1mill and made that thread and got up to 4.2mil. I made100k profit so far. People sold some pretty good items I suppose which they seemed easy to sell. There was some anxiety with a few offers with the Kitsune mask and Angelic anklets. I turned them down.
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Pheregames

To begin with, please understand some of the terminology I’ll be using in this guide


The following two words are typically interchangeable, however is how I will be using it. As a whole, these are loose terms...

Vending- What this guide is all about. Action takes place in both the “vend” and the “exchange”. [The traditional word meant buying from the vend, and selling in the vend]

Exchanging- Buying and selling items [with profit in mind] in either just the marketplace, or just the exchange forum.
[The traditional word meant buying from the exchange and selling in the exchange or in the vend] [Confused yet? That's why I went over these words]

Exchange- The exchange forum is where you will come to BUY items; you are looking for people to SELL you theirs here.

Vend- The Marketplace where you will SELL your items here; you are looking for people to BUY your items here. There is a nominal 2% tax on each sale.

AB-Auto-buy ; HB- Highest Bid ; SB- Starting Bid

I think this post can be improved by making the header bigger and center-aligned, and bolding and underlining your technical terms.
cyrusus's avatar

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*just wanna clear this up*

so, for example, one of the things i could do is buy a level 1 fortune egg, then incubate it to get to level 2 or 3?
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cyrusus
*just wanna clear this up*

so, for example, one of the things i could do is buy a level 1 fortune egg, then incubate it to get to level 2 or 3?


I guess you could, but when I said "DO NOT PLAY RIGS"... that kinda means... don't play rigs.
Statistically speaking, you're better off not trying to play them. To get to the finish is roughly 12-18% depending on the rig [yeah, we mathed it out there], and then from there you have a less than 1% chance to make a big profit. You have about a 35% chance to break even or do better and the rest you'll end up in the red.

So... pragmatically speaking 35% chance of 12% chance is what... less than 1/2 of a percent to make a good profit? Not saying it can't be done, but there are much safer bets out there.

However when a RIG first comes out, you can make some gold with a "failing" item if you establish the price on the marketplace fast. I made 900k on an item later established at 24k because it was the only one on the vend at the time.
cyrusus's avatar

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cyrusus
*just wanna clear this up*

so, for example, one of the things i could do is buy a level 1 fortune egg, then incubate it to get to level 2 or 3?


I guess you could, but when I said "DO NOT PLAY RIGS"... that kinda means... don't play rigs.
Statistically speaking, you're better off not trying to play them. To get to the finish is roughly 12-18% depending on the rig [yeah, we mathed it out there], and then from there you have a less than 1% chance to make a big profit. You have about a 35% chance to break even or do better and the rest you'll end up in the red.

So... pragmatically speaking 35% chance of 12% chance is what... less than 1/2 of a percent to make a good profit? Not saying it can't be done, but there are much safer bets out there.

However when a RIG first comes out, you can make some gold with a "failing" item if you establish the price on the marketplace fast. I made 900k on an item later established at 24k because it was the only one on the vend at the time.
:3 Okay! Thanks!
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Happy Holidays Pheregames. I gotta question, I'm thinking of using my GC to buy a super prize bundle to sell, but what's scaring me is that I do not think the majority of Gaia particularly favored the RIG items this year. Do you think I might have a hard time selling it or might it decrease in price rapidly? I believe it's going for 1.4mill right now.
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Ephemeral_Dream
Happy Holidays Pheregames. I gotta question, I'm thinking of using my GC to buy a super prize bundle to sell, but what's scaring me is that I do not think the majority of Gaia particularly favored the RIG items this year. Do you think I might have a hard time selling it or might it decrease in price rapidly? I believe it's going for 1.4mill right now.
Any item like that is great for a quick sell , but RIGs themselves don't hold value over long periods of time until they leave the cash shop and flux around [mostly going upward very slowly]. I wouldn't play it though.

And check to see if the bundle sells for LESS than the individual items, because often they do, so make the most out of your gold and sell them one by one. I made 40k or so in like 3 minutes cause people kept putting bundles out that were like 20k less than the price of 9 of them xD
Ephemeral_Dream's avatar

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Ephemeral_Dream
Happy Holidays Pheregames. I gotta question, I'm thinking of using my GC to buy a super prize bundle to sell, but what's scaring me is that I do not think the majority of Gaia particularly favored the RIG items this year. Do you think I might have a hard time selling it or might it decrease in price rapidly? I believe it's going for 1.4mill right now.
Any item like that is great for a quick sell , but RIGs themselves don't hold value over long periods of time until they leave the cash shop and flux around [mostly going upward very slowly]. I wouldn't play it though.

And check to see if the bundle sells for LESS than the individual items, because often they do, so make the most out of your gold and sell them one by one. I made 40k or so in like 3 minutes cause people kept putting bundles out that were like 20k less than the price of 9 of them xD
Yikes, the super prizes x9 make out to be 1.53mill. So what should I do? I have only 1524 GC on me.
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Ephemeral_Dream
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Ephemeral_Dream
Happy Holidays Pheregames. I gotta question, I'm thinking of using my GC to buy a super prize bundle to sell, but what's scaring me is that I do not think the majority of Gaia particularly favored the RIG items this year. Do you think I might have a hard time selling it or might it decrease in price rapidly? I believe it's going for 1.4mill right now.
Any item like that is great for a quick sell , but RIGs themselves don't hold value over long periods of time until they leave the cash shop and flux around [mostly going upward very slowly]. I wouldn't play it though.

And check to see if the bundle sells for LESS than the individual items, because often they do, so make the most out of your gold and sell them one by one. I made 40k or so in like 3 minutes cause people kept putting bundles out that were like 20k less than the price of 9 of them xD
Yikes, the super prizes x9 make out to be 1.53mill. So what should I do? I have only 1524 GC on me.

Buy a bundle with cash.

Take that bundle and open them. You get 9 of the prizes. Sell the 9 prizes. :]
TOAA IV's avatar

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Using this guide I purchased two sealed letters today. I hope they are worth my 300k.
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Great. Read everything twice.
Now I'm gonna try and vend.. Hopefully, since I have 28k towards 7mil.
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Pheregames


hey just wanted to say thank you for this guide! it was really helpful, and it was also kinda like taking econ all over again xD
bump, thnx for the guide
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LOL from 68k now i got 120k in a day. THX heart

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