Welcome to Gaia! ::

Gold?

Psh, who needs gold? I'm playing the stocks. [Takes gold and runs.] 1 100.0% [ 349 ]
Total Votes:[ 349 ]
1 2 3 4 5 6 7 8 >

Look at the bottom of the post for tips on playing the stocks!

User Image - Blocked by "Display Image" Settings. Click to show.



Table of Contents

1. Why this thread's here
2. Using graphs and resources
3. Neo's example Market History
4. Better/User Submitted Tips
5. Items in high demand


What this thread’s here for!

People are always griping about how inflation is ruining their chances of getting items. Well, let me let you in on a secret: you can use it to your advantage. I remember when Nitemare Scarves, and Angel Minis were obtainable, now they seem out of reach, but there's hope yet!
That’s why this thread is here! I may not be able to detain inflation, but with some good advice you can sure as hell play the game to your advantage!


Using Graphs and Resources

When looking for a good item to invest in, it's good to be able to view a history. By going to www.tektek.org and searching the Item List, you can view recent history, but one of the best ways to tell if your investment will be a smart or dumb one, is to use the graphs.

User Image - Blocked by "Display Image" Settings. Click to show.

When you watch the graphs, you can see the history over a long period of time. Being able to read these graphs can often determine whether or not you'll prosper in the stocks.

Viewing the Goti Clips, what do we see? They have volleyed around in the low hundred thousands range and the high hundred thousands range. A good stock player could tell you that by this information, they will go up, but there will be setbacks in the meantime. All true, if you read the graph carefully. Sometimes, as you can see here, previously the item was expensive but plummeted. There are many factors including supply and demand that lead to the fall in price. By reading the History of the item on Tektek, you can see the real results of the graph. Goti clips used to hang around the 160-170K range. But now they dropped around in the 140K range. If you look farther down the history, you see that they were 140K before rising to the 170K range. So as this shows, despite plummeting prices, they will go up in time. If you need help reading the graphs or need some advice on an item, PM me and I will be glad to help.

Also, if there are any users that wish to be put on a list for people to contact for advice, PM me and I'll put you up here so people can PM you for advice. It would take a load off of me.



Neo's Market History

March7
Purchased
G-Bot: 3,000G.
Fairy Wings: 35,000G
Lunar Cloak: 40,000G

Note I obtained these by bidding on them at the last minute.

Sales
G-Bot: 7,000G
Fairy Wings: 38,000G


March 8
Purchased

Nitemare Scarf: 2.3 Mil [Under priced.]
Jacked Pants: 80,000G [WAY under priced.]

Sales

Nitemare Scarf: 2.9 Mil
Jacked Pants: 575,000G.
Lunar Cloak: 70,000G


I do this by surfing the MP and bidding on an item at it's peak, then selling it for average MPV.

Other ways to do this, is to purchase an item that seems to slowly inflate. Hold onto it. Maybe get a few more, then you cold sell back and make (4X) what you paid.

People always tell me it doesn't work. I have the results to say they do.


Better Tips

    Copy your password!

    This makes it easier to paste and make a bid when you see an item about to expire. You can also use Firefox's save password feature to have it auto-pasted whenever it's asked.

    Never bid too much on an item!

    If someone is trying to beat you out of an item, and the bids are getting closer to the Market Value, forget about it. It will do you no good if you lost gold in the fight.

    Be persistent!

    If an item only has a few minutes left, stay on the item's page and refresh every ten or so seconds to see if anyone else has placed a bid. [This may be hard for people on a 56K modem.]

    Check a seller's online status.

    If they are online, odds are they're going to cancel the sale if the current bid isn't what they wanted. This means you wasted all that time when you could have gotten a better item.

    Purchase an item that is SLOWLY inflating.

    Watch it. If you buy more than one, and don't pay attention, they could deflate and you could be out big gold.

    Don't wait for an item to reach a crazy price.

    If you have five Demonbows, and you notice they stopped rising for about a month, sell two of 'em. This way, if they start to deflate, you have the spare gold from the previous ones to fall back on.

    Always have a backup plan.

    If an item drops in price and you invested in it, try to find a way to cushion your gold drop. Don't panic and sell all them at the last minute. Hold onto a few. It may just be a temporary drop, then they could rise to a price where you can't repurchase them.

    Stock up on Monthly Collectibles!

    I know, I know. Not everyone is able to get their hands on sealed envelopes. BUT for those that can, it's smart to watch the build of hype for a month's item. This way you know if you should invest in those or not. You can usually tell if they're gonna plummet or climb in price.

    Watch when you sell!

    This is important because the time you sell can make all the difference. Take for instance around Christmas time this past year, OMFGs and Lunar Cloaks rose about 20K in two days. They haven't sunk far below that since. Always watch for certain times when demand for items is higher. Summer Vacation (thank you Snaggel_Tooth) is a good time to sell because users are out on break and flooding Gaia. They have more time to earn gold and buy those items they missed out on during the school year.



Items In High Demand! [MCs, etc.]


April Sealeds: The Sealed Envelopes for this month aren't nearly as pricey as they have been in recent months. But, that's probably because of the March collectibles. My advice, is to donate to the site via cash, get at least four items, this way you can sell two and have two. That or buy some in the MP if you're willing to chance it.

Demonbows: Demand for these has been high, and although they aren't at a high price at the moment, Neo predicts they will reach at least 60K over the next few months.

Goti/Bani Clips: These have jumped around in price, but are steadily increasing. If you want a long term investment, it's here.

OMFG/BTK: These have been dropping in price, however it's a temporary drop. Get one while they're hot, and cheap!

Got info? Wanna have it posted up here? PM Neo with it and he'll put it up.

Invisible Elder

8,800 Points
  • Invisibility 100
  • Mark Twain 100
  • Megathread 100
Oh yeah. It works.

I'm just too lazy for that s**t. xd


I really wish I had the time and will to do all that. I'd make a bundle. But eh. I suppose I'm doing alright for myself anyhow. XP

I've never done that, because once I buy something, I can't make myself sell it. xD And plus, I can't seem to even make enough money to buy anything, in the first place.
i can never type my password or anything

fast enough for that

either seller cancels


or someone outbids me in the last millisecond.

D:

getting my crown
would be so much easier if i could do that.
Lately I've been trying stuff like that..

But I always get out bidded (Even with 5 seconds left! gonk ) or the seller cancels.
(I could of got a brown giftbox for 3k and sold it for 5k, but he canceled it.. )
Splungent Floob
i can never type my password or anything

fast enough for that

either seller cancels


or someone outbids me in the last millisecond.

D:

getting my crown
would be so much easier if i could do that.
A lot of the time, the seller is watching the bidding, trying to get a good price.
Which is why you check to see if they're online first, then you know if you have a chance.
I'm way too slow, I never get the underpriced items, because everyone wants them.
I do it every day and I love it. X3 Gives my quiet gaian life some spice.
TimHamm
Lately I've been trying stuff like that..

But I always get out bidded (Even with 5 seconds left! gonk ) or the seller cancels.
(I could of got a brown giftbox for 3k and sold it for 5k, but he canceled it.. )
Within the last few seconds, raise your bid about 1-5K.
Some users simply raise you by 1G so they don't have to spend more than they have to. By raising quickly, any bids someone may have tried to cut in with can be canceled out.
[~NEO~]
Splungent Floob
i can never type my password or anything

fast enough for that

either seller cancels


or someone outbids me in the last millisecond.

D:

getting my crown
would be so much easier if i could do that.
A lot of the time, the seller is watching the bidding, trying to get a good price.
Which is why you check to see if they're online first, then you know if you have a chance.

even if i time it though,
so that they're offline,

someone else is watching the item too. so in the last half-minute i'll bid but then someone'll really quickly outbid me. D:
I do it all the time, and it works wonders <3

Except I use the Exchange too~

For example, today I traded:

My G Pin + Red Wine Pimpin' Hat for a Coco
then my Coco for a G Pin + Dark Halo

+25k <3

Fashionable Fatcat

It works, but im not good at it. I always end up loosing more than I gain.
Splungent Floob
[~NEO~]
Splungent Floob
i can never type my password or anything

fast enough for that

either seller cancels


or someone outbids me in the last millisecond.

D:

getting my crown
would be so much easier if i could do that.
A lot of the time, the seller is watching the bidding, trying to get a good price.
Which is why you check to see if they're online first, then you know if you have a chance.

even if i time it though,
so that they're offline,

someone else is watching the item too. so in the last half-minute i'll bid but then someone'll really quickly outbid me. D:
Check my last post.
Raising your own bid a few thousand at the last second can resolve that issue.
Sometimes you win, sometimes you lose. It's chance, but you get good at it and win most of the time.
;D
Splungent Floob
i can never type my password or anything

fast enough for that

either seller cancels


or someone outbids me in the last millisecond.

D:

getting my crown
would be so much easier if i could do that.


You don't type your password silly; you copy&paste it ;D

That or change your password to like 123, but the former is way safer xp
thats how i earn all my gold. heart

Quick Reply

Submit
Manage Your Items
Other Stuff
Get GCash
Offers
Get Items
More Items
Where Everyone Hangs Out
Other Community Areas
Virtual Spaces
Fun Stuff
Gaia's Games
Mini-Games
Play with GCash
Play with Platinum