Welcome to Gaia! ::

Investing Elite

Back to Guilds

A guild of professional Gaian Investors and Exchangers who offer advice on making gold. 

Tags: Gold, Economics, Investing, Market 

Reply Investing Elite
So about released hoards...

Quick Reply

Enter both words below, separated by a space:

Can't read the text? Click here

Submit

DJ R i p o s t e

PostPosted: Thu Apr 21, 2011 10:13 pm


I'm currently new to gaia and the community in general so I have yet to study seasonal trends and the like; but I've noticed something particular in the MP...

That is that people have a tendency to release hoards.

So the question is : should i be hoarding up due to the dip in prices?

Let's take this item for example : User Image

It was nearly 100k right when the hoarder released his hoard.. Should I now be stocking up on this item?
PostPosted: Sun Apr 24, 2011 3:22 pm


I would advise you study the graphs. I am not familiar with this item but looking at its graph for the last month its highest abp was around 56,000. All that are on the market right now seem highly inflated in the low 70k area. The graphs are an invaluable tool to see if an item has been artificially inflated. As to whether this would be a good long term hoard I dont know as i am not familiar with where it came from. Hope this helped somewhat and good luck.

1mithra



Spooky


Smol Spook

50,700 Points
  • SpoOOokie Cookie Camp Haunter 250
  • The Edgiest 250
  • SpoOOokie Cookie Camp Treat Hunter 50
PostPosted: Mon Apr 25, 2011 6:07 am


DJ R i p o s t e
I'm currently new to gaia and the community in general so I have yet to study seasonal trends and the like; but I've noticed something particular in the MP...

That is that people have a tendency to release hoards.

So the question is : should i be hoarding up due to the dip in prices?

Let's take this item for example : User Image

It was nearly 100k right when the hoarder released his hoard.. Should I now be stocking up on this item?


In my opinion I don't think you should ever hoard an item just because you see someone else doing it.

I think you should look at the actual item, the graphs, & the Average Buy Price.

Then, if you think the item is worth it, but a few. But don't spend all of your gold in one item.

Put a limit on how many you would like to buy, & know how much you want to sell them for.

Good luck!
PostPosted: Mon Apr 25, 2011 6:56 am


Unexplained Mystery
DJ R i p o s t e
I'm currently new to gaia and the community in general so I have yet to study seasonal trends and the like; but I've noticed something particular in the MP...

That is that people have a tendency to release hoards.

So the question is : should i be hoarding up due to the dip in prices?

Let's take this item for example : User Image

It was nearly 100k right when the hoarder released his hoard.. Should I now be stocking up on this item?


Right. Thanks alot for the advice. (:

In my opinion I don't think you should ever hoard an item just because you see someone else doing it.

I think you should look at the actual item, the graphs, & the Average Buy Price.

Then, if you think the item is worth it, but a few. But don't spend all of your gold in one item.

Put a limit on how many you would like to buy, & know how much you want to sell them for.

Good luck!

DJ R i p o s t e

Reply
Investing Elite

 
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