|
|
|
|
|
|
|
|
|
 Posted: Sat Apr 28, 2012 8:30 pm
This is probably old news to everyone else but I think it's awesome
I made a killing on the Love charm III. I bought all the items for the same as the sell back price and in the end bought like 3 mil worth of items 100k at a time.
waited a few month than sold the ones that went up in price on the market place and sold the rest to gaia for my money back instantly.
I did not double my gold but I got back almost 2 mil extra. and that's not to bad since there was no risk at all.
I hope to do this again on other chance items.
If anyone has any no or extremely low risk investments please clue me in.
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Sun Apr 29, 2012 11:14 am
Question:
2million in profit is really very good but:
How much gold did you put into this?
Did you only buy items at sell back price?
About how many items did you buy?
How long did this take?, did you just finish selling your items?
Personally i made alot more gold off of the bundle itself.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Sun Apr 29, 2012 10:53 pm
There's always a risk in capitalism, this isn't a socialist marketplace.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Mon Apr 30, 2012 9:15 pm
Black Bushi and that's not to bad since there was no risk at all. Actually, there was—you just don't realise it. Remember that for every item you sold back for no profit, you could have invested it in another item and made even more gold. That's a risk.
Buying at sellback is a good strategy though. Not the most profitable but there's almost zero chance of losing gold. If that's your style, definitely continue with it. 3nodding
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Sun May 06, 2012 1:53 am
Not That Awesome Black Bushi and that's not to bad since there was no risk at all. Actually, there was—you just don't realise it. Remember that for every item you sold back for no profit, you could have invested it in another item and made even more gold. That's a risk.
Buying at sellback is a good strategy though. Not the most profitable but there's almost zero chance of losing gold. If that's your style, definitely continue with it. 3nodding
♋ Prince Yuui ♋ yum_puddi _________________________________________ yum_puddi Correct me if I'm wrong, but that's just opportunity cost. Risk is when you have the chance of not only getting back to zero, but back to negative. For instance, if you say there is opportunity cost in buying an ice cream, that mean you buy the ice cream, eat it, and doesn't have more money to buy other stuffs to eat. If there is risk then that mean the ice cream can disappear into thin air and you will lose both your money and the ice cream. (Ice cream is my metaphor for profit, by the way) 
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Sun May 06, 2012 3:02 am
Prince Yuui Not That Awesome Black Bushi and that's not to bad since there was no risk at all. Actually, there was—you just don't realise it. Remember that for every item you sold back for no profit, you could have invested it in another item and made even more gold. That's a risk.
Buying at sellback is a good strategy though. Not the most profitable but there's almost zero chance of losing gold. If that's your style, definitely continue with it. 3nodding ♋ Prince Yuui ♋ yum_puddi _________________________________________ yum_puddi Correct me if I'm wrong, but that's just opportunity cost. Risk is when you have the chance of not only getting back to zero, but back to negative. For instance, if you say there is opportunity cost in buying an ice cream, that mean you buy the ice cream, eat it, and doesn't have more money to buy other stuffs to eat. If there is risk then that mean the ice cream can disappear into thin air and you will lose both your money and the ice cream. (Ice cream is my metaphor for profit, by the way) You're right.
It's more like, there's a risk that you'll get one and a half scoops instead of 2. There's also the risk that it'll melt before you finish. Even though you're still getting ice cream, neither of these outcomes is what you wanted.
Opportunity cost is still a risk, IMO. If you invest in something, you're expecting a return on that investment. It's hard to explain in Gaian terms, but say you buy a 10k CI fail prize and you expect it to reach 20k in a month. There's always the risk it won't reach 20k, and there's the risk that another item selling for the same 10k sellback could reach 30k in the same time.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Sun May 06, 2012 7:57 am
Not That Awesome Prince Yuui Not That Awesome Black Bushi and that's not to bad since there was no risk at all. Actually, there was—you just don't realise it. Remember that for every item you sold back for no profit, you could have invested it in another item and made even more gold. That's a risk.
Buying at sellback is a good strategy though. Not the most profitable but there's almost zero chance of losing gold. If that's your style, definitely continue with it. 3nodding ♋ Prince Yuui ♋ yum_puddi _________________________________________ yum_puddi Correct me if I'm wrong, but that's just opportunity cost. Risk is when you have the chance of not only getting back to zero, but back to negative. For instance, if you say there is opportunity cost in buying an ice cream, that mean you buy the ice cream, eat it, and doesn't have more money to buy other stuffs to eat. If there is risk then that mean the ice cream can disappear into thin air and you will lose both your money and the ice cream. (Ice cream is my metaphor for profit, by the way) You're right.
It's more like, there's a risk that you'll get one and a half scoops instead of 2. There's also the risk that it'll melt before you finish. Even though you're still getting ice cream, neither of these outcomes is what you wanted.
Opportunity cost is still a risk, IMO. If you invest in something, you're expecting a return on that investment. It's hard to explain in Gaian terms, but say you buy a 10k CI fail prize and you expect it to reach 20k in a month. There's always the risk it won't reach 20k, and there's the risk that another item selling for the same 10k sellback could reach 30k in the same time. Economics is not really my forte but as I recall there is external and internal risks but as this is just game I might be over-evaluating things as usual.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Mon May 07, 2012 1:13 pm
ShigeruXII Economics is not really my forte but as I recall there is external and internal risks but as this is just game I might be over-evaluating things as usual. I'd say most of the risk on Gaia is external. The thing that influences how well an item does is basically trends of Gaians and release of other items. These things aren't determined by the item itself or the investor.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri May 11, 2012 9:43 am
so... what r some new 100% risk free investments? rigs bundles items?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Wed May 16, 2012 7:46 am
Black Bushi This is probably old news to everyone else but I think it's awesome I made a killing on the Love charm III. I bought all the items for the same as the sell back price and in the end bought like 3 mil worth of items 100k at a time. waited a few month than sold the ones that went up in price on the market place and sold the rest to gaia for my money back instantly. I did not double my gold but I got back almost 2 mil extra. and that's not to bad since there was no risk at all. I hope to do this again on other chance items. If anyone has any no or extremely low risk investments please clue me in. What you did was quite nice. Your idea actually provides another variety of how to buy and sell items. To tweak it up, maybe it would be better to buy the things which you think would most likely increase? ^_^ I'll give it a try. Economics aside, from my opinion, it's not a risk if it's 100% risk-free. ^_^
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Sat Jun 09, 2012 9:28 pm
Mmmmmm my paper/flower business has pretty much no risk. xd
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reply
