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

Tags: Gold, Economics, Investing, Market 

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nai laa

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PostPosted: Sat May 12, 2012 3:38 pm


I bought a Gauntlets and Goblins bundle a while back.
(Though, I only have 8 of them now)
When should I sell it?
Thank you for your time
PostPosted: Sun May 13, 2012 10:41 am


    Whenever you're happy with your profit.

    There's really no correct answer here. The longer you wait, the higher the price will reach but the harder it'll become to sell. Also, the longer you wait, the less capital you have for exchanging and new investments (e.g. the next CI/Advance Chance). You've gotta constantly weigh your options and consider which is the best choice. If you have good reason to believe you could be getting higher returns by investing in a newer bundle, by all means do it.

    Something I like to do is set a target price as well some kind of deadline for each hoard. Once the item hits that price or I reach my deadline, that's my cue to start selling.

5HUE0GHXZ
Vice Captain

Genius


nai laa

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PostPosted: Sun May 13, 2012 10:59 am


Not That Awesome
    Whenever you're happy with your profit.

    There's really no correct answer here. The longer you wait, the higher the price will reach but the harder it'll become to sell. Also, the longer you wait, the less capital you have for exchanging and new investments (e.g. the next CI/Advance Chance). You've gotta constantly weigh your options and consider which is the best choice. If you have good reason to believe you could be getting higher returns by investing in a newer bundle, by all means do it.

    Something I like to do is set a target price as well some kind of deadline for each hoard. Once the item hits that price or I reach my deadline, that's my cue to start selling.

Oooh, thanks!
I would only make a 90k Profit if I sold it now. D;
PostPosted: Tue May 15, 2012 11:58 pm


nai laa
Oooh, thanks!
I would only make a 90k Profit if I sold it now. D;
    No worries.

    I'm waiting for at least a 30% return on mine (1m+ bundle prices), although I don't want to hoard them for longer than 2 months.

5HUE0GHXZ
Vice Captain

Genius

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Investing Elite

 
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