How to buy IOs...for FREEEE!!!
Just make sure the "last 5" are all within a day or two. If you're seeing sales that extend out for months, yeah, this is prolly not a niche you wanna invest 200M into.
As for risk, well, of course there's risk. So start out small and scale upwards once you have a solid niche. I however never bought in too big, i.e. 10 at a time, cuz I didn't want to flood the market. I'd go tops 5 at a time, but that's more work intensive. Of course, that's also why I "retired" after working the market for about 18 months.
But hey, if you're too lazy/chickensh** to make your own billions (and really quite easily), more for the rest of us (unretired folks, anyway).
An Offensive Guide to Ice Melee
[QUOTE=Fulmens;2952756]Enyalios: you can always buy up the underpriced, crafted ones and relist them higher.
I've been burned bad doing that before. I thought Ragnarok Dam IOs were underpriced compared to the recipe once and put a bid out for 5 of them. All of mine filled ASAP and then the recipe's price dropped as well. I think I lost like 300-400M between relisting and stuff....though I did just keep 2 for new alts. I try to make sure when I do this stuff now that its stuff I wouldn't be annoyed to be "stuck" with 10 of in the base honestly.
Sometimes I will act as a market maker for an IO and set a min price. But its usually really lowball cause I don't want to be an IO flipper. Of course doing this discourages the market PvP I discussed earlier because I can usually outlast someone else's trying to ruin a market by making us both lose money.
Enyalios: you can always buy up the underpriced, crafted ones and relist them higher.
Gavin Runeblade: How many frankenslot IO's do you have to invest in, before noticing none of them are selling, to lose hundreds of millions? By my math, that's like a hundred. . . |
"Hmm, I guess I'm not as omniscient as I thought" -Gavin Runeblade.
I can be found, outside of paragon city here.
Thank you everyone at Paragon and on Virtue. When the lights go out in November, you'll find me on Razor Bunny.
This approach has its uses. The concept of buy 2, use 1, sell 1 (or 9)
isn't new or particularly difficult.
Doing that isn't free, certainly, but it definitely defrays the costs of the IO's
you're buying for yourself. Depending on how far you take the approach it can
be a significant inf maker as well.
In terms of risk, there are two sides to that coin. Somebody said don't do
this with certain IO's (sleep, confuse, etc.) that aren't good sellers or you
could lose inf.
Possibly - but the flip side of that same coin is that most of those "crappy"
recipes also cost next to nothing (typically 100-1000 inf), so there's not
much cost to defray in the first place, and therefore no need to sell any.
The good ones, however, can make you a decent shekel or two while kitting
out your own build at the same time...
Regards,
4
I've been rich, and I've been poor. Rich is definitely better.
Light is faster than sound - that's why some people look smart until they speak.
For every seller who leaves the market dirty stinkin' rich,
there's a buyer who leaves the market dirty stinkin' IOed. - Obitus.
For all the people who've said "it's not new": You're right. But it's going to be new to SOMEONE.
Mini-guides: Force Field Defenders, Blasters, Market Self-Defense, Frankenslotting.
So you think you're a hero, huh.
@Boltcutter in game.
If you aren't sure you have common sense, you can use the "last 5 sold" dates for the crafted as a good guide.
Mini-guides: Force Field Defenders, Blasters, Market Self-Defense, Frankenslotting.
So you think you're a hero, huh.
@Boltcutter in game.