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 Posted: Tue May 24, 2011 9:32 am
This is something most experienced vendors know. Though, your average Gaian might not. When an item first comes out. Its price has not yet stabilized in the market. This means that in most cases. The value of the item will gradually or quickly decrease in value.
It's May 24th, 2011 right now. A great example of new items. Would be the Eternal Rivals Random Item Generator or R.I.G. If you plan on buying any items from this Random Item Generators. I would strongly discourage you from doing so. I've seen the value of the items and the R.I.G.s themselves. Plummet by a significant amount. At the beginning of May. Eternal Rivals Bundle (9 pack). Were selling for somewhere around the 800,000 to 900,000 range. Today on May 24th the 9 Packs are sitting in the 600,000 to 700,000 range. The value of all items that have come out of the Random Item Generators. Have gradually decreased.
There is a way to gauge a general value. Of where an item will stop at. Some items have a Store Price. If the Store Price is for example 60,000. This means that the item can be sold to any basic shop. Or directly from your own inventory for 50% of that value. This means you will get 30,000 pure gold. From an item that has a Store Price of 60,000. Knowing this, you can gauge around the price an item will stop deflating in value. Once its lowered to around the value that you can sell the item in stores. It is safe to purchase that item. I recommend watching the value of the item for a few days though. If you are planning on purchasing the item for your avatar.
Watching the listed price of an item on the market. For a few days prior to purchasing. Will give you a general idea of where the value of that item is going. You can also gain useful information. By clicking on the Show Graphs button. It's recommended that those new to Buying and Selling. Avoid new items that have just came out. The price of these items can easily vary by 10%+ per day.
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Posted: Tue May 24, 2011 9:50 am
Only thing I'd like to add is that if you wait too long, those bundles go up in price. I'm holding some previous rig bundles and they are now up to over a million. So if you want to buy one, buy it when it's in it's 500k-700k mark. Unless it's a really crappy RIG, then the prices WILL rise.
**Of course it's good to note that selling is high during times of recent releases. lol. So you might be able to get more gold if you sell instantly than waiting to see if it will go higher. Unless it's one of the super rare items, the item's price will likely plummet. XD
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Posted: Tue May 24, 2011 9:54 am
That's a pretty solid piece of advise. I've used that method of purchasing Random Item Generators in the past. The Gee Bo's were the last one I took an interest in. By decreasing the cost of the R.I.G itself. You are also increasing your profits. Or, at least decreasing your losses. If you are unlucky with what you get out of the R.I.G.s
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