Jeevez Posted January 5, 2009 Share Posted January 5, 2009 I would have to say that I know a considerable amount about the economy just from reading guides here and there and a few history classes. I currently have a Santa Hat that I bought about 2 years ago for 22m. About everything I read said that it would be a wise investment. My thinking was that rares would be destined to go up in price. Not the case. When I come back they're 14m. An 8m difference from when I bought it. I've held on to it for about 3 weeks hoping for prices to rebound but it's not looking like they will. I'm looking at the GE 30 day history. With that I can somewhat accurately predict the future. The past shows that it is going down in [bleep]es. From what I can see it just came down from a [bleep]e which means that there will be a [bleep]e soon. When I see the [bleep]e starting to form, should I sell it? Or should I ignore history and just get out now? There's only one more option and that involves keeping it even though it will go down more. Will it eventually make its way back up to 22m? Help on this would be great. It's tough having that much money wrapped up in one item that's slowly losing money. I'm a tad bit worried. Help would be great. Thank you! Link to comment Share on other sites More sharing options...
Sir_Kurity Posted January 5, 2009 Share Posted January 5, 2009 Most rare items are going down since the grand exchange. Perhaps people are realizing they are not worth having. If i were you, i would sell it now to minimize losses. I mean if it didn't go up when the Santa suit was released, when will it ever go up. O.O Link to comment Share on other sites More sharing options...
Dragondan_Ro Posted January 5, 2009 Share Posted January 5, 2009 Most rare items are going down since the grand exchange. Perhaps people are realizing they are not worth having. If i were you, i would sell it now to minimize losses. I mean if it didn't go up when the Santa suit was released, when will it ever go up. Santa hats can only disappear. They can't make new ones. (Although, I'm pretty sure Jagex can now easily just put in a few Santa hats in G.E without us noticing...) Give a man a lighter, and he will be warm for a while.Set a man on fire, and he will be warm for the rest of his life. Link to comment Share on other sites More sharing options...
Sir_Kurity Posted January 5, 2009 Share Posted January 5, 2009 Yea, i know they can't make new ones. But why would you get one anyway, other than for looks which arent that good, and lots of people saying you lent it etc. Not worth it in my opinion. O.O Link to comment Share on other sites More sharing options...
Patson138 Posted January 5, 2009 Share Posted January 5, 2009 Yea, i know they can't make new ones. But why would you get one anyway, other than for looks which arent that good, and lots of people saying you lent it etc. Not worth it in my opinion. +1. Only for the looks. Link to comment Share on other sites More sharing options...
ultimatballr Posted January 5, 2009 Share Posted January 5, 2009 Just keep it. Right now all rares have hit a slump, especially phats. You are not the only person who bought rares with the thought they'd rise then when GE was released watched as the prices plummeted for whatever reason. Just keep it consider it an un-tradeable holiday item and enjoy the fact that you hold a piece of history. I mean obviously you don't absolutely 100% need the money so just accept the loss, keep your "prize" and move on making money with other methods and training your skills. Whatever it is you do to enjoy this game. Apparently, my signature was to big. Link to comment Share on other sites More sharing options...
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