danetello Posted May 28, 2009 Share Posted May 28, 2009 I bought a santa a few days ago for about 13.8m. Now it's gone up to 14m (went up 110k today :shock:) so I was thinking of maybe selling it at max and buying it back later when it drops. What do you think I should do and what how much do you think santa hats will rise to? Link to comment Share on other sites More sharing options...
Gudi Posted May 28, 2009 Share Posted May 28, 2009 Sell it for mid. No one will but it for high, and i do not suggest buying it again as santas fluctuate a lot and you will probably make a loss in the end. Link to comment Share on other sites More sharing options...
danetello Posted May 28, 2009 Author Share Posted May 28, 2009 Sell it for mid. No one will but it for high, and i do not suggest buying it again as santas fluctuate a lot and you will probably make a loss in the end. So should I sell now, or wait for the next update? Link to comment Share on other sites More sharing options...
Gudi Posted May 28, 2009 Share Posted May 28, 2009 Sell it now, the price will not rise any more. If it does, it will drop back to where it is now/was yesterday. You are better off settling with the 110k. Link to comment Share on other sites More sharing options...
danetello Posted May 29, 2009 Author Share Posted May 29, 2009 Any other opinions on this? Link to comment Share on other sites More sharing options...
Assassin1357 Posted May 29, 2009 Share Posted May 29, 2009 If you plan on keeping it for a long time there isn't really any point in selling it because prices will continue to rise and fall Link to comment Share on other sites More sharing options...
Inuashakent Posted May 29, 2009 Share Posted May 29, 2009 If you plan on keeping it for a long time there isn't really any point in selling it because prices will continue to rise and fall This. If you're not going for a permanent investment, you shouldn't do rares anyways... they are too unstable. [Summoning guide (AOW)] [Slayer guide] [Melee & Brawl player] Link to comment Share on other sites More sharing options...
n64jive Posted May 29, 2009 Share Posted May 29, 2009 heres the thing...if everyone sells for high, and everyone buys for high...then prices raise...however, even if ppl buy for high, but you sell for low or mid..prices fall... because of this, the buyers control market. Thats why merchant clans are successful, they get large amounts of ppl to buy for max, and prices rise...This is why dumping is often confused. Even if all the leaders dump their items, but for high...the prices will continue to rise...the thing is, once everyone else tries to dump...there is no lower level buying the items...so they are unable to sell their items. This causes panick, and thats how prices plumet. Sadly the game is played by kids, who do panick. If no one panicked when their items weren't sold, prices would be able to be manipulated by a greater amount. I don't blame merchant clans for taking advantages of Jagex's flawed system...I blame Jagex. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now