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Flipping?


viktor_wins

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Flipping is when a "merchanter" buys an item for a said price, and then right after the GE time limit is over, they resell the item for a bit higher of a price.

 

Some examples are buying a SGS for 100k under medium price, waiting four hours (?), and selling for 100k above medium price. This way, per flip of an item, you would make 200k, in this example.

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Quoting myself from a previous thread, the prices might be a bit off.

 

Here's an example:

Dragon Boots: -17.3k (today)

Medium Price: 483.3k

-From looking at the graph it seems they should have a nice bounce (rise in price), and thanks to the recent drop you should be able to buy them for about 10k under medium.

-Considering the maximum you can buy is 10/4h, buy 10 at around 470k-475k.

-These can then sell for around 485k-490k overnight or in the next four hours, equalling to a nice 100k-200k profit having used less than 5m of your cash pile and only 1 spot in your grand exchange offer boxes.

-This sort of technique multiplied by 3-5 offers at one time can equal 1m+ overnight / in 4 hours.

-Also note Dragon Boots are quite low in price (>500k). If I had used something a little more pricey (e.g. Dharok Helmet) OR something that can be bought in bulk (e.g. 10k Dragon Bones/4h) then the profit would increase dramatically. But also take not it is slightly more risky.

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