Red Mask

[Neglexis]

Thanks to free trade and wilderness coming back, all lower rares are crashing. Hard.

 

Now, what should I do with my Red Mask? It currently has a value of 131m (min at ge, don't expect it to sell over min).

 

So what do you guys think will happen with it? If it is believed to stabilize later, at a price higher or equal to the current price, I'm keeping it. If you think it'll stablize at a lower price I'd be seriously considering selling it.

 

Thanks!

[Bows]

I don't know much about how the rare market works, but I'm going to say that it's going to drop maybe even back to it's original price. I'd advise selling it somewhat soon. However, don't take my word for it!

[Jaffy1]

I'd say keep it.

 

When free trade comes back I doubt many people will be selling rares over the grand exchange anyway, so you should be fine.

[aspeeder]

Why do you have the rare, and do you need the money? The best reason to have a rare is that they are guaranteed to go up in price in the long term, the update may cause the price to go screwy for a while and it may crash hard, but it WILL come back in the long term. In the meantime however, do you have any goals that 131mil would help with? If so ask yourself if the goal is worth losing a long-term investment, or if your goal will allow you go get it back again more easily; remember that free trade will make obtaining rares easier because there's no undervalued trade limit.

[green9090]

Try to sell it for lowest while there is a lowest artificially inflating prices, and then buy it as soon as you can when trade restrictions are gone, and watch it recover.

 

Timing is important here- if you want too long to buy it back you will likely miss the boat, because prices will move fast when they aren't tied to the GE. Though they might recrash again a little later and give you another chance to buy cheap, but then that's treating the free trade economy like the restricted one would be expected to work, and I'm not sure whether that's valid or not.

[sumondskull6]

Mask's, unlike some other rares, can be worn. I do believe they will crash after free trade/wilderness, but they will definitely get back up there, no doubt about it. How long and how much, I don't know lol.

[010jonathan]

I remember the old days when people staked rares and kept death matches for one. I don't know if the current crash has anything to do with free trade or just because Xmas is over; but I expect them to become wanted to stake in the future