So I'm using the Auction guide, looking at what it suggests I buy, adding them to the shopping list, keeping an eye out for the "buy this" gold coin icon and snapping them all up.
Now, once I've picked them up from the mail box I go back to the auction house and hit the "Appraise" button, which tells me the items I've just bought status is "Prices are down, you may want to wait". Do I...
a) Re-list the right away, knowing I've just bought out all the cheap ones and can flip them for a higher price, just undercutting the next highest seller. Even though the price I'm undercutting may still be below the historic average?
...or...
b) Hold onto them slowly filling up the bank until such a time the status changes to green or yellow. In it for the long game?
In the last 24 hours I've flipped a few things (Windwool Cloth, was one) even though it said the price was low & the status was red, just to test and it sold for more than I bought it just fine.
But I'm also aware that things tend to sell better at the weekend, and the prices sometimes tend to go up then... buying during the week and selling at the weekend seems like a good tactic.
So, should I hold out until the status goes green, or buy and flip right away?
Cheers
Now, once I've picked them up from the mail box I go back to the auction house and hit the "Appraise" button, which tells me the items I've just bought status is "Prices are down, you may want to wait". Do I...
a) Re-list the right away, knowing I've just bought out all the cheap ones and can flip them for a higher price, just undercutting the next highest seller. Even though the price I'm undercutting may still be below the historic average?
...or...
b) Hold onto them slowly filling up the bank until such a time the status changes to green or yellow. In it for the long game?
In the last 24 hours I've flipped a few things (Windwool Cloth, was one) even though it said the price was low & the status was red, just to test and it sold for more than I bought it just fine.
But I'm also aware that things tend to sell better at the weekend, and the prices sometimes tend to go up then... buying during the week and selling at the weekend seems like a good tactic.
So, should I hold out until the status goes green, or buy and flip right away?
Cheers
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