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Crown of seasons skyrocketed
Quick find code: 17-18-725-66199191
Sometimes a dump follows a pump. Hoarding is part of the explanation, not only inflation. That's true of all items. Whether an item goes up or down depends partly on whether hoarders decide to buy more, sell higher, dump, etc. There's no way to predict such a thing.
Prices are determined by the marginal items that are for sale. If sellers refuse to sell for a lower price, then a price can hold higher - and vice versa. I've had a gem sack for sale for ages. I refuse to sell for less; buyers refuse to pay more. As a result, no gem sacks are known to have traded in a long time. It might be that they never trade again. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
Prices are determined by the marginal items that are for sale. If sellers refuse to sell for a lower price, then a price can hold higher - and vice versa. I've had a gem sack for sale for ages. I refuse to sell for less; buyers refuse to pay more. As a result, no gem sacks are known to have traded in a long time. It might be that they never trade again. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
20-Jan-2021 16:33:56 - Last edited on 20-Jan-2021 16:36:04 by Trip180
Trip180 said: Specifically, the following is golden advice:
"Sometimes a dump follows a pump. Hoarding is part of the explanation, not only inflation."
@ Kiliandj - I'd definitely echo the above, and say you should evaluate the "opportunity cost" putting that GP elsewhere. If you're someone who likes to PVM, chances are selling and investing in the gear you need to PVM could yield a far greater return over the span of the year. Sometimes people decide to reinvest into other items that they think are undervalued, and may turn into "winners". There's definitely risk involved in both holding, or selling.
What exciting times we're witnessing in this market.
@ Kiliandj - I'd definitely echo the above, and say you should evaluate the "opportunity cost" putting that GP elsewhere. If you're someone who likes to PVM, chances are selling and investing in the gear you need to PVM could yield a far greater return over the span of the year. Sometimes people decide to reinvest into other items that they think are undervalued, and may turn into "winners". There's definitely risk involved in both holding, or selling.
What exciting times we're witnessing in this market.
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20-Jan-2021 16:54:27
Does a pump generally follow a dump on an item?
Theos said :
Trip180 said: Specifically, the following is golden advice: "Sometimes a dump follows a pump. Hoarding is part of the explanation, not only inflation."
@ Kiliandj - I'd definitely echo the above, and say you should evaluate the "opportunity cost" putting that GP elsewhere. If you're someone who likes to PVM, chances are selling and investing in the gear you need to PVM could yield a far greater return over the span of the year. Sometimes people decide to reinvest into other items that they think are undervalued, and may turn into "winners". There's definitely risk involved in both holding, or selling.
What exciting times we're witnessing in this market.
Theos said :
Trip180 said: Specifically, the following is golden advice: "Sometimes a dump follows a pump. Hoarding is part of the explanation, not only inflation."
@ Kiliandj - I'd definitely echo the above, and say you should evaluate the "opportunity cost" putting that GP elsewhere. If you're someone who likes to PVM, chances are selling and investing in the gear you need to PVM could yield a far greater return over the span of the year. Sometimes people decide to reinvest into other items that they think are undervalued, and may turn into "winners". There's definitely risk involved in both holding, or selling.
What exciting times we're witnessing in this market.
21-Jan-2021 09:43:03
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