What have you guys been up to today?

I was brainstorming ways to try to bring in like 1m a day on Gaia, doing shitloads of homework, and now I might be going to a performance. Not sure yet, because with my broken leg I might be separated from all of my friends which would suck, so I might just not go.

What have you guys been up to? How has your day been?

Flareboy323 wrote:

I was brainstorming ways to try to bring in like 1m a day on Gaia, doing shitloads of homework, and now I might be going to a performance. Not sure yet, because with my broken leg I might be separated from all of my friends which would suck, so I might just not go.

What have you guys been up to? How has your day been?

High-capital start up exchanging. I bring in 1-2m a day on good days when i have time and am bored with the intent to haggle down some niggas

PrincessFluttershy wrote:

High-capital start up exchanging. I bring in 1-2m a day on good days when i have time and am bored with the intent to haggle down some niggas

Woah, what?

Could you explain more in-depth? Is this IRL or in a game or something? lol

Flareboy323 wrote:

Woah, what?

Could you explain more in-depth? Is this IRL or in a game or something? lol

It's in game. If i were making 1-2m a day in the real world I wouldn't be on LG no offense. The concept is pretty simple though. You require alot of gold to start, because you make profits off vending and exchanging in % (typically, dependingly on the challenge of selling some items). Therefore if you resell 1 item worth 10m for a 5% profit, it's much better then 10 500k items @ 10% profit (to boot you have more competition on the 500k items since anyone can buy them, making the profit margins go down to the same margin anyway).

It's simply about taking advantage of people being less stingy about 1-2% discounts, with drastically higher prices. Hard to elaborate more than that while I'm at work.

PrincessFluttershy wrote:

It's in game. If i were making 1-2m a day in the real world I wouldn't be on LG no offense. The concept is pretty simple though. You require alot of gold to start, because you make profits off vending and exchanging in % (typically, dependingly on the challenge of selling some items). Therefore if you resell 1 item worth 10m for a 5% profit, it's much better then 10 500k items @ 10% profit (to boot you have more competition on the 500k items since anyone can buy them, making the profit margins go down to the same margin anyway).

It's simply about taking advantage of people being less stingy about 1-2% discounts, with drastically higher prices. Hard to elaborate more than that while I'm at work.

Oh wow, that sounds awesome. What game, Gaia? Is it just a ton of microtransactions that yield small profits, but when done in huge quantities can gain you large sums of money?

Flareboy323 wrote:

Oh wow, that sounds awesome. What game, Gaia? Is it just a ton of microtransactions that yield small profits, but when done in huge quantities can gain you large sums of money?

That's doable too. That's done in the form of hoarding generally.

The biggest money is simply selling HTS that you obtain cheap in the exchange. Consider it the economic idea of time value of money. If you're willing to spend a week selling something, you can turn a 100% profit. Varies from item to item of course. Cheaper items = lower profit, expensive = more profit