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Just Can't Grasp The Flipping Concept

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  • ThaGhettoBlasta_PSNT Offline
    ThaGhettoBlasta_PSNT Offline
    ThaGhettoBlasta_PSN
    wrote on last edited by ThaGhettoBlasta_PSN
    #1

    I'm slow AF, but want to understand it more. Anyone have any flipping advice? I flipped with a guy on-line but it's just not sticking. I've tried the Show Zone for flipping, but it's all in Japanese to me.

    MathMan5072_PSNM Jaytal6_PSNJ 2 Replies Last reply
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  • cbpm72_PSNC Offline
    cbpm72_PSNC Offline
    cbpm72_PSN
    wrote on last edited by
    #2

    Do the 10% tax math in your head really quickly before someone else buys the cheap card. If the sum of the cheap card and the 10% tax you'll lose when the card sells is less than the value of the next-lowest card, you're good to flip. You can list higher (and wait longer) if you want to max your profit.

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  • MathMan5072_PSNM Offline
    MathMan5072_PSNM Offline
    MathMan5072_PSN
    replied to Guest on last edited by
    #3

    @thaghettoblasta said in Just Can't Grasp The Flipping Concept:

    I'm slow AF, but want to understand it more. Anyone have any flipping advice? I flipped with a guy on-line but it's just not sticking. I've tried the Show Zone for flipping, but it's all in Japanese to me.

    Start with smaller, low risk items.

    I used to flip silver cards. I’d buy 50 silvers for 3 more than sell now and then sell for 3 less than buy now. If I buy for 150 and sell for 280, the 280 - 28 for tax brought back 252. So, I made 102 stubs. If I did that for 50 cards, that’s 5000 stubs.

    After you get a feel for it, you can move up to other cards. My advice is to pick cards that are going to have a lot of buys and sells. For example, if a choice pack like space pack drops, that usually has a lot of action. A br card on the other hand won’t hardly have any. So, even though that be card has a large margin, it might take a long time or in that time several people will out bid you.

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  • Jaytal6_PSNJ Offline
    Jaytal6_PSNJ Offline
    Jaytal6_PSN
    replied to Guest on last edited by
    #4

    @thaghettoblasta said in Just Can't Grasp The Flipping Concept:

    I'm slow AF, but want to understand it more. Anyone have any flipping advice? I flipped with a guy on-line but it's just not sticking. I've tried the Show Zone for flipping, but it's all in Japanese to me.

    All you have to know is how to buy and sell cards and count to ten. Sell anything and everything that can make a profit. Just look for items that have a large margine plus 10%. And you will make plenty of stubs.

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  • loveyeshu33_PSNL Offline
    loveyeshu33_PSNL Offline
    loveyeshu33_PSN
    wrote on last edited by
    #5

    I made enough to complete the Live Series collection by flipping high end cleats. Buy 10k early in the morning sell for 20k at prime time

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