How long does the market take to un-tank?

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I’m new to flipping and I have 300k in sell orders that are now worth 100k. Do I just hold them or take the L? How long does it take for the market to stabilize after a crash like this?

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Pack sale is for one week

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So does it usually fix itself right after the sale?

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@teecozee_psn said in How long does the market take to un-tank?:

I’m new to flipping and I have 300k in sell orders that are now worth 100k. Do I just hold them or take the L? How long does it take for the market to stabilize after a crash like this?

If anything I would be buying what you were flipping at near lowest prices and ride this out. I'll personally will take a break from flipping for 2 weeks. At that point I'll reevaluate any outstanding sell orders.

SDS

Not complaining about this one bit, i'm cleaning up on some of these cards that have dropped heavily. Finally got Martinez All Star card, along with Matthews, Morgan, Maddux, Jansen and Hershiser. This price drop deffinetly helps prepare for the big collection.

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@theblindrhino said in How long does the market take to un-tank?:

If anything I would be buying what you were flipping at near lowest prices and ride this out. I'll personally will take a break from flipping for 2 weeks. At that point I'll reevaluate any outstanding sell orders.

That’s actually really good advice, I’m just extremely antsy. That was the last big score I needed to get Trout. So you’re saying it’ll probably be close to normal in a couple of weeks?

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@teecozee_psn said in How long does the market take to un-tank?:

@theblindrhino said in How long does the market take to un-tank?:

If anything I would be buying what you were flipping at near lowest prices and ride this out. I'll personally will take a break from flipping for 2 weeks. At that point I'll reevaluate any outstanding sell orders.

That’s actually really good advice, I’m just extremely antsy. That was the last big score I needed to get Trout. So you’re saying it’ll probably be close to normal in a couple of weeks?

Maybe 85-90% of what it was. I got six Trouts. We have opposite problems right now.

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I bought a ton of Trevor Story’s. I already invested when he went gold so definitely buy even more now and wait. It will bounce back relatively quickly

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@genopolanco_psn said in How long does the market take to un-tank?:

I bought a ton of Trevor Story’s. I already invested when he went gold so definitely buy even more now and wait. It will bounce back relatively quickly

Bingo. Trevor Story’s margin was ridiculous this morning, so that’s a bulk of the 300k I have in limbo.

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@teecozee_psn said in How long does the market take to un-tank?:

@genopolanco_psn said in How long does the market take to un-tank?:

I bought a ton of Trevor Story’s. I already invested when he went gold so definitely buy even more now and wait. It will bounce back relatively quickly

Bingo. Trevor Story’s margin was ridiculous this morning, so that’s a bulk of the 300k I have in limbo.

@teecozee_psn said in How long does the market take to un-tank?:

@genopolanco_psn said in How long does the market take to un-tank?:

I bought a ton of Trevor Story’s. I already invested when he went gold so definitely buy even more now and wait. It will bounce back relatively quickly

Bingo. Trevor Story’s margin was ridiculous this morning, so that’s a bulk of the 300k I have in limbo.

I would bet every stub I have he goes Diamond again at some point. There’s not much risk.

SDS

Content will become more reward heavy going forward. This will keep downward pressure on prices. 90+ packs are out now, lots of packs coming from conquest, events and daily's. I wouldn't expect to see yesterdays prices again all year.

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Most of the live series cards will not recover from this (near quick sell value for sub 90 diamonds and all golds), it will take until the next stub sale to have any sort of impact upwards for the overall market. Speaking of stub sale, they usually do one around 4th of July, so maybe they drop that on us this week to help mitigate market impact. We’ll see

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@samguenther1987 said in How long does the market take to un-tank?:

Not complaining about this one bit, i'm cleaning up on some of these cards that have dropped heavily. Finally got Martinez All Star card, along with Matthews, Morgan, Maddux, Jansen and Hershiser. This price drop deffinetly helps prepare for the big collection.

I have a feeling there is a collection coming right after this sale.

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I need to know the same thing about crypto

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@koufax_yourself said in How long does the market take to un-tank?:

Content will become more reward heavy going forward. This will keep downward pressure on prices. 90+ packs are out now, lots of packs coming from conquest, events and daily's. I wouldn't expect to see yesterdays prices again all year.

The real reason is because I bought Trout earlier in the week. You're welcome, everyone

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@lischynski_psn said in How long does the market take to un-tank?:

@koufax_yourself said in How long does the market take to un-tank?:

Content will become more reward heavy going forward. This will keep downward pressure on prices. 90+ packs are out now, lots of packs coming from conquest, events and daily's. I wouldn't expect to see yesterdays prices again all year.

The real reason is because I bought Trout earlier in the week. You're welcome, everyone

Dude -- I bought him yesterday.....i worked all week to get enough stubs to buy him before the program ended so i could start inning 4 with my shiny new Trout --
if i would have waited one more day i could have saved all that work and hundreds of thousands of stubs....

Its so deflating to know you not only wasted hours and hours of time, but all the currency you made in those hours and hours, too.

I want to eat my controller.

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@x-alec_j-x_psn said in How long does the market take to un-tank?:

@lischynski_psn said in How long does the market take to un-tank?:

@koufax_yourself said in How long does the market take to un-tank?:

Content will become more reward heavy going forward. This will keep downward pressure on prices. 90+ packs are out now, lots of packs coming from conquest, events and daily's. I wouldn't expect to see yesterdays prices again all year.

The real reason is because I bought Trout earlier in the week. You're welcome, everyone

Dude -- I bought him yesterday.....i worked all week to get enough stubs to buy him before the program ended so i could start inning 4 with my shiny new Trout --
if i would have waited one more day i could have saved all that work and hundreds of thousands of stubs....

Its so deflating to know you not only wasted hours and hours of time, but all the currency you made in those hours and hours, too.

I want to eat my controller.

Exactly. I'm happy for everyone else being able to complete the LS collection, but it just sucks in our own case.

Oh, I also bought Cole so I'm out over 200k, which is a LOT for a player that's NMS and doesn't flip the market.

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I use these crashes to stock up on players for exchanges for TA's.

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It’ll probably go back up for 74/79/84 players Tuesday; we’ll be 4 days from an attributes update

SDS

market will stay the way it is now, if people needed a card theyll get it now, after the 1/2 price packs are people really going to need these high dollar live series cards??? i just dont see it..