@hubijerk_psn said in eroding margins in the Market:
@xxdeathreyxx_psn said in eroding margins in the Market:
Remember that a huge number of people are flipping so a lot of the time you are just selling to other flippers. Volume>>>>>Margin. You might get a better price but another guy just sold 5 while you waited.
This is big too.. Volume, you need volume. I got into a little spiff with a streamer not too long ago who insisted people were breaking the market by doing stupid things... I tried to explain, to no avail, that those mistakes actually created the market. He was pointing out these bigs gaps on cards also and I tried again, unsuccessfully to explain that sometimes those big gaps you see are on cards that don't move, no volume... whats the point in making 20k if in that amount of time you could have made 40 by flipping cards that move...
This is what I finally understood this year. I came here from madden where it's less about volume and more about the profit per card flipping.
This year I figured it out that MLB was about volume mostly. Esp early on. I mean sure there cN be good profit flips but I completed the LS collection last night with 900K in the bank (gotucky and pulled trout and cole) mostly on the back of 200-600 profit flips in massive volume.
Previous years I treated it like madden which didn't work and I'd get frustrated and stop trying. Glad I put in some time to figure it out this year.
Now I can expand beyond flipping into short-term and long-term investments that I hope will pay off.