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Flipping Currency as A Way to Make Moeny in Path of Exile
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Those of you who wish to start making real money on the Path of Exile market might start looking into Flipping as a great opportunity. There are quite a few ways in PoE to earn something on the side. However, only with Flipping you will be able to skyrocket in terms of money-making. This method does not require an endgame account. You won't have to be geared for mapping or ready to complete elaborate missions - all that you need to begin is some basic knowledge, time, and a little bit of investment. Long story short, Flipping means buying for less and selling for more. You will be looking for items, and especially PoE Currency , that has some margin between "buy" and "sell" prices. For example, if the regular price of Tabula Rasa is currently 10c at your server, then you will be trying to buy it for 8 or 9 and sell for 12 or 11. There are only two rules to follow. The first one is to never sell items for their standard prices. The second is always to make a profit on your trades. If you can do that, just make sure to look at the market frequently and try to find undervalued items. There is nothing too hard to understand. Everything is plain and simple. Buy for less, sell for more, and make money on Flipping.
Generally, there are two methods of Flipping in pretty much every MMORPG. One is sniping, where you try to hunt a valuable item listed for sale for a very low price. Undervalued high-end items are icing on the cake if you manage to land these. This method requires a lot of patience, time, and some initial investment. Also, keep in mind that it's unreliable. There will be a day that you land several good deals and a day when you snipe nothing.
The other method is bulk Flipping. There are two entry ways for it. Either you have a lot of currency or a considerable amount of items. The margin is small, but the trade volume makes it, so you end up with a profit. The method requires significant investment in the beginning.
How to Flip efficiently
Various websites offer this kind of service. You can see the price at which players buy and the price at which players sell Orbs if you go there. By looking at them, you will quickly notice a trend. Many people who sell their goods go way beyond the item's regular price. On the other hand, buyers are often undercutting item prices to get them cheaply. Usually, those trades are just listed up there for a long time, and no one uses them. However, once in a while, someone wealthy or someone who lacks knowledge will let those people earn money. It is exactly what you should avoid. Listing items well above or well beyond its price makes no sense as you count on other people's mistakes to make money.
When you are listing your Orbs, you have to take into consideration the group of people that you will be targeting. Try to make a "fair" margin on your trades, which will be beneficial for you but won't generate considerable losses for the player that you are trading with. It might seem like a less profitable path of money-making. However, by setting reasonable values on your items, you will gain more customers, and therefore you will trade more often.
How much can you make on Flipping
There are quite many ways to increase your profit margins in the Path of Exile; however, the majority of them involve hunting monsters and depending on the randomness of possible drops. Flipping as a money-making method doesn't provide a steady income as well. Do not get discouraged by tough start and low income at the beginning. You won't be able to double your bank value right away, however, with steady and patient trading, you will unlock for yourself the best Orb Farm in the game. In this method, in general, you should be easily much more profitable than on any other, but keep in mind that this requires more than mindless clicking on endless waves of monsters. You will have to spend some time learning about market prices and trends to determine items that you can earn on, but in general, Flipping is much more profitable than any other method of increasing bank value.
Flipping Currency
You can do this no matter how rich or poor you are. I'd recommend having at least 100c to start this off. Profit margins are slim, but it will be more lucrative, the more currency you have. Let's say we're flipping chromatic orb (not taking into consideration the current exchange rate):
- List single chaos in a premium tab, set the price as 700/100 [Chromatic Orb], and purchase (Buy Order)
- List a single chromatic orb in a premium tab, set the price as 100/600 [Chaos Orb], and sell (Sell Order)
- Profit of 100 Chromatic Orbs per trade
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