i knwo this has been asked. but i cant fidn anthign on it. I have about 50M spare cash atm. I wanna start flipping things... i know d boots are good... but what do i do exactly? put an offer in for 20 pairs below medium price? then after 4 hours sell them over med price? please, sorry i know im noob. please help me lol
There's plenty of free guides about flipping, so i'd suggest looking there. I'll give you the jist of it.
With 50M don't expect to see huge profit margins. Barrows is always a good item to merch, and things that can only be recreated in a few ways. (Barrows, only via mini game, Amulet of accuracy, only via quest)
If you don't believe me, an amulet of accuracy is worth about 65k right now. and i'm one of the people riding that merch out...
You buy an item with a clan at max price, and as the demand overwhelms the supply, the price increases. Then you sell whenever you'd like.
^ That's merchanting, now for flipping.
You can pick any item, but it's better to choose ones that are traded often. Food, pking supplies, etc.
Buy in bulk for a little under mid, then sell at mid or a little over. This would work indefinetely as much as you'd like it to, however the GE limits you at x amount of an item per hour, so most people that are hardcore into flipping do several items at a time.
I hope I helped, if you have any questions let me know.