Runescape gold market

[Buddy Evergreen]

Hello, currently I am trying to slide my way into the 07 Runescape Gold market on a small scale. Do you think its tangible for somebody without a huge bankroll? Can it profitable? Is it still expandable into the other markets? How saturated is the RSPS sales right now?

Does anybody have any insight / tips they would like to give towards me for putting the foot in the door to the gold market?

If anybody would like to skype with me about this matter, just IM. I'd enjoy that as well, always down for a good conversation @ buddy.evergreen

 

[Kross]

As someone who started not long ago, margins are really shitty. If you're buying gold just to sell it you'll make around 4-5 cents maximum per mil with hundreds of other people you'll be competing with. If I were to become 100% serious I would just invest in a website. It'll be a lot harder for you too when you're not very trusted. What I do is buy a decent amount, stake most of it then sell off my winnings. I recommend buying a donator as soon as possible just because people will be able to trust you with more if you have something to lose

 

[Extrude]

lots of clueless people buy gp at like 1.40/m when they can get it for 1.15/m, just gotta get yourself out there bud

 

[Buddy Evergreen]

Yeah that's what I'm figuring, and it's funny you bring up a website. I am currently constructing my website, since I went to college for web design it should be rather easy. As far as donating goes, I don't feel the need to donate money to show I'm trustworthy I'd rather earn it through vouches. Simply because say I donate 25$ and get s.v.u. How does that prove in any way shape or form that I'm not going to scam say 50-100$? It doesn't but does 200vouches of selling gold? Sure does right? And I mean like I get the concept and it helps the site but it's such a flawed silly system IMO.

 

[Kross]

Yeah that's what I'm figuring, and it's funny you bring up a website. I am currently constructing my website, since I went to college for web design it should be rather easy. As far as donating goes, I don't feel the need to donate money to show I'm trustworthy I'd rather earn it through vouches. Simply because say I donate 25$ and get s.v.u. How does that prove in any way shape or form that I'm not going to scam say 50-100$? It doesn't but does 200vouches of selling gold? Sure does right? And I mean like I get the concept and it helps the site but it's such a flawed silly system IMO.

Everyone has their "number", being a donator just moves it up a little. I've seen scam reports for people scamming 5M. If you're a $25 donator, $200 then people can assume they can trust you with a little more.

 

[Buddy Evergreen]

Everyone has their "number", being a donator just moves it up a little. I've seen scam reports for people scamming 5M. If you're a $25 donator, $200 then people can assume they can trust you with a little more.

I agree, I just would rather earn my trust than buy it.

 

[Strong]

It's fairly easy compared to other markets due to the staking community and GP demand

 

[Kross]

It's fairly easy compared to other markets due to the staking community and GP demand

Look at how much competition there is. I don't believe that there is more demand than supply and that's why gold has been dropping in price