Starting up a buy/sell gold

[Shh its joe]

Whilst im botting on 07 and talking to freinds i could easily fit in buying and selling gold for a bit of revenue. I will probably buy via UKBT or paypal, and sell for UKBT and maybe WU if it is a high value trade. I was wondering if anybody could give me advice on how to get it started, what rates i should buy and sell at. Wont hire workers or anything like that, would just like some money to maybe help my mam and save some money up for me in the future.

 

[symphony888]

If you can buy at least a billion, maybe you can buy at .25/M and sell a .30/M and above.

 

[Shh its joe]

If you can buy at least a billion, maybe you can buy at .25/M and sell a .30/M and above.

I'm from uk, 16p per mill buying price and 20p selling price.

So i would buy 1b for £160, then sell for £200
Trade in UKBT obviously because you cant chargeback etrc.

£40 profit per flip sound good?

 

[Joey]

I'm from uk, 16p per mill buying price and 20p selling price.

So i would buy 1b for £160, then sell for £200
Trade in UKBT obviously because you cant chargeback etrc.

£40 profit per flip sound good?

That's the game we play here sir.
Good luck!

 

[Shh its joe]

Thanks guys.
Is there a chance of getting banned? ill probably xfer by wildy or duel areana. I just dont want to get banned and lose £160.
Thanks for all your help guys

 

[Joey]

Thanks guys.
Is there a chance of getting banned? ill probably xfer by wildy or duel areana. I just dont want to get banned and lose £160.
Thanks for all your help guys

A lot of people lately have been getting Reset/Banned and there isn't much to do about it other than being SUPER cautious who you trade to.

 

[Shh its joe]

A lot of people lately have been getting Reset/Banned and there isn't much to do about it other than being SUPER cautious who you trade to.

Is it more from trade logs or trading with people whove already been found and monitored

 

[Joey]

Is it more from trade logs or trading with people whove already been found and monitored

Nobody is really sure.

 

[symphony888]

If you just started doing this, you might get banned. But again Jagex, is random.