Whats the demand for gold?

[X4NRSA]

Ive sold more than 2 bill 07 gold to gold merchants because I did not want to go through the hassle of opening a gold shop but now I see that the extra 0.5c/M will really make my profits bigger.

Long story short, is the market big enough to sell about 1b 07 gold monthly at competitive rates without losing too much time?

 

[Sempiternally]

Ive sold more than 2 bill 07 gold to gold merchants because I did not want to go through the hassle of opening a gold shop but now I see that the extra 0.5c/M will really make my profits bigger.

Long story short, is the market big enough to sell about 1b 07 gold monthly at competitive rates without losing too much time?

Yes, you will have no problem getting rid of it. But the problem is if its all on 1 acc, the chances of a ban.

 

[Chris]

Imo, your gonna get a ton of people trying to use paypal to chargeback, and if you use PA there fees will eat the profits your making over selling to a gold merchant. So if you wanna do this, your best bet is to invest $200-300 in a website and sell it there for .1-.25c cheaper then the gold merchants to help prevent chargebacks. If you don't wanna spend a lot of time doing this, then don't bother.

 

Join the DDIS with MMORPG

 

[zgangz]

Its not like you're getting a free 50cents, you have to take bigger ban risk, accept payment methods customers wanna pay with, deal with scammers and spend a lot of extra time.

 

[S]

Its not like you're getting a free 50cents, you have to take bigger ban risk, accept payment methods customers wanna pay with, deal with scammers and spend a lot of extra time.

Exactly.

Weigh the pros and cons. Would you rather a guaranteed safe payment from reputed gold merchants, or a higher reward with certain risk.

 

[Nytrix]

Ive sold more than 2 bill 07 gold to gold merchants because I did not want to go through the hassle of opening a gold shop but now I see that the extra 0.5c/M will really make my profits bigger.

Long story short, is the market big enough to sell about 1b 07 gold monthly at competitive rates without losing too much time?

If only it was that easy ^_^

 

[alfie42]

idk if rs 07 dies idk if there will much demand for eoc anymore

 

[X4NRSA]

Its not like you're getting a free 50cents, you have to take bigger ban risk, accept payment methods customers wanna pay with, deal with scammers and spend a lot of extra time.

Well to rephrase the question, is it worth the time to deal with it all?
My income of 07 gold is just going to get bigger and bigger.
I usually find 3 buyers a week and dump 70m-100m to each of them and move on, 15 mins out of my day.

edit - Someone gave me some good advice, As I am a uni student, I dont have the time to invest hours a day dealing with people who may potentially scam me.
I do admit the extra $500 a month is alluring

 

[l0llyp0pst3r]

Ur rlly gonna have to consider scammers especially if u use pp as a method to get the money. Ban rates as well eventually u gotta ask urself if the risks will be worth the extra cash. Time wise if ur gonna sell at market rates, u aint gonna consistently find buyers who are buying large amounts, usually u will get ppl buying 5-20m or so so definitely it will take more time

 

[Tyler]

If your income is so large that you would earn 500$ from an extra .5 cents a mil I wouldn't bother. Go the safe route

 

[RocketPower]

safe route dont bother going small on gp market.

 

[ConnorP]

in my experience with selling gold paypal is probably the worst payment method to go through seems like most members here on sythe in the rsgp buying community just seem to chargeback nowadays