Comments on: Auctioneering 101: When to Cut Your Losses http://www.mmoauctioneer.com/2007/12/auctioneering-101-when-to-cut-your-losses/ ...legal ways to make money in an mmo Tue, 06 Jan 2009 07:46:06 +0000 http://wordpress.org/?v=2.6.3 By: FoamPeanut http://www.mmoauctioneer.com/2007/12/auctioneering-101-when-to-cut-your-losses/#comment-22 FoamPeanut Tue, 04 Dec 2007 02:12:46 +0000 http://www.mmoauctioneer.com/2007/12/auctioneering-101-when-to-cut-your-losses/#comment-22 So true! If it's not working out: MOVE ON! I've run into this several times, and it usually turns into an emotional thing. But you've just got to let it go. Bite the bullet. Clear out your inventory and keep the business moving. Unless you've got money you're not investing, then you will most likely have to pass up on smaller deals that would have been profitable. While taking a risk is a great way to get started, don't take one if you don't need to. A few months ago I found a great deal on a Crystalforged War Axe... just before they nerfed it. It was trading for about 200g at the time (when it was +50 Str) and then they switched it to +50 Sta. It trades now for about 45g. Another player was nice enough to point out the change and I cut the price to about what I paid for it and dumped it. Fortunately it worked out. So true! If it’s not working out: MOVE ON! I’ve run into this several times, and it usually turns into an emotional thing. But you’ve just got to let it go. Bite the bullet. Clear out your inventory and keep the business moving. Unless you’ve got money you’re not investing, then you will most likely have to pass up on smaller deals that would have been profitable. While taking a risk is a great way to get started, don’t take one if you don’t need to.

A few months ago I found a great deal on a Crystalforged War Axe… just before they nerfed it. It was trading for about 200g at the time (when it was +50 Str) and then they switched it to +50 Sta. It trades now for about 45g. Another player was nice enough to point out the change and I cut the price to about what I paid for it and dumped it. Fortunately it worked out.

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