Join the new world

UNDERLINE First article

This article will show you how to make significant amounts of money on Erepublik, without owning a company, having a high skill level, or even doing one of those dodgy questionnarie things.

Speculating in the monetary market is entirely legal, and although being very risky, if you do it properly there is big money to be made from doing very little.

Important Initial Information

Unless currency or gold is needed immediately, it is better to sell rather than to buy. This is because the exchange rates fluctuate, and you hold a large amount of an unfavorable currency, there may never be a way out without loss.

In order to see the recommended exchange rates for a certain currency, make, then immediately remove, an offer for that currency. This opens an "account" for that currency, allowing you to see the exchange rate.

Methods Of Speculation

Scalping or Double Sell Method

This is the method used most in speculation and by myself. A profit is made from the difference in the Bid/Ask prices of the exchanges.

For example: YOU (the speculator) put up two offers in the currency market.

(Figures used are made up and not accurate to the actual monetary market)

(First Offer) 1. Selling 1 Gold for 407 RSD/GOLD

(Second Offer) 2. Selling 407 RSD for 0.003 GOLD/1RSD

If both offers are successful, the speculator would have ended up with an extra 0.221 gold per 407 RSD.

THE RISK - The risk for this method comes between the two sales. Market conditions may decrease profits or even result in a loss. For example, if you put an offer selling gold cheaply but then selling RSD cheaply too, you can end up selling only gold and having no-one buyin your RSD which means a loss, so be VERY careful, all offers must be thought through.

Double Buy Method

In the Double Buy Method either currency or gold is being sold at less than what it can be purchased at; this almost always indicates that the seller made a mistake (instead of selling, he should have purchased, or sold at a higher price).

(Figures used are made up and not accurate to the actual monetary market)

The clever part of the Double Buy Method is that the undervalued offering can be repeatedly purchased using the proceeds of the purchase until it is gone. Anyone who has even a little money can take advantage of this. In this example, they can simply purchase gold from person B, then immediately purchase GBP from person A, then use the GBP to purchase gold again from person B until the offer is down.

This is an essentially risk free form of investing. As such, such occurrences are rare, as speculators roaming the monetary market tend to discover them and clear out the offer very quickly.

Buy-Sell Method

This method, combines some of the risk associated with the Double Sell method with the devaluing used in the Double Buy method. It is useful when, in order to profit, the devalued item must be re-sold rather than used in a purchase.
(Figures used are made up and not accurate to the actual monetary market)

PLEASE VOTE AND SUBSCRIBE

NEXT Article : Exclusive Avatar For Serbia & Iran and Military Unit ّfor Each country, Design by N I C K

Thanks

N I C K