now you should have around 50,000gp by running lobsters from Karjama. That is a good way to make money to start, but there is a better way. It is called Flipping notes. Simply stated flipping notess
is buying them for a price lower than what you can sell them for. If you have been selling cooked lobsters for a little while now, you know what the current market price is. (As of April 2004 the price is between 100gp and 300gp.) Still make the run to Karjama to buy
lobsters but now start asking to buy lobster notes as well. You can find many people there that will sell there notes for 175gp each. You can also find people at the market that will sell their notes for less than the highest market rate. I once bought 100 notes for 150gp each on one end of the market walked to the other end of the market and sold them for 200gp each. I made a quick 5000gp. Sometimes you will run across someone selling 200 to 1000 notes.
This is where the big money is. To buy that many, however you have to have a lot of money. On 4-13-04 I bought 5000 lobsters for 175gp each.
That cost me 875,000gp. However I know that I can sell them for anywhere from
200gp to 300gp each. If I sold them for 225gp each I will have 1,125,000. A 250,000gp profit!! The point is That it takes big money to make big money!!! And once you have your first million it becomes easier to make more.
Here is one of the most important tips you will find!!
In this guide I have stated prices of lobsters by giving a range 100 to
300.
That is called a price spread. The trick is to buy just a little higher
than the lowest spread price and to sell just a little lower than
the highest price spread.
If you demand that you only buy for the lowest price you will make more per lobby but if you buy just a little higher than the lowest you will find more sellers. You will make less per lobby but will flip more lobsters around, therefore make more money. The same is with selling. You can try and sell your lobsters for 300gp each and there are people out there that will buy them for that, however you will sell them a lot faster if you lower the price a little. My goal is to make 50gp to 100gp per lobby. To do this you must be familiar with the market values of the lobsters which can vary.
f I know that I will not be playing for a while I will sell all of my inventory or cash out. That way if while I’m gone and the value of the lobsters drops I will not have lost anything.
I have made all the money that I will ever need in Runescape by flipping notes. In this guide I used lobsters as an example but you can use the principle on anything. I made my first million by flipping coal in 2002. As you can see you do not have to have a high level miner or fisher or crafter or anything. Any noobie can do this and make millions!!!!!
I know that if you follow the techniques in this guide you will be a successful millionaire in runescape. That’s it what are you waiting for go and start making your millions right now!!!!!!!!!!
Turn Your 50,000gp to 1,000,000gp By Flipping Notes
Published June 21st, 2007in Runescape Guide.
Tags: flipping notes, gp, runescape money, turn money, turn runescape gp, make money

0 Responses to “Turn Your 50,000gp to 1,000,000gp By Flipping Notes”