Thursday, September 25, 2014

Why do investors share their picks?.. (Part 1 of 4)

Part 1 (The planning and investing)

Hello everyone!
On my next series I will be talking about investors and how they use their followers for their own advantage.
Often you might see a highly respectable MTGO player openly saying what cards are they investing on and why. While it seems that they are being kind to you, I would recommend you to be very careful before following them.

The first step from an investor is to pick up a realistic target, a card that has true potential to rise in value and make a profit for themselves, these are often stable rares, fetch/dual lands and so on.
They pick one of these cards, as they are hitting a "low spike". Lets imagine that the chosen card is being bought (by bots) at about 25 and sold at about 29. After buying about 30 copies at an average of 30tix each the investor spent 900 event tickets but has yet to make a profit...

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