Merching is potentially the most profitable means to make money on Runescape, assuming you have a knack for following the market and lots of capital to invest. It is a game that involves patience and a thick skin and can be done passively once you get used to it.
The idea of flipping is simply buying an item under the going rate and selling it for slightly higher. Some items have a marginal difference while others can make millions in just one transaction. This article will go over some tips on how you can be a better GE flipper.
Ignore The Official Rates
Jagex did a decent job at making prices follow the laws of supply and demand, but it does seem to lag behind the real-time price. This is why third-party programs keep track of items so that flippers may have the edge in knowing current profit margins. Services like Ge-tracker or OSBuddy are commonly used.
Avoiding a Crash
Items with super huge margins can make some fast cash, but it’s also the first red flag that the item is volatile. Usually, a realistic margin is below 15% and even tighter when dealing with high volume trade goods. In some instances where items have a very low volume, like unpopular treasure trail items, a large margin is always expected.
Some Items Are In a Merch Loop
Most high volume items in the game are always being passed around between several merchers before it arrives to a player that needs it. This may include Pking supplies, dragon weapons, Barrows items or Berserker rings. As long as you always keep up with the price trend, these are guaranteed profit, albeit being limited in the margin and having a buy limit.
Utilize Alt Accounts
Since trade limits are the biggest barrier to making more profit, most serious traders will have alt accounts putting in buy or sell orders. You will still need lots of capital to invest for flips since there is lots of movement this way.
If you don’t feel like investing in bonds, you can still create a ton of F2P accounts to flip things like runes, dragonhide sets, and other items frequently traded on the free market. It still may be better to get just a couple P2P alt accounts since they have more trade slots and item availability.
Always Keep Your Money Invested
If you cling on to every penny, you are bound to stay poor in this game. Not only are you always having to purchase a membership, but the price of runescape gold is also always being inflated as the game ages. If anything, investing in more stable items on the market is about fighting inflation than profitability.
Although you hate the idea of putting gold on the line, usually the large bulk flips are the most profitable ones. Once you have picked a good item to flip, have orders always buying, and then selling so that you will see results overnight.
Don’t Lose Patience
While the Grand Exchange provides lots of movement for items in this game, it can still take a significant amount of time for an order to fill. This is especially true if you are going against market prices or if the item is quite low-volume.
If it is a significant flip and your numbers seem right, you should give it at least overnight before giving up and moving on to another item. More than likely, you will end up diversifying in a few items until you find your cash cow for the day (or week).
Merching Goes Beyond The Grand Exchange
If you have a small amount of capital, you may be better off going back to the streets of Runescape to make money. This doesn’t mean go looting in the Wilderness or killing bosses but rather merchanting the old fashioned way.
There are many NPC shops in the game that sell useful items at a very low price. For example, buying items used in quests like linen from Sophanemcan have a profit margin of hundreds of gold per item. It is simply a matter of targeting an item in short supply and doing runs back and forth from the bank.
Wrapping Up
Once you get the hang of it, you’ll realize that flipping in Runescape is mostly common sense. It can even be applied in real life with the stock market, cryptocurrency or flipping items on eBay. Once you get the basics down, you should always have a flow of millions of osrs gold per week, at least allowing you to buy more bonds.
