Simple Card Flipping formula and strategy.

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(Edited)

My strategy for beginners buying, combining, and reselling cards. A simple formula that I use to price my cards so I always place my cards for sale at a certain markup. I usually rent cards that I’ve combined for a competitive price until I see the selling price shift about 25% above the purchased price or the price per 1 bcx or the average of all of that specific card and add a certain percentage of whatever I wish for my ROI to be. I have listed the formula below.

Lowest current price x bcx of card to sell = market value + market value x ROI% [eg. 35% or 0.35] = desired resale price.

Example: $0.15x14=$2.10+2.10x0.35=$2.835

I then go to the for sale listings and I look for similar cards with the same level and bcx or something comparable and I use that Desired Resale Price as a target and set my actual resale price to compete with the cheapest prices that are closest to my target price, set it and forget it.

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Hello @tuwailib! This is @indayclara from @ocd (Original Content Decentralized) team. We saw that you already posted your first blog here in Hive! Congratulations and welcome!

Great to hear you are enjoying Splinterlands. However the best way to start your journey here in Hive is do an awesome introduction post. You can choose on whatever information you would like to share and be creative as you want to be. This will help other Hivers get to know you and be comfortable supporting your works here.

Also, letting you know since content on the Hive platform is monetized, using other people’s ideas or images could be considered as an offense and which is also viewed in a serious light on the blockchain. Here is a useful collection of resources about how plagiarism and abuse is viewed and handled on Hive.

It's also best to subscribe to other Communities you like and share your blogs there to have a wider range of audience. Or you can check out the Communities Incubation Program. If you are looking for tips and information as a Hive newbie, click here: Newbie guide. If you have questions, you can hop into Discord server and we'll gladly answer your questions. Feel free to tag @lovesniper @indayclara once you have made your awesome introduction post! See you around.

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