My new challenge will consist of £35 profit a day. Would you add collection+cash+coupons or a straight cash balance? I am undecided. Just cash appeals, but could be hard?
It is over five years. £32.88 a day makes £60,000.
That may seem a lot but based on roughly a £2000 start stack that works out as:
£2000 = 1.64%
£10,000 = 0.33%
£30,000 = 0.11%
By keeping it as a flat figure per day, the challenge gets substantially easier as it progresses.
Thoughts?
Intrigued as to how... But yeh I'd count cash and coupons, maybe not collection as it goes up and down and can't really count it as profit til sold.
Thinking just trading, at low end, i think bottom prices will dive after summr (i hope) and as such i can get in cheap again. will ahve to hold players for a long time to see profit but 2k to 60k in 5 years = doubling money each year, so long term holds not bad
Will be interesting to see how you get on with this. Are you going to flip or buy and hold long term?
Both.
I will be biuying lots of cheap players which i will hold long term, either until they go inactive or if they could have potential to do well in price.
I will also have lots of buy and sell orders set up so continually buying cheap and listing at 10% profit which is easily done,