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!
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