Hoarding large amounts of goods was something that merchants would only do in special times.
For example, from the open beta to the official launch, a large number of players would enter the game and increase the demand for goods. The price would definitely rise. Many people would seize this opportunity to hoard equipment at low prices during the open beta and sell them at high prices after the official launch. This was a successful example.
But in reality, it wasn't that simple. A large number of players entering the market would only cause the price to rise for a short period of time. After all, in the game, every player was the number one consumer and the number one producer. It was just that the high-level players were the advanced producers, while the low-level players were lagging behind. However, the advanced equipment produced by the advanced producers wasn't cheap. Not everyone had the ability to hoard large amounts of equipment and sell them. Most merchants hoarded equipment for the middle class.
As the new players leveled up, they would soon be able to obtain this equipment. Therefore, the price of this equipment would only rise for a short period of time. When a large number of new producers entered the market and the number of goods increased, even if the price didn't fall, it would still be difficult to sell them.
Buy low and sell high. It sounded simple, but there was a lot of knowledge behind it.
Only a small number of people were able to make money from these words. Otherwise, there wouldn't be more poor people than rich people.
Take the business opportunity from the open beta for example. Many people saw this opportunity, but a portion of them only knew the surface and didn't know the inside story. They weren't good at it and ended up hoarding too much equipment.
The rule of the game: As time went on, the equipment in the early stages would become worthless. In stock terms, the price of this batch of equipment had already fallen below the issue price, and it was the type that was hard to sell. Although there were no more hoarders, there were still normal transactions in the market, and the competition was quite fierce.
When Gu Fei tossed out this pile of equipment, those with a discerning eye immediately realized that most of the equipment belonged to the middle class. They immediately thought of Gu Fei as one of the failed merchants in the wave of reselling. Moreover, this person had actually held onto this rotten stock for a long time. It was truly a failure among failures!
The group of people looked at Gu Fei happily without any sympathy.
The new generation of players hated these reselling merchants for taking the opportunity to make money from them, while the old players envied them for taking the opportunity to make money. Hence, both sides felt disgusted by the failed reselling merchants.
These two groups were all the players had, so now that Gu Fei, a suspected loser, had appeared, everyone's faces were filled with schadenfreude.
Gu Fei didn't know what was going on. Seeing that he seemed to be getting a lot of attention, he was happy and felt that his business would definitely have a bright future. He then squatted down and carefully tidied up the equipment on the ground. Although the equipment in the parallel world did not have a level requirement, it was clear to see the different levels based on the attributes of the equipment. Based on the additional attributes, the value of a piece of equipment could be determined.
Gu Fei's equipment was all Blue Equipment. Unless it was of a very high level, there was no market for White Equipment. Blue equipment was the mainstream. Most players would start with a full set of Blue equipment. Then, they would work hard to find a way to upgrade their equipment to Gold equipment. As for Purple equipment, it was completely non-mainstream. Most people wouldn't even reach that level and would only dream about it.
Gu Fei quickly sorted out the different types of equipment. There were equipment on his head, equipment on his body, equipment in his hands, equipment on his neck, equipment on his fingers, equipment on his chest, and equipment on his feet. There were all kinds of equipment, filling up the space in front of Gu Fei. Gu Fei nodded in satisfaction. He wiped the sweat off his forehead and raised his head.
Someone had been paying attention to Gu Fei's actions. Gu Fei immediately responded with a kind smile. "Equipment, anyone want it?"
Everyone happily shook their heads.
Gu Fei's smile was a bit stiff, so everyone was even happier.
Putting aside the fact that Gu Fei's equipment was a bit outdated, these people didn't need it. Even if they did, they didn't want to buy Gu Fei's equipment. The trade street was so long, and Gu Fei's equipment was the most common stuff. He didn't have to worry about not being able to buy it elsewhere. Therefore, "Let's just let him die in our hands!" Everyone had the same mentality, hissing as they dispersed. Many people were still enjoying it, looking back to admire Gu Fei's expression.
Gu Fei was at a loss.
Was it because his equipment was too outdated? Gu Fei also thought of this. Most of his equipment was obtained between Level 20 and Level 30. At the moment, it seemed to be relatively cheap equipment. But along the way, Gu Fei paid attention to other players' stalls. He often saw equipment of the same type, so he felt that there was a market for these things. But thinking that there would be very few people who would choose these equipment, he had to wait patiently! Thinking of this, Gu Fei was no longer anxious. He found a comfortable position to sit on the ground and began to wait patiently.
On the trade street, the most common sound was naturally the sound of bargaining. Gu Fei quietly waited for customers to arrive, while listening to them learn about the market.
As for the price of equipment, Gu Fei had never studied it before. Originally, he thought of a unified price, 10 gold per item, and earning 200 gold would be enough. But after paying attention to the situation of the surrounding stalls when they were bargaining, Gu Fei realized that he had overestimated the value of the items in his hands.
Most of the expired products in his hands probably weren't even worth 10 gold. The stall diagonally across from him had a pair of shoes with better attributes than the ones in Gu Fei's stall, but the final transaction price was only 8 gold.
Then he observed the other items that had been successfully sold. After comparing the attributes, Gu Fei finally realized that he had been blindly optimistic. Let's not talk about whether or not he could sell the goods in his hands. Even if he sold all of them, he might not even be able to gather 50 gold. If he wanted to gather 200 gold, he would have to make a few trips back and forth.
Gu Fei's selling was the same as adding points to his character. Speed was what he pursued. He only hoped to save up 200 gold as soon as possible. He didn't care whether he made a profit or a loss. With this thought in mind, he simply raised his voice, "One Dollar Shop, each item only costs 1 gold. Come!"
Low prices were always the most beautiful temptation in the market. As soon as Gu Fei shouted, countless players immediately rushed over. Even some of the players that had originally set up their stalls couldn't help but come over to take a look.
Gu Fei was overjoyed. He calculated in his heart, One piece of equipment for 1 gold. 200 pieces of equipment should be able to gather 200 gold. Everything in my warehouse should be around this amount. As long as I make a few more trips, 200 gold won't be a problem.
However, he didn't expect that he was blindly optimistic. The players that were called over by the "One Dollar Shop" carefully looked at everything in Gu Fei's stall. Soon, most of them shook their heads and left.
Cheap was indeed tempting, but if it was something that he didn't need, no matter how cheap it was, it would be useless. Moreover, small fries like Gu Fei didn't have any value in buying low and selling high. A few of the players that came to take a look with this kind of mentality also left with flagging interest.
In the end, there were still some players that stayed. They were all wearing beginner's clothes and were definitely newbies. Since the equipment didn't have a level requirement, it was very tempting for them to be able to wear equipment that was around level 20. However, as new players, their wallets were also very thin. They were more familiar with silver and copper coins. As long as the word "gold" was mentioned, it was a huge sum of money to them.
Because of this, they stubbornly wanted to bargain with Gu Fei for 1 gold.
Gu Fei unyieldingly said, "It's already cheap enough. I won't bargain." Three of them left on the spot.
The remaining two were very patient. They coaxed and pestered Gu Fei, calling him "big brother" countless times. In the end, they made a buy three get one free promotion for Gu Fei. Each of them spent 3 gold to get 4 pieces of equipment from Gu Fei and left in high spirits.
He finally earned 6 gold. Gu Fei was very emotional. He took out his money bag and threw 6 gold into it. He lowered his head and counted again. Unfortunately, Gu Fei didn't have a small amount. At this time, his gold was 37 plus 6, 43. He still needed 157 gold to reach 200 gold.
"Are these all sold for 1 gold?" While Gu Fei was counting, someone suddenly asked.
"Ah, yes!" Gu Fei answered and quickly raised his head.
"It's you!!!" The two were startled at the same time.
The one who came to Gu Fei's stall to ask about the price was actually Boundless Boundless.
Gu Fei was just surprised to meet someone she knew. Boundless Boundless, in addition to this, had some doubts. The Gu Fei she knew was the person who helped her out outside of Cloud City. He was an expert who killed six people in an instant.
In the game, experts often meant wealth. Even though it wasn't absolute, it wasn't to the extent of being poor. For Gu Fei to have to sell off such a pile of rubbish to earn gold coins after gold coins, this kind of desolation was too unexpected for Boundless Boundless.
No matter what, with Gu Fei's current level, wouldn't it be faster to get a few high level equipment and sell them than to sell off expired equipment for 1 gold?
Boundless Boundless was indeed the most suitable way for Gu Fei to make money for Gu Fei. Everything in the game was linked to level. Having the highest level could be said to be the number one productive force. The highest level equipment produced could be the best in the market. How many experts in the game had gotten rich this way?
The parallel world equipment didn't have a level requirement. This made this way even more attractive.
Unfortunately, because of the difficulty of leveling up, the level gap between players wasn't too wide. As a result, this way of making money wasn't in the hands of a few people.
However, Gu Fei had a unique advantage. Because he had the ability to kill monsters 20 levels higher than him.
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