Today is my n00bie day as a trader... and I must say I am actually quite a n00b on this because I never really tried buy low sell high before.
Often times I always bought cards to raise my stakes from marketplace, simply because it was many times cheaper than purchasing in the game of chance directly from the buy section for a new card to be generated.
Somehow, yesterday when I was looking at the 2nd edition cards I wanted to purchase via the SIM tokens generated from my (very slowly) growing city, it was a lot more expensive than I have thought.
So maybe, with the accumulated SIMs just maybe I would get "lucky" in the chance section, for 800 SIM.
Especially 800 SIM is cheaper than 4 SWAP.HIVE
And then I got this
I would have thought... what a bummer!
I wasn't sure my city is ready for this, since I don't have banks and my police department isn't ready to handle crime rate, I wasn't ready to use this card.
I can however park aside for a ridiculous high price so that no one wants to purchase it for later; but I would prefer my city to be more innovative in technology than luring gamblers into my city at the moment.
So I decided to sell it off.
Seeing that the Casino card can actually yield a lot more as profit, I have decided to sell it off for buying cheaper cards later for my city building.
Being a first time buy-low-sell-high "player", I have decided just to double the price I have bought.
I placed it for 8 SWAP.HIVE for the card.
A special DISCOUNT SALE for avid gamers!
Immediately another avid trader in the dCity.io decided to quickly pick up the card, probably laughing his face off with only about a little over 50% cheaper than the market rate would have made a better deal when he is selling it off.
But I am a nice person... haha
I wasn't really aiming for a big fat profit, just to see if it is possible to do so; and true enough I got around 4 SWAP.HIVE more and I think I am just happy enough I can use one of them to get a technology card for myself for 1.001 HIVE Cheaper, which is not available in the "buy" section, and got it unlocked for higher chance of a better training for homeless and immigrant cards.
I think?
And guess what? It worked!
I realised one of the workers card, turned into scientists!
Not too bad at all, I have different cards attending to different needs, and expanding my NFT collection.
That's definitely one way to increase revenue on cards when you obtained a card by chance that are higher priced in the market.
But I don't think you can do that all the time. Because it is actually all about chance.
Nevertheless it is still a good start to understand the other options to generate revenue.
Right now it is about getting the NFT technologies cards collected and get my homeless cards turned into useful workers.