Gold Capped Ask an Auctioneer: My first mailbag

Reader Comments (Page 1 of 1)

7-22-2010 @ 9:38AM

SunGod228 said...

But Basil, if I am posting and selling an item that I post for more than the current undercuts. Who is making more money? You have to understand the market of an item to really be able to make money off of it. Otherwise I could be loosing potential earnings or I could buy items thinking to resale and end up taking a loss.

Really relying on software and undercutting to make quick profits before a loss is no different than the automated trading crash that occurred in wall street. It's really the same thing.

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