I spent a TON of time outlining and editing this video to help beginners get interested in flipping by outlining each step of the process. Be sure to check out the flipping tools in the video description. Tools can help a ton in giving you direction on what items to flip, and what items have worked well for you in the past. Happy Flipping!
Tip: remember that you will probably make a bad trade every 1 in 20 or even 1 in 10 times. Keep that in mind and dont feel too bad. Ask yourself what went wrong and try to do better next time. You’ll learn the market over time and make less mistakes. Companies take a few % profit and put it on the side for these kinds of losses. So we should do the same! Just take the loss into your calculations (beforehand) and dont risk too much in 1 trade ^^ Also: really write down good items! Cant remember 100+ items well 😅
I made 150m in 6 days from buying 30 Sangs for 87m sold for 93m. Then bought 8 soul reapers for 298m and they are at 315m currently lol. Easy money. Best flip so far was 25 bowfas bought for 92m sold for 115m ea.
@@BruNo-pq2dq You are never sure it's going up. The prices fluctuate at all times; throughout one day even. So you can always just try and grab something a little below the lowest average prices and now and then snatch some items up for below the average. And then you can always do the same but sell them above in one day. You can do this over a couple of days or even weeks even. If an item does flop (sometimes you buy when the item is high and then it _only_ drops once you've brought them), you can try turn this into a long term investment by keeping hold of the item until the prices fluctuate back up towards the price you originally brought (I keep an excel document to keep a log of the prices I paid and the amount of items I brought). Then you sell once they do. What I tend to do is when an item is dropping in price once I already brought some, I'll _just_ keep buying more. However, the nuance in this is I will buy more items when the price has dropped then I did when I brought them when they was high. So you can imagine something like this: No. of Sapphires: 5000 / Price Each: 240 / Total: 1,200,000 No. of Sapphires: 10000 / Price Each: 210 / Total: 2,100,000 No. of Sapphires: 20000 / Price Each: 190 / Total: 3,800,000 No. of Sapphires: 10000 / Price Each: 200 / Total: 2,000,000 No. of Sapphires: 5000 / Price Each: 220 / Total: 1,200,000 Total No. of Sapphires: 50,000 / Total: 10,300,000 So with this, even if they don't increase back to 240, but let's imagine they increase back to 220. You can try sell them at 224 and you'll gross 11,088,000 after tax. Netting 788k. Or let's imagine they do increase back to 240. And you slowly sell at 244 (sapphires can typically be sold +- 4gp market price), you'll gross 12,078,000 netting 1,778,000. You can do the same with higher value items (the total no. of items will just be less). You can even sell in parts. If you brought them in 5 separate transactions, you can sell in 5 separate transactions; selling less when they are low and selling more of them when they are high; just as you did when buying them. Always making sure you are actually profiting (by keeping logs). (I just did this by the way). If you check GE Tracker. You'll notice sapphires were around 190-200 in June. Then they went to around 244 in august. I was buying them throughout June and July on 5 separate occasions and sold in August.
I know prices change all the time for many items. Is there an excel spreadsheet with these formulas on them, so we could input the changing prices and find out the margins and profit with the GE tax. That would be great for a new f2p flipper.
my issue with flipping is that it leaves you with very little liquidity. yes, I'm making profit "passively" (kinda) but I also could spend that 10 mil on a gear upgrade for when I'm actually playing the game, farming a boss, etc. For lower cashstack players, it can be tough to balance a steady pool of cash to flip and profit with and money to invest in gear upgrades. For that reason, I really only see myself flipping seriously once I hit a wall in my gear progression before I need to start investing a ton of money to make any upgrades and can therefore afford to let my money sit in the GE
Lol that's cute. You are randomly imposing an un-written rule upon yourself that you need to keep hold of "gear upgrades". If flipping has _taught_ me something, it's that you don't need to arbitrarily-that is to say, _without_ reason-keep hold of gear just because it's gear you use to farm. If you are regularly bringing in 10's of abby whips, 10's of god swords, 10's of gilded armor, 10's of barrows stuff, and then immediately re-selling that stuff for profit. The line between gear that you "own" and use to farm and gear that you "own" to invest becomes blurry to the point they become one of the same. I sold 50k sapphires recently brought over 3 months. I also sold my entire melee, mage and range combat attires to invest in that time about 3-4 times. I have all of that stuff back now... and I'll re-sell again. I've brought dragon pickaxes 100's and 100's of times because when I want to mine... well I need my pick axe don't I. But once I am done... I sell that garbage. On f2P accounts I have brought 1000's... and 1000's of rune scimitars. The one that I use specifically to train melee while my account isn't members isn't anything special over the 1000's that I already sold. So you have no reason to stop yourself from buying the "upgrades" for farming and then re-selling the same gear when you want the cash stack to invest. And you don't need to worry about making a loss on that specific set of items if you plan to use the cash stack to make more because presumably, you would have made more bank by the time you sell the gear and of course you'll be able to make more afterwards (it's just one copy of an item).
23:55 - Another tip for anyone watching... to avoid selling an item for too low, I sometimes will split the item stack in parts. So for the blood runes here, you can split the 10k into 4 lots of 2.5k. And list 2.5k at 233, another 2.5k for 234, another one for 235, and the last one for 236. If the 233 instasell, you may slowly sell the 234 or sometimes you get lucky and instasell both the 233 and 234 and then slowly sell the 235 ones. Whichever one is selling the slowest, take back the 2.5k listed at 236 and put them up for 235 or whatever the price is that are selling slowly. I do a similar thing when buying too. I may put in an offer for 2.5k at 298, 2.5k at 299, 2.5k at 300 and another 2.5k at 301. If any of them start buying immediately I'll quickly cancel it if I can. If the second to highest ones start buying relatively quickly, I may cancel them and just put in the offer for the slightly lower one. And slowly buy all of them at that price if that makes sense. So similar thing as the first paragraph but for when buying them for a lower price. The difficulty doing this is you may get lost with all the different numbers.
i prob havent done it very well, but today i did 10k leather for 206gp each. selling for 218 (so 216 after tax) 100k profit. obviously thats nothing to some ppl, but for me its basically babies first flips :D
There was bronze wires demand, bought 1k bronze bars for 270ea, so 270k, then quickly made bronze wire and selling quite well for 1k ea, so 700k profit for 20-30min anvil work 😊😊
@@Wachuma-icp99I have to disagree. The value flipping provides is a constant supply of items for people who want an item right now. People will willingly pay a small margin for that convenience.
I'm glad you haven't revealed the specific items to flip. I've made a lot with my own secret items, which I'll never share. The only advice I'll offer is that this guy is really putting in the work to show you potential earnings per hour. However, the Grand Exchange limit can be a major drawback since it resets every 4 hours. So, you're not making 1m/hr with just 10m unless you're extremely diligent. As someone who flips every moment they're on OSRS, you're not likely to find that special item with only 10m to profit 1m/hr steadily. Still, it's a nice video for learning the basics of flipping, but the profits per hour are a bit exaggerated.
Flipping requires patience i guess? If you buy low, it'll prob take a while till you get the items and if you sell high, it'll also take a while till you sell them
Wanting to start flipping for safe go earning. Have about 7b spare gp (yes billion). I’m assuming I would need multiple alt accounts to be as efficient as possible
Hey Noah, you can flip 7b on one account, but it’d be better to split it across 2-3 accounts. Splitting it will be less risky and a more consistent return, even if you had to pay for a bond
I do long term quanity. Flips are great though for being the middle man of people that want to insta sell/buy. Make sure you keep a healthy margin because that tax is steap.
Great video Scape I’m so hesitant to flip because the start up money can be so high but I need a better money maker than pyre logs and dragon bones they make good money but are repetitive as fuck
Nice Nathaniel, good work flipping up the cashstack! Continue to flip and not only will you improve at it / find great items, your cashstack will also start to snowball and you'll have more power to flip more items!
I lost all my gold buying initiate pieces thinking I could turn them into sets and sell them on the GE. Had to sell a lot of random items in my bank and now I only have 229k. GOtta make my money back.
You make the absolute best videos on flipping, man. Even as a vet to flipping, using your guides a few years ago really helped me get back into the game, and I'm sure this will do the same for many people. Good luck in all your flips, everybody! And don't forget to have fun.
I’ve been flipping on mobile while at work. Usually while doing bankstanding skills. I’ve made like 11m in just a week or so. It’s not much but it’s enough to pay for the skills I’m leveling!
I dont play osrs or rs3 anymore i get on sometimes just to buy and sell on the ge. On osrs i had 5m 8 months ago im at 260m and in rs3 i was at 1.4b gp and now i have 16b gp i flip items that don’t charge tax guaranteed profit and for me something i don’t get on for weeks at a time
Made it to 15:14 holy shit man I didn’t know this was an audible book of business definitions wtf why go through every ‘flipping’ term to start the vid. Halfway through the vid already
Hey n00b, sorry it was an overload of information for you. This was my attempt at the most basic level of flipping for beginners. I think its important to layout information on all types of flipping that exist, before you dive into the basics. If its helpful, you can use the timestamps in the description to skip to where you need!
I dont get it. Didnt you say the buy price is always higher than the sell price? So if I buy a lot and then sell it eventually, dont I just lose gold on every sold unit?
It is confusing on price websites, as explained in the vid. The “instant buy” price is always where you want to be selling your item at, because if someone wants to come onto the GE and “instantly buy” an item, your flip will be the one providing them with that item. Let me know if that makes sense!
@@Scapenomics Okay so lets say instant buy is at 1 gold and instant sell is at 0.97 gold. I would then buy it for 1 gold each and even though instant sell is at 0.97 I will try to sell it for 1.02 gold and hope someone buys it eventually, is that right? Sorry if I'm misunderstanding. English is not my first language, I am from croatia so there might be something I dont understand. Thanks for helping me out.
@@Luis_1605 No, your instant sell price is the buy price you’re trying to buy the item, and the instant buy price is the price you’re trying to tell your item. In your example, you would be listing you buy offer at 0.97 (which is the instant sell price; the amount of money you would receive if you instantly sold an item) with the intent to sell for 1 gold (the price it would cost to instantly buy the item)
@@Scapenomics oh, now I get it. Thank you so much for explaining it. Thank you for being patient with me here, I appreciate it a lot. Much love from croatia♥
Didn't know about prices osrs cloud, but so far I like it more than GE tracker. My style is apparently called "Market Maker" and I tend to just have 4 f2p accounts flip once or twice a week with high volume, low margin sales. I make a couple mil per week per account. It's not great, but there is absolutely no chance for me to lose money and takes 10 minutes each week.
The cool thing about this is that since you're doing high volume F2P flips, your weekly profits are only capped by the cash stack you've made and the number of accounts you're managing. Made a lot easier through Jagex launcher, and re-investing your profits into more accounts over time will accelerate growth
No lol. You MAY be able to cover bonds but your money is better spent leveling and obtaining gold. Unless you literally are doing it on alt account. Sure. But it's surely not gonna go pay bills. Try flipping osrs membership codes and look for 30 cent 50 cent margins per code.
i bought fremenik kilt and then decided i wanted to level magic so i wanted extra cash so i sold it back like 2 hours later and made 200k lol it can be that random
I don't have that particular items Volume off the top of my head, but I would wager It's a pretty low volume thing That's rarely traded, so any price in there is gonna weird.
Sooooo ill break it down for you quickly, if you want to flip to make money thats all this game will be for you because it requires loads of time with super small margins. Otherwise just play the game and it will be a full on game not a game that you just buy and sell stuff…
Hey Clay, sorry you feel that way. I’d recommend checking out one of our higher profit guides if you’re looking for ways to make more gp/hr! This guide is for players who are new to flipping!
@@Scapenomics active flipping ive seen is like 0.5% ROI an hour which is good. But for someone who doesn't know about flipping or stocks n shit could see that as boring or insignificant I guess even though it'll average higher than any boss will constantly
I love all the players who cant understand how people make money doing this so they just attack the idea of it 😂 Edit : to clarify most stock investers average of like 1% ROI a day so doing this at .5% ROI an HOUR is good just seems rough at first
