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Gold Flipping?


Freak

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So my first pay day is coming soon, and I was wondering if I should open a gold store for obviously buying/selling gold. How much do you think I can start up with. (willing to spend up to $1000) but also how long each day will I have to spend online and how much profit can be made.

 

If you have similar experiences let me know.

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The time invested is not worth the potential reward. I would recommend recommend attempting to partner with an already existing gold mercher, gain some rep across sites with them, and then break away and form your own business.

 

To put things into perspective, just enabling yourself to make a make a measly $20 per day would require flipping 50m at a profit of $0.40 per mil.

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Unless you are known, you are going to have to buy gold a bit above what the merchers are paying and sell a bit below what the merchers are selling to make profit. Not sure what the values are, but the math is simple enough.

 

Only thing to worry about is to not getting banned. That would suck especially if you invest $1000.

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