Reply to SOME WAYS TO TURN PROFITS IN SPLINTERLANDS
User @pizzachain wrote at 28.05.2019 10:17:10 UTC:
I did the same lol... Except I mostly did it with gold rares/epics. I turned 50 steem into 550 steem in the hours after DEC was released, just buying cards, burning them and selling for DEC. It also wasn't particularly active work, mostly just passively waiting for orders to get filled, then repeating the buy,burn,sell principle... Studied for my latin exam whilst doing so :)
I still sometimes see cheap cards on the market, buy them, burn them and sell them. I highly recommend others to do so as well, as it can make a quick buck sometimes :D
Well done! I had the same idea but was a little late to the party. Still managed to burn a bunch of gold commons for a profit, but didn't make out as well as you.
It's a very interesting dynamic now, with DEC prices effectively setting a floor on card prices. If someone puts up a card for sale below the floor price, a rational market participant should instantly buy it and burn it. I expect we'll continue to see good deals from time to time because not all market participants are aware of this dynamic. But it does make pricing cards fairly a bit more complicated, as you always have to remember to take DEC into account.