Basic Guide to Flipping!
I. Finding an Item to Flip: When finding an item to flip their are three main things you need to think about.
- How useful is the item?
- How many can/could I buy?
- Can it be brought from shops for less then in the G.E?
II. How to choose the item: Once you’ve thought of an item that will be useful to flip you will first want to buy one at a higher price. This is to see what price you will need to buy/sell the item when your flipping. You may lose a little bit of gp for the first flip but you will easily make it back.
Calculating the Prices
Buy 1 or 10 of the item way over market price. In this case I bought 10 whips.
Divide the above amount by 10 to find the selling price per whip. Take a few GP off the price to speed up sales.
Next, sell the items, in this case, whips, dirt cheap.
Divide the above amount of coins by 10, this will be our buying price per whip. Add a few GP on to speed up the buying rate.
Now follow the steps above with your items, and buy up to the GE/4 hour limit. Once you have sold the items, you can start the cycle again.
III. Switching Items: With flipping you will need to change items quite a lot because some items you can only buy a set amount (e.g. 10 an hour) so it is good to have three of four different items to flip at once. Here are some items that are easy to flip.
- Armadyl Godsword
- Dragon Claws
- Bandos Godsword
- Obsidian Cape
- Robin Hood Hat
IV. Checking Prices: World 2 is very good to find items to flip, you should go to the Grand Exchange and many people will be buying/selling items you are looknig to flip, if the price they’re selling is A LOT lower then the G.E price it is best to stay away but if its close or more then the G.E you should easily be able to flip them.
V. Practising: Make sure when you start you only flip cheaper items, do not put all your GP into ONE item because if it crashes you will lose a lot of money. Start with items that cost something about 100k and make your way up.