What flipping really means and how you can do it
Many OSRS money-making guides recommend OSRS flipping. However, if
you're new to the game and its terminology, you might be at a loss as to where
to start. To remedy that, here's a quick guide to making OSRS gold from flipping!
What Is OSRS Flipping All About?
Flipping is defined as the act
of buying an item with the intent to sell it immediately for a profit. When
you buy an item to sell for a later date, that's considered 'merching' and has
a different set of rules.
How Do You Earn Money with OSRS Flipping?
First, pick an item to flip.
You can do this by choosing an item (criteria explained in a later section),
and checking its margin. To do that, buy one and then sell it instantly. When
you check the history, you'll see the price you bought and sold it. The
difference between those two is the margin.
Higher margins do yield more profit, but you can't discount those with a lower
margin. You could still get some profit from them, though it'll be smaller.
It's your choice. Once you've calculated the margins, buy the item at the cost
of the lower end of the margin, and sell them for the higher end. That's all
you do!
With the buy limit in the Grand
Exchange though, you'll be limited with how many you can buy of an item.
When you reach that limit, it's time to change items to flip. Start by
calculating margins again, then buying and selling it in bulk.
Item Criteria
Here are the characteristics of a good item to flip in Old School Runescape.
First, it's in demand.
Players are always trading for it, whether for leveling or skilling.
Second, its margin is in the
acceptable range.
Good judgment comes from experience. Don't be afraid to experiment
when you're starting out. High volume items are good to start with, as they
won't put a dent in your wallet if a sale goes wrong. The process of flipping
these items also won't take too much time. There are many ways to find an item
to flip. One is to check out the wiki. Look for herbs, runes, or items that are
relatively cheap, but important to players. They're the ones that are going to
be in demand and traded often. Another resource to look at for flipping items
is the game's site itself. It has a page that lists all the top traded items on
the Grand Exchange.
Of course, other players looking to do the same would also look to
these resources for items. It's no different for video and other kinds of
guides. If they used an item as an example, you'll see comments that flipping
is ruined for that item. As they were used as an example, followers of the
guides might use that same item.
Additional Tips
Don't spend all your money on trying to
flip one item. If the sale goes
bad, you'll have nothing left. Set an initial flipping budget, and keep some
savings to tide things over when losses deplete your capital.
You might want to make a
spreadsheet to keep track of your sales, margins, and profits. Generally,
what you've found as profitable today will be profitable again sometime in the
future. It'll also help you compare the relative profitability of an item to
the others you've tried.
Sometimes, things happen in the OSRS GE. Maybe someone just happened
to drop a bulk sale of the item you wanted to flip. As a result, you lost money
or just barely broke even. All you can do is to move on and try again. Success isn't 100%.
Flipping margins fluctuate with the number of players actively flipping the
same items. Because of that, you might find that items have different margins
depending on the time. You might want to find a time when you can get a
reasonable profit.
You can also use the OSRS GE Tracker for all kinds of trading needs. It
keeps track of the OSRS trading history of items, your profits, and can even notify
you of price fluctuations. It's a great resource and tool to use for all your
trading needs.
As you flip, you gain experience and OSRS gold. Your
judgment also gets better, so you'll have higher and higher profits. Don't stop
practicing and keep the money rolling into your hands.
Enjoy Old School Runescape!
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