I feel i screwd up big time.. Help me to stay calm :-/der=0>

[Telefonfrau]

Hi guys,

after the first weeks of enojment i hit the wall as most people did. My DH was pretty solid geared and i decided that it wouldnt be worth it to spent 10-30 mil per item to get maybe a little Dex vit or res upgrade.

SO i decided to invest a little in the markets , did some speculation thing which at the first look turnd out great for me

over the last 8 weeks or so i bought up brimstones for mostly 80-90k i sold pretty much every item i found which was worth some gold etc.i pretty much stopped playing most of the time and only chekd the ah a few times a day and kept a close look on reddit etc to see Price exploding etc early on.

i was able to generate 104 mio out of the 30 mio i had at the start, i still have 100 Brimstones but yesterday i got pretty scared that they will drop heavy after the news of the legendarie drops for everyone ( the 100% legendarie after 500 kills which i cannot spot in the offical blog post from Jay to the effing Wilson ) so i sold 200 for 250k.

today it hit me hard when i saw that they lower the goldcost from 2,50 euro per mil to 25 sents and i read alot of posts and threats where people saying gold will be worth soo much less . and to be honest i am scared now.

i gave up so much the last weeks deciding i put al my efforts up to the new patch to be ready for whatever goodstuff may come. i was soo happy when i saw.... WOW i made up too 100 mil gold.

no i dont know what to think. AFter the Ruby Price explosion which i missed by a few minutes the gold price drop in the rmah i am really scared that i gained next to nothing and my 100 mio are worth close to nothing.

any advices or calming words u guys have for me? am i overreacting? should i still be happy about my cash and think that its more then enough to buy some nice stuff in 1.04 or did i screwd up bigtime and my whole AH investment thing just Failed.. and thats what u get for speculating at the market ^^

i know maybe 100 mio is not much for some of u guys but i always scrambled around 10 -20 mio and always wonderd WTF u u pay hundreds of millions for decent weapons etc so i felt 100 mio was alot for me


English is not my first language so i feel sorry if u guys have no clue what i am talking about

[SWalker]

Well the potential drop in gold value is what drove me to spend almost half my gold on a good weapon for my monk. In the short term I think it will hold it's value better than gold and I'll probably resell it once things settle a bit, before there's any huge DPS inflation. I'm also keeping a bunch of other assets for security.

[Moik]

If you hadn't speculated and profited like that, you'd be worse off. You did well there.
Myself, I'm opting to put my gold right back into other, less volatile commodities.
As gold value goes down, the commodities prices will rise to reflect that.
You'll lose money over time to regular price deflation from oversupply, but it'll be less than the loss that's going to come from price inflation from gold oversupply.
Basically, gold is going to drop fast, commodities are going to rise slow. It's the lesser of two evils. Reinvest to flatten out the damage.

[Telefonfrau]

so u think dropping 50 mil on BRimstones again could be worth for the future? cause the other comoddities except maybe gems are so cheap that u cant put alot of GOld capital on it...

for example i bought 10k subtle essences cause i think alot of people will craft the cain set for 30% more paragon exp.. BUT where to store that ^^

[Moik]

I don't think getting back into Brimstones is good. Everyone and their dog is speculating on those. My gut says there's going to be a crash or a bubble will pop just after the patch.

Subtles sounds like a good bet. I was looking at Encrusted Hooves for similar reasons.
Maybe Recipes might be the best place to store large amounts of wealth but... Their demand is hard to call outside of patch notes.

[viledevil]

gold hasn't changed in value at all, the rmah will just let people sell it for less there. the blackmarket price is less than a buck and that is where most people buy their gold.

ironically i have been stocking up on gold; being liquid when the new items start dropping is far more important to me than what the rmah floor is for gold.

ps its not going to be selling @.25/m - expect above the bm price plus fees, i would guess 1.25-1.5.

pps where the hell is the ban wave that should have hit before the patch! thats the big surprise for me...

[Moik]

>being liquid when the new items start dropping
It's been so long since I camped poorly posted sales... Does that still happen a lot? I associate that behaviour with casuals, which i don't expect many are left (all the casuals on my friends list are offline since 70-80 days ago). That's a good point that I'd forgotten.

>where the hell is the ban wave that should have hit before the patch
Hm... Possibly not patching tomorrow despite the back-end updates?

[viledevil]

i think the price of new items has to be all over the place - they will take time to settle and that offers opportunity. as for the patch it pretty much has to be tomorrow given their penchant for tuesday updates and the pace of the updates of late.

i dunno, i spent like 60m as soon as the blog went up on stuff that should do well for me and saved twice that for the new items, we'll see how that works out for me.