Basically the title says it all. How do people get money by the energy market?
This is so confusing. I just want to know how they do it. :D
Vilu
Earning money from energy market?
Fri, 01/15/2016 - 11:52
Fri, 01/15/2016 - 12:06
#2
you make money by doing this basically
There's 3 ways to buy energy
1st way is to buy with real money
2nd way is to go to the energy trade for crowns or energy for crowns, an example would be sell CE for 200 crowns and you can buy CE for 500
The 3rd way is how people make money, they put up those buy offers and sell offers, so they buy the Ce for less crowns than they buy it for, and sell for more than they buy it for. you usually make around 86 crowns per sell, this doesn't seem like much, but it adds up, especially if your not doing anything :)
Hope that helps.
Fri, 01/15/2016 - 13:05
#3
:/
Very helpful guys! Thanks for your suggestions!
Vilu
Fri, 01/15/2016 - 22:39
#4
And if by any chance you are unable to make money on the energy market, feel free to make a thread on how we're all doing it wrong.
From what I understand, in one of two ways.
1: buy and sell rapidly when the price difference between buying and selling in the market tab is enough to make a profit.
2: buy CE when it's low, sell high. Basic economics.