I also recently collected over 10,000 NP all at once,
and by selling only stocks of LUPE, in the Neopian Stock Market!
I must agree, the Neopian Stock Market is an easy game,
but not the easiest game on the Neopets. I am not sure about "the longer
you wait, the more money you make", but I do have some experiences on
"waiting":
Waiting for the price to raise over 10 NP
The first time I bought LUPE
was for the price of 6 NP, and I bought 1,000 stocks. The next day I found
it 6 NP again and I bought 1,000 stocks again. The next day it rose to
the price of 7 NP, and I wanted to sell the stocks at the price of 10
NP, so I waited...
The next day, it rose to 8 NP, and I waited till the
next day, and find it dropped to 6 NP, and I bought 1,000 stocks again
and I do the same thing the next day at the same price.
Some time later, the price went up to 9 NP! But it is
still not my desired price, and I waited again. However, the next day
it dropped to 6 NP again. What a pity I did not sell at the price of 9
NP!!!
It is Not Finished Yet!!!
My real story is not finished yet! I bought again at
the price of 6 NP. This makes a total of 5,000 stocks of LUPE, each bought
at the price of 6 NP. I waited and waited, and the price finally rose
up to 11 NP!!!!!! I was quick enough to sell them at that high price,
and this makes me earn 24,980 NP (6 [buying at the price of 6 NP] x 1000
[1000 stocks were bought each time] x 5 [I bought the stocks 5 times totally]
- 20 [commission fee] - 30000 [cost to buy the stocks] = 24980), and I
collected 54,980 NP all at once!!!
For summary, I earned 24,980 NP, by collecting 54,980
NP, for selling ONLY stocks of the LUPE company!
Things to Remember When Playing the Neopian Stock
Market
First, I have to say, I only buy stocks at prices of
6 NP. After I stepped into the Neopian Stock Market, I did not see any
of the prices drop below 6 NP, and I can say that 6 NP is the border line.
I agree that buying in bulk is a great choice. I buy
stocks in bulk at the beginning, but in my experience above, you can see
that I only bought the stocks of LUPE, and still, I earn more than 20,000
NP. Buying in bulk or not, that'll be your choice...
What goes up, must come down
This is a very great sentence describing the situation
in the Neopian Stock
Market. However, about buying high-priced-stocks, I have the following
idea:
Using examples of BBBB and CHIA, they had been at a high
price (30 or greater) for some time (CHIA had already dropped below 30
when I wrote this article). As you can see, every move of those stocks,
rise or drop, usually is a large number (4 or greater). That means, the
more risk you can take, the more quick NP you might earn!!!
That's all, folks!
That's it! Thanks for reading my article! I hope you
all enjoy playing the Neopian Stock Market!!! It's a good time!!!
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