any tips for the stockmarket? sorry if theer is a thread or a section for this i can not find it...... i am near new to neopets and would like to get some tips on the neo stockmarket? how do i know when to buy, sell and most of all which stock to buy..... i have been watching certain stocks some go up and down, so whats the best stock to buy? thankz for reading
Yeah, buy low, sell high You want to buy when stocks are at around 15-17 np a share. You can diversify (have different stocks) or you can put your nps in one stock. At first, I would reccomend diversifying. There isn't a "best stock" persay. It's random Just make sure to buy shares when their at 15-17 np per share and you'll be fine Though, sometimes it takes months to make a significant profit on a stock. Its hard to say what to sell your stock at. Just try to sell it at 50 np a share+. Hope I helped
Only the really basic tips. Don't buy anything that isn't at 15, then sell whenever you feel comfortable selling. Most people choose to wait till the value at least doubles.
Yeah, buy low, sell high. Your profit depends on your patience. The stock market on Neo is a long-term investment; if you wait it out you'll always make NPs, because in the history of the Neopian stock market only a few very rare stocks have gone bankrupt. There are two main strategies; either wait for your stock value to double (buy at 15 NPs per share, sell at 30), or wait it out until the shares sell for 60k each.
If that doesn't work, you can always buy POWR and make like 15k in a day with some luck. The price of that stock fluctuates a lot, so it's good for a quick buy-and-sell.