Flipadelphia Day 24: The End of Season Rush
The Most Active End of Season for Rentals in Quite Some Time.
Source for a Busy Walmart on Presumably Black Friday
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This has been a lively End of Season rental period, at least, up until the 24 hours prior to the End of Season. 1-5 days prior to End of Season have the most advantageous environment for cardlords at least from a pricing perspective. Card rentals do not provide the same return that a successful flip usually will deliver, but they provide a good enough stream of revenue over the course of 6 days that they cannot be ignored. During this time, there were transactions as well and so let's get into it.
This is where we stand right now with this account, it's nothing sexy at all. However, generating more than 300 DEC per day for rentals is helpful and certainly better than the way things were during the past 2 months.
This is the value of the Gold Foil cards.
Here is the value of the Regular Foil cards, many of which are Rewards cards that will eventually be sold when liquidations end.
The market value is certainly down, but the market environment was also different back on February 2, 2023. Collection Power has risen and some of the DEC earned from sales has been pocketed into Hive Engine and converted to other tokens.
What's Out?
It took some time, but the Level 3 Gold Foil Radiated Brute finally cleared at the desired sale price. The previous sale price that it was set at in the past was rather delusional, but this offered the ability to profit just before the resistance point.
Justified in the price point? Probably, at least for this given period.
Waiting to Swipe Right
These cards are up for sale, some failed to rent (Level 4 Gold Foil Chaos Knight) and just went straight to the secondary market for sale.
It's a radically transformed set of cards to be sold, especially compared to where things were on Day 0. The quality of cards on the block are better and expanding into Riftwatchers opens up greater profit possibilities.
What's In?
At $1.15, the Level 2 Gold Foil Dhampir Stalker had seen enough of a price drop-off lately to justify a purchase. It is a card that can certainly go back up to mid-February 2023 pricing.
Prices should not decline to the Holiday Season and Holiday Hangover 2022-23 levels. $1.15 falls in the support region that could certainly jumpstart a new rally for the card. The card took on a Descending Triangle and fell down to $1.15, but this should be where that bearish movement ends.
Let's Rent!
Presently 303 DEC per day in rental revenue is coming in and it was actually at 332 DEC at one point earlier today. This rental revenue will be used to buy more cards and this should be helpful in moving up the ladder.