2. Track Price Trends Over Time
Knowing when to buy and when to sell is critical for maximizing profits. Market trends fluctuate over time, and by keeping an eye on these fluctuations, you can buy cheap materials and sell them at a much higher price once demand rises.
How to Track Price Trends:
Historical Data: Use tools like FFXIV Tools to Final Fantasy XIV Gil access price history. This feature will help you see if the current price is an outlier or if the price is consistent.
Price Alerts: Set price alerts on specific items that interest you. Tools like Teamcraft let you set price threshold alerts. This is perfect for tracking items that you want to buy or sell when they reach a certain price.
Market Patterns: Some items follow predictable cycles (e.g., crafting materials used for new recipes introduced in patches or seasons). By analyzing patterns, you can predict when to sell certain items at their peak.
Tip: Take advantage of cyclical pricing trends. For example, gathering materials for new expansions or patches usually spikes when content is released, so stockpile these items ahead of Final Fantasy 14 Gil for sale time and sell when the patch drops.