Archives For stock market

So youre new to the stock market, and have NO idea whats going on? That was what I felt like a while ago. I started off buy shares at about 30np a piece, just to see my money slowly slip down the drain. That is a very bad feeling, my hard earned neopoints being forced out of me. But, there were several things I didnt know when I started that I think I should share with you.

First of all: Lets get acquainted with The Stock Market. For those of you who dont know, the point of the stock market is to buy shares at a low price and then sell them at a high price in order to make a profit. Easy enough, right? Ok, now I bet you wonder, How do I know what stock will make me the biggest profit? That is a hard question to answer, but if you read the rest of my guide Im sure it will help.

Who should play this stock market?

I advise those who had amassed some NPs (about 300k) to start playing. This is because this is a game of patience, not risk venturing. As long as you keep the stock, 1 day it will rise. To have patience, you should have enough NPs to faithfully buy the 1000 shares (capped at 1k) every day. If you are a person who are not that rich yet, most probably you can earn more $ using the NPs you have, in other areas such as shops or trading posts.

When to sell the stocks?

When I start playing the stock market, I buy at 15 and sell at 20. As time goes by, I amass more NPs, I start to wait longer for the price to rise. Right now, I buy at 15 and sell at 50 and above. My point is when you are richer; your risk tolerance will get higher. Thus as to when to sell it – will have to depend on your riches and liquidity needs.

I see many people asking, How many neopoints should I put into the Stock Market? Well that is a fairly easy question to answer. The more you invest, the more the profit. So try to buy 1,000 shares every day. Of course then I hear people complaining, I dont have enough neopoints to buy that many! There is an easy solution to this, work hard every day. In the next 2 paragraphs Ill explain how to raise your portfolio.

Ok, first off. As I said before, always buy 1,000 shares a day. The hard part is getting the money. Go to the shop wizard and (just as in the stock market) buy low and sell high in order to make a profit. Look for things people want like dubloons, codestones, ect. If you find one cheap, rush, rush, rush to buy it before someone else gets to it. Once you have the item, put it in your shop at a higher price so you make a profit. The second way to make neopoints is to play games. I personally make about 4,000 a day off of games alone. Find some youre good at (for me its Volcano Run, Meerca Chase, and Gadgadsgame) and play until you hit the max amount of times you can play a day.

A Word From Kym

Kym Huynh —  August 5, 2017 — 2 Comments

Welcome to the world of Neopets! I am Kym, a Neopets player, who during my time, have experienced everything that there is to experience about this game. This book contains a wealth of information all waiting for you to uncover and read!

As many of you may know, Neopets is a game of magic and excitement, where any decision you make will affect other aspects of your Neopian life. This world is gifted with friends you can make. On the other hand, it is also plagued with scammers and scoundrels, who like doing nothing better than to rob you of your achievements. In my opinion, the risks are worth it, as this game has been a blessing for me. For me, this game, other than its entertainment value, has been an invaluable educational experience. From its scammers and hackers, I have learnt that the world is not a perfect place. Through its integrated commerce system, I have learnt the real value of money. Through its stock market, auctions and trading, I have learnt valuable commerce and haggling skills. These things cannot be learnt in the classroom, and I am thankful that I was able to learn this in a simulated environment rather than learning it in the real world, where results could become nasty. Are you willing to also learn these things?

I have seen too many “neopoints quick” guides that are super long and involve time and effort like all day! (plus there long to read) so I have come up with my guide for people who want money and want it now, also called lazy people. This guide involves things that quick and easy also can be done in about 1/2 hour at most if you’re slow.

Now to the guide!

First things first, to be fast and lazy, bookmark the pages that you use like bank, your shop, guild, the games you play, stock market, the shop you like to restock at (if you do that) etc. After you are done reading the guide and test what you want BOOKMARK the links you are going to use or this guides link that way you can go fast.