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Mining for gold: when to sell ore and when to smelt it

Mining for gold: when to sell ore and when to smelt it

•Professions•Brendo Arruda

Where do the majority lose gold in Mining?

When selling.

Many people:

  • mine right
  • collects well
  • fill the bag
  • and sells it wrong

The decision between selling raw ore or smelted bar changes the margin a lot.


1. Scenarios in which raw ore is worth more

Ore tends to be worth more when:

  • craft demand asks for direct ore
  • the market is turning fast
  • the price of the bar did not follow
  • there are buyers who prefer to control their own smelting

At these times, merging early can even destroy value.


2. When cast bar generates superior return

Merging can pay off best when:

  • the bar has strong use and consistent spin
  • the price difference compensates the process
  • raw ore is undervalued
  • there is market convenience in the ready bar

3. How to analyze price and market demand

Ask:

  • which format spins faster?
  • does the price difference cover the transformation?
  • Am I just looking at unit price or price with liquidity?
  • does this material sell well on the day/week?

A good market is not just the most expensive. That's what really comes out.


4. Timing errors that reduce profit

  1. sell everything raw without comparing
  2. merging everything out of habit
  3. ignore liquidity
  4. entering a price rally late
  5. use a fixed rule for all ores

5. Simple sales strategy by phase

Account Home

sell what turns faster and with less risk

Middle of the progression

compare gross x bar and choose margin with liquidity

More advanced phase

use the market to your advantage with more discretion and less automatism


Sales checklist

  • [ ] did I compare the price of ore and bars?
  • [ ] I looked at liquidity or just unit value?
  • [ ] does the current market favor convenience or raw materials?
  • [ ] am I selling in the best format for this week?
  • [ ] Is my decision based on data or habit?

Minimum recommendation

Mining for gold works best when:

  1. you compare raw and cast
  2. considers liquidity
  3. Does not transform smelting into automatic reflex

Collecting well generates resources. Selling well generates profit.

Pronto?

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