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Re:One red paperclip by eachro on Sunday December 27, 2020 @01:38AM (#25549334)
This is a pretty fun thing to try to do with trading cards. Back in the day when I played Magic/Yugioh, I'd start with a janky common card and see how much I could turn it into. You have to exploit differences in how people value cards: the valuations of cards online mostly follows the way competitive players value them, but there are tons of people who play casually and others who just chase shiny/cool looking cards. It was relatively easy for me to turn a janky card into another common card that was useful in competitive decks (ex: fissure/smashing ground in yugioh), and trade those for janky holos with competitive players, which I could then turn into more useful/valuable holos with the collectible/casual crowd, and so on. It's super fun to do a few times just to know that you can pull it off.
Re:One red paperclip by eMGm4D0zgUAVXc7 on Sunday December 27, 2020 @02:48AM (#25549565)
Isn't this actually mathematically the same as arbitrage? :D
Re:One red paperclip by andrewflnr on Sunday December 27, 2020 @03:12AM (#25549639)
It's literally, identically arbitrage.
Re:One red paperclip by BorisTheBrave on Sunday December 27, 2020 @04:09AM (#25549845)
No, arbitrage is a combination of trades that essentially risk free as they offset each other.

This is just regular trading. Every time he swaps a card, he takes the risk that he won't be able to offload the new card.

Re:One red paperclip by selestify on Sunday December 27, 2020 @04:26AM (#25549900)
Doesn't arbitrage come with slight risk too? The spreads are always fluctuating, and if you don't time it right (in say high-frequency trading) you might not be able to offload whatever you just bought at a good price either.
Re:One red paperclip by BorisTheBrave on Sunday December 27, 2020 @08:58AM (#25551058)
Strictly speaking, yes, there are risks associated.

But there's still a wide difference between those risks, and speculating on the (not-immediate) future.