Is it a good time to buy or sell Tibia coins during Double Loot & Double XP events?

Question

Hey guys,

Before the last double event, I've made some research and spoke with some people regarding tibia coins: when to buy and when to sell. The responses were mixed and I ended following one that I don't think was right: I've sold a lot of tibia coins during the event.

The normal price was at a maximum of 9k days before the event. I've sold for around 10,5k each planning on buying the same amount for a lower price a few days after the event since I was believing the price will only drop and stabilize at the same price before the event (maximum 9k)... But I was wrong.

Now I'm kinda concerned because the price just went to almost 12k. Did I make a bad mistake? There is any chance of recover it or the price tends only to rise day by day?

Also, there is any general common sense regarding TC not only during double events? Because I want to manage my coins properly without losing them even more.

Appreciate your patience and help!

Comments

you are asking about a specific event and tibia coin price. So I will change the title and make your question viable. In the current state, your question would be closed.

It showed a lot of similarities to this question before edit:
https://www.tibiaqa.com/6540/what-is-the-optimal-stable-price-of-tibia-coins

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hey, i edited it a bit more, please let me know if you agree with it fpopp i think i made it kinda similar to but maybe his is more specific idk https://www.tibiaqa.com/10702/when-is-the-best-time-to-buy-and-sell-tibia-coins

Answer 1

at a price lower than 10k the price of tc will go up no matter the kind of event,

higher than 10k and it would vary based on the status of the server and the kind of the event (in double exp/skill dominated/no war server  generally tank prices above average, servers in war would vary a lot; in the otherhand while double loot events it will go up slightly or considerably but always up),

at 20k+ when double loot price goes up, when double skill it goes down.

anyway this "rule" vary from server to server but at least in GBE double loot event is always a good moment to sell TC, while double exp event depends on the conditions of such server and tc price but only new server with TC below 20k suddenly start raising the price until reach an "stable" price.