You know what I hate? Patches. Right when I get all settled in and into my groove they come along and patch the game and there's a whole new market to learn or all new nerfs to adjust to and all that stuff. QQ Of course, if the game never got patched it'd grow boring eventually, but I'm usually that person who hates change and perhaps that's why I refuse to get serious into stockpiling and speculation.
Allow me to show you my 4.2 stockpile!
I've never been one to stockpile and I probably never will be. Even when I do anticipate a demand (Glyphmas, for example) I will almost always understock myself. I hate huge stockpiles. I think they are definitely an asset for those who enjoy that style of gold making and can show brilliant results, but I do not like staring at a bunch of inventory that is gathering dust instead of gathering income. I would rather sell my Inferno Rubies now for 160g and then have that to reinvest to rinse/repeat ad nauseam than to hold onto it because I'll probably be able to sell it for 250g in a few days/weeks/months. I want my inventory to work for me now, not later.
Let's say you have 100g to your name. You could invest this gold in Pyrite Ore, assuming that epic gems will come from it. Let's pretend that 4.2 drops in August as a random month I have chosen. So now you have a stack of Pyrite Ore and no gold for all of July. When August comes you may be able to quadruple your money and sell an epic gem out of that stack for 400g. That's a great return on investment; but at the cost of an entire month without that investment capital.
Now let's take that same 100g and put it into a stack of Pyrite Ore. Prospect it on the spot, shuffle items appropriately, come out with a conservative 120g. Now do it again. And again. And again. Within an hour you can be up to 400g. You'll have net the same result of stockpiling but faster, with less uncertainty, and have a whole month to continue doing this while that other guy's sitting on his Pyrite Ore stack and hoping for the future.
Granted, stockpiling is not usually done with all of your capital, but with what you can spare without crippling your other gold making ventures, but I feel the point is the same: I would rather use my gold now for guaranteed income than tie gold up in the prospects of future markets.
I hate uncertainty and I hate stock gathering dust and that is why I am not a stockpiler.
All of the gems in the above image are the result of yesterday's shuffling and will be cut and sold off by tomorrow and I will continue in this manner until I get bored. Have I lost out on income from lack of stockpiling? Definitely! I was woefully understocked for Glyphmas, for example.
But am I still about to hit a million gold. Yep. Stockpiling is great for those who enjoy it, but I guess I just don't see why a lot of people seem to think stockpiling is nearly mandatory for anyone making serious gold.
Do you stockpile? Do you consider it something all gold-makers should do? Why or why not?