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Flipping is a method of making money. It means buying items for a low/normal price and selling them for a higher price in return.
WARNING! FLIPPING CAN RESULT IN A LOSS OF MONEY!
Also See Merchanting.
As a beginner, one of the most common methods to flipping is through the grand exchange by finding the prices people are buying and selling items for. With these quick steps, you can easily determine how price your items.
As said before, this is one of the most basic forms of flipping. As you get more confident with this form of flipping, you can progress into more advanced techniques such as investing.
If you're having trouble deciding on an item to begin flipping with, take a look at the Top 100 Most Traded Items in Runescape, which can be found on the main Grand Exchange page. This list will show you items that are known to move quickly and shouldn't cause many problems with buying and selling.
If you're looking to expand, think about what types of items people are in need of. Anything that's commonly used when leveling skills is usually an item that can be flipped.
At times, you may notice that when buying an item in mass quantities, you'll only get a certain amount every time. For example if you're flipping dragonhides, you can only buy 10k at a time. This is to limit players creating a false demand for an item which would increase the price over time.