Trading Basics - Console Differences

Hey Guys, 

I wanted to start by explaining some of the differences between consoles. This is really important to understand because it should help you decide how to invest! 

There are some investments that work better on Xbox than PS and vice-versa! The main reasoning for this is the significantly higher amount of users/transfers on PS compared to Xbox!

For example, the SBC fodder market on Xbox is much more volatile than PS. This is because there are less cards on the market and more demand than supply for SBC's! 

Let's use a scenario where we invest in an 83 CB for 3K on both consoles. 

If the card is required heavily for an SBC it may reach the price of 5K on PS, but 6K on Xbox even though you bought at the same price. Ironically, you can also usually invest in them cheaper on Xbox, too! 

We see this happen all year regarding SBC's, so it's an especially important concept to get familiar with on Xbox. 

On the other hand, PS4 has more drastic market rises surrounding coin injections and promotions. 

For example, on Thursday's users to get a mass amount of coins from their Division Rivals and Weekend League rewards. After listing their pack contents, their coin total has increased well and they look to upgrade their team. 

On PS4, the market rises more and more consistently than Xbox in this situation. If both consoles bought Lenglet (very popular Thursday Flip in Fifa 20) for 20K he may reach 25K on Xbox and 30K on PS. This type of investing is more profitable on PS. 

Another example of this is seen with flipping new promo cards. It actually makes reading the Xbox trend a little easier. 

New promotion cards get supplied A LOT during Lightning Rounds which tend to feature the first few hours of a new promotion. After Lightning Rounds end, cards featured in the promotion rise in price as supply>demand! You can usually see these rises first in the PS market and Xbox tends to follow suit regarding the same cards. 

We used this concept to make millions of coins last year. 

One example is that on PS4 Saint Maximin FUT Birthday went from 800K to 1.1 million. An hour or so later he went from 650K to 950K on Xbox. We caught the PS4 a bit late, but I knew he would follow suit on Xbox, which we nailed! This helped some people make hundreds of thousands of coins within an hour :) 

For day trading, cards tend to fluctuate in bigger ranges on Xbox, but take longer to sell. On PS, they fluctuate less, but would sell quicker!

These are the biggest and most important differences between consoles and something to be aware of heading into the year! 

Jake