I’m not going to say that you owe it to yourself to play Magic The Gathering online. I’m not even going to say that you owe it to yourself to make money off of it. What I will say is that if you are looking for ways to make money off of something you love playing, then playing Magic The Gathering online is a perfect way to do so.
It doesn’t have to be hard to make money off of MTGO. You just need to know the right way to go about it. Today, I’m going to teach you a 3 step process that will have you making MTGOCash in no time at all. Just remember, consistency is key and you must keep doing what you’re doing until you succeed.
Find New Players To Trade With
One of the first things you should do if you want to make money playing MTGO is to find new players to trade with. It’s easy for established players to make money playing MTGO, but getting started can be a little difficult. Fortunately, there are plenty of opportunities for you to find new players who want to trade with you. You can use search engines to find players who are online right now, look for forums where players trade, or check out your local gaming store’s social media platforms. You can also create a Reddit account and use that as a platform to find new players.
The important thing to do here is to find new players who want to trade. It doesn’t matter whether or not they are good players. What matters is that they want to play against you and that you have something that they want. Once you have a small number of new players who are interested in trading with you, you can move on to the next step.
Start Making Small Wins On The Side
The next step is to start making small wins on the side. Not every game you play has to be a big win, or even a win at all. In fact, the best way to make money off of MTGO is to play in small events, or queues. You don’t need to play in huge events to make money, you just need to play enough to make money. You can use online tools such as MagicTiers or RankBoost to find the events closest to you, the smaller the better because the less competition there is, the better your chances of winning. Also, the entry fees for smaller events are usually cheaper than for bigger events, so you’ll be making money off of smaller events without even having to spend a penny. Just make sure that you don’t play in any events where you’ve already won something big or you’ll risk ruining your chance of winning smaller events.
Take Advantage Of Nontraditional Payment Options
One of the best things about MTGO is that there are a variety of nontraditional ways to make money off of it. Some players prefer to cash out their winnings in cryptocurrency, while others want to play for fun but still want to earn money. One of the best things you can do for your earnings is to take advantage of the various non-traditional payment methods available. You can use your credit card at some places, or you can deposit funds into your account using other forms of payment. Whatever you do, make sure that it’s legal where you are. You don’t want to find yourself in a situation where you’re scrambling to cover legal fees.
Above all else, make sure you’re keeping good records of your trades. This will greatly assist you in showing proof of your earnings to tax professionals. Many people think that playing games is completely legal, and while it is, as long as you’re not doing it for money you’ll be perfectly fine. Still, if you want to keep things clean you should avoid anything that looks suspicious. Never let your guard down and always be aware of your surroundings. That’s the number one rule when playing online.
Stop As Soon As You Start To Lose Money
The third and final step is to stop as soon as you start to lose money. You’re going to have bad patches where you lose tons of money. Sometimes, this will happen because the person you were trading with is on a hot streak and is making every game a winning one. Other times, it will happen because you’re just plain bad at playing. Either way, you’re going to have times where you lose a ton of money. This is when you stop playing and avoid risk. You don’t need to be a genius or a millionaire to make money on MTGO. You just need to be willing to learn.
Above all else, avoid getting too far ahead in game. Trying to play smart by staying even or ahead of your competition is often the key to making money on MTGO. However, this often puts you at a significant risk of losing money. The key to making money off of MTGO is to find a way to navigate these dangerous waters. Luckily, you don’t have to swim too far to make it to safety. Just keep playing and making money until you can’t anymore.
Above all else, make sure you’re keeping good records of your trades. This will greatly assist you in showing proof of your earnings to tax professionals. Many people think that playing games is completely legal, and while it is, as long as you’re not doing it for money you’ll be perfectly fine. Still, if you want to keep things clean you should avoid anything that looks suspicious. Never let your guard down and always be aware of your surroundings. That’s the number one rule when playing online.