| Tags: CS:GO, Esports, Reviews
| Author Zlosterr
CSGO Investing: What Is It, and Should You Worry About It?
What is CSGO investing, what do you need to know and what do you need to be careful of?
There is no doubt that CSGO is the most legendary shooter in the world. The game has loyal fans that have been playing for years, and despite being more than 10 years old, Counter-Strike: Global Offensive keeps getting more popular.
Besides its unique gameplay, the game is the go-to option for millions because of its skins and because of CSGO investing. Even though some people wouldn’t use this term, players have been investing and trading skins for years now. Some lost a lot of money, but you can also find people who’ve won a considerable amount.
With that said, let’s learn more about CSGO investing in 2023 and what you need to be aware of.
CSGO Investing 2023 – Basics
When it comes down to investing in CSGO, you should focus on skins. Valve’s decision to add in-game cosmetic items after the release of this game changed everything about it. Nowadays, many players haven’t given up on the game just because of the amount of money they’ve spent on skins.
Even though the Steam Market doesn’t allow you to sell skins and withdraw your money, tons of third-party sites do that. Hence, people have been using them and speculating with specific skins’ prices in hopes of earning money. This may not seem that interesting, but you can definitely find a CSGO investing guide that will include everything about it.
To be honest, the word “investing” is probably not the most suitable one here because people rely on speculating to make money. However, players use “investing” all the time, which is why it became the go-to term.
How does it work?
People interested in CS:GO investing have to get a specific skin and try selling it for a profit. This seems easy on paper, but there are loads of things that can go wrong. Besides the fact that they can get banned, people also need to be extremely careful when deciding which skins to get. Some of them might double or even 10x in value, but there have been many cases where certain skins go down to 0, and people lose a lot of money.
Finding out which skin in CSGO will go up in value is really complicated. Some players spend a lot of time reading reviews and watching videos, but nothing is ever certain. In fact, those who’ve made the most substantial profits usually had no idea they’ll do that and just got lucky.
CSGO Investing Source 2 – The problems
As you probably know, CSGO Source 2 is just around the corner. In fact, we’ve already written an article about some of the potential CSGO Source 2 Changes and the things we can expect to see. Besides the new graphics and mechanics, many people wonder whether Source 2 will impact the cheap CSGO skins and those that cost a lot of money. Although we can’t be certain until the update becomes available, by the looks of it, everything will be the same.
The fact that many people are worried about their skins’ future might seem funny to some, but we have to remember that some players have spent thousands of dollars. In fact, that’s one of the big reasons why we believe Valve won’t dare to change anything about them. Sure, there will be loads of new skins to choose from, but it is highly unlikely for Valve to do something to those currently available.
The potential outcome after the arrival of the CSGO Source 2 update
Even though we do not have a CSGO Source 2 release date yet, once it gets announced, players will go nuts. This will be the single biggest update in the game’s history, which means that everything will change. Unsurprisingly, this also includes the skin market because some believe everything might go up in value.
Of course, this is just pure speculation because no one knows if that will happen. In fact, the opposite is also true because the CSGO skins might go down in value really fast. That’s one of the big reasons why we’ve seen a lot of people trying to sell rare skins before the arrival of Source 2.
Most people interested in CSGO skins investing aren’t sure what they need to do right now, so it will be very interesting to see what will happen in the future.
What to do if you are interested in CSGO investing?
People who want to start “investing” in CSGO before the arrival of Source 2 or shortly after that need to conduct their own research. Even though there will be tons of guides and information out there, it is not advisable to listen to other people. Check all of the skins you care about, track their performance over the last couple of months, and decide for yourself whether it’s worth investing your own money.
The arrival of CSGO Source 2 will change many things about the game, and it should make it even more popular than now. If that’s the case, we can expect to see a substantial price increase in some of the most popular CSGO skins. That’s probably one of the reasons why some marketplaces receive substantially more market transactions than before.
Aside from changing the in-game economy, Source 2 in CSGO will also affect other things, including the eSports industry. There are loads of big tournaments ahead of us, so make sure to check some of the hottest CSGO betting websites. ESTNN has reviews of top-tier brands, and all of them offer excellent services.