Esim - Monetary Market Tutorial
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Monetary Market Tutorial (Economical)
Posted 10 years ago by
Bl4ck_HaMm3R    
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On the monetary market any citizen is allowed to buy and sell currencies and gold. You can trade between any two currencies you like or between any currency and gold.
The monetary market can also be a source of additional money, for those who know how to use it.
Basics

Posting offers
Posting your offers is easy. All you have to do is to enter following information:
currency types
amount of money put on sale
exchange ratio
If someone buys your offer, you will get a special alert.

Gold into Currency
There are two ways of doing it:
Post your own offer : On the right side of page, you can post your offer. To sell gold, choose Gold as the offered currency and choose the local currency that you want to exchange as buy currency. Then offer as many gold as you want (as long as you have it) and enter the ratio. This way is more profitable but slow. To sell currency for gold, choose Local Currency as offered currency and choose Gold as buy currency.
Exchange with other users : On the left side of the page, you can see the other users` offers. Choose the currencies that you want to buy and sell. This way is often not for making profit. But it's a fast way to exchange.
Swapping currencies
You may swap between two currencies with one click. For example, you have chosen Gold as offered currency and TRY as buy currency.
Click swap currency. Now you have chosen TRY as offered currency and Gold as buy currency.
How to make profit from Monetary Market

Between every currencies, there is a spread.
What is spread?
Spread means profit ratio for monetary traders. Making profit with using spread(arbitrage) is a safe way. For example, you have 1 gold. You exchanged it for 70 CC. Then you put 70 CC for 0.017 Gold. Spread is; ( 70 * 0.017 ) - 1 = 0.19 Gold. Spread is 19%
Spread Trading


Spread trading
A good way to earn additional money is to use spread trading on monetary market.
To do so, just put simultaneous offer of buying gold and some local currency on monetary market (Of course you need to earn if people will use your offers!) This is the example on DEM
Buy directly from someone or post offer?
If you need to exchange currencies fast, it is advised to use someone's offer. You will exchange currencies at worse exchange ratio, but you will instantly get the transaction done
If you can wait a bit, it is advised to post your own offer. This way you will exchange currency at better exchange ratio
Speculating
Speculating is buying/selling large amount of money and gold and benefit from exchange ratio changes.
It is very risky, especially if you buy currency which is frequently printed by the government.
It is possible to make large losses using this method, and thus is generally used by those who can afford to lose large sums of money


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Declare War (10 years ago)

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Economical skill (10 years ago)

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USA as a world power? In E-Sim it is possible!

In E-Sim we have a huge, living world, which is a mirror copy of the Earth. Well, maybe not completely mirrored, because the balance of power in this virtual world looks a bit different than in real life. In E-Sim, USA does not have to be a world superpower, It can be efficiently managed as a much smaller country that has entrepreneurial citizens that support it's foundation. Everything depends on the players themselves and how they decide to shape the political map of the game.

Work for the good of your country and see it rise to an empire.

Activities in this game are divided into several modules. First is the economy as a citizen in a country of your choice you must work to earn money, which you will get to spend for example, on food or purchase of weapons which are critical for your progress as a fighter. You will work in either private companies which are owned by players or government companies which are owned by the state. After progressing in the game you will finally get the opportunity to set up your own business and hire other players. If it prospers, we can even change it into a joint-stock company and enter the stock market and get even more money in this way.


In E-Sim, international wars are nothing out of the ordinary.

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The second module is a politics. Just like in real life politics in E-Sim are an extremely powerful tool that can be used for your own purposes. From time to time there are elections in the game in which you will not only vote, but also have the ability to run for the head of the party you're in. You can also apply for congress, where once elected you will be given the right to vote on laws proposed by your fellow congress members or your president and propose laws yourself. Voting on laws is important for your country as it can shape the lives of those around you. You can also try to become the head of a given party, and even take part in presidential elections and decide on the shape of the foreign policy of a given state (for example, who to declare war on). Career in politics is obviously not easy and in order to succeed in it, you have to have a good plan and compete for the votes of voters.


You can go bankrupt or become a rich man while playing the stock market.

The international war.

The last and probably the most important module is military. In E-Sim, countries are constantly fighting each other for control over territories which in return grant them access to more valuable raw materials. For this purpose, they form alliances, they fight international wars, but they also have to deal with, for example, uprisings in conquered countries or civil wars, which may explode on their territory. You can also take part in these clashes, although you are also given the opportunity to lead a life as a pacifist who focuses on other activities in the game (for example, running a successful newspaper or selling products).


At the auction you can sell or buy your dream inventory.

E-Sim is a unique browser game. It's creators ensured realistic representation of the mechanisms present in the real world and gave all power to the players who shape the image of the virtual Earth according to their own. So come and join them and help your country achieve its full potential.


Invest, produce and sell - be an entrepreneur in E-Sim.


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