Facebook: Be a Tycoon

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The social networking phenomenon has exploded and it is the next best thing to keeping your friends and colleagues close and personal. I personally have accounts across different sites such as Friendster, LinkedIn, Plaxo and the ever popular Facebook.

Be a fan and add the golden egg to your empire.

I am not much of a fan of these sites and rarely log in (unless I have to approve a request from someone to add me in their network), except for one – Facebook.  It was a day when I didn’t have anything better to do except surf the web plus I thought of updating my profiles in different sites.  Known for its numerous applications, I had over 80+ requests from different people for a variety of things, from hatching eggs and giving out gifts such as laptops or Lacoste shirts.

One friend invited me to try an application called “Be a Tycoon“, which essentially is a virtual game to build your empire ala “Forex” style.  I tried it once and I was hooked! I invited my husband and best friend and they’ve joined the bandwagon.

If you are one of us, then read on.  Here are some tips that might help you earn your virtual millions (or even billions) faster.

The Tycoon Tracker
This nifty application supplements your game play as you buy and sell your investments.  You can refresh every 5 minutes to check the trend of each investment.  It even has charts to show you trends within 24 hours, 7 and 30 days.  It has a Buy Now table that shows you what to buy at that moment.  Green means go for it, yellow is telling you to be cautious and red, well you know what that means.  There is still some risk in following the recommendations as the prices can still go the other way.

Ever reliable Bugatti Veyron and Race Horse
If you’re just starting and can’t afford the rest of the stock, then increase your money and earn one million at a time.  This car and horse is very reliable since it is predictable.  Buy for a million, sell after you profit a million.  I use this when I’m trying to be liquid after a big loss.

Don’t be greedy
Just because your chart shows it’s highest price, it doesn’t mean you hang on to it until it reaches that point.  Prices go up and down and though there are some that have predictable trends, you’ll never know what happens after a day or two.  If you earn a few million, then decide to sell.  You can buy it again when it goes down again.

Have you played this game?  If you are a fan like me and have the golden egg in your stash, then I’d love you to share your own tips.  I’d like to hear those who tried and even hated it.  Right now, I need to check my empire.

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Filed under Games

Tags: Be a Tycoon, Facebook, Social Networking