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I'm not too worried about it because right now i'm having about 400k coins from winning and that'd be wasted if i don't buy something or get my money back :))
I can use those hardwoods to craft something that isn't sold anywhere like casks.
Right but how many fences are you planning on making/using? About a season's worth of hardwood harvesting will make you enough fences to cover most of your farm that will last 4.5 years minimum. There's literally no reason to waste money on these things.
It's important to take opportunity costs into consideration with limited resources like hardwood.
Casks can top out at 56 gold per day for a single piece of hardwood.
Worm bins generate up to 25 gold worth of bait a day for 25 pieces of hardwood
Oil makers can generate* up to 2598 gold per day of artisan truffle oil for 20 hardwood
Cheese presses can generate* up to 3510 gold per day of artisan goat cheese for 10 hardwood
Hardwood can be sold directly for 15 gold
Fences don't generate any value and wear out after ~560 days
*Gold generation per day based on the increase in value from raw good sale price to finished good sale price (including artisan perk) times the number of units able to be produced on one machine in one day.
Between the player favored odds and daily luck expoits there's no effective cap on how far someone can stretch the initial casino coin buy-in. Therefore, only the time investment should be considered as the more important factor in the opportunity cost. It may be possible to spend two minutes harvesting 10 fences worth of hardwood, but the same or greater value can be gained through gambling in that same time period, even taking losses into account.