Ok here's what happened...
I was passing by and I noticed that I've collected a large amount of elements and around 600k in my inventory. The number of LVL2 elements used were Earth=500pcs, Water&Fire=around 200pcs each, and Wind=around 20pcs. Now my objective was to get an SoS weapon (any weapon preferably a bow or sword) as soon as possible for effective SP farming at LVL16. I tried to sell my elements cheap but the market doesn't seem to respond to my offers.
So with my objective in mind I started to look for some prospective seller willing to trade my 600k gold and elements, for an SoS weapon. I found the first one but the server got laggy (that really was annoying) so the deal wasn't made. I found another seller just putting up a stall, and I offered immediately for the SoS sword he had. The specs are...
In the end the sword was bought, and the seller expressed his thanks that the item was sold earlier. He was really very anxious to sell the thing, and I in turn was also anxious to acquire an SoS with the amount of money I had.
I considered it a good deal since I plan on staying in LVL 16 until I farm out 100k of SP. At the rate I've been going which is roughly 900-1000 SPs/day (this is due to the fact that I don't play SRO at the "lag" hours and just put up a stall to sell my loot) I'll be staying at my current level for a VERY LONG time.
I don't know if I made the right choice, but I've reasoned out that the elements and money I used would come back to me before the 50k SP mark.
That's my story, and if I did good in your opinion, try the method one of these days for it might work

.