Best place to make some gold?

Best place to make some gold?

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Posted by: AkiLeaves.2613

AkiLeaves.2613

Q:

Where is the best place to make some gold by one’s self?

I’m sure you guys get sick and tired of this question, but I am saving up for the stupid ascended back item. Where should I go, and what should I do? Is there an area that’s good for running around and mining/gathering/chopping? I’m just at a loss.

Best place to make some gold?

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Posted by: kitanas.3596

kitanas.3596

black lion trading post.

that is all

Best place to make some gold?

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Posted by: Black Wolf.7348

Black Wolf.7348

and most other ways to make gold mentioned here on this forum will most likely not make you any money by tomorrow since there would be lots and lots of ppl using the methods to make money.

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Posted by: Phoenixfudge.5290

Phoenixfudge.5290

Dungeons, unless you are really good at playing the tp.

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Posted by: BeduinoAlbino.9812

BeduinoAlbino.9812

Dungeon runs can get you some gold from drops, prizes, and stuff to sell. A run around Southsun and other high lv areas can also get you some resources. More than that, playing with the TP if you have money to invest. It is risky, but it can earn you more money than everything else together, you just need to know what you’re doing.

“Never disturb your opponent when he is about to make a mistake.”

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Posted by: DeathenShada.6397

DeathenShada.6397

One suggestion is don’t invest heavily on the mats that are heavily traded on the trading post like copper ore etc. For one reason it will take for ever and a day to buy and sell the mats since 100,000 other people are also doing it. Also you will make 1 copper profit off each item if your flipping. So basically you’d have to buy like 10,000 ores to make 1g. And by the time you buy and sell them due to the long line up of people 1-2weeks will have past. Thats just my experience..

So if you wanna make profit on the trading post you’ve gotta find some other items to flip other then these common mats that everyone is doing or your screwed.

Edit: I currently have 30g worth of copper ore still waiting to sell on the trading post and it’s been over a week and they still haven’t sold. Just simply cause so many other people are selling at the same price. At this point I really just wanna make my money back, and it feels like a loss if it takes that much time to make 1-2g.

(edited by DeathenShada.6397)

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Posted by: Achilles.6870

Achilles.6870

One suggestion is don’t invest heavily on the mats that are heavily traded on the trading post like copper ore etc. For one reason it will take for ever and a day to buy and sell the mats since 100,000 other people are also doing it. Also you will make 1 copper profit off each item if your flipping. So basically you’d have to buy like 10,000 ores to make 1g. And by the time you buy and sell them due to the long line up of people 1-2weeks will have past. Thats just my experience..

So if you wanna make profit on the trading post you’ve gotta find some other items to flip other then these common mats that everyone is doing or your screwed.

Edit: I currently have 30g worth of copper ore still waiting to sell on the trading post and it’s been over a week and they still haven’t sold. Just simply cause so many other people are selling at the same price. At this point I really just wanna make my money back, and it feels like a loss if it takes that much time to make 1-2g.

While I can’t speak for copper, Green Wood Logs are a pretty good investment for large amounts of cash. What I mean is that I can only trade about 30-45 of my gold for large margins (30-50% usually). The logs are great becauase I can pour my remaining 80 odd gold into them and get 16% back with little risk. For the logs it only takes about 24-48hrs on average to get the profit from them.