Guild Wars 2

I’d like to start flipping some items on the TP since I’m sick of CoF and am jealous when people post screenshots of various things and I notice they have nearly 1000g. I have around 50 now, but I just don’t think I’m doing it right with this buy order thing. I don’t expect anybody to write out any secrets of their own, but if something like a gem is going for 25c, what’s an adequate buy-order for it, 20? I know profits start out low early so I’m not looking to make 100g in one day, I just need to get a handle on this thing. I have enough gold to try and flip items worth decent silver, but I seem to be pretty much an idiot and am only making like 2c profit on some things I’ve tried xD. Any economical advice from you economists out there? I’m not a total n00b when it comes to economy, I’m just not very good at it in video games.

I’m not heavy into math but the simple version is, the listing and selling fees total 15% so if you multiply the buy price by 1.15 you’ll come up with something close to the break even point. In the case of a buy order for 20c, x 1.15 is 23c so if you sell it for 25c you make a grand total of 2c per item.

I’d consider x 1.5 to be the minimum for a decent profit (you’ll make just over 1/3 of the buy price), so in the case of an item selling for 25c you’d want to pay no more than 17c per item. Just get out the calculator and play around with the prices a bit before placing buy orders.

GW2Spidy is your friend… some buy and sell 20g dye’s to get 5000g profit. some buy and sell 10copper white tiem to get 5000g profit.
This is a open market, there is no real “way to get rich”

if you’re tired of cof, you can still make about 20g in about 5 hours. Farm shelt/pen for abour 2 hours and then once reset comes, farm chests from guesting