Guild Wars 2

Hello,

So, hypothetically, if someone has 200g on hand, what would be the best way to invest this to make more money? Is, say, a crafting discpline the best way to get more money, or maybe is there some crazy stuff you can do on the TP? You don’t have to share any really big secrets here, but if you’re willing to in a PM, that would be very nice of you.

You mostly just have to find a niche and fill it. Be creative. Identify what you want: do you want fast small amounts or slow big amounts? Lots of work or lots of waiting?
Several ways I can think of to make coin on the TP:

• speculating (buy it, wait a month or so for the price to go up, sell it = slow speed, high waiting, small work, high profit)
  Item types I recommend: Temporary items (such as special items from different parts of the Living Story). especially things with low supply, are valuable, and exit circulation, such as dyes and skins.
• flipping (buy order for 1g, sell listing for 2g = medium speed, medium waiting, little work, medium profit)
  Any and every item is open here. higher turnaround items will give less profit but are bought/sold faster. Requires high initial investment to make lots of buy orders, most of which won’t be filled.
• salvaging (buy item, salvage it, sell salvaged materials = fast speed, small waiting, medium work, medium profit) ~500g profit/week max
  Most profit made when item does not obviously give a profit, so more work = more profit. Salvaging for ectos, salvaging for basic materials, opening bags. Could require high initial investment to make lots of buy orders, most of which won’t be filled.
• crafting (buy crafting materials, craft stuff, sell crafted stuff = fast speed, small waiting, highwork, medium profit) ~500g profit/week max
  Profit usually made by saving other people time, such as crafting components and inscription/insignia. Temporary recipes usually do good as well (watchwork runes/sigils, potent potions, etc.). Also a lot of profit to be had in making items, but that’s slower.
• forging (buy materials, throw in forge, sell stuff that comes out = fast speed, medium waiting, high work, medium profit)
  Requires the highest initial investment to get past bad luck. precursor crafting, major → superior rune/sigil crafting, etc.

Same request here! A plea to some millionaire gamers to PM some of their strategies on TP – I would be very interested in a winning MF precursor gambling tactic in particular (having issues with getting my first Pre).

Thank you to anyone who is kind enough.

I am by no means a cashmaster of the TP. I am currently sitting at 500g banked, approx. 150g in short term investment if I would sell now, and another 50slot bank fully stacked with ..stuff, that I hope will get me at least 200g in the future. So these are the things I do:

- flipping items on the TP. Regularly, daily, profitably. Here is an example of item flipping. I do not say “go and flip dyes” but this is how it works with everything:

- check gw2spidy for supply, demand, margin and craft the stuff you think will do well in terms of sales. Here an example: I checked spidy and found out the “mithril greatsword hilt” is demanded by 1700 orders while the supply was only 800. So there is definetely room to put in a couple extras. I also now that if I order all the stuff (WITH BUY ORDERS!!!) from the TP it will cost me say, 1.5 silver to craft one hilt. The sell price would be 3silver and if you account for the fees (15%), voila, 1.275 silver profit.

You need to be careful though, a lot of stuff listened on the TP / spidy is completely unsellable for the prices you will see. For example, expecting that someone will pay 1+ gold for Sentinel’s Mithril Shield is just lol.

cheers.

cmud.5689:

You need to be careful though, a lot of stuff listened on the TP / spidy is completely unsellable for the prices you will see. For example, expecting that someone will pay 1+ gold for Sentinel’s Mithril Shield is just lol.
cheers.

I sold thousands of crafted rare lvl 80 sentinel greatswords for over 1g in the last year, while the crafting cost was less than 40 silver.

Wanze.8410:

cmud.5689:

You need to be careful though, a lot of stuff listened on the TP / spidy is completely unsellable for the prices you will see. For example, expecting that someone will pay 1+ gold for Sentinel’s Mithril Shield is just lol.
cheers.

I sold thousands of crafted rare lvl 80 sentinel greatswords for over 1g in the last year, while the crafting cost was less than 40 silver.

I meant the ‘’blue" sentil shield. Do you mean the sentinel’s rare version of the greatsword? I can see that, but the blue one? And if yes, how long was the sell order pending? thnx

cmud.5689:

Wanze.8410:

cmud.5689:

You need to be careful though, a lot of stuff listened on the TP / spidy is completely unsellable for the prices you will see. For example, expecting that someone will pay 1+ gold for Sentinel’s Mithril Shield is just lol.
cheers.

I sold thousands of crafted rare lvl 80 sentinel greatswords for over 1g in the last year, while the crafting cost was less than 40 silver.

I meant the ‘’blue" sentil shield. Do you mean the sentinel’s rare version of the greatsword? I can see that, but the blue one? And if yes, how long was the sell order pending? thnx

Just post it and see check it out for yourself.

Buy 1) Things that have a large supply now, which will be cut off at a later date.

2) Things that have a lower demand now, which will have a higher demand at a later date.

3) Things that may rise in the future, that have a buy price close to vendor price (aka no downside risk).

Buying stuff that is very cheap can be a good long term investment plan, since you can’t lose much as there isn’t any room for it to fall (your losses will stem from listing fees).

Every once in a while, they decide to clean out the oversupply that is driving the value down so far and the demand spikes.

Obviously these things are going to be occupying inventory space, so if you have more profitable ventures going and need the space for those items don’t do this.

I would suggest investing in about 2 stacks of these Exquisite Chrysocola Jewel if you can get them, with jewel crafting going up to 500 these are selling for about 1/3 of the price it costs to craft them.
http://www.gw2spidy.com/recipe/3461

Infamous Darkness.3284:

I would suggest investing in about 2 stacks of these Exquisite Chrysocola Jewel if you can get them, with jewel crafting going up to 500 these are selling for about 1/3 of the price it costs to craft them.
http://www.gw2spidy.com/recipe/3461

Total segue from the post but I wanted to thank you for this…..I have a build that is going to use them!

Infamous Darkness.3284:

I would suggest investing in about 2 stacks of these Exquisite Chrysocola Jewel if you can get them, with jewel crafting going up to 500 these are selling for about 1/3 of the price it costs to craft them.
http://www.gw2spidy.com/recipe/3461

There is still about 5k posted at 15.47s but once that wall is down, price will rise fast.

Wanze.8410:

Infamous Darkness.3284:

I would suggest investing in about 2 stacks of these Exquisite Chrysocola Jewel if you can get them, with jewel crafting going up to 500 these are selling for about 1/3 of the price it costs to craft them.
http://www.gw2spidy.com/recipe/3461

There is still about 5k posted at 15.47s but once that wall is down, price will rise fast.

Yep, the wall is gone and they’re already 29s.

500 cooking is coming, stock up on butter and meats now.

Ken DeBoer.9268:

500 cooking is coming, stock up on butter and meats now.

Good call. Meats are currently dirt cheap, so the potential of losing money on that speculation is small. Just be aware that you will be using a lot of inventory for storage on what will likely be a low profit investment, so only do this if you don’t have the capital to invest in better options.

Flissy.4093:

Wanze.8410:

Infamous Darkness.3284:

I would suggest investing in about 2 stacks of these Exquisite Chrysocola Jewel if you can get them, with jewel crafting going up to 500 these are selling for about 1/3 of the price it costs to craft them.
http://www.gw2spidy.com/recipe/3461

There is still about 5k posted at 15.47s but once that wall is down, price will rise fast.

Yep, the wall is gone and they’re already 29s.

Yeah. just saw that too. Fine by me as i bought 15 stacks while they were under 10s and salvaged another couple of stacks.

Wanze.8410:

Flissy.4093:

Wanze.8410:

Infamous Darkness.3284:

I would suggest investing in about 2 stacks of these Exquisite Chrysocola Jewel if you can get them, with jewel crafting going up to 500 these are selling for about 1/3 of the price it costs to craft them.
http://www.gw2spidy.com/recipe/3461

There is still about 5k posted at 15.47s but once that wall is down, price will rise fast.

Yep, the wall is gone and they’re already 29s.

Yeah. just saw that too. Fine by me as i bought 15 stacks while they were under 10s and salvaged another couple of stacks.

Darn, I only have about 350