Guild Wars 2

A couple of months ago, I was really looking into how to make a lot of money on the tp, like most of you here on this forum. I did the usual thing: Youtube, Google, etc. I wanted to be lazy and have someone tell me what markets to buy into, so I subscribed to a blog that gave out specific tips.

A couple of weeks ago, I got an email saying “BUY UP ORICHALCUM ORE” for “JEWELCRAFTING 500”, with some mathematical reason how there’d only be a very limited amount, and prices would go through the roof, and pointed to the “evidence” that orichalcum had recently gone above 6 silver a piece. “Rockin’!”, I said to myself, “This is exactly what I’m looking for!!!” I bought up 5-6 stacks of orichalcum, and even told some of my dungeon forum buddies to do the same.

Update comes: Nope.
Next one: Nope.
LS Season 2: Nope.

Orichalcum goes down, and I’m still sitting on stacks that I purchased at a bit over 6 silver. Crap.

Moral of the story: If you ask someone what markets to buy into and they tell you, they’re most likely manipulating you. Do your own research. Watch vedordra’s stream. gw2tp.net. Microsoft Excel. Eggbaron.

Don’t ask specific questions, because you might get specific answers, and you’re almost guaranteed to lose money.

That’s why I discount all sites that offer TP investing advice, even if free. It’s more likely a pump and dump scheme for players looking to sell their supply to those “investing” for the “payday” in the future. Even if it comes in 6 months down the line these “advisers” can still claim the were right on the front page of their site or in their podcast.

indeed; market trading is not a lazy man’s game.
btw: I have a few dozen stacks of ori ingots I’m saving for jewelry 500. I didn’t expect it to be a quick turnaround when I bought it, and it doesn’t take up any bank space being stored on my sell listings, so not much problem waiting for it to be profitable. Also have some silver, gold, and platinum with the same theory. I wouldn’t recommend investing the majority of your gold into any one thing. Leave yourself something to invest in other things while waiting on long investments to mature.

TP investing is OP and should be stopped…at least according to here….https://forum-en.gw2archive.eu/forum/game/bltc/Traidingpost-Flipping-should-be-stopped/page/7#post4168609

You have to really analyze the graphs set out; aside from a graph telling you what price is placed on the selling item, you also have to take account for how much supply and demand there is…just a hint, you don’t need to take my advice.

The best things you can get online are spreadsheets and graphs.

i hope 10 gold lost isn’t harsh for you.

I dont’ think it is a terrible investment. and you really only lost less than 10 gold

It’s not the amount, as I’ve made it up in other investments/flipping, it’s just the moral of it for me. I don’t want anyone to get manipulated is all.

Maybe…. but jewelcrafting isn’t here either. Maybe you should wait for jewelcrafting to come out and then see what happens to orichalcum. I don’t think it’s that massive as that the supply will run dry, but it could definitely go up a few extra silver IF jewelcrafting is appealing to the players and it requires a lot of it.

You can’t really blame anyone for speculating in a market though. Speculating is speculating, no investment is a sure fire thing. The TP will eat you up and spit you out if you let it. The TP is unforgiving. The TP feels no remorse.

It’s the same reason I don’t trust anyone who offers stock market tips for a fee. My reasoning is “if your tips are so darn effective, why don’t YOU use it yourself and earn the big bucks on it?”

In any case, buying up Orichalcum for 500 Jeweler is a mistake. The REAL demand will be for Silver, Gold and Platinum, judging by the Xunlai Electrum Ingots. Look at what happened to Gossamer/Silk as an example for people investing in the wrong item.

oricalcum would only be used for 400-500 anyway and im sure that with the current supply and stocks that players hold themselves is enough to support it, youd be better off with crystals/orbs

RedCobra.7693:

(…) youd be better off with crystals/orbs

Waiting for Vol to post his screenshot again lol.

Rouven.7409:

RedCobra.7693:

(…) youd be better off with crystals/orbs

Waiting for Vol to post his screenshot again lol.

yeah xD, ive seen that before, i think it was only around 500g in total though, its pretty safe when i bough mine as they were scraping vendor price