Long term Gold Investing while not playing.
Diversify. Ectos, lodestones, various tiers of crafting mats. Good luck!
I think the safest long-term investment are one-time items (Lost Shores, Halloween, Wintersday).
Aside from that, I don’t believe in long-term investing.
While yes, prices of goods may go up slowly, it can see some drastic prices changes due to changes in the game not related to inflations.
Things like bot bans, new introduction of materials, new introduction for the consumption of materials, etc.
Like Mourningcry said, you have to diversify your investment in order to avoid this risk.
Another point is that I personally don’t believe inflation will continue indefinitely. One of the major gold sinks (TP) in this game scales with inflation. Just another thing to think about.
This is where an investment guild would be great. If you trust ppl. Invest your gold with a guildie that is market savy and can keep a record. Maybe we could do with an NPC investment broker. The E-trade Quaggan.
Like says Ursan, invest in “one-time” ítems, like skins from Lost shores, halloween, etc.
Make a legendar and dont soulbind it.
Legendary counter: Twilight, Bolt, Incinerator, Incinerator Nr. 2, Meteorlogicus, The Dreamer
Like says Ursan, invest in “one-time” ítems, like skins from Lost shores, halloween, etc.
Bear in mind, though, that Halloween stuff is likely to be available in a few months again.
Gems are a safe place to store your gold since it’s in ANet’s best interest to keep the exchange rate sane. I’d be wary of buying items since ANet has purposely made item prices rise or drop. Then again it’s risk vs. reward, if you’re lucky you could buy an item that’s cheap now and skyrockets in price in the future, or you could buy something that drops to vendor price.
One time lost shore skins are a pretty safe bet, as is anything that is close to market price. At the most you lose the 15% TP fee for vendor price items.
I know I had a similar circumstance and I invested my mesley 30g in ancient bones which were at the vendor price when I left. I came back a few months later and sold them for a total of 100g. Too bad I didn’t hang onto them as I could of had 250g at this point.
Gems, Globs of Ectoplasm, Tier 5 & 6 crafting materials, Cores & Lodestones, Mystic Coins, Unidentified Dyes.
I would diversify. Put some money in multiple things that you feel confident in the long term value of. Gems, mystic coins, rare minis, and discontinued skins would be a good start.
Buy up all the chocolate.
No chocolate for the children!
Tarnished Coast [TC]
Near vendor value commodities with extremely high trading volume are your safest bet. One example is elder wood logs. These kinds of items limit your losses to under 20% and should increase in price along with inflation if it were to hit the economy in your time away.
Near vendor value commodities with extremely high trading volume are your safest bet. One example is elder wood logs. These kinds of items limit your losses to under 20% and should increase in price along with inflation if it were to hit the economy in your time away.
This is a point – you have a good solid “cannot possibly go any lower” commodity there, but beware the trading post fee.
any thing you “invest” in on the TP is going to cost you 15% you seem like a nice guy ill do you a deal ill hold on to you cash for only a 5% commision saving you 10% over the TP
Trust me im a guardian
Crystal lodestones.
You’ll thank me later.
Molten Lodestones imo. They’re bound to nerf CoF sooner or later, right?