Guild Wars 2

I’m not sure if this has been mentioned before, I’ve gone through a few pages and have not noticed anything. Is there a Trader’s Guild that someone runs/operates? Basically a guild for people to get together and discuss trading strategies/tactics like you do on the forums here but in game?

CountzuCrytus.7256:

I’m not sure if this has been mentioned before, I’ve gone through a few pages and have not noticed anything. Is there a Trader’s Guild that someone runs/operates? Basically a guild for people to get together and discuss trading strategies/tactics like you do on the forums here but in game?

There are. I personally have one and i am sure there are many others. I made mine because i realized that i make more profit than anybody else in my guild and had fun doing it. I got investments of 100g each of my guild members to trade with and pay out profits every 2 weeks. Before that, guildies always whispered me to get some info on what to invest in which resulted in guildies outbidding themselves. While i hold their capital, i have the choice to invrest into whatever market i see fit without having to tell anybody about it and being bid out. I just give them an ROI (Return of Interest) every 1 or 2 weeks and they are happy because they dont have to spend any time on the tp to earn gold.

However, before you ask to let you join, let me say NO!
I get many whispers in game because of my activity on the forums and this service is just to members of my main guild. I got many mails from people who i dont know that actually sent me gold to duplicate but I only ever gave that courtesy to the first one that sent me 50g blind per mail, to honor his faith in me. Since then I receiving countless of mails offering me gold to invest but i declined gold in the thousands and sent it back. I made enough gold on this account to never have to wonder about gold again, so i decided to open up a new account for trading just for my guild. They paid for the new account, 10k gems to set up banks/bag and a transfer as well as goodies (salvage-o-matic, no. 1 gem store item to make profit).
Even in my guild I had to cap investments to 100g, otherwise people would have invested more. In fact, i turned down more than 1000g from random people i never known before.

If you ever do get an opening in this guild, Wanze, let me know.

@wanze
A couple questions: How do you not comingle your and their investments? And also, given the limitations of stack and order size, as well as time, how is it possible to make more on a regular basis without spending additional time?

Basically, aside from speculation, I generally find that even with the TP, my limit on how much I can make in a day is based on how much time I spend opening bags,placing orders, crafting, flipping, etc. Quantity of gold is never the limiting factor. So basically, how does your guildies’ gold let you make (them) more money? Isn’t what you are doing just the same thing as tithing to your guild a part of your profits (which is not at all a bad thing, and what I generally do)?

Wanze = Charles Ponzi?

Exchanging ideas is one thing but investing for people takes time and effort on your part. If I am him, I would have asked for a commission, just like they do in real life anyway.

Bunda.2691:

@wanze
A couple questions: How do you not comingle your and their investments? And also, given the limitations of stack and order size, as well as time, how is it possible to make more on a regular basis without spending additional time?

Basically, aside from speculation, I generally find that even with the TP, my limit on how much I can make in a day is based on how much time I spend opening bags,placing orders, crafting, flipping, etc. Quantity of gold is never the limiting factor. So basically, how does your guildies’ gold let you make (them) more money? Isn’t what you are doing just the same thing as tithing to your guild a part of your profits (which is not at all a bad thing, and what I generally do)?

For this project, i simply got a separate account, so i dont mix up personal trading and trading for the guild, there is no other way. You are also right that at some point quantity of gold is not a limiting factor but the time you need to invest it. Placing and udating buy orders, opening bags, salvaging and selling all that stuff takes time, that was the reason i put a cap on how much gold each guild member can put down as initial investment.

Thats why i also favour long term speculation, as it doesnt involve too much daily labour and can yield high profit, as long as you have the storage space. Just buy something now, put it in the vault for 3 months and sell with 1000% profit. That takes up about 2 minutes of gametime overall.

You are also right that i basically just spread my own profits over to the guild. I could just use the time i spend on that account for my own. But i already have enough gold for my own and i do this as a service to my guild (i dont take a commission of in game gold or real money). Compared to my guild members, i have alot of fun playing the tp. Apart from that, i enjoy doing wvw with my guild and this setup enables them to earn gold at a faster pace, without having to spend time farming pve, so we can spend more time in wvw together. That way everybody wins.
Even before i started this, i often disclosed investment opportunites in guild chat but that resulted in 20 guildies outbidding each other and they kept bugging with whispers on when to sell that stuff again. The way its set up now, i just invest their gold to my best knowledge and dont have to compete with buy orders and sell listings of guild members, while the profits get spread out evenly.

is like Trust Funds ^^ this game is really play how you like.
I heared since opening in 2012 ppl who sold some gems then never left main city, always staying arount tp. This is their game, not inrested in anything else, every game have few ppl like this.

Zaxares.5419:

If you ever do get an opening in this guild, Wanze, let me know.

As far as I know, we are currently recruiting. You better kick some kitten in wvw though, as that is our main focus. New members arent eligible for investments, until they have proven their worth.

Bunda.2691:

@wanze
A couple questions: How do you not comingle your and their investments? And also, given the limitations of stack and order size, as well as time, how is it possible to make more on a regular basis without spending additional time?

Basically, aside from speculation, I generally find that even with the TP, my limit on how much I can make in a day is based on how much time I spend opening bags,placing orders, crafting, flipping, etc. Quantity of gold is never the limiting factor. So basically, how does your guildies’ gold let you make (them) more money? Isn’t what you are doing just the same thing as tithing to your guild a part of your profits (which is not at all a bad thing, and what I generally do)?

I was looking for more of a guild to discuss trading strategies, not a broker. I’m not so trusting to give my money to a stranger

Wanze.8410:

Zaxares.5419:

If you ever do get an opening in this guild, Wanze, let me know.

As far as I know, we are currently recruiting. You better kick some kitten in wvw though, as that is our main focus. New members arent eligible for investments, until they have proven their worth.

considering it’s almost impossible to make gold as a WvW’er, no wonder people depend on you as their gold-making scheme!

Actually on our server one of our commanders is so good and popular that he gets donated gold often. A few weeks ago some random person sent him 100G. Went towards his next legendary ;|

CountzuCrytus.7256:

I was looking for more of a guild to discuss trading strategies, not a broker. I’m not so trusting to give my money to a stranger

I have never heard of such a guild.

Wanze is one of two people on this forum who I’d:

A) Trust to send 100g to on the notion of investing in future returns.
B) Trust to actually make any money with my investment.

That said, I certainly wouldn’t join an actual other guild for it, would never move to an EU server for something like this, and am certainly not going to send money to him without his pre-approval or whatever. Basically, thanks but no thanks.

Ultimately, OP, just find some friends who TP frequently and chat with them about it. I highly doubt that guilds exist who discuss things like it too frequently if only because then they would be bidding against each other and ruining each other’s investments. My best money-making schemes are the ones I don’t tell my guild about until after I’ve made hundreds of gold off of them.

Rising Dusk.2408:

Wanze is one of two people on this forum who I’d:

A) Trust to send 100g to on the notion of investing in future returns.
B) Trust to actually make any money with my investment.

That said, I certainly wouldn’t join an actual other guild for it, would never move to an EU server for something like this, and am certainly not going to send money to him without his pre-approval or whatever. Basically, thanks but no thanks.

Ultimately, OP, just find some friends who TP frequently and chat with them about it. I highly doubt that guilds exist who discuss things like it too frequently if only because then they would be bidding against each other and ruining each other’s investments. My best money-making schemes are the ones I don’t tell my guild about until after I’ve made hundreds of gold off of them.

I’m not doubting his ability to turn a profit or his trustworthiness but me giving money to a “broker” doesn’t help me get better at the trade in any way. Sure it gets me money, but what’s the point if I can’t do it myself? Know what I mean?

Rising Dusk.2408:

Ultimately, OP, just find some friends who TP frequently and chat with them about it. I highly doubt that guilds exist who discuss things like it too frequently if only because then they would be bidding against each other and ruining each other’s investments. My best money-making schemes are the ones I don’t tell my guild about until after I’ve made hundreds of gold off of them.

That can be prevented if they have more than one way of investing. There are many ways of earning gold at any one time. Unfortunately most people are too afraid of competition to share.

CountzuCrytus.7256:

Rising Dusk.2408:

Wanze is one of two people on this forum who I’d:

A) Trust to send 100g to on the notion of investing in future returns.
B) Trust to actually make any money with my investment.

That said, I certainly wouldn’t join an actual other guild for it, would never move to an EU server for something like this, and am certainly not going to send money to him without his pre-approval or whatever. Basically, thanks but no thanks.

Ultimately, OP, just find some friends who TP frequently and chat with them about it. I highly doubt that guilds exist who discuss things like it too frequently if only because then they would be bidding against each other and ruining each other’s investments. My best money-making schemes are the ones I don’t tell my guild about until after I’ve made hundreds of gold off of them.

I’m not doubting his ability to turn a profit or his trustworthiness but me giving money to a “broker” doesn’t help me get better at the trade in any way. Sure it gets me money, but what’s the point if I can’t do it myself? Know what I mean?

Just like in real life, brokers handle your funds since they have fund managers who have it as their day job. While us normal folk can learn the market ourselves and make some money out of it, it’s very time consuming and we simply do not have the wide variety of tools available to maximize our returns.

So people like Wanze can be entrusted with funds because they are knowledgeable about it and consider it their ‘job’. If you are a player that has no patience or time to sit infront of the TP, and would rather dedicate their time to other aspects of the game, then investing your money in others who are willing is the sound thing to do.

Assuming all else, like trustworthiness.

I now picture Wanze as Leonardo DiCaprio, cruising around Tyria on a 175 ft yacht.

DarkSpirit.7046:

Rising Dusk.2408:

Ultimately, OP, just find some friends who TP frequently and chat with them about it. I highly doubt that guilds exist who discuss things like it too frequently if only because then they would be bidding against each other and ruining each other’s investments. My best money-making schemes are the ones I don’t tell my guild about until after I’ve made hundreds of gold off of them.

That can be prevented if they have more than one way of investing. There are many ways of earning gold at any one time. Unfortunately most people are too afraid of competition to share.

Well, that fear is valid. Sharing creates competition, and why make it harder on yourself to make money? Sure they could discuss different things besides what they’re working on, but… It sounds more like the guild would be used by hawks trying to get into other peoples’ secret markets. Just doesn’t sound like a good guild to me. :P

Rising Dusk.2408:

Well, that fear is valid. Sharing creates competition, and why make it harder on yourself to make money? Sure they could discuss different things besides what they’re working on, but… It sounds more like the guild would be used by hawks trying to get into other peoples’ secret markets. Just doesn’t sound like a good guild to me. :P

That is why, as always, you should vet the people who want to join and only let them into the inner circle of privileges when they have slowly earned your trust and contributed to the guild.

No offense but Wanze’s guild doesn’t sound like a trader’s guild at all, more like a WvW guild with 1 trader. The OP is looking for like-minded people who are traders and who have come together to form a guild. They may even invest in different areas and work together for a common interest instead of stepping on one another’s toes while investing for themselves. If done correctly, the guild can be very powerful and even own several markets in the economy.

DarkSpirit.7046:

Rising Dusk.2408:

Well, that fear is valid. Sharing creates competition, and why make it harder on yourself to make money? Sure they could discuss different things besides what they’re working on, but… It sounds more like the guild would be used by hawks trying to get into other peoples’ secret markets. Just doesn’t sound like a good guild to me. :P

That is why, as always, you should vet the people who want to join and only let them into the inner circle of privileges when they have slowly earned your trust and contributed to the guild.

No offense but Wanze’s guild doesn’t sound like a trader’s guild at all, more like a WvW guild with 1 trader. The OP is looking for like-minded people who are traders and who have come together to form a guild. They may even invest in different areas and work together for a common interest instead of stepping on one another’s toes while investing for themselves. If done correctly, the guild can be very powerful and even own several markets in the economy.

Exactly

DarkSpirit.7046:

That is why, as always, you should vet the people who want to join and only let them into the inner circle of privileges when they have slowly earned your trust and contributed to the guild.

No offense but Wanze’s guild doesn’t sound like a trader’s guild at all, more like a WvW guild with 1 trader. The OP is looking for like-minded people who are traders and who have come together to form a guild. They may even invest in different areas and work together for a common interest instead of stepping on one another’s toes while investing for themselves. If done correctly, the guild can be very powerful and even own several markets in the economy.

It’s easy to say that, but it’s actually really hard in practice to not only BE the kind of person you describe, but to also find others who are like that, who you trust, who you’re simultaneously friends with… With all of the requirements as you specified, it sounds like a utopian guild I fear does not exist. Maybe a few do here and there with 4-8 people in them, but surely they aren’t recruiting people like the OP haphazardly, and wouldn’t advertise themselves open for admission in the first place.

I don’t know, sounds like an exclusive country club for old men to me… It’d be awesome to be in it, but impossible to get in it. Good luck to the OP, though.

Rising Dusk.2408:

It’s easy to say that, but it’s actually really hard in practice to not only BE the kind of person you describe, but to also find others who are like that, who you trust, who you’re simultaneously friends with… With all of the requirements as you specified, it sounds like a utopian guild I fear does not exist. Maybe a few do here and there with 4-8 people in them, but surely they aren’t recruiting people like the OP haphazardly, and wouldn’t advertise themselves open for admission in the first place.

I don’t know, sounds like an exclusive country club for old men to me… It’d be awesome to be in it, but impossible to get in it. Good luck to the OP, though.

In the beginning, the guild can advertise to find like-minded individuals, with simple goals to make profits, but when it has grown to the point that it can manipulate the economy, it has to be a highly secretive order, hidden away from the radar of ArenaNet. I won’t be surprised if such orders already exist but you wont see them recruiting out in the open.

Like most organizations in real life, the newbies would have to make sacrifices for the guild more than the other way round to prove their loyalty for a period of time before being admitted into the inner circle.

Now it sounds like a cult. I love it.

Such a guild would be good for speculation and long-term investments. I might be interested.
I’ve briefly considered doing the opposite of what Wanze does – loan gold out to people. As people have said, after a certain point you just can’t fully utilize all the gold you have. The main problem would be getting the reputation required.
“I’ve been involved in a number of cults both as a leader and a follower. You have more fun as a follower but you make more money as a leader.” – Creed Bratton

Probably the best format would just be these forums. Being a newbie to this type of community I’ve already learned a lot just by scouring every post in the BLTC forums. And ideas and market trends are already discussed openly on here among all the regulars but without the need for “special recruitment” since someone that doesn’t know what they doing or aren’t willing to do some research are more likely to lose money than make it with the information that is handed out here. I know I did the first couple times.

CountzuCrytus.7256:

Rising Dusk.2408:

Wanze is one of two people on this forum who I’d:

A) Trust to send 100g to on the notion of investing in future returns.
B) Trust to actually make any money with my investment.

That said, I certainly wouldn’t join an actual other guild for it, would never move to an EU server for something like this, and am certainly not going to send money to him without his pre-approval or whatever. Basically, thanks but no thanks.

Ultimately, OP, just find some friends who TP frequently and chat with them about it. I highly doubt that guilds exist who discuss things like it too frequently if only because then they would be bidding against each other and ruining each other’s investments. My best money-making schemes are the ones I don’t tell my guild about until after I’ve made hundreds of gold off of them.

I’m not doubting his ability to turn a profit or his trustworthiness but me giving money to a “broker” doesn’t help me get better at the trade in any way. Sure it gets me money, but what’s the point if I can’t do it myself? Know what I mean?

For a really and I do mean “really” basic tip do what I do. Before logging into the game, open up the bookmark of Wanze’s recent posts and have a quick gander at what he is asking/being told, put 2 and 2 together (along with your own research) and invest.

I play about 3-5 hours a day weekdays and 2hours per day weekends (if that) I can normally make about an extra 5-50g a week doing this method. Its all about patience, “someone undercut me, what do I do?” answer, don’t worry about it as long as you did your homework on the item you invested in you are almost 100% guaranteed to turn a profit.

As a side note, Wanze I would personally love to be in your guild, not for you to make me money per-se but for the chance to be a fly on the wall to a “live” conversation with you or like minded people. Give me a shout in-game if this is feasible

(Disclaimer, I’m not good at flipping the tp I actually think its more dumb luck than anything so the method i posted here might not work for some people)

Wanze.8410:

Zaxares.5419:

If you ever do get an opening in this guild, Wanze, let me know.

As far as I know, we are currently recruiting. You better kick some kitten in wvw though, as that is our main focus. New members arent eligible for investments, until they have proven their worth.

Ahh, so it’s a WvW guild? Guess I’ll have to bow out then. WvW (and PvP) aren’t big focuses of mine. (Right now I’m only taking part in WvW as much as I need to get the achievements. Once that’s done I’m heading back to PvE.) I thought this was more like a pure investment/trading guild.

It takes a pretty gold greedy person to want enough money to consider a guild. What then? Who invests first and sells first? Everyone can screw over eachother for a profit.

Better to be unknown and wealthy than to have a guild risking your wealth or people spamming you pms about ‘how to play tp?’. I don’t want to explain and I don’t want them playing the TP.

Ryan.9387:

It takes a pretty gold greedy person to want enough money to consider a guild. What then? Who invests first and sells first? Everyone can screw over eachother for a profit.

Better to be unknown and wealthy than to have a guild risking your wealth or people spamming you pms about ‘how to play tp?’. I don’t want to explain and I don’t want them playing the TP.

Not that there is anything wrong with a little greed but I don’t see this as helping people make more gold (for the exact reason you said) but as an atmosphere similar to any other guild. A place for like minded people that share common interests to meet, discuss, and play together without having to deal with the hate posts that come into the BLTC forums every time someone feels cheated.

It would mostly be to discuss market trends and debate different long term investments where there would be much smaller impact by competition. Not to share niche gold making strategies and avoiding the issues that Wanze’s guild ran into.

The only thing that I can think of that would be beneficial in terms of group action would be the ability to better manipulate niche markets with pooled resources. And even then, unless coordinated perfectly could lead to someone feeling cheated by making a smaller profit than others.