Guild Wars 2

I have jewel to 400 and I thought I would be able to make money off of it, but it seems like the only way to make money with it is if I gather every single material myself. I do not want to grind for mats all day so I buy my mats off the TP. As of this moment the mats are more expensive then that items I am making. I’ve made some rare and exotic Amulets, But have not gained any profit. I want my main source of income in this game to come from crafting, So can someone please tell me which Profession will be the most profitable one and what I should be making?

None. Its all broken.

check the TP.

there is always a need for MF stuff (opal) and pow/prec stuff.

there’s a need for MF jewelry? how come the price of opal stuff is roughly the same as the other jewels? Last time I checked, except for the useless ones (something with healing I think), power/prec/toughness, power/prec/mf, condi/vit/power(?) and the others were all at around 2.5g /-, while rubies are around 2.9-3g a piece.

Crafting is not for money making currently – everyone is trying to level up, so raw materials are definately worth more than the final products

Logically speaking you could turn a profit off of lv80 exotics in any craft, but you’d need to go out and personally farm almost all of the mats, or at least the expensive ones.

Example, I require 10 scraps of gossamer, 20 gossamer spools, 15 of a T6 ifine craft material, and 5 globs of ecto, just to make the Insignia I want. This doesn’t include the gossamer and orichalcum needed to produce the actual armor piece needed. Were I to buy everything it’d run me well over the few gold I would make selling the finished product.

@Painking Except for selling those materials would net you more of a profit (in most cases)

Ethics.4519:

@Painking Except for selling those materials would net you more of a profit (in most cases)

Exactly, which furthers the point that crafting is not profitable at all atm.

@Painking Sorry can’t use quote on this thread for some reason. I thought you were arguing that crafting is profitable. I guess it can be profitable but not as much as just selling the mats.

The only thing I’ve made money on is farming mats, crafting armor and selling rare level 80 gear. Jewel crafting rares require ecto so it isn’t really viable because ecto is better off used in exotics. Basically you need to level tailor, leather worker, or armor smith to 400. Farm the mats, and make level 80 rares to sell. But you’re only going to be making silver, not gold.

like the above posters said, in this game, crafting doesn’t really make you money. But it is nice to be able to make stuff for yourself and guild members.

I don’t think crafting was meant to be profitable since there are thousands of accounts with each one able to learn all crafting professions, since there are a limited number of recipies any time one someone finds an item that makes a profit the TP will flood with that item making the item lose value. After awhile the only people that will buy the items are people that are too lazy to buy the individual material. This will cause a huge oversupply to a limited market. And since many recipies are learned when you get to a certain level in each disipline everyone will know it. If everyone knows the recipe then there is a large chance of oversupply.

If you are looking for a profit crafting weapons and items with recipies that you have to buy from renown hearts or find the crafting material that is selling the highest and sell to the crafters.

I really don’t see any possible way to make the items you craft a profitable over the long term and the only time they were a profit is when there were few people having lvl 400 which is no longer possible.

I do see one way that crafting could have been somewhat profitable and that is to have characters limited to one of the 8 crafting professions without having the option to switch.

Please dont give away trade secrets.

Ethics.4519:

@Painking Sorry can’t use quote on this thread for some reason. I thought you were arguing that crafting is profitable. I guess it can be profitable but not as much as just selling the mats.

That directly means that crafting is unprofitable. You lose money by crafting materials in items.

@ Maxster False. That directly means that crafting can be profitable, just not as profitable as something else.

Gathering materials and crafting might make you 10s, but gathering materials and selling them might make you 20s.

Both are profitable, one is more profitable.

You only lose money if you buy items that are more expensive than what you sell. You do however lose ‘potential’ money. But if you gather the materials, you’re still gaining more than what you spent, because you only bought gathering supplies.

I completely stopped crafting when I noticed you cannot make any gold with it, it’s better and easier to just sell the materials.

Something must be implemented in crafting that allow people to make gold. There are many ways to do it, and I suggested some years ago, like adding exclusive crafted items that are needed by other disciplines, and make really expensive and time limited to change your disciplines, so people stay with two.

@ Maxster False. That directly means that crafting can be profitable, just not as profitable as something else.

Gathering materials and crafting might make you 10s, but gathering materials and selling them might make you 20s.

Both are profitable, one is more profitable.

You clearly have no idea, what you’re talking about. Gathering is not free.
If you can sell crafted item for 10s, and materials, from which item is crafted, for 20s – you just lose 10s by crafting.
http://en.wikipedia.org/wiki/Opportunity_cost

You only lose money if you buy items that are more expensive than what you sell. You do however lose ‘potential’ money. But if you gather the materials, you’re still gaining more than what you spent, because you only bought gathering supplies.

That is always making me laugh.
You do not lose “potential” money, you’re exchanging your personal time for gathering, which is not free. And lose real game money when you craft.

So, you can sell exact materials, for crafted item, for 20s. Item that is crafted from those exact materials, you can sell for 10s. By crafting it, you’re just lose 10s from gathering profit, and call that 10s “profit from crafting”, when you just lose 10s from gathering, which could bring you 20s. So, we have gathering profit 20s, and crafting profit -10s.

So, back to that item. Cost of exact materials for that item is 20s. By selling that item for 10s – you lose 10s + 1.5s tax, for selling for 15s, you lose 5s + 2.25s tax. By selling it for 20s, you lose just 3 s. And, because of tax, your profit starts when you’re selling over 24s.
Without tax, your profit starts from selling over 20s.

That was a good laugh, thanks.

Crafting is only profitable and efficient for a few people who know what they are doing and only until the player mass finds out where the money is. Once that happens, crafting will become a very inefficient way of making money.

Right now, as I speak, a dedicated crafter can make 5g a day very easily. You can probably still go up to 10g a day if you really do only that, constantly find the good item to make and have almost no competition at the time of your posting. Well, that’s just me anyway and I don’t think I’m that dedicated with only crafting max 2h per day.

The market has been a bit slow this week though, probably the WoW effect.

As far as I’m concerned, crafting is the perfect money maker for a PvP focused player. You just craft, put on TP and PvP until it sells, rinse and repeat.

Wow, you have some seriously wrong misunderstandings of economics. Yes, you are losing the potential of the money. You aren’t actually losing the money, considering you never had it in the first place.

I understand the concept that time is money, however considering nobody is paying me to play guild wars2, my time is as valuable as I choose to make it.

If you want to get technical, which I can tell you’re trying to and that’s cute, you aren’t even thinking about the xp that you gain from crafting. That is also money, however you can’t ‘buy’ straight xp.

Profiting is also considered gaining bonus. You can profit from a mistake, as in you gain knowledge. Some people might just straight enjoy crafting, so they are profiting from the fun of it.

However, back to the original profiting of money (gold, silver, etc.) both are profitable. Just because one action will make you more money than other, doesn’t mean that the first option isn’t profitable. I could go make a pie and sell it for 2 dollars above material and time cost, or I could sell it for 5 dollars above material and time cost. Both will get me a profit, one is more profitable than another.

Wow, you have some seriously wrong misunderstandings of economics. Yes, you are losing the potential of the money. You aren’t actually losing the money, considering you never had it in the first place.

I understand the concept that time is money, however considering nobody is paying me to play guild wars2, my time is as valuable as I choose to make it.

If you want to get technical, which I can tell you’re trying to and that’s cute, you aren’t even thinking about the xp that you gain from crafting. That is also money, however you can’t ‘buy’ straight xp.

Profiting is also considered gaining bonus. You can profit from a mistake, as in you gain knowledge. Some people might just straight enjoy crafting, so they are profiting from the fun of it.

However, back to the original profiting of money (gold, silver, etc.) both are profitable. Just because one action will make you more money than other, doesn’t mean that the first option isn’t profitable. I could go make a pie and sell it for 2 dollars above material and time cost, or I could sell it for 5 dollars above material and time cost. Both will get me a profit, one is more profitable than another.

You really don’t know what are you talking about.
First, read the thread name. It’s about crafting and profit. Specifically, monetary profit.

I understand the concept that time is money, however considering nobody is paying me to play guild wars2, my time is as valuable as I choose to make it.

That’s just demagogy. If you prefer to spend your own time on making negative profit from unprofitable crafting, that does not make crafting profitable. That just demonstrates your failure of understanding basic economics.

Profiting is also considered gaining bonus. You can profit from a mistake, as in you gain knowledge. Some people might just straight enjoy crafting, so they are profiting from the fun of it.

Read thread name. Demagogy won’t help you.

However, back to the original profiting of money (gold, silver, etc.) both are profitable. Just because one action will make you more money than other, doesn’t mean that the first option isn’t profitable. I could go make a pie and sell it for 2 dollars above material and time cost, or I could sell it for 5 dollars above material and time cost. Both will get me a profit, one is more profitable than another.

And that is where you fail.
Gathering is not free. So, when exact materials for crafted item cost 20s, and you’re selling crafted item for 10s, you lose 10s. You’re just selling below material cost, because, for some stupid reason, you believe that gathering is free. Go to Lion’s Arch and ask in map chat for 200 Destroyer Core for free. That will be fun. At least, you won’t get hit in a face, because it’s online game.

Oh, well, you can go to farm and ask to give you a pig for free. Or go to mine, and ask for 1000kg of free coal.

To sum up. Right now selling the materials will generally make you more profit than using them to craft and selling the finished product – particularly when you factor in cost of leveling the tradeskill up.

That is a fact. Whatever your time is worth to you is irrelevant. Regardless of how much you enjoy crafting (and I do enjoy it and am a completionist, so I’m going for all 8 crafts maxed anyways).

Why? It’s is a combination of how the TP works, all characters being able to learn all crafting skills, xp gain through crafting, and GW2 being a new game where many people are leveling up and want to match crafting with character level.

If you want to make gold in a non-combat method in GW2, playing the market by buying/selling is a better bet.

Just wanted to come here and say… Maxster.4521 is right. Gathering is not free, and that time you spent on gathering is of a certain value. Maybe not to you, but to everyone else it is. Cash equivalent assets are cash. So when you changed them to something of less value, you lost money. “Money” is just a represented value of commodities. And when the represented value is less than before, you “lost money”.

Just wanted to come here and say… Maxster.4521 is right. Gathering is not free, and that time you spent on gathering is of a certain value. Maybe not to you, but to everyone else it is. Cash equivalent assets are cash. So when you changed them to something of less value, you lost money. “Money” is just a represented value of commodities. And when the represented value is less than before, you “lost money”.

And that is exactly why Destroyer Core costs 19 silver and copper ore 18 copper. They both have value, measured in time and difficulty( it is a game, you know), but for some unknown reason Ethics.4519 believes that they are free. I’d like to see when someone will give him 200 Destroyer Core for free

Ethic is right and Maxter is right and Rhaj is

The real problem here is that everyone can have all max prof for a relatively low cost.

Here is the thing:

Normally finished goods costs more than the mats used to make but in GW mats are more valuable than finished goods.. why?
because people are getting something more from the mats than the finished
goods. XP and having a Profession (think like paying college tuition, you pay now
to earn later).

Ok so then will someday I be able to make profits (large or small) out of crafting?
It depends, if one finished good has more demand than other and you can craft it
then yes you will make profit (large or small). As it has been correctly pointed out
unless you farm the mats its hard to make a profit. This will settle once everyone
has finished leveling their prof and stop demanding the mats. Once this happens
mat prices will drop. Look at TP basic mats are plummeting! why? most people
are already beyond 75+ in crafting.

So what happens when everyone is a 400 crafter?
Here is where the problem comes to play either everyone maxes out all prof. in
which case buying mats or finished good is indifferent and profit will be really
difficult to make. Or not all prof are covered and you can sell your goods for a
better profit

To the OP as you pointed out “I thought” and “I want” these are things you assumed you were going to be able to do, but not necessary Anet’s intention. Crafting is meant to make you self sufficient for gear not self sufficient for gold, you can make a profit if the conditions are right, but only time will tell.

Cancer.9065:

Ethic is right and Maxter is right and Rhaj is

The real problem here is that everyone can have all max prof for a relatively low cost.

Here is the thing:

Normally finished goods costs more than the mats used to make but in GW mats are more valuable than finished goods.. why?
because people are getting something more from the mats than the finished
goods. XP and having a Profession (think like paying college tuition, you pay now
to earn later).

Real reason is that there is not enough demand for crafted items, because of drop. And somewhat higher demand for crafting materials. And first is more important than second.

Ok so then will someday I be able to make profits (large or small) out of crafting?
It depends, if one finished good has more demand than other and you can craft it
then yes you will make profit (large or small). As it has been correctly pointed out
unless you farm the mats its hard to make a profit. This will settle once everyone
has finished leveling their prof and stop demanding the mats. Once this happens
mat prices will drop. Look at TP basic mats are plummeting! why? most people
are already beyond 75+ in crafting.

Of course, that is completely wrong. Devaluating items you gathered by crafting you gaining negative income.
And crafting will not become profitable, because( mostly) it is a themepark game. Which means that there is constantly diminishing demand for weapons armor and jewelry. It could be somewhat profitable for a short period of time, but real demand comes from new characters, which means constantly levelling new alts or stable influx of new GW2 players.

So what happens when everyone is a 400 crafter?
Here is where the problem comes to play either everyone maxes out all prof. in
which case buying mats or finished good is indifferent and profit will be really
difficult to make. Or not all prof are covered and you can sell your goods for a
better profit

Yeah, when that happens, market will die.

To the OP as you pointed out “I thought” and “I want” these are things you assumed you were going to be able to do, but not necessary Anet’s intention. Crafting is meant to make you self sufficient for gear not self sufficient for gold, you can make a profit if the conditions are right, but only time will tell.

There is no actual reason for unprofitable crafting. And it is made that way by design.
Also, you can not be self sufficient for gear, unless you spend lot of time grinding, or some( or a lot of) money on TP.

Well Maxster, you kinda missed the part about mats being priced more because of high demand for leveling crafting. Once this demands dies down mats and finished good will become indifferent in price (assuming everyone has all prof, otherwise finished goods will have a profit).

Again look at the TP copper is down from 25c+ g to about 20c and still dropping. Nobody needs them to level anymore so prices drop. If everyone has all prof then mats or finished good become indifferent. If not everyone has all prof then a buyer has to look at whether is cheaper to level said prof or buy the item from a craftsman.

What you are doing is comparing what happens while you are leveling a trade against an uncertain future when everyone is already leveled just to try to prove your point.

Leveling your trade is unprofitable just like when you go to college you have to pay to learn your chosen trade, understand this please. You are “devaluating” (as you say) the values of mats to gain XP and a higher level in your trade (don’t dismiss this just to prove your point).

Finally Just because you can’t profit from it doesn’t mean no one is doing it. When +magic find items where in high demand many crafters made a lot of gold simply because not everyone had all crafts (yet) at the correct level.

My opinion is that people are lazy and that not everyone will have all trades maxed out (PvP’ers prob won’t even start one) others will quit before leveling to 400. So I’m taking a risk and leveling a couple of trades which I believe will become profitable with current market tendencies.

Cancer.9065:

Well Maxster, you kinda missed the part about mats being priced more because of high demand for leveling crafting. Once this demands dies down mats and finished good will become indifferent in price (assuming everyone has all prof, otherwise finished goods will have a profit).

No, I did not. It could be somewhat profitable for a short period of time
Also, you seem fail to get that price of crated item determined by demand. So, because that’s a themepark, price for crafted items steadily goes down, for those items, that have actual demand atm. Those items which do not have demand for them, lie in piles on TP with floored price and no buy orders.

Again look at the TP copper is down from 25c+ g to about 20c and still dropping. Nobody needs them to level anymore so prices drop. If everyone has all prof then mats or finished good become indifferent. If not everyone has all prof then a buyer has to look at whether is cheaper to level said prof or buy the item from a craftsman.

And? Crafting still unprofitable, and will be because of no demand(or diminishing demand).

What you are doing is comparing what happens while you are leveling a trade against an uncertain future when everyone is already leveled just to try to prove your point.

Who started to talking about max level and max crafting? Not me. So that quote goes back to you.

Leveling your trade is unprofitable just like when you go to college you have to pay to learn your chosen trade, understand this please. You are “devaluating” (as you say) the values of mats to gain XP and a higher level in your trade (don’t dismiss this just to prove your point).

You just don’t understand what opportunity cost means. Yes, by crafting item from exact materials which costs 20s, and selling it for 10s, you lose 10s.
And XP have nothing to do with that, unless you assume that you will get profit from crafting at 400. Which is possible in some rare cases, and if you have a lot of gold to buy materials. Which you don’t, if you’re not playing market, grinding like crazy or just bought gems from anet with real money.
Also, by that quote, you’re basically admitting, that crafting on level less than 400 is unprofitable. Just as i’m said.

Finally Just because you can’t profit from it doesn’t mean no one is doing it. When +magic find items where in high demand many crafters made a lot of gold simply because not everyone had all crafts (yet) at the correct level.

It just not worth the effort. I’ve made a lot more gold from playing TP.
Also, only items worth crafting – is rares(and some exotic). Which need a lot of money to start crafting for profit. And, their price are slowly falling.

My opinion is that people are lazy and that not everyone will have all trades maxed out (PvP’ers prob won’t even start one) others will quit before leveling to 400. So I’m taking a risk and leveling a couple of trades which I believe will become profitable with current market tendencies.

When you’ll fail at that, I’ll just say “i told you”.
And my point was, 1) gathering is not free 2) crafting unprofitable by design( and if you don’t have any serious money influx, to craft rares and better – crafting is huge money sink) 3) there is no adequate reason for making crafting unprofitable.

OK i skipped through all these walls of texts.

Crafting is not profitable currently.

Crafting will not become profitable in the future (with the exception of crafting the legendary).

Crafting is too easy in this game, everybody could pick up a craft and max it up and craft their own items without much effort.

I know because I have maxed Jewlcrafting, Tailoring, Artificer and Weaponsmith.
As it stands right now, high level crafted items are just too easy to make, because of this most people can craft them thus they are cheap.

If you want to make money, the closest way is to farm for the MATs and sell them in the TP… =(

The answer to this conundrum is simple. The issue with the markets in this game is by design. Item+skill+exp is a worthy reward, but with all players have full and complete access to all the same nodes it drives the cost of rare items down. Also, if you haven’t noticed, GW2 is free2play. Meaning that ArenaNet needs to keep the ability for people to make profit at a minimum, so they will spend Real Life Gold to purchase all of the little extras.