Guild Wars 2

Just champ farm all day is the best way?

if make = “create new”, then champ farm is currently the best way (also, there’s a short list of dungeons that give more per hour that you can do once per day, such as CoF and SE and Arah). around 5-10g/hour

if make = “get more”, then TP trading is the best way. This method usually just multiplies your current wealth. Profit is measured in percent, not amount. So when I say I made a 200g profit last night from 1 hour of trading, I only made that much because I invested 2,000g and got back 2,200g. There are many ways to make a profit on the TP – buy low/sell high (flip), salvage, craft, rng. Just be very selective about what you pick, as the majority of things in that category are losing investments. You’d need to learn to identify which ones aren’t, then do it. A couple examples:
flip: Buy order Azurite Orichalcum Amulet of the Sentinel for 26g, then sell listing it for 18g. after tax = 4g profit (15%)
salvage: buy any level 68+ rare for less than 20s, salvage with Master Salvage Kit, sell the ectos. 35s ecto * 0.9 * 0.85 – 0.61 kit = 26.16s max price to pay per rare; the less you pay for it, the higher the profit. 20s = 6s profit (30%)
craft: buy some incandescent dust and craft Quality Tuning Crystals. costs 1.4s each, sells for 2s each = 30c profit each. This one, I happen to know you can make like 2,000 of them and they’ll sell within an hour = 6g profit (21%).
rng: buy thousands of major sigils at 2s each, throw them in the Mystic Forge, sell any superior sigils that come out. Superior sigils will sell for an average of ~60s. 20% chance of getting superior from major. 4 sigils each try. = 20 major sigils per superior. 60s / 20 = 3s. So if 3s is your break-even, then 2s will give you 1s profit per major you buy. If you buy 10,000 of them, that’s 100g profit (on average). Trouble is that 10,000 sigils takes a long time to throw into the MF – probably around 4 hours, and profits are not guaranteed – you only expect to get a profit on average, so there will be times where you get almost nothing, and times where you get 3 superior sigils of fire in a row.

I dip my hand into all of these TP methods. But that gets really boring. I usually do about an hour or two of that, then play any part of the game I want. The only time I champ farm is when I get carried away and invest 100% of my bank by accident or because I feel silly, then I have to run from LA to queensdale.

So for a newbie like me I should just keep champ farm until I got a good amount of wealth?

I’m at 460g atm

Butter.3024:

So for a newbie like me I should just keep champ farm until I got a good amount of wealth?

I’m at 460g atm

is 460g not a good amount of wealth?

I just sold off my collectibles and I am very satisfied sitting at around 60g, lol.

Scrambles.2604:

Butter.3024:

So for a newbie like me I should just keep champ farm until I got a good amount of wealth?

I’m at 460g atm

is 460g not a good amount of wealth?

I just sold off my collectibles and I am very satisfied sitting at around 60g, lol.

Well the gentleman above me was saying 2000g only profits in 200g when playing TP so I think I need at least 1000g

460g is more than enough to start playing the market. While the profits are going to be proportional to the time and amount invested, it’s easily enough starting capital to start learning the ropes.

Butter.3024:

So for a newbie like me I should just keep champ farm until I got a good amount of wealth?

I’m at 460g atm

Are you out of your mind? 460g is a huge mass of gold. I never had more than 60 gold… played 1,5k hours.

Fractals lol

Why do you need 1000g? I have 40g and I’m content.

I gather as I play. Use what you need and sell the rest. I don’t try to play the Trading Post as that is just not my thing. I sell all the rares and exotics that drop for me, usually undercutting by a small amount. The most I have had is 910g, but I decided to get my legendary bow (had to buy the precursor and a few mats). As of today, I have 229g.

EDIT: I rarely run dungeons, am level 2 on Fractals. I prefer open world PvE playing solo. I am a Ranger.

Butter.3024:

So for a newbie like me I should just keep champ farm until I got a good amount of wealth?

I’m at 460g atm

460 is plenty of capital, a 2,000g investment making 200g sounds very low ball and risk free it’s easy to turn 2k into 3k it just depends on the material.

The more you have the more you make.

I just sell everything I get on the TP if it’s worth it. 100g per week, no econ major required

KingClash.3186:

Butter.3024:

So for a newbie like me I should just keep champ farm until I got a good amount of wealth?

I’m at 460g atm

460 is plenty of capital, a 2,000g investment making 200g sounds very low ball and risk free it’s easy to turn 2k into 3k it just depends on the material.

10% ROI is not bad with that amount of investment.

The more you have the more you make.

That is not entirely true. And you’re missing what Mystic said at the first. “Percent”.

I can easily turn 10g into 20g, that’s 100% ROI.
But it’s impossible to turn 1000g into 2000g with the same method. The more you have, the less percent of return you get.

The other thing to keep in mind in order to play the TP, is that if it looks like too good of a deal, it probably is…check gw2spidy. I don’t make huge profits, but I play very low risk markets. Even then, I can often turn 15g profit for perhaps a 100g invested. A month ago I started with 140g and now have 260g. Some days are better than others and can be a net loss. In the last 15 hours I moved nearly 40g worth of stock and I expect about 30% profit…so 12g clear profit…while I slept and was at work…not too bad for an hour of effort before going to bed…and it’s Friday, so I expect I will move much more before the day is done. Granted, these aren’t huge profits and one can make more in other areas, but I have kids and don’t have to time to grind dungeons ot fractal for hours on end or farm until my fingers bleed.

Not from lead i can tell you that much .

My Mini Liadri is bugged. Every time I parade her around LA she poops ectos for me. It’s pretty cool.

460g is a lot to work with, especially if you’re new. there are many niches that can give you 50+% return on that.
If you were going to start from scratch, I would recommend starting with crafting. It’s the most straight forward, only requires research. Just find an item that sells for more than the cost to make it and make a bunch of them – be sure to include the 15% tax on listing on the TP. The others are more speculative or random – less guaranteed, need to know more trends, etc. Get creative – the less likely someone is to know about it, the more likely you can make a profit off it.

Everyone else is right: it’s easy to get a high percent return on a low amount. but with large amounts the percent return goes down. Over a weekend, I might get 100g profit from 100g spent, then 200g profit from 400g spent, then 100g profit from 1000g spent. The first is definitely the best, but of course I’m going to do all of them. Having more gold will simply allow you to do more things with it, but the profit vs. spent curve is logarithmic.