[Noob Question]Whats the catch of the TP?
You must pay a fee to list an item. This fee is taken from you regardless if you sell it or not, so if it fails to sell, you lost gold. There’s also a fee again when you sell it. It adds to 15% in total.
In practice, there’s not much of a catch though.
For once you have tasted flight you will walk the earth with your eyes turned skywards,
for there you have been and there you will long to return.
for there you have been and there you will long to return.
Pretty simple: the market is shared between all players, so there is relatively little arbitrage possible. It’s relatively hard to “buy low, sell high” in GW2, because the market has already eaten the gap between the two.
Beyond that, and the fees that are hidden from the prices, no catch. It’s just a healthy, functioning market. Enjoy it.
(I assume that by “making a lot of money” you mean “selling loot”, or salvage-and-sell, both of which do have pretty good returns, even using insta-sell.)
the trading post is SO effective , iv started playing about a year ago but bought the expansion recently and now starting using the trading post , im making a lot of money suddenly, whats the catch?
The catch is you are leveraging questionable decisions made by a fairly sizable portion of players who use the TP. It seems players prefer immediacy than a later but higher payout, so most sell item drops to the highest bidder rather than putting it up for sale themselves. Fear of it taking too long to sell; the posting fee; impatience; not knowing the item’s salvage value; or simply decide the amount they are losing out on by not selling it themselves seems too minor to be bothered. Same logic goes with buying, want now not later for less gold.
That means if someone is willing to pony up the gold for bids, if the price is right; and is willing to wait out on a sale (or salvage and sell off the results) can make money.
We are heroes. This is what we do!
RIP City of Heroes
RIP City of Heroes
No catch, just easy convenience.
The catch is that you are not making a lot of money with TP now. You just weren’t making enough money on free 2 play account.