Profit / Skill Point

Profit / Skill Point

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Posted by: Michael Conrad.6704

Michael Conrad.6704

I’m trying to learn the most effective way to make money in this game and I keep coming back to a ratio called the “profit/skill point”. Is this the amount of money you generate by filling in each of the 10 horizontal bars at the bottom of a given character ?

Thanks in Advance :-)

Profit / Skill Point

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Posted by: Michael Conrad.6704

Michael Conrad.6704

and I forgot to mention, the conventional wisdom is that for something to be “profitable” , it is said that it probably should be at least worth 30-40 silver per skill point.

Profit / Skill Point

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Posted by: Michael Conrad.6704

Michael Conrad.6704

Ok, an important piece of information I left out was the profit I referred to was that to be made from converting T5 to T6 ( or any conversion) materials which costs SP (Philosophers Stones and Crystals) so that is where that ratio comes into play. The usual parameters apply in determining other forms of profit I would imagine.

Profit / Skill Point

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Posted by: Karizee.8076

Karizee.8076

No – profit/skill point is referring to the gold you can make from skill points as currency.

You continue to earn skill points in a number of ways.
http://wiki.guildwars2.com/wiki/Skill_point#Acquisition

And can use them to buy crafting components from Miyani.
http://wiki.guildwars2.com/wiki/Skill_point#Crafting

Those components can be used to make a variety of things, from upgrades to siege blueprints to material promotions to rare weapon skins. Click through on the previous link to see all the recipes for each component.

So say I want to make a cool looking weapon and sell it for profit, something like:
http://wiki.guildwars2.com/wiki/Abyssal_Scepter

The difference between the materials cost and the selling price less TP fees, then divided by the number of skill points required to make the item would be considered the profit per skill point. You are basically selling your experience to other players.

Now I will caution you to watch these markets to make sure you understand them before you go investing a bunch of mats into crafting something, because even though some of those skins have a great profit margin they don’t sell very well. Here’s a great place to look at trading post histories for each item:

https://www.gw2tp.com/

(edited by Karizee.8076)

Profit / Skill Point

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Posted by: Michael Conrad.6704

Michael Conrad.6704

No – profit/skill point is referring to the gold you can make from skill points as currency.

Understood. My phrasing was poor.

Profit / Skill Point

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Posted by: Malediktus.9250

Malediktus.9250

1st person worldwide to reach 35,000 achievement points.