Tips on acquiring gold for new player?

Tips on acquiring gold for new player?

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Posted by: Eric.6109

Eric.6109

I have tried the true and tested method of “buy nothing until at lvl cap” and “sell everything you can”.

So those tips + gathering (which I did ) netted me only 28G. Sure, materials I needed for my own crafting I didn’t sell, but I feel it’s going to take me a long time to be a true gold hoarder :P
So any tips for a new guy? Something the Black lion chest gives nice stuff that I can make a “huge” profit (omg omg omg I can sell this for 40S coins!!!!11111) but that’s not really a way to get there.

I’m not looking to “grey marked” or anything just the legit methods (again, new so not very familiar). Are there instances that reward you with gold or such other events? Are there daily quests you can repeatedly do and get like 50S or 1G for them?

a.net: I will not be buying gems with cash until you fix traits.

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

Run Dungeons, Fractals, and World Bosses. Those can give a Gold and up per run, plus whatever drops you may get. You have too little Gold to attempt any meaningful flipping on the TP.

In GW2, Trading Post plays you!

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Posted by: Zaxares.5419

Zaxares.5419

I make my money through a combination of farming (I do a lot of harvesting), knowing what items are valuable to salvage/sell (this will come through experience), and perhaps most importantly of all, simply not spending a lot. Whenever I have to buy something, I always do a bit of research to see if the item I need can be acquired more cheaply from elsewhere, such as through karma, Badges of Honor etc.

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Posted by: Illconceived Was Na.9781

Illconceived Was Na.9781

Sell off whatever new items you get on the first day or so after a release. Prices are almost always at a premium for 1-2 days to sometimes a week or two, but almost inevitable fall substantially. For example, Foxfire Clusters are still selling for 1g (down from 8g or more iirc), but there appears to be pressure to drop further.

And the most efficient way to acquire gold is…spend less. Use the TP, put in custom offers (instead of taking the insta-buy or insta-sell options), and only buy stuff you really need or want. e.g. when leveling a new character, I only spend on new armor every 15-20 levels — it’s cheaper and that also means I spend less time managing my inventory and more time actually playing.

John Smith: “you should kill monsters, because killing monsters is awesome.”

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Posted by: SkyFallsInThunder.8257

SkyFallsInThunder.8257

Run dungeons. Each path gets you at least 1.3g+tokens+drops. Some of them are really fast, like CoF 1, SE 1 and 3, AC 1 and 3.

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Posted by: Eric.6109

Eric.6109

Thanks for the info!

a.net: I will not be buying gems with cash until you fix traits.

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Posted by: Cakemeister.5792

Cakemeister.5792

I purchase 100 bolts of silk, 20 bolts of wool, 10 bolts of cotton, and 20 bolts of linen per day and make a bolt of damask out of it. It profits about 3 gold per day with no time commitment or dungeon grinding.

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Posted by: Goatjugsoup.8637

Goatjugsoup.8637

do the daily every day and the monthly every month and you can buy unidentified dye to sell for 25-35s with your laurels (not sure if thats the best way to monetise laurels or not), certain event items you can get will become more valuable the further away from the event we get (ellen kiel representation button is selling for 2g+ these days).

make sure when you are farming to use a food item that gives magic find

Most wanted in game additions: Beastiary, readable books

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Posted by: Mighty Assasin.3816

Mighty Assasin.3816

Craft Potent Master Tunning Crystals/ Potent Master Maintenance oils/Potent Superior Sharpening Stones.
Required money to start: Recipe + 10g.
Assuming you have 400 crafting which is cheap to get.

Lite
The Prestige [pTg]
Twitch.tv/Lite_lite

(edited by Mighty Assasin.3816)

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Posted by: SkyFallsInThunder.8257

SkyFallsInThunder.8257

do the daily every day and the monthly every month and you can buy unidentified dye to sell for 25-35s with your laurels (not sure if thats the best way to monetise laurels or not), certain event items you can get will become more valuable the further away from the event we get (ellen kiel representation button is selling for 2g+ these days).

make sure when you are farming to use a food item that gives magic find

It is not, you can buy a heavy crafting bag for 1 laurel and that will always give you 3 random t6 mats, so you will get ~1g-1.5g per laurel depending on what mats drop.

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Posted by: thehipone.6812

thehipone.6812

do the daily every day and the monthly every month and you can buy unidentified dye to sell for 25-35s with your laurels (not sure if thats the best way to monetise laurels or not), certain event items you can get will become more valuable the further away from the event we get (ellen kiel representation button is selling for 2g+ these days).

make sure when you are farming to use a food item that gives magic find

It is not, you can buy a heavy crafting bag for 1 laurel and that will always give you 3 random t6 mats, so you will get ~1g-1.5g per laurel depending on what mats drop.

I don’t think that it is best to advise a new player to monetize laurels. Sure, someone who has1k hours and has already geared up may have 100 laurels that they don’t need. A new player should save laurels for ascended gear and ascended recipes. At the very least, they should save them until they have played enough to decide that they do not want to go for ascended gear.

tl:dr – laurels are more valuable than their gold equivalent for a new player.

As for a quick money maker – go to southsun cove from LA. Do the Under new Management jumping puzzle and then run north to Dappled shores looking for blooming passiflora. There are usually 2 in dappled shores. Harvest and sell the passion flowers for 20s/ea. Takes a couple of minutes for 40-50 silver.

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Posted by: Ryan.9387

Ryan.9387

Jack up your magic find and farm t6 mats.

Ranger | Elementalist

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Posted by: Wanze.8410

Wanze.8410

Craft Potent Master Tunning Crystals/ Potent Master Maintenance oils/Potent Superior Sharpening Stones.
Required money to start: Recipe + 10g.
Assuming you have 400 crafting which is cheap to get.

The Oil and Crystal recipes go for 30/50 gold, the stones recipe for 90/240g.

Just saying.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

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Posted by: Romek.4201

Romek.4201

Craft Potent Master Tunning Crystals/ Potent Master Maintenance oils/Potent Superior Sharpening Stones.
Required money to start: Recipe + 10g.
Assuming you have 400 crafting which is cheap to get.

they are not worth to craft – there is no profit and most time you even lose gold

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Posted by: nearlight.3064

nearlight.3064

Learn to solo and sell arah can net you 24 ish gold per hour. You just have to master your class and get good at soloing content.

Necromancer Main
Taking a break from GW2 to play various
Nintendo games..

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Posted by: Mystic.5934

Mystic.5934

Craft Potent Master Tunning Crystals/ Potent Master Maintenance oils/Potent Superior Sharpening Stones.
Required money to start: Recipe + 10g.
Assuming you have 400 crafting which is cheap to get.

they are not worth to craft – there is no profit and most time you even lose gold

they used to be. for a while I was making 2000 a day for 10s each and selling for 20s (140g profit per day)
not the case anymore. not only is that profit margin reduced to -20% to +20%, but you can’t even sell 2000 in a day anymore.

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Posted by: Brother Grimm.5176

Brother Grimm.5176

Wow…some really “questionable” get rich quick schemes in this thread…..

My 2 coppers….DO NOT turn your Laurels into gold….there are plenty of things you will be wanting that REQUIRE them to obtain. I guess once you obtain all those things, selling your Laurels is ok, but not for a new player.

We go out in the world and take our chances
Fate is just the weight of circumstances
That’s the way that lady luck dances

(edited by Brother Grimm.5176)

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Posted by: rabidsmiles.5926

rabidsmiles.5926

Do not touch those laurels until you have gotten all of your ascended trinkets or you will be sorry later on.

Easiest and simplest way to make money in this game is one of three ways:

1. Go to Southsun and find the Karka farming party. 4 silver at least per vet karka killed guaranteed on top of the potent/powerful blood you find.

2. Always, always, always do your complete world boss farm daily. This will get you the rares you need for ectos and sometimes a nice exotic to sell on the TP.

3. Frostgorge Sound champ farm train. This gets you t6 mats to sell if you aren’t working towards a legendary.

Note…do not sell the blues/greens you pick up from bags and looting monsters. You salvage these into their basic crafting materials and sell those. That’s where the profit is. My rule of thumb is if a rare will sell for more than the cost of 1 ecto on the TP, I will sell it there but if not I salvage it. Good luck with the farming, turn on music and just go Karka farm for a few hours and you will see the gold start to come.

if you aren’t level 80 yet, go to Edge of the Mists and hop on the karma train express.