Showing Posts For Achilles.6870:
I’m not 100% sure this is the right forum, but I was wondering:
-Is there a way to get pricing information on items directly from gw2? (as opposed to through gw2spidy)
-Also if using gw2spidy how do you pull a single item’s information (instead of a whole category of them)?
Thanks in advance
We welcome both big and small guilds into our community. Having your guild be a part of BDG is a great way to organize dungeon runs and WvW groups.
One suggestion is don’t invest heavily on the mats that are heavily traded on the trading post like copper ore etc. For one reason it will take for ever and a day to buy and sell the mats since 100,000 other people are also doing it. Also you will make 1 copper profit off each item if your flipping. So basically you’d have to buy like 10,000 ores to make 1g. And by the time you buy and sell them due to the long line up of people 1-2weeks will have past. Thats just my experience..
So if you wanna make profit on the trading post you’ve gotta find some other items to flip other then these common mats that everyone is doing or your screwed.
Edit: I currently have 30g worth of copper ore still waiting to sell on the trading post and it’s been over a week and they still haven’t sold. Just simply cause so many other people are selling at the same price. At this point I really just wanna make my money back, and it feels like a loss if it takes that much time to make 1-2g.
While I can’t speak for copper, Green Wood Logs are a pretty good investment for large amounts of cash. What I mean is that I can only trade about 30-45 of my gold for large margins (30-50% usually). The logs are great becauase I can pour my remaining 80 odd gold into them and get 16% back with little risk. For the logs it only takes about 24-48hrs on average to get the profit from them.
I wouldn’t say its exploiting any more than farming mobs is exploiting. And to your point of the returns. The goal for everyone here (and to a certain extent in real life as well) is to make our gold work for us. Keeping gold in your inventory is akin to keeping cash in the mattress; the value of that currency goes down due to inflation when it could instead be earning you money in the markets/bank. If done correctly you put your money into items for a good return then go do dungeons/farm/craft/etc.
Also not boring for me in the slightest, I’m an econ/finance major and I find playing the TP fun in moderation.
So what I’ve got going right now is about 80% with about a 16% margin after tax that takes about a day to turnover and 20% with widely varying margins but better turnover. All in all I make about 16-20g if I can invest all 100 (I’m keeping about 10 held up for safety/ports/other).
Honestly I don’t know where people get numbers like 50% after taxes for large amounts. I do occasionally see something with a huge margin, but 10 out of 10 times it has little to no movement (i.e. avg sell/buy order <10).
Seems like the only thing reliably making me money is green wood logs so I’ve been buying 100,000 or so of them so I at least make the 16%.
I have a question. Is it viable for me to place buy orders in one session and then sell in another? For example, I spend 30 minutes putting buy orders at night, then after waking up, I collect those buy orders and let them sell throughout the day. Or do the prices change too much to make this viable?
It depends what your buying; something that has high supply/demand and is very stable like say green wood logs will not change. But if you find something with greater than say 30% margin (rare) than you will want to sell asap before that goes away.
What I’m doing right now
Is investing about 80% of my gold into items that will get me 15%-20% margin after taxes then taking the other 20% and putting it into stuff that gets about the same margin, but with a much quicker turnover so I sell that asap.
No one in there right mind will tell you there best way to make money because the less people know the more money you can make from it .. Just a tip though Gw2spidy.com look at the treads and supply to demand if you have enough money then flip the TP until then good luck ..
Yeah I’ve been going through gw2spidy.com and have been watching for trends, just too bad I started investing after the huge shortage T6 crafting mats. Biggest issue for me is gauging how much each market can take in terms of sell orders. Some are stable and I can dump a few stacks into safely, a few of them I’ve dumped in 200 units or so and triggered a wave of undercutting.
I suggest (if you are intent on spending the 100$ in GW2) saving it until Anet has a sale to get the most bang-for-your-buck. They sometimes make things 50-80% off.
Like the title says I have about 100g I’ve built up and I’ve begun trading. Taking the advice on this forum I have been able to get about 10% returns on average over a day or two. Problem is I’m really only using 20g-25g out of my 100g so I’m only making about 2.5 or so a day using this method and I’m spending about an hr or so listing, etc. In an attempt to make a better profit I bought a few bigger ticket items that should get me 30% returns, but I’m worried these wont sell as well.
What is the best way to make good returns on the TP with 100g? And following that what are good returns? 15%/day 15%/week?
Sorry I meant Superior runes in the last line.
Yeah Citadel of Flame is great for getting Berserker stat exotics. You can get 2 runs done in an average of 20-25 mins per run (faster if you are guild running) (I don’t recommend P3, even with communication is averages 45 mins alone). Doing that will get you a full set in about 7-10 days of running twice a day and you will get enough gold for the exotics you want along the way.
Thanks for the advice.
The mats sold pretty quick, but as you said they were low yield; 5% on 2g isn’t much. My inscriptions have a higher margin and are more expensive, but I have been having trouble selling them. I think I’ll go try t6 fine mats as you suggested tonight/tomorrow.
I just today started trading for profit after watching and reading many guides. I just have a few question about it.
I started by putting out orders for 10 stacks each of copper, silver, iron, and green wood logs. Then I put some orders out for some inscriptions (20 mith beserker, 20 mith carrion). I’m trying to get a feel for what sells right now and where I should focus my attention. In all I put about 25 out of my 75 total gold into this. With the mats I have a 5% margin (taking into account tax) and the inscriptions I have about 50%. From what I can tell mats are safer investments while the inscriptions are aggressive/risky.
Questions:
-How long should I wait on these orders, I’ve heard anywhere from 24-48 hrs generally?
-Should I dump all my cash into a diversified group of AH investments (I’m thinking 90% safe mats 10% risky items)?
-The above would likely net me 5-10% returns, is this low (and safe) or high (and risky) or am I being dumb (i.e low and risky)?
-A little unrelated question, would it be wise to buy out small groups of named exotics and resell at a higher price (say 20% taking into account taxes), or is there not much movement there?
Thank you in advance if you can answer my questions
I just finished my Quiver of Swift Flight and I was wondering if anyone knew if when you do an item infusion through the mystic forge (to make a Quiver of Swift Flight (Infused)) does it keep the slot infusion that is on it?
Also putting in a slot infusion doesn’t stop you from putting it in the MF correct?
From what ive read on the forums and heard in game 11h is only a little on the high side, average seems to be 4-6 hrs, I finally completed it after 6.5
In addition the expected time investment for this puzzle is insane for a single haloween event. Anywhere from 2-9 hrs for one puzzle.
People seem to be confusing difficulty with tediousness. I’m fine with a difficult jp where you have to revise the way you do things and be efficient to complete it. I’m not ok with a tedious jp where you essentially have to get lucky and/or have boosters to complete it.
I don’t think the overall difficulty of the puzzle itself needs to be lowered, the mists need to simply be reworked so that they dont chronically submerge a handful of jumping blocks. I have never seen these blocks not submerged after doing this puzzle for almost 5 hours now.
I agree, this needs to be fixed up asap, a reduction in the mist time would go a long way
Before reading on here I didn’t realize the models were an issue. In my runs the tide was the only thing making this event horrible.
I never really worried about where my model was in the norn/charr blob, he was centered and I knew where i was jumping.
The tide on the other-hand constantly made what could be a fun jumping puzzle, the absolute worst part of this game so far.
The one block that is chronically submerged in the tide is a problem, in addition to the platform you have to jump down to which is always covered with the tide. In 2 hrs of doing this the only thing that’s gotten in the way of this being a good event has been that tide.
If the tide is removed this can be both a fun and challenging event that it should have been from the start.
really? melee range (i was using axes as ranger, so not actual melee) I took very little damage and he was easy. When I ranged him it became 100x harder with his aoes coming after me.
Just finished it, man that guy sucks now. I thought his mechanic was that you had to remain in melee range to beat him, i guess its not or?
There hasn’t, which is why I’m so confused that he changed.
I was wondering if there was a recent change to alpha (today) that I missed. You used to have to be in melee range to fight him effectively, but now even melee range gets targeted by his aoes. Its made my last two runs of this dungeon excruciating, this last run has taken 3 hours so far (im still in it, someone left and we are getting a new person) and have spent 1g+ in repairs.