Many people talking about their biggest losses are suffering some serious myopia. Its like someone who died 3 times fighting tequatl talking about how he lost money(back when there was repair fees), ignoring the fact he won the fight.
Point the op is making, is yes you lose on investments some times, but overall its pretty easy to come out ahead OVERALL. Talking about the time you lost 10 g on sprockets and ignoring the other times you made 100g is foolish.
For those who say, the TP is a net loss, sure maybe for the world, but we know its a net loss for the world, the question is, is it a loss for you as a TP player? Its like someone saying the stock market was a loss because they have to pay broker fees.
Heres the truth, TP is pvp, you take your money from other players, mostly less educated (on tp) or people who dont care. You essentially siphon money from all the players who arent playing the same game as you. Redistributing wealth into your pockets.
I mean its fine, but stop lying to yourself, saying you COULD lose money on the TP if you are foolish, you could lose money waypointing over the map, or leaving dungeon runs due to anger, or failing tequatl/wurm.
Lets be real and honest. The risk on the TP is minimal overall when you have even an inkling what you are doing, for an actual TP player. The risk is extremely great for a non TP player, but they dont know/dont care that they have just lost value, in fact they will often argue with you until you are blue in the face, when you talk about things like opportunity costs, transforming items, waiting, variance, etc.
TLDR, actual TP players lose little to no money, but gain money the overall. Whether the TP is a net loss in value for the economy is totally and completely irrelevant to whether its a net loss for players. TP players essentially suck money out of players who dont know/care to gain wealth.
Is this bad or not? thats up for debate, but dont try to hide with half truths, obfuscations, and double talks.
It depends on what your definition of “high risk” is.
If you are saying that it is not like real life where a stock can lose 100% of its value then sure, the TP does not have anywhere near that amount of risk.
However, the TP has the highest risk compared to EVERYTHING ELSE in GW2. There is no other activity where there is a very real chance to lose 50% or more of your net worth because ANET decided to introduce 100 new skins or add additional nodes.
Sure you can hold on to something and hope that inflation takes the price above what you paid it for. But if you were farming instead, you would have a lot more gold.
If you could have made 100 gold farming champs in 1 month instead of 200 gold in 3 months investing, when the precursor you want doubled in price, which decision would have saved you more time and gotten you what you want faster?
The risk on the TP is minimal overall when you have even an inkling what you are doing, for an actual TP player.
It sounds like you are saying “the risk on the stock market is minimal overall when you have even an inkling of what you are doing, for an actual stock market investor like Warren Buffet”.
Isn’t it reasonable that the best investors have a much lower risk? So what is your definition of an “actual” TP player?
If you ask me, most people who try to play the TP are “actual” TP players. Just because most of them lose money or barely beat out inflation hardly disqualifies them as TP players.
One of my investment turned out bad, and I might loss thousand of gold on it. But through my GW2 life. I probably made 4000 gold from TP. Lossing 1000 gold and gaining 4000 gold don’t mean it’s high risk.
Tell me, what other part of GW2 can you potentially lose 1000 gold? Most players don’t even have 1000 gold.
(edited by Gewd.8125)