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How to Not Be Broke


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#1 dannymichel

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Posted 31 January 2013 - 01:08 PM

So I'm level 80, and have only managed to save about 1 gold. How in the world do people make money? Guess we have to buy it?

#2 iNko

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Posted 31 January 2013 - 01:19 PM

farm cof p1, farm orr, farm anything actually, as long as u farm a lot ull get some gold.. playing tp gives u a lot of gold, but its crazy complicated and u need to have a good starting budged too.. I suggest if u just hit 80, farm cof p1, ull get ur gear for free there + get some gold too

#3 cyclopsje

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Posted 31 January 2013 - 01:22 PM

Path 1 COF 3 runs makes you a couple off gold if lucky you get a exoctic drop to sell on tp. 3 runs with a speedrun group takes only between 30 and 45 min.

Also complete all high lvl maps 100% you getr money from it and if lucky some exotics to sell on tp or use yourself. The otherday i got a good exotic from completing the map that sold for 8 gold on tp :)

Edited by cyclopsje, 31 January 2013 - 01:24 PM.


#4 Rezo

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Posted 31 January 2013 - 01:39 PM

There are two options if you want to have any cash in GW2.First, you can learn how to play TP and spend majority of your time in game that way.Second, you can find some good places to farm mats and gold and sell mats on TP and spend majority of your time in game just farming.You can also just spend real money in gem store.

#5 Gerroh

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Posted 31 January 2013 - 01:52 PM

Farming is the lowest tier. It's the "blue collar" of GW2. It's easy to do, and anyone could do it, but if you want to make real money(And, you know, not spend 8 hours a day being bored out of your mind) you need to play the TP.

#6 Perm Shadow Form

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Posted 31 January 2013 - 02:01 PM

Grind fractals.

#7 dannymichel

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Posted 31 January 2013 - 06:28 PM

Guess i need to find out what COF, P1, and TP are, and get to work.

#8 Ernest1337

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Posted 31 January 2013 - 06:41 PM

View Postdannymichel, on 31 January 2013 - 06:28 PM, said:

Guess i need to find out what COF, P1, and TP are, and get to work.

Citadel of Flame (COF) a level 70 dungeon http://wiki.guildwar...itadel_of_Flame , P1 aka Path 1 in explorable mode.

TP, Trading Post, Playing the trading post is basically buy low (or place buy orders) and selling high (listing an item for sale)

#9 Lasareth

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Posted 31 January 2013 - 08:02 PM

There's some decent tips on this site, check it out: http://www.guildwars2tradingpost.com/

I wouldn't recommend buying gold at this time, lol

#10 Elysen

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Posted 01 February 2013 - 02:17 AM

View PostGerroh, on 31 January 2013 - 01:52 PM, said:

Farming is the lowest tier. It's the "blue collar" of GW2. It's easy to do, and anyone could do it, but if you want to make real money(And, you know, not spend 8 hours a day being bored out of your mind) you need to play the TP.

Because buying and selling items is fun.

#11 Gerroh

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Posted 01 February 2013 - 02:47 AM

View PostXephenon, on 01 February 2013 - 02:17 AM, said:

Because buying and selling items is fun.

Farming is far too boring to me. I play the TP for 15-20 minutes at a time and that gives me the remaining 23.66-23.75 hours to do whatever I want.

(Edit: I forgot I don't live on Mars. 24-hour days, Gerroh, 24-hour days!)

Edited by Gerroh, 01 February 2013 - 09:15 AM.


#12 Gunuin

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Posted 01 February 2013 - 05:52 AM

View PostXephenon, on 01 February 2013 - 02:17 AM, said:

Because buying and selling items is fun.
I actually have fun doing it, the thrill of interacting in real time with people across the world.  And it doesn't have to take a lot of time.

I check my orders about twice a day on average, for about 10-20 minutes each time.  I have one character set up near a Black Lion TP (Trading Post) and hopefully a bank (so that I can buy items and leave them for my main), that way I can use that character to primarily trade with.  I log into that character before I start playing, check my orders, collect items I have bought from buy orders, put them up for sale, reset my buy orders that have been out bid.

Then I log into my main character and play for however long, an hour or two.  Then before I log out for the day (or for that particular session) I switch back to my trading character and check orders again.  Wash, rinse, and repeat.

I would bet that only checking the market once a day, or even every other day, for 15 minutes, you could make a decent amount.  I would just be careful leaving up buy orders for too long (more than a week) without checking on the price of the item, because item pricing fluctuates a lot in this market.  You could hit it big with a few items, but you could also be stuck with items that you bought for more than they currently sell for.

OP (Original Poster), Good luck!

View PostGerroh, on 01 February 2013 - 02:47 AM, said:

Farming is far too boring to me. I play the TP for 15-20 minutes at a time and that gives me the remaining 24.66-24.75 hours to do whatever I want.

Can you let me know how I can get a 25th hour out of my day?  I would love it!

#13 talliwackr

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Posted 01 February 2013 - 06:13 AM

View PostGunuin, on 01 February 2013 - 05:52 AM, said:

View PostGerroh, on 01 February 2013 - 02:47 AM, said:

Farming is far too boring to me. I play the TP for 15-20 minutes at a time and that gives me the remaining 24.66-24.75 hours to do whatever I want.


Can you let me know how I can get a 25th hour out of my day?  I would love it!

More so -- how do you even play without sleep?

#14 Shiren

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Posted 01 February 2013 - 06:57 AM

View PostXephenon, on 01 February 2013 - 02:17 AM, said:

Because buying and selling items is fun.

I agree with you that playing the TP is not enjoyable. There is hope though, the best items in the game are not obtainable through gold. You need to earn them yourself (either through dailies, or through FotM) so if we're lucky, we might see ArenaNet put more and more emphasis on actually earning your equipment by playing the game (all ascended gear atm, dungeon sets) rather than playing the trading post (basically every other item in the game). The less value and influence gold is given, the better for game.

#15 Gerroh

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Posted 01 February 2013 - 09:15 AM

View PostGunuin, on 01 February 2013 - 05:52 AM, said:

Can you let me know how I can get a 25th hour out of my day?  I would love it!

Well the best way to go about it is forgetting to turn your brain on before you post on forums.

#16 Daenerys

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Posted 01 February 2013 - 05:27 PM

View PostGerroh, on 31 January 2013 - 01:52 PM, said:

Farming is the lowest tier. It's the "blue collar" of GW2. It's easy to do, and anyone could do it, but if you want to make real money(And, you know, not spend 8 hours a day being bored out of your mind) you need to play the TP.
It's the lowest tier, but you can actually make quite a bit of cash out of farming crafting nodes and mobs. It's not the most glorious, but you also need money to make money, and crafting is a good way to get your foot in the door. 3g from mat sales can be spent on the eternal buy low/sell high process.

Questions? Comments? Conversation? Drop me a message!


#17 Marc1k1

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Posted 04 February 2013 - 10:16 PM

View Postdannymichel, on 31 January 2013 - 06:28 PM, said:

Guess i need to find out what COF, P1, and TP are, and get to work.

I'd defiantly recommend you do CoF Path 1+2 rather than just one or the other.

when ever I do it I make around 2-3 Gold for both the runs depending on the drops (I'd also recommend getting some Magic find boosters or some food to increase your chances)

If you had a day that you could spam the dungeon with a reliable group then you could easily make loads of gold in just a day (well at least a hell of lot more than just 2/3 gold)

Good luck with your quest for gold :)

#18 gamblers_luck

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Posted 04 February 2013 - 11:39 PM

Charged loadstones from Sparks Near Shadowdow fain waypoint in cursed shores is profitable atm.

Flipping Dyes on the Tp is fast too, go for mid tier ones and never more than 5-10 at a time, if that.

#19 LFk

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Posted 05 February 2013 - 04:53 AM

Citadel of Flames, Ascalonion Catacombs, and Twilight Arbor are the three dungeons that are widely regarded as easy, and are run frequently.

CoF: Path 1, 2
AC: All paths
TA: Up, F/Up.

Yes, I do agree that farming is the "blue collar" of GW2. The rate of return compared to market trading is very low. Still, I strongly encourage farming - after all, if no one farmed and everyone traded, I'd be working in a pretty stagnant market ;)

#20 matsif

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Posted 06 February 2013 - 01:35 PM

my main source of income in the game is a daily full run of AC and CoF path 1.  It's a relatively easy hour or so spent for around 4-5g, plus tokens for free exotic armor/weapons or chance at ecto salvage from CoF.  Usually my group that I run with in my guild does another dungeon after CoF 1 that changes depending on what dungeons are open when we finish CoF 1 and how everyone feels, usually it's CoF 2, CoE 1, or HotW 1, or sometimes we jump in some fractals depending on the time.  I get around 5-7g/day depending on drop rates and such, and it is nowhere near as boring as sitting at a trading NPC is buying and selling for an hour.

Now 5-7g a day is a drop in the bucket compared to what you could do sitting on the TP for a couple hours flipping.  But to me it is infinitely more fun to run dungeons than sit at a trading NPC for the same amount of time staring at the same window.  I didn't buy the game to pretend I'm a day trader, if I wanted to do that I'd go back to EvE.

#21 Buran_Grey

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Posted 06 February 2013 - 04:22 PM

I usually do Ascalon Catacombs (all paths) and Honor of the Waves (mostly path 1 and 2) dungeons as my main source of incoming goods. Combined with some farm in Malchor/Orr is enough to steadly increase my wealth, in part due the tokens from those dungeons are also very convenient to the builds I run (so I can gear up my characters at 0 cost while gain xp and gold).

#22 Killacam

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Posted 06 February 2013 - 05:23 PM

They have so many easy ways to make money now. just make sure you get the sets of armor you need from dungeons and same with weapons then you won't even have too much to buy. After your sets are in order and you have some legit jewelry the best ways I know are:

Cursed Shore karma grinding, event to event as fast as you can OR cursed shore item grinding which is with a group either at plinx or running Shelter's/Penitent.

Do your daily, everyday. You should get most of them by just playing but before you log off make it a point to finish it. These are very lucrative and have now added laurels.

Easy dungeon farming: AC all paths, Cof p1and p2, Hotw p1 and any others that you deem an easy <= 15 minute runs. It's smart to get 60 tokens and rotate which dungeons you are doing if you don't have alot of time. If you are a grinder you can just keep running p1 cof all day if you want.

FOTM level 10+ is incredibly lucrative and will give you ascended gear to boot. I've gotten 2 named exotics and more rares than I can count running fractals and I'm only at level 12 since I just keep doing 10 once per day.

Now I've noticed that playing my alts I am gaining a shitload of karma by doing hearts... Therefore world completion has become one of the best ways to make money now. Each heart gives 3-500 karma starting at like level 20 now.. I'm at 61 on my guardian and I'm getting 400+ from each one.. Sometimes you can even get an event that is on top of a heart and get a double whammy of exp, karma, and gold.

KARMA = GOLD NOW, If you aren't grinding a legendary and have the armor sets you want from dungeons then ALL your karma can go to those random boxes now which drops tons of shit you can sell on the TP. Don't ask me what because I am going for my 2nd legendary right now and need all the karma I can get. But my guildy says it can be quite lucrative.

The last and MOST lucrative way to make gold is watch the Trading Post. Example: I bought an energizer 2 weeks ago for 42 gold on a buy order. This week it has been 250+ gold and rising because they added footsteps and graphics to The Moot. Lucky me!

Hope these help.

-Killacam

#23 BlaineTog

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Posted 28 February 2013 - 02:16 AM

Map completion is where it's at, man.  If you don't want to farm, just find high-level maps and do everything in them.  A single level 70-80 map can net you about 5 gold in rewards if you get a little lucky, not to mention to gold made in the course of completing all those hearts. It's fun, satisfying, and you often get really awesome loot!

Oh, also, you can sell your materials on the Trading Post.  I casually harvest most things I come across and have like 8 gold in mats without even trying.

#24 RamataKahn

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Posted 26 April 2013 - 12:09 AM

View PostKillacam, on 06 February 2013 - 05:23 PM, said:

KARMA = GOLD NOW, If you aren't grinding a legendary and have the armor sets you want from dungeons then ALL your karma can go to those random boxes now which drops tons of shit you can sell on the TP.

What random boxes?

#25 Daesu

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Posted 26 April 2013 - 12:21 AM

I don't farm, I got my gold mostly by playing the TP and not spending unnecessarily.

#26 Kraviec

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Posted 26 April 2013 - 12:53 PM

View PostRamataKahn, on 26 April 2013 - 12:09 AM, said:

What random boxes?
From Orr karma vendors I think. Lost Orrian Box? Orrian Jewelry Box? Something along those lines. They drop karma, obsi shards, junk and IIRC mats and a mini.

#27 Claw

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Posted 05 August 2013 - 05:39 PM

Citadel of Flame (CoF) P1 runs,
do them in this order and you will make yourself tons of cash
P1>P1>P1> P2 / P3 (reset)>P1>P1>P1> P2 / P3 (reset) >P1>P1>P1> P2 / P3 (reset) >rinse and repeat
I made close to 600 gold by doing this over and over with a pre-made group.
Even if you aren't lucky with the drops you will still get tons of cash out of the bonus / salvage mats.
(recommended setup;  1 Guardian, 1 Mesmer, 3 Warrior (zerker)
That was the setup I used to run with, don't know if anything changed that made it unviable but worth a try.

#28 Chicago Jack

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Posted 16 August 2013 - 11:57 PM

You earn money most efficiently in just two steps!

Step one:

Learn Econometrics.

Step two:

Maximize rate of return, and minimize variance.

---

In all seriousness, keep a personal record on a few hot items that have a "decent" buy/sell spread, and don't put all your eggs in one basket.

Ectos are a good place to start: Trading Post

Outside of active trading, most people farm dungeons for the added gold and the hope of rare drops so they can salvage some ectos from them. It's probably the easiest/safest way to make money with very little thought to it.

Edited by Chicago Jack, 17 August 2013 - 12:49 AM.


#29 Daesu

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Posted 17 August 2013 - 12:44 AM

I would say look closely at Mystic Forge recipes.  Gw2spidy and most other websites only provide crafting recipes and not MF recipes.  Because there are not much accurate information about MF recipes out there, so people do not know much about them, gold comes naturally to those who know if you do your own research.

That is all I am going to say.  ;)

Edited by Daesu, 17 August 2013 - 12:51 AM.


#30 Skyward

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Posted 17 August 2013 - 06:43 PM

View Postdannymichel, on 31 January 2013 - 01:08 PM, said:

So I'm level 80, and have only managed to save about 1 gold. How in the world do people make money? Guess we have to buy it?

Thats weird. Being level 80 you should have enough achievements to have gotten some achievement chests, and thus some gold. Anyway, go farm platinum and sell it on the trading post. Gives you about 1 gold in an hour. Boring but easy ;)




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