Log in or Register. I wanted to share some knowledge, so I decided to make one thorough walkthrough and just direct people here:.

Section B General Tips 1 Almost always buy through buy orders and sell through sell listings. It takes longer, but it saves you gold. Also, usually, you should undercut and overcut by 1c; not all the time, but at least do it on the slow items fast ones it can be better not to because it saves you time and 1c. Are you willing to accept less profit from a quicker sale. This is an emergency fund, in case you need to pay listing fees, or relist, or you spot a really good deal, etc. These all, of course, dependent on your preferences.

Instant profits usually yield better returns over the same time period because they compound , but there is a limit to how many you can do. There are only so many exotics to salvage, materials to craft, items to flip, etc. If you are looking for gold selling the item vs. You should do the same thing to everything to save you time deciding what to do. There are exceptions such as exotics and some rare weapons unique, greatsword, staff, dagger , so I would price-check those first.

Just be sure to use the correct kit if you salvage and which ever choice you prefer is fine. Hot maps, Raids, event farming, EotM, Fractals, etc. I like to get rid of all the averages.

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You can get an idea of how many sales an item has by looking at the Sell Listings Volume. That can help you identify at what price an item will sell. If you find an error or have comments or suggestions, let me know! My go-to for tacking prices is gw2spidy.

You can get an ideal of how many sales an item has by looking at the Sell Listings Volume. But to each their own. Maybe you also want to cover using API keys. There are some neat websites out there, i usually use gw2bltc. It especially comes in handy to calculate the value of all your listings, see your sales history by item and average sales price or your flipping history.

There are some more websites that calculate the value of the items in your material storage, bags and account banks guild bank API coming with HoT also. Thanks for the tips on things to invest in. Do you think the price will rise on any of that small stuff now? Thats all stuff I already sold, so its yesterdays news. What you are interested in is probably my purchase history, which i didnt post.

The link is misleading. Bags that are worth opening on low level character are Bag of Gear masterwork and other green bags for exemple when you Key farm R. P data is too segmented completely forgot about candy corn bags. I wonder if it includes the fees you pay to relist an item.

I was hoping not to make a big deal out of that… the link is to my own post, so, yeah. P only wanted to give something that backed up that claim.

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Hmmmm, there was one website I found a while ago where it would list everything all your characters had, sorted by value. So you could easily find high-value things. But ya people make a big deal out of that for nothing since the vast majority of bags are worth opening on a low character anyway. You are now limited to one key per week. Youre right, the overview doesnt really show your overall wealth. Last time i checked my bank and bag wealth it was about the same as my listings but most of my items are stored in guild banks anyways and for that we dont have API endpoints yet.

Not sure what COGS means either, apart from it being what you paid for items on the TP in the last 90 days, thats how long it tracks purchases and sales. OHHHHHHH BLACK LION KEY FARM. I added the bit about Daily login rewards.

You should mention the Silverwastes, to my experience it is by far the best source of income atm. Wanze has said he doesnt collude with others outside of a few friends he has since early on. Are you completely solo now wanze? The SW chest train is likely to die after Oct. Then why would it die? And the content will be exhausted after a few months. Maybe just VW will get a short holiday. It was so sad when they closed the BL forum.

That was basically when I stopped frequenting these forums, though I do peek around sometimes. I do answer questions when I see them, just not as regularly as that job needs. I see it as a better feeling you get from helping someone than it hurts my ability to make a profit. P Wanze is much more popular, so I assume people go to him first. If I was bothered more often, I might feel differently? But for the most part, all my trading is just me.

My guild thinks of me as a TP baron: Oh, we are Mine was remembering about the daily login reward scheme. Some super rich players pooling their gold to manipulate markets are simply ineffective for various reasons. First of all, we dont have a good trading infrastructure in game. If those people would decide on a market to invest in they would act as competition, outbidding and undercutting themselves, so you would need a separate trading account for it, which has to make all the trades.

That account has to be maintained by 1 person which we did back then, i still use those accounts for trading and extra guild bank storage otherwise you break the ToS.

That person would have to do all the work and he would have to manage a trade volume multiple times higher than a single big trader, which is alot of work. You cant just invest 50k gold into a couple of items, you have to diversify your investments into a couple of hundred different items. Once youre done placing all your buy orders, half of them will be outbid already and you have to start over, its very ineffective.

And if you have a high trading volume its also very hard to calculate how much profit you actually made to distribute interest to the other investors and with gold sending restrictions these days, its even harder to send all that gold.

When i did it, I did it basically for charity to my guild members, spending lots of time, which i couldnt use to make trades on my own account or play the game. The rate may be lower than a gold per laurel. I tested a full monthly cycle 55 a few months ago and got around 70s each. Thanks for the answers guys. I buy Tier 6 bags every week with laurels and I get after fees and taxes roughly silver each on average but it all depends on what you get RNG , what the market is doing and what your tactic is in selling them high bid, undercut low ask, sell above current low ask.

Thank you very much Mystic for writing this guide, it is very kind of you for taking the time to help out the community by sharing your views and experience. Just a flesh wound. Can I ask something else?

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Thats my loot, which i didnt salvage yet, so its still in my bags. I usually salvage all those except medium armor which i sell to vendor. It not including TP fees makes sense and was something I had assumed people had factored in. Therefore, I diversified and simply flip weapon skins, pets, and basic exotic weapons in between PvP matches.

I had enough to reach so I went ahead and cashed out. Looks like I can blame the horrible sample size I originally used which is a relief. This is based on the profit projections off the TP using sell prices. I think some of the new API-using websites have widgets that keep track of the current values, usually with post-tax, custom sale prices. They assume, as I do, an even distribution of the 7 mats, with 3 dropping per bag.

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September 14, Section C Producing your own gold farming 1 Guild Commendations Guild missions can be done once a week and take about hours. Bounty, Rush, Challenge, Puzzle. Total, you get at least 2g, 8 rares, and 6 commendations. Fractals of the Mists has tiers that you can each get daily credit from: FotM is better for account-bound loot: There is also Iron ore, Platinum ore, Soft wood, Seasoned wood, Hard wood.

Each of these sell for over 1s, and there are hundreds of nodes. Some node farming guides: However, I recommend doing the one you consume more materials from if you use lots of platinum and linen, use If you use lots of ecto, use As mentioned below, laurels are worth about 1g each.

Section D Converting other currencies 1 Map Completion Can only be used to make a legendary. My order of making a legendary for profit is: Gift of Mastery, Gift of Fortune, decide which legendary will give the most profit, Gift of Legendary and precursor.

If you pick the right legendary, you can get upwards of g profit. This can help you decide which legendary to make: GW2Profits Forge Legendaries Tool Worth up to about g each gift of exploration, or g for map completion. GW2Profits Forge Materials Tool There are a lot of Mystic Forge items that use Eldritch Scroll. GW2Profits Forge Weapons Tool Making a legendary to sell.

Making a legendary to sell. There are crafting and MF recipes that call for the Gifts or Offerings. Section E TP Trading 1 Spread Buy order low, sell listing high. The plan here is, for example, to buy items for 1g and sell them for 2g. You should use a website to help you locate where these spreads are and a spreadsheet to keep track of everything. Limited-time items are a good bet Living story, holidays, Gem Store dyes, Black Lion specialist weapons, etc.

Sometimes you can predict when a common thing will go up due to an update, such as when ascended armor was coming out and people predicted T2-T6 cloth and leather to increase, because that happened when ascended weapons came out. Stay current on recent news and general trends. The quicker you respond, the more profits you can make. The intermediate items components, inscriptions, etc.

Time-gated materials are usually profitable. Ascended materials, Plates of Plant Food, Grow Lamp GW2Profits Craft Everything Tool GW2Profits Recipes Tool 4 Precursor Crafting One thing to keep in mind: With a large enough sample size, you will receive the average.

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Find a precursor that sells for a lot, and the items that go into the forge to make it are cheap. Not all at once, because you can sell the precursors as you make them, but you do need a large initial investment.

Sell the expensive ones on the TP and use that cash to buy more than one cheaper one. This is fairly time consuming and gives less than 1s profit per bag, but a good source of cheaper materials. It helps to know the drop rates: Master is cheaper unless you have free Mystic Forge Stones from achievement chests. I made a formula for deciding when you should use BLSK: This includes named exotics. They do not drop from crafted items Pearl, Quaggan, Draconic, Emblazoned, Exalted , or from any of these weapons: Check some recipes before you decide which to make.

Inscription require 10, Insignia require 5. GW2Profits Ecto Salvage Tool. You can type it in again to reverse it. I think it is also undone when they apply a patch? Mostly, it stays even after you logout. Tin Foil [HATS]-Hardcore BLTC-PvP Guild Bloin — Running around, tagging Keeps, getting whack on Scoobie Snacks. September 15, September 16, Just some extra info for newer players or older ones who might not know this: I am Evon Gnashblade into the search bar on the trading post, item icons will shrink to the size of the text, so you can see about three times more items in the window and have to scroll less.

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