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Old Dec 06, 2006, 11:21 AM // 11:21   #81
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by...

- not spending gold on things i don't need
- and never having created a warrior character for well over a year


having warrior characters seems to be quite a gold sink. All the most valuable rare skins on the market seem to be warrior weapons/shields. The most expensive greens are invariably warrior items. For a long time, sup absorption was the most expensive rune out there.

When you don't have a warrior character, not only do you have no interest in wasting gold on outfitting one w/ runes, weapons, armor, etc. But any valuable green warrior drops you find you generally will not be interested in keeping thus generating more gold than if you had a warrior.

Perhaps w/o a warrior you would miss out on money doing runs? But that's not something I've ever tried.
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Old Dec 06, 2006, 11:40 AM // 11:40   #82
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^^ i was playing for a whole year without a warior. its my monk and my ranger who were getting me the money

now i made a warior just cuz i had 3 unused char slots and i wasnt interested in making an assassin....lol
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Old Dec 06, 2006, 02:28 PM // 14:28   #83
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Quote:
Originally Posted by capitalist
I got rich back in the day when that one chest in that one special place dropped stacks of ecto and perfect crystalline swords. Ahhhh, those where the days. Now I just watch my my pile slooooowly dwindle.
For a moment there i thought you were talking about that one special chest in the desert that the QA testers knew about.
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Old Dec 06, 2006, 04:22 PM // 16:22   #84
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This thread is full of inaccuracies it is amazing. Makes you wonder what the quality and reliability of the info in other threads is.

Quote:
Originally Posted by dbulger
So i'm coming up on my first million, after plenty of selling to merchs and players, but nothing over 100k. It makes me wonder how guys have the cash to throw around to bid on items at like 500 ectos and such!

To my understanding there have been a few key moments in game where people have amassed huge sums of money, or created very valuable items. I'll start the list, but I'm sure there are plenty more going back in the history of guild wars.

1. that fateful day when all material prices were reset to 100g. I wish I could have been there. (I'm thinking this is #1 for guys with riches comin out of their ears)
2. invention of the 55 monk and solo farming in the early days
3. farming greens when they first came out in sorrows furnace
4. invention of the droks run!! though i don't know the prices it started off at
5. bringing back post-sear items to pre
6. grinding it out 2 man style in FoW for months on end.
7. finding a titan gem from domain of anguish
8. finding a crystalline sword
9. finding an elemental sword

what else can you add?
Actually quite easily. Making a million is not hard. I would consider 10 million a nice challenge which is quite achievable.

Quote:
Originally Posted by shardfenix
10. Visit eBay.com

You honestly think people can earn a million gold and spend it on one item? You don't earn money that quickly. You buy it. Anet needs a stricter policy on ebaying. It's sickening that cheaters make out better than players who work for their gold.
Actually making and spending a million is very very easy its just newbs and people who lack any form of intelligence think that everyone who spends large amounts of gold ebays....

Quote:
Originally Posted by shardfenix
Maybe, but to me, a "game" isn't standing in a chat room spamming WTS day in and day out. I actually do things.
So do many rich people. They dont spend 24/7 grinding to make gold. You may have to spend forever grinding to make gold but I know many who dont need to.

Quote:
Originally Posted by Phaern Majes
The reset the OP was talking about, was back around March I believe. Ectos were on sale at the trader for 100g each, along with every other material and I believe black dye too. Anet then shut the game down for 4-5 hours in which everyone was on guru posting how it "wasn't their fault they could buy materials so cheap". Though no one was allowed to keep what they bought.

Though I heard Anet didn't roll it back far enough and a select few who originally found out the glitch didn't lose all their stuff.
No, this is sooooo wrong. There were two trader resets. One ages ago where everyone kept their stuff. The other was a few months back where EVERYONE lost their stuff during the time period.

Quote:
Originally Posted by Stockholm
That was the rune trader reset.


Racthoh, what is your secret way of getting rich? lol
Quote:
Originally Posted by Senator Tom
Got two in my first solo run a few hours after it came out


and racthoh isnt rich
For some reason people think he is one of the richest people in Guild Wars

Quote:
Originally Posted by Lag Hell
actually, there isnt really 1 easy way, all the methods require a certain amount of work, (except maybe the 100g ecto, bone dragon or 15>50 crystalline hoh ppl). Say if u ask all the multi millionaires to do a /age most (90%) will have around 5000 hours under their belt, so just play the game, and ull get the hang of it. And i remember this from sum1s Avatar text.. Fun>Loot
<--- 1500 hours

Quote:
Originally Posted by Ghost Recon
Most people who are rich either got there buy.

Very early UW farming
Chest running in Dreadnought's Drift
The Rare material trader reset (The first one not the second time as we got a server roll back the second time)
HoD swords

They were probably one of the easiest ways to get the cash before all got the nerf bat. With the exception of the rare material trader thing which was just a mess up by anet.
I am pretty sure the majority of rich people did things other than those. I am 100% sure the majority/most of rich players did not just; sell HOD swords, chest run Drednoughts Drift or trader reset to become rich.

It is incredible people still ask questions like, "how do i make gold???" or "how do i make a million gold as i think millionaires ebay???".

Last edited by The Herbalizer; Dec 06, 2006 at 06:40 PM // 18:40..
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Old Dec 06, 2006, 05:21 PM // 17:21   #85
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Quote:
Originally Posted by The Herbalizer
Quote:
Quote:
Originally Posted by Shardfenix
10. Visit eBay.com

You honestly think people can earn a million gold and spend it on one item? You don't earn money that quickly. You buy it. Anet needs a stricter policy on ebaying. It's sickening that cheaters make out better than players who work for their gold.
Actually making and spending a million is very very easy its just newbs and people who lack any form of intelligence think that everyone who spends large amounts of gold ebays....
I have tried to show a few friend beginners how to earn some gold by several means, such as simple runs like lions-toa, lions-ascalon. It's not much, but it's a good way to learn. I've also showed them some solo farming builds, gone through the steps and so on.

But I'm always surprised (not to be mistaken with annoyed) by frequent pm's asking me if I have any leftovers, spare gold, or anything of the sorts. They are always short on gold, have less than decent weapons, and don't seems to be enjoying the game as much as they could because they focus too much on making small ammounts of gold.

What I've noticed about them is that they have bad shopping habbits. It takes only a minute or two to see what perfect stats are on a weapon and to go through forums/auctions to get an idea of what something costs. Instead they try to sell items that would go for under 1k for several times their value, wasting time, getting upset over their lack of success, and so on. Then when they buy items they over pay quite a bit. Example, one of these friends paid a couple k for a purple raven staff, non maxed, single mod at about 13%, no upgrades.

At first they too thought it was impossible to achieve kk+ without ebaying it. It's only when I take them along that see there's no need for it. Saving and market pricing plays as much of a part in making gold as does farming it, but it seems to take some people a little longer to get into that area.
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Old Dec 06, 2006, 05:35 PM // 17:35   #86
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Offering Services for people who cant be bothered grinding through the game
multiple times.

I have never power traded, except those two times with the black dye and balthazar flames.
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Old Dec 06, 2006, 05:38 PM // 17:38   #87
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-2 man UW
-farming hoh chest
-not wasting gold on novely things (mini-pets, "new greens" and such)
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Old Dec 06, 2006, 05:49 PM // 17:49   #88
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Quote:
Originally Posted by allience
-2 man UW
-farming hoh chest
-not wasting gold on novely things (mini-pets, "new greens" and such)
That's a good point about not wasting gold. Lots of people in-game that I know have purse strings that are a tad too loose. Don't spend where it isn't necessary.
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Old Dec 06, 2006, 06:28 PM // 18:28   #89
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I've made money by:

1) Selling Jade Wind Orbs
2) Selling Jade / Amber
3) Completing Factions repeatedly and selling the Amulets
4) Completing Nightfall repeatedly and selling the Hand of the Forgotten
5) Buying Books of Secrets in Kamadan, beating Abaddon's Gate again, trading for the Hand of the Forgotten, selling the Hand of the Forgotten

Those are where I've made decent chunks. Other than that, it's normal gameplay. I wasn't around for the old days with material trader resets, and pre-AoE nerf farms. I've since spent a great deal on skills, so there's no use hacking my account...
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Old Dec 06, 2006, 06:46 PM // 18:46   #90
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I would have to agree with Herb ... it is so hard to stay at a million ... i always end up buying something stupid (15k asalon armor last week) when i get to it. trading in this game is quickist way to make money..buy low sell high .. like a guy in my guild sold his titan gem yesturday for 100k 70 ecto purchased another one for 100k 20 ecto and sold it for 100k 70 ecto..
Save your money and you will have money it is pretty simple.. each character at most has to spend 5k total for armor plus materials runes.

Money is pretty pointless in this game the only thing i would like is a unconditional Axe/sword/hammer 15% because of the imbalance.
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Old Dec 06, 2006, 07:39 PM // 19:39   #91
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^ yeah i think i would be at or close to a million if only i would save more gold. i spend my gold like crazy on armor and dyes lols

I use to farm griffons and minotaurs before the first AI update. I'd average 1-3 gold drops,a couple purple drops, and like 10-20k daily there.
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Old Dec 06, 2006, 07:45 PM // 19:45   #92
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Quote:
Originally Posted by Lucifer PVP
Money is pretty pointless in this game.
For everyone that responded in this thread that they have more than a million gold, I would like for you to step back and ask yourself this question:

"Why do I have this much money?"

Not HOW you got it, but why you continue to hold onto it?

I encounter this question often when I look at my storage and my cash reserves, and always answer "I dunno". Honestly, once you get the weapons that you desire, the main things you have to purchase are:

1. Armor. FoW is obviously expensive, but if you don't like how it looks, 15K is very, very affordable.

2. Skills. Even with converting several new characters to a new chapter, I still don't see massive amounts of money leaving my coffers to bring them up to date.

3. Guild Hall Improvements. A big one time hit if you fund them all yourself, for sure....but it's still a one time hit.

4. Rare Skinned Items. This has to be the biggest gold investment you can find, but again, it's just there for cosmetic reasons.

Right now, I'm on a quest to fill up my materials storage, but then again, that's a bit petty on my part as well. It's just nice to know that you have become fully insulated from market movements when you want to buy that piece of armor you now have a fancy for.

I think that is why I stopped focusing on how much wealth I've accumulated...
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Old Dec 06, 2006, 08:34 PM // 20:34   #93
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as one of the wealthiest players out there ill tell you;
Nothing is more profitable than power-trading.
Period.

as for people who think making a million+ in a short timespan isnt possible; consider this.
if you buy and sell 10 items a day, each one with an average of a 20k profit (not a very high margin as any powertrader will tell you), thats 1.4million a week.
during the height of my trading career; late august 05-january 06, i averaged about 3.5-4.5 hours trading a day, and averaged about 3.5m a week. (i should mention by "trading" i mean i sat in LA1, talked to friends, thought about builds, read other websites (namely guru) and in the interrim read tradespams to pick up on what was needed; i do NOT mean a constant 3.5 booring-assed hours of WTB XXX! and WTS XXX!).
i could have made far more than that...but i set very strict rules for myself; the most notable was my "commission floor" i would not even consider trading for an item unless i could make at least 50k off of it immidiatly; or 100k in a few days, in order to minimize the risk of losing money, or the item just ending up sitting in storage with no current, or future purpose (another personal rule of mine; never buy an item unless you intend to use it, or make a profit off of it).
most of the time items i traded in ranged from 80k-150k profit, it wasnt untill january to the release of factions that i traded EXCLUSIVLY in high end items (i had "quit" trading at that time, and so only dealt in private trades for a few months...far less profitable, but far less time doing it).
very, very seldomly does a powertrader come across something where they find an item worth a mil, for only 50k or so. it does happen, just not often. and the fact that most people assume power traders do this latter type of trading (essentially ripping off people who dont know item value, known as "newb farming" among traders) is a point made from ignorance of what we did.

also, no matter how much money you have, if and items are what you seek, it will almost never be enough.
i've finally hit a stage where i no longer care about items or wealth in general. every now and then ill sell a minor item for some spending cash, for ahwtever purposes, but the days of holding 2,500e+ are over...i no longer need them, i no longer care.
and i can most certainly tell you, having a customized weapons worth millions, will not allow yo to plough through the enemy in droves. items mean nothing more than their value to the person who has them.

Last edited by Akhilleus; Dec 06, 2006 at 08:56 PM // 20:56..
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Old Dec 06, 2006, 10:20 PM // 22:20   #94
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^^^
Akhilleus is a perfect example of what has been reiterated over and over again when it comes to gold and GW. It's all in how you spend.

For some people they may have a few million and still feel broke and always running out of cash. Their million may be gone almost as soon as they reach it.

Others may have no more than 50K to their name and feel richer than most millionaires simply because their spending habits don't require burning thru their wallets.

Being a millionaire is all in the mind, just like in real life. Just watch how some of those hollywood stars burn through their inheritances and always on the verge of bankruptcy while others make millions a year, yet still shop at the local walmart =)


My 2 general rules are - never buy what you can make yourself (or make something as good yourself) & make the money before you buy something (eg. ebay your old stereo before buying yourself a new one)

Last edited by saphir; Dec 06, 2006 at 10:23 PM // 22:23..
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Old Dec 07, 2006, 02:49 AM // 02:49   #95
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Quote:
Originally Posted by Akhilleus
as one of the wealthiest players out there ill tell you;
Nothing is more profitable than power-trading.
Period.

as for people who think making a million+ in a short timespan isnt possible; consider this.
if you buy and sell 10 items a day, each one with an average of a 20k profit (not a very high margin as any powertrader will tell you), thats 1.4million a week.
during the height of my trading career; late august 05-january 06, i averaged about 3.5-4.5 hours trading a day, and averaged about 3.5m a week. (i should mention by "trading" i mean i sat in LA1, talked to friends, thought about builds, read other websites (namely guru) and in the interrim read tradespams to pick up on what was needed; i do NOT mean a constant 3.5 booring-assed hours of WTB XXX! and WTS XXX!).
i could have made far more than that...but i set very strict rules for myself; the most notable was my "commission floor" i would not even consider trading for an item unless i could make at least 50k off of it immidiatly; or 100k in a few days, in order to minimize the risk of losing money, or the item just ending up sitting in storage with no current, or future purpose (another personal rule of mine; never buy an item unless you intend to use it, or make a profit off of it).
most of the time items i traded in ranged from 80k-150k profit, it wasnt untill january to the release of factions that i traded EXCLUSIVLY in high end items (i had "quit" trading at that time, and so only dealt in private trades for a few months...far less profitable, but far less time doing it).
very, very seldomly does a powertrader come across something where they find an item worth a mil, for only 50k or so. it does happen, just not often. and the fact that most people assume power traders do this latter type of trading (essentially ripping off people who dont know item value, known as "newb farming" among traders) is a point made from ignorance of what we did.

.
and hes talking bout averages only...but of course there're good times and bad times..during the bad times, proly no ones interested in your stuff and you find yourself in a tied up situation...but when the good times comes, especially when you found the right buyer for a certain of goods, he'll make your day leaving you with a big smile on your face..

...and oh, gotta agree with that 50k--->mil+ rip off thingy

@the addict, you know who to beg

Last edited by Rain Knight; Dec 07, 2006 at 02:52 AM // 02:52..
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Old Dec 07, 2006, 04:23 AM // 04:23   #96
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please twist me arm...anyone?
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Old Dec 07, 2006, 06:12 AM // 06:12   #97
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Quote:
Originally Posted by Cracko
Offering Services for people who cant be bothered grinding through the game
multiple times.

I have never power traded, except those two times with the black dye and balthazar flames.
And by hating on other people who are mos def more leetsauce than you.
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Old Dec 07, 2006, 07:32 AM // 07:32   #98
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Quote:
Originally Posted by shardfenix
Maybe, but to me, a "game" isn't standing in a chat room spamming WTS day in and day out. I actually do things.
i'd be willing to bet; for the amount of time each of us has accumulated in GW, ive done "more" character development wise.
the fact of the matter is the truly wealthy player will have a few traits;
good in-game time management
common sense
economic affluence (knowing at least a modicum of economics)
patience
foresight
a clear-set goal for what to achieve
willingness to achieve that goal

this does not mean thousands upon thousands of hours...
instead of sitting around in marhans grotto humping air with the warrior dance for 3 hours a day...i traded, and while i traded i talked to people, did pcs for god knows how many people on guru, answered questions posed by people, same up with builds, etc etc.
"trading" does not constitute sitting in a channel all day long spamming WTB/WTS over and over doing nothing. it involves scanning the trades, and being able to quickly pick up on items of interest, and read over ones that arent. so, look at it this way, instead of trading cutting into my character development time, it just cut into my "down time" in the game...the time that almost every gamer has where they do more or less nothing. of course i did my fair share of this indipendantly when i didnt feel like trading, but the 2 can be done at once, and the benifit is if you talk to enough people...even random people, and you are polite to them, you rather quickly build up a social network. and im sure there are dozens, if not hundreds of people here who have pmed me in-game before with any question, and tell you that 9/10 times, i'd answer it as politely as possible and to the best of my knowledge. so, 2 weeks later when these same people are looking for something specific, or selling soemthing specific, often they'd come to me first.
even if i had never set foot in LA1; mere social networking would have made a considerable amount of money. this can go for anyone. if you just pay attention to what people are looking for, you dont even have to be a pro trader.
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Old Dec 07, 2006, 07:33 AM // 07:33   #99
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I made my millions selling orange dye to the dye trader
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Old Dec 07, 2006, 07:44 AM // 07:44   #100
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selling amulet of the mists, book of secrets...
and selling those Daggers of Xuekao, back when they were worth ~25k-ish
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