May 11, 2006, 11:15 PM // 23:15
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#1
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Forge Runner
Join Date: Sep 2005
Guild: WTB Q9+5e Bows/Q8 14^50 Weapons
Profession: R/P
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Merged: What to invest in?
When I first started playing I grinded it out with my Ranger-elem and finished the game, but didn't find too many good things or make much gold. I started using henchies to do those fire islands for chests. Made enough to get some decent weopons, but still never broke 100k. I stopped playing for a while and came back to try a standard warmonk. Took him to FoW and then the HoH when the new greens came out. I knew after 2 days of the new greens dropping and my 1st 5 man run that there would be an abundance of uber greens. That's when I decided to middle man all the nice new greens. So I spent a few weeks trading the new greens (700-900k worth), materials and stuff from FoW. It took 2 weeks/3 weekends and I got to a million. Later I got lucky and traded for some nice Chaos Axes before they dropped in price and made another 800k+. During this time this guy was buying up iron for factions and i thought that steel would be a better investment. I picked up steel for 75 -90 gold each and made 900k+ off of that.
Now I have several million worth of gold, weopons and materials and I'm trying to figure out if I should invest it or just sit on it till prices drop on the things I want. I don't trust the weopons market because of ANET. I figured ANET did this to get people to move on to factions if they wanted the rare elite items since those HoH greens had "Godly" stats and everyone had them. Then ANET increased the drop rate of good mods, devaluing existing weopons even more.
Ectos, Shards have dropped in price and might not go back up. Rubies and Sapphires haven't jumped. I'm down to a few hundred steel which I might keep for armor and stuff, but that is no biggie. Those CE dragons should be in abundance if a fair percentage of CE's are bought. So I see nothing worth investing in, but I will need room for all the junk im currently collecting/selling.
Any chance ANET will be raising the amount of gold an account can hold? If its bad for me, I can only imagine what it's like for those people with stacks and stacks of ectos.
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May 11, 2006, 11:20 PM // 23:20
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#2
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Krytan Explorer
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See, the rich have their own dilemmas, too!
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May 11, 2006, 11:21 PM // 23:21
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#3
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Jungle Guide
Join Date: Dec 2005
Location: Denmark
Profession: R/
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I cant answer your question, but can you answer mine?
If you have several million worth of gold why on earth are you trying to get more money and why do you care about the prices? You can buy anything you want!
Oh, and do you mind donating a few millions to me? I really need that.. ehh.. thing!
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May 11, 2006, 11:24 PM // 23:24
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#5
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Wilds Pathfinder
Join Date: Mar 2006
Location: NY
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Quote:
Originally Posted by Showtime
snip is ftw.
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Well Its not something to invest in for money...but skills. If I had any kind of money, thats what I'd buy. Of course..Im not exactly an expert on money also.
Quote:
See, the rich have their own dilemmas, too!
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Oh you poor bastards.
Wish I had those kind of problems.
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May 11, 2006, 11:25 PM // 23:25
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#6
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Krytan Explorer
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Quote:
Originally Posted by Vermilion
Oh you poor bastards.
Wish I had those kind of problems.
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Yeah, I was being facetious.
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May 11, 2006, 11:27 PM // 23:27
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#7
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Banned
Join Date: Mar 2006
Location: England
Guild: Lievs Death Squad [LDS]
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All i can say is
Incorrigible Ale-Hound
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May 11, 2006, 11:32 PM // 23:32
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#8
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Krytan Explorer
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Quote:
Originally Posted by Evilsod
All i can say is
Incorrigible Ale-Hound
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My HoH team got mad at me because I thought the drunkard title was for playing while drunk IRL.
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May 11, 2006, 11:39 PM // 23:39
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#9
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Frost Gate Guardian
Join Date: Jan 2006
Location: Seattle
Guild: Force of Arms [FoA]
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Quote:
Originally Posted by Evilsod
All i can say is
Incorrigible Ale-Hound
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Second that. Buy a few thousand brews and join us on the dark side...
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May 11, 2006, 11:42 PM // 23:42
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#10
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Krytan Explorer
Join Date: Nov 2005
Location: Lexington, SC
Guild: Grenths Mercenaries[DEAD]
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go to ascalon, find a lower lvl new player on his first character, and give him 50k or so, congrats you just made someone's week
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May 11, 2006, 11:43 PM // 23:43
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#11
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Desert Nomad
Join Date: Jun 2005
Guild: Dvd Forums [DVDF]
Profession: E/
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I'm sorry you have too much money.
Really, my heart breaks for you. /sarcasm
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May 11, 2006, 11:50 PM // 23:50
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#12
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Wilds Pathfinder
Join Date: Mar 2006
Location: NY
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Quote:
Originally Posted by UndeadRoadkill
Yeah, I was being facetious.
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I kinda figured.
( After I looked up what that word meant >.< )
Mini-pets! Selling/reselling is possibly profitable right?
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May 12, 2006, 12:44 AM // 00:44
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#13
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Not far from Elite
Join Date: Apr 2006
Location: Florida
Profession: W/
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Quote:
Originally Posted by Showtime
Any chance ANET will be raising the amount of gold an account can hold? If its bad for me,
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no proably not cuzz of them offering 9.99 for 1 more charater slot / storage.
but nice story i enjoyed it.
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May 12, 2006, 03:00 AM // 03:00
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#14
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Forge Runner
Join Date: Sep 2005
Guild: WTB Q9+5e Bows/Q8 14^50 Weapons
Profession: R/P
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ok, that all sounds nice, but no one can think of things that are worth holding onto. Not necessarilly to make more dough, just mostly not to lose too much of the initial investment. ectos ended up not being a great investment, but it is the easiest thing to buy/trade.
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May 12, 2006, 03:13 AM // 03:13
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#15
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Desert Nomad
Join Date: Dec 2005
Location: around the corner and up the block
Guild: Hero
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i think investing in dyes is good its what i do
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May 12, 2006, 03:32 AM // 03:32
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#16
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Ascalonian Squire
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Some people enjoy the act of getting rich. It's somewhat fun.
EPYON
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May 12, 2006, 03:45 AM // 03:45
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#17
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Lion's Arch Merchant
Join Date: Sep 2005
Location: In my parent's basement
Profession: R/Mo
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I got a feeling that cheap dyes and basic crafting materials will rarely go down in value. Those are probably the wisest items to invest in. Especially something lame like yellow dyes. I garauntee they won't go much cheaper.
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May 12, 2006, 04:40 AM // 04:40
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#18
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Frost Gate Guardian
-->
Join Date: Dec 2005
Guild: ice
Profession: W/
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thats a tough question. with all the new gold sinks, i wouldnt be surprised to see prices for almost everything to go down. rare materials and dyes and everything will always be in demand, but how much something is worth depends on how much gold people are willing or able to pay for it.
unique items are pretty cool, like the minipets. but you can only carry a limited amount of those
the only real safe investment is gold and platinum - a million gold may be worth more in half a years time than it is now.
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May 12, 2006, 05:28 AM // 05:28
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#19
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Lion's Arch Merchant
Join Date: Oct 2005
Guild: Celestial Order
Profession: W/Mo
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lol, anet must implement stock market in the game..for the investment for the riches..
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May 12, 2006, 05:52 AM // 05:52
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#20
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Journeyman
Join Date: Jul 2005
Profession: R/Mo
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Quote:
Originally Posted by UndeadRoadkill
See, the rich have their own dilemmas, too!
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PRICELESS.
anyway, common materials are probably the best thing to invest in. 2 or 3 stacks of each material would be enough to cover all of your bases in case the price of something suddenly jumps.
Amber and Jadeite will probably devalue over time, but it's could be something else to occupy your time with.
dyes are not a very good investment, in my opinion. nothing but silver and black dyes are ever worth anything above 500g. more like chump change than anything. black dye will probably increase in value, since it's viewed as "uber l33t".
i'm no market analyst, and if you followed my advice, there's probably a large chance that you'd lose some thousands....but hey, investment isn't always without risks.
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