its bad to sin · Nov 15, 2009, 01:42 AM // 01:42

so at the moment i have bout 250k or so and was wandering a few things about power trading.

1. what are some things i should look to invest in.

2. is it better money power trading with the amount i have right now or would small farming like doa or feather farming be better.

3. if 250k is not enough what is a good target to start power trading at

EDIT: might add a few more questions in here soon

Jinkies · Nov 15, 2009, 01:51 AM // 01:51

DoA farming is btter until you have a sizeable amount to work with, I'd say 750-1250e at least.

Truth is you can powertrade with even 100k, but the more ecto you have to trade with the easier it becomes for several reasons.

1) You can buy more items to work it, less money = you don't always have the money to buy an item if you see a good deal.
2) Higher priced items means bigger profit pull, you can make say 10-40e per item, instead of competing for 5-10k
3) The demand for higher priced items is higher than cheap items, everybody wants an Oni, nobody wants an elementalst sword.

TBH it's not even hard to make 750e, 2 days of dungeon running, or a few days of DoA and you are there

Also, everyone says there are certain items better to invest in than others, I would say avoid B Day minipets but other than that everything is fair game, if you limit what you powertrade you are limiting profit you can make.

People who trade everything will make more profit than people who only invest in very popular/high demand items

its bad to sin · Nov 15, 2009, 02:02 AM // 02:02

yes the only minis i was looking at was like kunnas and mallyx and what not untill i get higher amounts.

from seeing yout mini pet thread i can tell u might have done a little power trading over the years

thank you for the help

Zahr Dalsk · Nov 15, 2009, 02:53 AM // 02:53

Wait, people are doing DoA again? Tell me more.

Daeheru · Nov 15, 2009, 03:42 AM // 03:42

Quote:

Originally Posted by Zahr Dalsk

Wait, people are doing DoA again? Tell me more.

I haven't heard of ppl "doing" doa and it's been awhile since i've checked it out. but there are builds that you can use to run it, so maybe it's become popular to just get runs for it now. I'll have to check it out soon.

Jinkies · Nov 15, 2009, 03:44 AM // 03:44

DoA runs have always been popular in German districts, and if you are in an active guild it's common to have several runs a day. If you aren't well I guess you are out of luck because pugs fail at DoA

Eragon Selene · Nov 15, 2009, 03:51 AM // 03:51

Quote:

Originally Posted by its bad to sin

yes the only minis i was looking at was like kunnas and mallyx and what not untill i get higher amounts.

from seeing yout mini pet thread i can tell u might have done a little power trading over the years

thank you for the help

I would possably avoid those mini pets as well, even though those are not B-day ones....they are very common.

Although Kuunas did spike before and are back down to 55-60e it make take time for them to get to 100e again.

I made the bulk of my ecto investing into rare minis and sitting on them. Over time you make more then buying a mini naga for 1100e and selling it 2 days later (or even hours) for 1150. I can make 50e in a night running dungens.

My 1st big buy/trade was almost my bigged mistake. I bought a mini Zed @ 500e and then sold him for 600e a month later. I got scared will all the people trying to unload them, though Anet might release more, and sold mine. Today hes 3000e+.

Unless you need your money, buy a rare mini and sit on it. I bought mini Yetti 200e and Naga 250e, sat on them for 6 months and sold them for 1300 for the set. Took 800e of that and bought a Oni, could get 1600e easly for him and will only go UP in vallue. All of this started with the ecto I made in DoA from arms.

To buy and trade weapons I recommend sticking to Q8 non inscribables, Eternals, BDS, Obi blades but I have found more times then not weapons go down in value over time. EXCEPT for Q8's or old school weapons. But unless you are on your game with the pricing its easy to over pay.

my 2 cents

its bad to sin · Nov 15, 2009, 04:10 AM // 04:10

ty every1 for your help. yea i wanted to stay away from wepons for the most part and stick with high end minis what are some good low end to start with maybe like
500e or lower

yea right now im doing some 3 many foudnary with my cuzin for some money

Martin Alvito · Nov 15, 2009, 04:17 AM // 04:17

Above poster is a classic example of fallacious reasoning. Future performance does not always equal past performance. Rare minis probably will continue to increase in value in the long term, but the current run up in prices is probably about done for a while. Prices in these markets tend to plateau, then spike when external factors (dupe, easy ectos) make hardcore farmers broadly richer than they were previously. We should hit a plateau again fairly soon.

Further, there's an opportunity cost of just sitting on your resources. The larger your pool of resources, the more you can skim in values working that pool of resources. Spending 250 ecto and sitting on it for 6 months to gain 400 ecto is dumb if you could have made 50 trades skimming ten ecto per iteration during that six month period.

Your best bet with a small pool of resources is to start putting that money to work, but not act like a power trader. Spend a few minutes in High End daily looking for deals and snatch them up when you can afford them. Relist and sell those items at a profit. Spend the remainder of your GW time farming until you have that 4-6 stacks of ecto to work with.

You can sell minimally in Kamadan AD1 (jump in, spam two or three times, leave and go play the game some more), but if you're hunting for deals you pretty much have take up residence. Good purchase deals don't last more than a few seconds in-game; they tend to last a bit longer on the forums.

Jinkies is off on the amount of time it will take you to make money, A stack of ecto is +/- 1.3 million gold. At a very efficient 100k per hour, it'll take you 13 hours to make a stack of ecto. Unless you plan to forego RL and sleep, it'll be on the order of weeks rather than days to crank out that much capital.

Zahr Dalsk · Nov 15, 2009, 04:21 AM // 04:21

Quote:

Originally Posted by Jinkies

German districts

Ah, thanks. I'll have to take a look there.

Jinkies · Nov 15, 2009, 04:48 AM // 04:48

Quote:

Originally Posted by Martin Alvito

You can sell minimally in Kamadan AD1 (jump in, spam two or three times, leave and go play the game some more), but if you're hunting for deals you pretty much have take up residence. Good purchase deals don't last more than a few seconds in-game; they tend to last a bit longer on the forums.

Jinkies is off on the amount of time it will take you to make money, A stack of ecto is +/- 1.3 million gold. At a very efficient 100k per hour, it'll take you 13 hours to make a stack of ecto. Unless you plan to forego RL and sleep, it'll be on the order of weeks rather than days to crank out that much capital.

I would actually say you are better off trading in Kamadan District 2, or Lion's Arch district 1. Most people in D1 Kamadan are looking for "serious" buyers, players in other districts, or less busy towns are, in my history, more likely to offer better prices.

Also, 13 hours a day may seem like alot but many dedicated runners play at least that much per day on weekends. Not only that but your profit varies by dungeon you run.

Obviously you won't become a millionaire fast from running CoF, but runs such as Duncan, which go relatively fast and cost upwards of 25k per person can provide a steady income exceeding 350k per hour.

KageNoShi · Nov 15, 2009, 06:17 AM // 06:17

Quote:

Originally Posted by Jinkies

Obviously you won't become a millionaire fast from running CoF, but runs such as Duncan, which go relatively fast and cost upwards of 25k per person can provide a steady income exceeding 350k per hour.

Takes time to learn the Duncan run though(those Restless dead get me every time) but I have to agree it took me a whole month to make a million gold from just running CoF till I learned to do SoO, but theres also speed clears which can cost a little gold(for cons,etc.) but you end up making a large profit in the end, however thats more a case of dumb luck; except UWSC which I don't really see too many people doing anymore*cough cough*. Oops I rambled a bit there...

Martin Alvito · Nov 15, 2009, 06:39 AM // 06:39

Quote:

Originally Posted by Jinkies

I would actually say you are better off trading in Kamadan District 2, or Lion's Arch district 1. Most people in D1 Kamadan are looking for "serious" buyers, players in other districts, or less busy towns are, in my history, more likely to offer better prices.

Agree when looking to buy, but not when looking to sell. When you want to sell an item, you go where people expect to have to pay value to get what they want. This assumes that you're buying and selling the sort of items that get resold in D1 Kama, of course. As a rule, people in LA1/Kama2 don't have hundreds of ectos laying around waiting for a use.

Please note that the way you do this is pop in for a few seconds to spam and then do another farming/dungeon run. You can afford to be very patient that way. Then just suck it up and suffer some boredom when it's time to reload inventory.

Quote:

Originally Posted by Jinkies

Also, 13 hours a day may seem like alot but many dedicated runners play at least that much per day on weekends. Not only that but your profit varies by dungeon you run.

Obviously you won't become a millionaire fast from running CoF, but runs such as Duncan, which go relatively fast and cost upwards of 25k per person can provide a steady income exceeding 350k per hour.

Sure, but how fast do you fill the bus? In my experience, going north of 150-200k/hour with reload time is a challenge. I suppose that if you were available constantly you'd get a rep that would keep sending business your way... but most of us aren't willing to invest that kind of time or stay focused on a single activity all day.

Ex: About a year and a half ago, I'd run Sepulchre HM at 10k/pop because I could dual client it in 10-11 minutes and pocket everything. However, it took 5-10 minutes to reload the bus (despite referrals) and another 90 seconds to get there. When all was said and done, you were looking at around 130-180k/hr. Obviously, that rate isn't sustainable now because of lack of demand.

So sure, if everything went perfectly (everyone pays on time, you never make a mistake, and you already have six waiting when you go back to town), you could knock that out twice an hour and pocket 360k at 30k per. But is that realistic?

Gift3d · Nov 15, 2009, 07:24 AM // 07:24

you can power trade with any amount really. say if you start with 100k you can maybe make 5-10k at a time. if you go with a few hundred ectos you can make a lot more per trade.

the more you use to trade with the more you'll make out if it, generally.

prey monkie · Nov 15, 2009, 12:48 PM // 12:48

1. Powertrade lessons from Jinkies

cool^^
2. DoA is alive? its like Urgoz xD u have to b in a DoA guild + get some good tanks( without good recall and sliver tanks its a fukking pain + fail)
3. i defintly agree on the fact that people in spamadan ae1 are lowballers but i still make money there. for low end items i sometimes go to kaining center. people have no idea what they are buying and how much its worth

4. party points drunkard sweet points is always easy money. u can sell party points in stacks easy for 250g a point. while people sometimes sell for 150g or 200g. same with drunkard i sold 3 min alcohol in stacks for 425g each no problem while i bought them for 250g(event tho) now it would b like 300g) with party points etc u can ask more for stacks
5. see yah in kamadan ae1 xD

Lifestyle · Nov 15, 2009, 01:07 PM // 13:07

Quote:

Originally Posted by prey monkie

3. i defintly agree on the fact that people in spamadan ae1 are lowballers but i still make money there. for low end items i sometimes go to kaining center. people have no idea what they are buying and how much its worth

I buy tomes in Kaineng center and sell them in Kamadan ;>

Marzipan Marci · Nov 15, 2009, 01:27 PM // 13:27

Quote:

Originally Posted by Jinkies

I would actually say you are better off trading in Kamadan District 2, or Lion's Arch district 1. Most people in D1 Kamadan are looking for "serious" buyers, players in other districts, or less busy towns are, in my history, more likely to offer better prices.

It's interesting, but why is that?

joshuarodger · Nov 15, 2009, 02:55 PM // 14:55

to be honest, the best/easiest to get rich is to buy items that can be traded for party points and alcohol at halloween and wintersday. about a month before this last halloween i started buying decayed orr emblems. i bought about 225 stacks of them for anywhere between 9k and 15k per stack. i then traded 3 emblems for 1 party point when the halloween collectors arrived. even if i had bought them all at 15k per stack this comes to 180g/point. i then sold those points for 250gold per point just by placing a thread in high end, 2 days later they were gone and i had made about 2 million profit. this was my first big investment and it really paid off for me

Eragon Selene · Nov 15, 2009, 02:58 PM // 14:58

Quote:

Originally Posted by Martin Alvito

Above poster is a classic example of fallacious reasoning. Future performance does not always equal past performance. Rare minis probably will continue to increase in value in the long term, but the current run up in prices is probably about done for a while. Prices in these markets tend to plateau, then spike when external factors (dupe, easy ectos) make hardcore farmers broadly richer than they were previously. We should hit a plateau again fairly soon.

Further, there's an opportunity cost of just sitting on your resources. The larger your pool of resources, the more you can skim in values working that pool of resources. Spending 250 ecto and sitting on it for 6 months to gain 400 ecto is dumb if you could have made 50 trades skimming ten ecto per iteration during that six month period.

Example of why I disagree with this:

I bought a mini Oni 2 months ago for 805 ecto. I saw the "need" for these was low at the time and they had sold for 1000e only a week before. I had an offer for it yesterday of 1600e. Thats 795e proffit. Do that making smaller trades proffiting 5-10e each. Keep in mind your not always going to make money in a trade. The more you make the greater the risk of lozing money as well.

If you have 500e to work with min grawls are rare enough to invest in. They go for 250-280e right now. I would advise waiting until closer to the wintersday event. People tend to sell stuff CHEAP during those events because they need money for event items. Also if you ave up you might be able to pick up a mini polar bear when someone gets one. Those tend to sell cheaper during or around the event and go up over the year.

AlsPals · Nov 15, 2009, 06:42 PM // 18:42

This late in the games life, sitting on minis seems fruitless. I dunno, guess some people still love powertrading enough to care.

Nov 15, 2009, 01:42 AM // 01:42	#1
its bad to sin Frost Gate Guardian Join Date: Jan 2009 Location: probably behind you Guild: Mercenaries Of Grenth [MoG] Profession: P/W	some questions on power trading so at the moment i have bout 250k or so and was wandering a few things about power trading. 1. what are some things i should look to invest in. 2. is it better money power trading with the amount i have right now or would small farming like doa or feather farming be better. 3. if 250k is not enough what is a good target to start power trading at EDIT: might add a few more questions in here soon Last edited by its bad to sin; Nov 15, 2009 at 01:45 AM // 01:45..

Nov 15, 2009, 04:10 AM // 04:10	#8
its bad to sin Frost Gate Guardian Join Date: Jan 2009 Location: probably behind you Guild: Mercenaries Of Grenth [MoG] Profession: P/W	ty every1 for your help. yea i wanted to stay away from wepons for the most part and stick with high end minis what are some good low end to start with maybe like 500e or lower yea right now im doing some 3 many foudnary with my cuzin for some money Last edited by its bad to sin; Nov 15, 2009 at 04:15 AM // 04:15..

Nov 15, 2009, 02:55 PM // 14:55	#18
joshuarodger Unbanned Join Date: Jan 2008 Guild: Trinity of the Ascended [ToA] -- IGN: Swirly Profession: Mo/	to be honest, the best/easiest to get rich is to buy items that can be traded for party points and alcohol at halloween and wintersday. about a month before this last halloween i started buying decayed orr emblems. i bought about 225 stacks of them for anywhere between 9k and 15k per stack. i then traded 3 emblems for 1 party point when the halloween collectors arrived. even if i had bought them all at 15k per stack this comes to 180g/point. i then sold those points for 250gold per point just by placing a thread in high end, 2 days later they were gone and i had made about 2 million profit. this was my first big investment and it really paid off for me __________________ Ventari's Guidelines - They've Changed.

Nov 15, 2009, 01:51 AM // 01:51	#2
Jinkies Krytan Explorer Join Date: Nov 2008 Location: Korea Guild: Peace And Harmony [PnH] War Machine [WM]	DoA farming is btter until you have a sizeable amount to work with, I'd say 750-1250e at least. Truth is you can powertrade with even 100k, but the more ecto you have to trade with the easier it becomes for several reasons. 1) You can buy more items to work it, less money = you don't always have the money to buy an item if you see a good deal. 2) Higher priced items means bigger profit pull, you can make say 10-40e per item, instead of competing for 5-10k 3) The demand for higher priced items is higher than cheap items, everybody wants an Oni, nobody wants an elementalst sword. TBH it's not even hard to make 750e, 2 days of dungeon running, or a few days of DoA and you are there Also, everyone says there are certain items better to invest in than others, I would say avoid B Day minipets but other than that everything is fair game, if you limit what you powertrade you are limiting profit you can make. People who trade everything will make more profit than people who only invest in very popular/high demand items

Nov 15, 2009, 02:02 AM // 02:02	#3
its bad to sin Frost Gate Guardian Join Date: Jan 2009 Location: probably behind you Guild: Mercenaries Of Grenth [MoG] Profession: P/W	yes the only minis i was looking at was like kunnas and mallyx and what not untill i get higher amounts. from seeing yout mini pet thread i can tell u might have done a little power trading over the years thank you for the help

Nov 15, 2009, 02:53 AM // 02:53	#4
Zahr Dalsk Grotto Attendant Join Date: Aug 2007 Location: Canada	Wait, people are doing DoA again? Tell me more.

Nov 15, 2009, 03:44 AM // 03:44	#6
Jinkies Krytan Explorer Join Date: Nov 2008 Location: Korea Guild: Peace And Harmony [PnH] War Machine [WM]	DoA runs have always been popular in German districts, and if you are in an active guild it's common to have several runs a day. If you aren't well I guess you are out of luck because pugs fail at DoA

Nov 15, 2009, 04:17 AM // 04:17	#9
Martin Alvito Older Than God (1) Join Date: Aug 2006 Guild: Clan Dethryche [dth]	Above poster is a classic example of fallacious reasoning. Future performance does not always equal past performance. Rare minis probably will continue to increase in value in the long term, but the current run up in prices is probably about done for a while. Prices in these markets tend to plateau, then spike when external factors (dupe, easy ectos) make hardcore farmers broadly richer than they were previously. We should hit a plateau again fairly soon. Further, there's an opportunity cost of just sitting on your resources. The larger your pool of resources, the more you can skim in values working that pool of resources. Spending 250 ecto and sitting on it for 6 months to gain 400 ecto is dumb if you could have made 50 trades skimming ten ecto per iteration during that six month period. Your best bet with a small pool of resources is to start putting that money to work, but not act like a power trader. Spend a few minutes in High End daily looking for deals and snatch them up when you can afford them. Relist and sell those items at a profit. Spend the remainder of your GW time farming until you have that 4-6 stacks of ecto to work with. You can sell minimally in Kamadan AD1 (jump in, spam two or three times, leave and go play the game some more), but if you're hunting for deals you pretty much have take up residence. Good purchase deals don't last more than a few seconds in-game; they tend to last a bit longer on the forums. Jinkies is off on the amount of time it will take you to make money, A stack of ecto is +/- 1.3 million gold. At a very efficient 100k per hour, it'll take you 13 hours to make a stack of ecto. Unless you plan to forego RL and sleep, it'll be on the order of weeks rather than days to crank out that much capital.

Nov 15, 2009, 07:24 AM // 07:24	#14
Gift3d Forge Runner Join Date: Feb 2007 Location: Las Vegas Guild: Enraged Whiny Carebears [oR] Profession: W/E	you can power trade with any amount really. say if you start with 100k you can maybe make 5-10k at a time. if you go with a few hundred ectos you can make a lot more per trade. the more you use to trade with the more you'll make out if it, generally.

Nov 15, 2009, 12:48 PM // 12:48	#15
prey monkie Krytan Explorer Join Date: Mar 2009 Guild: [OhNo] Mallyx and Friends Profession: Mo/	1. Powertrade lessons from Jinkies cool^^ 2. DoA is alive? its like Urgoz xD u have to b in a DoA guild + get some good tanks( without good recall and sliver tanks its a fukking pain + fail) 3. i defintly agree on the fact that people in spamadan ae1 are lowballers but i still make money there. for low end items i sometimes go to kaining center. people have no idea what they are buying and how much its worth 4. party points drunkard sweet points is always easy money. u can sell party points in stacks easy for 250g a point. while people sometimes sell for 150g or 200g. same with drunkard i sold 3 min alcohol in stacks for 425g each no problem while i bought them for 250g(event tho) now it would b like 300g) with party points etc u can ask more for stacks 5. see yah in kamadan ae1 xD

Nov 15, 2009, 06:42 PM // 18:42	#20
AlsPals Lion's Arch Merchant Join Date: Mar 2007 Guild: Sellin hot stock tips for pro[fit] Profession: Me/E	This late in the games life, sitting on minis seems fruitless. I dunno, guess some people still love powertrading enough to care.