Dec 21, 2005, 11:22 AM // 11:22
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#1
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Ascalonian Squire
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Safest Ways to Hold Wealth over 1 Mill Plat
Won't be long before part 2 is here. When it is, high probability there will be new high end armors and fissure armor won't be as desirable. So I don't think ectos are the greatest long term investment. So what is???
1. Rubies and Saphires - Reasonable, they said they were inclined to make them valuable, but how valuable, more or less than current prices? No one can say. A good place to put some wealth, but anyone who puts most of their excess wealth here is taking a big risk. There is, however, some upside to compensate for the risk.
2. Monster Fangs, Claws & Eyes - Again, even if they give them a use in Part II, no one can say whether they will be more or less valuable. If they are given a use, their drop rates may be adjusted too. Again, perhaps there is some upside to compensate for the risk.
3. HOD Swords - VERY risky...who knows what new items will be introduced in part II that will render the HOD sword obsolete? Keep one if you use it...
4. Green items - terrible, prices still falling, supply is ever expanding. Perhaps some gains when the new players flood in, if you buy the good stuff dirt cheap shortly before part II -- if you can time that right.
5. Sup Absorb and Vigor - Probably somewhat safer than the above methods.
6. +15>50 items with vanity skins. This seems like a very good choice, although obviously still some risks.
7. Perfect 2 attribute gold wands, truncheons etc...A bit more risky than 6 because who knows what stats the next Brohn's wand type item will have.
So far my wealth is still in ectos, with minimal diversification into rubies and saphires. I am not super rich, I could barely afford one true +15% >50 vanity skin item (and still have 1m plat) but I'm still getting uncomfortable as ecto prices keep falling.
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Dec 21, 2005, 11:34 AM // 11:34
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#2
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Krytan Explorer
Join Date: Aug 2005
Guild: Eternal Comrades
Profession: E/Mo
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Sigils maybe? It's unlikely their value will fall significantly. I can't remember if they stack though, so it could fill up your storage pretty fast.
Rico
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Dec 21, 2005, 11:51 AM // 11:51
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#3
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Black Beast of Aarrrrgghh
Join Date: May 2005
Location: The Netherlands
Guild: The Biggyverse [PLEB] // Servants of Fortuna [SoF]
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Sigils don't stack Rico.
Safest bet is offcourse just plain money. After that its everyone's guess...
Rubys and Sapphires most likely will get an use. But their prices have been consistently around 4k, and the price is quite risky for buying. Still considering it, but I rather play save there. Most likely it will be for a vanity item, so no real need. There will most likely be other items that will be needed more for real playing by then.
Rare skins: considering the fashion feeling (FDS swords used to be 'in', then it was fellblades, and now I expect the Blue FDS.), and the feeling that there will be new items in the game, one can expect that one of the newer items will be in demand. That isn't a real safe bet. Altough a great Sickle will most likely always have demand .
HoD swords are more or less a safe investment. The only risk I see is that ANet nerfs them, altough if they wanted to, they probably would have done it a long time ago. The HoD is on the edge of balance spectrum, I don't expect spectaculair weapons to outpower them in Ch.2.
Green Weapons: agree with Original Poster.
Like a stockholder, one could diversivy and create an inventory with some safer elements and more risky elements, up to your own 'risk taking profile'.
Good luck on this.
~ makkert
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Dec 21, 2005, 02:58 PM // 14:58
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#4
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Krytan Explorer
Join Date: Aug 2005
Location: Scotland
Profession: W/Mo
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I dont think any current high end weapons will be valuable to invest in because of the wep mod upgrade trader planned for chapter 2 and any new wepons people will want to try out.
I have heard rumours of rubies and saphires being used in new armour, I myself plan to get a few of these in the hope of this being true Im also stockpiling steel and other crafting materials.
Ill sell my greens before prices drop too much and this time Ill be ready for the new FoW armour when it comes out before they nerf things and make it more difficult to obtain
I really hope the design some armour like the glass armour in Morrowind 3 and give the realy difficult armour a little more bonus than the normal to make it worth it. It doesnt have to be much just a little
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Dec 21, 2005, 06:29 PM // 18:29
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#5
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Hell's Protector
Join Date: Jul 2005
Guild: The Eyes of Texas [BEVO]
Profession: D/A
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I like the idea about the Superior Absorption runes. For the past several months these runes have consistently been between 70K and 100K, with a majority of that time at the 100K mark.
Guild Wars will continue to have Warriors dominate the most maintained class, especially with new weapons, etc. coming out.
So, that means that demand for the Superior Absorption rune will always be high, and that normally demands a high price using supply/demand. The one true risk with it is if ANet decides to put price controls on the rune trader making this rune more affordable, but that's a risk with any of the material-based items you've listed above as well.
Time to start collecting these bad-boys...
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Dec 21, 2005, 06:42 PM // 18:42
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#6
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Wilds Pathfinder
Join Date: Dec 2005
Guild: [Rage]
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gives me an idea for a way of making molah
"I" (i'm to poor, but for example) take certain items off you (Rubys, Globs, etc) , and hold onto them, if they Drop in price, you can have the market price they were worth when i got them, if they Raise in price, i get to sell them, keep the extra change, but for you theres still the same amount of money left with me
so your money will *ALWAYS* stay at it's value, but if prices raise, you gain nothing, no win, but no lose either
would have to have pre-defined times and places for deposit/Withdrawl, an online listing of who has deposited what, so a guild could manage it, meaning more oppertunitys for deposit/withdraw (backed up on a home pc,)
yeah i'm pretty bored
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Dec 21, 2005, 06:47 PM // 18:47
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#7
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Desert Nomad
Join Date: Aug 2005
Guild: DVDF(Forums)
Profession: Me/N
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Cash cash and cash. If your budget can stretch, get a second account and use it to store the additional money.
Or hope that AN will increase the limits for cash storage both on characters and in Xulani.
Shards seem to be pretty stable +-500 but you need a lot to store the extra
tbh with Japan and Taiwan coming on stream any materials prices are volitile. At least with cash you can use that to trade in the FOTM items/Mats.
Never really worked out why the 1 mill limit. It can't be to save database space as there is no difference in the amount of bits requried to store 1m than say 2m
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Dec 21, 2005, 06:49 PM // 18:49
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#8
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Desert Nomad
Join Date: Oct 2005
Location: Titusville, PA <nowhere>
Guild: KOD <Knights of the Dragonrose><Guild Officer>
Profession: W/Mo
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Ectos. Simply put, you can hold stacks, and they go for approx ~10-14k.
Safest route, imho. Stack those up, and hold em in storage. If you get to the point where gold is exceeded, invest in the ectos.
At least, I would anyways...if I ever hit that much
--The Shim
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Dec 21, 2005, 07:05 PM // 19:05
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#9
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Desert Nomad
Join Date: Aug 2005
Guild: DVDF(Forums)
Profession: Me/N
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Thing is, a month ago ecto was 15K, now it's 10. for every 10 you bought you have lost on paper 50K.
Of course it works the other way round, but imho ecto is very risky. Of course it depends on how much you money need to store.
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Dec 21, 2005, 07:12 PM // 19:12
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#10
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Wilds Pathfinder
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1 Million plat?? do you mean 1 million gold (1 thousand plat).
you rich vertual insanity people are all crazy.
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Dec 21, 2005, 07:17 PM // 19:17
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#11
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Did I hear 7 heroes?
Join Date: May 2005
Guild: Scars Meadows [SMS], Guild Leader (Not Recruiting)
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Two words: Black Dye
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Dec 21, 2005, 07:20 PM // 19:20
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#12
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Desert Nomad
Join Date: Aug 2005
Guild: Scars Meadows [SMS], Retired Officer
Profession: W/
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3 words: give to strider.
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Dec 21, 2005, 07:20 PM // 19:20
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#13
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Desert Nomad
Join Date: Oct 2005
Location: Titusville, PA <nowhere>
Guild: KOD <Knights of the Dragonrose><Guild Officer>
Profession: W/Mo
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Quote:
Originally Posted by Racthoh
Two words: Black Dye
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I'd agree except the fact they upped the droprate on the dye for black, so I'd assume the market is going to go down on it.
Here's a thread on that issue:
http://guildwarsguru.com/forum/showt...ighlight=black
Well, at least even if it isn't true, the dye market is worse at expanding and decreasing over Ecto market is. So if dyes were constant, I'd agree Rac
--The Shim
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Dec 21, 2005, 07:31 PM // 19:31
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#14
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Frost Gate Guardian
Join Date: Sep 2005
Profession: E/Me
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There is nothing that would be 100% safe. Weapons and to a lesser extent runes will be less valuable because of people wanting the new ones. Dye's will do the same thing.
Ectos and Shards will most likely drop in prices because people will want new armors and why wouldn't they create new crafting materials for them. Rubies and Saphires should go up in prices since they are a higher priced item with no purpose and makes sense that they would give them a purpose now.
Myself, I'm just spending every coin I have over 1.4 mil on anything that catches my eye. And buying up enough of the existing crafting items so that I will have a solid base for new items and my new characters.
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Dec 21, 2005, 07:34 PM // 19:34
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#15
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Academy Page
Join Date: Sep 2005
Profession: W/Mo
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Hi,
I have a similar thread going over in the Q&A section:
Economics & Ectos!
Just discussing the ways in which a game *commodity* can drop or climb in value. . .
I lost over 500k+ by not playing the market properly, so I am giving the old *wealth storage* thing a closer look myself. . .
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Dec 21, 2005, 07:51 PM // 19:51
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#16
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Did I hear 7 heroes?
Join Date: May 2005
Guild: Scars Meadows [SMS], Guild Leader (Not Recruiting)
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Something tells me if you have a full storage of gold, 400k on your characters... I think it's safe to say you could afford anything that might come in chapter 2. Monstrous items are stackable, cheap, and one can expect they should have a point in chapter 2. I think that would be your best bet.
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Dec 21, 2005, 08:00 PM // 20:00
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#17
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Hall Hero
Join Date: Jul 2005
Location: California Canada/BC
Guild: STG Administrator
Profession: Mo/
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I hope superiors come down as well as the gold drops increases or the 15 K armor becomes cheaper to buy.
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Dec 21, 2005, 08:12 PM // 20:12
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#18
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<3 Ecto
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Quote:
I hope superiors come down as well as the gold drops increases or the 15 K armor becomes cheaper to buy.
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Why lol? So everyone who cant afford it can and thus punish the wealthier players who do not want fow armor. I would rather there be an inbetween armor where it costs say 500k for a set. Also the runes arnt that over priced. E.g. the monk ones are mainly for farming so chances are you alredy have a char for farming so 50k is not that much.
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Dec 21, 2005, 08:44 PM // 20:44
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#19
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Wilds Pathfinder
Join Date: May 2005
Location: Port Orchard, WA
Guild: The Second Foundation: [TSF]
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The only real "safe" item(s) (besides gold itself) would be the simple rare crafting materials that do not vary in price - Delimor Steel, Vellum, etc. There isn't any real huge demand for those items, no major spikes in prices (unlike monk runes, for example). They are stackable, and relatively expensive, where one stack can hold well over 100K each. Do not (IMO) buy into the sexy crafting materials that are not being used, and only rumors and player speculation maintain prices. Buy stuff people use to craft 15K armor, materials that are used every day and don't vary in price.
Speculating on prices on highly volatile market products (ectos, dyes, runes, etc) to try and "bank" your cash is an oxymoron.
Study the prices of an item for a week or so, track it's pricing, and buy it when it's either below average, or average in price. Do not buy when the prices start to creep up.
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Dec 21, 2005, 09:28 PM // 21:28
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#20
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Frost Gate Guardian
Join Date: Jun 2005
Guild: Crystal Mansion [CM]
Profession: W/
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Quote:
Originally Posted by Mimi Miyagi
The only real "safe" item(s) (besides gold itself) would be the simple rare crafting materials that do not vary in price - Delimor Steel, Vellum, etc. There isn't any real huge demand for those items, no major spikes in prices (unlike monk runes, for example). They are stackable, and relatively expensive, where one stack can hold well over 100K each. Do not (IMO) buy into the sexy crafting materials that are not being used, and only rumors and player speculation maintain prices. Buy stuff people use to craft 15K armor, materials that are used every day and don't vary in price.
Speculating on prices on highly volatile market products (ectos, dyes, runes, etc) to try and "bank" your cash is an oxymoron.
Study the prices of an item for a week or so, track it's pricing, and buy it when it's either below average, or average in price. Do not buy when the prices start to creep up.
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I'm pretty sure rare crafting materials DO vary in price...
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