What are we going to do with money?

I think the OP title should be: What are we going to do FOR money?

Was confused when i saw it in the forum listing.

Anyways check out the farming section of the forums, Rangers are taking a larger role in farming these days until they get nerfed that is....

Some people are more lucky than others in drops. One thing. Others just don't know how to make money at all... o.o

Seems to me heroes == huge money sink.

If heroes were per account instead of per character it would seem a bit easier on the pocket book.

My advice... just be frugal. Get by with what drops for you and if you find something you can farm... the farm the hell out of it and NEVER ever tell anyone about it.

Id have no problem farming in groups if the drops were this good. Group farming would take the tediousness out of the whole ordeal and make it hard for bots to make any sort of money. I alway really enjoyed 5 man SF runs while they were profitable. As long as they are making soloing impossible they might aswell make 5-8 man groups profitable.

Heroes will only be a big money sink if you allow it to happen, heroes don't need to be decked out in perfect gold items etc as long as they have a good variety of skills and some collectors stuff they will be perfectly fine.

I dont think you need to farm for money...
1.I get all my salvage and Id kits from the imperal commondatins in factions
2.You dont need gold items, arena net also thought of this, The new salvage options, so now you dont need to buy that 20k gold, just make your own with what you salvage.
3.You should easily be able to get that 1.5k armor instead of the 15k, they are just as good
4.If you buy all 800 skills, of course you are broke, ANYONE IN THE WORLD WOULD BE BROKE!
5. if its that big a deal, just ebay

by far, not true.

VERY poor advice.


that having been said, BY FAR the most important way to make money...is to save money.
dont spend it on stuff you want, untill you have the stuff you need
i dont care how wealthy you are, if you buy everything in sight, you will eventually go broke. even i have to prioritize which items i want, and (most of the time) refrain from getting copies of already possessed item...because, its a waste of money. and every now and then you need it for some things.
i assure you, it doesnt take much to survive in this game, so long as you arent spending money left and right on stuff thats not really going to improve your character.
Period.

IMO having all 800 skills is a must..how can you play properly if you are limited to a few skills.

just though of sumthing EBAYING IT lol jk

The thing I love about heros is that Purple and Worthless green items can be put to good use now.

Instead of buying an item, whenever I find a purple item or gold item that would have gone to the merchant, I just give it to my hero. It's that simple!

I wonder FoW farming still works for ranger...

Anyways, I suggest you just play the game normally and pick up drops. Already finished the game? Do the bonus or get masters. Money comes very easily in this game.

I progress into the storyline and pick up gold I get along the way. I also sell my mini pets :P. Besides that I don't need anything else. You don't need to buy 'Retardedly Expensive Green Wand of Weakness' You can get a duplicate which is blue and sometimes even better. Same with the 15k armor. You only need 1.5k armor. It makes no difference in stats.

There's always the FoW solo spider build for warriors and 3-man trapping for rangers if you have them. If you don't I think what would be best would be like what 4sassin said to be tight with your money, even though I could never do it because I am bad at saving >.<

Pick up everything and sell it, builds up after time especially if you have to redo areas for quests and such, or if you fail a mission and have to repeat it. See it time and time again when players don't pick up the whites or stackables and then complain that they never have gold.

And it the later areas of the chapters, ID your white items. Always good to see a white sell to the trader for well over a hundred gold when it would've only been half that had you not IDed it.

I salvage everything..my mat storage is near full already.

Thats what Anet wanted us to do since day one, in the end you will get some perfect green and have accumulated many other things along the way. By introducing the broadwalk right before NF, anet managed to stabilize the economy a little to make prices lower, since so much gold went out to npcs, whereas before NF and broadwalk prices were insanely high, 100k +50 ecto for some high end items, and with many new people, how are they meant to afford anything? Now that there are so many greens and perfects everyone can benefit and have perfect gear.

Or think ahead.... and take advantage of the times. I bought TONS of ectos when they dropped to 3k right after Factions released. Now, I have a ton of them, but sadly, I am going to get male dervish fow armor, so alas, I will soon be broke. Play the market. You can easily make enormous amounts of gold playing the traders, the players. I call it Kingpinning the market. I bought 250 of each type of jewel when they were 2.6k-3k ea at the trader. I resold MANY of them yesterday for 3.5-3.8k to the trader. Total Profit= 300k+

I will not give my market strategies out, that would eliminate my kingpin on it, but.... if you learn how the supply and demand track systems work in the economy, you can control the rare mats market. Skins are still worth a lot of money, and with customizeable stats, you can now create a high powered RARE skinned item and still sell it for a lot of gold.

when did they ever drop to 3k? the cheapest ecto i have ever seen is 4.5k
and if you really know about economy, you should know that if people can't make money they can't pay you high right? if ppl can't farm, they can't make money so they can't pay you. 99% of the old rich players neither quit or stop caring items anymore. how can you expect to ask 100k+xxx<3 digits atleast 100ecto here> from them since they can't make money anymore?

no offense, but these numbers hardly make you a kingpin, nor do they indicate that you could control the rare material market (i assume you're talking abotu rubies/saphs/ecto) for more than a minute or two.
hell, even i could not "control" the rare material market for more than a few days or hours, pretty much no one individual could.
if you could get enough wealthy players to do the same thing at the same time, and then gradually release more of that particular material onto the market over a pre-determined period of time, you could control the prices of that material, but only for a limited time, and it would cost an ABSURD amount of money to pull this off.
however, if those same people then reinvested in that same material, bought them back up from players at reduced costs, then they could make a substantial profit.
the problem is the organization, time, dedication, risk and followthrough that this would require would not only be extremely difficult, it would probably not make the previously mentioned profit worth the work involved. those same wealthy players would probably make more spending their time trading than doing this.
overall, i think you'd be lucky to make a 10% margin off of this strategy.
(i would hazard a guess that dumping 50million worth of ecto would be enough to influence [not totally control] prices for a few weeks, probably not more than a month, and you'd probably be lucky to make a 5-7mil profit from doing it.

MUHAHAAHAHA
Its easy to make money in GW, there is no need for farming, i have always made sufficient amounts just playing the game, helping guild members play they're game.

Making money isn't to tough
1)Kill monster until they drop things for you
2) if it was a white item weapon that you don't intend to use, use an expert salvage kit on it. (swords, axes, daggers, metal shiney things)
3) Take your steel ingot that you don't need and turn it in for gold
4) profit

Or if your trying to make armor repeat through three until you reach number four.

I made 43 plate today since the price of steel went up and i had 216 in my vault. The reason? I knew nightfall was coming and i don't run and change my armor to the new 15k every few months.