calling all GW millionaires!

Antheus

Forge Runner

Join Date: Jan 2006

People who are stinking rich did not strike it big from a random drop.

This is the type of person that sees oportunities and follows up on them. Selling an item for 1 million will make you instant millionaire. But 2 weeks later, you'll be poor again.

But the really high-end players will know how to constantly turn profit out of everything.

But as always, it takes money to make money. Farming - is not the way to make money. It's merely something for the upkeep. If you want to be rich, you'll need to understand how to use farmers to your advantage. They influence the prices of everything, yet make only marginal profits. But someone who understood the market, bought dozens of sup vigors once NF launched and made over 10k profit for each one of them once prices settled back.

Someone else kept investing into rubies and saphires during the period of 1.5 years. Now, their worth tripled without them doing anything.

This is where the true wealth comes from.

Phaern Majes

Phaern Majes

Desert Nomad

Join Date: Sep 2005

Anywhere but up

The Panserbjorne [ROAR]

R/Mo

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.

Domino

Domino

Lion's Arch Merchant

Join Date: May 2005

Houston

A/Rt

yeah I made my first million from amber easily.... until it crashed. It was that stupid Faction Farming weekend or something that ruined it and it never went back up.

VladDrakken

Frost Gate Guardian

Join Date: Sep 2006

Drakken Death Dealers

N/W

I've been playing GW for 10 weeks now and I can safely say that I've reached the million mark less than two months playing this game without Ettin runs, material price rollbacks, 55-farming, FoW, Ecto-Ruby-Sapphires and chest runs.

I did it through merchanting.

Now, I know that some of you might say its taking an advantage over people who dont know the prices, but merchanting is more than that. Its actually a skill of getting the lowest price possible, trying to break the seller into giving in. Sometimes you win, sometimes you lose. I'd also like to second what one guy here said about establishing a relationship with the farmers and other traders/collectors because you need them to succeed. Besides, if someone is asking 10k for a Bone Dragon and you paid it, would you consider that taking advantage? Its not your right to actually say "Oh, it cost more!" ... its not the way it works. People that have bought houses, cars and other real life properties will support me on this.

I do, however, try to share my wealth these days since someone showed me the same kindness I'm showing when I was new. I've given away 5k to each guildmember last Thanksgiving, helped a few random people obtain max armor, give weapons to those who needs it, free runs to Vabbi (via the Desolation route), free green weapons, host live auction (thanks to those who attended last Sunday) and help new players in Chahbek Village. I also try to educate farmers/sellers whenever they ask for price checks ... but guess what? They still sell it to me way below street value.

All in all, its really easy to make money in this game by just hanging around the major trading cities.



Vladimir Drakken
Merchant Guild

jonnybegood

jonnybegood

Wilds Pathfinder

Join Date: Jul 2005

huh?

The Final Exodus[FX]

I have gotton about 200k from getting grandmaster on a couple elonian characters. I just played through and cleared zones as I mapped and played the game. everything went to the merchant and heros.

Lilanthe

Lilanthe

Lion's Arch Merchant

Join Date: May 2005

Farming Flesh golems in Perdition rock with the buggy Baltazar Aura a little while after release.

And sold alot of 15>50 at the time of "The Great Inflation" period ( In May-June 2005, when a sucky 15>50 with a nice skin could go well above 100k )


I also did alot of Ettin Farming for runes (never got a superior vigor though T_T)


And then I made a fortune with my mini pets.

KamikazeChicken

Desert Nomad

Join Date: Aug 2005

Mo/

Playing the game normally; what a shocker.

Hauki

Frost Gate Guardian

Join Date: Feb 2006

Abq.

Mostly Harmless [MH]

Mo/

Don't know if anyone mentioned this, but I made about 2.5 mil off Balthazar's Flames from that one weekend - sold a full stack of flames at 10k each, plus got a bunch of unlocks for myself on the side from the leftovers.
Made a bunch off of amber right after Factions came out, and another fair chunk gambling on rubies & sapphires before Nightfall.

Jumping Is Uselss

Jumping Is Uselss

Jungle Guide

Join Date: Sep 2005

-... . .... .. -. -.. / -.-- --- ..-

I'm not a hardcore farmer who knows tons of solo builds but I've farmed vermins, ettins, minos and shirokins and made 10k a day and by 2 months I've gotten 1 mil. Surprisingly just playing the game can get you rich. When I beat NF I sold 3 book of secrets for 40k ea and at least 10 runbies and saphires.

Drazaar

Academy Page

Join Date: Dec 2006

Generals of Dwayna

N/Mo

I sympathise with the no luck. Ive played forever, solo necro farming, chest running determined quester.

Although im happy im not broke and happy to think I consider myself broke when I have 100k in my bank and have to be careful on spending. Ive never landed anything that would gain me over 60K from a single sell -_-.

To date since playing from beggining to now I havent even pulled one superior vig drop yet

I keep trudging along though. I figure like everyone I just need that one good luck hit to gain my solid footign on the cashflow.

valtonray

Frost Gate Guardian

Join Date: Oct 2005

Nashville TN

LFG

N/

i hit my first million farming rare skinned gold items then if needed i'd replace mods to make them perfect and resell them for massive profit using auctions.

Fates

Wilds Pathfinder

Join Date: Jul 2005

Kanuckistan

Mirror of Reason [SNOW]

R/

I have 210 rubies and 210 Saphire that I bought for less than 2k each and would love to sell them but I have no room for the gold. I dont think ecto prices are going to be stable much longer.

Astro Pubes

Frost Gate Guardian

Join Date: May 2005

Houston, Texas

Gwen Is [EVIL]

Quote:
Originally Posted by King's Spectre
Etting farming? Young wipper-snappers. I made 100's of plat from Tengu rune farming back in the day. 55hp farming with a warrior - a thing of beauty.

*waits for the old giant and zealot farmers to jump in*
Ahh.. I too made a decent amount of money from the Tengu's outside of Riverside prior to the AoE nerf,and the introduction of those blasted mesmer tengu's. The good ol' days. Other then that, buying/selling materials solo farming FoW, green items and just playing the game with my guildies and friends. And also farming IDS back when they were worth something.

Pro-Monk

Frost Gate Guardian

Join Date: Dec 2005

Farmed Grawl Necklaces last Wintersday event and amassed 2000 Candy Canes. Used about 50 myself and sold the rest for 1K each, you do the math. Nowdays I often max my account in gold (8 Characters). Still have 450 CC's, WTS 1k each lol.

Russell.Crowe

Lion's Arch Merchant

Join Date: Aug 2005

used to make 600k in 3 hours solo farming the popular worthwhile greens early in factions

shardfenix

shardfenix

Banned

Join Date: Dec 2005

Il Power Overwhelming Il [HaX]

Quote:
Originally Posted by dbulger
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?
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.

KamikazeChicken

Desert Nomad

Join Date: Aug 2005

Mo/

Quote:
Originally Posted by shardfenix
You honestly think people can earn a million gold and spend it on one item? You don't earn money that quickly.
Quite a few power traders would beg to differ.

shardfenix

shardfenix

Banned

Join Date: Dec 2005

Il Power Overwhelming Il [HaX]

Quote:
Originally Posted by KamikazeChicken
Quite a few power traders would beg to differ.
Maybe, but to me, a "game" isn't standing in a chat room spamming WTS day in and day out. I actually do things.

byteme!

byteme!

Forge Runner

Join Date: Jan 2006

On Earth

W/P

Quote:
Originally Posted by shardfenix
You honestly think people can earn a million gold and spend it on one item? You don't earn money that quickly.
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.
You don't make any sense at all. First you say it's not possible for people to blow 1mil and make it back quickly and then when someone says differently you change your story. So the answer is "YES" people can make alot of money quickly even after spending a large amount and "NO" you can't and won't because you just don't want to. No need to correct me I read you loud and clear.

I Brother Bloood I

I Brother Bloood I

Banned

Join Date: Jun 2006

Good question

Made 1 mil off of early sskai farming.
Made 1 mil off of early vera farming.
Made 1 mil off of secret koosun farming build (which eventually leaked).
Recently made 1 mil off shak jarin farming.(same as sskai took over the market early selling each at 50k each still trying to get one for myself ><)

Firebaall

Firebaall

Krytan Explorer

Join Date: Sep 2006

lol...

I predict a flood of "OMG, I got hacked threads".

Isn't this what exactly happened to that guy that was giving away FOW armour? Advertise what you have, and some scum bag will put your name on his hit list.

I Brother Bloood I

I Brother Bloood I

Banned

Join Date: Jun 2006

Good question

Made 1 mil off of early sskai farming.
Made 1 mil off of early vera farming.
Made 1 mil off of secret koosun farming build (which eventually leaked).
Recently made 1 mil off shak jarin farming.(same as sskai took over the market early selling each at 50k each still trying to get one for myself ><)

greyf0x_f0x

greyf0x_f0x

Krytan Explorer

Join Date: Jun 2006

UK

DVD Forums [DVDF]

Mo/Me

Well, I've only ever actually hit the 1kk mark twice, once in the early days of SF (when prices were insance, and my bonder was in high demand), and at the release of Factions (solo farming a couple of greens). But far more fun than that, is my latest venture. I just checked how many commissions I've done, and it turns out I've made over 1.2mil from painting digital pictures - not that my storage ballance shows it >_<.

Count to Potato

Count to Potato

Jungle Guide

Join Date: Feb 2006

Imagination Land

I Swear She Was Eighteen [Gwen]

W/

The chests uptated to place specific and key specific, the invention of a chest run led to many golds and splunder!

HawkofStorms

HawkofStorms

Hall Hero

Join Date: Aug 2005

E/

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.
Completely incorrect. The reset the OP is talking about occured about a year before that one and there was no roll back for it wasn't a glitch. It was done intentionally to stop dye price over inflation.

Also, to the OP, how did the post items into presearing allow people to make huge money? So people where able to sell bags and runes of holding at inflated prices to people in pre, that doesn't mean somebody make hundreds of ectos off of it.

-.-

-.-

Banned

Join Date: Oct 2006

Quote:
Originally Posted by dbulger

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)
I was on it happened, but I was in Temple of Ages when someone announced that the Trader NPCs were reseted. Basically, I barely made anything from it.

Quote:
Originally Posted by dbulger
2. invention of the 55 monk and solo farming in the early days
Made only 250k from 55 Monking; 900k from Solo farming.

Quote:
Originally Posted by dbulger
3. farming greens when they first came out in sorrows furnace
Didn't make any money off that.

Quote:
Originally Posted by dbulger
4. invention of the droks run!! though i don't know the prices it started off at
Never wanted to do this run, but I ran other places and made a good amount from that.

Quote:
Originally Posted by dbulger
5. bringing back post-sear items to pre
Nope.

Quote:
Originally Posted by dbulger
6. grinding it out 2 man style in FoW for months on end.
Never tried.

Quote:
Originally Posted by dbulger
7. finding a titan gem from domain of anguish
Domain of Anguish is a waste of time and effort.

Quote:
Originally Posted by dbulger
8. finding a crystalline sword
No.

Quote:
Originally Posted by dbulger
9. finding an elemental sword
No.

Quote:
Originally Posted by dbulger

what else can you add?
Green farming in Cantha and Elona.

jas002

Ascalonian Squire

Join Date: May 2006

E/Me

Farming in the ToPK, made a lot of money selling victo's axes and shields.

scyfer

Krytan Explorer

Join Date: May 2006

Quote:
Originally Posted by dbulger

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
Half of this list is nonsense :/ #1 wasn't true (it wasn't the mat reset - was rune reset....), droks run prices are the highest NOW, and were fairly cheap in the past (inflation... supply...), you can't do #5.....

And a contribution: when collectors items (clothes) became salvagable - big profit for some people.

And FYI at least half (more imo) the time "predict the market" flops. For example, someone mentioned buying sup vigors before NF came out and getting rich off of them. Fact: Superior Vigors were 30-33k before NF came out, and a bit higher along the few months before. Fact: Sup Vigors DROPPED in price the first 2 weeks NF was out and they're just now going back up. I'd probably never gamble like this, not that I can afford to (skill caps for all skills on lots of characters cost a lot >.>)

@Firebaall: Exactly what I was thinking too.

Fluffyx

Fluffyx

Krytan Explorer

Join Date: Jul 2005

Courtney PantsuLand

Death By Teazu [TEA]

W/Mo

I've made my money a few different ways.

Farming SF back when greens where over 100k+e
Farming FoW
Selling minipets
Faction Farmed amber for awhile back when it sold 4k+
Raisu/FoW chest runs.
Power selling for awhile.
Green farming on my sin

Sadly I wasn't one of the lucky people who got stacks of rares for 100g. I feel kind of cheated that I missed it and other people cashed in while nothing was done about it. But oh well I have made a few million my way. :P

kade

Lion's Arch Merchant

Join Date: Oct 2005

Currently residing in ToA dis 1

Mo/

buying ecto at 5k...selling at 8-9k...repeat every few months.

Priest Of Sin

Priest Of Sin

Jungle Guide

Join Date: Dec 2005

Sitting upon Kerrigan's Throne.

Live For The Swarm [ZERG]

Me/N

Back in the DAY (like way back), I made lots of loot from Droks Runs (I did them for like 9k a pop during the off hours where there were lots of peeps wanting runs, but few runners. And this was back when it was very easy. Compared to now, at least)

Selling the 4 HoD swords i'd gotten for my characters. I swapped them out for wands and a 15%^50 axe, but I just threw the swords in my storage. Pretty cool finding out you have around 4 mil sitting in your storage xD

Finding that 14% while enchanted crystaline the first time I went into HoH and won. Sold for 100k+150 ectoplasm, as I recall.

Materials crash, I grabbed up 4 stacks of shards.

Ettin exploitation (yeah, I used it)

Griffin Power Farming (which later turned into Vermin Power Farming)

Queen farming with my duo build (1 mm, 1 ss) back when Kephkets refuge was around 20k a pop.

Getting Kanaxi's axe, hammer, and sword the first time I went to the Deep. Yeah, the party was POed :P

Dye farming in Pre-Searing (which I still do when i'm bored)

Getting Urgoz Longbow the first time I went into Urgoz Warren.

Farming around 70 Sskai's Swords before the build became well known and they still went for 40k.

Getting Bortak's Bone Staff and claw when I went into SF.

Getting Victos Bullwark the 4th run in UW2, and getting the Axe on my 6th run.

AND FINALLY: I noticed the trend that Anet nerfs something huge at the release of a new expansion, so I farmed 20 hours a day for a whole week (4 hours of sleep a day... at day 7, I wasn't a pleasant person) before the NF release.

And if you think i'm BSing you about being very lucky the first time I do things, you're wrong. I've yet to get another green from the elite missions... I exhaust all my luck on the first go

Absolute Destiny

Absolute Destiny

Wilds Pathfinder

Join Date: Sep 2006

Oklahoma City

Forgotten Realms [FR]

W/

Quote:
Originally Posted by dbulger
5. bringing back post-sear items to pre
Tangent, but do you mean ANet making post-searing items available in pre-searing, or players taking items they found in post-searing and somehow sending them to their pre-searing character?

Rain Knight

Rain Knight

Site Contributor

Join Date: Nov 2005

Australia

[KATE]

R/W

Quote:
Originally Posted by Antheus
People who are stinking rich did not strike it big from a random drop.

This is the type of person that sees oportunities and follows up on them. Selling an item for 1 million will make you instant millionaire. But 2 weeks later, you'll be poor again.

But the really high-end players will know how to constantly turn profit out of everything.

But as always, it takes money to make money. Farming - is not the way to make money. It's merely something for the upkeep. If you want to be rich, you'll need to understand how to use farmers to your advantage. They influence the prices of everything, yet make only marginal profits. But someone who understood the market, bought dozens of sup vigors once NF launched and made over 10k profit for each one of them once prices settled back.

Someone else kept investing into rubies and saphires during the period of 1.5 years. Now, their worth tripled without them doing anything.

This is where the true wealth comes from.
from all the post above, i think this really stands out.....to me anyways..he knows how traders act and feel


5k hours? nah..i thought mine was a lot..and judging from the fact that i started 14 months ago....
Rare mat reset? no
HOD? no
and out of that 1.3k hours (assuimg 100hours used during afk for 14 months), i believe the 1k hours were used trading and stocking up on things....so yes trading is my game...but im only active trading during hols....not when i've uni, during those times i only pvp in RA just to entertain meself
(its really a joke that i just manage to finish the first round of factions just 3 weeks ago..and if you'd ask me right now, i havent even finished prophecies campaign yet..still stuck and struggling with Defending of Droks quest..and for NF...the PVE is really awesome i must admit, just started playing some quest yesterday and now im just arriving the quest where Koss went missing...quite sad isnt it ><.....)
..and hence farming = not at all...the only time i did a chest run was when i was hyped bout sephis and i tried the build to check the difficulty of the run...
ebaying? no...but im just curious how it feels like ebaying gold..might try it and buy some gold someday before i quit

and to one of the above post, yes, people do blow a few million on something they really like to keep as collection and then try to earn the gold back again...

idiosyncratic

Academy Page

Join Date: Oct 2006

Lots and Lots of Drago Flatbows...

Dark Divinor

Dark Divinor

Ascalonian Squire

Join Date: May 2006

England, Stoke on Trent.

New Dragons[NDR]

W/

Heh, back when farming was very profitable I managed to break the 1mill barrier...twice.

Since 2-3 months before NF, my cash has plummeted. Now I only have 60k. Though my friend is farming me some Ectos/Shards, which should get me to around 140k-ish.

Rain Knight

Rain Knight

Site Contributor

Join Date: Nov 2005

Australia

[KATE]

R/W

golden key to wealth:
earning money is easy seeing so many have manage to break the million dollar barrier, but saving them is the really hard part..

capitalist

capitalist

Furnace Stoker

Join Date: Jun 2005

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.

Maria The Princess

Maria The Princess

Forge Runner

Join Date: Mar 2006

Aequitas Deis

made my first "big" money in ToPK when Victos items were "precious" and SF

then after prices droped did so many naphui chest runs i cant count. Celestial items were in style then

then i did alot of runs (mostly to sanctum or to LA, i never tried runing Droks cuz i didnt have a warior at the time, and now that i have one i wouldnt bother cuz i saw how many skilled runners failed after the AI nurf)

after i got bored i took my monk to the Deep and sold plenty of nice Zodiaks for insane prices (too bad theres not 1 sinlgle soul there now, even the merchant looks like hes about to map away)

did 1 55/SS UW run per day (or per day when i log in) to keep my budget up (not every day that i got a gold req 9 zodial whatever) on bad weeks

and now since i cant remember when was the last time i did any of this im down to 20k

*sigh* my rit will be waiting for a VERY long time to get her FOW cuz i have no idea or motivation to farm anything. not to mention the chest nurf that makes me want to scream. that was so wrong! they should have at least leave the high end chests (like fOW, UW etc) as they were

Rain Knight

Rain Knight

Site Contributor

Join Date: Nov 2005

Australia

[KATE]

R/W

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.
LMAO!

which chest was it and how many stacks did ya get then?

G_MAGNUS

G_MAGNUS

Lion's Arch Merchant

Join Date: Oct 2005

La Legion Del Dragon [LD]

W/

Quote:
Originally Posted by scyfer
Half of this list is nonsense :/ #1 wasn't true (it wasn't the mat reset - was rune reset....), droks run prices are the highest NOW, and were fairly cheap in the past (inflation... supply...), you can't do #5.....
#5 was a temporary bug that got fixed where players could take post items into pre, didn't last that much though.

As with the rest, I spent a pretty penny with all those, back then, newly released greens from Sorrow's and Cantha. Also did some group farms of FoW & UW, for some reason I'm very unluck in drops when I try to solo them. I've yet to get an ecto and my shard count is stuck at 5 total from my solo runs, but I can usually count on 3-6 of each if I go in group, go figure.