calling all GW millionaires!

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Antheus
Forge Runner
#41
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
#42
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
#43
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.
V
VladDrakken
Frost Gate Guardian
#44
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
#45
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
#46
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.
K
KamikazeChicken
Desert Nomad
#47
Playing the game normally; what a shocker.
H
Hauki
Frost Gate Guardian
#48
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
#49
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.
D
Drazaar
Academy Page
#50
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.
v
valtonray
Frost Gate Guardian
#51
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.
F
Fates
Wilds Pathfinder
#52
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.
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Astro Pubes
Frost Gate Guardian
#53
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.
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Pro-Monk
Frost Gate Guardian
#54
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.
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Russell.Crowe
Lion's Arch Merchant
#55
used to make 600k in 3 hours solo farming the popular worthwhile greens early in factions
shardfenix
shardfenix
Banned
#56
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.
K
KamikazeChicken
Desert Nomad
#57
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
#58
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
#59
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
#60
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 ><)