How do people get their money?

terminus123

Lion's Arch Merchant

Join Date: Aug 2007

N/Me

Well, I play a good amount on GW both, pve, pvp, and sometimes farming. I never seem to get as much money as other people (you know the people with like 300 ectos or FOW armour, even 15k armour). I really want to get for the first time full or atleast mostly 15k armour for one of my characters, assassin. I would just like to know what are some good ways to get money fast?like say around 80k.

Malice Black

Site Legend

Join Date: Oct 2005

Farm
Trade
Get lucky with a drop
Ebay
Scamming
Duping
Bots
Runs
Charging lazy people to do missions/quests/runs etc for them

^^^ most common

Biostem

Biostem

Jungle Guide

Join Date: Oct 2007

Here are a few key things:

1. You need to trim down your party size. If you can solo, great, if you can make do w/ only 2-3 people in your party, that's good too. A smaller party means fewer mouths to feed, so everyone gets a bigger share of the loot.

2. Know where to hunt - this is more a matter of knowing what enemies can be defeated quickly and easily, yet still yield good rewards.

3. Salvage & use freebies - in Factions and later campaigns, you can earn little trinkets for completing missions, that can be traded for more useful things like ID & salvage kits. Use these instead of buying the kits, and salvage relatively worthless items to crafting materials. Since you can store 250 units of crafting material in only 1 square of storage, it means you can hold more wealth in a smaller space. You also may get a rare crafting material, which can be used towards that more expensive armor or sold for more gold. Selling large bundles of extra crafting material can get you pretty good gold as well.

4. Price things & check online - you may be able to trade some stuff enemies drop for more valuable items, or an item that sells for very little at a vendor may be worth a lot to other players - look online for these things and you'll do well.

Hope that helps.

Smile Like Umean It

Smile Like Umean It

Desert Nomad

Join Date: Jul 2006

E/Rt

Go check out the farming section if you don't mind farming and make sure to check out the price check section too. It comes in hand a lot.

Onarik Amrak

Onarik Amrak

Forge Runner

Join Date: Mar 2007

Astral Revenants

P/W

Quote:
Originally Posted by Malice Black
Farm
Trade
Get lucky with a drop
Ebay
Scamming
Duping
Bots
Runs
Charging lazy people to do missions/quests/runs etc for them

^^^ most common
Endorsed by Malice! It must be good!

...Don't do it unless you want to be banned.

cosyfiep

cosyfiep

are we there yet?

Join Date: Dec 2005

in a land far far away

guild? I am supposed to have a guild?

Rt/

'free' treasures in nightfall.....with multiple characters times 13 of them.....

Coloneh

Coloneh

Furnace Stoker

Join Date: Nov 2006

D/W

power trading is about the only decent way that you can actually make money in GW today. farming is kinda dead.

gremlin

Furnace Stoker

Join Date: Oct 2006

GWAR

Me/Mo

80k is pretty easy to make making 80k quickly is harder.


I still make my money by farming I find it more interesting that trying to sell to players.

Kill everything
Bring Back everything "or as much as you can"
Id it
sell it
repeat

If it has usefull runes or inscriptions extract them and use to mod gold weapons"
When perfect they are worth selling.
The Gold weapons come from the free treasure chests in NF

Fast Shootin

Pre-Searing Cadet

Join Date: Oct 2007

R/E

Hey terminus123 ill pay you money for helpin me with missions on GW;F

strcpy

strcpy

Desert Nomad

Join Date: Jul 2005

One of Many [ONE]

If you solo farm you should be making 10k/hour or so, much more than that do not talk about it as it will be nerfed, any less and you need a better spot (assuming your main goal is gold - I have places that make 6k/hour but give me a much higher xp/hour for skill hunters that still need skill points). 10-15k has seemed to always be where Anet wants to the farmers to stay.

Almost any decent hard mode place will give you that and every class in the game has a few spots that can do it. Peruse either PvXWiki's farming builds or (IMO better, though less organized) farming forums on this site.

Next, farm. It doesn't take much - lets say you just farm 15 minutes a day. Even very casual players can do so, when I'm looking to increase my funds I do one farming run when I start a gaming session and one when I end. If I choose them well that is a 10-20 minute commitment. With 15 minutes a day that means you will make 25k in 10 days, 50k if you can go the full 30 minutes (remember, you just need to *average* this amount of time - an hour every other day is the same as 30 minutes a day). As such it doesn't take but a few months to get into the multi-hundred platinum range.

Add in treasure chest in Nightfall (the ones you do not need keys - a full clearing of them is 30+k your first go, though it degrades each with each chest opened so try and stay in the higher end ones), trading in quest rewards for their maximum value, and just playing the game and it isn't that hard. If you really want gold for the higher end items then you move into power trading but you will have to talk to someone else about that.

Of course, the real secret is not spending it. It is easier to spend 20k/hour than it is to make 10k/hour. Set yourself goals and follow them. *Only* purchase necessities if you are below a certain level of funding (and do not rationalize it, you know if it is a necessity or not). Once you go over that level *then* decide if you really want said items or not - more often than not you not only find you could live without them quite well but you want something else. This is where the vast majority of people fail.

Personally I like about 200k in the bank along with putting whatever crafting materials I happen to find and can fit into the crafting storage (excess goes to the trader) - once I decided on that number I reached it in about a month to 1.5 months of just normal playing (farm some, play some, trade some, etc). I have not gone above 250k in the year since then and am currently sitting at 197k

the_jos

the_jos

Forge Runner

Join Date: Jun 2006

Hard Mode Legion [HML]

N/

Just play the game and don't spend gold on things you don't need.
That's all you need to do to get 15K armor (except Vabbi) in a reasonable time (no, reasonable is not a day, not even a week...)
As strcpy stated above, setting goals and sticking to them is key.

pkodyssey

pkodyssey

Wilds Pathfinder

Join Date: Nov 2005

In a cardboard box with Internet

The Order of the Frozen Tundra (TofT)

N/

I usually only break out the 55 Monk when I need to collect drops for holiday events. However, you can easily make fist fulls of coin farming undead in HM. It took me 3 or 4 runs to figure out how to do it effectively, but now its second nature. In 3 or 4 runs you have 8-10K, mods, runes, insignia's, collectable drops and usually a few golds.

55 builds are all over the wiki's (New/Old/PvX).

Go forth young man/woman. LOL

Olim Chill

Olim Chill

Wilds Pathfinder

Join Date: Oct 2007

USA

DMI

N/

Quote:
Originally Posted by gremlin
Kill everything
Bring Back everything "or as much as you can"
Id it
sell it
repeat
That's generally the ticket. Also, use expert salvage kits to extract materials from "highly salvageable" items, as well as mods and runes from others (when sensible).

fujin

fujin

Krytan Explorer

Join Date: Apr 2007

Hong Kong, all the way in Asia :O

Officer of United Jedi [UJ]

E/

When using the Expert Salvage Kit for rare materials, you may want to keep in mind of what you can get from it. e.g. Ruby Mauls and Daggers have a small chance of giving you a Ruby, which is a lot more expensive than the other Rare Materials.

RG450

Pre-Searing Cadet

Join Date: Oct 2007

Pick up every item dropped that you don't need and sell it. If you pick up stuff with runes, price check the runes at the rune trader; some runes are worth more than the whole item if you salvage them (some aren't, however, and you've just gotta sell the item as it is).
Dump every gold you get into your Xunlai chest and forget about it, too. It's the quickest way to save.
Instead of buying ID kits and salvage kits, trade your monastery credits for them.
Collector items, like jade bracelets, etc. stack up pretty quickly and are usually worth decent amounts of gold by themselves. The best part is, multiples of those only take up one inventory slot, so you don't have to drop or ignore other items.

Charge other players for your in-game seminar on how to make lots of gold fast by selling perfect 15^50 Rainbow Vacuum Cleaners of Fortitude door-to-door.

Quaker

Quaker

Hell's Protector

Join Date: Aug 2005

Canada

Brothers Disgruntled

I mostly made money simply by playing the game. Also, vanquishing areas in hard mode can net you a lot of good stuff which you can sell.

There's two main approaches:

1. While playing, pick up all your drops. Sell most of the stuff to the merchant, but identify stuff and sell any good weapons and mods to other players. Identify any 'colored' armor, especially 'blue' armor as it's runes are often worth the most . Check the price of any runes before you salvage them, as any rune that sells for 100g or so, you will only get 25g from trader - so, often the armor is worth more than the rune.
Many people don't bother to pick up the crap white stuff, but it does all add up.

2. This requires that you spend some time selling stuff - buy keys/lockpicks and open chests (primarily in the later stages of a chapter/expansion). Most of the stuff you get is crap, but overall, between the good mods and the occasional good drop, you can make lots of money. (mostly do this in Nightfall and EoN to get newer, inscribable stuff). If you combine this with #1 above, the drops will basically pay for the lockpicks.
Btw, many people get all twisted up about whether or not their lockpick breaks when they use it - don't worry about it. You basically have a roughly 50% chance of breaking a lockpick - that simply equates to paying 750g for a key.

While I was vanquishing Elona (and parts of Cantha & prophecies) I got lots of good drops and items out of chests. I would sell lots of stuff on Guru Auction - mostly just in the 1-5k range, but it all added up real fast. At one point I had to start buying ecto because I couldn't keep any more gold in storage. Lately, I've been spending more gold than I've been making, but I see no reason to keep it beyond the release of GW2. So, just yesterday I got the rest of the FoW armor for my Mesmer (I had the chest piece). (I've had FoW armor for my Ranger for a long time and got my Warrior's during Nightfall.) Now I'm down to about 180p and 18 ectos

Of course, it helps if you have a lot of time to play. If you are short on time, you may need to resort to farming, etc.

teenchi

teenchi

Lion's Arch Merchant

Join Date: May 2005

PST

Heros of Titans Realm [HotR]

W/Mo

Free chests in nightfall pay out about 13k in cash. Run them with all characters. You also get gems from some chests. That's how I make money bc I hate farming. I just hit the chests once a month. Once you've done them a few times you start getting purple weapons instead of gold and less money but it's a good way for fast cash if you have played through nightfall.

Nian

Nian

Wilds Pathfinder

Join Date: Mar 2007

Finland

R/

Even just playing PvE with multiple characters is a good way of accumulating gold.

Dante the Warlord

Desert Nomad

Join Date: Jul 2006

W/R

This topic has been around a lot, but ill still help out...

Nightfall chest runs are by far the easiest way to get money. It takes about a day or so, but you can get nice fortunes, especially since a few of the chests are SO easy to get to.

Then when you finish hunting, sell those golds and make more profit. You could possibly make around 100k if lucky! But think around 70k profit, selling golds, and hopefully not getting any armors, worthless usually unless you get a superior vigor rune.

dies like fish

Jungle Guide

Join Date: Jun 2006

Winter Wonderland [brrr]

W/E

halls drops are good for making cash if you want to go through that boring sensation

Rothaga

Rothaga

Lion's Arch Merchant

Join Date: Mar 2007

D/W

I used to be strapped for cash too, was rich, but spent a little too carelessly, and needed some gold for my primeval armor. I'm pretty sure I merched some very valuable items without realising it, but recently I came across a runic blade. Just keep up with farming.

baz777

baz777

Jungle Guide

Join Date: Dec 2005

South East England

Leader: Lady Hairy Armpits S[mell]

E/

I farm.

HM Hulking Stone Elementals (Sardelac Sanitarium) netted me about 300-400k
I posted a guide here if anyone is interested: http://www.guildwarsguru.com/forum/s...php?t=10185317

Farming Destroyer Cores, (NM first wave of Glint’s Challenge) netted me about 250k

Farming Char Carvings at the moment, which will net me, about +200k come Christmas.


Farming is tedious and boring but if you want gold then it is one option that is still viable.

Trading is, as mentioned, another source of gold income but you must know the value of items.

And no, I don’t farm all the time on GW, only about 25%. Wanted, and got last week FOW armour, so is unfortunately a necessity.

joemanstar

joemanstar

Krytan Explorer

Join Date: Apr 2006

Los Angeles

Lost N Found [失蹤港人]

R/Me

UW or FoW solo or 2-man farming
DoA 3-man farming
Dungeon farming
Chest Running in Final area of each chapter
Vanquishing Map


Remember do all these in HM

jaeharys targaryen

Wilds Pathfinder

Join Date: Oct 2006

USA

Picnic Pioneers[asian characters]

E/Mo

a quote:
me: (to guild)how'd you guys get so much money?
(r7 glad):just ebay it, man


imo farming is the way to go:
its best to not farm materials.
idc how easy destroyer core farming is, but the drop of a gold is abotu 1000x better than a rare material dropping(same with ectos, imo)
i do zehlon reach, occasionally some moebius+db

pkodyssey

pkodyssey

Wilds Pathfinder

Join Date: Nov 2005

In a cardboard box with Internet

The Order of the Frozen Tundra (TofT)

N/

Don't forget to ID you white drops from Kryta/Kaineng/Yolon Haven forward. You can usually double the value of whites, if not at least increase the profit.

I usually buy Superior ID Kits, just because they are more convenient. It cost 5gp per ID compared to 4gp for a regular ID kit.

jaeharys targaryen

Wilds Pathfinder

Join Date: Oct 2006

USA

Picnic Pioneers[asian characters]

E/Mo

Quote:
Originally Posted by pkodyssey
Don't forget to ID you white drops from Kryta/Kaineng/Yolon Haven forward. You can usually double the value of whites, if not at least increase the profit.

I usually buy Superior ID Kits, just because they are more convenient. It cost 5gp per ID compared to 4gp for a regular ID kit.
QFT

iding whites is teh hax

Master Sword Keeper

Master Sword Keeper

Krytan Explorer

Join Date: Sep 2006

Dead Isle

Farmers Of Woe [FoW]

W/

Find an area to which has a high rate of gold drops...

For me it's an area in Factions which is near impossible to farm.
Yet i get 3-5 golds a run. Lots of Sup vigors =)

Have fun and GL!

quickmonty

quickmonty

Ancient Windbreaker

Join Date: May 2005

Quote:
Originally Posted by Dante the Warlord
This topic has been around a lot, but ill still help out...
This question has been asked since the start of GW two and a half years ago, and the answer is still the same ......



play the game

Sir Seifus Halbred

Sir Seifus Halbred

Wilds Pathfinder

Join Date: Oct 2006

Quote:
Originally Posted by Malice Black
Ebay
Scamming
Duping
Bots
I don't think these are very good suggestions....

Sephiroth Istari

Sephiroth Istari

Lion's Arch Merchant

Join Date: Sep 2006

i find chest running in hard mode to be beneficial. i also solo farm

KANE OG

KANE OG

Banned

Join Date: Oct 2005

Ogmios Graybeards

W/

Did I post in this one already? Dunno... but good God man! Read the forums. Don't ask a question... READ.

The game's over 2 years old. Wouldn't common sense tell you this question's been asked and answered a thousand times?

KANE

Xx_Sorin_xX

Krytan Explorer

Join Date: Dec 2006

W/

GWEN is a great place to make money. From dungeons, including quest reward, hidden treasures, and random drops, I usually make atleast 3-5k a dungeon. While its not particarly fast, it does add up if your trying to fill up a master dungeon guide to maybe max a title. I was filling one up and realized I had gained 60k in a few days from just doing dungeons on NM.

Sacratus Ignis

Jungle Guide

Join Date: Jun 2007

SCAR

E/

agreed on the dungeons. never got a good drop from end chests, but in beating every dungeon on NM and HM (got legendary master of the north), i racked up some gold on chests etc

Crom The Pale

Crom The Pale

Furnace Stoker

Join Date: Nov 2006

Ageis Ascending

W/

Fast is a missleading verb when it comes to making money in GW.

There are some means of building vast fortunes in extremely short time frames, provided youve already spent a large amount of time on building your char, buying weapons/armor/runes/skills/elite skills/consumables and exploring maps to find the right farm spots/runs/vanquishing/dundeons/quests.

In general it will always take a fairly long amount of time and effort to amass wealth in GW, however once you reach a certain point it does become much easier and faster to build wealth as youve reduced the amount of spending needed and time invested to aquire that money.

VaMpIrE|OrD

VaMpIrE|OrD

Krytan Explorer

Join Date: Jun 2006

United Kingdom!

Acolytes Of Anguish [aOa]

W/

I'm not a big fan of farming im more of a merchanter but a lot of my mates are the opposite and they seem to make enough money out of farms from the farming thread, but it is better to do the ones when they just come to the forums because drops will still be hihg for around a week but after everyone farms it the place slowly becomes quite bad for the time vs money.

Horseman Of War

Horseman Of War

Desert Nomad

Join Date: Jun 2006

The Cult of Doom

P/

a new guy in laZy was asking the same thing last night, and got a lot of responses. After a small discussion on it, it was decided that Drok Running is the best way to make money in the smallest amount of time. A 'pro runner' in our guild says he makes 200k+ on a good day of dedicated running (figure this: 5 customers @ 2k a run= 10k per run = 10k per 20 minutes roughly- sometimes more sometimes less but this is a fair estimate)

Other than that, I cant think of anything that hasnt already been said upthread.

Personally, my main source of income has always been selling zodiacs simply from doing Deep runs a million times, and farming golds/mods/shillings/colossals in zhelon (saying colossal farming doesnt quite cover how good that farm can be)

And yes if you have nightfall, it is definately worth it to spend a day getting all Hidden Treasures across your chars.... but depending on how many chars you have, this really can take all day...

qwe4rty

Krytan Explorer

Join Date: Oct 2005

Texas

Brewed to Perfection [BtP]

Mixture of farming and trading:

Farm for a bit, id everything (even whites) to give them higher values, and sell.

Fly between LA, Kamadan, sometimes Kaineng, though not as often, and look for items people are selling underpriced. Stock up on these, and sell higher later.

Ectos can be decent too, buy around 4.5-4.6 k, and if you hang around LA, Kamadan, or ToA, you'll sometimes find those people that need ectos NOW and will pay 5k.

Also, hope you get lucky w/ bday presents

Dante the Warlord

Desert Nomad

Join Date: Jul 2006

W/R

Im not sure if IDin whites and blue and stuff nets you any profit, ive been told on guildwiki that its more of a loss since the added money is not more then the net loss

payne

payne

Desert Nomad

Join Date: Apr 2007

england (currently located on the south coast)

R/

my old running service ^^ restarting soon hopefuly :P

Crom The Pale

Crom The Pale

Furnace Stoker

Join Date: Nov 2006

Ageis Ascending

W/

The question of wheather or not to id white items has been raised several times.

For the most part is a matter of luck.

If you get 25 white drops and id them all there is a chance some of them will dramatically increase in price, up to double thier listed value.

In my testing I found about 5-7 of the twenty went up 20g+ while the rest only increased 1-2g. This works out to a small increase in gold income even accounting for the cost of the id kit.

If you happen to have factions and can farm some monestary credits for free id kits then you should use them on every item you intend to sell.