"Those kids and their get-rich-quick schemes" xD

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

Got any Guild Wars gold-making tips for a noob?

flclisgreat

Krytan Explorer

Join Date: Oct 2007

been using this avatar IRL for ever

No I Wont join your guild[stfu]

D/

trade chat. it is your friend.

Arkantos

Arkantos

The Greatest

Join Date: Feb 2006

W/

1) Buy item for cheap
2) Sell item for more gold
3) ????
4) PROFIT!

Darkobra

Darkobra

Forge Runner

Join Date: Aug 2006

Scotland

Type like an idiot, I'll treat you like an idiot

E/Me

Kill stuff.
Sell what they drop.

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

One pro'lem. I don't have anything valuable to sell. Hence the self-title "Noob"

flclisgreat

Krytan Explorer

Join Date: Oct 2007

been using this avatar IRL for ever

No I Wont join your guild[stfu]

D/

oh. then kill stuff and sell what they drop, till you get enough to buy low sell high. (i started with 50g, so you can do it)

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

Haha, that's good to hear. I have 122 gp. ^.^

Another question: what is considered a lot of money in GW?

flclisgreat

Krytan Explorer

Join Date: Oct 2007

been using this avatar IRL for ever

No I Wont join your guild[stfu]

D/

over 1 million i would say

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

*Begins to sweat* Well.... I'm gettin' there...

Maybe I should've asked it this way: what would you guess is the average amount of a money the average player has?

CyberMesh0

CyberMesh0

Jungle Guide

Join Date: Jul 2005

Charter Vanguard [CV]

N/Me

One tip I can give is to identify everything- even whites, as long as they come from lvl 20 areas. Your profit margin over not IDing at all easily covers the ID kits.

Oh- and keys don't exist.

Darkobra

Darkobra

Forge Runner

Join Date: Aug 2006

Scotland

Type like an idiot, I'll treat you like an idiot

E/Me

Quote:
Originally Posted by CyberMesh0
Oh- and keys don't exist.
Best advice ever.

Cale Roughstar

Cale Roughstar

Desert Nomad

Join Date: Jan 2007

Canada

Guy In Real Life [GIRL]

W/E

The average player is poor as a church mouse, but you only need money to buy the things that you want. If you want a req9 Eternal Blade and a tyrian crystalline, then you will NEVER have enough money. Most players however, do not need these to be happy.

Try and set yourself a reasonable goal in your money-making endeavors. Start with something simple, like 50k. Then make that 200k, then 1 million. You will be surprised by how quick your bank account grows.

The REAL secret to making money in GW though, is to have fun while doing it. If it feels like work, work for real money . Pick something that you have fun doing, and you make money while you do it. Granted, Power Trading will make you the most money, but will you have the most fun doing it? That is the real question.

h9dlb

Lion's Arch Merchant

Join Date: Oct 2007

Leeds England

W/

spamming in kamadan is boring and people rarely ever buy stuff - they just look and then say they havent got enough money, despite the fact you spammed the price at the outset

Tyla

Emo Goth Italics

Join Date: Sep 2006

play the game and only get what you need
for cash - farm farm farm farm farm farm farm

HuntMaster Avatar

HuntMaster Avatar

Wilds Pathfinder

Join Date: Feb 2007

Around

Pillar's of Earth [ROCK]

W/

if you have nightfall, the desolation is a good spot, farm undead, obelisks, margonites as the wurms. i make between 20-40k per week and i suck at farming.

Jumping Is Uselss

Jumping Is Uselss

Jungle Guide

Join Date: Sep 2005

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

Make a dervish then do Shiverpeak Tours, easy 50K+ in an hour.

Vitas

Vitas

Academy Page

Join Date: Jul 2007

[formerly] Tombs of the Primevals - healing B/Ps that try to be meat shields and pwning Darknesses

/agree
Quote:
Originally Posted by tyla salanari
play the game and only get what you need
IMHO - There is really very little that you *need* to play the game that will increase your effectiveness in terms of spending. Pretty much everything that you *need* drops in one or more places.

You will spend a little if you don't want to wait for a max weap, rune, inscription or insignia etc to drop. Consumables cost a little more but still a small price in the grand scheme; (... and they aren't really needed by more than the very casual player.)

Afik extremely costly elite armor contributes absolutely nothing to playing the game itself that you cannot get from normal max armor.

IF you *want* better looking gear and armor OR if that is helpful in the social &/or *role-play* elements of your game then:
Quote:
Originally Posted by tyla salanari
for cash - farm farm farm farm farm farm farm
Quote:
Originally Posted by Neal
what would you guess is the average amount of a money the average player has?
Personally, I had a couple hundred thousand gold with nothing to spend it on so I buffed ALL my hero's armors with runes, insignias and etc. That didn't use all the gold and I've never found it necessary to manage my gold well. For instance, I buy skills that I don't need and never use so that I can "say" that I have them.

So recently I was down to +/- 70k in reserves and bought a bunch of lockpicks for some chest running. Now I have +/- 20k and I'm not in the least worried about not having more... there's nothing to really spend it on! I wouldn't be very concerned about only having 5k.

For my comfort I'd say 8k-20k in reserves is what I shoot for.

If there is a special weap/armor/mini-pet that you have your eye on, then use the hints from this and other threads at Guru & build up your reserves while you keep your eyes open to see the going price for whatever it is.

Expediency, status and aesthetics are the only reasons to spend gw gold in large amounts. -V

iridescentfyre

iridescentfyre

Desert Nomad

Join Date: Mar 2006

W/

Quote:
Originally Posted by flclisgreat
over 1 million i would say
Over 1 million isn't even close to necessary for most players. Unless you just can't live without Obsidian armor and insanely rare weapon skins, you never really need to spend over 100k on anything all at once.

Neal, as a new player your first priority is to get max armor and max weaponry with good runes and upgrades. This is not particularly expensive. There isn't much variation in this game between good and bad weapons--rarity and appearance tends to dictate price. Gear with max effectiveness can be bought cheaply. Once you've played through the game a time or two, learned how to make money, etc, that's when you should start worrying about using vanity items.

Sir Seifus Halbred

Sir Seifus Halbred

Wilds Pathfinder

Join Date: Oct 2006

Quote:
Originally Posted by Neal
Got any Guild Wars gold-making tips for a noob?
Search is your friend, click me!

the_jos

the_jos

Forge Runner

Join Date: Jun 2006

Hard Mode Legion [HML]

N/

"Q: Another question: what is considered a lot of money in GW?
A: over 1 million i would say"

Don't agree on that.
I'd say above 100K can be considered a lot but it's not that hard to get that amount when you play/trade right and don't spend gold on useless things.
I would view 'a lot' as the amount that you can buy stuff for in the game at NPCs.
And the highest priced items, besides FoW/Vabbi armor and perhaps destroyer weapons, would be regular 15k armor.
Prices for those armors are around 100K for the total.

Some titles cost more, but can be obtained over time.
And 100K+ weapons can only be found on the player market making them less accessible to the general crowd.

angmar_nite

angmar_nite

Jungle Guide

Join Date: Feb 2007

[SNOW] of [YUM]

E/

Your average guru visitor has maybe 50-100k. Your average wealthy has way above that.

Shadow Spirit

Shadow Spirit

Krytan Explorer

Join Date: Mar 2006

Chicago

your cat eats dog food [pup]

N/E

There's really no reson to hoard gold in this game. Get enough to get what you NEED, Max Armor and Max Weapons (both of which can also be obtained from NPC collectors in exchange for certain monster drops.)

When you find something you WANT, a certain weapon or armor skin, use one of the many available farming techniques to raise the funds.

Since you're new, just worry about enjoying the game your first time through. There will be plenty of time to get the fancy stuff later.

I was on my 3rd character before I could afford a set of 15k armor. Now I have 10 characters with multiple sets. You'll get there.

Enjoy the game and Welcome...

englitdaudelin

Krytan Explorer

Join Date: Jul 2006

East Coast

Soldier's Union [SU]

N/Me

I found that playing through the game, as noobtastic as I was at first, still yielded me enough money to buy what was absolutely necessary: materials and armor, blue 5k collector weapons, and kits. The rest...is gravy.
I was level 20 before I had a green or gold weapon. I was level 19 before I even understood what those WERE! (like, the sword is gold? ooooh, purdy!)

If you have multiple campaigns, the quest reward gold will pile up quickly in your pockets. If you just have prophecies, the original campaign...patience, my friend, is necessary.

Sell your drops to merchies, identify everything, and don't buy what you don't need.
The trade chat in some places is tempting, but if you ignore it, you'll save your money.

Covah

Forge Runner

Join Date: Aug 2006

Ontario, Canada

Catching Jellyfish With [소N트T ]

Me/Rt

Most of the guildwars community has never seen over 500k before. To play the game all you really need is max armor and max weapons. People just spend alot of money to get shiny weapons or new weapons.

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

Thanks for the help, guys.

Okay, then, here's my deal: I'm a level 4 warrior in Prophecies with Eye of the North, wearing the armor I started the game with. What kind of purchases should I make and when should I make them?

PS - What is farming? Is it buying low and selling high, or is it literally farming crops?

Covah

Forge Runner

Join Date: Aug 2006

Ontario, Canada

Catching Jellyfish With [소N트T ]

Me/Rt

Wiki is your friend.

Farming is the killing of monsters for the purpose of gathering items, experience, gold, Faction, or promotion points and is considered to be one of the quickest and easiest ways to amass wealth. Often you will find parties (especially in the harder areas of the game) searching for people to go farming with them.

Malice Black

Site Legend

Join Date: Oct 2005

1mill is poor. You're classed as rich when you hit double figures.

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

Quote:
Originally Posted by Covah
Wiki is your friend.

Farming is the killing of monsters for the purpose of gathering items, experience, gold, Faction, or promotion points and is considered to be one of the quickest and easiest ways to amass wealth. Often you will find parties (especially in the harder areas of the game) searching for people to go farming with them.
Oh, okay. Thanks, but could you answer my other question too, please?

angmar_nite

angmar_nite

Jungle Guide

Join Date: Feb 2007

[SNOW] of [YUM]

E/

Follow the storyline. Save all items. Get the best collector weapons you can for the area. If you get any truly rare weapons late in the game hold onto them, use them, salvage their mods. Buy armor often but later on you can get collector armor.

Dervish Kid

Dervish Kid

Krytan Explorer

Join Date: Aug 2007

Florida

D/

Quote:
Originally Posted by Darkobra
Kill stuff.
Sell what they drop.
Sell stacks of consumables for starters i guess.

Quaker

Quaker

Hell's Protector

Join Date: Aug 2005

Canada

Brothers Disgruntled

Quote:
Originally Posted by Neal
Okay, then, here's my deal: I'm a level 4 warrior in Prophecies with Eye of the North, wearing the armor I started the game with. What kind of purchases should I make and when should I make them?
You are probably still in "Pre-searing" so your choices are limited. At this point in the game you should mostly be concentrating on doing quests to level up your character and gain experience and skills. I believe there is a weaponsmith in Ascalon who you can get to craft you new weapons, but another way to get better weapons is just from getting drops from enemies and by opening chests. You won't get large amounts of money in pre-searing (although finding a black dye would help).

Try to get to at least level 8 before going through the Academy - that's the place where the NPC warns you you will leave everything behind.

Once you go through the Academy you will start the real game in Post-searing Ascalon. Two of the first things you'll want to do are to talk to the Xunlai storage agent to get access to storage, and talk to the [armor] NPCs in Ascalon City to get better armor.
As you go through the early stages of the game (post searing) you will find that the amount of gold you get increases along the way. You will also need to upgrade your armor occasionally, until you get max armor (at Droknar's Forge)

I realize that at this point you are picking up like 3 gold at a time a wondering how you can ever afford those 15k items people are selling. But, later on, the amount of gold you get by simply playing the game increases by quite a lot.
And despite what some people say here - buy and use keys. Chests are like a box of chocolates......

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

Actually, I'm already in post-searing. I've participated in the Wintersday events and everything. I saw the armor merchant, I just wasn't sure if it was worth the money to buy armor so early in the game.

And what's Max Armor?

Quaker

Quaker

Hell's Protector

Join Date: Aug 2005

Canada

Brothers Disgruntled

Quote:
Originally Posted by Neal
I saw the armor merchant, I just wasn't sure if it was worth the money to buy armor so early in the game.

And what's Max Armor?
As you go through the game, the armor level (AL) of the armor increases. For example, the armor available from the armor crafter in Ascalon City has a higher AL than the armor you started with. In fact, one of the armor NPCs in Ascalon gives you a choice of two ALs. Refer to this: http://gw.gamewikis.org/wiki/Armor_%28rating%29 for more info.

It's generally speaking worth the money to upgrade your armor whenever possible. You can do this by buying new armor or by getting new pieces from collectors. Better AL means you can survive better, thus making more gold, faster.

At any rate, there is a maximum to the Armor Level for all classes. Once you get to Droknar's (in Prophecies) you get armor with the maximum AL. After that, you get into 'vanity' armors that have no better AL, but look fancier (or not, depending upon your own taste. )

Stump Water

Pre-Searing Cadet

Join Date: Oct 2007

NC

E/Mo

Quote:
Originally Posted by Darkobra
Quote:
Originally Posted by CyberMesh0
Oh- and keys don't exist.
Best advice ever.
Why........?

Xylia

Frost Gate Guardian

Join Date: Jul 2006

The Pond [pond]

N/Me

Quote:
Originally Posted by Stump Water
Why........?
If you are trying to save money, buying keys generally results in a loss, as the item you find from a chest is almost never worth the cost of the key.

ty3c

Wilds Pathfinder

Join Date: Jun 2005

Quote:
Originally Posted by the_jos
"Q: Another question: what is considered a lot of money in GW?
A: over 1 million i would say"

Don't agree on that.
I'd say above 100K can be considered a lot but it's not that hard to get that amount when you play/trade right and don't spend gold on useless things.
I would view 'a lot' as the amount that you can buy stuff for in the game at NPCs.
And the highest priced items, besides FoW/Vabbi armor and perhaps destroyer weapons, would be regular 15k armor.
Prices for those armors are around 100K for the total.

Some titles cost more, but can be obtained over time.
And 100K+ weapons can only be found on the player market making them less accessible to the general crowd.
Id say if you have 100k+ you rich

if you have over 1,000 plat your ELITE rich

and if you have over 1,000 plat plus ectos, plus the best stated swords n axes your a GOD among guild wars

Coloneh

Coloneh

Furnace Stoker

Join Date: Nov 2006

D/W

Quote:
Originally Posted by Jumping Is Uselss
Make a dervish then do Shiverpeak Tours, easy 50K+ in an hour.
shhhhhh!!!

dont tell anyone....

Neal

Ascalonian Squire

Join Date: Dec 2007

United States

Fire of the Covenant

W/Mo

Quote:
Originally Posted by Swift Thief
i think the best way to gain stuff is to just go around asking for free stuff
Haha, call me Noob to the MAX!!!

I'll probably just progress through the game and pick up some dough along the way. If anyone wants to meet me in-game and, well, y'know...*cough*gimme all yo money*cough*, it'd be greatly appreciated.

Musei Karasu

Lion's Arch Merchant

Join Date: Nov 2007

Mo/

Quote:
Originally Posted by ty3c
Id say if you have 100k+ you rich

if you have over 1,000 plat your ELITE rich

and if you have over 1,000 plat plus ectos, plus the best stated swords n axes your a GOD among guild wars
Most rather rich people with over 1000 plat worth of stuff don't keep 1000 plat sitting around in their vault. I know I'm worth far over 1000 plat, but if I've got more than 500k pure sitting in storage it's for a very specific reason(elite armor or short on ectos). I would say to be rich, the easiest way to tell is to buy an ecto and if you don't notice a plunge in your funds you're rich.

I personally enjoy playing the market. Investments and the like. Others may not. Find what's fun and set a goal, nothing more to it.

Rexion

Rexion

Wilds Pathfinder

Join Date: Aug 2007

[Luck]

E/

Here are some tips and tricks on how to make money, and keep it.

- Keys are okay to use if they are drops off of enemies. After a week of buying and using keys, you will probably notice your money amount going down. After you sell all those items, your funds will be less than you started. Almost always this will happen.

- Save, save, save. Don't waste your money on unmeaningful things.
[EXAMPLE] If you want colored armor, don't go for red, white, or black dyes. I'd advise: green, purple, yellow, orange, brown, and orange. The dyes other dyes usually go for 200g or more, and after buying 5 of those (4 if you are an ele) will cost 1k for just 1 set of armor.

- Buy the armor you can buy first (in Ascalon City, Shing Jea, and Kamadan), then wait till you can get Max Armor. Constantly buying armor ever moment you can just wastes money. The cost to get materials you don't already have adds on to getting new runes and such. If you really feel the need for new armor every chance available, just get collectors armor.
[HINT] You may even be able to get through a whole campaign with one of the first available armor sets. I'm attempting to go through all of Nightfall without buying Max Armor; this will allow me to save up for 15k Sunspear.

- Farming is your friend. Just get some heroes (if you have GWEN or NF) and some Henchies and run around and kill things. Having an added quest onto that will help as well . You can get a solo build for your class off of PvX (even though some people oppose using PvX for builds). An Invisi-Monk is always a good farming. There are otehr great builds that can be used.

- Whenever you get an item, Identify it with and ID Kit. Make sure it is an item you got from an area where level 20s roam around, or you'll just be wasting money. After awhile, the money you make from merchanting/selling those items will overcome the cost of the ID Kits and you'll make a good profit.