Merchanting

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Legends
Legends
Academy Page
#1
I've finally saved up 100K ( ) from farming, but it took over 2 months. I plan to make some money off merchanting, but I need some advice where to start.
Flem
Flem
Wilds Pathfinder
#2
Buy low, sell high.

That's the just of all successful money making.
Gift3d
Gift3d
Forge Runner
#3
Not much to it. Buy low sell high, and only merch things that are popular and desireable. And i hope you have a lotttttttttttt of patience.
Flem
Flem
Wilds Pathfinder
#4
Quote:
Originally Posted by Gift3d
...and only merch things that are popular and desireable...

You mean the opposite, right?
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lietzaum
Frost Gate Guardian
#5
yes if you don't have patience you will never be able to do this that is why i just can't do it
Steboy93
Steboy93
Furnace Stoker
#6
Low-end minis may be a good place to start off.
Albert Algorn
Albert Algorn
Frost Gate Guardian
#7
From what I have seen I would try going after armbraces and/or tormented gems to make gold...
captainccc
captainccc
Krytan Explorer
#8
Agreed. Buy mini's for 10k or something like that and sell them for 5k higher, etc.
D
Dante the Warlord
Desert Nomad
#9
Quote:
Originally Posted by Albert Algorn
From what I have seen I would try going after armbraces and/or tormented gems to make gold...
Bad idea, you haven't made enough money to get to that point and since the armbrace market is a bit unstable and decreasing, as soon as you buy one it could drop the very next day. (not to mention they are 100k+15e). Gems aren't great to sell, practically no one is buying them anymore and you want something that is easier to sell. I would definitely suggest farming the elona free chests, if you have nightfall. Trust me, if you build up more, you might be able to make a nice hefty sum of money when you power sell, instead of very measly sum at 100k, you will at max get maybe 100k more in the next months or two.

Also, remember to check the forums on price checking, there are a lot of noobs who find good stuff and sell for a very cheap price. If you find something for a potential profit, get onto guildwarsguru FAST check the PC forum for the stickies. If you see you can sell for a 10k profit buy it fast then port and sell to someone in Kamadan or L.A. (these two places are the only good places to buy/sell anymore) or come on here.
take_me
take_me
Furnace Stoker
#10
Or try crafting and selling Consumables if you have GW:EN
Trading minis is a good suggestion as well.

But the first step you will have to do is:
Watch the market and Know the prices