Merchanting

Legends

Legends

Academy Page

Join Date: Dec 2007

[Merc]

P/Rt

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

Join Date: Jul 2005

NA

N/Me

Buy low, sell high.

That's the just of all successful money making.

Gift3d

Gift3d

Forge Runner

Join Date: Feb 2007

Las Vegas

Enraged Whiny Carebears [oR]

W/E

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

Join Date: Jul 2005

NA

N/Me

Quote:
Originally Posted by Gift3d
...and only merch things that are popular and desireable...

You mean the opposite, right?

lietzaum

Frost Gate Guardian

Join Date: May 2006

VILE

N/

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

Join Date: Feb 2007

Trinity of the Ascended [ToA] | Ex-Officer [TAM]

W/

Low-end minis may be a good place to start off.

Albert Algorn

Albert Algorn

Frost Gate Guardian

Join Date: Apr 2007

Oregon, USA

MARA: Our Turtles Know True [LOVE]

R/Me

From what I have seen I would try going after armbraces and/or tormented gems to make gold...

captainccc

captainccc

Krytan Explorer

Join Date: Jun 2005

East Coast =D

Various GvG Guilds...Always Moving

Mo/

Agreed. Buy mini's for 10k or something like that and sell them for 5k higher, etc.

Dante the Warlord

Desert Nomad

Join Date: Jul 2006

W/R

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

Join Date: Mar 2006

Europe

Country Roads [HOME]

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