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Making Gold by Flipping Rings

I've recently been making an absolute killing with level 50 to 70 rings, amulets, and trinkets. Rings in particular though, followed by trinkets, and finally by amulets in terms of profit. Why? Demand from players who need two of something versus those that need one.

However, I have noticed something peculiar about amulets. The more expensive ones sell far more frequently than the rings and trinkets! I think this is due to the fact that you only need one amulet, so people pay the same for it as they would the other items.

Here's a screenshot of the first page of my buy orders today:

Buy Orders for Rings, Trinkets and Amulets
Remember that you can click on the magnifying glass at the top of the My Transactions tab to see what you're currently selling, buying, sold, or bought. It's a very handy page indeed!

Now, on to profits. I am literally making 2 to 3 gold every time I log in from these rings, amulets, and trinkets ALONE. This is on top of all the other items I place buy orders for, and I think that even after I post this market it will still be quite good.

A word of advice, don't just copy the markets I use. Your best bet is to take the idea of buy orders and go try it on something else, or modify my search. In this case, I'm using gold as my item quality, but maybe you can find green or blue have less profit but sell quicker (hint: they do).

6 comments:

  1. Anonymous said...:

    Thanks for the post. Today has been a good day for those that stacked up on Black Lion Chests. I was being dumb and only buying for 2c instead of 3c. I only ended up with roughly 1,250 stockpiled. I had planned to cap out at about 5,000. Oh well!

  1. Markco said...:

    Yeah it's nuts right now!

  1. Anonymous said...:

    Now I've find of found my own market to purchase from, and it works, but very slowly.

    I had two questions, if you're willing to answer Marko;

    Do you invest a lot of your gold into smaller priced trinkets with nice profits, but small numbers, or do you buy the more expensive single pieces, with small profit, but drastic changes in buy and sell prices.

    Secondly, how often do you wait on your buys to be filled? And if you do, do you have any tricks to speed that up?

    Thanks if you can answer!

  1. Markco said...:

    First: I'm trying everything and am not sticking to anything until I've tried it all.

    Second: I let them go overnight and cancel Unfilled in the morning.

  1. Anonymous said...:

    Appreciate it! That's kind of what I've got going right now as well. Sigils seem to be working pretty decent as well for right now.

  1. Jay said...:

    Great tip Markco, I have been trying it the last few days and most days I log in to a decent profit. Still trying to find other items that provide equal or greater profits :D

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