I’ve been following the advice of my recent five stage flipping article to make gold in Guild Wars 2. So far things are going really well, and I’ll be writing up a detailed report on the forum as soon as I’ve finished selling everything. For now, let’s focus on helping you pick your markets.
Here’s how I went about identifying markets to play:
My goal was to make reliable returns, regardless of how large or small the profit margin was for each item. I found a remarkable trend when I focused on this goal: usually I would make around 50 silver to 1 gold per day for each of these items. So let’s say I flipped a dye that earned me 20 silver per flip. In the end, I would manage to get around 5 buy orders and 5 sale orders per day. Then there would be a really inexpensive white item that would get me 4 copper per flip. Selling 250 at a time, I would manage to sell around 10 stacks over a 24 hour period. That’s a gold right there. One last example; I was placing 250 buy orders on certain armor that I could flip for 2 silver profit. I literally was able to buy 187 pieces of the armor in a night, then sell all of them in 2-3 days. That’s 3 gold 74 silver profit for very little time invested.
In the end, I want to be making 50 silver to a gold minimum for the time I invest into each market. While that is sinking in, also consider how much gold I’m investing in these markets. The first example is around 5 gold invested for 1 gold profit. The second was 1 silver invested per 4 copper made, so that’s a total of 25 gold invested for a gold returned! Finally, my third example was 1 silver invested per 2 silver earned, so I literally was doubling my investment (1.8 gold to 3.7 gold).
So yes, I am willing to invest 25 gold in order to make 1 gold RELIABLY. Same mentality for a market that’s doubling my gold. What really matters to me, above all else, is making sure that I don’t get ‘stuck’ with inventory that is taking forever to move. That doesn’t mean I’m impatient, as I’ll be happy to wait a few days for all my stuff to sell.
It takes experience and patience to learn which markets are worth pursuing. Take your time and enjoy the ride.