Folk Tale: Where is it now? (March 2017)
1 day ago
Welcome to your go-to Guild Wars 2 Gold Guide!
"Hi Markco,Referring to your tip on buying heavy crafting mats bags. Ever since you posted that, I has become unprofitable. Same is with every strategy that you publish. You claim, people would leave those markets alone after a while but first, I don’t want to wait a while and second this is not always the case, some markets get ruined by your posts for months or even longer. Yes on very rare occasions you warn the members of the forum but you still ruin those markets for people who discovered them themselves. So here comes my request:
Please, please, please do not recommend buying crafting bags that give linen scraps on your blog!They are on the way to becoming unprofitable anyways, so leave it alone. This is one of the last comfortable and easy ways to make gold. It takes no brain, it takes very little time, and yes there are a lot of other great strategies but this one is my current favorite and I don’t have so much playtime at hands to fall back to other strategies, like forging minor sigils and runes or low level armor trading. And I am not the only one who feels that way. So please, for the sake of those who are smarter than the stupid sheep who do just anything that you post on your blog:Please, please, please do not recommend buying crafting bags that give linen scraps on your blog!I wish you would stop all your activities on your blog, I don’t see the point, the only thing you get is luring people into buying a subscription to your forum, which is nice, because you earn money, and a lot of attention and admiration for your work. But you are inflicting a lot of damage on the economy in doing so.Best,[I'm going to leave this anonymous as to not embarrass the sender]"
That's awesome Sarah! I try very hard to convince people to find their own path, but to lean on me for inspiration/advice. That is exactly what you've done and someone new could learn a lot just from reading that paragraph."Hey There Markco,
I thought I would give you an update on how I have been getting on with your advice and in general, well you'll be pleased to know I have made some quite considerable coin in profit now and have also gained some quite important insights and experience. One I think anything that is posted here from your fair hands tends to work for a little while and then begins to become less lucrative as everyone who comes here decides that's what they are going to do.
So I have got smarter, I researched as to why you were picking such markets, and began to experiment and diversify out, I now have several markets and a add three or four each day, generally in smallish amounts while I test them out. I am thinking the TP is going to be an ever changing beast and so need to not carry a glut of all the same stock but lots of quite a few. Then I store em, I have noticed that when you put a large amount on you get undercut, and eventually the price drops too much. So I store in my bank put two or three on, I never seem to get undercut and if it drops too much I just hang onto them.
I also had an excel spreadsheet made, this works out when I enter the cost and sell price of the item, how much the TP Fee's are, gives me profit, and also tells me the absolute rock bottom price I need to sell to break even as well as generally if I salvage whether it will make a profit or a loss. So thank you very much, I am very grateful and even after such a short time I really feel like I am making progress...
At least for a girly girl! *grins*