I'm on a mission to gain 10 billion

lol u would have to scam like crazy to do that

Barbarian - Dreamweaver wrote: »

I'm pretty constructive with my time. I afk in game and I do my school work. b:victoryb:victory

I would suppose you need to spend quite some time in game to be able to make so much coins? And are sales that good to make profits amounting to millions per day?

You speak of pre and post event trading. How about during events?

For full set nirvana, you will need uncannys and raptures that can't be bought with coins if there aren't any supply? I mean, it will take you quite a while to get them in other words.

ArchAngel - Dreamweaver wrote: »

I would suppose you need to spend quite some time in game to be able to make so much coins? And are sales that good to make profits amounting to millions per day?

You speak of pre and post event trading. How about during events?

For full set nirvana, you will need uncannys and raptures that can't be bought with coins if there aren't any supply? I mean, it will take you quite a while to get them in other words.

S> Raptures 3mil each, pm me

Chezedude - Dreamweaver wrote: »

S> Raptures 3mil each, pm me

You just got yourself a deal, my friend...in hell b:chuckle

how much you got at the minute
if you actually make it, im gonna do suicide on Harpy Wraith b:shocked

Ursa - Dreamweaver wrote: »

you don't have a clue how return of investment works, do you? Each day's profit will give you income the next day, and this spirals forever. You just need the time/patience/knowledge of the market to do it.

All depends on how much you invest and how much money you put in your merchandise.

But whatever, I'm not here to give business administration lessons.

Rule 1: it takes money to make money.

Nuff said there since "not a single thing" came from him cash shopping (as his first post states). Seeing the evidence he's either lying or a cash shopper.

Barbarian - Dreamweaver wrote: »

It's tempting but don't open them packs.

Aw, now you tell me. b:cry

Smobo - Heavens Tear wrote: »

So you're saying everyone in the game cashshops, because its imposible to make money any other way?

Also "It takes money to make money" is a saying, not a rule of economics. The more you invest, the greater your return, but you don't need money to make money. Everyone can grind and build up cash that way. And anyone with over 2.5k net worth can buy a pick axe and farm. This should build up enough starting capital to do some form of realistic merchanting in only a few hours.

No, I'm saying if you want to make 10 billion you need to be a cash shopper.

EDIT: same day he made this thread like 3 posts later he said he had nearly 2 billion (thus "starting" with 2 billion) the latest he's said he has about 2.5bil so he's been playing for 4 years and not spending anything or he bought it to start, because he obviously hasn't made 2 billion that fast. That is all.

Traz - Dreamweaver wrote: »

No, I'm saying if you want to make 10 billion you need to be a cash shopper.

EDIT: same day he made this thread like 3 posts later he said he had nearly 2 billion (thus "starting" with 2 billion) the latest he's said he has about 2.5bil so he's been playing for 4 years and not spending anything or he bought it to start, because he obviously hasn't made 2 billion that fast. That is all.

He started way back. Like 8 months ago. He said that in one post.

Traz - Dreamweaver wrote: »

Rule 1: it takes money to make money.

Nuff said there since "not a single thing" came from him cash shopping (as his first post states). Seeing the evidence he's either lying or a cash shopper.

Nah, he's one of my competitors, so I can vouch for him. There's just no way a mere cash-shopper could afford to compete with us free-to-play merchants.b:laugh

As for Rule 1, remember that it's all exponential. If you look at my old posts from a year ago you can see that I was earning 5million over the course of a month or so and thinking that was a lot. But once I started seriously re-investing my coins they started growing exponentially, and once that happens the sky's the limit.

So even though I'm sitting on about 1/2 billion at the moment, I know I'm nowhere near as competent as some others are at the trading game. For example, my cousin went from 0 to ~20million in his first month of playing without ever spending a dime, whereas it took me nearly 6 months to reach that milestone.

Solandri - Heavens Tear wrote: »

Those of us who've actually put some effort into merchanting know that it's entirely possible, just a matter of scaling up your operations. I've only spent $10 on this game, for a super inventory stone and some dragon orbs (before I knew better). That was before I even knew how to make a cat shop. Until my shop computer started crashing a couple months ago, my cat shop was bringing in 2-3 mil a day on ~20 mil in sales. It's not that hard, you just have to find a good market, a good location, and build up a clientele. In fact, I think that's the most valuable thing I've gotten from this game. Not the entertainment value, but the very real lessons in economics, the market, and running a business which I'm now trying to apply in real life.

I couldn't agree more. I spent about $30 on Inventory Stones and other miscellaneous items when I first started, but it soon became clear to me just how effective learning about the economics of the game can be.

It's honestly changed my opinion of real-life economics as well. I mean, sure, I know the basics, and I've taken some 1st year university courses and such, but seeing it all in action really gives you perspective.

For example, until you've actually seen just how eager so many people are to throw away their money in, say, an effort to buy things the instant they go on sale, rather than wait 4 hours for the rush to pass, you don't realize just how irrational so many people can be with their money.

Furthermore, until you come on the forums and see just how completely impossible it is to convince people about what works/doesn't work economically, and how absolutely committed people are to their personal financial beliefs and theories, despite reality being so obviously the exact opposite, you just don't appreciate the clear cause-and-effect way that those other people's beliefs and actions directly deposits money into the accounts of those who are willing to learn and be flexible instead. b:victory

Nah, because for every Solandri and Warrenwolfy there are a dozen like Traz. Business is good b:pleased

Jennalicious - Sanctuary wrote: »

Barbarian - Dreamweaver wrote: »

It's tempting but don't open them packs.

Aw, now you tell me. b:cry

I keep a handy chart of the packs and the market price at which you could sell all the items you can get from them. This lets me calculate an average return on investment for opening them.

They are a huge money waster. On average, a coral pack will give you about 192k in rewards, the tiger pack about 274k (HT prices). If the anniversary packs came out again today, they'd give you about 262k per pack (the price for the prizes was higher before so many flooded the market, so anniv packs were actually worth it the first few times around). Since gold is about 400k, the minimum cost to get a pack is 365k, meaning on average you're losing 90-170k for each pack you open.

Gambling is an expensive hobby.

VlLKASS - Sanctuary wrote: »

b:surrender I realize how it works but then you need to spend a lot of time on your catshop instead of playing. b:surrender I like the playing part & would prefer to leave economics to others QQ so I guess I'll remain poor
...
I also got a prob that just as I earn enough money for an item I wanted I immediately get it, instead of reinvesting into items ._. So end up broke for a while

You don't have to cat shop. I posted Rule #1 back on page 4: Never spend all your money.

I have enough coin that I don't really need any more. So when I see a good deal on AH or a cat shop, I first tell my faction about it. "Hey there's [item which normally sells for 3 million] for sale for [2 million]."

I'm almost always met by a chorus of "Waaa, I don't have that much." So I end up buying it.

At the very minimum, you want enough coin socked away to take advantage of really good deals you may happen to find, or even sales in the cash shop. I've seen a half dozen best luck tokens for 4.8 mil this past week. That's an easy 200k for 30 seconds of your time if you have 9.8 mil in cash on hand. But if you spend all your money and don't have 10 mil available, well, you're stuck grinding for 45 minutes to make 200k.