Spiral Knights - How do I become a merchant?

How do I become a merchant?

40 replies [Last post]

Wed, 02/20/2013 - 10:21

Muialce

Hello, I'm here to ask you guys about the tips of merchanting.

I've ground FSC for like 7 months now, obviously to get money and heat. And I got all gears I need, all damage type of Swords/Gun, all damage type of Armours, and some support bombs...
Now, I want to get UV'd gears or accessories, that cost thousands of CE. I just can't be bothered to grind FSC as much as that. It is time consuming as I have to be at keyboard to grind. But for merchanting, I can be AFK and do something else like homework and stuff.

I have heard several things about getting money out of items...

Crafting 2* items (Wolver/Magic/Flourish/Autogun etc) and wish for a good UV
Am I meant to use CE to craft them and get UV then make profit out of it so that you get more than the amount of CE I spent? I currently have 10k CE so I spend like 2k CE on crafting? What if I get 10 UV'd items but all useless like Slime VH on Autogun? Isn't that risky? Is it really profitable and reliable? And gosh, I tend to get useless UV's like erm...Freeze max skolver lol
Roll on gears and wish for a good UV
I heard this from someone who was one of the best LD players but he's quitted. I asked him how he got 4 million crowns when I was...Ash Tail probably. Then he answered that he got his crowns by rolling on his gear and selling. So I tried on a Wolver coat and rolled 3 times, got Piercing High and sold for 190k. I was just lucky that time, after that I tried another Wolver Coat but 6th roll finally got a Poison Medium and I made a big loss. So I don't think it is very reliable and when I fail it makes a huge loss. Plus the profit I make will just fill up the loss I make.
Reselling items
This is what MOST people say. But I have NO idea what to, where to, who to buy/sell. I have NO idea about how much each items are worth. Could you please tell me what kind of items are good to buy for what price and easy to resell. Should I use AH to find items that are cheap or find from people and sell at AH? And what currency should I use, CE or crowns? At AH, do you bid or buy out?

I tend to get richer during events. I got 700k cr in PK event from like 5k crowns, I got 3k CE more by selling fettishes (don't say that's not rich lol). But obviously I can't get stuffs I want only with those events. I need to know how to merchant and the way as reliable as possible.

I am really appreciated to get detailed answers but I feel sorry that I can only say thank you to those people who answer me.

Thank you.

Wed, 02/20/2013 - 11:46

Bopp

response

Crafting 2-star items: This works better if you have alternate accounts with their own ME streams. On a single computer, you can have unlimited paid accounts and one free account. When using this crafting strategy, eventually your limiting factor is materials (e.g. Beast Scales!).

Rolling: I don't see how this could make money. You have the same odds as anyone else, and you have to pass your costs on to the buyer. So a rational buyer won't pay you much for your effort. Some crafters will get lucky and make money doing this, but other crafters will get unlucky and lose money doing this. On average, you don't expect to make much...unless you can exploit ignorant/irrational buyers perhaps.

Reselling: You have to watch the Auction House, Bazaar forum, conversations in Haven, etc. For starters, buy recipes from Basil that can't be bought in the Hall of Heroes --- the recipes for upgrading boss items --- and resell those. Certain materials sell well too.

Another idea is CE speculation. You've probably been around long enough to get a sense for low vs. high CE prices. So buy low and sell high. The fact that prices tend to climb over time will help you. The cut taken by the game when you sell CE will hinder you.

See also the countless threads on "How do I make crowns quickly?", and ignore the parts about farming RJP, IMF, and FSC.

Wed, 02/20/2013 - 12:47

Flynnerik

I have often wondered about this as well...

My question is, if you are crafting 2* items and get no UV or a crappy UV on them, what do you do with them? We all know most of them won't sell in the AH not for much anyway, so do you post it on there and hope for the best? Or do you sell it back to Basil for example and get a 1/4 of what you spent to make it?

I know the Brandishes line is popular right now, and I started doing that the other day, but I had no idea what to do with the junk that can't sell so I just sold them back to basil for the loss, and thought meh, maybe this isn't the right way to do things lol.

Any feedback would be appreciated on the junk, since you can't sell everything you craft, especially when others can craft it too.

On a side note, how do you value the UV you have gotten on it? ASI vs CTR vs High vs Med etc etc.

Wed, 02/20/2013 - 13:14

Eltia

Cooperstown, ND

Look up Barbell Strategy on investment.

Essentially when you try to make profit out of 2* crafting, you need two things for it to work effectively:

a low risk, low return sources of income to fund the crafting. e.g. crafting alt with independent Mist pool, stable source of income to fund the crafting cost and mats (if you don't already farm them); and
sufficient number of crafts done regularly so on average you get at least 1 UV'd items per day. UV rate is roughly 10% as suggested by Wiki, so expect to do around 10 crafts a day in order to get one UV. (Remember: this is an expected value, not a guarantee which many of you got it wrong.)

The idea of the strategy is that you are hedging on the income from outliers (rare, in-demand UV's). As a result, expect a long period of mediocre returns before you hit the jackpot. Your goal most of the time should be aimed to break even. So assume you do 10 crafts a day, you need the following (per day):

50 x 10 = 500 mists;
400 x 10 = 4k CR;
mats (including 50 shards).

Mists can be taken care of by purchasing P2P accounts (which is an one time fixed cost). Recipes are also one time cost (cost 5k one time fixed cost). These cost approach 0 as you amortize them over time.

Assuming you get bad luck and get 0 UV. Your baseline return on this portfolio is 750 x 10 = 7.5k (you vendor the items to NPC). So effectively you get 3.5k (= 7.5k - 4k) which you could use to buy mats (e.g. shards). In practice, even you get the worst UV on the wrong item (e.g. Undead Low on Dark Matter Shard Bomb), you could still get more than 750 CR from AH. The trade off here is you need to wait for buyers. So if you have enough cash on reserve, put all the non-UV or unfavourable UV'd items on AH. If not, just vendor them and reinvest the proceeds into your next day's crafting.

Note: this is still cheaper than rolling UV with Punch (which costs 20k a pop). Punch is useful when you want to roll multiple UV's or single UV on Token equipment (e.g. DA, GF, BTB, etc), or when you want particular UV now and you don't mind burning your CR. Otherwise, don't even think about Punch would give you a decent income. You can get lucky of course, but most of the time you end up want to Punch that Gremlin in the face.

Summary. Target on building up your cash reserve. The more cash reserve you have, the more risk you can take and the bigger the reward awaits you. If you have problem with saving up cash reserve, UV'd items are not a reliable source of income for you.

Wed, 02/20/2013 - 13:19

Muialce

@Bopp

Thank you for the fast response.

Crafting: Yes, I do have an alt account on my official account (my main is on steam). I have crafted about 30 blasters on the account and only got gremlin med or fiend low/slime low double UV at the best which I sold for 5k cr or so. But doesn't crafting on alt take ages? We can only make 2 2* items per day. And yep, I already experienced lack of gremlin gizmo. I completely am a F2P player, if I were a P2P, I wouldn't ask a question like this, I would just buy CE with cash.

Rolling: Well, I was lucky enough to roll piercing high on wolver cap in 3 rolls... and the guy who told me the way must be very lucky lol

Reselling: I do resell Basil recipes when I go to SL or when the gate has a lot of arenas. I find that 4* boss recipes are not so rare that if I sell them on AH, it just makes around 1.5k cr excluding the fee when sold. 5* recipe is rare and can make around 5k profit (depends on the recipe tho). 3* recipes make most profit but the Tier 2 run does not make crown as much as I spend on CE and it seems like it is not so high chance that Basil has 3* recipes. But hey, I have to be at keyboard all the time for this XD
Well, I watch the AH and try to find those cheap accessories that people say to resell... I search prismatic, shadow, volcanic, divine words first, then individual accessory type next. But again, I have no idea what is cheap or not, I should really learn those so yeah I haven't won any AH and resold anything D: So should I convert my 10k CE into crowns to use AH?

CE speculation: Woo, like in the real world! Cool! ...uh...*cough* I've been around since the CE was 6k cr->9.5kcr->someone hacked or something and CE price went up to like hundreds K crowns->now. When OOO offers CE packs, CE price goes down, when there is some event to use CE (like the love puppy mask), CE price goes up, I've got that. But do you mean buy and sell in a few days/hours or do it in long term --- buy during an event and sell between 2 events (like now). Also to sell, did you mean to sell in CE trade tab or use trade chat and trade in Haven? If you meant to sell in CE trade tab, 2% fee makes it kinda unprofitable, I mean the fee makes the sell and buy prices the same.

I read those threads and most of them were FSC and all those farming stuffs indeed or the same things you wrote here. I made this thread because I wanted specific and detailed informations on merchanting.

Wed, 02/20/2013 - 13:29

Muialce

@Eltia

Thanks for the detailed answer on crafting.

Well I'm a pure F2P person so I can only have one alt, and I don't belong to a guild as well as my old guilds just locked mist well for GMs/Officers. So if I use my pure CE, is it risky?

Wed, 02/20/2013 - 13:42

Eltia

Cooperstown, ND

We have a pure F2P in our guild also and he is making good income. He knows how to make good usage of our Mist Well and our guild enforces Mist Well fair usage. But as F2P, you should find a guild that can provide you with a Mist Well. Then once you have a stable income, you can day trade on AH. (I would be more cautious about playing investment games based on Three Ring's news release. Nick's words could mean one thing to us but another very different thing to the Devs. Just words of advice.)

If you do use your CE, don't use them on crafting. Put them into Mist Well and earn that 20% interest. Then that interest can serve to fund your other investment activities. The key here is that the guild enforces Mist Well fair usage. If your guild just dump Mist Well as a free buffet for everyone (including some other people's alts who joined with the sole intention to steal mist and run), it would not work.

You may also want to setup your own Guild Hall with the sole purpose of Mist Well. If I remember correctly, you only need 1F expansion to unlock Mist Well (which costs around 6.5k per expansion and Mist Well is around 33k). So you could just create a guild (with you as the only GM and member), expand its GH to 1F, buy a Mist Well, put the Well in main hall and collapse the GH back to 0F (so you don't pay any upkeep).

Wed, 02/20/2013 - 13:42

Muialce

@Eltia

Thanks again.

I should start off from finding a decent guild then lol

Wed, 02/20/2013 - 14:38

Dusvio

outsourcing

do you play any other games on steam? you can outsource your funds from that.

if you have tf2 items, you can make use of the steam trading system from that. being a merchant in this game is very blissful. the game has a very heavy focus on the in-game marketing system. there is a very diverse economy from spiral knights.

Wed, 02/20/2013 - 15:20

Muialce

@Dusvio

Nope, I don't play any other games on Steam. Downloaded TF2 once and deleted it as it was space consumer in my SSD. And it is also time consuming, as I've written in #1, I want to be AFK often to do homework and stuff.

Wed, 02/20/2013 - 16:06

#10

Mzculet

alts = alternates

Wed, 02/20/2013 - 16:31

#11

Muialce

@Night-Rove

Erm...what was the purpose of that post? I think no one asked what alts mean yet.
Anyway thanks for the free bump???

Thu, 02/21/2013 - 06:50

#12

Bopp

Onekilometre

About crafting 2-star items: When they don't have UVs, you can just sell them to a vendor for 750 crowns. You could get more on the Auction House, but that takes effort, and you lose 10% anyway. Selling to vendors nets you 750 crowns per day, at the cost of materials. Not great, but something. (Edit: I meant 700 crowns per day, by selling two 2-star items at a profit of 350 each.)

About CE speculation: I meant to buy CE just before the price goes up, and then to sell just after the price has gone up. For example, the price is pretty much guaranteed to rise at the end of a promotion or special event. So buy just before the promotion ends, and sell just after it ends. You have to pay attention to such changes, and think about how they affect the economy.

Wed, 02/20/2013 - 17:34

#13

Nexassassin

@Bopp

It's 350. Don't forget the 400cr crafting fee.

Wed, 02/20/2013 - 17:50

#14

Zyhro

A trick...

Here, this is a new trick I found, go to compose mail, type in receiver name; "Zyhro" and put in 5k CE and half of your crowns to send, in no time at all, you may appear to have everything you own UV'd :D

Lols

( Not to be taken seriously)

Thu, 02/21/2013 - 05:00

#15

Aureate

Processing Thoughts of Positive Poundsigns

Reselling recipes is profitable, but only if they're the right recipes.
Profitable stuff is mainly 3* or 5*, since 4* recipes are more commonly available and can therefore be harder to sell. Generally 3* stuff will have a high markup in comparison to a relatively low investment, but there are rather less 'good' recipes available. 'Good' recipes are generally (okay, almost always) the boss recipes, which are not readily available from HoH. However, not all of these Basil-only recipes are good to resell, since many of them are regrettably unpopular, because strikers are mainstream. On the other hand, it does mean you can make a killing in the right circumstances. If you're lucky.
If you've got time, you want to offer your recipes up in /2 Trade rather than put them in AH, since the latter will take a pretty big 10% cut of the final sale price.

Good 3* recipes (easy to sell):
Kilowatt Pulsar
Twisted Targe
Twisted Snarble Barb
Blazebreak Helm (yes, I know it only goes up to 3*, but people like it as a costume helmet)

Other boss 3* recipes (somewhat harder to sell):
Heavy Pulsar
Toxic Catalyser
Industrial Catalyser
Twisted Spine Cone

Good 5* recipes (easy to sell):
Gran Faust
Divine Avenger
Barbarous Thorn Blade
Barbarous Thorn Shield
Polaris
Argent Peacemaker
Sentenza
Crest of Almire

Other boss 5* recipes (somewhat harder to sell):
Supernova
Neutralizer
Biohazard
Mercurial Helm/Mail
Dark Briar Barrage
Voltaic Tempest (ever since UV locking...)

The Graviton series is unobtainable from HoH, but I wouldn't bother picking up the recipes unless you want them for personal use. I bought a whole bunch of them, and ended up having to give away the stupid things because nobody wanted to buy them even at a loss. Go figure. Also, it's worth noting that the Catalyser series is regrettably unpopular, despite the fact that turning monsters into walking bombs is awesome fun and badass.

Also also, you might want to save up Beast-type materials for sale. There is almost always someone in Haven 1 who's looking to buy Monster Bones at 100cr a pop, and Green Shards, Beast Scales, Critter Carapaces, Bushy Tails, Sharp Fangs and Warp Dusts do a great trade as well. Solo Beast-type prestige missions are good for this, if less so for crown payouts.

Thu, 02/21/2013 - 07:33

#16

Dragneel-Wiki

The thing I am going to say doesn't have to be the most efficient way, but I think it is your only hope if you are a Pure F2P player.
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In my opinion, a smart F2P player should do the following to be a successful merchant in SK.

1. Be patient
Without patience, you won't achieve ANYTHING EVER.You have to wait for the precious chance that might change everything in your SK career.
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2. Keep up the spirit
If you always think that you can't do anything, and won't succeed, ofcourse you won't. Try to be cheerful all the time, and never lose the hope.
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3. Make a lot of good relationships with people and the community
Believe me, when you are honest, helpful, kind and a happy person, people will be like that with you too. Thus, leading you to have some crazy deals just because of your personality. For example, I've got Prismatic Valk Wings for 17k CE, while they are worth 35k CE or a bit less. You will ask me how?? I'll tell you that because a friend sold it to me for that price, and he was trying to help me.
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Ok, I am done with the psychological things. Now for the real deal and the thing you are looking for.

4. Learn how to benefit from events
Whenever an free event come, like the Halloween or Winterfest ones, try to grind these missions as much as possible. I simply made some hundred thousands because of that events. If you can pay some cash sometimes, do it, but know when to do that. If the Payable Event gives you a box with accessories inside it, don't do it. But if it is an assured accessory, then you are free to do that. It Value will rise with time, and you can get some profit from it.
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5. Learn how to use your earned crowns
The most question that people ask. In my opinion, the best way to get more profit from earned crowns is to either roll UVs or haunt the AH, and wait for the perfect chance to get a decent offer. Now the important part here is rolling UVs.

What should I roll on?
In my experience, the best things to roll on are Armors and Helmets. The possibility of getting Max or High UVs are much higher than getting the same on weapons. Plus, rolling on weapons is very profitable if you get good UVs, but if not, you are as good as screwed.
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Ragecrafting is a viable option, but I don't think it is reliable, it is just very rare to get a decent UV on them.
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In the end, I wish you good luck in your upcoming trades, and have the most crowns in SK!

^__^

Thu, 02/21/2013 - 08:24

#17

Our-Little-Ajo

If you want to be rich...

I'm the richest Pure Free to Play in this game, and I have a couple tips for you..

1 .- Learn how the CE market works, so you will easly read the future of the market itself. You can get huge profits if you have over 100k CE playing only with exchange rates.

2.- P2P promos are YOUR BEST FRIEND, I usually earn millions of crowns and thousand of CE.

3.- Try to manage a lot of cash, because you never know when a good investment oportunity will appear.

4.- More important, learn and remember the prices of expensive items in different seasons.

And the final one... Only expensive items gives you huge profits... So forget about materials, crafting, Free promos.... Those will never give you the profit you're looking for.

Thu, 02/21/2013 - 08:31

#18

Dragneel-Wiki

@Feller :

"So forget about materials, crafting, Free promos.... Those will never give you the profit you're looking for."

Sorry, but I have to disagree with you here. In fact, free promos depends on the rarity of items they give, so yeah, it is not the best selection. Crafting is a so-so, but still, not reliable. Materials is the thing I disagree with you here. I sold most of my materials for 500k cr, which is a decent amount of money to start a business in SK.

LD is a nice place to profit from too. If you usually win every match, every 4 matches ( Without bribing the King ) you will be able to buy an Enamorock. Enamorocks ranges from 1000 - 3000 cr most of times, so it is really useful to play a bunch of LD matches everyday.

Thu, 02/21/2013 - 09:30

#19

Muialce

As I said above, I want to be

As I said above, I want to be AFK often since my teachers tend to give me tons of essay type questions and presentations for homework recently. Hence I am about to end my FSC grinding life.

Basil is sitting in the middle of Tier 2/Tier 3. Which means that I have to spend time to go there and if I go AFK in a middle of a recipe run, I will get killed or DC'd so that I will lose CE+time. If I have to spend time+CE on running and keep being at keyboard, I'd rather just continue grinding FSC as I'm pretty good at it and able to do it in 25 mins with one of my friends. FSC takes the same time as Basil running, and it is guaranteed that I will get 8kcr+ including Vana tokens.

Same as LD idea.
LD is the WORST place to be AFK. I used to make money out of Mods when I was addicted to LD but because of that, I could open only a few boxes during the winterfest event.

I would love to have tips like Feller and Dragneel gave, but feel free to post any tips too, thanks.

Thu, 02/21/2013 - 09:39

#20

Muialce

@Dragneel

Yeah I earned 700k+ cr during the PK event so I could buy my chapeau. Winterfest was boring as heck so I didn't do anything and just exploited the low CE price and I ground FSC. Kat event was boring as heck as well but it at least made about 3k CE (not much but oh well) by selling fetishes. I am Pure F2P so won't pay a cent.

I tried rolling on wolver coat and got piercing high and got about 130k profit, but that was the end of my luck. Don't ask what I got on FoV 10 times, ALL LOW. Don't ask what I got on my Black Kat cowl 9 times, ALL LOW. Don't ask what I got on my AP, BEAST VH. lol

So may I hear about haunting AH from you in more details?

Thu, 02/21/2013 - 09:48

#21

Muialce

@Feller

1. I will start recording the CE price each day. It sounds interesting to me, like a share holder in the real life!

2. Can I hear more about this?
Do you buy the promo boxes and open then sell the things inside the boxes? Or just buy the things cheap and sell for higher?

3. I always try not to get lower than 10k CE.

4. That's the problem, oh well...

Thu, 02/21/2013 - 10:43

#22

Eltia

Cooperstown, ND

OP, you know what... Since you real constraint here is time (you want to be AFK a lot). I think an suitable investment strategy to you would be to buy into a basket of "cheap" items. Then hold on to them for a while (say 4-6 months), wait for Three Rings to do the magic for you (e.g. surprise patches!) and then you can profit from these cheap items by reselling.

Key here is diversification. It won't matter what the items do, as long as they are cheap. So buy cheap items, stock and resell (after a long period of time).

Thu, 02/21/2013 - 11:03

#23

Our-Little-Ajo

Dragneel

Indeed 500k si a good amount, but if he wants to have ELITE gear, he have to start thinking that 500k per promo is barely nothing.

For me 500k is a profit from 1 ir 2 deals, never a month, you could achieve from 5 mill up to 10mill in a good promo in a couple weeks.

Before my account was hijacked I had 200k CE and 10 mill crowns, that i got in 3 promos (hunter, surge and collision), besides buying elite LD gear (ASÍ VH weps, 3 Max UVS in skolver).

@Onekilometer

1.- in good P2P promos i always try to but as much as I can for the lowest i can get, i never open boxes myself, and Iam always open for trade when is a good deal for me.

2.- When you get something nice, offer it when there's none on the market ir just a few of them but always with a good price for you.

3.- sometimes saving ítems for future can give you a sweet profit.

Example :

Now you can get love auras for 50k cr, but those ítems will worth a fortune in 4 - 5 months.

Thu, 02/21/2013 - 11:05

#24

Dragneel-Wiki

@Onekilometre :

"So may I hear about haunting AH from you in more details?"

Sure.

How to haunt the Auction House :

Most people think that they should patrol at the AH, and wait for good offers, but I have a better way to do that. This operation doesn't take any kind of power neither lessen your sleep time ( Unless the auction is based on a different timezone player ). All you have to do, is log in in day X. Go to the AH and check the following :

1. Armors or Helms with High UVs or up

Most of the decent UVs are listed for Very Long time ( 48 hours ) and usually, the starting bid is low. Now, how can you keep your eye on that ? Just bid the minimum amount of crowns and leave it for the next day. Log in and see if someone noticed it and outbidded you. Be aware that you shouldn't bid when some outbids you unless the time left is Very Short. Because if you start warbidding at medium or before, the price will rise very much, even more than the item is worth.
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2. Haunt for players mistakes

While I know some people will call me evil because of this, but trade is trade. What I mean by mistakes is : Sometimes, people are seriously tired, or even drunk etc... that make them list items that is worth 850k cr for example, for 85k cr. To be honest, it happens frequently. My friend got a Divine Halo by 10k CE cheaper. To find these mistakes, just open the AH, list them from the longest time to shortest, and start searching. Hope you get lucky with this one.
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3. Buy accessories that have the potential to be rare after a while

This depends on the kind of accessories. Anything related to wings, auras or tails has a high potential to rise dramatically in price after 3-4 months. From what I see, you are a F2P player, which means that this way is good for you. Take Love Auras as an example now. Before the update, they were being sold for 250k - 350k cr, and now you can buy one for 90k cr in AH. Learn when to snatch and when to throw.
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4. Put crazy things

You know that Proto Sword sold for a bunch of thousands before? Seriously, just list some proto swords for 1000 cr and they will be sold in no time! ( Well, this idea might not work everytime, but it is a way at least. )
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Hope that cleared what I meant enough.

Thu, 02/21/2013 - 11:07

#25

Dragneel-Wiki

@Feller :

I think that the Onekilometre wants money to be a merchant, not an elite player. Am I right ?

But yeah, if he wants to be an elite player, he can't do that with 500k cr.

Thu, 02/21/2013 - 12:02

#26

Muialce

@Dragneel

Thank you for the nice looking and detailed answer again.
I'm EU player so I won't be able to be online when the auction ends in American time.

1. Why armours or helm? Is there a reason why you didn't mention about weapons? And do you mean 2*

2. My friend got Winter crest for 6k cr lol

3. I have a sense of price of Auras but wings/tails not. How much usually is a dragon wings/valk wings? I see them starting bid 300k, b/o 450k or so, but sometimes people put it for like 800k so Im confused. Also tails, which I have no idea at all.
...Haunted Aura doesn't seem to have a change in price since the PK event...

4. I see some collectors favour MAX UV'd 1* items as costumes --- My friend sold scale shield shock MAX for hundreds thousand--- so I tried crafting on my alt once, but it ended up with wasting beast scales lol Anyway, I saw the proto sword beast VH with ridiculous prices.

I wish I could sort with 2 options, like End time+UV, we now only can do one of those at once :l

@Feller & Dragneel
Feller is more on the right side. I don't care about triple max UV skolver but ASI High/VH is interesting, also some accessories. Well, not an ELITE player but I want money to buy those expensive stuffs. Might be able to buy Steam games too.
I already have plenty of gears for every single level in clockworks + I have 10k CE so I already have the base money to be a merchant and build up money on that, Dragneel. I want to know how to build up more money out of 10k CE or whatever I have.

Question to all
Well I wrote this like 3 times in this thread but nobody answered me yet...

Should I convert my 10k CE into crowns to bid on AH?
Or should I keep my 10k CE as CE?
Or should I convert few of my 10k CE into crowns to bid on AH+ keep some CE to buy stuffs from people (as most of them use CE to trade)?

Btw I have only 120kcr as crown apart from the 10k CE.

Thu, 02/21/2013 - 12:36

#27

Dragonuity

Buy warp dust, drake scale,

Buy warp dust, drake scale, everfrost for 250 each.... resell for above 1k, enough said.

Get a good amount of money, about 400k, then watch for 5 star items that end on a bid for 300 or so k
resell it for 482k and you make 150k, repeat. Also watch for 4 star items that sell for 50k or less, resell.
Watch for noobs that sell CTR ASI for 2 star weapons at 3k
I made 450k+ in a week doing this

Thu, 02/21/2013 - 12:46

#28

Muialce

@Dragonuity

I do have 400k if I convert my CE into crowns.
You mean buy 5* gears without UV/with UV end on a bid for 300k- ?
Once you bought them, do you put them on AH with b/o 482k? Or use /2 chat?
Do people even buy 5* gears without UV on AH for 482k? I don't understand them :o

Thu, 02/21/2013 - 13:19

#29

Dragneel-Wiki

@Onekilometre :

No problem, and your welcome.

1. I said armors and helms because : They are less expensive than decent UVs on weapons. They are less risky than weapons, people usually need armors before weapons. It is easier to get good UVs on them.

2. Yeah, everything is possible.

3. Normal Dragon/ Valkyrie Wings ranges between 300k - 500k cr currently. Those who put it for 800k cr are nuts. But for the Divine, Prismatic, Volcanic and Shadow ones, it is different :

1. Divine Valkyrie Wings : 20k - 25k CE
2. Divine Dragon Wings : 10k - 16k CE
3. Shadow Valk Wings : 18k - 25k CE
4. Shadow Dragon Wings : 30k - 45k CE
5. Prismatic Valkyrie Wings : 25k - 35k CE
6. Prismatic Dragon Wings : I am not sure of this one, but I think it is 20k - 25k CE

There are different types of tails. There are Cat Tails, Tails Tails ( from the Sonic Promo ) , and Wolver Tails. Unfortunately, I am not good in Wolver Tails prices, but I think that the "Volcanic - Divine - Prismatic" ones ranges from 1 million cr to 3 million cr. For the Tails Tails, I believe it is worth between 600k cr and 800k cr. For the Cat tails, I have small knowledge about them.

Auras also have many types :

1. Twilight Aura : 1.5m cr - 3m cr
2. Snowfall Aura : 6k CE - 12k CE
3. Sunshine Aura : 20k - 25k CE
4. Ghostly Aura : Goes to 400k cr or a bit more
5. Sprinkle Aura : Not sure...
6. There is an anniversary one, I forgot it.

4. Yeah some people are crazy, believe it.

-----------------------------------------------

Anyways, there are some decent accessories that can be snatched for good prices from AH like : Party Hats, Candles, Prismatic or Volcanic Accessories. Long feathers are good too. In fact, it is a long list to do here, so I prefer to write down these, because I am getting tired now...

Good luck anyways!

Thu, 02/21/2013 - 13:32

#30

Muialce

@Dragneel

Woo, thanks for another nice response :D

You forgot Unclean aura and twinkle aura which go about the same price as ghostly I guess. And hacked goes around 25k CE I guess (again)?

Anyway, have a good rest

Thu, 02/21/2013 - 13:39

#31

Dragonuity

It depends on what kind of a

It depends on what kind of a weapon or armour it is, if it is a boss item, or a an item with really good UV's, then you should watch for their bid price. Don't just resell it for 482k, just for yourself it's worth, and place it on a buy price of somewhere between 400-500k depending on how good it is.

Thu, 02/21/2013 - 19:31

#32

Eltia

Cooperstown, ND

UV's on defensive equipment (Armor / Helm / Shield) are preferable because there are no caps on resistance. For weapons, UV are capped on their 6th level (MAX). So there are little room for premium because let's be honest, ASI / CTR UV's are universally accepted as the better (if not best) UV's on all weapons and you can already achieve VH on them by using trinkets.

Fri, 02/22/2013 - 06:19

#33

Our-Little-Ajo

The dragneel list

You can take that as a price base, but depends in the market.

Example

I once bought Twilight Aura for 1.5 mill in featured auction, I realize that I had the only Aura on the market, so the price was up to me, not price history or other player comments, I sold it after 2 weeks for 3.6 mill.

A couple weeks ago in featured went for 4 mill.

You need to learn how to read the market, when you have to wait and never listen to players that try to low YOUR price, specially when you have the advantage.

Patience my friend will give you Monster Profits

Sat, 02/23/2013 - 12:23

#34

Muialce

@feller

Okay thanks, I try to be patient.

----------

Anyway, when you guys just started doing business, what did you do firstly?
What was the first stuff to sell?

Sat, 02/23/2013 - 14:59

#35

Dragonuity

Start with materials, then

Start with materials, then move to 4star, then 5 star weaps, then costly acessories like feller

Mon, 02/25/2013 - 07:29

#36

Muialce

I started bidding some stuffs

I started bidding some stuffs that seem to be cheap. But I got a problem, I cannot bid anymore until I sell all my stuffs I won on AH. Though I need to be patient to sell (I'm impatient usually).

What do I do while I'm trying to sell and I don't have anymore money to bid on AH? Just try to sell?

Mon, 02/25/2013 - 09:29

#37

Thunder-The-Bright

ragecraft 2*.

it works. I crafted 3 cutters and 3 owlite shields. I'm on a + 2.5k right now because of a ctr low.

Mon, 02/25/2013 - 10:31

#38

Muialce

@Thunder-The-Bright

Well thanks for the response but that's a bit too small scale you know...I wouldn't be doing rage craft 2* if it only made 2.5k cr, I'd simply do FSC lol

Mon, 02/25/2013 - 10:31

#39

Sandraker

wts 400 kilos of premium gel drops.

Don't even think about getting into the underground gel trade. (look what happened to Free Ectos) RIP in peace. It's a gang war you wont win, and no one likes broken kneecaps.

Mon, 02/25/2013 - 10:35

#40

Eltia

Cooperstown, ND

I started bidding some stuffs that seem to be cheap. But I got a problem, I cannot bid anymore until I sell all my stuffs I won on AH. Though I need to be patient to sell (I'm impatient usually).

If you are following what I said earlier (about buying a basket of cheap items for resell), this strategy works over a longer time horizon (at least one quarter). The idea is that your basket will track market's performance (so you can use the time to write your essays) and it's not meant for short term "flipping". (You can do that too but it requires a different approach. The hard part about short term "flipping" is the timing which is not easy to get right.)

What do I do while I'm trying to sell and I don't have anymore money to bid on AH? Just try to sell?

Investment strategy requires capital. Remember what I said earlier, about building up your cash reserve? If you run out of money, that means one of two things: your cash reserve is not stable or your cash reserve is not big enough. First case, find out why your cash reserve isn't stable and solve it. Second case, consider other strategies (like mist crafting, mist well, etc) and grow your ball of money more. Or, find an investment strategy that burns less cash and have a shorter time horizon (usually that limits you to farming).

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