Have a glimpse of the market and How to make wealth in PoE.
Important update one(31/12/2013):
I will add ShadwRoca work( page 25) here: HOW TO MAKE WEALTH THROUGH RUSHING SERVICES (open spoiler) " ___ Hello, I spent 3-4 weeks trading intensively, step by step i started to observe and discover what people do to gather currencies and buy their shavronne's and make wealth. i thought i might try to collect all the ways you can acquire wealth on PoE, to help players get an idea. I, personnaly, would have loved to read this in the past when i was new. First off : You can collect wealth by droping gg items : rares and uniques. You have to play high level maps. The chance of getting an Auxium from a rogue exile in a low level map is high ( Anarchy league example ) And Auxium go for 8-15 ex. A lot of players go Sporker build and farm Docks. Sell any nice unique you find that you don't need. Collect ?00 Alterations by selling rares and sell for 1 ex ( replace "?" with a number ) or sell your alterations for Jewelers in act 3 and buy with the jewelers Fusings. Sell your fusings for Chaos ( 2:1 or 3:1 depending on league ) Or sell ?00 fus for 1EX. or sell jewellers. That's the known stuff. Another known stuff but not from everybody, is : Exalts drop within maps has been increased it seems! You can do maps with your character, find uniques, exalts and rings/amys ( rare ) You sell the uniques or use. You spam chat with your rings and amys ( some of them can sell 2 ex or MORE ) You have to know what items are good! Oh before we enter to the interesting stuff : Your weapons are http://poe.xyz.is/ and http://poetradechat.com/search.php never forget. let's enter to the secret stuff. You can get wealth in PoE by a lot of ways, some are impressive and surprising. 1) you have to be confident and take risks. So what do you do now. Go check Buying forum of any league you are in. You can find : WTB rare item with specific stats. WTB unique with a price WTB unique with no price. if you find a Buying thread of an item with a specified price, you can use that. Go check : http://poe.xyz.is/ if you find the item and find sellers of that item. Check prices, if the price is lower than the buyer from buying forum than you can buy it and sell it back to that guy from forum. You just won something. If the price is not specified, you can ask the buyer what does he have in mind. And Whisper/PM sellers of that item.. to see if you can buy the item for cheap and ressel it to that guy and make profit. This behavior is called : FLIPPING ITEMS. Example : Someone wants to buy a 6L searing Touch. You buy it from some seller for 7 ex and sell it to the buyer for 11-12 ex : 3 ex profit, enjoy ;) Or you can gather rares on your stash or on another alt account. Whenever someone needs an item you have ( +DEX +chaos res life gloves ) you show it on buying thread and hope he likes it. ( You pm and agree for a price) 2) you have to be patient and solid. You need to be aware of what are good rares. And spot them. You need to be a connection between a seller that does not find a buyer and a buyer. Examples : A great pure phys DPS Slow bow that does not find a right buyer.. http://www.pathofexile.com/forum/view-thread/481833 This bow had a bo of 'if i remember well 1-2ex' i offered 8-9 gcp. I won the auction because the seller did not want to run the auction all his life. I waited a few days and put the bow for sale. I wanted for the good offer + Spammed it on trade chat. it ended selling for 2-2.5 ex. or : http://www.pathofexile.com/forum/view-thread/480377/page/1 which i bought 4 ex and sold 11-14 ex equivalent. Best items to flip are, ofc, uniques : They are soo easy to flip because each unique have a known range of price. Example : I don't know for Standard at the beginning but Rainbowstrides were worth 1 ex when i quit Standard to join Anarchy. In anarchy, and with Kripp's and other players poular builds Rainbowstrides became in vogue. JUST TODAY i LEARNT from a friend( wow i still have to learn about the market ) that high rainbowstrides can sell for 3ex+ Until now i knew that they were priced : 2-2.5 ex. SO what are you supposed to do to get wealth : Try to find a seller and buy it from him 1EX to 1.75 ex. 4 link the boots to make them beautiful :D, go sell them in chat for 2-2,5 ex ( or 3 ex as my friend just showed- he bought an unidentified raibowstrides and when id he got max mana roll + high es roll ) he got several +3ex whispers offers. He wants to sell it 5 ex ( the crazy guy ) Another example is Divination Distillate that you can buy for 2-2.5 ex and sell it in chat or in forum for 3ex. http://www.pathofexile.com/forum/view-thread/479252 http://www.pathofexile.com/forum/view-thread/486516 http://www.pathofexile.com/forum/view-thread/485925 http://www.pathofexile.com/forum/view-thread/494496 http://www.pathofexile.com/forum/view-thread/501180 http://www.pathofexile.com/forum/view-thread/487504 http://www.pathofexile.com/forum/view-thread/505842 http://www.pathofexile.com/forum/view-thread/507245 http://www.pathofexile.com/forum/view-thread/510304 Prices may change from a league to another. 3) You must have a knowledge of known prices and UNKNOWN NEW updated prices. People will always have an idea of what an item is priced and don't tend to think that the price may have changed between the time he saw selling and the time he got it himself. Example : A shavronne's wrappings was selling : 20-25 ex if not linked at the beginning of Anarchy league. 25-30 for a 5 linked one and 30-40 for a 6Linked one. Prices have evolved this way (right now ) : Non linked 37-38ex 5L linked 38-41 ex 6L linked 60-70 ex. So what do you do ? You are lucky enought to find a seller of a shavronne's before others and buy it from him quickly. He might think 25 ex is a great deal. You negociate and try to Buyout at 24 ex he agree. And you sell it for 35-37 ex. You made profit ;) 4) You have to use this new website : http://poetradechat.com/search.php Choose you league and find any item you want to sell. You have to uncheck "Search Linked Items Only" if you want to sell. Example : You found a Divinarius in forum for 19 chaos. You go that website and seacrh : WTB divinarius. Many names will pop up, copy them and try to reach them, hope they are logged. Sell for 1ex or more. Also, if you want to buy an item.. use it ( the website ). 5) OVERCOME THE WALL. What is that wall, well the wall is : being poor when starting. I am seeing you from here, telling me, it's cool and stuff to buy items like Shavronne's wrappings to sell them and gain profit, but i don't even know what the hell is an EX ( EX = Exalt ) How to overcome the being poor wall is to not get attached to your items. If you are not using a quality gem and think you "might maybe one day" use it for a build that seems to be fun, and that "one day" is in more than 1 week. Then sell your quality gem. Sell anything you don't need. One of the mistakes i made on Standard was to keep items, example : if i sold this and got 1 ex or less and used that wealth to get more wealth i would not have only 0 qualty gems on my freezepulser. ( and that answers one question on the mother thread ) To destroy the wall quickly, you must be prepared to sell items for cheap but gain gains anyway. Example ; if you were luchy enough win an auction of Lioeney's Glre for 2 ex ( and you know they are going for 3-3.5 ex ) Well you put it at 2.5 ex Your gains are 0.5 but you have sold it out on the same day ( and time is money ) Buy any item for cheap and sell for higher BUT CHEAP = fastest way to get small currencies. 6) One way of get getting currencies ( most boring i have ever heard of ) is flipping ?? : i did not try this one but one person from my friend list and a strange Onslaught guy was doing it. It's FLIPPING CURRENCIES ( :s ) Example : You buy for 5 chaos 100 alterations ( 1 chaos = 20 alts ) Sell your alt to fusins in act 3. ( 12 fus and some alts left ) Sell the fus each 2 for 1 chaos ( You gain 6 chaos + some alts ) You would gain more if you bought more ..etc ( most boring one ) The guy from Onslaight, was buying ex all the day for 29 chaos and selling them for 30-31 chaos. __ let's enter the fun ways of getting wealth : 7) Doing your 66-74 maps and getting a 75-76-77 maps drop. ( 77 if you run a 75 one) 1 map level 77 is worth 3-4 ex The prices are halfen or more for lower maps. So what do you do ? You either run the 76-77 maps and hope for MORE 76-77 maps OR sell them and get a lot of exalts. 8) this is my favorite one. CUTS You offer for your friend : the service of selling for him his items. When you sell it yoo take some % and give the rest to your friend. ( you should try for 10-25% part ) ( my friends were doing 50% but my friends are crazy) Example : your friend hates to trade and find an Abyssus, you go sell it for 3 EX, take 1/3 ex or 1/2 ex and give what is left to you friend. 9) BE LUCKY! Sometimes when you buy an item and can't sell it, or when you FIND an item and can't sell it. You should try to TRADE IT with someone who need that item for an item you can sell easily. The example would be Andvarius : this item is so hard to sell that you might want to trade it for any other item of same value. 10) Have time. Check regularily trade forum ( selling one ) What do you check on shops ? Only New threads or threads with 0 reply : You don't have time to check 3 pages of shops. SO your best chance to find a nice item is to focus on new shop threads. I was sending so much PMs to different sellers that i had this kind of problem : " http://www.pathofexile.com/forum/view-thread/470509 11) There a lot of other ways ( like checking WTB trade chat or WTS some gg rares that only you will recognise) 12) Flipping cross trading currencies. You have a raye from HC to Standard of 1:2 ( it means : you sell 1 ex from HC for 2 ex from Standard) And have a rate fril Standard to HC of 1.75:1.. I am not sure some players do that.. but who knows. 13) Having friends like "ME" who would want to use YOUR CURRENCIES to buy an item and ressel it. Someone that you trust What do you do ? Well you wait till your friend need currecnies and ask you.. he will go buy the item and sell it for higher than what he bought. he give you back what you gave to him + Some benefits. 14) Most important : and most expensive = CRAFTING. Some players use Exalts and eternals. I never did that only when i got all my stars/achievements. Now i can spend what is left from my money(currences ) on gambling to craft a gg item. I chose a dagger and i tried already some attempts and got this : I will spend what is left ( 3 eternals ) to try to get a good last AFFIX : hopefully hubrid PHYS/ACCURACy% if i win i can sell it for almost what i spent on in or more. If i fail well i fail ( but i don't care because i got all my 8 stars and I am not interested on gathering ex's on Standard ( i played Anarchy and the 2 leagues will soon merge )) Now let's go to teh evil ( very evil ) stuff 15)make a group of players that would control the market, you will go spam chat with new rates you desire everyone use. Example : you want to make exalts prices drop. Go spam chat WTS EX for chaos 1:35 ( they were 1:45-55 on anarchy before ) if someone wants to buy, answer : Too late. Your evil friends will go buy them for 35 chaos when new rates has been established. A while later : you make the rates raise and go sell your ex for 55 chaos or more. You won chaos's. I'v been always astonished to find a seller of random item accepting only chaos's. ( i think, now, that he was part of that group ) The item i wanted to buy was a crappy item but it had a cool name. 1 alch was to much but nah he wants only chaos's.. 16 ) Make fake Current offers on your selling threads. Example : GOLDWYRM UNIQUE C/O: 3 chaos B/O: 3 gcp A buyer would abviousely offer more than 3 chaos. OR, ask a friend ( evil as much as you ) to go bid on your item. ( i'v been asked this by a someone i knew, i refused ) 17 ) See 2 gg uniques selling on server. You and your hidden evil friends put the same item to sale for a low price. The 2 sellers if the 2 gg uniques will fear to not sell their uniques : they will lower their prices. You go buy their items. And put them with ( another account ? ) to the high price. 18 ) You want to sell an item, but can't: ask a friend to go make a buying thread about your items. Wait for the flipped that want o buy it from you to sell it back at your friend. I will not continue.. but you got it. ( it's the weird guy from Onslaught who flip currencies all day that told me about this, i did not think it might be possible, but he said it happened ) Non evil stuff to finish : 19) Prepare for the end of a league ( in this case : Anarchy ) Some players are still buying exalts for 20-16 gcp ( 20 gcp hardly ) You can buy as much Gcps as you can, and wait till Anarchy merge into Standard. Now you can convert your gcps to standard exalt's ( i believe the rate is 1:13 ? ) 20) Do other's maps ( friends) try to be a CULLING STRIKE-IIR-IIQ sporker everyone will need you. take the high ilvl items and sell them for crafters. ONE LAST tips : SOme players think that the unique Anarchy/OS items will not be droping at STND and HC, as clever as they are : - They are starting to buy all the items they can ( example: Voll's Devotion ) My advice is : GGG will make them drop, try to sell those items to any greedy person thinking he is doing a nice flip ;) Note : All those evil deeds and actions are just suppositions from me. I believe similar stuff happens In Real Life. (Mother thread : http://www.pathofexile.com/forum/view-thread/523641) I was 100% sure i put this reddit in this thread until i read it again ( i think i did it in the mother thread but i am not sure : http://www.reddit.com/r/pathofexile/comments/1gsrvg/understanding_and_making_use_of_poes_economy/ ) Enjoy. Anarchy/Onslaught T-Shirt Owner. Trading Guide : http://www.pathofexile.com/forum/view-thread/519890 Killing Vaal merc with (600 life) : http://is.gd/qsgV9P [Open Beta] Let's be Crazy: http://is.gd/TxxLsS / Old Suggestion: http://is.gd/Jd09W0 << God blesses those who bless themselves >> Last edited by Inexium#6388 on Dec 31, 2013, 4:42:51 PM
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Pay attention to the currency rates, yes, and the prices on common items-in-demand, particularly maps and uniques. And while it may take a couple days to sell an Andvarius, it'll sell eventually - I flipped a pair of gloves once for 1.5ex profit, but it took several MONTHS to find a buyer.
Regarding crafting: there's a good reason why hubris, titaniums, vaals are the most in-demand craft whites. If you want to craft, craft smart. And have the currency base to ride out rough RNG patches. I have one last method to share. Make contacts. Make friends. Friends can give you bro deals on things, but more importantly, friends can get you into maps. Anyone who regularly uses their friends-list status message to fill spots in high maps or MF runs is going to be your new best friend. Examples: "running mazed 77 6 chaos buy in", "3 spots left for 71s, 100iiq 240iir", etc. People, including myself, have made exalts off selling ilvl gear from other people's maps. How to make a build: http://www.pathofexile.com/forum/view-thread/510084 Current guides: N/A Last edited by Kirielis#6293 on Sep 10, 2013, 9:27:23 PM
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This is one evil thread xD
CoCS Shadow - iSpinMyCritsRightRound
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wait til you can trade through the forums or some dumb shit and the people who have no life at work, will work the forums trade market the entire day, making it where the people who actually work and cant get online at work even poorer hehe
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Most of these methods require close attention to the market, knowing the value of various items, or spending a lot of time trading. In other words, spending a lot of time doing things other than fighting monsters and collecting loot. This doesn't help casual players or those who are new to the game.
Sad thing is thats basically you how make money, unless you get a really lucky drop |
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" The sad part is I wouldn't even mind that state of affairs. This game being trade-based in it's economic model (some hack and slash this turned out to be...) wouldn't be SO annoying to get more wealth in quickly if the trading systems weren't so painful to really get into. |
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" That's exactly what I thought! Wish there was another way just to play and enjoy. But sometimes you gotta do what needs to be done. |
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Close attention yes, did you expect to reliably get rich by not paying attention? That's not how it works.
Time commitment, no. You can watch trade chat while clearing docks, Lunaris or even Trial. While the map maker is rolling a new map, that's the time to say WTB WTS in trade chat, that's the time to say "hey guys, dropping out for a moment to trade ok?" How to make a build: http://www.pathofexile.com/forum/view-thread/510084
Current guides: N/A |
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Play > get drops > maybe craft something out of luck > profit
That was a huge wall of text to explain something that is so simple. ॐ "Metal Gear!?!?!?" ॐ
Onslaught: FixinToDie + Awnslot |
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" When Stephen Colbert was killed by HYDRA's Project Insight in 2014, the comedy world lost a hero. Since his life model decoy isn't up to the task, please do not mistake my performance as political discussion. I'm just doing what Steve would have wanted.
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