Avoiding Poverty - 10 Million at Level 6
Thanks for the info.
I've been rich, and I've been poor. Rich is definitely better.
Light is faster than sound - that's why some people look smart until they speak.
For every seller who leaves the market dirty stinkin' rich,
there's a buyer who leaves the market dirty stinkin' IOed. - Obitus.
The most amazing thing about this method is that it does work, because essentially, it amounts to people voluntarily giving me money. If I stood in any zone in the game asking for people to give my level 50 character a few thousand inf, I would get some funny looks but probably nothing else. But when I ask people to sell me items for much less than their guaranteed value, some of them do. It's so puzzling, it makes me want to find the people who are doing this and ask them why.
(It isn't fast money, at least not the way I'm doing it. But it is very, very safe, and I like that.)
@SPTrashcan
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Why MA ratings should be changed from stars to "like" or "dislike"
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The most amazing thing about this method is that it does work, because essentially, it amounts to people voluntarily giving me money. <snip> It's so puzzling, it makes me want to find the people who are doing this and ask them why. |
who the recipe suppliers are likliest to be.
1> First, it's important to understand that Common IO recipes on the market are
purely excess items which are by-products of whatever the supplier was doing.
It's also a fair assumption that the supplier is already slotted at the level that recipe
dropped at, otherwise you'd think that they'd use it themselves.
In short, it's an item they don't need at that point and simply want to be rid of.
2> Laziness/Convenience: I don't mean this as a derogatory point. Given #1 above,
the supplier's choices are vendor the recipe, delete it, or list it on the market.
Deleting it, while easiest, gets them nothing in return. Vending it gets a better
price for it, but it requires a specific trip to a vendor somewhere to do that.
Finally, listing it on the market will get "something" for it, and give someone else
some benefit too. It can also help get market badges (for sales).
The supplier is probably someone who visits the market frequently enough to feel
that trip is easier (or more convenient) than stopping by a vendor and it's easy
to list it for a quick turnaround sell while they're doing other marketing.
That's good for us, because we will get rewarded fairly nicely for our patient
bids and our willingness to make the effort to take them to a vendor (something
the supplier didn't want to bother with).
You could also suggest a #3, namely that the lister simply doesn't know what
the recipe is worth, so they list it low, but I'd bet that point #2 is far more
prevalent.
Regards,
4
I've been rich, and I've been poor. Rich is definitely better.
Light is faster than sound - that's why some people look smart until they speak.
For every seller who leaves the market dirty stinkin' rich,
there's a buyer who leaves the market dirty stinkin' IOed. - Obitus.
Has it actually been two full years since I originally wrote this guide? Wow!
So many things have changed in the game and I-19 is looming right around
the bend with even more additions to come.
Some key changes since 2008 (for perspective) are Dual builds, Praetoria/Going Rogue,
and Alignment Merits, to name just a few.
Two other noteworthy changes are the consolidation of the Hero and Villain markets
into one single market for all players (Hero, Villain, and Praetorian), and Gleemail.
In re-reading the full thread today, I couldn't help but chuckle over all the negative
posts along the way...
Guess what guys? The "doom" didn't happen... (told ya so! )
One thing that has not changed in all that time is this strategy.
Once again, I called on my good buddy "MCF" to put down his pina colada and hit
the markets for another quick 10 Million or so.
Here are the results of those runs:
Play Game Total Total Net Date Time Minutes In Out Inf Earned ------------------------------------------------------------ 10/23 0:06 0:06 2:53p 2:59p 24,063,200 0 10/24 0:13 0:19 12:07a 12:20a 28,358,520 4,295,320 10/24 0:13 0:32 9:10a 9:23a 32,280,143 8,216,943 10/24 0:10 0:42 12:00p 12:10p 35,869,685 11,806,485
to earn almost 12 Million inf in less than a game hour even though he's just a Level 6
character that can only carry 4 recipes at a time and has only 7 market slots.
Not bad.
So, let's review some key points about the strategy.
1> This strategy is for beginners and/or players who are market averse.
The guys who make a billion or so a week use different methods (check their guides)
2> It is easy to learn, quick and simple to do, and completely risk-free to use.
Learn the vendor price for a recipe. Bid/Buy below that price - and you're golden.
3> It works for any level of toon, be it Hero, Villain, or Praetorian.
It's the same market for all and if L6 "MCF" can do it, you can too.
So there you have it. If you want a simple and safe way to get your feet wet with
marketeering, or if you just want to earn enough to afford a few shinies for your
character, this method works as well today as it did back in 2008.
As I said in the very first post of the thread:
The only reasons players are poor in this game are due to lack of knowledge and/or lack of effort. Hopefully, this guide will help remove the first of those reasons as an excuse. |
Cheers,
4
I've been rich, and I've been poor. Rich is definitely better.
Light is faster than sound - that's why some people look smart until they speak.
For every seller who leaves the market dirty stinkin' rich,
there's a buyer who leaves the market dirty stinkin' IOed. - Obitus.
Heya. Clueless little noob here, only been playing for almost a month. Four, I really want to thank you for putting together such a simple and clear guide. I've only just tested the waters and in only one little session of buying what was immediately available and running it to the store, I made somewhere around a million. Prior to this I relied on fortunate recipe drops and not buying anything to hope I'd have enough to get some decent enhancements come the endgame. Now It's not nearly as much of a concern.
Also, I really appreciate the update. Hopping into an MMO that's been going for years and trying to find guides that are clearly still relevant is tricky and a little frustrating, so seeing your update from just a couple months back was very encouraging. Thanks much.
Jazz, feel free to look people up in game if you want a hand with stuff, there's lots of friendly and chatty people. PM me your global and I'll send you a bit of extra inf to help out.
Back in the day my friends and I used this method to quickly and easily outfit our lowbies. It was so easy, in fact, we opted to do it even when we could have simply traded influence from higher characters. 2+ years and it still works, and works well at that.
I've long since moved on to other market adventures, but the basics I picked up from using this trick serve me well to this day. So, from myself and my friends who have used (and occasionally still use) this strategy: Thanks 4!
Reading some of the replies were also worth a chuckle. Bonus.
For those who are new to this method... Try it. It does work. Don't feel bad about it either: you're helping people like me obtain my Wentworth sales badges!
I've long since moved on to other market adventures, but the basics I picked up from using this trick serve me well to this day. So, from myself and my friends who have used (and occasionally still use) this strategy: Thanks 4! |
I'm always pleased to hear that the guide helped someone. It makes writing
it worthwhile.
For those who are new to this method... Try it. It does work. Don't feel bad about it either: you're helping people like me obtain my Wentworth sales badges! |
The fact which people need to keep in mind is that we're dealing in
surplus here. Nobody can be deprived of a common recipe if they need
one (from the market tables), and these *could* have been vendored
by the supplier, or barring that, listed at vendor price, if inf was important
to the seller.
Since they weren't, it's reasonable to conclude that price wasn't the key
factor in the seller's mind when they were put on market. Most likely, it
was convenience.
Typically, the suppliers are probably high(er) level toons, who are already
slotted better than what those recipes will do for them (otherwise we'd
rightfully expect that they'd use them on their toon). They also typically
have enough inf that the price difference for their recipe isn't big enough
to concern them, given that they were listed for a bargain price.
Basically all we're doing is gathering those disparate recipes into nice, tidy
stacks, and transporting them to a vendor - for a decent profit (by casual
standards).
We're putting in effort that the seller was unwilling / uninterested in doing
themselves to maximize the price. Of course that's only a few K per recipe,
but, it adds up over time. Convenient for the seller. Profitable for us.
Win - Win.
Regards,
4
PS> I still use it myself on new/lowbie toons to get them past the initial
startup fund (I give 25M to all my newbies these days) and into the 100M
range where they can get nicely equipped with Frankenslotted sets.
PPS> With all the L50's running Incarnate content since I-19, this approach
works even better these days - those guys create a lot of surplus recipes.
I've been rich, and I've been poor. Rich is definitely better.
Light is faster than sound - that's why some people look smart until they speak.
For every seller who leaves the market dirty stinkin' rich,
there's a buyer who leaves the market dirty stinkin' IOed. - Obitus.
It worked for me, didn't even bid on 10 stacked recipes only, but with a bit of bidding, then running a mission or 2, and then grabbing what was aquired, I boosted myself (new player alltogether) from 400k to 2.6m in around 2 hours without even really trying.
As one of the people selling level 50 common IO recipes for 1 inf... please buy my underpriced recipes! I don't care if you use them for crafting or vendoring or just to exercise your delete button. Once you own them you can do whatever you want with them. I won't even know, so why would I care? I just want someone to buy them! I have several recipes listed at 1 inf right now, and they're just sitting in my market slots taking up space.
Why am I selling them at a loss?
* I want the sales badges so I can get more market slots so I can sell my drops and shop for the things I want at the same time without running out of room.
* I've made money using this method and I'm happy to give back a little now that I've outgrown it.
* I do like badges. Speaking of which, you should buy my level 50 SO's too. Only 1 inf, worth thousands. And a level 1 character can carry more enhancements than recipes.
* I can't be bothered. If you do follow this method, you will soon discover that selling things at a vendor gets boring after a while. For really cheap things like common salvage, I'll just delete them rather than waste my time running to a vendor. In the complicated equations of time/money/fun, I've found an equilibrium I'm happy with. I hope you all do as well.
Avatar: "Cheeky Jack O Lantern" by dimarie
does this thing still works?
i just come back to the game after 5 years and all my chars enhancements are outdated and i need tons of money to fix them