These are just general tips for begginners. Some are quite obvious but ill put them down anyway.
Money is very easily made in this game, way more easier then alot of other games i have played. With my first month of playing this game, I had finished Proph and nearly finished EotN. Around this time i had easily achieved 80K without much effort at all. It doesn't take alot of skill, though if you want the easiet way, it does take time, but all in all it can be done.
1. Salvaging or Merching
On your way to level 20 it is best to by the Basic Salvage Kit as even with anything higher, anything salvaged won't yeild anything higher then 1-2 crafting material.
However if you want a spike of money, most have advised NOT to salvage ANYTHING (only identify items), UNTIL you hit level 20, anything you pick up just merch as salvaging isn't really worth the payment of kits.
STORE any crafting materials you pick-up/salvage in your bank. I have one bank slot dedicated to saving up materials until i have a stack of it. Only when you have a FULL stack (250) do you then sell it.
2. Mules
A Mule is sort of like a second bank, except it takes up on of your character slots. What a mule basically is, is a roleplaying character that stays in a capital city, and is generally used to sell shmit, so if you decide to rip someone off, or they think you ripped them off, your main character doesn't get flamed everytime you log on. (believe it or not, there are people like this)
The best campaign to create a mule in is Nightfall, because as soon as you do one mission you get to the most populated city in the game, Kamadan. Proph is another decent one to make a mule on, however you will need to possibly buy a run (which generally costs 2k) to Lion's Arch (LA).
For beginners I propose you make a mule at Kamadan.
3. Selling Your Stacks
Whenever you get a stack of anything, leave it in your bank, log into your mule, and keep it on him, when you have quite a few stacks of crafting materials, shout in Trade Chat until you are able to sell most of them at a reasonable price. To check the price of a stack of crafting materials, go to the Material/Rare Material Trader, press request quote and see what price is need to buy a stack of 10 crafting materials or 1 rare crafting materials, multiply that by 25, or 250 (for rare crafting) and deduct around 500g. That will be your price of that stack of materials.
*Note* MATERIAL PRICES FLUCTUATE in the Material Trader, so whenever you sell stacks always check the price first.
Another quick way, but generally halving your profit, is to sell your stacks TO the material trader, this does require alot of clicking, but you are assured 1-3k depending on the price. This does DECREASE the GLOBAL price price of the crafting material because each time you sell, that increases the stocks of the material trader, thus having a high supply with the same demand...therefore the material traders bring the price down slightly. (this does required LOADS of people selling that material for the price to drop).
4. Quests
Quests are an obvious source of income, especially Nightfall quests. With doing every quest on my warrior, and merching every item that dropped, i had around 10k by level 10.
And there you have it. Until your are level 20 and finished a campaign, your main source of income will be from selling stacks and items.
5. Items To Look Out For
2 items that do have a chance to drop at low level, and sell for quite alot are: Dyes and Lockpicks.
* White Dyes
* Black Dyes (7k-10k)
* Lockpicks (1k)
It is advised to save lockpicks for HM chests, because to buy them costs 1.5k and 10% (with out treasure hunter or lucky title) they will not break. However if you are in need of serious cash, which generally never happens, unless you come across a bargain, then it is best to save them.
Goes for dyes as well, cause as soon as you get your Prestige Armour, You will want to pimp it out.
Money is very easily made in this game, way more easier then alot of other games i have played. With my first month of playing this game, I had finished Proph and nearly finished EotN. Around this time i had easily achieved 80K without much effort at all. It doesn't take alot of skill, though if you want the easiet way, it does take time, but all in all it can be done.
1. Salvaging or Merching
On your way to level 20 it is best to by the Basic Salvage Kit as even with anything higher, anything salvaged won't yeild anything higher then 1-2 crafting material.
However if you want a spike of money, most have advised NOT to salvage ANYTHING (only identify items), UNTIL you hit level 20, anything you pick up just merch as salvaging isn't really worth the payment of kits.
STORE any crafting materials you pick-up/salvage in your bank. I have one bank slot dedicated to saving up materials until i have a stack of it. Only when you have a FULL stack (250) do you then sell it.
2. Mules
A Mule is sort of like a second bank, except it takes up on of your character slots. What a mule basically is, is a roleplaying character that stays in a capital city, and is generally used to sell shmit, so if you decide to rip someone off, or they think you ripped them off, your main character doesn't get flamed everytime you log on. (believe it or not, there are people like this)
The best campaign to create a mule in is Nightfall, because as soon as you do one mission you get to the most populated city in the game, Kamadan. Proph is another decent one to make a mule on, however you will need to possibly buy a run (which generally costs 2k) to Lion's Arch (LA).
For beginners I propose you make a mule at Kamadan.
3. Selling Your Stacks
Whenever you get a stack of anything, leave it in your bank, log into your mule, and keep it on him, when you have quite a few stacks of crafting materials, shout in Trade Chat until you are able to sell most of them at a reasonable price. To check the price of a stack of crafting materials, go to the Material/Rare Material Trader, press request quote and see what price is need to buy a stack of 10 crafting materials or 1 rare crafting materials, multiply that by 25, or 250 (for rare crafting) and deduct around 500g. That will be your price of that stack of materials.
*Note* MATERIAL PRICES FLUCTUATE in the Material Trader, so whenever you sell stacks always check the price first.
Another quick way, but generally halving your profit, is to sell your stacks TO the material trader, this does require alot of clicking, but you are assured 1-3k depending on the price. This does DECREASE the GLOBAL price price of the crafting material because each time you sell, that increases the stocks of the material trader, thus having a high supply with the same demand...therefore the material traders bring the price down slightly. (this does required LOADS of people selling that material for the price to drop).
4. Quests
Quests are an obvious source of income, especially Nightfall quests. With doing every quest on my warrior, and merching every item that dropped, i had around 10k by level 10.
And there you have it. Until your are level 20 and finished a campaign, your main source of income will be from selling stacks and items.
5. Items To Look Out For
2 items that do have a chance to drop at low level, and sell for quite alot are: Dyes and Lockpicks.
* White Dyes
* Black Dyes (7k-10k)
* Lockpicks (1k)
It is advised to save lockpicks for HM chests, because to buy them costs 1.5k and 10% (with out treasure hunter or lucky title) they will not break. However if you are in need of serious cash, which generally never happens, unless you come across a bargain, then it is best to save them.
Goes for dyes as well, cause as soon as you get your Prestige Armour, You will want to pimp it out.