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Where to Invest ? Need Help
pratikrath86
Member Posts: 79
I have been thinking about this for some time, i might be completely wrong here, due to lack of knowledge or just plain old ignorance, but in any case thought might share my query for some good soul to clear it up.
This is regarding the Gem Store or the Cash shop. Since we are aware that we can make the following trades:
1. RL money to Gems (10$ - 800 Gems)
2. *Gem to Gold.
3. *Gold to Gem.
* Conversion rate depends on player based market.
Below are couple of scenarios i have come to think of to explain.
Scenario 1:
Save every time i reach 20 silver+ and turn 20 silver into Gems. Lets say i get 200 gems for it. And then in a day or 2 if i need to buy something for lets say 20 silver now, i convert the 200 Gems i have and get maybe 30 silver. Hence giving me a profit of 10 silver.
Scenario 2:
Buy to begin with 10$ worth of Gems. So i have 800 gems. Then convert these to gold. Lets say i get 80 silver for it. Then in a few days i need to buy something off the cash shop. I can now turn these 80 silver back to Gems and get maybe get 900 gems for it. Hence giving me a profit of 100 gems for the same 10$ i spent.
So my question is what do you guys think will the market be like and investing in Gold or Gems, which one could be more profitable in the long run ? Maybe some Suits from Wall Street could help me on this, on second thought maybe not. Maybe some Black Lion trading suits can help ?
Comments
There is NO miracle patch.
95% of what you see in beta won't change by launch.
Hope is not a stategy.
______________________________
"This kind of topic is like one of those little cartoon boxes held up by a stick on a string, with a piece of meat under it. In other words, bait."
Exactly my point. As per what i have read, the conversion rate of Gold to Gem and from Gem to gold will vary depending on how much players are buying and selling to ANET. I am aware players cant trade amongst each other, but they do effect the conversion rate with their trading with ANET. So if more poeple start selling Gems for Gold then the amount of Gold per Gem recieved will loose value. Hence you will get less gold for the gems you have today than what you might have got a few days back. Some thing on the lines of iNFLATION. I might be completely off topic, but correct me if i am wrong.
People want to mass trade gold for gems. Meaning that at some point 1 gem is probably 20gold :P
AFAIK, cash for gems doesnt change.
Ahh ok so i would always get the same amount of In game Gold for the Gems Always ... and is a permanent number ? can anyone confirm this from Betas? I never tried my hand in the BLT much during the stress test and Betas. Though i thought they had kept this mechanism to control inflation of Gold in the market. So if a lot of people buy Gems and convert it to Gold .. there would be a lot of Gold in the ingame market hence inflating the cost of ingame items.
Regarding your first point then i would think i should convert intially all my Gold to Gems as it will be at the best price to begin with and Gold loosing value to gems in the long run ?
If you don't like playing the GW2 market invest all the time you need to earn gold/gems in game instead for a real job. Use that money to buy things in cash shop. You can then use some of the ingame gold you will get by playing anyway to get further gems without money.
Yes you can make plans about what is best to buy at start , later on whatever. But even if you only get a bad paid job it will still earn you more $/time than you probably ever will save by ingame means. Unless you have fun playing the market.
If WoW was released today even in its' entirety it would be f2p in 3 months.
Why is it still such a big deal?
Cash for gems = unaffected
Gems for gold = affected by market
Gold for gems = affected by market.
Cash for gems will never raise or lower its price. However the other two's will, according to how the world pays.
Hopefully prices wouldnt exagarate much. I could imagine many paying gold for gems, which would make it increase - hopefully theres a max limit, so we wont see 10000 gold equals a single gem.
This is nothing to do with my REAL JOB. I live in a non Taxed country and i get paid preety well for not much work, sitting on MMORPG and reading post mostly i get paid off my Real job as well :P (though i pretend i am working very hard). That issue aside my real question was regarding the conversion dynamics of the game. What should one do to get the best buck out of your playtime and RL money put in game for Gems. From your comments i was not able to get the answer, i would appreciate if you could clarify it a lil better. Thanks. Also if you aware as the previous post suggested that the Gem to Gold conversion ratio will always remain the same?
ahh ok thanks for the clarification .. when you said cash for gems for some reason i thought Gold for gems.
I thought as much ... think i will do the same
Np
My concerns are still, that gems will be almost impossible to buy for ingame cash later on.
10 USD for 800 gems is still money, when you look at most stuff in there requires 1200 gems :P
But hey, we can buy that when we dont have sub right
Guess this aint the right forum.
True, no subbing will tempt me to buy gems for RL money, more than most MMO's have. But hey if i can play it smart to begin with i can still make an profit of getting what i need from the Gem store spending the least amount of RL money, and not having to play more than i need to, to satisfy my OCD nature when it comes to getting pixel items.
Yup, i guess we will have to play to find out, but one thing is for sure the price for Gem in terms of Gold is going to increase and not decrease. So turning your Gems to Gold initially wont be a sound thing to do but turning your Gold to gems would give a profit .. small or big is something we will eventually find out.
thats why GW2 will be a sub free game with 30% of population spending $20-30 a month.
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i dont doubt it seeing the success of D&D and LoL. Though i never played D & D but have played a lot of LoL, i am proud to say Riot was never able to tempt me enough to buy a single skin and i always had enough IP saved to buy a new hero whenever they came out with one( i called it the virgin account). Though my RL mate spent easily over 100$ to a F2p game like LoL.