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The Smart Money Making Guide =D

Discussion in 'RuneScape Guide & eBook Sales' started by uselesspoop, May 17, 2009.

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  1. uselesspoop

    uselesspoop Guru
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    The Smart Money Making Guide =D

    Hi guys, i enjoy writting guides, but im not sure if they are up to standard, so i am sharing a guide with you all :

    POOPS MONEY GUIDE

    Poop’s Guide To MILLIONS
    Hi, and thanks for purchasing “Poop’s Guide to Millions”. In this guide, you will be learning different methods of making Millions in RuneScape. I will show you many different tips & tricks on how to maximize your time, making the best Millions. =) enjoy!
    Contents
    1. The Requirements
    2. Using the Grand Exchange
    3. Merchant clans & Manipulation
    4. Skilling while trading
    5. Doing things the SMART way
    6. Things you should look out for!
    7. Ending

    1. The REQUIREMENTS
    -Capital, a sum of money is needed, preferably 1M+
    -Patience and graph-reading skills
    -Being smart, joining manipulation clans.
    -A skill ( Woodcutting OR Fishing OR Mining )
    2. Using the GRAND EXCHANGE
    Okay, the Grand Exchange is something like the real-life stock market. You can place your biddings for an item, and of course the highest bid will get the item first, followed by the 2nd, 3rd. Using this law, we can make loads of money.
    Step 1 – Pick an item. Try going to RuneScape>Gameguide>Grandexchange. There, you will be able to source for items to merchant on. Observe the graph and the dates. If an item seems to be already reaching its peak, do not merchant it. If an item E.G, Dragon 2h/Armour & Weapons is dropping rapidly, the best is to not purchase it and wait for it to rise. WHY? Armors & Weapons are most likely to constantly drop due to the “More supply, Less Demand” law. Unless the item is not manipulated by clans, the chances of it rising is low.
    Step 2 – WHAT ITEM? Think of the RuneScape items you are most familiar with, then look at its graph. The more familiar you are with that item, the more chances of it going on a rise!
    Step 3 – How much should you pay for it? If the item is a stable item, try placing an amount which is not above the market price, yet not the lowest. Put prices in between, and try to make it the HIGHEST OF THE LOWEST, and the LOWEST OF THE HIGHEST. This is to ensure you get the best trade.
    Step 4 – Selling the item. Sell the item, of course, at a higher price that you bought it at. If the item is rising, try to keep it for a while before selling it, you usually get a higher price! But if it is dropping, you either make a loss, or try to break even.
    This is a chart on how much profit you should make ( based on item value )
    1,000gp – 5,000gp/item -> 100GP – 230GP
    5,000gp – 50,000gp/item -> 230GP – 1200GP
    50,000gp – 500,000gp/item-> 1200GP – 12000GP
    500,000gp – 1,000,000gp/item -> 12000GP – 28000GP
    1,000,000GP – 5,000,000gp/item-> 28000GP – 120000GP
    5,000,000gp – 20,000,000gp/item->120000GP - 560000GP
    So if you bought maybe purple sweets, for 1.6keac you bought 1,000 of them the profit you get should be about 160K – 230K.
    3. Merchant clans & Manipulation.
    Im sure you have heard about these clans, who can make prices skyrocket, and can make prices DROP a TON. To take advantage of these clans, join them everytime you are online in RuneScape. Whenever they announce an item, immediately buy it if you think it is a viable item. For example :
    An (only) merchant item : Certain Rares, purple sweets, mostly unwanted valuables. In this scenario, you will have to DUMP the item as soon as it rises. It is because there is not actual DEMAND for the item. This is a manipulation only between traders. The one that dumps it first will always win. Do not listen to people who actually ask you to dump it only after it reaches X amount. You are a trader, profits to yourself, ONLY.
    A (dailyneeded, wanted & popular) merchant item : Food, Potions, Weapons ) These are wanted & popular items. But in most scenarios, wanted & popular items can be produced by people constantly. Hence, only STRONG merchant clans will be able to buy them all out in a period of a few days. If you find yourself trading Dark bows, Godswords, Rune weapons, this is great. You should wait about 2 days before dumping the item. Sometimes, even longer, if your merchant clan is really strong! Remembered GMAUL? It was once 120K then it rosed to 250k G.E price ( 300k Market price ). Then soon dropped to 110K. This was because a strong merchant clan had traded them
    Merchant clans :
    1) Smokin Mils
    2) Chessy018
    3) Goldmerch

    If you are influential and powerful yourself, you can create your own merchant clan! This is the BEST SURE WIN scenario. You need to have about 50+ people following you, though. Before telling them the item, try to buy out a certain amount. So you’ll get it at its cheapest while your “followers” will pay a bit more.

    This way, you will make the maximum profits, and will never lose money ! ( This is why chessy018/smokin mils wealth are always increasing, from 2B – 12B. )

    4. Skilling.

    While in a clan chat/waiting for your G.E items to sell/buy, you should be Skilling. NO, not with one account, but with two! The best two should be : Mining pure essence, fishing lobsters in catherby, Woodcutting yews/magics in f2p/p2p.

    OR one account can have a little strenuous activity like killing Green Dragons while the other can fish/mine/woodcut.
    This skilling if you combine green drags + fish will earn you about 400k – 600K per hour! And you still earn more as you have your items in G.E!

    How to login two accounts? Simply open two Mozzila Firefox browsers and go to DIFFERENT worlds, then login. Jagex will not ban you for it ( they can’t find out, and you can tell them you and your sibling were playing ).

    Not only does Skilling make you loads, it also trains your levels =). Killing two birds with one stone!
    5. Doing things the SMART way.

    1. Always look for the best training spots/woodcutting. If there are too many people fighting in Dragons, simply hop. Don’t be childish and try to fight for the dragons.

    2. Double Log-In. It’s twice the profit, why not?
    3. If you fail to buy items in G.E for a long time, simply make a higher offer/change item. Don’t waste your time!
    4. Always merchant more than 1 item at once, this way even if one loses money, you make from the other one! Or maybe you can even have 2X the profit!

    6. THINGS YOU SHOULD LOOK OUT FOR.

    1. If you are manipulating with a CLAN, make sure you do not buy the item on the last day! You will make a big loss as many are dumping.
    2. If you are unsure which day the item started, simply wait for the next item.
    3. Always be the first in the clan to know the item, this helps a lot!
    4. Don’t be stupid and blindly merchant what people say, do further research on it.=)


    8. ENDING.

    Okay, that’s all for now. I hope you enjoy the guide. If you are unhappy/need updates, feel free to contact [email protected]
    The only reason why im not providing money making ways like ( snapgrass, vials ) are because they are already on Youtube/guides.

    HAPPY MAKING YOUR MILLIONS =)
     
  2. MuaythaiKid

    MuaythaiKid Member
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    The Smart Money Making Guide =D

    bump!
     
  3. Pryde

    Pryde Apprentice
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    The Smart Money Making Guide =D

    Why are you bumping this? -___-.
     
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