Yomo Kimyata Posted August 9, 2019 Share Posted August 9, 2019 (NOTE: This was originally going to be a part of a much more comprehensive guide on making inf via the Auction House (AH), but the more I wrote, the more it began to turn into a manifesto on trading, fungibility, converters, etc. I don’t have time to write all that, and you don’t have time to read all that. Consider this to be an abridged mini-guide that may eventually become part of a bigger whole.) There are two fundamental forces that fuel the process of extracting inf from the AH: 1. People like to buy things now. 2. People like to sell things now. It is not important why this is. It is irrelevant as to whether or not this is good, bad, rational, or irrational behavior. It simply is, and that’s enough. This guide is for anyone who wants to quickly earn a few million inf. Maybe to buy some generic IOs, or tog out your alt with some low level sets. Maybe to serve as seed capital for larger, grander schemes. But this should work for anyone. These are not methods to make billions of inf. I like to refer to these methods as “picking up nickels”. You are not going to make a fortune by picking up nickels. But if you pick up a lot of nickels, pretty soon it adds up. NOTE: if lots of people adopt the policies to follow, I would expect profitability to drop or to die completely. So it goes. You take your risks by listening to me in the first place. The first two methods consist of what I call vendor arbitrage. Arbitrage is a term that means buying or selling something for a riskless profit. By buying things from the AH for cheap and selling them to vendors, you are risklessly locking in a profit. It may not be a huge profit, but there is no risk so long as you buy it for less than the vendor pays. The third method involves trading, or market-making, or flipping. You buy something low and sell it for a higher price. These principles will work on any commodity, from common salvage to Winter-Os. Method the First: Vendoring Enhancements (TOs, DOs, SOs) Some people religiously go to the vendor to sell their enhancement drops. I certainly don’t. I usually forget about it until my Enhancement indicator turns red, or until I need space in my trays for crafting or something else. So I type “/AH” and see if anyone is bidding for them. If so, I usually post them for 1 inf. If not, I grumble a bit, and either wait until I go to a store or I just delete them. I am not alone in this kind of behavior. The procedure: 1. Make sure your enhancement tray is empty. 2. Go to a vendor and open up the trade window. 3. Type “/AH”, and click the “For Sale” button that filters by only for-sale items. 4. Browse through your enhancements of choice and put in appropriate bids. 5. Claim your items, then click on the vendor window and sell it. 6. Repeat steps 4,5 until you have enough inf or get bored. These enhancements are NOT fungible by level, meaning you have to put in bids level by level rather than putting in one bid for all available levels. SOs sell for the most, and sell for the most at the highest levels, usually 10-15k at level 50. They are also the low-hanging fruit and the most in demand. Yesterday, I took 10k in seed capital and went to level 50 SOs and bid 5k on each one. If I bought it, I sold it to the vendor. If not, I took down my bid. I went through every type of level 50 SO in about 15 minutes and made about 250k. Then I started again with my filter set at 40-50. In five minutes I had about 2.5mm and I had only made it down to Magic: Enhance Defense. Lesson: don’t go for the low-hanging fruit. TOs sell for a few hundred, so you can often bid 100 and win it. DOs will go for a thousand or two. For bonus points, and for making inf while you are logged off, think ahead and put in pre-emptive bids. I, for one, would appreciate this, especially for TOs and DOs (I spend a lot of time on lowbies). Please note this does not work for IOs, since you cannot sell them to vendors. Method the Second: Vendoring Recipes (generic IOs, rares, commons) For all intents and purposes this is identical to the first method, but using recipes instead of enhancements. The procedure: 1. Make sure your recipe tray is empty. 2. Go to a vendor and open up the trade window. 3. Type “/AH”, and click the “For Sale” button that filters by only for-sale items. 4. Browse through your recipes of choice and put in appropriate bids. 5. Claim your items, then click on the vendor window and sell it. 6. Repeat steps 4,5 until you have enough inf or get bored. The low hanging fruits here are high level generic IO recipes, which will vendor for tens of thousands. In general, this means that they will be harder to come by, and people may already have bids out. However, these things drop like rain, so it never hurts to look. Generic recipes are offered every five levels, and are not fungible. A bid for a level 10 recipe is not considered a bid for a level 50 recipe. Common recipes and rare recipes can also be vendored, but for a lot less inf. I believe that commons go for 100x the level, and rares sell for 200x the level. These recipes are fungible, so that you should always bid at the highest level available, ideally at level 50. If someone sells that recipe at any available level, it will be available to you at the level at which you bid. People tend to use common recipes for crafting strategies, so they may be in short supply or too expensive, but you can pick up a lot of rare recipes for a song. Again, if you think ahead and place pre-emptive bids, you will be doing yourself a favor. You can also buy and vendor salvage, or even inspirations. That’s really picking up nickels, and I’m going to bet you probably don’t need inf that badly. You can make a lot of volume buying common and uncommon salvage and vendoring it, but since you have to sell each one individually, you are capping your profit at 249 or 999 inf per click. It’s too clicky for my tastes. Method the Third: Trading Common Salvage This is the method I generally use every time I start a new alt. You take advantage of the buy-it-now and sell-it-now crowd by being the best buyer and the best seller at the same time. The good thing about it is that is a really fast way to double, redouble, etc. your inf. The bad thing about it is that it is not scalable – you can quickly make a million or two, but more than that gets kind of tedious. It’s also a clicky method. This method works in prime hours, or in the middle of the night. It seems there are always people looking to sell common salvage in order to clean out their inventories and to buy common salvage in order to craft. NOTE: I start all of my new alts the same way nowadays. I go through Outbreak, and the first thing I do when I hit Atlas is level to 2. Then I go to the vendor and sell the two lvl 1 damage TOs the tutorial gives you, for ?80? inf each. This gives you the seed money to post the two large enhancements you also get for 5 inf apiece. This should give you at least 10,000 inf to start this method. The procedure: 1. Type “/AH”. Make sure your AH slots are all empty. You will need them all. 2. Pick a common salvage (I use Inanimate Carbon Rod because it always makes me laugh) and bid on blocks of 10 at the highest outstanding bid (“HOB”). Do this until you run out of AH slots or you are down to a thousand inf. More on this below. 3. Wait. Play your alt. Kill Skuls. You will get blue notifications that you have bought items. 4. At a logical break, open AH again. Collect your salvage, then put it back into the AH in blocks of 10. Offer it at what you think is an appropriate level, ideally at the lowest outstanding offer (“LOO”). More on this below. 5. Kill more Skuls. You will get notifications that you have sold items. 6. At a logical break, collect your sales and repeat the process. The HOB is the level at which you are the best buyer in the market. If anyone is looking to dump salvage by selling at 1 inf or 5 inf, you will be first in line to buy. You can generally figure out what the HOB is by looking at the last 5 sales – if there is a repeated number that is the low end of the range, that’s probably it. Example: 55, 55, 1000, 500, 55. 55 is probably the current HOB. You can ALWAYS find the HOB by selling a single piece of salvage at 1 inf; the price it trades at is the current HOB. Put in your bids at a higher level. You can beat it by 1 inf, you can beat it by 50 inf, just so long as you beat it. Now you are the HOB, and you are first in queue to buy. If the last five trades are all over 250 (the price you can sell to vendors), one of two things is happening. Either the HOB is over 250, or there has been a temporary spate of buying interest that is hiding the HOB. Either wait a few minutes and refresh, or try to buy at what you think the HOB is, or just put in a bid. At this time, I always bid 155 inf. It’s usually high enough to be the HOB, and if it isn’t, it generally will be in a few minutes. The LOO is the level at which you are the lowest seller, and the first person in queue to sell. Taken to its logical extreme, you will always be the LOO if you offer at 1 inf. Sometimes this is a good strategy and sometimes it can lead you to sell at a price lower than where you bought it. I suggest you pick a level at which you think you will sell it soon™. Please note that if you have a specific price target, you should keep it modest. You may want to only sell to bids greater than 1,000, but that’s a pretty high offer and it is possible that you will not make sales soon or even ever. I suggest going with something that is low and reasonable for quick turnover. At this time, I always offer at 255. This generally sells either instantly or within a few minutes. “But Yomo,” you say. “That’s a lot of work for 100 inf!” There are two things going for you. There’s a LOT of volume. You can buy or sell hundreds or thousands of pieces of salvage in minutes. Also, 255 is the absolute minimum price at which I sell, and it usually goes for significantly more. If I am the LOO, and a bid comes in for 100,000, guess who has two thumbs and makes the sale? This guy. Anyway, this is a (in my opinion) fun way to make inf. It will also teach you a lot about how to trade, and you can use these principles for almost anything listed in the AH. Good luck, and happy hunting! 1 4 Who run Bartertown? Link to comment Share on other sites More sharing options...
justicebeliever Posted August 9, 2019 Share Posted August 9, 2019 Good guide. I’ve done the first 2 suggestions in here (because you made them in a different thread) and it made a couple million easy, peasy. 1 "The opposite of a fact is falsehood, but the opposite of one profound truth may very well be another profound truth." - Niels Bohr Global Handle: @JusticeBeliever ... Home servers on Live: Guardian ... Playing on: Everlasting Link to comment Share on other sites More sharing options...
Robotech_Master Posted August 13, 2019 Share Posted August 13, 2019 Very nice! Added a link to this in my Enhancement conversion marketeering guide, as these techniques could be useful in building up enough wealth to start converting in bulk. 1 If you liked what I had to say, please check out my City of Heroes guides! Link to comment Share on other sites More sharing options...
Myrmidon Posted August 13, 2019 Share Posted August 13, 2019 Excellent information. I’m adding this to the Links section of my SG Dsicord channel. Playing CoX is it’s own reward Link to comment Share on other sites More sharing options...
ShadowWail Posted August 22, 2019 Share Posted August 22, 2019 On 8/9/2019 at 2:14 PM, Yomo Kimyata said: and H Link to comment Share on other sites More sharing options...
Troo Posted August 30, 2020 Share Posted August 30, 2020 (edited) I would never advocate for destroying in-game resources. While the suggestions are not incorrect, they are only really useful for some start up funding and could be at the expense of new or lower level players. Normal game play, crafting, or converting would generate similar or better cash flow. Join a group, folks are eager to help new players. Or find me in game. Happy to provide the same boost with less effort and not destroying low cost items from the market. Edited August 30, 2020 by Troo "Homecoming is not perfect but it is still better than the alternative.. at least so far" - Unknown (Wise words Unknown!) Si vis pacem, para bellum Link to comment Share on other sites More sharing options...
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