| An example of a "making millions" guide |
But they have strategies to turn 100gp into 1,000,000 gp?
We make millions off the grand exchange. What do you do?
| An example of a "making millions" guide |
The internet is flooded with sites boasting get rich quick Runescape guides or even real world trading Runescape items. It should be known that these sites are not worth your time. The get-rich quick runescape guides simply share a few outdated strategies on ways to make money (they use time calculations to show off big digits that appeal to the reader) by saying you can collect feathers for an hour to make a certain amount of gp, then if you did that over the course of a week you’d have 7x the original amount and become a millionaire quickly. Well all that is pointless. Feathers are purchasable in infinite stock, so do not waste time collecting feathers.
There are many ways to get rich on RuneScape. Some people merchant, some people kill high level monsters, some people sell items obtained from skill training. I have found that one of the easiest ways of getting rich is simply training a skill. It is time consuming, but here are some easy ways to level and make the most of your time. Here is the process:
3. Do it! Start up Runescape and get busy! Now that harmful randoms are gone, you do not need to worry about breaking your woodcutting axe or losing your lobster pot!
4. Once you fill up, hit the bank and set your character back to work!
5. Before you know it you will stack up on items you are “powering.”
The Grand Exchange is your friend. Think of it as a RuneScape stock market that IS failsafe, relatively speaking. There will never be any market crashes, however price fluctuations can vary greatly depending on certain updates, new minigames, or whatever the case may be. After the release of PVP worlds, for instance, food prices and weapons and armor skyrocketed. I sold my full dharoks set at a price 1m over what I paid for it. However, usually these updates are announced beforehand, so you have some insider trading knowledge as to whether you want to compete or not.
Just recently I started investing in lobsters. They’d sell at night at the market price: 220 / lobster, but then during the day the demand would be much higher and I’d be able to sell them fast at a price of 225 (lowest I go), which is only 5gp more per lobster, but when you sell them in bulk amounts ( i usually buy around 60k of lobsters to sell) 60k x 5 = 300k. Now , this is a fairly small profit for such a big investment (60k lobsters at 220 per is 13,200,000 gp.) Obviously this is a risky investment, so it is important to watch the RuneScape news and make sure if you do invest in something that it won’t go belly up.
As a general rule make sure the item isn’t too costly. The more it costs, the more investment you are making in for the less profit. Something cheap that is widely used is your best bet. Good luck.