- Posted: Tue, 03 Apr 2007 09:10:21 +0000
How to Make Your First 100k
Without Begging or Bumping
Without Begging or Bumping
A course in making gold the old fashioned way: you earn it.
Purpose of This Guide
I will take you step-by-step through a process that will earn you gold without having to beg, join a charity, PM your friends, or win a lottery. Just so you know up front, this method takes work -- yes, you have to spend your time and focus your attention at earning gold in the marketplace. But think about how much better it will feel when you have earned your wealth rather than relying on the charity of others.
In a nutshell, you will buy items in the marketplace at low prices and sell them right away for higher prices. You make a small profit on your investment and repeat this process until you have as much gold as you need.
The following paragraph gives you an alternative to reading the rest of my guide. If you don't like to read or don't want to use the marketplace to leverage your gold into a fortune, then read the following paragraph. If you don't want to take the time to learn about trading in the marketplace, I can tell you in one easy step how to make 100k on Gaia without any work at all. Purchase $25 worth of Monthly Collectibles -- 10 envelopes -- and put them all up for sale in the marketplace. If you buy the envelopes early in the month, you will probably get no less than 10k per envelope -- later in the month you might even make more. Ten envelopes times 10k each = 100k. I support Gaia, and encourage you to purchase a few Monthly Collectibles each month if you can, but you don't have to spend real money to build up a nice nest egg of gold.
1. Prerequisites and Recommendations
2. A Brief Overview of the Method
3. Choosing an Item
4. Buying Your Item Below Market Value
5. Selling Your Item at Near Market Value
6. Tips and Hints
7. I've Made 100k, Where do I Go From Here?
A. Working with Common Items
Ok, I really thought I didn't need to post any rules, but it seems that I need to spell out a few prohibitions, and at the request of the moderators I have moved the rules to this first section to make them more prominent.
- NO BUMPING -- The thread doesn't need bumping. It has enough traffic to keep it on the first page of the guides forum and bumping does not add to the discussion. Note that I report all bumps, and you could end up reprimanded or even banned if you bump repeatedly in the Guides forum.
Post only relevant discussion and questions about trading in the marketplace. To quote our benevolent moderator, "This isn't a hangout thread." Don't post updates to your gold balance or your latest triumphant sale. Do post questions (and answers) you have about trading in the marketplace and advice or discussion relevant to trading. For conversation that doesn't belong here in the guide, please feel free to post in the How to Make 100k Chatterbox thread.
Don't quote any sections from the first page -- If you had a question about a sentence or two, sure, quote just that section, but don't quote an entire chapter of the guide. I'll just report your post and have it removed.
No Advertising -- I know it's a popular thread and you might get some exposure, but advertising doesn't belong in my thread. Again, I'll report your post and have it removed.
No begging -- If you read the guide and put it into practice, you don't need to beg for gold. So do not post requests for donations, your list of desired items, or a banner for your quest. (I don't care what you put in your signature, this prohibition expressly prohibits begging in the content of your message.)
No lewd or irrelevant comments -- Basically, this thread doesn't need your random comments, especially if you start trolling.
No stretching the page -- It's just plain rude.
Sorry, I really didn't want to post a list of rules, but by doing so, I can better serve the rest of the list by getting some of the trash removed.