In WoW, our main goal was to make gold. Well, in LoTRO, one must use a completely different strategy to make gold. Here are the pieces of money used in LoTRO.
100 Copper = 1 Silver
1000 Silver = 1 Gold
1 Gold = Rich
Here is an overview of some of the unstability as of now in Middle-Earth. Please note, that this is only for now, and we must take advantage of this in the first months of the game before things begin to settle. The "settlement" has already begun, so make your moves now.
The Auction House
What this means is that whenever you go to the AH, you can find a certain item at a certain price, and then just below the item find the same exact item for a complete different price.
How can we take advantage of this? Well, monopolize the AH of course. If you are a WoW refugee like myself, then you must throw away alot of the ol' concepts that came along with you in the exile. What I mean is that the AH is a HUGE time loss for leveling, so you must be careful, however, you may be able to make some nice dough with it if you play your cards right.
Think defensive. Probably, there are not "bottomscanners" or anything of the like developed just yet. Therefore, if you were to own the majority, then you can set the price. It becomes a manipulated "supply and demand" game. They demand it, meaning, a level 10 Champion needs a yellow sword; You supply it, meaning, you check the AH for nice swords, and you own the price.
This is difficult to do in the early stages of the game due to most of your money going to training, however, if you were to level up quickly such as our friend Jigs does, then you will be ahead of the game.
I have made a few silver with this method, and I am only in the 20's.
Another suggestion is to Bid instead of Buying Out. Again, in WoW, it was easier and better to Buyout instead of bid because of the surplus of players, but in Middle-Earth, bidding is the way to go, for now at least. Most WoW players will set a low bid thinking about the buyout only, therefore, leaving the bid low. You can win alot of items simply on bids, and either keep them for yourself, or even reselling them.
I found this out the hard way, by being the one with a low bid price.
Loot System
As it stands now, the loot system is very unclear.
What is quite funny to me is that in WoW, it was the same system and we did not have as much fussing as in LoTRO.
Pass- You do not want, nor do you need the item.
Greed- You do not "need" the item, but you could use it for your alt, or for the money it can bring you in the AH.
Need- You need the item for your particular character that you are playing at the current moment.
So, how can you make money off of this right now? Easy, nobody is familiar with the loot system. Everyone thinks it "sucks," (is how they put it in the LoTRO forums.)
Basically, there are not any leaders, (at least at mid-range levels) that know how to "lead" a group and explain the loot system. So, my suggestion is to "need" on every item. Granted, you will run into those few groups that will get angry at you for needing everything, but if that is the case, in order to save your rep, I would suggest being sensitive to that. But for the most part, if you need on everything, you have a better chance at getting more items to sell to both vendors and at the AH.
Unstable Market
I have already touched on this. The market is very unstable. I, as others, have found ourselves selling off recipies and such to vendors because they are just "in the way."
It is important to watch what you are selling off to save that room in your bags.
Unstable Items
I have already touched on this as well. Just do your best to learn the important items. Just because you have a purple recipie does not mean that it is as rare as it may seem.
Basically, you only have so much room in your bags and in your vault. My advice is to do your best to make as much money as possible, whilst saving valuable leveling time. The faster you get to 50, the better right now. If you are that high, you have a better chance at controlling alot of the market.
This is at least my take on it so far, and I am sure that many would agree with the unstability.
- Copper
- Silver
- Gold
100 Copper = 1 Silver
1000 Silver = 1 Gold
1 Gold = Rich
Here is an overview of some of the unstability as of now in Middle-Earth. Please note, that this is only for now, and we must take advantage of this in the first months of the game before things begin to settle. The "settlement" has already begun, so make your moves now.
- Auction Houses are still "under construction."
- The Loot system is still unclear.
- The market is very unstable
- Items are simply just not "set in stone" yet.
The Auction House
What this means is that whenever you go to the AH, you can find a certain item at a certain price, and then just below the item find the same exact item for a complete different price.
How can we take advantage of this? Well, monopolize the AH of course. If you are a WoW refugee like myself, then you must throw away alot of the ol' concepts that came along with you in the exile. What I mean is that the AH is a HUGE time loss for leveling, so you must be careful, however, you may be able to make some nice dough with it if you play your cards right.
Think defensive. Probably, there are not "bottomscanners" or anything of the like developed just yet. Therefore, if you were to own the majority, then you can set the price. It becomes a manipulated "supply and demand" game. They demand it, meaning, a level 10 Champion needs a yellow sword; You supply it, meaning, you check the AH for nice swords, and you own the price.
This is difficult to do in the early stages of the game due to most of your money going to training, however, if you were to level up quickly such as our friend Jigs does, then you will be ahead of the game.
I have made a few silver with this method, and I am only in the 20's.
Another suggestion is to Bid instead of Buying Out. Again, in WoW, it was easier and better to Buyout instead of bid because of the surplus of players, but in Middle-Earth, bidding is the way to go, for now at least. Most WoW players will set a low bid thinking about the buyout only, therefore, leaving the bid low. You can win alot of items simply on bids, and either keep them for yourself, or even reselling them.
I found this out the hard way, by being the one with a low bid price.
Loot System
As it stands now, the loot system is very unclear.
What is quite funny to me is that in WoW, it was the same system and we did not have as much fussing as in LoTRO.
Pass- You do not want, nor do you need the item.
Greed- You do not "need" the item, but you could use it for your alt, or for the money it can bring you in the AH.
Need- You need the item for your particular character that you are playing at the current moment.
So, how can you make money off of this right now? Easy, nobody is familiar with the loot system. Everyone thinks it "sucks," (is how they put it in the LoTRO forums.)
Basically, there are not any leaders, (at least at mid-range levels) that know how to "lead" a group and explain the loot system. So, my suggestion is to "need" on every item. Granted, you will run into those few groups that will get angry at you for needing everything, but if that is the case, in order to save your rep, I would suggest being sensitive to that. But for the most part, if you need on everything, you have a better chance at getting more items to sell to both vendors and at the AH.
Unstable Market
I have already touched on this. The market is very unstable. I, as others, have found ourselves selling off recipies and such to vendors because they are just "in the way."
It is important to watch what you are selling off to save that room in your bags.
Unstable Items
I have already touched on this as well. Just do your best to learn the important items. Just because you have a purple recipie does not mean that it is as rare as it may seem.
Basically, you only have so much room in your bags and in your vault. My advice is to do your best to make as much money as possible, whilst saving valuable leveling time. The faster you get to 50, the better right now. If you are that high, you have a better chance at controlling alot of the market.
This is at least my take on it so far, and I am sure that many would agree with the unstability.
