http://blacklionsprofit.com Sun, 19 Jan 2014 22:58:25 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.3 Trade(r) Secrets: Finding Your Niche Markets http://blacklionsprofit.com/lions-share/trader-secrets-niche-markets/ http://blacklionsprofit.com/lions-share/trader-secrets-niche-markets/#comments Mon, 08 Jul 2013 01:59:49 +0000 http://blacklionsprofit.com/?p=4008 Definition: A niche market is the subset of the market on which a specific product is focusing; therefore the market niche defines the specific product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics … Continue reading

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Definition: A niche market is the subset of the market on which a specific product is focusing; therefore the market niche defines the specific product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that is intended to impact. (Thank you wikipedia)

In Guild Wars 2 a niche market is generally considered to be  a market that has a small but regular demand, but little supply. Some trader’s also use the term to describe their own ‘unique’ set of items of which they profit from.

Being successful in a niche market is all about dominating it, these markets don’t tend to generate a large number of sales, so you want to make sure you’re offering the lowest price and making the most profit. Is it also the reason why a lot of trader’s keep their niche markets secret, competition is not profitable.

Here’s my advice for moving into new markets

  • Build a strong list of profitable items that can be flipped regularly. Make sure that what you already do every day is completed as fast as possible, so you can use your valuable time experimenting in new markets instead of spending an entire afternoon re-listing new buy orders.
  • Read, Read, Read. Check out all of the articles at Black lions profit, including our extensive gold guide and flipping guides! You can also keep up to date with your gold making tips at guildwars2tradingpost.com
  • Think outside the box. Trust me when I say this, there are A LOT of small, almost useless markets that are great for flipping regularly! It’s also a good idea to check out older techniques and apply them to similar items, you never know what’s profitable again..
  • Ask me if an idea is viable! I don’t mind helping people out, in fact the more people enjoying the challenge of “playing the Trading Post” the stronger the economy will grow. You can contact us here.
  • Keep to your daily routine. A few regular habits are the backbone of regular gold income. Complete those dailies, keep your buy orders current, craft profitable components. When I started making gold, I wished I had daily “to-do” list for making gold. I couldn’t be bothered doing that, so I found the next best thing! my watch lists on Gold Wars 2!
  • Sign up to our newsletter. Every “so often” we will send out exclusive newsletters packed with awesome flipping tips, speculation on future price rises and even competitions for subscriptions to premium tools!

 I suggest checking out these “not-so”niche markets

  • Chef Ingredients. Whilst it doesn’t fit my definition of a niche market where there is a regular supply and little supply it is the best place for beginners to get started in. Just check out our Fruit and Veg Investment article for some ideas!
  • Crafting ‘Components’. Anything that is created through a profession, that is then used to complete a more complex recipe. For example, most items in Jewelcrafting requires crafted parts such as hooks, bands, settings  and Filigrees to complete finished jewellry so it makes sense that there will be a regular demand for them.
  • Runes  & Sigils. Strong Runes.. Superior Runes.. they are all profitable fairly regularly, and with enough experimentation you will soon build a strong list of items that sell fast and make you a ton of gold in the process.

If you are serious about making gold, I highly recommend a subscription the Gold Wars 2 tool as not only will it save you a ton of time, you will also earn buckets of gold!

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Build Your Own Computer and Max Out GW2 for Under $500 http://blacklionsprofit.com/community/build-your-own-computer-and-max-out-guild-wars-2-for-under-500/ http://blacklionsprofit.com/community/build-your-own-computer-and-max-out-guild-wars-2-for-under-500/#comments Wed, 26 Jun 2013 11:09:04 +0000 http://blacklionsprofit.com/?p=4535 Guild Wars 2 has given a much needed boost to the MMO world. Not only has it delivered a unique and enjoyable in-game experience in a genre that is overcrowded with stale combat and copycat features, but it has also … Continue reading

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Guild Wars 2 has given a much needed boost to the MMO world. Not only has it delivered a unique and enjoyable in-game experience in a genre that is overcrowded with stale combat and copycat features, but it has also delivered a new standard of high quality graphics and gameplay for fans to enjoy.

However, with improved graphics and more immersive gameplay, there is a much higher demand on your computer. While some Guild Wars 2 players have gaming systems that can easily play the game with the highest graphics settings, many struggle to get good frame rates on even the lowest of settings.

Fortunately, for those of you who are struggling to play Guild Wars 2 there is an easily affordable option: you can build your own gaming computer!

By building your own PC, you will cut out the middleman and save yourself a lot of money in the process. In fact, for just $500 you can put together a system that will be -powerful enough to play Guild Wars 2 on the highest settings.

In this article, I’m going to go over the components you’ll need in order to build a gaming computer that is capable of maxing Guild Wars 2 out for only $500.

$500 Part List for Guild Wars 2 Gaming Computer

The following is a list of all of the components you will need for your computer:

  • CPU -  AMD Phenom II X4 965
  • Motherboard - ASUS M5A78L-M LX PLUS AM3+
  • Video Card - XFX Radeon HD 7750
  • RAM -  Corsair Vengeance BLUE 4GB
  • HDD - Seagate Barracuda 500 GB
  • Case -  Rosewill Micro ATX Mini Tower
  • Power Supply -  Antec VP-450
  • Optical Drive - Samsung 24x SATA DVD RW
  • Operating System – Windows 7 Home Premium

Grand Total: ~$480-$520 (Prices fluctuate on a daily basis)

I have taken all of the prices for these components directly from Amazon. Since the price of components changes on a daily basis, I did not include specific prices. However, you can check the current prices of these components by going here. Also, by shopping around, it’s likely that you can find better deals and save even more money.

This list comes with everything you need to build your own system and get it up and running (except for maybe a SATA cable or two, for your hard drive and optical drive, which can be had for about $3-$4 each.)

Of course, you’ll need a monitor, keyboard, and mouse if you don’t already have them. However, these parts are everything you need to build the actual computer.

How These Parts Stack Up to the Guild Wars 2 Requirements

The following are the recommended requirements for Guild Wars 2 according to game-debate.com:

  • Intel CPU – Core 2 Quad Q6400 or better
  • AMD CPU – Phenom 9650 Quad-Core or better
  • NVIDIA GPU – GeForce GTS 450 2GB DDR3 or better
  • AMD GPU – Radeon HD 5670 1GB or better
  • RAM – 4GB or more

First, it’s important to note that these are the recommended requirements and not the minimum requirements. These requirements show what you’ll need to play the game at a high level.

Since the build I listed uses an AMD CPU and an AMD GPU (or video card), we’ll compare those to the AMD CPU and GPU in the recommended requirements.

First, as shown by CPUBoss.com, the AMD Phenom II x4 965 is a much more powerful processor than the Phenom 9650, outperforming it in single-core performance, multi-core performance, and overclocking ability.

The only downfall of the Phenom II x4 965 is that it requires more power. Fortunately, the Antec 450-VP power supply is a quality unit and will supply more than enough power to handle the processor and all of the other components in the build. (You can check the power requirements for this system here.)

Next, we’ll compare the Radeon HD 7750 from the parts I suggested to the Radeon HD 5670, which is the GPU that is recommended for Guild Wars 2. Using GPUBoss, we can see that the HD 7750 outperforms the HD 5670 in every test/benchmark.

And, finally, for the memory, the $500 list of components comes with 4GB of RAM, which meets the recommended requirements for GW2.

So, when we go by the recommended requirements listed on game-debate.com, it’s easy to see that the provided list of components will easily meet and surpass all of the recommended requirements for Guild Wars 2.

Start Playing Guild Wars 2 on Max Settings – Build Your Own Gaming Computer

The bottom line is that if you’re tired of playing on the lowest settings and you don’t have a huge budget, you can still build an affordable gaming computer for under $500 that will allow you to play GW2 on max settings.

And, if you’d like to get even better performance, you can always stop by Elite Gaming Computers and check out these gaming computer builds for more ideas on parts and pricing.

Author Bio: Brent

Brent runs EliteGamingComputers.com—a site dedicated to helping gamers build their own PC. If you’re in the market for a new gaming computer, check out EGC today. There you’ll find a number of different gaming computer builds for affordable gaming computers and high-end systems alike.

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June speculation 2013 http://blacklionsprofit.com/speculation/june-2013/ http://blacklionsprofit.com/speculation/june-2013/#comments Sun, 23 Jun 2013 17:39:00 +0000 http://blacklionsprofit.com/?p=4483 June Speculation, 2013 Every so often, I hope to speculate on a small list of items that I feel have the ability to make a profit through long term investments, i.e speculation. These are generally items that I am currently … Continue reading

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June Speculation, 2013

Every so often, I hope to speculate on a small list of items that I feel have the ability to make a profit through long term investments, i.e speculation. These are generally items that I am currently investing in, and are almost always bought in volume.

  • Potato‘s are currently buying at 15 copper each, which is the lowest I have seen them in a very long time! Looking at the long term graphs on Gw2spidy and using some basic maths to calculate the average monthly sell price, there is a possible return of 60% if you later sold them at 28 copper each.
  • Egg‘s are also looking good at the moment with them currently selling at only 15 copper each, which is the lowest they have been in 2013! However, they have been influenced by event speculation and content patches in the past so it is hard to gauge an accurate average price for them. If I were to “guestimate” then I would hope that they would go for around 40 copper each, which is a return of 127%.
  • I have also been playing around with strawberries lately, buying them at 30 – 33 copper each and then waiting for them to jump back up in price for an easy 10-15% return on my investment. Not only are strawberries are delicious, but they are also profitable!

P.S, The premium trading post tool, Gold Wars 2 now offers a free one hour trial for every account registered! So if you have been putting off buying the tool, you now have an initial 60 minutes to check out the awesome features. (or check out some profitable items even if you decide not to buy it!)

P.P.S, Black Lions profit is interested in hearing from you! If you have any questions or queries please do not hesitate to contact us here or here. :)

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Trade(r) Secrets: The “Set it & Forget it” method http://blacklionsprofit.com/trader-secrets/trader-secrets-the-set-it-forget-it-method/ http://blacklionsprofit.com/trader-secrets/trader-secrets-the-set-it-forget-it-method/#comments Sun, 16 Jun 2013 11:17:49 +0000 http://blacklionsprofit.com/?p=4440 Its no secret that I have made a lot of my gold by flipping crafting materials in volume, specifically Chef Ingredients. However, I have never truly revealed the key techniques I use to guarantee a profitable return every time. The … Continue reading

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Its no secret that I have made a lot of my gold by flipping crafting materials in volume, specifically Chef Ingredients. However, I have never truly revealed the key techniques I use to guarantee a profitable return every time.

The “Set it & Forget it” method is one of these technique and I use it for markets which are either slow moving (low supply/demand) or have the tendency to quickly rise and fall in price. It isn’t exactly a “secret” technique but those new to the trading world may learn something new.

This method follows a very basic and memorable formula which rewards those who are happy to wait for their profit:

Lowest price + Time = Maximum Profit

The “lowest price” is the lowest buy point on the items weekly trading post graph, or if you want to play it a safer, a couple of copper more. To find the lowest point, search for the item on gw2tp.net, scroll down to the price history graph and slowly move your cursor along the red line until you find the lowest point.

The “time” part of the formula is simply that, spending your time “forgetting” about the buy orders and continuing with your normal gold making activities.

With this method, you get the maximum profit by buying at the lowest possible price and then selling once all buy orders are fulfilled. This can net you an extra 10% – 20% profit compared to short term flipping!

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A Question about our Guild Wars 2 Flipping Guide http://blacklionsprofit.com/community/a-question-about-our-guild-wars-2-flipping-guide/ http://blacklionsprofit.com/community/a-question-about-our-guild-wars-2-flipping-guide/#comments Tue, 11 Jun 2013 09:42:57 +0000 http://blacklionsprofit.com/?p=4216 I’m just writing because I wanted to ask a few questions and tell you I really liked your guide on flipping items on the Trading Post in Guild Wars 2. I have a few questions I’m hoping you can answer: … Continue reading

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I’m just writing because I wanted to ask a few questions and tell you I really liked your guide on flipping items on the Trading Post in Guild Wars 2. I have a few questions I’m hoping you can answer:

  1. One of the bullets in your guides says “Then we check for market activity, is there a lot of movement in the graph?” I wanted to know – if there is or isn’t, what is the implication? is a lot of activity good? is a stable price better?
  2. Are there times of the day that are better for selling or buying?
  3. In your guide, using the Wrangler’s Bag example – you say “it’s important to note that only 10-20 bags are sold from the TP every day – what is the implication of that?

Answers

  1. A lot of movement in a market can result in a considerably larger profit (or loss) as you can buy when the price is dropping and then hold onto them until they rises again, selling at the peak. Whereas stable markets with very little movement are still profitable and do offer a solid trickle of profit they tend to be far more competitive with thousands of buy orders already waiting to be fulfilled. There isn’t really a “set in stone” method to flipping, simply experiment with news items by buying them low and selling them high and you will eventually end up with a good solid list of flippable items!
  2. I am not really the person to answer this question as I have a pretty busy schedule for work and other projects so I can only get onto Guild Wars 2 at certain times of the day. However, I can say that buying items when they are low during the week and selling them when they rise at the weekend is a good method to follow.
  3. The Wranglers Bag was used as an example as it a good item to flip (hint) however from my experience I could only really get 10 – 20 buy orders fulfilled per day. You could probably sell more if you had enough bags in stock.

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Gold Wars 2 Update: New Knowledge Base! http://blacklionsprofit.com/community/4116/ http://blacklionsprofit.com/community/4116/#comments Mon, 10 Jun 2013 11:08:33 +0000 http://blacklionsprofit.com/?p=4116 Today Gold Wars 2 has released a new update for their tool, including a brilliant knowledge base designed to share with you the best gold making guides around the web and to also teach you how to use all of the … Continue reading

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Today Gold Wars 2 has released a new update for their tool, including a brilliant knowledge base designed to share with you the best gold making guides around the web and to also teach you how to use all of the awesome Gold Wars 2 features.

Here’s a quick roundup of what’s new:

  • A new Knowledge Base section of the site, with an article called “Getting Started“ to kick it off.
  • New quick-link to the knowledge base under the “more” top-nav link.
  • Much needed new icons to the user dashboard which links to all major section of the site. 
  • “Flippable items” link to the home page icons. This note worthy change should help new TP investors on their way to using Gold Wars 2 faster. If you have a better suggested search combination, please share it with us

You can find out more here.

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Trade(r) Secrets: Improving Productivity http://blacklionsprofit.com/trader-secrets/trader-secrets-improving-productivity/ http://blacklionsprofit.com/trader-secrets/trader-secrets-improving-productivity/#comments Sat, 01 Jun 2013 12:00:45 +0000 http://blacklionsprofit.com/?p=4005 Improving Productivity on the Guild Wars 2 Trading Post Like me, you probably spend a lot of your time in Guild Wars 2 researching markets and undercutting competitors on the Trading Post. However, speaking from experience this can quickly get … Continue reading

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Improving Productivity on the Guild Wars 2 Trading Post

Like me, you probably spend a lot of your time in Guild Wars 2 researching markets and undercutting competitors on the Trading Post. However, speaking from experience this can quickly get addictive and before you know it you have just spent the last three hours systemically listing 20000 onions for sale when you could have been doing something a lot more fun. That is why improving your productivity on the Trading Post is important – not only will you make gold faster, but you will also have more time to spend playing the game!

Use your hotkeys on the Trading Post!

  • Did you know that the middle mouse button can be used to increase and decrease the numerical values when buying or selling an item? You don’t need to click on each field and enter your desired price, hell you can even do it one handed now! (Just don’t do anything naughty with the other hand.)
  • Your keyboard arrow keys can also be used to increase and decrease the numerical values when buying or selling an item.
  • If you have a gaming keyboard or mouse, those fancy buttons aren’t there just for show – bind them for useful shortcuts. (For example, bind a mouse button to “O” and open the Trading Post UI with one hand, again!)
  • Alt+Enter will turn on Windowed mode, place Guild Wars 2 at one side of your screen and browse your favourite Trading Post tool at the other side. This will make you 76% more productive!* (suggested tools: gw2tp.net or goldwars 2)

Limit yourself to short 30 minute Trading Post sessions.

A good rule of thumb to use is to dedicate 1/4 of your time to making gold on the Trading Post and 3/4 of your time towards exploring the game’s world and/or running around Divinity’s Reach annoying the roleplayers. Not only will this make you more productive as you are up against the clock but it will also allow you time to appreciate the other aspects of Guild Wars 2.

Participate in your community

Trust me on this, participating in my server’s community is my number one method for finding out new patch content, market drops and profitable opportunities! I am a one man operation and looking for new gold making strategies can sometimes be like looking for a needle in a haystack , it’s hard. However, if you have contacts who you can share gold making tips and tricks with.. they will nearly always return the favour in the future.

The global Guild Wars 2 community can also offer the same gold making tips as well, you just need to know where to look. I have personally recommend the Guild Wars 2 Reddit, GuildWarsGuru, Dulfy, blacklionsprofit (obviously) & guildwars2tradingpost.com.

There is also the private trading post forum, TP Extractor which offers a community of like minded individuals to share and speculate on the best gold making tips and tricks. It may not be the most active forum but there is a lot of knowledge there!

 *Out of 2 people reviewed, one said that they were now 76% more productive, the other had no idea what I was talking about.

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Competition Winner http://blacklionsprofit.com/lions-share/competition-winner/ http://blacklionsprofit.com/lions-share/competition-winner/#comments Fri, 31 May 2013 12:16:10 +0000 http://blacklionsprofit.com/?p=3995 Earlier in the week we launched our competition offering a free three month subscription to the brilliant Trading Post tool, gw2tp.net!  I actually forget to set a deadline for the competition.. However, it ended today! Each valid Twitter entry was … Continue reading

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Earlier in the week we launched our competition offering a free three month subscription to the brilliant Trading Post tool, gw2tp.net! 

I actually forget to set a deadline for the competition.. However, it ended today! Each valid Twitter entry was assigned a number and we ran them through the awesome Random Number Generator at RANDOM.ORG to determine the winner.

As you can see from the picture on the left, the number forty five (45) was chosen out of a possible 48 entrants. Great! But who was assigned number 45?

Click to reveal the competition winner!
20130531120159890

Congratulation to @Skomli for winning our competition! We have sent you a Direct message on twitter with details on how you can claim the three month subscription to the brilliant gw2tp.net tool.

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Win a 3 months subscription to gw2tp.net http://blacklionsprofit.com/community/gw2tp-competition-2/ http://blacklionsprofit.com/community/gw2tp-competition-2/#comments Thu, 23 May 2013 21:26:35 +0000 http://blacklionsprofit.com/?p=3908 To celebrate the recent release of the Guild Wars 2 API (which will allow developers to create more powerful and accurate tools) we have teamed up with the guys over at gw2tp.net to offer our readers the chance to win a three … Continue reading

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To celebrate the recent release of the Guild Wars 2 API (which will allow developers to create more powerful and accurate tools) we have teamed up with the guys over at gw2tp.net to offer our readers the chance to win a three months subscription to their powerful trading post tool.

To enter, simply tweet us at @blacklionsprofit with the following message:

@lions_profit I want to win a 3 month subscription to the brilliant #Guildwars2 Trading Post tool, gw2tp.net!

Alternatively, you can click on this link and our secret army of Asuran Golems will automate it all for you, simply click on the “tweet” button and you will be entered automatically!

Terms and Conditions

  1. Prize: Three months subscription to the gw2tp.net premium service.
  2. Only one entry per twitter account.
  3. Tweets must include a link to our @lions_profit account to be entered into the competition.
  4. All valid entries will be assigned a number and the winner randomly chosen via RANDOM.ORG

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Sclerite Karka Shield recipe http://blacklionsprofit.com/lions-share/sclerite-karka-shield-recipe/ http://blacklionsprofit.com/lions-share/sclerite-karka-shield-recipe/#comments Tue, 14 May 2013 20:16:25 +0000 http://blacklionsprofit.com/?p=3921 The Sclerite Karka Shield is obtained from the “Secrets of Southsun” Achievements and is a back item with a pretty awesome skin! (OctoNorn is the best way to describe it) However, it can also be combined in the mystic forge … Continue reading

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OctoNorn

The Sclerite Karka Shield is obtained from the “Secrets of Southsun” Achievements and is a back item with a pretty awesome skin! (OctoNorn is the best way to describe it)

However, it can also be combined in the mystic forge using the following recipe:

  • Sclerite Karka Shield
  • 250 Karka Shells
  • 50 Globs of Ectoplasm
  • 100 Passion Flowers

I don’t know what it combines into, but I am presuming it would be an ascended version. However, take a good long look at how epic this skin is and the ingredients required. Karka Shells, Passion Flowers & Ectoplasm will all be very popular over the next few days! (and possibly in the future)

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