The Lions Share - Black Lions Profit

Lions Share: March

11 March, 2013 by The Black Lion | 1 Comment

Lions Share: March 2013

There’s big changes happening behind the scenes at Black Lions Profit, with lots of new plans and idea’s slowly being set in place to help create a more active, content driven website. Our aim is to release more unique, quality gold making guides over the next couple of months whilst also providing all the tips, tricks and advice you have come to expect from our Guild Wars 2 blog and twitter account.

We recently asked you to vote on what guide you wanted to see next, and whilst the voting still continues there are currently three guides competing for that top spot! The voting will end some time next week and you should expect to  see the winning guide a couple of days later.

Website Updates

What’s Changing?

  • Simplify the post categories for easier searching & browsing.
  • The “Lions Share” will now be a monthly post covering economy and community news.
  • Guild Wars 2 gold guide improved and updated.

What’s Coming?

  • At least one new gold guide every month.
  • Weekly post discussing Market Changes.
  • bi-weekly post tracking market prices/fluctuations.
  • The possibility of an opt in newsletter with exclusive gold making tips.
  • Competition to win two gw2tp.net 1x month subscriptions!
  • Something secret.
Ms Black Lions Profit

The Black Lions’ FAQ

I have had a lot of private messages from  new player’s this week, all looking for advice on flipping. I love to help people with these types of problems, but I am getting a lot of the same questions over and over again so I have compiled a quick little “F.A.Q” which will also be copied over to the “Contact us ingame” page.

What is Flipping?

Flipping  in Guild Wars 2 is when you buy an item from the Trading Post (through a buy order) and then quickly reselling (or “flipping”) it for a profit. However, don’t forget about the 15% tax, you can use tpcalc.com to work that out!

Cool, what sort of stuff can I flip?

Pretty much anything that isn’t magically tied to your soul or account. However, there is some junk in the Trading Post you should avoid, specifically trophies. For a beginner, I would suggest flipping Tier 1 + Tier 2 crafting materials and cheap Chef ingredients.

Thanks! How did you make your gold?

Too many to list! Although flipping, event speculation and long term investments are the main money makers.

OK.. Is there anything you haven’t made gold from?

Gambling on a precursor from the Mystic forge.

What is your favourite market to flip in?
Chef Ingredients
What Trading Post Website should I use?
gw2tp.net is a great Trading Post tool for beginners, Gold Wars 2 if you are willing to pay for a great user friendly tool that is brilliant for flipping.
What am I looking for?
Create an account, add items to your watchlist and place buy orders for items that are profitable then resell for a profit. Make sure you check the graph for volatility and inflation – the graph should be stable or slowly falling/rising.
What % should I aim for when flipping?
When I am flipping crafting materials, depending on the buy price I can happily flip items for 1 copper profit. However 5% – 20% is generally a good return to aim for.