Buy low, sell high

Buy high, sell low

Not making enough gold? Tired of always being broke? Always wonder how all these people in Tamerial live the life of luxury while you steal stale sweet rolls from the dumpster behind your local undaunted bar? Well that time is over! For a small one time fee of 50,000 gold I will let you know the get rich secret that industry insiders do not want you to know...

Nestor wrote: »

There are many ways to make gold in this game.

1. Just do a Zone, selling all the loot you get to NPCs will net you 25K to 35K per zone after repairs after doing the content. See Number 6 for some drops.
2. Farm a Public Dungeon, some are better than others but I can net 5K gold in 30 minutes just from NPC Drops in some of them, not counting what loot I get to sell or vendor. Some are much lower in the gold per Mob Group, so pay attention.
3. Legerdemain, filling your bags with White, Green and Blue Loot will net you 5K to 15K or more, each day, on each character.
4. Farm and sell in guild stores Alchemy Reagents and Mats. Some flowers sell for 100 to 300 Gold, each.
5. Do low level crafting writs on high level characters, you get max gold and top tier material surveys if you do the surveys on a skilled character.
6. Farm Zones for desired set gear in the Impenetrable, Divines, Infused (Large Pieces), Sharpened, Precise and Training traits. Farm Dolmens for Purple Jewelry for those sets. Decon, research or vendor the off trait and green/blue jewelry.


Those are just a few ways to make gold

What kind of armor/weapons sell for a lot? Like Spriggans sword/armor with divine/sharpened?

I actually created a guide with some ideas on making money. I'm currently doing a case study with a new character.

https://forums.elderscrollsonline.com/en/discussion/325831/the-poor-adventurers-guide-to-making-money-in-tamriel

Santie Claws got it right! Steal steal steal and sell in the refuge. You can make a lot of $$$ daily and now you can find housing recipes (furniture) that sell well (you will need to join a guild with a trader preferably in a high traffic area).

1. Join guild with brothel
2. Create female character
3. Dance for 5 minutes
4. Make gold
5. Play Teemo
6. Repeat Step 5

Farm motifs. The Craglorn dailies are pretty easy to solo these days, and have a decent drop rate on Celestial motifs. I make ok money doing those when I'm bored.

Fallen_Ray wrote: »

When your eyes truly open up to the truth you'll see that gold is actually irrelevant in this game. What do you actually need it for besides gear repairs and inventory capacity upgrades? Souls gems are easily obtained from bosses. You don't need to buy potions or gear since the ones crafted are way better.

So what purpose does it actually hold?

Buying from other players? Trading items of equal rarity value would work just as well. There is no actual use for gold. You only trade it to another player for items, that other player uses it to buy other items, and so the circle goes on until it permanently hits the recycle bin once a player uses it to "purchase" a guild trader or repair gear. And the cycle reboots itself from the top.

The only reason why people give gold a meaning is because it's a pretty number to have right next to that coin icon in your inventory weather its 10,000,000 or 500,000 it gives you a false empty illusion of wealth & richness.

Gold = Time

You save yourself time by using gold to purchase something you don't want to farm. Vice versa.

Buffler wrote: »

Buy low, sell high

This.

With add-ons like Master Merchant, you can quickly see the average price that people have paid for any given item over the past few weeks.

You can also set Master Merchant to search guild stores for items that are beeing sold far below that average price. Buy those items and sell them for something more reasonable. Keep your sales slots full, and you'll make money with little to no effort. I'm pretty lazy when it comes to e-capitalism, but just doing this periodically keeps me comfortable enough.

Gold is largely irrelevant, btw - everything can be farmed and earned. Just play the game and over time you'll find yourself one day with a stockpiled amount of gold that you can use in the future because you won't need to buy stuff as much. The best way to make gold is to play the game and simply DON'T SPEND IT unless absolutely necessary.

I have a rule that every 50k that my character accumulates, it goes in the bank reserves. I always have less than 50k on my character at any time, which is fine because I don't need to spend more than that in one go anyway. I have several millions saved up for Morrowind IF I need something, otherwise it stays there and accumulates.

Some of these tips may not apply to you, but may help others:

- Farm ingredients, so you don't need to buy them, saving you gold.
- Play trials (if you can), so you get large chunks of gold each run from plunder. (I average about 12-13k per run.)
- Cyrodiil dailies are easy, but a bit slower, sources of gold. You can knock out a couple of towns and get some gold.
- Stealing stuff levels Ledgermain (if you still need max level) and can net you gold. Fencing just only 140 green items will net you a minimum of 14k daily, assuming RNG hates you and you get no blue or purple items to fence.

Go to large traffic areas and peddle your goods directly to people, undercutting whatever guild traders prices that are nearby - you will get sales. Don't bother with using guild traders - they are a rip off with dues. Make and keep all the gold for yourself!