Now that you have earned 50-100k you are well on your way to making
your first million!! This chapter will primarily focus on easy ways to make
your money grow. Remember what I said earlier "It takes money to make
money." If you have not followed some of the ideas in Chapter 1, it is a
must that you do so!
What is Bulk??
When trying to make money you always need to deal with bulk
items.Bulk is simply a lot of items...generally over 1,000 of one item or
more. So 5k feathers would be considered bulk.
This goes for any item in the game.
When dealing with non-stack-
able items such as ore or fish, you will always want to deal with bank
notes. Without a bank note you could only carry 26 pieces of coal in your
inventory. When you withdraw the coal in a note, you can carry for exam-
ple 5k coal, and it will only take up one spot in your inventory bag.
If you notice an item is constantly being sold, but nobody is buying it,
then there is a low demand for the item.On the other hand, if you notice
people standing around the bank, screaming, ?Buying XXX,? and nobody is
selling it, then you will learn that this item is in high demand.
Now it's important to realize that this is just the general idea of how
supply and demand work. You obviously wouldn'?t want to go by 3k of an
item just because one person is looking for it (unless that one person is
buying 3k of that item;)
You need to observe these trends to see how often people are asking
to buy them, and how often people are selling them.
There are however a few items that have remained constant for at
least 2 years in Runescape:
- Lobster.
- Coal.
- Iron.
- Feathers.
- Herbs.
Iron Ore
I often use this same process and principles with Iron ore. I will travel
to different worlds and buy as much Iron ore as I possibly can. I will only
buy for 50-70 gp each, occasionally I will purchase for higher prices if the
seller has a large amount (3k or more).
I generally offer to buy for 50 gp
each. If the seller wants more than 60 gp I will simply refuse to buy it, and
will log out of the world and into a new one. (Trust me there are plenty of
sellers out there, lol). In world 1 you can always sell Iron ore for 100gp
each. I normally try to buy ore in the Fallador bank, simply because this
town is centralized with miners since the bank is so close to the mining
guild and the mines southwest of Fally.
Cooked Lobsters
Cooked Lobsters currently are selling anywhere from 200-250gp each.
Generally though you can find sellers that will sell Lobbies (Lobsters) for
125-150 each. These are the sellers you are looking for. One of the best
ways to find a cheap lobby seller is to travel to Karamja (or Catherby if you
are a member) and go the the fishing docks located there.
You should sell all at the highest prices and buy a little higher than
the lowest price.
That would conclude Chapter 2. Hope to see you in the next chapter!