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WG Rene

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  1. love
    WG Rene got a reaction from Victtoriaa in [Accepted] Victtoriaa   
    Welcome, saw you a bit in the cc earlier. Glad to have you with us.
  2. Haha
    WG Rene got a reaction from Userper in What I have just learnt about Vorkath from the cc is pretty disappointing   
    @Adult Cat is this family of yours?
  3. Haha
    WG Rene got a reaction from Mask in What I have just learnt about Vorkath from the cc is pretty disappointing   
    @Adult Cat is this family of yours?
  4. thinking
    WG Rene got a reaction from Adult Cat in What I have just learnt about Vorkath from the cc is pretty disappointing   
    @Adult Cat is this family of yours?
  5. Hash
    WG Rene got a reaction from Adult Cat in Tips for newcomers in clan   
    Why the fuck did I suddenly get tagged in this. I am so confused.
  6. Like
    WG Rene got a reaction from WG Fargorn in Only 2 left to go   
    Welp that's what grinding out master clue steps and elite diary reqs does to a man.  Should also be getting 2k total with this max cmb grind.
     
    after I finish the max combat grind and 89 agility it's probably gonna be getting all elite diaries done.
  7. Like
    WG Rene got a reaction from WG Fargorn in I'm no robin hood   
    But I can still hit a shot.
     

     
    Only 3 left till I've got all combats maxed. Slowly getting there
     
     
  8. Like
    WG Rene got a reaction from WG Megasweet in I'm no robin hood   
    But I can still hit a shot.
     

     
    Only 3 left till I've got all combats maxed. Slowly getting there
     
     
  9. Like
    WG Rene got a reaction from eag in ChrisYeah's in-depth Flipping Guide   
    Good guide, concise explanations, well sourced and everything important has examples attached.
     
    Well done mate! really nice written guide.
  10. Like
    WG Rene got a reaction from WG Fargorn in PvMers, what do y'all usually do?   
    Well a lot of the better consistent money makers are solo bosses like vorkath and zulrah. Outside of that for a bit more socialising during content I like doing some group gwd or corp beast as I hate grinding the solo money makers.
     
    Truth is PVM is a very broad concept. If you want some actual challenge? Yeah you should be doing ToB or if you want to work up to that do some CoX. Looking at your stats however, just focus on levelling up right now and enjoy the grind. Hell if you wanna get into making a bit of profit get into slayer and train your stats up that way. Once your higher levelled there are plenty of opportunities to go on pvm trips with clan mates. Not just that but a good number of solo bosses are locked behind slayer as well
  11. Like
    WG Rene got a reaction from WG Lohow in Another step closer to 126   
    On to defence and after that, burning my bank.
     

  12. love
    WG Rene reacted to Geno cider in Advanced Merching - Linked Items   
    Introduction: Linked items is a term I used to describe items that have their prices linked in some fundamental way. In that sense, the rise/fall in price of one item will eventually result in changes in price of the linked item(s). By carefully watching the prices of two linked items, you can make rapid, short term merches (<1 week) to make lots of gp.
     
    Basic example 1: The items air orb, battlestaff, and air battlestaff  are forever inversely linked in price. The air battlestaff price is fixed by the alch value of 9300 gp. If the price of air orbs goes up, the price of battlestaff will deter people training crafting using this method. Thus, the supply of battlestaff will outweigh the demand , and price will drop to the equilibrium point. Vice versa, is the same. 
     
    Basic example 2: The items zulrah scales and antivenom are directly linked in price. If the price of zulrah scales increases, the price of antivenom should increase, as zulrah scales are used to make antivenoms. 
     
    Advanced example 1: The items of the air battlestaff are also (in an abstract, long term way) linked to the cost of training crafting. If for whatever reason, jagex gives everyone free 200m crafting exp, the price of both air orbs and battlestaff will drop. This is because players will have no reason to make air battlestaves unless it's for profit, and for there to be profit, the prices of orbs and battlestaff combined must be less than 9300. For a more realistic scenario, see how the introduction of wyrm/drake bones crashed the price of dragon bones.
     
    Advanced example 2: The items of zulrah scale/zulrah uniques are directly linked to the price of high end magic gear (mages book, eternal boots, etc). 
    https://gyazo.com/ff925192cebb41a7285f54fac4e1e3b2
    https://gyazo.com/ff925192cebb41a7285f54fac4e1e3b2
    Those are the two graphs of zulrah scale and eternal boots, just to show you I'm not spewing shit out of my ass. 
    Why? The profit of zulrah increases as the price of scales goes up (doing zulrah is net positive in scales) and some other reasons out of this topic's scope. Magic items make up the more expensive gearing options for zulrah. 
     
    Advanced example 5 (I actually did this): Yesterday the price of antivenom spiked up to 8k from 4k, likely due to zulrah-related updates causing market instability. This graph shows a small blip where the price spiked (graph not 100% accurate on real trading price).https://gyazo.com/d1aa8328a6dd73056ad84550ea3590e9
    From this, I hypothesized that antivenoms, in general, were going to spike in price. I noticed that antivenom+, was still trading at its normal price even though its weaker version was spiking at 8k. This graph shows how the antivenom+ spike was ~12 hours delayed after the spike of antivenom. https://gyazo.com/1990e761cec0b0382686ff48ac7516e4
    I bought ~10k antivenom+ yesterday, using as many accounts as I could, and made ~1k profit on each of them, for a total of 10m in 15 minutes of runescaping.
     
    Thank you for reading, I hope to provide more insight in future posts on how to successfully make money off the grand exchange.
     
     
     
  13. love
    WG Rene got a reaction from WINstanley94 in 2/3 done   
    Just got rex left to go: Been lucky on these one so far.
     


  14. love
    WG Rene got a reaction from Boefis in [Accepted] Boefis   
    Welcome Hugo, more dutchies to join the crew eh.
  15. Like
    WG Rene got a reaction from WG Wessoxx in Making my acc ready for PK.   
    I agree with the above points, however I feel you can be ready to pk before that:
     
    In general I suggest you start running along on pk trips the moment you get piety 85+ melees and range and at the least 82 mage. Sure these aren't optimal stats, but youl'll still be an asset to the team and you'll get some valuable experience, because even if you have the stats if you're running around unaware of what to do you'll be just as useful as having the same stats you do now.
  16. love
    WG Rene got a reaction from WINstanley94 in 99 Fists in the air.   
    Just a lame strength noob now.
     

     
    I'd like to make an honorable mention to my untrimmed hp cape which sacrificed itself because  I was afking too hard at nmz
     
    Good night sweet prince 😢
  17. love
    WG Rene reacted to ChrisYeah in ChrisYeah's in-depth Flipping Guide   
    Hello everyone and welcome to my (somewhat) in-depth flipping guide! I've been wanting to do this for awhile now since this is basically what i do best in OSRS. If you know me, you'll know that i basically live at the G.E. I've been flipping for the past year studying how the market works and the in's and out's of it. If you don't know what flipping is, its basically you buying an item(s) from the grand exchange for a certain price and selling it back for a higher price for PROFIT. I know that we are known for PKing and I've learned a lot from going on trips with you PK fiends, but hopefully now i can teach you a little something about something i love in OSRS.
     
    DISCLAIMER: THIS GUIDE IS TO HELP YOU MAKE AS MUCH MONEY POSSIBLE, HOWEVER, THE MARKET CAN BE TRICKY SOMETIMES AND YOU COULD LOSE MONEY, SOMETIMES A LOT DEPENDING ON THE SITUATION.  (flip at your own risk) 
     
     
    BEFORE YOU FLIP: 
     
    Before we start talking about the juicy stuff, lets talk about the stuff you need to know before you start becoming runescapes richest man. 
     
    YOU NEED MONEY   
     
    Obviously, you need money to start flipping. If you want to make a decent return on investment (ROI) i'd suggest 10+ M, however if you don't have that much cash, a few Mill will do just fine. 
     
     YOU WILL LOSE MONEY  
     
    Yeah i know, why are you even reading this guide if you are gonna lose money? It's part of the deal, you have to live and learn, same with flipping. Sometimes the market shits the bed and that flip you thought was gonna be a goldmine shits the bed too. 
     
    YOU WILL MAKE MONEY  
     
    This is what you wanted to hear right? I GUARANTEE you that if you follow the guide, you'll make money. Flipping is one of OSRS least common things to do because people are scared to try or just don't know how to do it. Hopefully by the end of this guide you will give it a shot and make some big $$$.
     
    BUY LIMIT  
     
    There's this thing called a buy limit in OSRS which prevents people from exploiting the Grand Exchange if there's a really good flip. The buy limit can vary depending on what item you want to buy. For example, if you want to flip runes, the buy limit is 12k but if its something like a Berserker Ring, its only 8. The buy limit resets every 4 hours, that means if you put in an offer for a berserker ring at 5:00 PM and it sells, your buy limit for the next 4 hours until 9:00 PM will be 7 since you already purchased one. If you have Runelite, it will show you the buy limit above the item you are trying to buy like this:

     
     
    RETURN ON INVESTMENT  
    Return on investment is basically just fancy for the margin of money you will make. The ROI is calculated by subtracting the sell price from the buy price (margin) and then dividing it by the buy price, then you multiply it by 100 to get a %. This probably sounds confusing so ill walk you through it better. 
     

     
    I bought the Black chin for 3,457 gp and sold it for 3,448 gp. It looks confusing because i just lost money but i was checking to see what i could flip it for and find out what the buying and selling rate at that moment is. That is called a PRICE CHECK! So now that we price checked it, we can find the ROI. To do this we take the price i want to buy it at (3,448) (THE PRICE I SOLD IT AT) and subtract it from the sell price (3,457) (THE PRICE I PURCHASED IT AT)which equals 9. After that i divide it by the buy price (3,448) which equals .00261, I then multiply this by 100 to get a %. The ROI is this flip would be .26 which is very bad. Normally I aim to go for a 1.0%+ ROI. 
     
     
    THERE ARE TWO DIFFERENT TYPES OF FLIPS  
    There's two different types of flips you can do, there is the High Volume Flip and the High Margin Flip. Lets talk about the High Volume Flip first.
     
    The High Volume Flip is a very safe flip and great for beginners. The reasoning behind this is because there is a lot less room for error when you do this one because of the lower cost of each item. Items that classify as a High Volume Flip are consumables such as darts, logs, farming supplies, crafting supplies, anything that the G.E. sees an influx of every day. I personally love to do these because its basically like guaranteed money since its so safe. Another tip if you are doing this flip is to set your offers at night time if you are doing a flip on a heavily botted item such as fish or logs. The reasoning is because the bot accounts always dump their items at the end of their night when they are finished botting for that day. This will make a marginal difference but its a small tip i like sharing. Lastly, this flip is faster than the other one because of so many of that item coming in. If you are flipping an item with 12k buy limit and buy atleast a few thousand, it shouldn't take more than a few hours.
     
    The second flip is called a High Margin Flip. This flip is a tiny more difficult than the last one but can yield much more profit if done correctly. The reason i say that is because it is much more of a risk doing a High Margin Flip because you are putting all your money on one or a few items. Back to our previous example on the Berserker Ring, its fairly expensive which means the price will fluctuate in higher gaps rather than something like a High Volume item such as an Oak log. This can be a good thing but also a bad thing but most of the time good. The only reason it could be bad is if the market on that item crashes for some reason, such as a new update is polled and people panic buy the item. Also doing a price check on this type of flip is not recommended since the prices are so high and you will lose lots price checking it. Your best bet is to look the item up on one of the websites listed below and try to YOLO buy it for less than what its buying for or you can look on G.E. tracker and see what it recommends you offering for it.  The last thing about this kind of flip is that it WILL take much longer to flip (possibly a couple days) this is because of the low influx of these items coming into the G.E., but if you are patient enough it will most likely end in your favor. 
     
     
    HOW TO START FLIPPING:
     
    Before you do anything, you need to choose an item to flip. This is the hardest part of flipping and getting started. There are thousands of items in Runescape so you'd think picking one would be easy right? WRONG. Obviously its easy to choose a random item and buy it and sell it back for a few gp for what you bought if for, but that's now what were here for. We are here to buy multiples of an item with a decent ROI and sell it back to make the big bucks.
     
    There are a few ways to find the best items to flip.
     
    The Official Oldschool Runescape website  
    The OSRS website features a grand exchange function which shows: Price rises and falls, most valuable trades, and most traded. These are all shown in Top 100. All four of them are great tools to finding an item but the most helpful one is the "Most Traded" section. This section is GREAT for High Volume Flips! It shows the top 100 traded items for the last 7 days, the reason this is so great because you can always count on these items to pay out since Millions upon Millions are being traded by the day. 
     
    The second website I highly suggest is:
     
    G.E. Tracker  
    This Website in combination with the OSRS website is phenomenal. Its a great website to look up items and see the price that its going for at the present moment. It also shows which items have a good ROI and which ones have a shitty one. Although i do not recommend trusting the ROI it has on the website because its not up to date by the second so i usually do the price check manually if its a High Volume Flip and wont cost much. I mainly use this website to search up prices of items i am interested in flipping. Another use for this website is that it shows you a general price on what you should offer which is good for High Margin Flips since you can ballpark it when you place an offer for one. 
     
    DOING A FLIP:
     
    Now it's time to put everything together you learned and do a flip. Just to show you i'm not shit talking you, ill do a flip step by step of both versions. Lets start out with a High Volume Flip. 
     
    First thing i had to do was choose an item, I went over to G.E. Tracker and decided to go into the new items list. Since its a few weeks after the Kebos update, the prices are beginning to settle. The item i chose to try to flip was the Hydra Bones. The first reason is because as you can see, the buying and selling quantity are very large. 
     
     
     
    My next step was to do a price check in-game and figure out the ROI.
     

     
    I priced checked it and wowee, that is a big margin just looking at it, but lets do the math to make sure. 5,100 - 5030 = 70. 70 divided by 5,100 = .0137. Multiply that number by 100 and you get a ROI of 1.37%! Lets try it, ill put a buy offer in for 500 Hydra Bones for 5,030. They bought in under 10 minutes surprisingly, lets put it back in for 5100 and leave it in there and see what happens. About an hour went by so i decided to drop the price from 5,100 to 5,080, it took me about another hour before they sold. Although it wasn't a great flip, we still made money which is the goal and took barely any effort. In the end, we purchased 500 Hydra bones for 5030 and sold them for 5,080 netting us a 25k flip. This flip wasn't bad but also wasn't great.
     

     
     
    Lets do our High Margin Flip now. Lets head back over to G.E. Tracker and see what we have. I went to the "High Margin" tab and looked through the list and saw that the Dragon Defender Ornament Kit had a very high ROI. (It doesn't look great in the screenshot but i took the screenshot an hour or so after i put in the offer so the price changed) 
     

     
    I placed an offer in for 1.385M and let it sit, It surprisingly came through in about 20 minutes. I immediately put it back in for around 1.42M and 5 minutes later it sold. I could have maybe priced this one higher since it seemed the price was going up but i did not want to be greedy. Lets do the math on the ROI for this one. I sold it for 1.42M and purchased it for 1.385M. If i subtract the two i get around 35K. I divide that by the selling price to get .024, multiplied by 100 to get a whopping 2.46%! 35K in about 25 minutes doing nothing sounds good to me.
     

     
     
    Both of these flips were done with less than 4M so they were very small, you can get large scale and multiply your money made by increasing the items flipped, I just wanted to do a small simple flip to show how easy it can be done.
     
    Well, that's about all i can teach you, I don't think I forgot anything but if you think i did let me know. If anyone has any questions or anything feel free to PM me in-game or on discord. If you made it this far, thank you for reading and I hope you enjoyed or learned something. 
     
  18. Like
    WG Rene got a reaction from Mask in Pictures of your Family   
    And here is me clumsily holding my godchild the day after she was born:
     


  19. Like
    WG Rene got a reaction from WG Fargorn in WG Fargorn   
    Happy birthday eh!
  20. Like
    WG Rene got a reaction from Zutheris in Absolutely Nutty   
    So 36k exp away from 80 agility:
     

  21. Like
    WG Rene got a reaction from WG Fargorn in Pictures of your Family   
    And here is me clumsily holding my godchild the day after she was born:
     


  22. Like
    WG Rene got a reaction from JB in Absolutely Nutty   
    So 36k exp away from 80 agility:
     

  23. Like
    WG Rene got a reaction from Adult Cat in No words. Only music!   
  24. Like
    WG Rene got a reaction from skyline r-32 in [Declined] skyline r-32   
    Welcome, good luck with your application.
     
    Always nice to see a prospective pker to join in on trips.
  25. Like
    WG Rene got a reaction from Killajoka in [Accepted] Killajoka   
    Welcome. I completely understand the sentiment of feeling like rs3 was too easy. Had that happen to me too. Just made achievements feel pointless.
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