I have gone from 10 million gp to 30 million in the past 4 months, and I have only been playing for about 10 minutes every day or every other day. What do I do you ask? Well please read on…
- I started off by basically selling everything that was worth more than 100k gp. Weapons, armor, ores, etc. Everything was sold to generate merchanting revenue.
- Next, I went to the Grand Exchange north west of varrock, and purchased as many Cannonballs as possible (at the time a single cannonball was averaging 185, so I bought around 50k at 181gp each. Please note that there is a 10k limit per 6 hours ( I think ) on cannonballs, meaning that you can buy up to 10k cannonballs in that time period, but then it waits before it will start buying more.
- If you don’t have Varrock armor, then skip this step. Wearing varrock armor, I now went to the battlestaff salesperson in varrock, and bought battlestaffs. If you have varrock armor 3, then you can buy up to 64 @ 7k each. Then I banked them as I bought them, and once I bought as many as possible I took them to the grand exchange and sold them for their average price (you should make about 1k per battlestaff extra). If they immediately sold, then I got the cash and put a bid up for more cannonballs at their average price minus 4gp.
- I then logged out and waited until the next day.
- Next day. I logged back in and collect any cannonballs that had been purchased, and cancelled any bids to collect any unused gp.
- Next I put any cannonballs that I purchased up for sale at the average price plus 2 or 3 gp. (Depending on which way the market is going, this may be just a little more than you bought them for, but it could be up to 10 gp more).
- Then I took my unused cash and put a bid up for as many as I could buy at the average price minus 4 gp. (saving about 450k for battlestaffs since I could buy 64).
- I repeated these steps daily, or every other day, and I now have 30M in my bank account and it is constantly growing. Try this approach or find other items that you feel could be profitable, and let me know how it worked for you.
Please post any suggestions or ideas below.
Thanks for reading!