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This is my first complete guide.
Table of Contents
1. Getting started
2. Turning that 1.5k into 50k
3. Turning 50k inot 1m by flipping notes
4. Flipping coal
5. Make money with runes
1.I will assume that you already have a player account set up and are
familiar with how to get around and trade. (Note if you already have 1500gp
or more skip this chapter and goto chapter 2) The first step is to get
30gp. Do this by any means. Sell the items you start with and start
killing goblins around Lumbridge. Of course keep the items you need
to kill the goblins. Once you have the 30gp clear out your inventory so
that all you have is the 30gp. Next head to Port Sarim. We are
heading to the island of Karjama. You will have to talk to a man
dressed in blue standing on the dock. It will cost the 30gp for the ride
to the island.
When you get there, walk off the dock and you should see a house.
Enter the house and talk to a man named Luthas. He will ask you to pick
bananas. Answer "Yes", pick bananas, put them in the crate, then talk to Luthas to
collect your moderately earned 30 GP. If you would like more money in multiples
of 30, ask him to get another 30 GP for doing the job again. Stay here
and keep doing this until you have 1500gp.
Note. If you do not know where the places are look on the map.
2.Turning Your first 1500gp into 50,000gp
Once you have 1500gp in your pocket it is time to start doubling or
even tripling your money. To do this go to the fishing dock on Karjama.
There you are going to buy as many cooked lobsters as you can. The
going price is 100gp to 300gp. Usually you can get them for 125gp.
Once all your money is spent or your inventory is full it is time to
leave. Remember to save 30gp for the ride back to Port Sarim. Talk
to the customs officer to go back. After the ride head toVarrock’s town
square and sell your lobsters for 200gp to 300gp each. You can start
by standing in the market and saying “cooked lobby’s for sale” it will
not take long to sell them. Usually the market is jam packed with
people and it is hard to see what people are saying so check out the
bonus on the download page for a macro that will help you with typing
messages. It will allow you to say “cooked lobbys for sale” really fast
over and over so you can get other people’s attention.
So say you started with 1500gp and bought 12 lobsters for 125gp
each. You would have to work the banana farm one more time for 30gp for the
ride back. Then you sold the lobbys for 225gp each.. You would now
have 2100gp. That is 1200gp profit!!! You now have enough to go
back to Karjama and buy 21 lobsters turn them into 4725 and make
even more money on the next trip. Each trip from now on should
bring at least 2500gp. Keep doing this until you have around
50,000gp.
8
Here are a few tips:
Not everyone will sell there lobbys for what you want to pay. Don’t
worry about them. If there is not anyone selling try another world.
After you find someone selling for a good price ask them if they
have
or will have more lobsters to sell. Usually they are training their
fishing skill and will be happy to sell you all they can get. If you get
two or three fishers supplying you lobbys you are in business!!!
You can use the macro to buy the lobbys too.
Once you have some money buy as many lobbys as you can and
make
a run to the bank. Turn them into notes and go back to buy more.
You can get more for your lobbys when you have a lot of them.
You do not have to sell them just at the Varrock market. Other good
places to sell them are:
t
he Edgeville bank,
Falador bank,
Varrock banks,
Draynor bank,
Or anywhere else.
3.Turning 50,000gp to 1,000,000gp By
Flipping Notes
B
y now you should have around 50,000gp by running lobsters from
Karjama. That is a good way to make money to start, but there is a
better way. It is called Flipping notes. Simply stated flipping notess
is buying them for a price lower than what you can sell them for.
If you have been selling cooked lobsters for a little while now, you
know what the current market price is. (As of April 2004 the price is
between 100gp and 300gp.) Still make the run to Karjama to buy
lobsters but now start asking to buy lobster notes as well. You can
find many people there that will sell there notes for 175gp each. You
can also find people at the market that will sell their notes for less
than the highest market rate. I once bought 100 notes for 150gp each
on one end of the market walked to the other end of the market and
sold them for 200gp each. I made a quick 5000gp.
Sometimes you will run across someone selling 200 to 1000 notes.
This is
where the big money is. To buy that many, however you have to have
a lot of money. On 4-13-04 I bought 5000 lobsters for 175gp each.
That cost me
875,000gp. However I know that I can sell them for anywhere from
200gp to
300gp each. If I sold them for 225gp each I will have 1,125,000. A
250,000gp profit!! The point is That it takes big money to make
big money!!! And once you have your first million it becomes easier
to make more.
Here is one of the most important tips you will find!!
In this guide I have stated prices of lobsters by giving a range 100 to
300.
That is called a price spread. The trick is to buy just a little higher
than the lowest spread price and to sell just a little lower than
the highest price spread.
If you demand that you only buy for the lowest price you will make
more per lobby but if you buy just a little higher than the lowest you
will find more sellers. You will make less per lobby but will flip more
lobsters around, therefore make more money. The same is with
selling. You can try and sell your lobsters for 300gp each and there
are people out there that will buy them for that, however you will sell
10
them a lot faster if you lower the price a little. My goal is to make
50gp to 100gp per lobby. To do this you must be familiar with the
market values of the lobsters which can vary.
I
f I know that I will not be playing for a while I will sell all of my
inventory or cash out. That way if while I’m gone and the value of the
lobsters drops I will not have lost anything.
I have made all the money that I will ever need in Runescape by
flipping
notes. In this guide I used lobsters as an example but you can use
the principle on anything. I made my first million by flipping coal in
2002. As you can see you do not have to have a high level miner or
fisher or crafter or anything. Any noobie can do this and make
millions!!!!!
I know that if you follow the techniques in this guide you will be a
successful millionaire in runescape. That’s it what are you waiting for
go and start making your millions right now!!!!!!!!!!
4.Flipping Coal ****Update 12-28-04
Here is another way to make crazy money by flipping coal. I kept this
at the bottom because it does take some seed money of 100,000 to
get started. But once you get going you are set for life.
As of December 2004 coal is going for 75 to 175gp ea. You can buy
all the coal you want for 100gp each at the east bank in Falador on
the high number worlds. Again, if noone is selling on your world
switch until you find people selling. Once you have 1,000 coal people
will be willing to buy them for 150ea on world #1 right there at the
Falador east bank. That’s a 50K Proffit!!! There is no traveling
required when doing this just switching worlds. I have bought over 3k
coal in one hour for 300,000. I then went to world #1 and sold them
for 150gp ea or 450,000 and made 150k profit!!! It is very easy to buy
coal here because there are miners traveling back and forth from the
mine to the bank here. Do not, I repeat, do not try and sell in
amounts of less than 1,000. You will not be able to get the best
selling price with small amounts.
Another way to find buyers is to check the forums there are always
people buying coal there in large amounts. If you are f2p you can just
read the post, but if you are a member you can advertise your coal for
sale a 150 ea and it will sell right away.
Also be sure to ask if people will mine for you. Most people are
training their mining skill and will sell you all they can get. Once you
have a few people mining coal for you regularly you are set for life.
Have fun making millions!!!!!!!!!!!!!!!!!!!!
5.Making money with Runes
Here is another way to make money by trading runes. You can buy
chaos and death runes from the rune shops in Varrock and at Betties’
shop in Port Sarim.
The shop prices are 90gp for chaos and 180gp for death. You can
then check the weekly price guide to see the average selling price.
As of 1-18-05 these were the average advertised buying and selling
prices for the two runes.
Chaos average buying price = 156gp average selling price = 175gp
Death average buying price = 350gp average selling price = 360gp
As you can see this is a very easy way to double your money,
however a lot of people know this and the rune shops inventory is
always low. To get around this you can try the following tips:
· Go to worlds with as few people as possible.
· If the rune shop is out of runes change worlds.
· Try playing at different times to find when there are fewer
people playing.
· First thing in the morning is a good time to try.
· You also can ask to buy runes from the other people who are
buying perhaps they will still sell for a low enough price that you
can make a profit.
Well thats my guide hope you like it and hope it helps all of you in achieving milions on Runescape.
An update will be later on with pictures.