Money Making Schemes

Nagesh answers:

The best way to make money (member or FTP) is to create an in-game business. You find employees and pay them money to bring you certain goods you can later resell. The principles are the same as starting a real-world business, but it’s a lot simpler in RS.

I bought a guide that taught me how to do this and made my first mil in about 3 days even though I was low level and not a member.

Nagesh answers:

The fastest way to make money in runescape, even as a non-member, is to merchant using the Grand Exchange, but you need a bit of collateral to work with. If you’ve got at least 1m, you should be good, but you can start with as little as 100k if you need to.

Start a journal of the prices of certain items. I usually keep track of all the runes, the rune ess, and some of the ores and bars using the Grand Exchange.

Now, whenever you see a price go down for several days at a time, and then start to go back up again, buy a bunch of it at the median price. Then, wait a few days, and sell when the price goes up, like the stock market, which is why I call this “Stock Merchanting.”

Another method is to use the items that generally stay at a constant price (say water runes for example; they’ve been at 16gp each for forever) Buy at the median price and sell at the highest price. This works best with the items that are cheap, because even though you only make 1gp on each one you trade, you can buy tons of them at a time. I routinely buy several hundred K of an item at a time, and even if i only make 1gp for each of them, if i bought 500k of the item, 500k times 1gp is 500k gp. Plus, as your money increases, so does the amount you can buy at a time, and this builds on itself over and over. I went from 5 mill to 14.3 mill in less than 3 weeks. I call this “Steady Merchanting.”

What i usually do is use half of my money for Steady Merchanting, and use the other half on Stock Merchanting. This way, i can take advantage of the volatile prices without risking too much of my cash, especially since you’re going to guess wrong sometimes. But as long as you don’t risk everything on Stock Merchanting, you’ll always be able to bounce back. Also, the prices of item’s don’t change that drastically; the price on mith ore might go down by 20 each, but if you’ve bought 30k of them, you’ve only lost 600k. That seems like a lot, but relative to what you’ll have by this time, it’s not that much.

Also, pay attention to the “Behind the Scenes” updates each month. They can have drastic consequences for the prices of times. When Summoning first came out the price of Iron ore doubled literally overnight. It’s settle back to normal now, but if i’d had my money invested in that at the time, i could have doubled my money (i had 5.6 mill at the time, which would have turned into 11 mill).

Now, each transaction takes some time, but you don’t have to be at the GE selling or buying yourself. You can be doing just about anything else. Heck, you don’t even need to be logged in to keep selling/buying. That’s the best part. I went from 5.3 mill to 14.3 mill (and counting) in less than 3 weeks, and i barely logged in for more than 5 minutes a day.

Well, good luck, and happy merchanting!

–Dee Emarr

Nagesh answers:

Look in TopGames.net

Nagesh answers:

Yeah, dont click those free game sites, they put it on a million other questions too. Anyway, with your high mining/smithing skill, you could mine iron and coal and smelt it into steel bars. Dont make stuff out of steel bars, sell it at the exchange. Last time I played, I could mine my own iron, and buy coal from the exchange and smelt it into steel and sell it back for a pretty good profit.

Nagesh answers:

Okaiiy there really isnt a fast way of making money but here are some of my ways i used to make money.

1. Go to the hill giants ( you will need a brass key and some weapon of some sort. Go to the barbarian village and once u get to the bridge take a right and u will see a small shed, use the key on the door and go down the stairs. Once u see the kill giants kill them and get their bones, after u have a full inventory of bones go to ur bank in the grand exchange. Keep doing this until u have 200 bones and sell them at the grand exchange).

2. Second way is merchanting ( get about 7k from your bank and buy vials. Then wat u wanna do is go to the closest water fountain and fill them up with water. Then go back to the grand exchange and sell them. The water vials r more gp then the vials soo u get more money then before).

3. U can also make planks out of teak logs and sell them( this is kind of a nooby way but it still works). Get some teak logs and bring them to the lumber yard and the guy will make planks for u. Bring them back to varrok and sell them at the grand exchange.