Welcome to this guide! This guide will prove to be a useful tool in your quest for profits.

Money-Making Methods

1) Skill-based Profit

As the name suggests, this is making money off your skills. This is probably the safest method to make money there is. However, this takes quite some time to train. It all depends on your methods. Based on a study conducted by a Runescape player, it is possible to earn about 45,000 to 50,000 mining experience within an hour. If you were focused enough, you could get a mining level of 60 or above within weeks, or maybe days.

This may seem appealing to many players who wish to earn money, and I say this is not a bad option to choose. However, what many players fail to see is that even with these skills, their profits are still largely based on the market price of that item. Well, at least you won’t make a total loss if the item you produce suddenly loses value, because your items will always be worth something.

Skill based profiteering becomes very useful at high levels eg. Mining adamantite ore in the wilderness at 1000 gp per ore, which means 28,000 gp per inventory (did you know a person’s inventory can only contain 28 items?). Still pretty fast.

2) Merchanting

What is merchanting? Basically, it means buying items at the lowest possible price and selling them at the highest possible price, for maximum profit. This is, without doubt, the quickest way to earn money in Runescape, but it is the most dangerous. Let’s use an illustration to help us understand this.

Let us assume I have a rune scimitar. Based on the market prices at this time (12th June 08) the lowest price for one is 15,080 gp. If I buy one at that price and sell it at its maximum price, 16,115 gp, I would have made roughly 1000gp. This may seem little, but what if i bought 100 rune scimitars instead? That would lead to a 100,000 gp profit. This makes this method so quick. This method is also very dangerous, as fluctuations in price could easily lead to great losses for you eg. Rune scimitars suddenly lose value and are sold at a maximum price of 14,000 gp. Bad for me if I bought 100 Rune scimitars at 15,080 gp, I would then suffer a 100,000 gp loss should I sell the scimitars.

With the introduction of the Grand Exchange, many would think that their profits would now have been very limited. Actually, no! You just need a bit more base cash (the money you start with) to buy more items to make up for the loss of profit. This, however, is a small price to pay for an automated exchange, saving you the time of going to the bank and shouting,” Big bones for 400gp!” over and over again.

3) Hybrid

With a combination of skills and merchanting you can play Situs Judi Bola and can even bet on the games you love to play, one could make a tidy sum. For example, iron ore sells for roughly 95gp, and coal sells for 185 gp. Two coal ores and one iron ore smelted together gives you steel ore, which surprisingly is worth 600+gp, giving you 135gp profit. It may seem little, but buying large amounts of ores might prove to be more effective. This method is safer then merchanting but guarantees slightly smaller profits.

In conclusion, the basic skill needed for all this money-making is observation. Simple enough, no? Yet many limit their own profits by not doing this. Watch the trends, calculate the profit margins and you’ll be making tidy sums in no time!