Yeah, this type of work requires you to just buy the mats, refine then sell them back to the market. Crafters will buy the mats you refined and craft armour/weapons and sell that back on the market. That's how we keep the albion economy going.
Usually 2 days. If I was to sell it all in one city, then it will take months as other refiners tend to undercut you for mass producing and trying to sell it all in one place. So it's best to split it to the different royal cities.
Uh luckily when I release these videos everything I refined has already been sold. This video was made 2 weeks after I placed everything up on the market. It wouldn't be smart for me to make this video, upload it to RUclips then sell my resources, everyone will see this video and undercut me so hard. So thankfully everything has already been sold ahead of time before I made this video.
@@ItzMusihello i have a question. Do you usually renew your sell order if u get undercut? If it was only let's say 2000 planks with 2 silver price difference, would you renew your sell order?
No, the refine bonus is your profit, if you refine with no bonus than you are making no profit back. It is why if you're looking to refine wood, you should always go to Fortsterling because of the refine bonus. If you refine hide then go to martlock etc.... so please refine in the correct cities for the bonuses.
Oh if I can be honest probably not a good idea. You see when that happens plot owners who owns refining stations will raise the tax price because of the 40% bonus, on top of that large economy/refiners like myself who owns mammoths will mass buy the resources, and will mass refine because of the 40% bonus. I know this isn't the answer you want to hear but when the 40% bonus arrives bigger guilds, and players will jump on this opportunity "myself included" and smaller refiners won't be able to compete.
thanks for sharing to us your wisdom and knowledge sir! keep grinding!
this is very2 good!!
Hy do you if there is a video on how to calculate station fee and how to calculate and include the return rate in a spreadsheet?
so if i had enough funds should i just buy mats in market rather than gathering them?
Yeah, this type of work requires you to just buy the mats, refine then sell them back to the market. Crafters will buy the mats you refined and craft armour/weapons and sell that back on the market. That's how we keep the albion economy going.
How long would all that take to sell if u split it in all royal cities?
Usually 2 days. If I was to sell it all in one city, then it will take months as other refiners tend to undercut you for mass producing and trying to sell it all in one place. So it's best to split it to the different royal cities.
@@ItzMusihow do you manage being undercut by a lot ?
Uh luckily when I release these videos everything I refined has already been sold. This video was made 2 weeks after I placed everything up on the market. It wouldn't be smart for me to make this video, upload it to RUclips then sell my resources, everyone will see this video and undercut me so hard. So thankfully everything has already been sold ahead of time before I made this video.
@@ItzMusihello i have a question. Do you usually renew your sell order if u get undercut? If it was only let's say 2000 planks with 2 silver price difference, would you renew your sell order?
Is it fine if I refine even if there is no refining bonus?
No, the refine bonus is your profit, if you refine with no bonus than you are making no profit back. It is why if you're looking to refine wood, you should always go to Fortsterling because of the refine bonus. If you refine hide then go to martlock etc.... so please refine in the correct cities for the bonuses.
@@ItzMusi what I meant is the daily bonus, should I wait or the 40% bonus is enough to make profit?
Oh if I can be honest probably not a good idea. You see when that happens plot owners who owns refining stations will raise the tax price because of the 40% bonus, on top of that large economy/refiners like myself who owns mammoths will mass buy the resources, and will mass refine because of the 40% bonus. I know this isn't the answer you want to hear but when the 40% bonus arrives bigger guilds, and players will jump on this opportunity "myself included" and smaller refiners won't be able to compete.
Thanks!