Best single moneymaking skill?

[kdb148]

 

 

 

I don't see what's so hard to understand. RCing is that you start rcing and in that hour you have made the money. For this farming method you plant it, you LEAVE IT FOR A WHILE and come back. There may not be any effort, but the time is still there. We're calculating the rates on a basis of money per time. Not money per effort. The time spent waiting still counts.

 

 

 

But you're missing the point. To calculate true profitability, you have to factor in the opportunity cost. When you RC for an hour, you must do it to the exclusion of all other activities. Crafting natures has the highest profit margin for that time, so you still come out ahead in the end when you take into account the next best moneymaking skill, which would probably be mining runite, if you do it properly.

 

 

 

Think of it this way - say you make 500k an hour by runecrafting, and you can make 400k an hour mining runite (made up numbers). If you spend an hour mining runite, you actually lose 100k. Why? Because you've given up the opportunity to make 100k more by choosing to mine instead of craft nature runes. Businesses will always take the opportunity cost into account, because it allows them to calculate the most efficient way to spend their time. As it is in Runescape, although such calculations are meaningless to most players, because rewards such as XP mean more to them. But from a pure monetary standpoint, it has to be accounted for.

 

 

 

Now, look at farming. You take 8 out of every 75 minutes to do a farming run. Growing snapdragons will net you 140k in that 8 minutes. 8 minutes of RCing, even at 500k per hour will net you around 67k. Which means that if you spend those 8 minutes RCing instead of farming, you are losing 73k. More importantly, though, not farming for the other 67 minutes doesn't cost you anything, since the profit from farming while your herbs are growing is zero. This leaves you the opportunity to craft nature runes.

 

 

 

In other words "I will have more money in my bank after an hour of runecrafting compared to an hour of farming" is a simplistic way of looking at things, and doesn't measure true profitability taking into account the opportunity cost. Because the reality is that you are losing money if you choose to RC for 75 minutes without taking the time to grow herbs.

[NeCroLoGiCa]

Well normally id say:

 

mage+def=Soloing Dagannoth Rex= lots of money *yay*

 

 

 

but i think 44rc or hunting till 99 is good money too :P

[HellsBells]

Farming and Herblore. Grow your own herbs and sell the potions you make. But you can't beat RuneCrafting. Espescially, when you get 91.