The gear found in chests generally isn’t that great. If you want good gear, you’re either going to have to grind for gold for probably 10+ hours, or give in to the micro-transactions and spend real life money for in game gold, to buy stuff at merchants in the game.
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You can spend $1 (80 Microsoft points) and get 40,000 gold. At first, this seems like a great deal, because everything the merchant’s sell is well below 40,000 gold. Near the end of the game, some of the items will end up costing 80,000 gold. […] This gold is not transferrable to other characters. If you start a new character, that character will have zero gold. If you want to upgrade all of your characters with high-end items, be prepared to dump about $15 into this game, on top of the $15 the game costs.