Yeah, I do the same, the gold for 2* monsters isn't enough to be worth it.
Hunts are the best way to acquire gold since you are also getting gear drops at the same time, but I do sell any penguins that are 2* or higher. A Hunt 11 will net 30k gold for 20 stamina which is one of the better rates in the game. I personally think that stigma is better spent on dogs to shortcut the 6* process than on penguins to generate gold. Side stories generate some great gold and with the currency generated at the same time I always buy all the 5 3* penguins from side-story shops and sell them.
Optimally you wouldn't infuse higher tier gear that wasn't good, i.e. epic boots that have a flat stat, you'd sell it and use charms to enhance gear instead. I duck into the Labyrinth each day to go to the vendor to see if he has any neck or ring charms and buy those. Then I use arena points to buy gear charms. That way I can save my gold for infusion.
The fully streamlined way to play is all 11 hunts, sell all the gear that is no good, and refresh the secret shop with skystones and buy good gear and bookmarks. Saving gold for that as opposed to crafting. But again thats a really min/max approach that requires dumping skystones into stamina refreshes as well to do enough hunts to generate enough gold. You end up with more bookmarks than the skystone to bookmark shop (even when using skystones to refresh stamina to do more hunts) and you pick up some gear along the way.
I'm at Abyss 90 and it's ~45k per purify, so ~135k a day. Probably bumps up a bit when you've beaten 90.
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