So to get started in farming here's what your going to need to do. First your going to want to make a silver xbox live account, no you do not need gold but it doesn't make a difference. After you're done making your silver account on your xbox you are going to want to start up Madden. After doing this you want to make a MUT just like you did with your main. My suggestion is pick a receiver captain as your going to get a 93 Steve Young Ghost anyway. After doing this you need to play the Lombardi Challenge game which shouldn't take long at all. This is the first and probably longest step in making a farm account. Also keep in mind that your only allowed to make up to 5 accounts on MUT per console, but if other people make them for you, you may HAVE as many as your HDD can handle.

The key to farming is doing the easier collections that you will make a profit off of. This used to be campus hero's which is no longer the case as you will loose A LOT of that collection now. What myself and other good farmers as-in Hurricane and Rave would suggest is doing the match-up collections. Most the time you will make a profit easily. Doing this collections is simple. Before today I would have said that the Steve Young and Walter Payton was the easiest but that's no longer the case. As of now the only collection i know of would be the match-up with Harvin and Rice. I will be updating this with a list of collections. But here's an overview on Legends match-ups from the ones you choose to you will make 12k off the collection, 2k each for collecting, 4k for completing and 2k each for discarding. Now whether you discard or not is totally up to you but remember you wont make as many coins.
UPDATE: Walter Payton 96 and Steve Young 97 is back to easiest legendary match-up

Sniping and flipping cards are pretty much the exact same thing. Sniping is when you go into the AH (Auction House) and get a card for lower than the normal value. For example if I were to search up a James Harrison PO, these cards normally go 130k+ but I saw one for 10k this would be considered a, "snipe" because I'm getting him for a much less value. Also, to my understanding flipping is what you sell the card back for, for example flipping would be when I sell back the Harrison for the 160k he goes for. This method can make you A LOT of coins if you do it correctly and don't bust on a card. Your not always going to find a card right away but check back every so often. Depending on how well you do it this can increase your coins by a lot or cause you to go broke.

This can also be great with a group of people. Hoarding cards is pretty much when you and maybe a group of friends will pretty much go clear the auctions of a card. For example, if I were to go buy every Walter Payton 96 of the AH right now and save them in my reserves this would be considered hoarding. So this is simply stock piling on a few specific cards. This can also make you a lot of profit in the long run.

So here's something that just about everyone who plays this game can do to make some quick , easy coins. First off since everyone is probably stock piled in jersey's, stadiums, playbooks and coaches, do the collections for these. They may not get you that much but hey its clearing your reserves and getting you coins. Another key is to go through your reserves and sell them. Face it as much as you may wanna keep some of your reserves, they're just sitting there doing nothing. What I like to do is make a list of the players I have in excel and then go on the AH see what they go for and write it down. This method for me has worked great and saved me a lot of time.

So another question is how do I get the coins back and fourth? Well there's a couple ways to do this. The easiest way for me to get cards back and fourth is this, your going to need two controllers to make it easier on yourself. All you do is put the card you want transferred up for trade, and then offer the trade on your 2nd account and then accept the trade, its as simple as that. Another way is you can put it up on auctions for 150 coins but this is very, very risky as someone else could beat you to it. Now getting coins back and fourth. To do this I'll normally put a low value card up for the amount of coins you'd like to transfer to either account and then buy it off the account your transferring coins from.