If you want a safe, easy flow of money, choose the melonsword.

If you want a riskier but more rewarding flow of money, choose the eff7.

Woodcutting is only good with a very good MCMMO score. Would not recommend the axe until later.

 

Mswords are great. Low risk, 15k+ per hour, and you can easily do other things while farming. Eff7 makes a little more, but risk of losing it is greater. Overall it's really up to you, and if you prefer mining or farming.

 

How much do mswords go for?

 

Really, choose in this way:

Do you like constantly watching chat and participating in the community more than actually playing the game?
Get an MSword

Do you prefer to just makes shit loads of money and use it, while having to put a bit more effort in? (you can still chat, but you will miss things if mining efficiently)
Get an eff7

 

Melon swords are good for farming while watching youtube. Effy7s needs concentration, but is more profitable.

Try renting each of them out, to try.