If you want to use it then sure. But you can also chin like 900k range/900k def exp an hour if you plan on just using range/mage and want to get your def up
Something I do that isn't the best is buy a staff from mage arena. it alchs for 48k (pretty sure). Event though you lose a decent amount, having instant 50k in your bank is pretty helpful, and it will never be patched