Yes wrote:This is beta, you shouldn't be very attached to in-game items or buying silver for 300$ for example.
You'll going to lose everything including your boat I think.
You should not make random statements about stuff you know nothing about or have not researched.
The chances are there will be no wipe, even after closed beta finishes.
Its also been said, "IF" there is a wipe, people will get compensation / items back which they spend $$$ on.
So both of your statements are false / unjust.
On Topic:
If your in shallow water, all items will go "Plop" into the water and vanish.
Your going to lose everything, including your boat. Sorry dude.