What's the point of crafting "Sacred Halo"

[Ceuidear]

Looks like i wasted all the time grinding points to reach the top order rank as i see that more grinding(Bars & Ingots) is required to attain Exalted rank. Looks like the rank is only for rich & not for for grinders.
Was so excited when i heard that exalted rank could be attained by a questline & continued grinding hardcore for elite light but, failed to realize that these quests required tons of gold, grinding all day would have been better instead of spending gold to earn that's not even worthy of whats spent.
I feel bad for all those who spent their precious gold which ain't even worthy:/
Seems to be pointless to continue the Grind.