World of Warcraft Guide

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Make Gold in World of Warcraft In Many Different Ways

The downfall - at level 60, many crafted items become obsolete. Now, this doesn't mean crafted items won't sell. Plenty of lvl 59s and down still need those items. But, what it means is that they will never sell as highly or as well as a farmed item - epic items.

The two that cost you more than you make: wow gold
Enchanting - This really can be a great tradeskill. I made tons of gold with it ... by selling what I disenchanted to other enchanters.
Rarely, and I mean basically never, will a player be willing to pay as much for an enchant as it cost you to enchant that item. Surely it can't cost that much - you say

Well, factor in the cost of what you didn't make. That is, factor in your potential earnings. In order to get enchanting ingredients, a item Uncommon (green) or better must be disenchanted. A blue item can easily go for 10 gold or up depending on your server (some 200 and up). Now, lets say every green and blue item you find and can't use gets disenchanted - the losses add up pretty quickly. In fact, they add up so quickly that the aspiring enchanter finds it hard to believe.
And, what is worse is that you don't always get the ingredient you need. There is a random chance it can be any number of ingredients.
Even worse - to enchant something, it usually takes at least 2 - 3 ingredients. Let's say you disenchanted 3 blues to get the exact 3 ingredients you needed. If you had sold those blue items, you could have made 15g, assuming worth 5g (yep, a low estimate here). No one in their right mind will pay 15g for an enchant - unless it is a high high, well above 225, level enchant. And, if it is one of those enchants, then those blues certainly could have sold for well more than 5g each. If you want to be an enchanter, find a good guild that will supply you with 'trash items' - items they tried to sell at AH and didn't sell, so they send it to you. wow gold

One thing to note: Enchanting has the *potential* to make money through disenchanting. Throw-away green or blue items (ones that are really bad, no one would use) will sometimes disenchant into something worth considerably more at the auction house. Also, you can disenchant any of your old bind on equip or pickup items. Most players have to sell these to the vendor to get a very measly amount for them � you could disenchant something worth several gold from them.

Engineering - well ... sadly ... you have to be an engineer to use engineering items. And, if you can use the item, it means you can make the item (except for high levels - goblin/gnomish). Yes, there is some money to be made in engineering, but certainly not as much as the other trades. The main place money can be made is in the items required for quests.

4) Buy Low / Sell High

This is getting into the more complex of the ways to make your gold.
To be able to buy low/sell high,wow gold you will need an initial investment.
I suggest at least 10 gold if not 50 - 100 gold. But, 10 gold will get you started.

The strategy is simple - buy an item at a lower price than it is worth or can be sold for, and then turn around and sell it for that higher price.

To do this, many players will watch the trade channel in their main city. They watch for WTS (wanting to sell) [item]. Players selling like this want to sell their item now and not wait for AH - this is the perfect opportunity for the low/high buying player. You simply send them a private message asking how much or by saying I will give you x gold for that item. From there, you negotiate. The idea is that you try to get the item as low as possible. Make sure you always buy lower than it can sell for - this means watching the auction house like a hawk. You have to know what is worth what and how quickly it sells. Supply vs. Demand. wow gold

So, now you have your item. Let's say you were able to buy it for 2g and it can sell at the auction house - ON the weekend - for 10g.  You've just made 8g. Now, all you have to do is wait until about 7 pm on Friday to put your item up, or any time will do on Friday. Just do the same thing here I suggested for the farmers.

Someone doing this may turn anywhere from 1g - 2000g in a day depending on how much they buy and sell. However, a rough way of figuring it out is that you can only make twice as much as your initial investment. Sometimes you may make less, sometimes more - but never expect any more than twice what you invested.

One last note: If you see an item up for less than it sells for, you know this by watching the market, IMMEDIATLY buy the item without a second thought. If you don't, someone else will.

5) Controlling the Market

This is by far the most involving way to make money in the world of warcraft. In this, you have to have a monopoly on the market - our example will be large glimmering shards. To start off, you will need a good bit, at least 10g if not 200g, of initial investment.

What you do is identify a market, large glimmering shards for our example, and start to up the price on it.

Let's say a stack of one large glimmering shard is selling for 90 silver. And, there are 10 shards up at the Auction House. To control this market, what you would do is completely buy out all of the large glimmering wow gold
shards- every last one of them. Then, you would go back and sell them for any price you decide as you are the only supply for large glimmering shards. Let's be reasonable and only sell them for 1 gold 80 silver.
Now, people are used
to them being 90 silver and will not buy them for the first week.
Also, you *must* have at least 3 - 5 items up at any given time for the price you have set. If they are not yours but are at 1 gold 80 silver, no problem. If someone puts them up for less, immediately buy them out.
After about a week of doing this, people will start to accept that the price of a large glimmering shard is now 1.8g. Also, the people selling the shards will think that they have been selling at 1.8g, so they will put them up for that amount as well. Now, all you have to do is sell off all of your large glimmering shards at 1.8g - you just made twice what you invested.

Now, it may seem that the buy low/ sell high would work better - but, where it differs is that you set the price. Make sure to no more than double it at first. But, once the price is accepted at 90s, then you could do the same thing, this time at 3 gold. All the time, you have more and more large glimmering shards. Sell those, and you have made 3x what you invested in the beginning.

Also, control more than one market. If you only control large glimmering shards, then you will only sell at a certain rate. Instead, control several markets. It can be anything - fish, herbs, items ... You could even decide to control the market for items level 30 - 40. That is, you buyout every item within that level range and then double the price.
The people that level will need items, and they will have to buy from you.

Two things to note:
First - other people will see the rise in price in that market and decide to start selling the item as well. If too many people do this, which ALWAYS happens, abandon the market - sell what you have left for more than you bought it for and be done with it. A way to identify if there is too much supply is if there are 20+ of that same item at the auction house. So, you will be controlling a market for roughly 2 - 3 weeks before you move on to another market due to increase in supply.

Secondly - people will NOT like you for doing this. In America (in the corporate world), this is considered illegal. You ARE monopolizing a market and giving people no choice but to buy from you. You WILL get a negative reputation if you do this long enough - especially if you stay in a market for too long. So, you may not necessarily do this with your main character.

One Last Thing - this method eats up a lot of time. You will have to check the auction house at least twice a day to make sure everything is fine and at your price. You may end up doing this over leveling even. So, only go for this method if you want a challenge. Remember, you cannot just buyout all of a market and expect the worth to change in one day - it takes at least a week of monitoring.

A note to those trying to fight the monopolizers - if they are doing it correctly, you can't beat them by selling for less. Instead, sell for more. If the price of an item goes too high, then the market will crash. Suddenly, the prices will be within reason again. You can force this by having a base price at a price you think it should be and a buyout higher than what the monopolizer is selling for. This way, someone gets the item for the right price OR the monopolizer must buy the item at a loss. There you go; there is your ammo for fighting the fight. Monopolizers - easy way to beat this is� (can't tell you, trade secret).

 If you are serious about expanding your knowledge in this area, please check out the Valkor's Gold Making Guide