5 Edged Tips to Gain Wow Gold

February 10th, 2010 in WoW Gold Farming

World of Warcraft gold is important to the players. Each one wanna gold to buy their mounts so that they can run faster than usual. We are glad to show your guys the five tips to gain gold by yourself in World of Warcraft. Of course, you are welcome to buy Wow gold directly from us. Let’s start the 5 edged methods to get gold in Wow now!

The Gatherer in Wow

Too many things are able to gathered in the game, includes leather, herbs, ore, fish, linen, wool, mageweave, stones, gems, and so on. Moreover, there is much gold to be made here.

There is something to be said for those that gather – they spend a lot of time making their money. Many players begin to make their money by gathering – and I encourage it. And, later on, finding a rare vein or herb can bring in several gold alone. There isn’t too much to say here but to get the gatherer mod (works wonders) and go to one of Wow database sites such as wowhead and check out the resource maps.

The benefit of being a gatherer is that you don’t ever have to buy supplies. Moreover, you may just find the things to mine/gather while leveling. This is especially true with leather (tradeskill is skinning).

Some notes

You cannot pass level 225 in your skill until at least level 35.
ALWAYS sell your gathered items at the auction house – always. It costs next to nothing to put them up for auction even at 24 hour durations. If they don’t sell, just put them up again.
Constant Buyers to find them, they are out there. Read on into the crafter section to learn more about constant buyers.

Grinding World of Warcraft Gold

This is a profession usually taken on by those of higher (level 40+, usually 55+) level characters. To do this, you simply do instance runs or kill named bosses multiple times or do multiple runs through the instances in the chance of getting a drop. Before the patch that came out today (this was written the day the honor system came out), this is what almost all level 60 players did (since then, many lvl 60s have taken up pvp attacking the crossroads for example and then with the battlegrounds patch, they go to the BGs).

This takes more time than being a gatherer – and the payoff *may* be higher. The *may* is the 3% chance, or .03% for some items, that an item worth x amount of gold at AH – I repeat AT THE AUCTION HOUSE – will drop (check www.wowdb.com to see the drop rate of items). So, with this type of way to make money, you may make 20g in a day or 200g or 2000g depending on what drops – pure chance. Now, some like this idea for the high potential.

Like I said, always sell the item at the auction house. If you don’t know what it is worth, look at items similar to it and price accordingly. If you still don’t know, put it up for some absurd amount – - there’s a chance someone may buy it. I suggest putting what you want as the base price, and an absurd number for the buyout at 24 hour bid time – do this on the weekend as well as more people are on (at least 3x) during the weekends.

Example: The Deviate Scale Belt Recipe is a quest reward from the wailing caverns. My fiancee decided she would sell hers at the auction house. She wasn’t sure what it was worth, so she put it up for 50s base and 6 gold buyout, 24 hour time period. If you don’t know, there’s no way it should be worth more than 1 gold due to the fact that it is an easily obtained quest reward. Guess what – it sold! I guess whoever wanted it didn’t want to wait the 24 hours to get the item (as most don’t) so just bought it out.

The Crafter

This is one of the players that says forget the gathering, I want to make things. To do this, you better have at least 10 – 20 gold ready to spend. The first 150 skill points into any craft, you will most likely lose money. In fact, I can almost guarantee it. The items below 150 aren’t worth much or in demand enough to make serious cash. This can be said even with items up to level 225. However, past 225, it is pure gold. Be it Leatherworking, Blacksmithing, Alchemy, or Tailoring (note engineering and enchanting are not listed); there is money to be made. Reasons why: Leatherworking – there are three paths. You can only choose one. Someone will want what you can make due to only 1/3 of the people being able to make it.

Blacksmithing – same as leatherworking, but two paths.

Alchemy – getting those high level herbs is no easy task. And now that the honor system is in and potions can’t be dispelled … yeah, permanent buffs will be worth a lot.

Tailoring – bags, bags! Everyone wants a 14 or 16 slot container. Of course, a perk you get is the 18 slot container – bind on pickup sadly. Also, often missed items are shirts.

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.

Buy Low / Sell High

This is getting into the more complex of the ways to make your World of Warcraft gold. To be able to buy low/sell high, 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.

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, IMMEDIATELY buy the item without a second thought. If you don’t, someone else will.

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 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.

Related posts:

Four Tips to Buy Cheaper World of Warcraft Gold

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