Gold tips

[cowfreeky]

Hi, i just made it to full tyranical and i need a lot of gold for enchants and sockets i did all old raids that give a lot of gold i was selling herbs lower price than everyone else and still nothing please give me some way the server is x100 there must be easy way

 

Sorry for my bad english

[Optimystic]

(My first post in this forum. (I'm sorry for my bad english.)

1. Install Auctioneer addon.

2. Scan regularly the AH.

3. Watch average prices, but keep in mind there are inflated prices on purpose, i.e flooding market (for example) with same item on stack at 1 on 100k gold each.

4. Monopolize the market and speculate with the prices. Watch for items with high demand and relatively low supply. That includes level 90 epics (you can buy these items for 30-70k and sell them for 120-170k gold. Buy mostly if there's no competition. That makes you a monopolist.), COBBALT ORE (BAR) and FEL IRON ORE (BAR) for example can be gold mine. Because their low supply you, high rates server and high population you can sell their bars at 20, even 30k gold if there's no competition. If there is a silly competitor who sells low supply items on prices

5. What I watch when I want to buy on THAT price: odds (this is originally my idea) vs percents. If there are 10 x some item on 60% of your price (you successfully sell on!), that means you have 25% profit of that price (AH cut=15%). You must sell 100%-25%=75% of that amount (10) at some moment (8 of 10) to return your previous gold, because you want to return your gold as soon as possible to continue with buying and monopolizing. Every piece over that number gives you a profit.

6. Watch for inscription cards. They are gold mine too, despite their price is hardly predictive and buy-resell can be very hard (btw you can post them on AH for weeks on inflated prices (for example 400% of their price and then you post them on 200% of the normal price and people are happy about that discount... (That applies to nearly all items.)

7. Keep in mind that you're playing on high population server. Monopolizing is hard because you must buy all available supply (at cosmic prices because this is high rates server).

8. Don't be afraid to give your last gold for a very lucrative bargain.

9. Don't undercut too much!!! Very often best way of undercutting is -1 copper. If you sell with 30% profit but you undercut with 15% of your price that means you lose 50% of your expected profit.

10. Don't sell at very low price! (And maybe stop selling herbs if there's many competitors.) Don't waste your time at farming and selling just for cents. You can spend this time for search, buy and resell items for profit. Search for (relatively) free niche!

11. If there are glyphs with average price 10k and lowest price is 9k and you see such glyph for 2-4k, you can smoothly sell it for ~8k (or 8999g99s99c).

12. If you want to save the price (applies to items with low supply and high demand), you can help to competition in this way. If he sell that for 50k, you can post your item at 100k. His item will be sold early and after that your item can be bought at higher price (if you are the only seller for it). This is hardly practicable on this realm because here are 5200 people online.

13. One example: If in the world is only 1 apple it will be very expensive because it is very very rare. Then you can sell that apple to me for 1 million thinking that is high enough price. But I will sell it for 50 millions (but in WoW NEVER WITHOUT BUYOUT, NEVER!!!) or more. If it doesn't sell for week, I can post it for months. There's nobody who can competite me. Sooner or later I'll sell it for MY PRICE, if I don't want to sacrifice my profit, because every discout reduces the profit. If I don't need this pile of money at the moment (but only for my financial stability) I can sell it for 100 millions. I can wait a year or more but I'll get these 100 millions. You can make 1 milion for 1 day, I can make 100 millions for 2 years (average 1 million daily vs 140k daily) but that doesn't means life can bring you such a expensive apple every day, even 7 times less, it's statistically impossible.

14. Don't sell same thing every time at same price. Adjust yourself to competitors. If there's no supply, increase astronomically the price (if it's possible). This is where shitloads of money come from. If you buy the competitor's stock you reset the price, you can determine it! Sometimes you can sell for x2 average price, sometimes you can't (for example cloth sometimes because there's high supply).

15. Choose stacks of 20 over stacks of 7 or 17. Choose stacks of 20 over stacks of 1. People don't want to buy materials individially, they could buy this stack if it's more expensive.

16. Keep in mind that commercial sector is dirty work. To win somebody has to lose. You both can not simultaneously to bring maximum profit. Every LARGE profit ruins the server economy. Profit for someone can means misery for someone. It's not profit if all prices are increasing accordingly. It's profit if you can increase your prices more than prices of items you need every day. The greed makes us tradespeople. The greed makes us people. Very very sad!

 

PS: Farming increases supply, reselling not. Prefer buy and sell!

Edited April 8, 2014 by Optimystic

[StarCaller]

Or just lvl a Rogue or BS and farm http://db.pandawow.me?item=88567 and they will drop like grey items and u get 1.2k-2.5k from everyone. Made 190k in 50 min plus 34 http://db.pandawow.me?item=76061 and Some Epics you can sell on AH for 40k plus.

[cowfreeky]

thank you for the help !

[Crossless]

Where did you farm them ? Just random mobs in pandaria ? Or some specific spot ?

[stalkyy]

Hello I Stalkyhunter i play on x100 pandawow server

 

How to make 999.999Gold Per 1Day

 

1.You character must be 90level and have some gear pref ilvl 490 to make aoe dps to fast kill mobs

2.You must have revared in shado-pan/revared golden lotus/exalted august celestial this si max 2h to get this reputations

3.You must have tailoring 600 and enchanting but this place is good for both profesion

Ex-when you pull 5 mobs in loot you can find 50gold 5 spirit of harmony but on this server drop change for spirit is 100%

and you can get 10 or more items to disenchant

4. when you have all 3 points you must go to capital in pandaria alliance(7star) horde(2moon) or something like that

go down stair to august celestal quatermaster and buy recept for

 

http://www.db.pandawow.me?item=82446/royal-satchel

 

5.To make 1 you need 36 mote of harmony and alot windwoolcloth but windwool cloth drop with any humanoid in pandaria 1-10

 

6.this is best place to farm all this mats http://iv.pl/images/50232120901981808563.jpg

 

7.And when you have AoE class mage Lock or some thing like that you can make 1 that bage per 2h max

i play BM hunter and i get 36Mote of harmony in under 1 hour

 

8.Cost on auction house On server x100 for one This 28slot bag is 200.000

 

9. in 5 or 6 hours you can make 5 that Bag

 

 

5x200.000=1.000.000gold Per 1 day xD

 

 

 

 

10.Litle info for enchanting in shado pan you can get best recept to make a Dancing steal(bugged) and another good enchant for weapon al is bugged but ok

in august celestial you can find best recept to enchanting for wrist for agility str and intelect when you make 1 you cna get 30k gold or 40k on AH another enchant you can put on ah with prize 2-5k and elemental force(this enchant working add 3k dmg to spells and skills)

If you dont have sha crystal youc an fast get this mats With Battle ground you need 1250 honor to buy 1 finger wrist or back when you disenchant that item you can find 1-2 sha crystal ofc epic items ilvl 476 can drop with any pandaria humanoid but rate is like 1-5%

 

 

 

 

 

My Record on this server is 2,780,000gold in 1 day i am spend 11hour

Edited April 26, 2014 by stalkyy