How To Get Gold Fast In WoW
Written by John Mclain.
This is an advanced article (not for WoW beginners!) that teaches you how to make gold fast in the game, but requires that you gain quite a bit of knowledge about the in-game economy and also have a small up-front investment.
The basis of this method is simple: buy low and sell high. All markets offer this strategy because of the presence of incomplete knowledge. All markets allow you to buy an item at a lower price than what it is worth, and you’ll be able to sell it almost immediately for a higher price. However, in order to be able to buy low and sell high, you will need an initial investment – which is your up-front working capital. You’ll need at least 10 gold, but that’s the bare minimum. A more comfortable range is 50 – 100 gold.
How you will begin is to monitor the Auction House in your main city. This is the observation stage, where you spend time just taking note of prices an getting a feel of the general market rates. If you do this for a few days consecutively, one thing that you’ll notice is that prices will increase during weekends. The reason is simple – more people logon during weekends when they have more time to game, increasing demand for items (and consequently, their prices).
When you get enough data and feel ready, your next step will be to start monitoring your city’s trade channel for WTS messages. These are short for “Want to Sell”, and are typically from people looking to make a quick deal (oftentimes at a lower price than the Auction House). This is when you buy. Start off immediately by offering a price to the person. Don’t bother asking them what price they’re looking for, but do keep room for negotiation. Remember, you also need a profit, so have the margin factored into your offering price as well.
And that’s it. You won’t have a 100% success rate at obtaining items, nor will you always get your prices right, but when you do, you can make from 1g to 100g per item, easily. Some people are making up to 1000g a day just by doing this. As you can imagine, you need to have a very good knowledge of the economy and market rates before you can even start this technique.
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