World of Warcraft Gold Tips - Do You Really Need That Expensive Gold Farming Guide?
In World of Warcraft you really can't 'farm' gold, but you can mine it or pickup dropped items from instance runs or killing named bosses and sell the drops at the auction house.
This tactic works best once you have reached a level of 40 or more.
Then you have the necessary skills and gear to run the instances and fight the bosses repeatedly.
Back in the day, when the top level was 60, this is exactly what most all of them did.
They would run the same instances and hope to pickup valuable stuff that dropped or repeatedly kill the same boss and see what dropped.
If they didn't want or need it, they would head over to the auction house and sell it.
There are always impatient players that would rather buy a spell, armor or a recipe even if it is easily obtained from a quest.
They don't even consider using a WoW gold guide to learn how to increase their gold.
The risk that you are taking is the expense of listing an item at the auction house costs you up front, even if it doesn't sell.
It is a bit of a gamble since you don't know what is going to drop at the end of an instance or quest.
Let me give you an example.
A friend of mine likes the 'gambling' feel of seeing what drops and selling it at the AH.
When he first started out he did not have a good feel for the price of things at the auction house.
Side note, if you are going to take this route to earn gold, you need to know what the dropped items are selling for before you list it for sale.
At the end of a quest the system dropped a Cuirass of Flowing Elements.
Not really knowing what it was worth he listed it on the auction house for 65 silver base and 30 gold buyout, twenty four hour time period.
That was way too high; it regularly sells for at most 15g.
Who would have guessed, but it sold! Apparently, somebody didn't want to go through the quest and was willing to pay a premium to get it for their next instance run or quest.
There are some draw backs to this system.
1) It is pure chance on what the system is going to drop at any given time.
It might be worth a lot or a little.
Some people are attracted to this chance / risk.
2) Spending money upfront to list items at the AH.
You are spending your money first in hopes of selling the item for a profit latter.
What if it doesn't sell? You are out your money.
A tactic that I like to use to limit my risk of losing my money is to always sell items on the weekend (Friday, Saturday & Sunday).
List the items around 7 pm with a 24 hour bid time.
If it didn't sell repeat the listing on Saturday and then Sunday.
This will ensure that the item gets the maximum exposure in the AH.
To increase the exposure, advertise it once every 30 minutes.
If you are on a highly populated server, advertise it every 5 to 10 minutes.
Another tactic that I like to use is to do a /2 [item] [item] [item].
To create the [item] box hold down the shift key and click the item while entering the text in the chat screen.
People trolling through the auction house will often click on those boxes to see what they are.
The more people who see the auction the better your chance is to sell it!
This tactic works best once you have reached a level of 40 or more.
Then you have the necessary skills and gear to run the instances and fight the bosses repeatedly.
Back in the day, when the top level was 60, this is exactly what most all of them did.
They would run the same instances and hope to pickup valuable stuff that dropped or repeatedly kill the same boss and see what dropped.
If they didn't want or need it, they would head over to the auction house and sell it.
There are always impatient players that would rather buy a spell, armor or a recipe even if it is easily obtained from a quest.
They don't even consider using a WoW gold guide to learn how to increase their gold.
The risk that you are taking is the expense of listing an item at the auction house costs you up front, even if it doesn't sell.
It is a bit of a gamble since you don't know what is going to drop at the end of an instance or quest.
Let me give you an example.
A friend of mine likes the 'gambling' feel of seeing what drops and selling it at the AH.
When he first started out he did not have a good feel for the price of things at the auction house.
Side note, if you are going to take this route to earn gold, you need to know what the dropped items are selling for before you list it for sale.
At the end of a quest the system dropped a Cuirass of Flowing Elements.
Not really knowing what it was worth he listed it on the auction house for 65 silver base and 30 gold buyout, twenty four hour time period.
That was way too high; it regularly sells for at most 15g.
Who would have guessed, but it sold! Apparently, somebody didn't want to go through the quest and was willing to pay a premium to get it for their next instance run or quest.
There are some draw backs to this system.
1) It is pure chance on what the system is going to drop at any given time.
It might be worth a lot or a little.
Some people are attracted to this chance / risk.
2) Spending money upfront to list items at the AH.
You are spending your money first in hopes of selling the item for a profit latter.
What if it doesn't sell? You are out your money.
A tactic that I like to use to limit my risk of losing my money is to always sell items on the weekend (Friday, Saturday & Sunday).
List the items around 7 pm with a 24 hour bid time.
If it didn't sell repeat the listing on Saturday and then Sunday.
This will ensure that the item gets the maximum exposure in the AH.
To increase the exposure, advertise it once every 30 minutes.
If you are on a highly populated server, advertise it every 5 to 10 minutes.
Another tactic that I like to use is to do a /2 [item] [item] [item].
To create the [item] box hold down the shift key and click the item while entering the text in the chat screen.
People trolling through the auction house will often click on those boxes to see what they are.
The more people who see the auction the better your chance is to sell it!
