FAQs About Making WoW Gold Tips From Okgold.co.uk

Sept. 26, 2011 - PRLog -- 1. How do I make gold if I don’t have any to begin with?

Answer: Kill a few mobs, get something to work with even if its just a few silver. (I started with 5 silver and went to 5k in just my spare time pre-wotlk) Start applying the "buy low, sell high" principle until you have something substantial to work with. You can always focus on lower level items since a lot of higher levels buy them for their alts.

A slow economic period? What are you talking about?

Just like the real world, believe it or not, the virtual world within WoW is very similar. Your chances of selling items are greater when the server has more people on (duh!) There will be times when it seems your item has fallen out of the "hot" category and is no longer desired, but in reality its just a slow time when nobody is spending their PRECIOUS gold or simply less people are playing at any given time. This is why I stress the importance of diversifying your goods. Have something other than armor to sell, find weapons, gem stones, quest items, epic items, whatever it is that seems to be the hot ticket item on your server. While one item seems very slow on sales, another might be pulling you up while the slow one recovers.

How do I know what the price limit is for an item?

Answer: You can get auctioneer if you feel like it and observe the price changes or if you are like me, just observe the auction house a few minutes a day to see how the prices fluctuate. Also, play around with prices, jack them way up to see what happens. (I have listed low level green items on many occasions for 300g + and actually sold them!)

I got control of 100 + items in the same category and then some airhead put up his 10 items for half my price, what do I do?

Answer: Be patient. Just like the stock market, prices go up and down. Someone decides to mess with you, let them. Either their items will sell fast so that yours can start selling as well, or they will keep lowering the prices after they realize that nobody is buying them. On the bright side: if their items sell fast, well its time for yours to sell as well. If theirs keep dropping in price because nobody wants them (due to a slow economic period) all the better! Buy their items once they reach that "reasonable" price!

Why won’t you just tell me what to buy and what to sell, step by step??

Answer: Every server is different, each has its own economies. Server populations vary greatly and some items are not in demand as others depending on the age of the server and progression of its population. If everyone in your server (impossible) has done Heroic Naxxramas, do you really think you will make any wow gold (http://www.okgold.co.uk) selling +5 agility gems? I doubt it.




How do I know what’s "hot" on my server?

Answer: Observe the auction house, see what sells fast. You can also ask around! Ask your guildies what they have sold. Observe the auction house item quantities and prices. If an item is going for a lot but there are only a few competitors, chances are that item is really good or someone is pulling the same trick you are. Play the game, CHECK THE STATS. If the item looks like something that You would want for one of your characters, chances are its good to sell! Other things to keep in mind: Consumables (everyone needs them just like the real food we buy irl). Ore, cloth, gems, hard to get quest items, specialty items with bonuses to trade skills, EPIC items, especially good greens for leveling. - think of the bandit items I mentioned earlier. My server has good sales for Titansteel, Abyss Crystals, any kind of cloth, ore, bars and level 80 epics. Possibilities are endless you just need to keep an eye on things that seem to sell well. This is why this guide focuses on making gold in your off-time when you are just logging in for a few minutes to replace your items on the AH or to collect the gold!

All of this sounds wonderful, but I simply don’t have any gold because I’m level 5!

Answer: Good for you, I made most of my fortune on a level 3 character who I happened to run to Stormwind from the newbie zone. Like I said, start small, move onto bigger things. Nobody becomes a millionaire in real life without first taking some smaller steps (unless they are a genius and I am certainly not one). There are some very rich people in WoW but they didn’t get there over night, in fact they probably worked their butts off to be where they are. I made over 5k + all sorts of high level enchants for my future characters on a level 3 who could barely kill anything. Now think of a level 80 and the potential there. The more gold you can get to play around with, the bigger toys you can buy!

If you are reading all of this and are thinking "well this is just too much work" IT IS NOT! I used to log on my AH parked alt every day twice a day and make over 600g a day in just a few minutes of running to my mailbox and back to the auction house. You are not supposed to sit there parked all day, that is why I encourage people to PLAY their characters and do this in your downtimes. So you ran all heroics for the day, so you got 2k gold in one day, why not turn that 2k into 10? Most people are afraid to spend their hard earned money and there is nothing wrong with that. However, it takes money to make money. A little knowledge goes a long way in WoW and real life itself. How do you think retailers do what they do? How do you think online business are booming? People buy things all the time! However, in order to have products to offer, you must spend some of your own cash (unless you know of a loan officer in wow, please let me know!)

This is a very simple strategy and works all of the time if you make sure to diversify in items. You don’t have to spread your cash, you could focus on a single category of items. Remember: the narrower your focus is, the higher the risk (the more spread out your product line is - the lower the risk) just like a typical real life investment.

Don’t Just sit there! Go try it out! Auctioneer is great for beginners to get acquainted with their auction house. As long as you are buying and selling, you are safe in the game. Market manipulation is a whole other story that can get you insanely rich and banned most likely but that is not the topic of this article. If you wish to buy wow gold, try this strategy and you won’t be disappointed.

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