Friday, April 30, 2010

Using Bids instead of Buyout

We all want to buy low and sell high but are usually impatient when we go about this. For example, you do your auctioneer scan and look for any great deals. But you look over the items that you can't have now, items that don't have a buyout or that do but have a low bid.

So many people post their items on the AH and only worry about the buyout price and don't change the default bid price. Just this week I have won 8 level 80 epics for 6 to 8 gold just by placing a bid. I made 300 to 400 gold off each of these items. Even if it is a larger bid but has a good profit margin it is worth it. Two nights ago I placed a bid on a
Titansteel Spellblade where the minimum bid was 400g and buyout was 1000g. I woke up to my surprise and won the item! I turned around and sold it for 850g! These are the great deals you can look for.

Thursday, April 29, 2010

My starting gold and assets

I've been using some gold making techniques the last two weeks when I started trying to make gold. I had taken a break from world of warcraft for about 4 months after being very serious in raiding. So when i came back I had 5g on my main because I had given most of my gold to friends.

Since then I did some dailies and chain heroics to get some starting gold then got to work crafting items and working the auction house.

Liquid assets are sitting at 4k gold. I have a total inventory of around 4k gold as well. So I am sitting around 8k gold total. Not bad for a little over two weeks of crafting and playing the auction house.

Here is some updates today, my paladin Nakedjay, is a JC with about 5 epic plans at the moment and several rares. I have made a killing this morning on Bold Cardinal Ruby. Buying uncut cardinal gems for 100 to 105 gold and selling cut bolds for 180g!

I'll also let you in on two 200 item levels epics that you should look to flip on the auction house. Normally I stay away from 200 item level epics because they are so outdated with easier to obtain gear that's available. Here are the two items,
Mantle of the Extensive Mind and Wapach's Spaulders of Solidarity. I easily buy these on the AH for 150 to 200g then resell them for 300 to 600g! Not a bad profit for little time invested.

Wednesday, April 28, 2010

My quest for gold cap - want to come along?

Hey all! Nakedjay here. I decided I am going to make a personal quest to obtain the gold cap of 214,748 gold 36 silver 46 copper. I've played WoW since the original beta and I never had any money in game. I was always broke, spending the money on shiny items and upgrades as soon as I got my hands on it. It was brutal for me just to save money for an epic flyer. Another incentive for me is I want to have plenty of gold for Cataclysm so I can buy all the new toys.

In my quest for gold cap I will share with you all the methods I use and best practices. I will be posting nearly every day with updates on items I am making profits on, market fluctuations, and other techniques that can boost your gold per hour.

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