Interesting articles on various topics!

Making Gold In WoW | Six Powerful Methods That You Should Know

Posted: February 23rd, 2010 | Category: Computers and Technology

Similar to other current MMORPG, there are tons of methods to gather gold in WoW and a good wow gold making guide should cover them all, or at least focused on a few of them. Farming is #1 choice for most of WoW players since it can be done while leveling and allow you to obtain gears at your level.

Farming is still great way to make gold; having proper gears and good farming location can give you ample amount of gold per hour, but in this wow gold making guide I want to show you some other techniques that you may haven’t heard of.

1. Doing Quests
The amount of quests in WoW is massive and if you just took any of them then you are wasting time and won’t gain benefits from it because each quest has different value and time to finish. Selecting the right quests in the right order can increase your leveling speed; gain ample amount of gold; and keep your gears updated all the way toward level 80. Even after hit level 80 you still can do daily quests in Northrend to obtain fair gold and reputation, check the best guide to finish dailies in the shortest time possible at Dugi’s Dailies Review.

2. Farming
A method that vastly used to earn gold by killing monsters in a certain area to get their item drops. This can be done by a low level character in a low level area or a group of high level characters doing instance runs. The two keys here: first, choose the right place and time to do it; second, pick the item drop that in high demand in the Auction House. If everything are “click” perfectly you can get decent gold from this method by selling your item drops at the Auction House.

3. Pick a Gatherer Profession
Mining, Herbalism, and Skinning are examples of gathering professions in WoW. Having one of these professions, you will be the one who supply the market with raw material or ingredients like gold, silver, stones, herbs, leather, hides, fish, and scales. Other professions such as Jewelcrafting and Engineering will process these materials further. With constant demand in materials for various recipes, there are much gold that can be made here. Just remember to collect the items that in high demand and put it in the Auction House after doing a little market research to decide the proper price. The other thing that you can do is find a crafter and make a deal where you will supply him/her at predetermined price.

4. Being a Crafter
Being a crafter means you can process materials or ingredients into something that useful for other players. Jewelcrafting, Engineering, Blacksmithing, Leatherworking, Tailoring, Alchemy, and Inscription are examples of the crafter professions. The drawback are you will need gold first to level your skill and buy material or ingredients. As for material, you can buy it at the Auction House or if you crafting on regular basis you can form a partnership with a gatherer to maintain a steady supplies. Sometimes you will get cheaper price with the last method.

5. Auction House: Buy Low Sell High
I used to think that Auction House is only reserved for veteran player with enough gold at their pocket, but with continually evolved AH method, now you can start generating serious gold at AH with as little as 4 silver in your hand. Check the story at WoW Auction Mastery Review.
Like the title said, the idea is buy items at lower price than you will sell it; it sound simple but require good knowledge on the current supply and demand. A simple method is watching trade channel for a hot item you want, then start bargaining to attain the lowest price possible. Some other wow gold making guide might recommend different strategies, but all of it are based on the same principle: buy at low price and sell at high price.

6. Auction House: Being a Monopolist

This method will require decent amount of gold in your pocket since you will stock large amount of certain items and can’t expect result immediately. The idea is watching the market for certain item that you can monopolize, then buy ALL of them from the Auction House, leaving the supply for that particular item zero. After that, being the only large supplier for that item, put it at AH and raise the price. For a period of time, people will not buy it since they are still used to the old price. During this period, keep watch the AH for people who put the item at lower price and buy all of it. After a while, the buyers will get used to the new price and that is the time to release your stock to the market and earn your profits.

Sometimes this method doesn’t works well because people start gather the item you control and sell it at the Auction House once they saw the price raising. If you see too many people put the item at the Auction House and too risky to buy them all, sell the remaining of your stock, have little profit, and move to different commodities.

With the various factors in WoW economy, people will always find a better ways to make gold in WoW. Check How to Make WoW Gold to check the current best WoW gold making guide that continually updated and see how your gold problem dissolve into thin air.