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Besides being a proud American and an enterprising entrepreneur, I am also a member of the Roman Catholic Church (tithing ftl). This being s...
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Update: Silly me didn't read the fine print and Blizzard slid a low ball in, You can't stockpile valor for 4.2 as it will be conver...
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Just My Two Copper's One Year Anniversary is today! So much has happened and been going on that I didn't really even notice the time...
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Update: Scott Smith, one of the coaches, had an issue with his account being rebilled accidentally. Here is our conversation for those inte...
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Shattnerhoff said... " I hate that you try and gouge people for items that cost you nothing to make. How much is enough? You can...
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I just checked MMO-Champion and to my surprise there was something that was data-mined. It's a real shocker if it's true, read the c...
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This strategy was written quite a long time ago when snowfall inks sold like hotcakes (they still can for the faire but it's better to c...
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I am currently working with other bloggers (to be disclosed at a later date) on a gold making podcast that is going to rock the podcasting w...
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There’s a lot of information to sort through when bidding, buying, or posting items on the auction house. In fact it’s too much for any one ...
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I got an e-mail a couple days ago that really caught my attention, it was a suggestion for the next JMTC Blogging Carnival, read the e-mail ...
Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts
It happens to everyone. At some point the day will come when you hit that edge of hearing the same repetitive words over and over. Whether it is your little sister telling you to wake up, your parents telling you to go mow the lawn. It will happen to you at some time in your life.
To set the scene, I believe in being helpful in World of Warcraft. You will not see me running around places jumping up and down like a hyperactive chichuaua looking to do good deeds. But if I'm running past someone who is killing a mob I will take a few steps back and help out. Usually a wave is thrown in my direction or a thank you. Not a big deal but if it helps someone I score one in the win column.
One of the ways many people on servers is answer simple questions over the trade channels. This happens especially when it comes to the rare monsters that pop up on Timeless isle. Chants of 'when is Houlon', 'Timer on Houlon' etc happen all the time. A quick answer is given and everyone moves on.
But occasionally you get one person that seems incapable of looking up anything. For the next two hours you hear questions like 'Is there any rare up'. 'Where is [Insert Timeless Isle Rare]' or my favorite one of the bunch 'Please wait for me'. Patience still kicks into the game play that answering these questions are easily answered, even if they become monotonous.
This weekend where I had to draw the line was arguments that happened when it came to some answers that I 'helped' with this weekend. One of them started with the timer on Houlon. I had helped with the kill on my hunter and was running to finish up some of my dailies. If you have looked up Houlon on Wowhead you know there are three spawn points that she can pop up at. The most common spawn pop is just past the bridge on the upper side of the hill. But occasionally she will spawn further up the hill or even all the way past the second bridge. In this case she popped on the first spawn point, but wasn't tagged. So she popped up at the second spawn point and was engaged. After the kill a player asked 10 minutes later about what the timer was on Houlon. Trying to be helpful I told them that she had already showed up and was killed. For some reason the person proceeded to try to argue with me that I hadn't killed her and that they had been at the spawn point all the time. Then explaining that there are still three spawn points they responded with 'I know where she spawns. Obviously they didn't cause if they did, they wouldn't have been griping about waiting for her. Sometimes you just cannot win and it is better to retire from the field of stupid and do other things with your game time.
The other event that proved to me that there is a special brand of stupid was the incessant amount of questions there were about where rare mobs were. I use an add-on called rare coordinator to keep track of timers on the island. When a rare is announced on the add-on coordinates are also included in where the rate is. Some of them, such as the Emerald Gander, can only give general area directions. Most players get the coordinates and hopefully they are close enough to get there and get a tag on the mob. But occasionally people miss their chance and have to wait til the next round. What ground I was the complaining that no one waited for them to arrive. No one waited for them to be escorted to the promise land of the rares and let them get the first shot. Coming off as a requirement that everyone should help them to obtain all their goals, including the mount form Houlon because they had just arrived on the island. The answer to this is a resounding NO. No one truly owes anything, anything other than to let them figure it out themselves. When people take their time to help, be nice and say thank you. Otherwise, there are information websites such as wowhead and mmo-champion that can give 90% of the answers. Expecting someone to walk you through everything is insane. Not being grateful for the help that people offer and complaining just gets other to shut up and leave you to your own ignorance.
Not everything is bad with helping. But sometimes helping is to let people swim in the deep in for a bit til they learn to at least float.
Okay, time to put my soapbox back up.
Good Luck and Good Profit Hunting.
Silver And Gold Have I None
Worth What Someone Will Pay For It
Please.. Wait.. I Wanna Tag
WOD: Waiting Til The Fall?
Boost Me, Buy Me, Pay Me Gold
Save That Boost for a Rainy Day
Lent.. Mighty Lent... Super Lent
Who Is Your Nemesis On the Gold Market
Keeping up with the Black Market Auction House
I love me some Oqueue In The Morning
Will They, Wont They, Will I Care?
The Importance of Quick Decisions
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This weekend will be the first weekend that cross realm raiding will allow players to get grouped into Normal and Heroic raids for SOO. Blizzard got this feature into the system with the latest hotfix.
No one should argue with the idea that cross realm raiding for flex has sparked a large amount of players to continue playing with the last tier in the Mists of Pandaria. With the inclusion of the queue add-on into rotation on many raiders system, the door has been opened to a large amount of pick up groups being successful in their search for vengeance against Garrosh.
The one problem I can see with opening up Normal and Heroic Raiding into the cross realm area is the high possibility of expectation to be 'carried' through content. This already occurs in Flex runs where one or two players are undergeared or not as capable as they should be. This is mitigated by many players having a higher and higher impact with upgraded gear. Where being carried in the earlier SOO flexes (flex 1 and flex 2) isn't as important, getting up to a Garrosh encounter with players doing sub par 100k dps can be the difference between success and the long run back to grab your ghost.
There has been a sharp decline in population on many servers with players starting to drift off at the end of the expansion. With the knowledge that there is another 4-5 months of Mists of Pandaria content to be played, players are looking at other games for entertainment. The new Diablo 3 expansion, opening up next week as well as other MMO's opening their doors to entice players away from their Azerothian adventures.
But Cross realm raiding should open up some markets to players looking to enhance their new shiny gear. Watching Oqueue there was not a large amount of changes of people searching for Normal/Heroic runs during the week. This weekend will tell whether players still keep their Guild runs in house or look outside for help to fill the gaps that exist in their raiding schedule.
Keeping your eyes open for the markets that get a spark can add gold into your pockets and some sales onto your ledger. Being prepared with quality enchants and enhancements can put you farther in the game.
Good Luck and Good Profit Hunting
Worth What Someone Will Pay For It
Please.. Wait.. I Wanna Tag
WOD: Waiting Til The Fall?
Boost Me, Buy Me, Pay Me Gold
Save That Boost for a Rainy Day
Lent.. Mighty Lent... Super Lent
Who Is Your Nemesis On the Gold Market
Keeping up with the Black Market Auction House
I love me some Oqueue In The Morning
Will They, Wont They, Will I Care?
The Importance of Quick Decisions
WOD: Leave The Wheelbarrow At The Door
Adding To The Sales Floor
60 Dollars to Leave Your Level
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Mommar here.
I have been a collector for years of specific items. Started out with Baseball cards during the 80's and beyond. Moved onto coins and other odds and ends. Always have had a passion for Dragons and buying dragon type of items.
One of the things that drives my collection is simply one axiom. It's worth what I was willing to pay for it. The same ideal applies to price items in your WOW selling structure. Each server is different in what prices they are willing to pay for certain items. A PVP server is more willing to pay for PVP based gear than a PVE server. Low population servers will pay for higher level gear because they are unable to obtain the drops consistently in raids and instances. Servers with a large player base will have higher prices for specialty items and lower expectations for raw materials.
Key to helping with your pricing is knowing your economy and what people will buy. This is not the first time I have said this, and it will continue as long as World of Warcraft has an economy. What someone will pay for an item is exactly how much it is worth.
There are plenty of sites to learn about past sales. Theunderminejournal and wowhead show past sales averages. Some of them can be misleading depending on the past sales and exactly how many have been listed. So combining the two (information and economy, knowledge) puts you in the driver seat for pricing and selling at the best rate possible.
The most interesting time is to have someone post a price check in trade chat and see just what people's opinions of an item price are. Many times an argument will break out about how a quote is too high, always ending with someone announcing that they should only have to pay 1c for an item. It is a throw away line that is a sign of contempt for that item. But then the person not wanting to pay a price is not really the target audience for the item.
One of my favorite items to see is the Haunted Momento. If you have it it is a cool item that has a ghostly apparition behind you wherever you go. Every so often it will pop up on the auction house with people asking between 20-25k. I have grabbed a couple at the 1k mark and flipped them quickly. But post a comment up in trade about the item and watch the fur fly. It's a trinket that is completely useless, but if you know what it does the cool factor rises exponentially.
Timing, knowledge and a willingness to understand your target audience can defeat anyone who criticizes your listing ask price. Do not worry about whether they will pay for that item or not. Be concerned to find the person that is more than willing to shell out the gold for your precious item.
Good Luck and Good Profit Hunting
Please.. Wait.. I Wanna Tag
WOD: Waiting Til The Fall?
Boost Me, Buy Me, Pay Me Gold
Save That Boost for a Rainy Day
Lent.. Mighty Lent... Super Lent
Who Is Your Nemesis On the Gold Market
Keeping up with the Black Market Auction House
I love me some Oqueue In The Morning
Will They, Wont They, Will I Care?
The Importance of Quick Decisions
WOD: Leave The Wheelbarrow At The Door
Adding To The Sales Floor
60 Dollars to Leave Your Level
Stop Teasing My Rocket
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11:55 AM
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Patch 4.03 (or for those playing the home game the introduction to the Cataclysm Expansion) introduced new enchanting materials. Wait, doesn't that happen with each expansion?
What I like about the Enchanting materials during the cataclysm expansion is that they have reasonably kept their value. There was a huge downward spiral right at the end of the expansion that players were looking to empty out their treasure troves. Picking up many of these for an Avg of 5g netted me a healthy profit over time.
Why did it net me a healthy profit? Because I kept on crafting the pets and some of the enchants that cataclysm brought along. Where the enchants available have long since only become important to power leveling players the pets still sell very well.
The Enchanted Lantern (or the alliance equivalent Magic Lamp) still sells depending on the amount of profit I am looking for. Getting 500% or more on my investment is nothing to sneeze at.
The other reason that I like the Ethereal Shards and Hypnotic Dust for investment at that time because players leveling a new enchanter would run into the need for those around the 470-480 mark of power leveling. Selling these in batches of 10-20 can give you that magic number of 200% profit.
Looking at Theunderminejournal.com and its numbers shows the mean Avg sale of 13g a piece. That's a little expensive for investment. But wait, we are smart and have an enchanter (or buddy enchanter) and access to ilvl 287-333 crafted gear. Buying these materials cheap and disenchanting them for the materials to resell (sounds familiar right? This is one of those cornerstone items of Disenchanting your fortune gets built on).
One more thing. The developers have already announced a gear squish. This is going to have the effect of getting people into dungeons and gear that much faster. That means all that dropped gear that the players might have used will end up getting DE'd or vendored. Where some might say sell all of the cataclysm gear at vendor prices, I like to swim upstream. Pets and enchants will always sell. Look for those wonderful junk deals that players will have on the AH trying to rid themselves of gear they do not see the opportunity you see.
Starting to prepare your next round of investment now for Warlords of Draenor instead of waiting for the rush will allow you to be ahead of the gold game. Storage area, Investment for DEing and prepping for deals to come. Sharpen up the pencils and the trigger finger to be ready to rake in the profits.
Good Luck and Good Profit Hunting
Lent.. Mighty Lent... Super Lent
Who Is Your Nemesis On the Gold Market
Keeping up with the Black Market Auction House
I love me some Oqueue In The Morning
Will They, Wont They, Will I Care?
The Importance of Quick Decisions
WOD: Leave The Wheelbarrow At The Door
Adding To The Sales Floor
60 Dollars to Leave Your Level
Stop Teasing My Rocket
Stop Beating My Warforged Seals
Buying Vs Ending
My 15 ate your 14 (Season 15 PVP)
Keep Your Head Up
Disenchant, Rinse and Repeat
WOD: Guild? I have a Guild?
Leave Your 'Tude At The Door
Posted by
J.E. Douglas
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The ego strives to believe that as a gold goblin I can dominate any market I choose. The reality is that where I can excel in different areas, there probably is going to be someone that is a little bit better than me. Considering the timing, undercutting, profit margins and the varied amount of tools that are available to Gold Goblins this is a true fact.
I was discussing with a guide about a new player that had arrived at one of the markets that we work together on. This was obviously a banker to0n (level 2) that we started to keep track of how many times they were logged on. It was incredible because they seemed to be logged on at all times of the day. Putting our research together, I surmised that it wasn't just one person that was playing the toon but probably two people. Everyone has to sleep at some point.
But it did strike me to the idea of just how important is it to be on or off someone's gold radar. Anonymity has its own benefits. When I started writing this journal I put out my main toon's name (Mommar) because I didn't want this to be a phantom journal. The toon you look up in the armory on the Shandris server is the same guy that is writing in this journal.
But here is the part that you might not realize. I will tell you many times of sales that I have done or sales that are occurring. I split all of my sales among my different toons based on what professions they have. I also have a toon that handles my pet collections and one that handles my general sales. I kept these private simply for the same reason that I have my public persona. Those are the sales that I do not want someone to come after me believing they can take a scalp of mine. Call it the belief that I would be a worthy challenger to the throne of King Gold Goblin.
The idea is that most people do not take the Auction House personally. Very rarely do you hear people start to say 'that blah blah person undercut me' and look for vengeance. What will happen is that if a player goes out into the public market, they have a better chance of becoming a target. Barking for sales has become a lost art form on many servers. Many players take a reactionary stance when it comes to providing goods. Players say 'I need this' and people will message back that they have it available. There are still some Gold Goblins that will post up their profession list as well as different methods of sales (your mats = free items etc.). These are the players that are more apt to have to depend on their reputation.
A Nemesis can be considered a valuable psychological boost to your own sales. Knowing that the person you have targeted is sitting there and laughing at you (imaginary or not) can drive you to keep posting items even if you are tired or bored that day. Sometimes the quest for money just doesn't keep driving you day by day, but having that Nemesis can keep you going. Batman had the Joker, Superman had Lex Luthor, Spiderman had Doc Oc. Through the hard times you can keep looking to top the market and have the last laugh.
Whether your nemesis is imaginary or not, it can be a force to keep you on the gold goblin path and put more gold into your pocket.
Now to find the next pretender to my Kingdom and dash his hopes.
Good Luck and Good Profit Hunting
Want to get in contact with me? . Email me at Dragonbear @ gmail. Dot com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up, and I will buy you a glass of juice.
Keeping up with the Black Market Auction House
I love me some Oqueue In The Morning
Will They, Wont They, Will I Care?
The Importance of Quick Decisions
WOD: Leave The Wheelbarrow At The Door
Adding To The Sales Floor
60 Dollars to Leave Your Level
Stop Teasing My Rocket
Stop Beating My Warforged Seals
Buying Vs Ending
My 15 ate your 14 (Season 15 PVP)
Keep Your Head Up
Disenchant, Rinse and Repeat
WOD: Guild? I have a Guild?
Leave Your 'Tude At The Door
Posted by
J.E. Douglas
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The Black Market Auction House was introduced at the beginning of Mists of Pandaria. Very little was known about it because it wasn't activated during the Player Test Realm phases of the expansion. The players rushed to get there as fast as possible on the promise of old world items as well as very high level raiding/PVP gear.
Now that we are 4+ patches into MOP, on many realms the BMAH goes bare. The Gear items are not as shiny. The recipes are obsolete and only bid on by the profession completist. Even pets and mounts go by with only a few deciding to bid on them.
But now this is where gold goblins should be swooping in for some prize pickings for resell. Whether you use Underminejourrnal, the smart phone app or go in person to check out the auction goodness you never know what might pop up. The mounts and recipes and gear are BOP but pets occasionally pop up for bidding. With a lack of bidders a person can grab a pet and resell it for a nice tidy profit.
Even if it appears that today the pet won't sell, remember that in a few months there will be plenty of hungry pet searching mouths to feed. With the way that Blizzard is setting up the next expansion, a free boost to 90 will draw in a lot of new players who are concerned with having to level all the way through old content. New, hungry players will drive the pet markets in the next expansion. With new pets to sell on the horizon as well as older pets for new pocketbooks now is the time to look at your investments.
Many players made the mistake of not putting the BMAH to good use. They looked at it as a gold dump and not an investment opportunity. Take for Instance the Shimmering Wyrmling. This was a pet you could buy during the Lich King expansion. It was linked to a specific reputation to use (Silver Covenant) so couldn't be used by the opposite faction.
Now fast forward to today's Shimmering Wyrmling from the BMAH and this version of the Shimmering Wyrmling has no rep requirements. Which means either faction can use the pet. It's little bits like this that allow a Gold Goblin to raise the price of an item. Other pets have popped up on the AH that I have bought for 2k gold, flipping them for four times the amount.
The idea of flipping items for profit is not a new concept. Every gold guide and gold management system tells you this is a great way to make huge amounts of gold. The key to learning is to where the best place to obtain these pets are. The farther away that players get from content, the more apt they are to forget how to obtain certain pets and items. Their lack of knowledge is what feeds the gold making machine that we try to create.
So the next time you're bored, go head over to the BMAH and see what might be there. Your next gold fortune might be sitting there just looking for your bid.
Good Luck and Good Fortune Hunting
Want to get in contact with me? . Email me at Dragonbear @ gmail. Dot com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up, and I will buy you a glass of juice.
Will They, Wont They, Will I Care?
The Importance of Quick Decisions
WOD: Leave The Wheelbarrow At The Door
Adding To The Sales Floor
60 Dollars to Leave Your Level
Stop Teasing My Rocket
Stop Beating My Warforged Seals
Buying Vs Ending
My 15 ate your 14 (Season 15 PVP)
Keep Your Head Up
Disenchant, Rinse and Repeat
WOD: Guild? I have a Guild?
Leave Your 'Tude At The Door
Posted by
J.E. Douglas
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11:54 AM
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The most difficult part of having multiple professions is to know where to apply your time management skills. Spending hours gathering, buying and producing for sales. Dividing your limited time between multiple professions that you allot. This becomes much more apparent when a new patch arrives. Jumping on those opening week sales where players are upgrading new gear. Players playing with new toys from professions and hunting new little niches in the Warcraft sales world.
Tailoring is peculiar because the main tent pegs for production is the Windwool Cloth. Windwool Cloth is Being different than other raw materials (Ghost-Iron Ore and Exotic Leather) in that everyone can collect Windwool Cloth as they loot dead mobs. The other materials have to be gathered by specific professions. Taking this into consideration Windwool Cloth ends up being the lowest of the different raw materials in Pandaland. And can end up being the most profitable.
But with 5.4 another tailoring cooldown is introduced for Epic 545 gear. Celestial Cloth will require 10 bolts of Windwool Cloth with a daily timer per construction. There is a work around using the new Spirit of War item that is obtained from DE'ing high raid gear. The Spirit of War is also used for the actual crafting of the new 545 epic gear so using this for a simple timer would be a bad idea.
So will a new cooldown affect the amount of cloth on the Auction House? Most tailors already have a large amount of cloth they have kept for their Imperial Silk daily. This still will leave a good boost to the market for both the Windwool Cloth and Bolts of Windwool Cloth. So buying and stocking inexpensive Windwool cloth and bolts can put you ahead. This is especially important for current tailors who aren't stockpiled yet to last 30-60 days of daily transmutes. As players again continue to explore the new areas the cloth will go back down to the levels they are now. But taking chances to bank on a few gold savings isn't always wise.
Also with 5.4 older cloths are going to be that much more valuable. Cloth from the Wrath of the Lich King expansion and Cataclysm expansion (Frostweave Cloth and Embersilk Cloth respectively). There is still a nice steady stream of income from production of Netherweave Bags for new and alt toons. Where a 50-60% profit might not always seem like a lot of gold overall. Small amounts add up very quickly. Selling 10 bags a day at a 30g profit (buying at 5g a stack of netherweave and selling at 38g) can net a nice 1500g profit a week. Some servers might not be as profitable but looking at when players are buying their bags on your server can give you that much more access to the stead bag making income.
Tailoring isn't a big mystery. Just like all other professions it depends on supply and demand. But the most important part is to make sure that you are the one supplying to the demand. Players abandon professions as they continue to drift farther and farther away from Warcraft. Jumping into those markets and being prepare will set you with your sewing machine ready to provide for the next raid tier.
Knit one.. pearl two..
Good Luck and Good Sewing.
The Pitfalls of Trade Barking
7.7 Million Customers and Nothing Sells
Priorities in PVP Gear Pricing
Prep for Patch 5.4: Long Term Goals
Weekend Is Here
Take Me To Naxx
Profit Anonymous
Only Worth What Someone Will Pay
What i learned from Marvel Heroes....
Patch 5.4: Arise Scribe Arise!!!!!
Walking On The Dollars
Bang The Drum Slowly
Five Rules For Dating My Gold Stash
Transmog Me Baby
Posted by
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Mommar here.
For the past couple of nights that I have logged onto my home server, There has been a player that's been barking up trade chat to sell Ghost Iron Bars.
Now this is probably nothing new on your home server. Trade Chat (never to be confused with Barrens chat) has been a lively market to buy and sell. Memories of running clear across Azeroth to sell a gem cut or an armor piece still make me smile. Even today I still will jump under one of my other toons and do a little sales in trade chat.
Something stood out with this salesman (at any time you step into the trade chat arena you should stand out). They seemed to be receiving an inordinate amount of grief about pricing. Their pricing was a little bit below what was available on the Auction House (both from Raw product and the bars themselves). So something must have sparked someone to start offering them much lower offers for their goods. To the point that others began to heap onto the grief.
I looked at my notes (yes, I do keep notes on some salespeople that stand out) and hadn't seen anything that stuck out as a problem. So I could only surmise that he had upset someone with a previous sale and the person was making it their personal goal to destroy their business. The abuse became so bad that I almost did a pity buy and purchase all that he had in stock (1000 bars). When doing the calculations I could easily break even through manufacturing gear and my daily Blacksmithing creation of Lightning Steel Ingots.
But something kept me from pulling the trigger. Generally I consider myself a good listener to my gut feelings. If they feel something is wonky, then I go with that feeling. (Probably why there is no Mrs Mommar or any little Mommar's running around camp JMTC). So I decided to walk away and do other activities before shutting down the game for the night.
More and more players entering the auction house game make things exciting. And many blogs, journals, players and 'experts' will tell you that making gold is about mechanics. That's 85% true by my estimation. But no matter how you automate gold (TSM is still excellent at doing this), there will always be that 15% that is your feelings and emotions. You cannot and shouldn't eliminate that gut feeling you have that a deal is too good to be true. Especially as we continue through 5.4 and more players look to sell off massive amounts of gear to prepare for the next expansion.
But then after tonight, anyone want to buy 1000 bars for cost plus a 'little' profit? We shall see
Good Luck and Good Hunting
7.7 Million Customers and Nothing Sells
Priorities in PVP Gear Pricing
Prep for Patch 5.4: Long Term Goals
Weekend Is Here
Take Me To Naxx
Profit Anonymous
Only Worth What Someone Will Pay
What i learned from Marvel Heroes....
Patch 5.4: Arise Scribe Arise!!!!!
Walking On The Dollars
Bang The Drum Slowly
Five Rules For Dating My Gold Stash
Transmog Me Baby
Posted by
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Mommar Here.
If the powers that be keep up their normal schedule, We should be getting what could be the last patch to Mists of Pandaria in the next month or so. Currently they are testing the new Raids (finally get to boot up Garrash's ample posterior).
Keeping an eye on the market and the changes have always kept gold goblins ahead of the curve. Patch 5.4 should bring some interesting boosts in the economy for a short term. That means getting your gear together, your valor points maxxed and items in the bank ready to sell from the start.
The odds are that this will be the last patch before the introduction of a new expansion. If you have been running instances even during patch 5.3 you've probably noticed a speed increase in completing them. Unless you end up having a completely new level 90 geared players, the tank and healing combo can blow through most of the instances between 20 minutes. The benefit of this will allow players to get their new ALT toons that much quicker into high level raiding.
There has already been a slowdown on many servers for materials on the AH. The ebb and flow of farmers and investors has kept the prices higher than normal. Every so often you can find a pretty good deal on Gold Iron Bars (or ore) which can add to your profit margin. Now is that a good idea to start your craft one/put materials away for a later technique that has been used many times for future profits.
The other thing to use is your lineup. Setting your profit goals for your first week in the new patch, your first month and even to the introduction of the next expansion will give you a base for your future professions. Do you want to make 10,000g a first week, 25,000g a first month or whatever your goals are. Setting your goals now and expectations will guide you on what to invest in materials and time.
Time becomes your most important commodity with the next patch. The idea is that you have to spend time to make gold changes. You need to spend time wisely to make gold.
Keep this in mind in the next few weeks while you're preparing for the next patch.
Good Luck and Good Hunting
Weekend Is Here
Take Me To Naxx
Profit Anonymous
Only Worth What Someone Will Pay
What i learned from Marvel Heroes....
Patch 5.4: Arise Scribe Arise!!!!!
Walking On The Dollars
Bang The Drum Slowly
Five Rules For Dating My Gold Stash
Transmog Me Baby
Posted by
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12:16 PM
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Your friendly neighborhood Mommar here.
So if you started your game this weekend, like millions of players did. You got to see the downloading screen once again starting to pick up background data for the new Patch 5.3. Usually this means lots of speculation on when will it drop, what should I do and at what point do I get to panic.
The quick answer is who knows, the same thing you're doing now and only in view of a camera for your future youtube.com fame. Mists of Pandaria developers have been pretty good at getting new content out quickly to balance between repetitiveness of previous expansion patches and not enough time to enjoy that new fresh smell that you get when new goodies arrive.
In this case it does bring to a question just what needs to change in your daily and weekly strategy as far as lower level gear. The Isle of Thunder was very much a catch up hub on raiding gear. The ease of obtaining reputation and higher level gear through crafting, grinding out the reputation to reward and Looking For Raids that were put on a farm very quickly caused low level gear to not be as desired. Sure players would pick up items to fill in spots in their ilvl gear. But greens took a serious hit unless they had an extra special look to them, or were cheap enough to Disenchant for materials.
This is a good time to start to dissect the PTR patch notes for investments and items that you expect to be in demand in the near future. And to start to do a slow burn on holding materials for enchants and armor patches when they become in demand after Patch 5.3 drops.
Just keep up the good fight. We're all in this together.
Good Luck and Good Hunting
Old World vs New World Profits
Bad Bad Robot.. The Warcraft Edition
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Prepping For the Death Of PVP
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Thunderforge Ready for Business
Posted by
J.E. Douglas
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Investment prepping for Patch 5.2 has already begun. A couple of weeks ago your favorite Gold Goblin suggested starting to pick up raw materials including Ghost Iron Ore and Trillium Ore (both Black and White) to be able to resell.
Wrathion, that favorite guy who no one knows if he's a good guy or not will be given an epic quest line in patch 5.2. One of the steps is going to require 40 trillium bars to continue on. This not only will have a direct action on the resale value of trillium, but it will have an effect server wide on different items.
Look for anything that has to do with crafting that uses Trillium bars (i.e. Living Steel, armor) to be affected by the initial rush to grab as much trillium as possible. Journals all over the blogosphere are already having their readers jump on this.
As a Gold Goblin, your goal is to buck the system. Picking up the raw materials will be a good investment. But also look for the offshoots of this rush to affect other products. Living Steel Belt Buckles will take a jump as players look to get the newest and greatest items. The New PVP gear will also be affected by the
rush to pick up Ghost Iron Ore and bars.
Also don't neglect your other material pick up as well. Players will be grabbing new pants so Leg Armors such as the Ironscale Leg Armor will be in demand at the beginning. Don't have Leatherworking? How about picking up some Magnificent Hide to get a quick flip. Or call your own Avengers team from your cartel and start a nice manufacturing circuit. Send the materials to your favorite Leatherworker with a nice healthy tip, then post up for sales.
The object as has been shared many times is to think not just the direct sales, but also the alternate sales as one major change or demand will affect. Good money can be made from the direct sales, gold goblin money is obtained from thinking outside the box.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
How Do You Effect The Market?
He's So Great He's A Fivefather
Patch 5.2: Farming For Rep.. With A Farm?
Archealogy: Digging up stuff for gold
Phoning It In....
Daily Quota Buying
Who Are You Feeding Sales Too?
Taking Advantage of 5.2 PVP Gear Changes
Patch 5.2 Prep: Will players be returning?
Sales Triage
Lost In The Guild Traffic
Finally the end of Cataclysm
Preparing For the Future: Alts 101
Anonymous Gold Goblin
Labels:
crafting,
Epic Quest line,
investment,
path 5.2,
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