Yeah, I haven't been posting regularly. Yeah, I did fall out of my blogging habit. And so I might have actually might have stopped playing WoW.
I don't really know how to explain this. I guess daily blogging just wasn't for me. Maybe weekly blogging. Maybe just blogging whenever the hell I feel like blogging might be better.
Anyway, I went by and picked up a 60 day game card and I'll start playing again. We'll see how it goes.
Monday, May 30, 2011
Not Regular Posting
Yeah, I haven't been posting regularly. Yeah, I did fall out of my blogging habit. And so I might have actually might have stopped playing WoW.
I don't really know how to explain this. I guess daily blogging just wasn't for me. Maybe weekly blogging. Maybe just blogging whenever the hell I feel like blogging might be better.
Anyway, I went by and picked up a 60 day game card and I'll start playing again. We'll see how it goes.
I don't really know how to explain this. I guess daily blogging just wasn't for me. Maybe weekly blogging. Maybe just blogging whenever the hell I feel like blogging might be better.
Anyway, I went by and picked up a 60 day game card and I'll start playing again. We'll see how it goes.
Thursday, March 3, 2011
30 Day Gold Speed Run: Day 6
Today was really a stagnant day for one very simple reason. Prices were too high to be buying, but too low to be selling. It's that dead zone between the two points that really kills you. For some items like wool cloth, because of the really high demand, you can post your lots a little more expensive than the cheapest one because you know it will sell, but for other more competitive items, especially vendor items, if you're not the cheapest, you won't sell anything.
There is also the case of the herb market and some items like goldthorn which are at the right price to sell, the problem is that I don't have any to sell. I have had almost no sales today.
The only good news was that I was able to find some pretty good deals on some cloths like Frostweave and Wool. Other than that, today was pretty boring.
Gold today... 505g 39s 38c
There is also the case of the herb market and some items like goldthorn which are at the right price to sell, the problem is that I don't have any to sell. I have had almost no sales today.
The only good news was that I was able to find some pretty good deals on some cloths like Frostweave and Wool. Other than that, today was pretty boring.
Gold today... 505g 39s 38c
Wednesday, March 2, 2011
30 Day Gold Speed Run: Day 5
As we approach the end of the week I thought it would be important to talk about what does work and what doesn't.
For me starting off was really the hardest part (and it wasn't really that hard to begin with). All I did was roll a human and quest around until lvl 5. I then picked up mining and herbalism and farmed some copper, rough stone, peacebloom, and silverleaf which I quickly by undercutting the competition. Remember, at this point, all I want is a few gold to get started. I just want to be able to afford to buy specific vendor items that I can sell on the AH for around 100x the vendor price, and I need to be able to afford the deposit fees at the AH.
Meanwhile, I was watching different items in different markets to get a feel for the prices that I can buy and sell them for. I was looking for volatile trade goods that have predictable demand. Once I figured out what I can buy these for and what I can sell these for, all I have to do is take my cash and put it to work.
Today, the lionshare of my sales came from frostweave cloth. This item has been on fire for some time now. There is a lot of demand and there are buyers that are just cleaning out the AH.
I woke up this morning to see that the 3 stacks of 10 that I posted had sold. I went to the AH and put up 3 more stacks. In less than 2 minutes, all three sold. I then put 4 more stacks up for around 40g a piece. I logged on later to find that all 4 had sold. I actually only have 4 pieces of frostweave cloth left. I sold out my entire supply. I'll just have to wait for some farmer to come up and undercut the whole market and buy up his stuff, but until then I'll just have to wait.
Final gold tally... 517g 89s 27c
For me starting off was really the hardest part (and it wasn't really that hard to begin with). All I did was roll a human and quest around until lvl 5. I then picked up mining and herbalism and farmed some copper, rough stone, peacebloom, and silverleaf which I quickly by undercutting the competition. Remember, at this point, all I want is a few gold to get started. I just want to be able to afford to buy specific vendor items that I can sell on the AH for around 100x the vendor price, and I need to be able to afford the deposit fees at the AH.
Meanwhile, I was watching different items in different markets to get a feel for the prices that I can buy and sell them for. I was looking for volatile trade goods that have predictable demand. Once I figured out what I can buy these for and what I can sell these for, all I have to do is take my cash and put it to work.
Today, the lionshare of my sales came from frostweave cloth. This item has been on fire for some time now. There is a lot of demand and there are buyers that are just cleaning out the AH.
I woke up this morning to see that the 3 stacks of 10 that I posted had sold. I went to the AH and put up 3 more stacks. In less than 2 minutes, all three sold. I then put 4 more stacks up for around 40g a piece. I logged on later to find that all 4 had sold. I actually only have 4 pieces of frostweave cloth left. I sold out my entire supply. I'll just have to wait for some farmer to come up and undercut the whole market and buy up his stuff, but until then I'll just have to wait.
Final gold tally... 517g 89s 27c
Tuesday, March 1, 2011
30 Day Gold Speed Run: Day 4
Today was a great day in the cloth market. After I signed in this morning, I collected sales overnight from a bunch of my herbs that were listed. My balance increased to about 250g. I then bought about 119 pieces of Frostweave cloth for less than 1g 50s a piece which brought me down to about 150g.
I then listed 3 stacks of 10 for about 30g a stack, all three sold today, and so I reposted 3 more stacks to sell overnight. The cloth market, in the past, hasn't worked out too well for me, with the one exception of wool cloth, which is probably one of the easiest items to trade on the AH. But after stepping out of my comfort zone and analyzing different opportunities, I was able to find an item that has enough volatility to profit from and has a relatively strong demand compared to some of it's counterparts.
Ending Balance...226g 25s 95c
I then listed 3 stacks of 10 for about 30g a stack, all three sold today, and so I reposted 3 more stacks to sell overnight. The cloth market, in the past, hasn't worked out too well for me, with the one exception of wool cloth, which is probably one of the easiest items to trade on the AH. But after stepping out of my comfort zone and analyzing different opportunities, I was able to find an item that has enough volatility to profit from and has a relatively strong demand compared to some of it's counterparts.
Ending Balance...226g 25s 95c
Monday, February 28, 2011
30 Day Gold Speed Run: Day 3
Things are really picking up in terms of selling vendor items and in terms of buying and selling trade goods on the AH itself. Many of the items that I'm trading now are volatile enough to buy and sell for at least a 100% profit on each trade. I'm finding that this is the absolute best way to make money in the AH, pick a few items, buy them up when their cheap and sell them when their not.
Of course the trick is figuring out which items are volatile enough and figuring out what is cheap and what is not cheap. Going to sites like WoWHead is great if your just looking for ideas, but generally you should already know the items your trading. These are items that are in demand and are regularly needed by craters and people leveling their professions.
As for figuring out what is cheap and what is not cheap, you just have to watch these items, there isn't really any other way.
Final gold tally for today is...196g 77s 73c
Of course the trick is figuring out which items are volatile enough and figuring out what is cheap and what is not cheap. Going to sites like WoWHead is great if your just looking for ideas, but generally you should already know the items your trading. These are items that are in demand and are regularly needed by craters and people leveling their professions.
As for figuring out what is cheap and what is not cheap, you just have to watch these items, there isn't really any other way.
Final gold tally for today is...196g 77s 73c
Sunday, February 27, 2011
30 Day Gold Speed Run: Day 2
It's day 2 and this is usually when you are dying to figure out whether or not your strategies are working or not. I'll keep this one real brief.
Remember at this point I only had some of the stuff that I farmed, bought from vendors, and 1 or 2 items that I bought for resale.
4 out of 10 of my auctions that I farmed sold. The rest expired later in the day. Also, I bought and quickly an elemental mat for a pretty big profit.
The big portion of my profits today came reselling vendor goods.
All in all I have 51g 6s 46c.
Remember at this point I only had some of the stuff that I farmed, bought from vendors, and 1 or 2 items that I bought for resale.
4 out of 10 of my auctions that I farmed sold. The rest expired later in the day. Also, I bought and quickly an elemental mat for a pretty big profit.
The big portion of my profits today came reselling vendor goods.
All in all I have 51g 6s 46c.
Friday, February 25, 2011
30 Day Gold Speed Run: Day 1
Day 1 is usually the most exciting, and the most frustrating, day of them all.
It's exciting because of the fact that you embarking on a journey that can yield completely unknown results (hopefully good results). But at the same time it is very frustrating primarily due to 1 problem, seed money.
When you start on a brand new server that you have never played (and where you don't know anyone) building your seed money can be quite frustrating and time consuming.
I spent this first day by leveling my mule to level 5 and then I ran around Elwyn Forest farming copper ore and herbs while vendoring junk that low level mobs drop. I didn't spend too much time farming, I just wanted a few items that I could throw up on the Auction House.
Vending trash is also important because it pays for deposit fees and it allows you to search the Auction House for items that you can vendor for an immediate profit. I made 20g today just by vending stuff I found on the AH. You have to be patient and wait, but if you search often enough, you will find items that you can vendor.
I also did some resale searches and I found a few items to sale. All in all, I feel like today was satisfactory. Not the most amazing day, but as far as 1st days go, this was pretty good.
Ending balance... 14g 99s 18c
It's exciting because of the fact that you embarking on a journey that can yield completely unknown results (hopefully good results). But at the same time it is very frustrating primarily due to 1 problem, seed money.
When you start on a brand new server that you have never played (and where you don't know anyone) building your seed money can be quite frustrating and time consuming.
I spent this first day by leveling my mule to level 5 and then I ran around Elwyn Forest farming copper ore and herbs while vendoring junk that low level mobs drop. I didn't spend too much time farming, I just wanted a few items that I could throw up on the Auction House.
Vending trash is also important because it pays for deposit fees and it allows you to search the Auction House for items that you can vendor for an immediate profit. I made 20g today just by vending stuff I found on the AH. You have to be patient and wait, but if you search often enough, you will find items that you can vendor.
I also did some resale searches and I found a few items to sale. All in all, I feel like today was satisfactory. Not the most amazing day, but as far as 1st days go, this was pretty good.
Ending balance... 14g 99s 18c
Thursday, February 24, 2011
30 Day Gold Speed Run
Welcome to Raddom's Corner where I will be blogging about my attempts to strike it rich in World of Warcraft. I have been a pretty casual player and have dabbled in the arena of making gold, but I have never fully committed myself to doing it properly. That, as I have learned through experience, is one of the most important aspects of making gold, commitment and consistency. It doesn't matter how good your strategies are, if you do not implement them on a regular and consistent basis, you will never see the results.
I like comparing gold making in World of Warcraft to exercising and staying fit. Everyone wants a great body, but no one wants to put the necessary work and effort that it takes to achieve their goal. They all look for the easy way out. Only the committed few who get off the couch every day and work out will accomplish their goals. You can buy all the equipment, DVDs, diet plans, and even gym memberships you want, but if you don't get off your but and burn calories, you won't see any results.
Making gold in WoW is pretty much the same. You can go out and buy every gold guide that was ever created, read every blog on making gold, but if you don't take action, you won't see results. This blog is a way for me to take action and to talk about the results that I encounter.
On a side note, those of you who know me know that I tried this before and I only got to Day 10. Unfortunately things in RL got in the way and I just didn't have the time to blog. But now that those "issues" were straightened out, we can continue (or start over).
I like comparing gold making in World of Warcraft to exercising and staying fit. Everyone wants a great body, but no one wants to put the necessary work and effort that it takes to achieve their goal. They all look for the easy way out. Only the committed few who get off the couch every day and work out will accomplish their goals. You can buy all the equipment, DVDs, diet plans, and even gym memberships you want, but if you don't get off your but and burn calories, you won't see any results.
Making gold in WoW is pretty much the same. You can go out and buy every gold guide that was ever created, read every blog on making gold, but if you don't take action, you won't see results. This blog is a way for me to take action and to talk about the results that I encounter.
On a side note, those of you who know me know that I tried this before and I only got to Day 10. Unfortunately things in RL got in the way and I just didn't have the time to blog. But now that those "issues" were straightened out, we can continue (or start over).
Subscribe to:
Posts (Atom)