Tips to Earn Gold in World of Warcraft 2020
Frequently, we are getting many questions from our customers, especially after Blizzard’s announcement about World of Warcraft Classic at BlizzCon 2017, how to farm WOW Gold Classic in Vanilla World of Warcraft, currently on Light’s Hope Lighbringer, Elysium Nighthaven and Twinstar Kronos-WoW realms. So, we are glad to share our experience and some knowledge with you. It might be not a discovery for someone but it is good to brush things up we all know and summarize them in one place. We are looking forward to publish more related articles to help and save your time. This guide may help you not in just Vanilla WoW but in any other expansion you are playing.
Bank Alt and Guild Bank
If you are serious about making gold, then you have to be organised. This means having a dedicated bank alt. Simply create a level 1 human or orc, and park them in the capital city. This alt will be your base for goldmaking, with everything being sold through this character. Flips/snipes should also be made through this character or a second bank alt. A good 'banking' transmog is also very important. You should also then get a guild charter, pay some noobs to sign, make the guild, buy some bank tabs, pay some more noobs to invite your alts, and then kick the noobs out. This will give you a guild bank with hundreds of tabs for storage which any of your alts can access. This makes transferring materials much simpler, and gives you a place to store your excess gold (yes you will have excess gold eventually). Your main character probably should not be in this guild, as I always suggest having an actual guild in WoW to make friends/have people to play with. But all your other alts and your bank alt/alts should be in here.
Get Starting Capital
To start being able to craft/flip/invest, you need some initial gold. I think 100k is good enough, but how do you get here? Perhaps you are a new player stuck on 10k? Well this is the part of the series where I step aside and let some other content creators take charge. As I say at the start of this post, I do not like farming, and am not great at it either. In MY OPINION, crafting/flipping is a much more efficient way to make gold, and that is what I concentrate on in this series. However many people enjoy farming, and there is no denying that it is the fastest way to get some starting capital. Here are a few ways you can QUICKLY get to 100k gold (transmog farms not included here, as we are looking for quick sales.
As you can see, mining/herbalism works well here. However if you are like me and don't want to touch gathering professions, then you can farm old world materials or even sell boosts. Remember to optimise your order halls as well guys: Buy the 880 follower tokens from Broken Shore. Also get good equipment for your bodyguards, you can get 150+ gold per world quest just from 1 follower, and clearing the broken isles will easily get you a few thousand gold per day doing this. Anyways, once you are at around 100k gold, the real gold making can begin...
Learn TSM
About a week into my serious attempt at making gold, I quickly learned that I was at a massive disadvantage by not using an auction addon. I had tried TSM in the past and it was suuuuper confusing, so I tried Auctionator instead. After a few days of Auctionator, I realized I was still missing some really important tools related to automatic price calculations and mass-posting my auctions.
I decided to give TSM another shot, and now I feel like a pro. It took me several days of watching tutorials, but I have made hundreds and hundreds of thousands of gold because of it.
Max Out Crafting Skills
As risky and costly as it might sound, having two crafting skills will pay off in the long run. Besides the fact that you have two skills to upgrade your gear, you will have two skills to choose from to make gold with. In every expansion or patch, some skills swing from being stagnant to in-demand. Having two crafting skills will allow you to take advantage of the situation. You may pay a lot for materials, but you could also craft items using supplies provided by people, which people tip plenty for.
On the flip-side, having two gathering skills is virtually all profit with no loss. With a lot of effort and time, you can have a lot of resources to sell off on the Auction House. Just ensure you follow tip one so you get as much money as possible. It's debatable on what those skills should be, but Mining should be one of them. Ore has always proven to be one of the most valuable resources to sell. With a lot of hard work, you can become rich in no time.
Auction House
Monopolizing is risky. But where risk – there is high profit also. To start doing it, you should have some initial gold, more you can invest is better.
First thing you should do is to learn the market for the specific item you would like to monopolize. Let’s say it is Kingsblood. We can see a stack of Kingsblood is selling for 1 gold. There are 10 stacks on Auction House. To control the market, you have to buy out all the lots of Kingsblood, even single ones. Next move is to make auctions of Kingsblood you have bought for the price you want. Be reasonable and make it 2 gold. But all people are still being used to the old price of 1 gold and will not buy your Kingsblood at first. You have to maintain your auctions for 2 gold all the time, no need to put all Kingsblood you have at once, 3-5 lots are enough at the beginning. You can see, other sellers may start create auctions for 2 gold as well. That’s what we need. But if someone is selling for cheaper price, buy out their Kingsblood immediately. Soon people will start to accept your price of 2 gold as a regular price and will buy your stuff. Now you just to have to sell all Kingsblood you got. Control several markets. It can be anything, even twink blue items or items level 20-30 or 30-40. Same strategy works everywhere. It requires lots of time to track the markets and check auction house. It is not that easy as it may seem, you should spend at least a week of monitoring to be sure about prices, you will fail if you buy out everything at once without research. Soon or later, too many people will decide to sell your item as well. As they could see price change and think it had happened naturally. Market becomes overflooded. It is important to quit before the collapse. This always happens.
An advice for those who are trying to compete monopolizers: you cannot beat them by selling for less if they follow right steps. You should do opposite: sell for more. Because market will come down if the price goes unreasonably high. You can set a bid on item for the price it should cost and buy out price for higher than a monopolizer is selling. So, common buyer may get an item for the right price or monopolizer has to buy the item at his loss.
Investments
This is another aspect of gold making that should not be ignored. Investing basically involves purchasing an item or a number of the same item, storing it in the guild bank, waiting for the market price to rise and the relisting. This can be extremely lucrative. For example the rapid mind xp potions generally go to around 10k gold during the Winter's Veil event. However a few months later they rise to around 100k gold on many EU servers. If you were to invest heavily and wait a few months, you can see a 10x increase in your gold :D Other examples of this can be seen in investing in raw materials/potions before a new patch/raid. When new patches hit, an increase in subscribers and more people wanting to try the latest content generally sees the prices of enchants/gems/potions/tomes increase = prices of the raw mats also increase. With the new Antorus raid coming soon, it may well be a good time to start investing into these raw materials. For a historical price chart, the underminjournal website has price data for items dating back months and even years. Here you can look to see the effects of previous patches on items, and this can help predict what will happen to these items in the future.
Sniping is also covered in this video. It is both a flip and an investment, where TSM scans the auction house for the latest postings of items, notifying you of anything that's cheap. There are multiple guides out there for TSM sniping, both on this subreddit and on YouTube (including one by yours truly). If you are going to get into sniping, it is generally best to invest in a second account (on same battlenet). You just need the base game, not legion, and if you run this in the background/on a second moniter, you will easily make enough gold to pay for the token each month. Ever hear about the guy who found a spectral tiger for 2copper? Or someone who bought 200 chaos crystals for 4k gold instead of 40k because someone forgot to put an extra 0? These are only made possible because of TSM sniper, and it is definitely something you should at least think about if you want to start making that extra bit of gold
Speaking of proper investment, you can buy WOW Classic Gold in some stores when your inventory is in short supply, as you can't do all the quests on your own. Here is a good store to trade gold, https://www.igvault.com/WOW-Classic-Gold , becoming the nice assistant while playing.You are worried about the price and security, with this in mind, it can be guaranteed on the site, which is cheaper than other stores and protected by a security system.
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