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Tuesday, 30 November 2010
JMTC Blogging Carnival - What's Your Cataclysm Gold Strategy?- Passive Income
With Cata about to hit there are a few things you need to think about short term gold and long term gold .
So I am going to give you my tips for Gold both short term and then long term in cata
- Don't buy until the market settles
- Weekly amounts
- Old word vendors
- Patch notes
So lets look at the short term -
All markets work on supply and demand virtual or real once Cata goes live then people will be wanting new gear and the best items in game . As a lot of the new dungeons have gear caps there will be a rush to get better gear to access these dungeons.
I am sure you have read on the other blogs and I agree there will be massive demand for the fist few months for Herbs,ors and cloth .If you mine or gather herbs then you can make alot of gold into the first few hours and days of launch .You will need 310 flying and for maximum profit get it to market first and set the price .
Alot of markets are in free fall at the moment so now is a good time to buy and get ready for to resell once the market settles after cata . Read the blogs on offer and look at sensible investments i would recommend
- Saronite ( under 12.5g a stack of ore)
- Levelling mats ( watch ore due to the new changes )
Don't Buy until the market settles
So you want the best gear you can get and its appeared on the AH , wait the market will be overinflated for at least the first month . Crafters will see this and soon there will be more on the market at lesser prices as the competition catch up .
Well here is a interesting one . From what i have read it will take about 35-38 hours of questing to level up in Cata . Questing is also mean to make about 500g a hour ( i could be wrong here ) But according to the sums the average player will have about 19k gold from levelling to 85 .
Long term gold making is about having weekly gold that is easy to get by a few minutes work .
One key to gold making or keeping that gold stream flowing its about having a good amount of stock f the items yo are selling . If your a crafter make sure that you have your chosen items made and on the AH . OF have been rounds the vendors and get all the recipes ?
Old world vendors
I am currently doing a bloging series about old world vendors most vendors recipes sell for under 1 gold and the surprising thing is most of these then sell on the auction house for 10-100g depending on your server . So spend some time visiting the new old word and pick up the recipes on the way you will be surprised what sells and for how much . Also don't forget to go grab some pets as they sell great on both your faction and the neutral auction house.
In Wotlk We have Titansteel transmutes and different types of cloth , remember to use the new ones in Cata there always worth selling and it makes a nice steady income .
Ok this is a big one if a patch is coming how ever small read them . Also on patch Day check JMTC forums and IRC . I know i made 2k off selling diviant delight recipes as i was on the forums and IRC watching things as they happened .
Blogs and Forums are an amazing resource , if your keeping up to date then you are being given great gold making tips and I know i will be keeping up with all of the blogs come cata to see if i have missed anything or can try out a new gold making idea