Why I make Gold ? My Story

Why I make gold ? 

For me MMOs started when LOTR came out I had played games like Baldurs Gate and the such but never got into a MMO until some mates from work asked me to join them and play LOTR . I Really enjoyed the Crafting aspect and Worked out a way to make a lot of gold with my top level professions .

But after a while my guild became less active and I got converted to Eve – Online . This is where my trading began , I started off small moving different items about space and selling them for a profit . I played eve on and off for 4 year and at my peak I had 4 account and Was dealing over 20bil a week .

To put this in perspective I was selling over 500 different items and Had about 1000 buy/ sell orders up at anyone one time. The Average player in Eve would make about 50million an hour . But having a growing Family and it becoming more of a job as I had to also help manage a 500 man alliance I eventually closed down shop and stopped playing MMOs for a while.

Then one of my friend send me a RAF request half way through Wotlk and then I started wow , I Decided not to play the auction house or try to make any more gold then I needed too . But at Back in January last year I started a new job so I had to stop playing .

I came back to wow in November and decided that it was time to make some gold so I logged back in and I had about 3k gold over my characters . So I decided to farm and start reading gold blogs and that’s when I stumbled on the consortium and wanted to be a wind trader .

One of the First things I did was get to learn how to use auctioneer and the resale functions on it and I did my first gold making experiment of only using Auctioneer Resale and turned 1k into 10k . So form then I was hooked on gold making .

How am I currently setup

Zoxy ( current Main ) Lvl 85 Mage Alliance - 525 tailor /525 Enchanter

•  Lvl 81 Holy Paladin 535 Jc and 525 Miner
• 70 Druid ( and Climbing ) will Be a Alchemist /Herbalist
•  Lvl 65 Hunter 450 inscription
•  Lvl 63 Dk Blackmsith
•  lvl 10 bank alt - Vendor Resale and Recipe Flipping
•  lvl 2 testing alt
•  lvl 1 bank alt - Odds,sods and Scrolls
•  lvl 1 Horde

So that’s my current Setup for the Auction house.

But what do I do to turn make gold with this ?

I always work on the view of I need a passive income and then a Variable income :

Passive

Purcussion – Is at the Bank selling vendor Recipes I did some posts as soon as the shattering happened and I visit them once a week to restock . While at the AH I also look at the recipe market on this character and flipping the under priced recipes .

Hunter lvl 65 – I gave This character 500g to level up his inscription and he is now sitting on about 15k gold and 10 k on the ah with 2 guild banks full of ink . I post my glyphs twice a day and normally bring in about 1-2k .

Variable -

Lvl 81 Paladin – At the Beginning of Cata I spent out the 8k to get 310% flying on this character hoping to make a massive amount of gold selling ore That didn’t happened you can see my post where is the gold ?

The big mistake I made was I Didn’t realise that the level 84 recopies would cause such a problem when it came to the bottleneck , people just weren’t going to spend until they got to 84 and by that time the market was down . But to make the money back I prospected all my ore and was one of the first on the AH with JC cuts .

One main income source at the moment is prospecting and then shuffling over to enchanting mats . This has been a great source of income at the moment . I did some posts on it Prospecting for Gold

Zoxy – She is my tailor/Enchanter and I have been making PVP gear , Epics and have just started to play in the scroll market . I also Take her to farm dungeon and shopping for vendor items.

My Favourite Flip – The Ruby Shades

So I had just rolled a Horde character to look into Cross faction trading and as I logged into the AH I noticed a pair of ruby shades on the AH for 250g , Well I had no money and none of my friends were online , so I waited and finally a friend came online and managed to get some money over and finally managed to get the Shades 4 hours after I fist saw them !

Well That's My Story 

What's yours ? 

Zoxy