The Auction House is one of the least physically risky places in the World of Warcraft. You don’t have to worry about bloodthirsty orcs or marauding centaurs breaking in. You can go about your business and hopefully earn some gold. On the other hand, there is nothing but physical danger all around you if you find yourself in the Dragonblight. It is one of the most forlorn places in the entire World of Warcraft. It is a land of snow and ice where dragons go to die. The only moving creatures you will find are undead parasites hiding among the bones of the great beasts.
Occasionally a quest will take you to the fringes of this world; earning Dragonblight gold is a mark of a very brave warrior. It may soon be that many people have to cross the Dragonblight as there is a rumor that it is the best way to reach the Lich King.
However, in the meantime, it might be better to stay closer to home and get your gold through the Auction House. Even though the physical dangers are less there, there are still a great many mental challenges as you navigate through the principles of supply and demand to try and turn a profit on your purchases.
It may seem a little counterintuitive that you can make WOW money by buying things, but that is actually true.
If you have the time to hang around the Auction House and at least ten gold to your name, then you can start to make a profit buying low and selling high. The first to maximizing your purchases is to watch the markets for about a week. See what items are selling for what prices. See if the price of certain items is higher on a weekend than on a weekday.
See what commodities are plentiful and which are scarce. If you can find a veteran player who will share his long-term view of the Auction House, you are set. If not, you just need to keep observing.
After about a week of watching, you are ready to start buying. Look for items that are priced below their usual going rate or the rate they can reach on a weekend.
The middle of the week is a good time to find underpriced items; there are less people on the server and therefore less potential buyers. If someone needs to earn gold from a sale, they will price their item to sell. Then, just hold onto the item until the weekend and you should be able to sell it for up to double what you paid. Continue to reinvest your profits and soon you should find yourself with a tidy sum.
Buying low and selling high is a steady way to earn income. It is also fun, especially if you use economic principles in your real world job. While Dragonblight gold can be very exciting to earn, sometimes the risks involved will chase you back to the safety of the Auction House.
Occasionally a quest will take you to the fringes of this world; earning Dragonblight gold is a mark of a very brave warrior. It may soon be that many people have to cross the Dragonblight as there is a rumor that it is the best way to reach the Lich King.
However, in the meantime, it might be better to stay closer to home and get your gold through the Auction House. Even though the physical dangers are less there, there are still a great many mental challenges as you navigate through the principles of supply and demand to try and turn a profit on your purchases.
It may seem a little counterintuitive that you can make WOW money by buying things, but that is actually true.
If you have the time to hang around the Auction House and at least ten gold to your name, then you can start to make a profit buying low and selling high. The first to maximizing your purchases is to watch the markets for about a week. See what items are selling for what prices. See if the price of certain items is higher on a weekend than on a weekday.
See what commodities are plentiful and which are scarce. If you can find a veteran player who will share his long-term view of the Auction House, you are set. If not, you just need to keep observing.
After about a week of watching, you are ready to start buying. Look for items that are priced below their usual going rate or the rate they can reach on a weekend.
The middle of the week is a good time to find underpriced items; there are less people on the server and therefore less potential buyers. If someone needs to earn gold from a sale, they will price their item to sell. Then, just hold onto the item until the weekend and you should be able to sell it for up to double what you paid. Continue to reinvest your profits and soon you should find yourself with a tidy sum.
Buying low and selling high is a steady way to earn income. It is also fun, especially if you use economic principles in your real world job. While Dragonblight gold can be very exciting to earn, sometimes the risks involved will chase you back to the safety of the Auction House.
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