April 15, 2010
Tags: advanced, idea, juknyard, pro-tip, skilled
…or parts of a large one.
This isn’t my idea tbh, I saw some bankers do it on my server, and I expanded on it a little bit.
So here it goes.
We all know that monopolizing a market is pretty undo able, we always have under cutters, and buying them out costs more money than you make.
Well… Not anymore!
Thanks to our patented DUMBscheme™
(Death to Undercutting MoneyBankers)
Disclaimer: use this are your own risk, one-copper.com, writers of one-copper.com and articles written under one-copper.com are not responsible for any gold loss or personal injuries under any circumstance.
Smaller markets can be controlled. though not for a long time. We all kinda know this already. But most of us don’t do it that much. I like to control the mithril ore market. for a couple of days at a time but no longer then that. most of the time I end up with about 1K profit. only when real “die-hard” bankers get in my way I end up with 0 profit/loss. (I just leave and try again next month)
Now here is my crazy Dumb-pattented scheme:
I did it in the glyph market… oh yes I did it and came out with 3K profit the first week, 2K the second week. stopped 2 weeks and did it again. It works like a charm.
The glyph market is HUGE. You can NOT monopolize it. You can’t even monopolize a single class for long. But… you can.
first off go through all the glyphs manually, see which ones sell fast. See which ones have little competition and remember those.
after a week orso of checking start making 2 glyphs that don’t have much competition in large quantities (I’d say 20-30) and 2 that sell fast and don’t have more then 10ish up on the AH.
STEP 1: Craft 20 glyphs each (total 80 glyphs – 200-400G in production cost)
STEP 2: buy out all the glyphs on the market (maximum of 500Gold otherwise you chose the wrong glyph)
STEP 3: list 5 of your glyphs for 50-60G.
STEP 4: ??? (jk) go and play on your main or something for a couple of hours
STEP 5: undercut any undercutters with 10G (5 glyphs again)
rinse and repeat, as long as your playtime.
now before I’m continuing, if you wake up the next day and didn’t sell 5 glyphs of each one you made, stop producing that one.
STEP 6: find other glyphs that have low competition and sell fast
STEP 7: drop 10 Glyphs at about 105% of the normal value, and leave that market
STEP 8: move in your new glyphs into the new market and go to STEP 1.
This method, let’s you “blitz” other sellers. by selling for a huge amount of money, for only 2-3 days, and moving into another segment. and doing it over again. If you do this right, nobody will know whats happening and you’ll sell some before the competition comes.
let’s say you moved in on glyph of revujination with a normal sell price of 10G.
There were 10 on the market so you lose 100G +50G for making 10 glyphs.
You relist 5 of 50G, and 2 sell before the undercutters move in. You relist again for 30G. and sell another 3. then you dump everything you originaly bought on for 12G.
Let’s say there were 5 of those that sold.
Total costs: 150G
Total gold got: 2×50+ 3×30+ 5×12 = 250G
Total in products left: 10 (enough to to it another time
so…
Total profit: 250G (250×2 – 100x2G+50)
mutliply by 4 glyphs and you get 1K in profit in the first week.
Do note that you can’t do this on the same glyphs more then 2 times a week! and not on the same days!
The idea of this scheme is to suprise everyone, and if you do this too much with the same glyphs on the same days, everyone will know and you’ll end up in loss.
A fortune starts with one copper!
EDIT: oh my disclaimer was fubar!
December 8, 2009
We all know Christmas brings around the sheep in WoW so here are the first batch of tips to get started!
Farming 1:
- Copper ore
- Wool Cloth
- Rune Cloth
- Rugged leather
Farming 2:
- small egg
Farming 1
why farm these mats? Well These are needed for the crafters, also be sure to sell them early since a lot of crafters are looking forward to making these as christmas just begins (before the war starts and prices fumble)
Out of the mats above you can make Green Winter Clothes and Winter Boots (Tailoring and Leatherworking accordingly)
Farming 2:
aaah yes the small eggs…. they are needed for the cookies baby! be sure to post them up for sale a day BEFORE the season is on us! since the others won’t be there by then and you’ll have the first few hours off and up for you, while everyone else is still farming for those eggs.
Don’t forget to buy some refreshing spring water with it and sell it all on the AH!
My recommended starting Buy out prices (before others post – that’s why you need to post these at least a day before the event starts!!!!)
- Copper ore — 50G for 5
- Wool Cloth — 25G for 10
- Rune Cloth — 50G for 10
- Rugged leather — 50G for 5
- Small Egg — 50G a piece
Don’t worry if there are some others still at 5 or 10G before the event, they will be bought out soon enough… (or you can buy them and repost them ppl!)
This is a quick and easy way to make money, just make sure you can start before the holiday event for the most profit and a few hours of near monopoly!
December 4, 2009
Tags: burn out, gold, tip
For those that are tired of the same ways of making money. For those that want something completely else to do, for those that want something different.
How to make gold in a boring, suicidal, ludicrous or other way, this new installment will hopefully cheer you all up with prospects in the future!
Today: Old sKool Raiding!
Yes raiding lvl60 and 70 content, though for different reasons.
lvl60 raids and dungeons drop parts of the first ever made dungeon set and 3 of those (waist, hand and wrists) are BoE, now I know what you are thinking, but seriously they sell! and they sell for about 50-100G a piece, if you are lucky and run MC with 2-4 guys (3 is the best tbh, 2 makes some mechanics finicky) you can get dungeon set 2-3 wrists/belt. that was the first EPIC set and the wrists and belt again are BoE these sell for about 100-200G a pop. Now include this with about 100G you get from the raid itself + another 100G for core of earth, hearth of fires etc. and you get between 250 and 500G for a run of an hour, This isn’t the “best” way to make money but it is fun! if you want some old gear for your self (I got my full dungeon 1 set on my hunter) or want to get an achievement or just want some fun, this is a good way to make an extra buck
lvl70 dungeons/raids are yet again a bit different. These drop a lot of blue/epic BoP items so money doesn’t come from them, but the bosses drop about the double amount of gold, a lot of greens on trash and some misc’s all around. The money is about 200G if you are running with more 4 guys, about 250 when you run with 3.
Other reasons to run this content is to get some really really easy reputation. If you want to complete your skillbook this is another reason to run these things. (Don’t forget that those patterns etc, can make you money if your lucky) Or do you want a new mount? go for the impossible drops and get a phoenix, a horse, a raptor etc etc…
As said the money isn’t all that, but it still makes you a nice buck, and is guaranteed to push your skills if you only take a min. of persons.
So if you want some gold, some fun, some skill testing, some “bonding” in the guild/friends, suicidal runs (your a lvl60 running with 2 lvl80 guildies) or just want to tag along while bored. this is the place to go.
I’ll see you next week ready to go again!
Seth,
A fortune starts with ONE and only ONE copper!
September 14, 2009
Hey hey !
*song* I’m back I’m back*
So I’ve been quiet lately, long hours at work, and some personal problems made WoW, blogging and others a bit difficult. Well it should be over now.
So i’ve been doing a lot of trading this week and now fully control the Rigid King’s amber and the Runed Cardinal Ruby market. (post once every day for only 10G profit +/- 160G)
No-one is even trying to get under my price, and if they do I sell with 1G to even 50s silver. (including the AH cut etc etc)
But There was something missing… I Don’t have enough time to do my daily JC quest everyday, and most off the tokens I use for the Dragons eye to improve my raiding gear.
So I needed another way to make decent money.
So what did I do?
invested 8K gold in gems, and are selling slowly to have a steady income. (about 500-600G a day)
Bought 2x Mychals botanic bag. (800G)
Dropped mining on Ari and picked up herbalism (240skill right now)
Dropping Skinning on Elloën. and….
Taking…
Inscription.
Yes before all the rants start… I said I would never ever take inscription. Yes, uhuh I know.
Yes, indeed, uhuh, now SHHHH!
As a “bussiness” man I had to take the opertunity. The market for glyphs is so huge, and uncontrolled that well it needs a banker… seriously.
I see glyphs selling for 60-100G! I can cut the price in half (customer happy), Get some good and easy gold (I’m happy) and others will sell a lot less (sellers not happy, which in turn makes me happy)
So yes Ari is maxing out her herbing skill so that Ell has enough herbs to minimize the costs.
When the skill is maximized I can start making profit on it.
When that is done, I’m going to grind for some more herbs. Then drop herbing and take Alchemy. To get my hand in the Alchemy market.
So if all goes well in 1 to 2 weeks time I’ll have my hand in:
-Parts of the gem market
- whole Glyph market
- LW market (not that this actually is worthwile -_-)
- Alchemy market (mainly changing and selling gems)
Hope all goes well!
Any ideas or some comments are welcome!!!
Grtz
Seth