It has been one week since I started this fresh challenge – with 1g to my name, how much could I earn through ONLY using the auction house. I started off by buying a handful of items that were priced under vendor, and then I started branching out into markets that had low auction house fees (recipes, pets) and pricing them well under market value so that I wasn’t waiting for them to sell, but rather waiting for a little more pocket cash.
I set a goal to earn 10k in that first week – I thought it was a lofty goal because my play time these days is maybe 30 minutes total, 10 minutes on that new challenge character. Real life is busy, and I didn’t want to be completely defeated on this challenge because of that. the goal is to have fun after all.
I blew that goal away, and for the week earned 19,736g in total. Most of that gold was made from actual flips and not from selling to vendor. If I were patient I know that could have been a larger number, but honestly the goal is to get gold fast, not to have it sitting around for months. Gold that is tied up is of no use to me.
“How do you know what to buy” – this is where I have an advantage over a beginner goblin. I’m not new to making gold, I’ve been doing it for years. I rely a lot on intuition but my intuition is pretty good thanks to experience. Sure, I’m on a new server and I’m not familiar with it as much as my main ones, but they follow general guidelines. There is no magic trick to this part, it just takes time and experience. I watch the wow economy discord frequently to try to see what others are selling, and then just use the TSM statistics in game (along with statistics from the undermine journal) to decide if it’s worth my time.
So far, it’s working out lovely and I’m having a lot of fun with this challenge! Next goal? Reaching 50k before next Wednesday.
2 thoughts on “Wednesday Challenge Update: Rags to Riches”
That’s amazing that you were able to do that. Can I ask specifically how you use Discord and the Undermine Journal to know what to go after? I’m trying to get into Gold Making more but I’m still not sure how to find the things that are best to flip. Is there a specific number/formula you use that tells you? Thanks for any info.