For those willing to put the time and energy into making money in World of Warcraft, this is probably the very best and most involving method of making money in the game. The first thing you need to do is have the corner on a market for any one object or item. A good example is large glimmering shards. For this example in particular, you’ll need a good amount of gold for initial investment.
The next step is to start upping the price on the item in particular and manipulating the overall market. Say for example you have a set value for a stack of glimmering shards. It could be selling for 1 gold or so. Maybe there are 10 in the auction house. Buy them all and empty the auction house completely.
Now that you have the entire market on glimmering shards cornered, you can sell them for whatever you want. If you don’t decide to go completely overboard, you could get a solid 2 gold a piece for them and double your investment. Make sure you keep a multitude of these on the market at every time because it’s going to take a little while before you actually have the demand you need to sell these.
And ultimately, if anyone decides to sell any of their own of a certain item, buy them up for yourself and turn around to resell them before the market readjusts. After a week of the price being set in place, people will begin to accept it and work with it accordingly, paying the 2 gold you’re asking. So, if you now have the price driven up, you can sell off all of your stock and make big profits.
Here’s why this method works so much better than the standard buy low sell high method. You’re setting the high by yourself and buying it all out low. If you can drive the price up to the two gold mark, you can probably drive it up to the three gold mark as well. Build up your stock and keep reselling them until you’re making substantial profit.
If you can afford it, don’t stop at one market for a product. Pick multiple products and monopolize the products as well. You’ll find that you can make substantial amounts of money by doing so over time. If you pick higher level items or huge amounts of items, you can make all of the gold you need simply from this one method.
In the end, this method is one based on the amount of effort and time you’re willing to put into the process. If you have the financial know how and energy to spend the money on the auction items you need to make money, you can run the market for large sums of gold.
Peng Joon is an avid World of Warcraft gamer and frequently writes about World of Warcraft gold strategy, guides and tips. Visit his website at http://www.thewarcraftguide.com to find out more.
Source: www.articletrader.com
