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money making - so easy, you'll think you've gone retarded!Follow

#1 Sep 18 2007 at 4:24 AM Rating: Good
I've been a long time viewer of Allakhazam since my days of Everquest but have only recently become a member.

I've been using the guides here to help give me the edge on my WoW character. While many of the guides are great! I personally have found the gold making guides to be complex or confusing. I have written up a little guide that I hope will help people.

I apologize if this isn't in the proper location, lol




This is going to be a very simple guide. I probably won't go into great details because figuring these out should be fairly simple for everyone. I've gone through a lot of guides and tutorials about money making and they are all bullcrap or way to complex.

First we'll do professions. Let me state now that if you want to make real money, you'll drop the professions you have and pick this up (unless you already have them, then you probably don't need this guide).


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Mining + Enchanting (or Disenchanting, more so)

1. Mining - There isn't much to be said about this. Even a stack of copper ore can easily go for 2g on most servers I've played on. At level 10, 2g is the world! So you can imagine what the other ores sell for. Pretty simple, huh? Mine ore, Auction it! And always check current Auction House pricing to compare your Buyout price to.

2. Enchanting (disenchant) - I really didn't pick this up to throw enchants on myself, though it has come in handy. It's fairly simple, through-out the game, you're going to come across gear that you don't need. The materials that will spawn due to disenchanting are worth more (almost always) than they are going to be putting it up for Auction or vendoring it.
- what I like to do is, when I build up mats, enchant my gear with whatever I can, and Auction the rest. Materials (or mats) go for big bucks on most servers.

Wow, that's so easy huh? So easy it must not work? WRONG!, Using this technique, I was able to build vast amounts of gold on my newly formed horde character by level 15. At that level, I had over 45g... which if you don't have a high level alt on a server to back you up, is a ton of gold!
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Helpful tips....
Sometimes you'll come across a vendor who sells a limited number of greens. These are usually cheap and produce materials which can sell in auction for more than you paid for the item.

Even when you hit higher levels (20-30-40) and are running short on gold with no veins to mine in sight, make a quick run to a newbie zone and farm it. This is a great way to gain some quick cash!

Feel free to replace mining with herb. I just find mining, at lower levels at least, as/more consistent and hence why I recommend it as a money maker.

Edited, Sep 18th 2007 8:33am by UnderTheGun
#2 Sep 18 2007 at 4:59 AM Rating: Good
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4,575 posts
are you sure you've been reading a long time? because if you have, then you'll realize you wrote the same thing that has been said before, in the same level of complexity that others wrote (that is, it's easy to do those things you mentioned, in the way you and others mentioned it). sorry to sound so negative but the way you start out your post makes it seem like you will add something new or different or interesting, and you didn't.

i'm sure you and other people won't like this response but i guess i'm like the American Idol judge -- sometimes I have to tell it like it is, without sugar-coating.



Edited, Sep 18th 2007 8:00am by bluegayle
#3 Sep 18 2007 at 5:08 AM Rating: Decent
Well I never read the actual forums, after posting I seen that this is a huge discussion for everyone. Still, some people may find it helpful, and I looked forward to my first post being a contribution to the site.

oh well
#4 Sep 18 2007 at 5:37 AM Rating: Good
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120 posts
I found the OP's comments to be of good quality. He was also being sincere in his attempt to help other people. Thank you for bringing your point of view.

It is true that a lot of topics have already been discussed (making gold being one of them for sure) but they will surely be discussed again as new people join or as people get faced with an issue that didn't touch them before. The OP wasn't asking a dumb question but bringing information which, although already known by most, may help a few by providing the point of view from a new player without alts to support.

Who knows, maybe one day, someone will suggest something new that we never thought about?

#5 Sep 18 2007 at 8:24 AM Rating: Default
You have a level 15 character with 45 gold. Where did you find enough greens by lvl 15 to disenchant to get all that gold. You must have had a higher level alt feed you some o' dem greens...
#6 Sep 18 2007 at 8:56 AM Rating: Decent
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1,305 posts
Quote:
You have a level 15 character with 45 gold. Where did you find enough greens by lvl 15 to disenchant to get all that gold. You must have had a higher level alt feed you some o' dem greens...

I doubt it was all DE that got that much. Mining probably made him some gold that he then bought grenns off the AH to DE.

Edited, Sep 18th 2007 10:56am by fuzzzywuzy
#7 Sep 18 2007 at 9:14 AM Rating: Decent
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704 posts
OhMikeGod said in the DE for money thread that he created an alt that started DE with 50s and was able to ramp it up. Having a high level alt is just going to speed up the process.
#8 Sep 18 2007 at 9:40 AM Rating: Decent
Great thread!!! Now, here's a question.

I am a level 29 warrior (first time WoW'er) who went from 6 to 60 gold over the weekend using the AH, but am noticing that skinning just isn't selling as well as I'd hoped (silver and iron go like crazy). People only buy light leather at low prices, with medium, heavy and hides often not selling at all.

If I switch to disenchanting tonight (I'm almost 200 in skinning), is there a beginner's guide on here that will help me? As I'm questing tonight (In Darkshire on Shanris, for anyone who cares), will green drops at my level be too high a disenchant? I know nothing about skills save for herb/mining and skinning, along with the 3 secondaries.
#9 Sep 18 2007 at 11:32 AM Rating: Decent
Also, to D/E an item, what level in enchanting do I need to have?
#10 Sep 18 2007 at 1:18 PM Rating: Decent
Quote:
You have a level 15 character with 45 gold. Where did you find enough greens by lvl 15 to disenchant to get all that gold. You must have had a higher level alt feed you some o' dem greens...


i dont find it that hard. when i started playing on day 4 i had lvl 16 lock 16 gold thats after spending probaly same amount if not more gold in AH for upgrades. i was mineing/skinning. mineing FTW on horde seems copper sells more there. then again could just be diff servers i'm on one horde is pvp other ally is pve. but yet to find spot like IF on horde side.
#11 Sep 18 2007 at 4:45 PM Rating: Decent
I play three characters at the same time. I have 3 accounts and one computer. I started all three together and they are now lvl 38 mage, lvl 37 pally and a lvl 38 hunter. This allows me to always have my own group, the mage is for dps, food+water and ports, the pally is rezzes,heals and buffs and the hunter is tank. The unique thing for me is that as a single player i have 6 professions: mining,herbalism,skinning,leather-working, enchanting,tailoring. I basically gather everything and DE where I need to. I also every day buy up bargains and resell usually in one day.

I would get two addons to help:
The new 4.0 auctioneer, http://auctioneeraddon.com/ This has a mode to scan AH and find bargains for you.

The gatherer addon http://gathereraddon.com/dl/ remembers where you found minerals, plants, chests and marks them on your map. This allow sgoing back to the same spot. A unique feature of the gatherer is that it shares the locations of the things you find with all the members of your guild (their maps update with your info).

Currently i find skinning/leatherworking getting me about 1g per stack of leather, DE getting me lots of ingredients and mining always selling. My herbalism is only 120 so it hasn't been as fruitful, but i raised it 20 points u=just yesterday. When i reach lvl 40 with these three i will be able to do more with the mounts.

I would say the easiest way to get money so far has been using the AH and the auctioneer. I found someone selling 20 tin ore for 15s, bought it and sold it 15 minutes later for 1g.

As i go on quests with my three i just gather everything. I always empty my bags (put partial quest items i am not working into the bank). I do not need to bring water or food thanks to the mage. My pet is a boar so it eats anything so i have no recurring costs. My builds are a fire mage, a healing pally and a beast master hunter. It is enjoyable to play.

good luck
#12 Sep 18 2007 at 5:07 PM Rating: Decent
AtrophyGFour wrote:
OhMikeGod said in the DE for money thread that he created an alt that started DE with 50s and was able to ramp it up. Having a high level alt is just going to speed up the process.

Only by a couple of days. Once you've made your seed money, it's all the same. The fact is that once you get to around 150G, you can pretty much buy everything that's disenchantable for profit on the AH, and having more gold doesn't help you make any more. I think the most I've ever put into the AH (purchases and bids) is 400G, but that day was an exception and not what's normally found.

Still, disenchanting by farming the AH is a cash-flow thing. You tend to have a bit of gold tied up in bids on a constant basis, and only make gold off the items that you purchase outright or make the winning bid on. I usually have about 100G on "float" - out there on the speculation that it will make me some more gold.

Bidding also pre-supposes that prices for mats will remain the same or rise. That's why it's important to be a bit conservative when bidding. I make gold even if mat prices drop by 25% through conservative bidding. It may lose me a few more auctions, but it also has little chance of really losing me gold.
#13 Sep 18 2007 at 5:09 PM Rating: Default
uhh how do you make money at 70?

I'm poor, and farming to get my leatherworking up is a huge pain in the ***. I have never figured out how to make money.

disenchanting? eventually you will have to enchant stuff as you won't get skill ups from disenchanting. You can't disenchant high level items if you enchanting is low (I know, I tried :)). so you have to use those disenchanted mats for enchanting. Money lost right there. Enchanting is no way to make money until you have it maxed out or close to it. You need enchants people actually want. No one wants my low or mid level enchants :(

I have to face it and realize the way to make gold is boring. dailies.

instead I'll just abandon my char. At 70 the game ceases to become fun and turns into a job.
#14 Sep 18 2007 at 8:56 PM Rating: Decent
hey everyone, thanks for the kind words about my thread.. glad to see it sparked some interest.

FIrst, how I made that kind of money? Well on the server where I'm at now, I have no high level alt to feed my lowbie. This is my first horde toon.

It's easy though... mining + disenchanting. Basically, everything I was wearing would get disenchanted once I replaced it. I did find a few low level greens to disenchant too but really my money at that level came from mining + selling wool in the auction house.

Also like I mention, you can find vendors that sell a limited number of green items. These items are usually repopulated after a short time, then I would just go back and buy them all over again. This really is how I got my disenchanting going.

Usually the auction house has low level greens you can buy for super cheap. These are usually worth more disenchanted. I also did this.

Let me also state that yeah, I did this at level 15... but it's not like I did it in my first day. I've been working on this character for a little over a week (not game time, real time). It isn't an overnight thing, but you can generate quick cash!

To jZion,
you'll be told by your profession what level of enchanting you need to do something. It's always done, though, in increments of 25. So low low level stuff is 1, then 10 is 25, ect...

Disenchanting is a good money maker for when you hit higher levels too, or atleast I think so on my high level alliance toon. Oh and let me add that your first several levels of enchanting will be gained from disenchanting! so BONUS! lol

Edited, Sep 19th 2007 1:04am by UnderTheGun
#15 Sep 18 2007 at 11:24 PM Rating: Good
thrashering wrote:
uhh how do you make money at 70?

I'm poor, and farming to get my leatherworking up is a huge pain in the ***. I have never figured out how to make money.

disenchanting? eventually you will have to enchant stuff as you won't get skill ups from disenchanting. You can't disenchant high level items if you enchanting is low (I know, I tried :)). so you have to use those disenchanted mats for enchanting. Money lost right there. Enchanting is no way to make money until you have it maxed out or close to it. You need enchants people actually want. No one wants my low or mid level enchants :(

I have to face it and realize the way to make gold is boring. dailies.

instead I'll just abandon my char. At 70 the game ceases to become fun and turns into a job.


My sense is that you've "never figured out how to make money" because you spend more time whining than reading/learning. With as many posts as you have, I'd have thought you'd read some guides here that explain various aspects of how to make money. Since I'm feeling like a pompous yet charitable *** tonight, I'll review the basics for you one more time.

1) There are too many players and too few "production" professions (ie. BS, LW, Tailoring, etc.) to expect to be able to turn a profit from any of them in any significant amounts. The market for most items these professions create is almost always flooded, and in their haste to recover at least some of the value in materials that went into producing their goods, players undercut one another to the extent that they'd have made more gold selling the raw materials than the finished goods.

2) Blizzard knows this. Why do you think a lot of the really good crafted epics are BoP? It's an incentive and reward for people to skill up the profession, since earning gold isn't a benefit that comes with the package.

3) Enchanting is only expensive to level from 350 onwards. There are a couple of demanding spots prior to that, but it all balances out. By the time you're rolling with enough seed money to cruise the auction and buy all of the green items priced low enough to turn a reliable profit, you're producing a very large quantity of materials on a regular basis. Some of those go to skilling the profession, the rest are sold to cover costs (and usually with a noteworthy profit on top of it).

4) Spending gold is the fastest and easiest way to make sure you remain broke. Since leveling in WoW is such a rapid process, spending gold on blues/purples prior to level 70 is a phenomenal waste. Going the extra mile and putting pricy enchants on anything pre-70 (unless you're a twink) is also a phenomenal waste.

I don't even put any serious effort into earning gold anymore. I cruise the auction for 65-70 greens and keep a very small supply of the resulting materials on auction. If I were to suddenly anticipate a major expense on the horizon, I could empty my enchanting materials out of the bank and onto auction and when they sold I'd have an extra 2000g or so to play with. That says nothing of the several hundred gold worth of ore sitting on my various alts. Since hitting Exalted with Skyguard, I might do 2-5 dailies a day while I'm trying to find a group for the next instance, but beyond that my on-hand reserve hovers at a fairly steady 1000-1500g. Socketing gear is very pricy and I just respecced so I sell a little of this and a little of that, run the occasional daily, and then buy a gem or two. I have no concerns about the sustainability of my income, and keeping an adequate trickle coming in is almost an effortless process.
#16 Sep 19 2007 at 3:26 AM Rating: Good
AureliusSir wrote:
My sense is that you've "never figured out how to make money" because you spend more time whining than reading/learning. With as many posts as you have, I'd have thought you'd read some guides here that explain various aspects of how to make money. Since I'm feeling like a pompous yet charitable *** tonight, I'll review the basics for you one more time.

A rate-up for writing what I was going to. That gave me room to be a pompous *** about ennchanting instead of money-making in general. Thrashering thinks that enchanting should make lots of gold if he sells enchants. It doesn't, and it's a PITA when treated that way. You end up dealing with ungrateful customers, noobs who want everything (including your mats) for free, people who swear at you for not providing all the mats, people who try to rip you off any which way they can, and those that only "tip" a pittance.

thrashering wrote:
disenchanting? eventually you will have to enchant stuff as you won't get skill ups from disenchanting. You can't disenchant high level items if you enchanting is low (I know, I tried :)). so you have to use those disenchanted mats for enchanting. Money lost right there.

Money lost? Well yeah, some. But you should be producing more mats than you can use and you'll end up ahead by AHing the ones you don't use.

thrashering wrote:
Enchanting is no way to make money until you have it maxed out or close to it. You need enchants people actually want. No one wants my low or mid level enchants :(

Enchanting your own items instead of relying on ungrateful "customers" means that you won't have to go far to find something to enchant. Money does not come from enchanting. Money comes from selling mats to those who actually want enchants and can get them from an enchanter willing to perform them free (with customer's mats) - or from enchanters willing to skill up by buying mats instead of disenchantables.

Summary: you can make money from enchanting if you treat it as a gathering instead of a production profession.

Edited, Sep 19th 2007 4:36am by ohmikeghod
#17 Sep 19 2007 at 7:59 AM Rating: Decent
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982 posts
Dont forget the alt's which are powerlevelled to 300 or 375 enchanting, the sugerdaddies will invest in a quick level-up and pay for it (vision dus, nether essences)
#18 Sep 19 2007 at 11:16 AM Rating: Decent
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237 posts
I easily made 20Gs by lvl 15 just by selling Jewlcrafting items. Seems a lot of people like the lower-lvl items either for disenchanting or twinking. Good advise by everyone above. Just be sure to stick to the strategy and have patience.
#19 Sep 19 2007 at 1:19 PM Rating: Decent
thrashering wrote:
disenchanting? eventually you will have to enchant stuff as you won't get skill ups from disenchanting.


You can take it slow and use a portion of your mats for enchanting your own bracers, etc for skillups. This is the no money out of your pocket approach.

Alternatively, if you are impatient like me, you can invest a few hundred gold power leveling to 300 enchanting.

Let's see, I spent a couple hundred one day, but have gotten back several thousand in profit. I now have an alt with his own self supporting business, and the daily profit keeps coming in.

Either way, it's an opportunity to make cash without much risk, and without having to always kill stuff.
#20 Sep 19 2007 at 10:28 PM Rating: Good
AtrophyGFour wrote:
OhMikeGod said in the DE for money thread that he created an alt that started DE with 50s and was able to ramp it up.

After getting to 500G (L20-225 Enchanting), I decided that more gold at his level is redundant. So he joined a heavy-RP guild and is currently concentrating on leveling. I figure that I'll go back to making gold when he needs it.
#21 Sep 20 2007 at 3:08 AM Rating: Good
well I don't know about you guys but I found enchanting to be easy as heck! Disenchanting crap items you find from mobs or in quest is great. On top of that, if I ever had a few extra coins to spare, I always went into the auction house, searched for items around the level I needed for disenchanting, bought them till I felt the prices were getting too high (you can usually get 3-5-6 at a reasonably cheap price).

From there, I'd use my own gear for enchanting purposes and level my skill up. I was about 250 within a week doing this method.

I only got my skill level over 300 to be able to disenchant any epics I found useless that were soulbound. Other than that, just get yourself to 275 and you shouldn't have any worries about disenchanting for money!


And I should mention, you don't have to disenchant higher level items to make money from the mats. PEOPLE WILL BUY THE LOWBIE STUFF!
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