I'm an economist and I'll give you tips on how to protect yourself against in-game inflation. Inflation is directly related to money supply and money supply is the most important factor in inflation. If you want to know more about Real Life inflation check out Milton Friedman. If you want to know about in-game inflation keep reading...
In WoW the money supply (Total money owned by everyone) is constantly changed. It usually goes UP, causing inflated prices over time. For example, most items will be cheaper in the first months of the game than later times.
HOW DOES MONEY SUPPLY INCREASE?
1- Players looting gold
2- Players selling items to NPC's and recieving gold (Brings in more money than number 1)
3- Players recieving gold from quests
HHOW DOES MONEY SUPPLY DECREASE?
1- Players quitting the game for eternity (their gold stock is lost)
2- Players spending money on NPC's (buying food, repairs etc)
3- AH posting fee (The fee paid before posting your item)
4- AH earning tax (Paid when your item is sold, %5 cut in faction AHs and %15 in neutral AHs)
The factors moving money supply UP is more effective in the long run than the factors moving it down. In classic WoW money supply will be constantly increased after most people buy their epic mount and get over the biggest money sink. Those who are rich will be paying more for whatever they want, moving the prices up.
WHAT CAN YOU DO TO PROTECT AGAINST INFLATION?
- BE SMART WITH YOUR MONEY
Don’t be a sucker and become an early investor! Check the AH like a shark! If you don't invest your money you will LOSE some money because of the inflation! You need to buy stuff in the early months of the game, and sell them couple weeks/months later. Buy LOW sell HIGH! These opportunity windows will be open for a short period of time and you'll need to plan ahead. Make your list. If your investment gains more value than the inflation rate then it’s a good investment. But what are good investments?
TIP: Don't give away your investment ideas on public forums!
If you let everyone know the items that are gonna gain value over time, their price will be inflated from the start!
I'll tell one item to the first fella who PM's me! (Congrats Escalotes!)
If you want to know more about my investment decisions, you'll need to send me a good investment tip. Write the name of the item and when and why it's gonna gain value. If it's reasonable you'll get one tip from me. 1 to 1 ratio.
Can you please not tell people that the items they put in the AH the first week will be double when not even triple the price a week later and after the first month it will be around 10 times that price.
I played the AH since MOP (even played Legion just for the AH) and hope that i do not get adicted again in Classic because Flipping the market is so much fun and with AH just for one Server it will even be easier to controll a market ;)
@Nymis Thanks did not saw any rules and just wanted to post i read for months. As i mentioned i have lurcked the forum for months but never made an account. So sorry for that.
Also i have no Problem if my level get resettet because i posted because i wanted to post not to raise my level or so
Great tips there - inflation is definitely a sap on gold in the long term and advice re: buying up stock early is a good one.
@centurion perhaps we can add this as a section to your gold guide if @Muhip agrees too?
By the https://classic.wowhead.com/object=268458/false-orders of https://classic.wowhead.com/npc=6767/garona, I say ! Stopped reading right there !!
Which one of you https://classic.wowhead.com/npc=8553/necromancer scumbags brought this https://classic.wowhead.com/npc=8545/abomination back from the Underworld ?!? Nice try, you bunch of https://classic.wowhead.com/npc=16375/sewage-slime !!!
Yeah, that'd be a great addition to the guide!
@Uncle Ganus McAnus
Sorry for my provacative ways. It was a mistake! Even the thought of picking horde's side makes a sane man act like a sorry animal. What a circus of a faction, I say!
I won't have to https://classic.wowhead.com/spell=6238/ ... th-animals anymore and hopefully drink a beer with you in Khranos!
For the Alliance!
By the https://classic.wowhead.com/item=3786/shiny-dirk of https://classic.wowhead.com/npc=1073/ashlan-stonesmirk, I say ! Your https://classic.wowhead.com/item=1973/orb-of-deception fools no one here, you poor excuse for a https://classic.wowhead.com/npc=16030/maggot !!!
It's clearly not easy to win the heart of Azeroth's toughest paladin
Ohhh there are so many nice farm tricks you can do early game and after a few patches you will make so much money with it - but I wont share it :p
Small hint: Something everyone love do to with the family :p (yeiks :p)
Twitch Channel, feel free to take a look :)!
Ughhhh... Why do people act like their little secrets are SooOOoOoOo valuable. So annoying. Buy rare items from vendors for early gold gain (plenty of lists online showing ALL the opportunities to buy from these vendors, many players create level 1 alts and camp by the vendors and check them periodically). Buy first aid books and resell them marked up for early gold game. Run a low level character to the arena and farm STV chest for vendorable gold early game on a 12 hour timer. Convert thick leather into vendorable items on a secondary account for gold while playing as a mage and selling food/ports at the same time. Grinding in westfall? Try killing Dust Devils and getting https://classic.wowhead.com/item=2091/magic-dust! Has about a 33% drop chance from level 18-19 mobs and will sell for about 2g a piece! Running through STV or Gnomer? Mechanical mobs can drop a white item https://classic.wowhead.com/item=7191/fused-wiring that will sell for 1.5-3g on a fresh server. Are you a tailor? Can you make the Shadoweave set? Every leveling warlocks will buy it, they all have tons of gold from 38-46 because they dont need a mount, build some sets and control the auction house. Go out of your way to PM these warlocks and offer them the set. Most will gladly part with their excess gold. Just grinding mobs? Typically welps are easy to grind (low stats) and arent attached to quests - they also drop some of the rarest pets ingame. You just hit 60, devilsaur gear is BiS for a TON of classes, I wonder if that will be valuable? Invest in arcane crystals before guilds begin to build thunderfury. Take skinning while leveling. Build a bunch of level 35 characters and sell their profession cooldowns while they sit AFK in a major city. Etc, etc, etc, etc...
Its phase 1. The only raids available have fire damage. What do you think https://classic.wowhead.com/spell=17574 ... ion-potion and https://classic.wowhead.com/spell=7257/ ... ion-potion will be worth? Probably a lot right? Items like https://classic.wowhead.com/item=4402/small-flame-sac that are required to craft these drop from mobs as low as level 24-35. https://classic.wowhead.com/item=6359/f ... r#comments are from fishing. https://classic.wowhead.com/item=7068/elemental-fire from mobs as low as 24-39. You wont need to have the pattern to make gold during this time period. You wont even need to be 60. You wont even need to go out of your way. Just be aware of what is valuable, and optimize your time. You were going to kill an additional 25-50 mobs to grind out a level? Kill mobs that could offer a bit more gold. These items aren't insanely valuable on their own, but given the right phase they are worth more gold than the alternative.
When will the bloodvine set be added into the game? ZG patch? Okay, during this phase EVERY DPS caster will be building bloodvine sets. Hmmm... Bloodvine requires powerful mojo, ironweb silk, mooncloth and bloodvine! So guess what? The value of these items will SPIKE massively for about 2-6 weeks on your server. How do you make gold??? A level 52-55 player can farm ironweb spiders to gain gold. A player using multiple level 35 characters for cooldowns can hoard his mooncloth for a few months before the phase or start to buy cheap mooncloth leading up to the patch and flip it. Dont have gold? Try stealth farming bloodvine nodes as a herbalist once you acquire a https://classic.wowhead.com/item=19727/blood-scythe ... Cant do any of that? Try farming Felcloth and purchasing tailoring cooldowns so that you can sell your mooncloth. The addition of this set of gear opens the doors for a TON of gold making opportunities depending on your specific situation.
Gosh AQ is about to launch, I wonder if nature resist potions like https://classic.wowhead.com/item=13496/ ... ion-potion and nature resist items will spike in value? (Hint: They will.)
The early building of devilsaur gear, thunderfuries, bloodvine set and AQ nature resist pots are 4 small instances that can allow you to make a ton of gold. The game is FILLED with these types of opportunities spanning across all phases. Events, seasonal stuff, battleground weekends that will impact the value of grenades, free action potions, deviates, swiftness pots... So. Many. Opportunities.
I have a friend who only makes and sells https://classic.wowhead.com/item=5634/f ... ion-potion . This is it. This is all that he does to earn gold. He contacts premade teams and offers them special prices and then he acts as a broker (likely with people who run fishing bots, but never the less) he simply buys and resells free action potions in enormous quantities on both factions. He moves MASS quantities on BG weekends. He earns more gold doing this throughout the lifespan of a server than anyone else I have ever met. More than any individual in the devilsaur mafia... More than any enchanters who have a monopoly on the AH... More than mages who farm Diremaul... More than hunters who farm mara and sell carries for blackstone ring or solo DM and sell chest drops... More than rogues who pickpocket farm BRD... Your opportunities are endless. The smallest niche things can earn you a boatload of gold.
There is no secret to making gold. There is no trick. You have the phases. You know what order content will be releasing in. Earning gold in Classic is the equivalent to betting on sports events with access to a time machine. You are making a surefire bet. The only thing you can really do wrong is to hold onto your gold and watch it depreciate. Just read the phases. Understand what is coming up and then invest in what players will need to complete the new content. If you can stay 2 phases ahead of everyone you should find a sweet spot where you can really multiply your investments. If you are running around aimlessly grinding just optimize your grinding route to include mobs and items that you know are valuable. The ability to make gold is EVERYWHERE. Sure, experienced players will know to check certain mobs on a fresh server for specific items, or to loot certain weapon crates that may be hidden in the world, but you don't need to min/max the hell out of this... Just make good decisions and your gold will multiply quickly.
TLDR; You don't need experienced players to share their secrets with you. You have all the answers right infront of you. There are hundreds of ways to make easy gold and none of them are complicated because we are putting together a puzzle that we have solved MANY times in the past. Anyone saying they don't want to share their "secrets" with you, probably aren't aware of how many opportunities there are to make gold and they probably aren't a very valuable source of information anyhow.
@Stfuppercut Because there are still money machines, which despite years of private server experience are still not really known :p
On every server I played on that was progressive, this money machine worked :D
Twitch Channel, feel free to take a look :)!
Although I played vanilla only on weekends thus I really didn't have time to farm so to speak, I am aware of what can really make some serious money down the line. I made most of my gold during TBC because on my server's Auction House I noticed an item that was constantly low although it was high demand, so I would farm the thing and put it over on the AH when people started to ask over in trade. There isn't a single one time item that will make you lots of money the whole game, from day 1 to day 1000...
Do you guys use the default AH without any addons? If not, which ones would you recommend for a fairly new player? I am interested in a simple one, nothing too much in depth. Just to see the value in my inventory after looting or gathering stuff so I know if it's worth keeping it in my inventory.
I believe an Addon called Auctioneer Lite could be for you, if it's made compatible.atkars wrote: ↑1 week agoDo you guys use the default AH without any addons? If not, which ones would you recommend for a fairly new player? I am interested in a simple one, nothing too much in depth. Just to see the value in my inventory after looting or gathering stuff so I know if it's worth keeping it in my inventory.
Uh huh. Having a crystal ball to see into the future is a money machine.