Warning for Larkan: General Idiocy

◊ Kaubel · 12/12/07, 6:41 PM

Post: The Art of Making Gold
User: Larkan
Infraction: General Idiocy
Points: 0

Administrative Note:

Message to User:

Don't sign your posts.

Original Post:

Jehane,

I've actually done this with pretty much the exact same market your talking about. The potion market can be pretty easily manipulated when your watching the server progression as a whole. I watched for server progression into TK and cornered the market on fire pots, bought out everything, listed some high on a seperate character, then over mon-wednesday (highest % of top tier raid guilds main progession days) and listed a decent number, without flooding to bad. Made a fairly good profit. I was also lucky and invested in the shadow primal thingy a while back and turned that around for shadow pots when people were getting near mother shaz on the server, and made a good chunk of money their as well.

As far as professions, the only cases I know of people going into thousands of gold is investments for higher yield. I just recently leveled up JC to 275 and am going to be breaking into that market in the future, Taking an example from Dezzie, I managed to stockpile a _ton_ of fel iron ore that friends wanted to sell cheap and have turned that around for a huge profit as well as buying out maybe 200 g worth of fel iron ore (I know not the best % gem drops, but not bad with a hugely infalted adamanite market), most stacks being bought for less than 8g for 20 ore, I've turned out well over a thousand in uncut gems alone. With the larger nest egg, I'll look further into buying/prospecting/reselling while I finish leveling the character and can get the outlands recipies.

-Nergal

Originally Posted by Jehane

Has anyone here fully explored the vertical-monopoly trick?

I'm interested because I managed to make it work one night with Fel Lotus and Flask of Pure Death. I bought all of the Fel Lotus and all of the cheap Flasks, and relisted the Flasks at crazy prices. After a few hours of that (and Fel Lotus buying) I put up the Fel Lotus for 5-10g more than I had paid for it. I managed to sell all but one Lotus and one Flask. It was something I'd done out of pure frustration (what?! Only 3 Fel Lotus up when I need to craft?) but it proved fairly lucrative.

As my server's pretty old and there's a lot of stockpiling, it's not something that can be done all the time, but I find it useful from time to time when I'm dealing with items that I know I'm going to use anyway.

My little engineer managed to pay for herself up till 300; past that I'm now into her about 200g. I have about 150g worth of Cogspinner Goggles on another character, and it's back to mining Copper till she's back to break-even. I don't understand how people spent thousands of gold on their professions.